Mar 14, 2018 · Economic consensus holds that the main culprit in the declining worldwide prices of steel and aluminum are runaway capacity, particularly in China. We note that the Presidents new tariffs will have relatively small impact on China, which supplies only 5 percent of steel and 10 percent of aluminum imported into the United States according to A Growing Threat from ChinaNov 18, 2020 · It has been clear for some time that the Peoples Republic of China (PRC) seeks to displace the United States as the leading power within the global order. China has sought to do so in a number of mutually reinforcing ways by employing all available tools, from military means to trade and technology.In the area of trade, the PRC has exploited the openness of the liberal global system.
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