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(Opinion) Border tax self-defeating dilemma for US

2017-02-19 09:05:55       source:China Daily

February 18, 2017


"The recent proposal of US House Republicans to impose a controversial border tax on imports will not only deal a blow to global trade rules and hurt the interests of the United States' trading partners, but also cost American consumers dearly and diminish Washington's global influence.


Although there are some good intentions behind the bill, such as raising the competitiveness of US products and fostering favorable conditions for the domestic manufacturing industry, it cannot meet the goal without paying a very high price."


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http://www.chinadaily.com.cn/opinion/2017-02/18/content_28250687.htm


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