angelcooper46
angelcooper46 angelcooper46
  • 16-08-2018
  • Social Studies
contestada

Are the 25% tariffs on China a good or bad thing? Why or why not? (Question of the week in Social Studies)

Respuesta :

creedtheghost creedtheghost
  • 16-08-2018

I'd consider extra tariffs a bad thing due to it creating an immediate unbalance in an economy. It can destabilize an economies influx of money if their exports get taxed more. China, being a huge trader with the US, creates trade tension as well which could stray into more political issues as they both heavily rely on each other.

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