He said he’d get tough on China and make sure America was getting the better end of any trade deal – and President Trump seems bound and determined, despite the critics and advice from his own cabinet, that massive tariffs and a trade war with China is a good thing for America.
Last week Trump more than doubled tariffs on $200 billion in Chinese goods. China reacted with tariffs on American agricultural and other products. The response, Trump is now looking at approximately $300 billion in import levies on more Chinese goods.
As far as trade wars go, this one could be epic in its scale and economic proportions.
- But who will blink first, who will win and ultimately – who is paying the costs and taking on the burden of all the financial collateral damage at the end of the day?
- Is this a matter of short-term pain for long-term gain for America’s economy?
- Or is this political posturing that will at the end of the day hurt the country’s bottom line?
There are a lot of questions to be asked and that’s where two of the experts from Cedarville can help.
Dr. Glen Deurr's research interests include nationalism and secessionism, comparative politics, and international relations theory.
Jeff Haymond, Ph.D. is Dean, School of Business Administration at Cedarville ad is an expert in finance and trade.
Glen and are both available to speak to media regarding the current trade war with China – simply click on either expert’s icon to arrange an interview.
Glen Duerr, Ph.D. Associate Professor of International Studies
Dr. Deurr's research interests include nationalism and secession, comparative politics, and international relations theory
Jeff Haymond, Ph.D. Dean, School of Business Administration/Associate Professor
Research interests include economics and religion, as well as monetary theory