[2019.10.12] [PART 2] — [On-Going: HOT] [Trade War] China America trade war started TURBOII030 2019-10-12 [2019.10.12] [PART 2] — [On-Going: HOT] [Trade War] China America trade war started2021-08-24T00:29:39+00:00 China Economy Info, China Major Events 11 CMTS TURBOII030 last reply @ 2021-08-24 China America trade war started – [进程+结局] 预计 Related Posts [GDP] [PPP] World GDP ranking Nominal & PPP [2021.09.28] Chinese netizens slam racist behavior of PwC staff [2021.09.27] UK warship passing Taiwan Strait
From July 2018 to May 2021, the United States imposed additional tariffs on China by a total of about 97.7 billion U.S. dollars. So, who is responsible for these tariffs?
China’s economic growth has fallen from around 6.5% in 2018 to 6% in 2019. Only 8% has fallen. US economic growth has fallen by 33%, from 2.9% in 2018 to around 2.0% in 2019. Xi does not have to worry, Trump on the other hand now that the elections are coming and especially because the US trade deficit is coming with the world (and especially China) under his leadership has risen by no less than 30%. Trump is a leader who has exploded the trade deficit, as have budget deficits and government debt. Calculating appears to be quite difficult for him and also for many of his fans. Facts don’t lie.