Study Shows That Increasing China Tariffs Could Increase U.S. Jobs and Economy

Study Shows That Increasing China Tariffs Could Increase U.S. Jobs and Economy
An elderly man walks past a poster advertising the renminbi (RMB) currency (Chinese yuan) in Hong Kong on Aug. 18, 2011. Laurent Fievet/AFP/Getty Images
David Lam
David Lam
NTD News National Correspondent, Anchor
|Updated:

The Coalition for a Prosperous America (CPA) released updated study results in July showing that a permanent across-the-board 25 percent tariff (PATB-25) on all imports from China would stimulate GDP growth and jobs in the U.S. economy.

According to the study, the United States would see growth as manufacturing jobs would be redirected to the country, while the average cost of imports would decrease as trade opportunities opened up in other countries.

David Lam
David Lam
NTD News National Correspondent, Anchor
David Lam is a national correspondent based in California and a part-time anchor for "NTD Tonight." Before joining NTD he was a financial analyst.
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