US should consider tariff impact on its economy
By Ren Xiaojin and Jing Shuiyu | China Daily | Updated: 2018-08-28 07:31
The United States needs to take into full consideration the interests of its consumers and companies when deciding whether to follow through on its threat to impose tariffs on $200 billion worth of Chinese imports, experts said on Monday.
Their comments came as the world's two largest economies have been involved in a growing trade dispute over the past few months.
"US consumers will be severely hurt if US President Donald Trump's administration slaps tariffs on $200 billion worth of Chinese imports," Wu Baiyi, director of Institute of American Studies at the Chinese Academy of Social Sciences, said at a seminar in Beijing.
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