1. Americans Favor US-China Trade, Split Over Tariffs
- Author:
- Craig Kafura
- Publication Date:
- 09-2019
- Content Type:
- Special Report
- Institution:
- Chicago Council on Global Affairs
- Abstract:
- Over the past 18 months, the United States and China have engaged in a steady escalation of tariffs. Beginning with steel and aluminum tariffs imposed by the Trump administration in March 2018, the trade conflict has expanded to cover hundreds of billions of dollars in bilateral trade. Recent rounds of negotiations have made no new progress and have led to both sides escalating further. The most recent US tariffs on Chinese imports went into effect on September 1, covering $112 billion of goods. Beijing has countered with retaliatory tariffs and has halted all agricultural purchases from the United States, a move targeted at already-struggling US farmers. While Americans broadly support engaging in trade with China, they are split along partisan lines on how to engage in that trade. Republicans support raising tariffs on Chinese imports and believe it will help the US economy in the long run, while Democrats oppose doing so and believe it will be harmful.
- Topic:
- International Trade and Finance, Bilateral Relations, Tariffs, and Trade Wars
- Political Geography:
- China, Asia, North America, and United States of America