Tags: AS | China | US | Trade Dispute

China-US Tariff Spat: Mostly Losers, but Some Winners Too

China-US Tariff Spat: Mostly Losers, but Some Winners Too

Thursday, 05 April 2018 03:38 AM EDT

BEIJING (AP) — China's threat to raise tariffs on U.S. goods could be a disaster for American soybean farmers but a boon to their Brazilian and Argentine competitors, European aerospace companies and Japanese whiskey distillers.

Regulators picked products China can get elsewhere when they made a $50 billion list including soybeans and small aircraft targeted for possible retaliation in a spiraling technology dispute with Washington.

Economist Lu Feng at Peking University's School of National Development says that should help minimize China's losses in the event President Donald Trump goes ahead with a planned tariff hike and Beijing responds.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
China's threat to raise tariffs on U.S. goods could be a disaster for American soybean farmers but a boon to their Brazilian and Argentine competitors, European aerospace companies and Japanese whiskey distillers.Regulators picked products China can get elsewhere when they...
AS,China,US,Trade Dispute
97
2018-38-05
Thursday, 05 April 2018 03:38 AM
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