Monday, May 12, 2025
China trade
Trump has made progress in getting China to lower tariffs but that is only part of the trade problem.
Besides tariffs, China employs various non-tariff barriers to trade, including quotas, licensing requirements, complex regulations, and administrative hurdles. These measures can restrict imports, raise prices, and impact competition.
This means there is much work left to be done before China is a fair trade partner.
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