Tariff Barriers Cannot Solve Productivity Problems

©iStock/Midnight Studio

Chinese experts on Tuesday [8/25/26] urged the US to recognize the basic economic reality that tariff barriers cannot solve its productivity problems and to allow US companies to share in the opportunities created by China's manufacturing development. 

They said the US' sizable trade deficits with multiple major trading partners should prompt Washington to recognize that the problem lies at home, rather than continue hyping the so-called issue of Chinese "overcapacity."