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Are Tariffs On China The Right Way Forward?

They punish China's trade tricks

This will hurt everyone involved

 Getty: Pool / Pool

The tariffs on Chinese imports are warranted, argues Scott Paul of Real Clear Politics. The country has long engaged in immoral trade practices, enriching itself at the cost of the US. It appropriates American intellectual property through theft, sometimes with the help of hackers. Altogether, this habit of stealing costs the US between $225 billion and $600 billion a year. China has also engaged in currency manipulation, costing America. Obama saw this and tried to stop this practice through diplomacy, which didn’t work. President Trump is right to call for tariffs, to put the country in its place and protect America's economy and companies.

Keep on reading at Real Clear Politics

With punitive trade tariffs, the US risks unbalancing the global trade system that has brought prosperity to the whole world, writes the South China Morning Post in an editorial. It will open the door to a global trade war, which would be needlessly and economically damaging for all. Already, tariffs on Chinese steel and aluminum are harming the business of American companies that rely on these cheap imports. Dialogue is a much more preferential strategy. The latest set of tariffs also warded off a Chinese offer to buy $70 billion worth of agricultural and energy products from the US. Economic integration, not protectionism, is the way forward.

Keep on reading at South China Morning Post
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