Guerra comercial en curso infographic
El gráfico muestra aranceles por categorías y el costo para los importadores de EUA.
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La guerra comercial perdida de Trump

By Duncan Mil

October 8, 2019 - El presidente Trump impuso en 2018 aranceles a las importaciones chinas buscando reducir el déficit comercial de EUA. El mismo año, las exportaciones chinas a EUA se elevaron $34.500m, mientras que las exportaciones de EUA a China descendieron $9.700m.

The president’s tariffs under Section 232 and Section 301 threaten nearly $550 billion of goods imported from China.

Under Section 232, the president can impose trade barriers if the Department of Commerce finds that imports threaten national security. Section 301 enables tariffs or quotas when the United States Trade Representative finds “unfair trade practices.”

Section 232 hit steel with a 25 per cent levy and aluminium with 10 per cent. Three lists later, under section 301, Trump has raised tariffs to 25 per cent on $250bn of Chinese imports.

Now the latest Lists 4A and 4B start at 15 per cent, along with a threat to raise Lists 1 through 3 to 30 per cent. Altogether, Trump’s six tranches of tariffs could increase import and consumer costs by over $100bn annually.

In addition to raising costs for American consumers, Trump’s self-lauded negotiating tactics have also resulted in retaliation by other countries against U.S. exports. Five nations -- China, India, Turkey, Russia and the EU -- have levied retaliatory tariffs on more than $104bn of U.S. exports.

The numbers suggest that Washington is not winning this trade war. The tariffs have coincided with an increase of U.S. imports from China by nearly seven per cent in 2018 to $539.7bn and have failed to reduce the trade deficit that Trump loathes.

Sources
PUBLISHED: 09/10/2019; STORY: Graphic News
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