China Has Postponed Increasing Tariffs On The U.S.

ESSAY NameCourse InstructorDate Pick recent news, blog or magazine article of your interest and explain why you choose the article In the article by Deng, Craymer and Zumbrun (2013) there were reports that China had postponed increasing tariffs on U.S. soybeans, pork and other agricultural products. There has been ongoing trade war between the U.S. and China and ongoing negotiations to address the contentious issues. The topic is interesting since international trade, strategic interests and political support at home have influenced economic and political decisions. There are various lobbyists and representatives for different parties trying to influence favorable trade positions. Imposing tariffs on Chinese products is often supported to protect American jobs, but this also distorts free trade. * Which groups would be happy with the US easing tariffs on China? * Which groups would likely oppose the US easing tariffs on China and why? * What is the economic impact of tariffs? The dataset is data on s...