{"id":476,"date":"2018-08-05T19:56:49","date_gmt":"2018-08-05T16:26:49","guid":{"rendered":"http:\/\/www.icdst.org\/blog\/?p=476"},"modified":"2018-08-05T20:51:41","modified_gmt":"2018-08-05T17:21:41","slug":"how-trade-war-is-hurting-china","status":"publish","type":"post","link":"https:\/\/icdst.org\/blog\/index.php\/2018\/08\/05\/how-trade-war-is-hurting-china\/","title":{"rendered":"How trade war is hurting China?"},"content":{"rendered":"<blockquote><p>US President on Saturday defended his strategy to increase <a href=\"http:\/\/www.icdst.org\/blog\/index.php\/2018\/07\/31\/real-pressure-is-hitting-us-in-trade-war-with-china\/\">tariffs<\/a> on $ 200 billion of imports from China, arguing that these procedures &#8220;work much better than anyone had expected.&#8221; This is done after some <a href=\"http:\/\/www.icdst.org\/blog\/index.php\/2018\/07\/07\/china-plans-might-not-fit-us-in-trade-war-here-is-the-story\/\">responses<\/a> from China and <a href=\"http:\/\/www.icdst.org\/blog\/index.php\/2018\/07\/26\/u-s-eu-zero-tariff-alliance-means-kill-china-first\/\">US\/EU zero tariff alliance<\/a>.<\/p><\/blockquote>\n<p>&#8220;Customs duties have a huge positive impact on our steel industry,&#8221; he declared in a tweet. &#8220;Plants open in all the United States, steelmakers work again and huge sums enter the coffers of the country&#8221;.<\/p>\n<p>&#8220;The tariffs will make our country even richer than it is today, only fools would disagree,&#8221; the US president added in another message.<\/p>\n<p>According to him, &#8220;for the first time&#8221;, China is not in the best position against the United States.<\/p>\n<p>Donald Trump broadcasted this week the rise from 10% to 235% customs duties on 200 billion imports from China!<\/p>\n<p>Beijing has said it is ready to impose 5% to 25% surcharges on 5,207 sorts of US products, worth $ 60 billion which seems a weak response according to some experts.<\/p>\n<p>The United States and China, interdependent financially and economically, have embarked on a trade war that could affect their development and affect consumers in both countries.<\/p>\n<p>&nbsp;<\/p>\n<p>#China, #US, #Trump, #TradeWar<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President on Saturday defended his strategy to increase tariffs on $ 200 billion of imports from China, arguing that these procedures &#8220;work much better than anyone had expected.&#8221; This &hellip; <\/p>\n","protected":false},"author":1,"featured_media":477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/posts\/476"}],"collection":[{"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=476"}],"version-history":[{"count":0,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/posts\/476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/media\/477"}],"wp:attachment":[{"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icdst.org\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}