Category: Tariffs

China’s Tariffs on U.S. Autos Backfired, Study Finds
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China’s Tariffs on U.S. Autos Backfired, Study Finds

China‚Äôs retaliatory trade tariffs have targeted U.S. automakers but Chinese consumer responded by purchasing more cars imported from the U.S., a recent economics study found. When the U.S. began raising tariffs on Chinese-made goods in 2018, China responded by raising tariffs on cars and parts imported from the U.S. The results, however, were not what…

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