Read the case study “US vs China Tariffs and Trade War” and answer the following questions:

1- What is the stated purpose of US tariffs on Chinese goods by the US? Will US tariffs be effective for the US in achieving its stated purpose?

2- Will Chinese tariffs on US goods by China be effective against the US? Why is China assessing US goods with tariffs?

3- Who has the most to lose and to gain in a tariff war? China or US and why?

4- (A) What specific Chinese goods have been subject to US tariffs by the US as of March 6, 2019?

(B) What specific US goods have been subject to Chinese tariffs by China as of March 6, 2019? NOTE- You will have to do some research on questions 4A and 4B to answer this question completely.

5- How and when, in your opinion, will the US vs China trade dispute be resolved?

6- Point and Counter Point: Are tariff generally a good way to adjust and correct trade issues? Why and why not?

Answer rating: 100% (QA)

Question 1 What is the stated purpose ... View the full answer