But do trade sanctions work? Since January, President Trump has followed up on campaign promises to get tough on China by raising tariffs on a number of Chinese products — including washing machines, solar panels, steel and aluminum. To understand this scenario, we need to look at the underlying structure of trade between the United States and China. (Chinatopix/AP)Not all U.S. firms back China sanctions — and that’s a problem. There were virtually no U.S. industries that directly competed with Chinese imports that welcomed the threat of China sanctions.
Source: Washington Post March 20, 2018 14:56 UTC