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CNN TODAY
US-China Tariffs, Trade War Robert Lawrence Kuhn, August 2, 2018
Host: To talk about the potential impact [of tariffs].... Robert Lawrence Kuhn is a long-time advisor to China’s leaders and the Chinese government. He is also the author of How China’s Leaders Think. You are the perfect person to have on to get China’s perspective. Thank you so much for joining us.
RLK: A Pleasure.
Host: So Trump is obviously hoping for some kind of trade deal, but is this going to work? Tariffs to get Chinese officials to the table?
U.S. THREATENS 25% TARIFFS ON $200B OF CHINESE GOODS ON
RLK: Certainly from China’s point of view, they were very happy with the status quo before this occurred. They blame the U.S. for starting a trade war. They think the U.S. will suffer and, indeed in a trade war, everybody suffers. There are some serious problems, though, that American experts, American government [policies], reflect. Very few people in the U.S. actually support the tariffs themselves. There will be higher prices for consumers. There will be more people affected — [there are] more industries that use steel than produce steel.
Via Skype Los Angeles 4:32 PM
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