Business > CASE STUDY > Econ_week_6_.docx ECO 535 U.S. Trade and Tariff Policies University of Phoenix ECO/535 (All)

Econ_week_6_.docx ECO 535 U.S. Trade and Tariff Policies University of Phoenix ECO/535

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Econ_week_6_.docx ECO 535 U.S. Trade and Tariff Policies University of Phoenix ECO/535 The US trade policicy trade changes in the last few years, with an emphasis on the US-China tariff war had a... immense impact on multinational enterprises. As you can see from the timeline below tariff activities with China have played an important role. Many US companies that operate in China have been forced to move production to other countriess, or close down their facilites, as they are no longer competitive in the US market due to tariffs. Europe is also feeling the effects of the Chinese trade friction as it relates to technological content. Below shows a timeline of events over the past 2 years accouding to Tax Foundation. Timeline of Activity 43875 U.S. reduces tariffs on $120 billion of Chinese goods by half to 7.5% and China reduces tariffs on approximately $75 billion of US goods in half to 2.5% and 5%. 43815 U.S. postpones indefinitely the scheduled tariff of 15% on $160 billion worth of goods from China and announces plans to decrease the 15% tariff on $120 billion worth of goods from China to 7.5% (date unknown, will be included in the model when the decrease takes effect). China took corresponding measures and canceled their schedule tariff increase. 43753 U.S. postpones scheduled tariff hike from 25% to 30% on $250 billion worth of goods from China. 43720 U.S. delays tariff increase from 25% to 30% on $250 billion worth of Chinese goods from Oct. 1 until Oct. 15. 43703 U.S. an. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]

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