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    Current page location: Home > Answers > How big are the stakes in the U.S.-China trade war? Who will be the biggest loser if a deal can't be reached?
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    Xu Guo
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    How big are the stakes in the U.S.-China trade war? Who will be the biggest loser if a deal can't be reached?

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    • Time:2018-11-28 15:42:12
    How big are the stakes in the U.S.-China trade war? Who will be the biggest loser if a deal can't be reached?
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    Mary Chang
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    The biggest losers now and in the future is/will be the American consumers.

    Ford Motor company has stated the tariffs have cost them in excess of $1 billion dollars so they are laying off or retiring 1000s of workers. GM is laying off 4000 workers. This is just the beginning of financial difficulties directly linked to Trumps failed tariffs folly.

    Americans enjoy the lowest cost of living in the world thanks to low labor/production costs of goods made in China.

    #1Floor 2018-11-28 17:30:52 Reply(0)
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