When China got into the WTO, that allowed it to sell into any other country within the WTO - not just the United States - at the lowest tariffs that country offered. And the other countries could sell into China at the lowest tariffs that China offered. The problem, right off the bat, was that China had much higher tariffs than everywhere else, so the U.S. and Europe in particular got the short end of that stick. /country/ Peter Navarro quotes
Treatment of worms means surgery for the doctor, war for worms, and health for the person himself! [07/18/2022 12:07:08]
More
Women are a successful devaluation of your time: you change five minutes of pleasure a month for all your free time from work. [08/07/2022 09:08:33]
More
As a weapon, the Germans used gas, and the Russians used its absence. [07/29/2022 06:07:13]
More
The Russians have only two allies: the air conditioner and the heater. [07/28/2022 10:07:25]
More
Obliged and compelled - most often synonyms. [07/22/2022 08:07:26]
More