Impact of Trump’s Upcoming China Tariffs Will Depend on Currency Reaction

Beijing must brace for it: Trump will almost surely raise U.S. tariffs on Chinese imports.
Impact of Trump’s Upcoming China Tariffs Will Depend on Currency Reaction
A Chinese bank worker prepares to count U.S. dollar bills and a stack of 100 yuan notes at a bank in Hefei, Anhui Province, China, in a file photo. STR/AFP via Getty Images
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Commentary

Donald Trump will become president of the United States in January, and the tariffs he promised to put on Chinese imports will almost certainly follow soon thereafter. They will hit China’s already beleaguered economy hard.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."