无码少妇一区二区三区免费,妓院一钑片免看黄大片,国语自产视频在线,亚洲AV成人无码国产一区二区,激情久久综合精品久久人妻,日韩免费毛片,综合成人亚洲网友偷自拍,国内自拍视频在线观看,欧美熟妇性xxxx交潮喷,国产成人精品一区二免费网站

 
Economists warn long-term unintended costs of tariffs to U.S.
                 Source: Xinhua | 2018-10-03 21:46:38 | Editor: mmm

File Photo: Photo taken on July 19, 2016 shows the construction site of the rehabilitating project of Gerritsen Inlet Bridge carried out by China Construction America in New York, the United States. (Xinhua/China Construction America)

NEW YORK, Oct. 2 (Xinhua) -- The U.S. administration's tariffs and the resulting retaliation have inflicted suffering upon thousands of American farmers, workers, companies and consumers, and this is far from over, U.S. economists said.

The trade row, escalated to an additional tariff on 200 billion U.S. dollars worth of Chinese goods in September, is fraught with long-term, strategic "unintended consequences" to the U.S. economy, they have warned.

As the tariffs begin to make China look more expensive, some companies are scrambling to rethink their supply chains for a cheaper place to put their factories.

Yet companies adjusting their sourcing is not easy as "supply chains are built by companies with great care and substantial analysis," said Prof. Robert Sicina, executive in residence of Kogod School of Business at the Washington-based American University.

"To disrupt them is to negatively impact the confidence firms have in the U.S. having a consistent policy," Sicina told Xinhua in an interview.

"Without consistency, firms will move their supply chains away from the U.S., not towards it. This is just one example of the unintended consequences of President (Donald) Trump's actions," said Sicina, who has 30 years of experience in senior executive positions at big banks and various entrepreneurial endeavors.

"The supply chain is always going to move to where the economics are best," he said, adding that "the economics are overwhelmingly in favor of China."

Another major, long-term unintended consequence, Sicina said, is that "foreign investment in the U.S. will also be disrupted because of the tariffs."

When investment flows into the United States, foreign investors have to consider its trade policies, as extra tariffs will impact investors' ability to import raw materials and export their products, Sicina explained.

"Trump's trade war is to curb foreign investment in the future, because they're going to lack confidence that the U.S. will play by the rules, because it's now breaking the rules of fair trade in expectation of cutting a better deal with China," he said.

According to data from the U.S. Bureau of Economic Analysis released in July, net foreign direct investment dropped to 51.3 billion dollars in the first quarter, a 37 percent fall from the same quarter in 2017 and a 65 percent decline from the first quarter of 2016.

The falloff in foreign investment "is a result of a general decline in the United States' attractiveness as a place to make long-term business commitments," Adam Posen, president of Peterson Institute for International Economics, argued in an article in the July 23 issue of Foreign Affairs magazine.

"This year, net inward investment into the United States by multinational corporations -- both foreign and American -- has fallen almost to zero, an early indicator of the damage being done by the Trump administration's trade conflicts and its arbitrary bullying of companies and governments," he wrote in the article "How Trump is Repelling Foreign Investment."

This shift of corporate investment away from the United States will weaken long-term U.S. income growth, reduce the number of well-paid jobs available, and exacerbate the ongoing shift of global commerce away from United States, he said.

Back to Top Close
Xinhuanet

Economists warn long-term unintended costs of tariffs to U.S.

Source: Xinhua 2018-10-03 21:46:38

File Photo: Photo taken on July 19, 2016 shows the construction site of the rehabilitating project of Gerritsen Inlet Bridge carried out by China Construction America in New York, the United States. (Xinhua/China Construction America)

NEW YORK, Oct. 2 (Xinhua) -- The U.S. administration's tariffs and the resulting retaliation have inflicted suffering upon thousands of American farmers, workers, companies and consumers, and this is far from over, U.S. economists said.

The trade row, escalated to an additional tariff on 200 billion U.S. dollars worth of Chinese goods in September, is fraught with long-term, strategic "unintended consequences" to the U.S. economy, they have warned.

As the tariffs begin to make China look more expensive, some companies are scrambling to rethink their supply chains for a cheaper place to put their factories.

Yet companies adjusting their sourcing is not easy as "supply chains are built by companies with great care and substantial analysis," said Prof. Robert Sicina, executive in residence of Kogod School of Business at the Washington-based American University.

"To disrupt them is to negatively impact the confidence firms have in the U.S. having a consistent policy," Sicina told Xinhua in an interview.

"Without consistency, firms will move their supply chains away from the U.S., not towards it. This is just one example of the unintended consequences of President (Donald) Trump's actions," said Sicina, who has 30 years of experience in senior executive positions at big banks and various entrepreneurial endeavors.

"The supply chain is always going to move to where the economics are best," he said, adding that "the economics are overwhelmingly in favor of China."

Another major, long-term unintended consequence, Sicina said, is that "foreign investment in the U.S. will also be disrupted because of the tariffs."

When investment flows into the United States, foreign investors have to consider its trade policies, as extra tariffs will impact investors' ability to import raw materials and export their products, Sicina explained.

"Trump's trade war is to curb foreign investment in the future, because they're going to lack confidence that the U.S. will play by the rules, because it's now breaking the rules of fair trade in expectation of cutting a better deal with China," he said.

According to data from the U.S. Bureau of Economic Analysis released in July, net foreign direct investment dropped to 51.3 billion dollars in the first quarter, a 37 percent fall from the same quarter in 2017 and a 65 percent decline from the first quarter of 2016.

The falloff in foreign investment "is a result of a general decline in the United States' attractiveness as a place to make long-term business commitments," Adam Posen, president of Peterson Institute for International Economics, argued in an article in the July 23 issue of Foreign Affairs magazine.

"This year, net inward investment into the United States by multinational corporations -- both foreign and American -- has fallen almost to zero, an early indicator of the damage being done by the Trump administration's trade conflicts and its arbitrary bullying of companies and governments," he wrote in the article "How Trump is Repelling Foreign Investment."

This shift of corporate investment away from the United States will weaken long-term U.S. income growth, reduce the number of well-paid jobs available, and exacerbate the ongoing shift of global commerce away from United States, he said.

010020070750000000000000011100001375098671
国产精品成| 少妇高潮尖叫黑人激情在线| 亚洲 欧美 中文 AⅤ在线视频 | 成全影视大全在线观看| 国产精品深夜福利免费观看| 亚洲码国产精品高潮在线| 亚洲 欧美 唯美 国产 伦 综合| 国产粉嫩系列一区二区三| 曰韩a∨无码一区二区三区| 伊在人天堂亚洲香蕉精品区 | 熟女性饥渴一区二区三区| 人人妻人人做人人爽| 中国女人熟毛茸茸A毛片| 欧美一级99在线观看国产| 久热这里只精品视频99| 国产AV巨作丝袜秘书| 一区二区三区av天堂| 亚洲AV狠狠爱一区二区三区| 亚洲中文字幕日产无码| 精品久久久久久中文墓无码 | 欧美一区二区三区成人久久片| 免费人成在线观看网站| 侵犯强奷高清无码| 午夜三级理论在线观看无| 亚洲精品另类| 亚洲av无码牛牛影视在线二区 | 日韩国产高清一区二区| 蜜桃一区二区三区自拍视频| 99久久久无码国产精品试看| 国产免费无码av片在线观看不卡 | 亚洲永久一区二区三区在线| 岛国av黄片在线播放| 99爱视频精品免视看| 中文字幕亚洲综久久2021| 人妻丰满熟AV无码区HD| 99国产精品国产高清一区二区| 最新亚洲av日韩av二区| 久久成人免费| 午夜综合网| 国内精品视频在线观看九九| 亚洲精品乱码久久久久久麻豆不卡 |