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Economy & Finance

Trade War: China's Retaliatory Tariffs

Targeting American exports strategically

20189 min read

China's retaliatory tariffs during the trade war were carefully designed to maximize political impact on the US while minimizing harm to China's own economy.

Strategic Targeting

Agricultural products, especially soybeans, were targeted to hit Trump-voting farm states. Aircraft orders were delayed to pressure Boeing. The retaliation was political warfare by economic means.

Originally published by MacroPolo, Paulson Institute