Question

You will typically write a 500-word (+ 50 words). One argument in the debate surrounding globalization as you have learned in units 1 and 2 materials: Chapter 1 of the textbook is about the inequality between developed and developing nations. Do you think the recent increase in barriers (like more tariffs imposed by the USA on imports from China) to trade is a help or a hindrance to reducing inequality? Why?

Please take care of the word limit and answers should not be plagiarized

Answer 1

Yes I think Recent increases in Tariff by USA President Donald Trump for importing products of China Create Barriers and it Increase inequality between USA and China.

Why?

USA president Trump Threatened to impose 36% tariff on China import Product which Generate $522 billion Tariff, and Then trade war Start from 2018,

But Because of that USA face huge loss compare to China., and it Cause of Barriers by US Increasing inequality between USA and China.

USA need China instead of China, for Importing and Exporting.

In 1980 China lost Technology war cause they are behind from USA In Technology and want to technology from USA, Now

But situation is changed China is also developed their own technologies and it Is Always Updated as USA.,

Also China have strong vendors in India, Latin American, and Africa.

That why USA can't ignore them, or do not think China is behind in Development and Economy.,

In 2015 China brought 131.2 million iPhones, and US customers brought one 103 million iPhones, so in 2015 China import huge iPhones from US and U.S customers brought less iPhones compared to China,

But in 2019 after China only import 2.5 million IPhone and go for Samsung, cause of Trade war, so here simply Cause of Trump Tariff or trade war U.S face loss, and start Cause Barriers by US Increasing inequality between USA and China. Another imposing tariff by trump impact is,

China decide to buy 6810 Airplane from USA, about $1Trillion, But cause of Trade war China Cancel this Contract and Brought it form Europe Market, So China will not face more impact, from trade war compared to USA, it all happened cause of trump tariff imposed on china import.

For opposite that China stop organization of USA which exist in China, also Terminate all employee of USA Cause of Barriers by U.S like increase Tariff on their import china also take action against use. It create inequality in china and usa.

Another Impact of Tariff by Trump on China import, USA companies face loss such as Wal-Mart big industries Import Chinese goods and product from China in Cheaper rate and sell in High rate in USA, also most of US companies Import raw material from china for making high cost products and machinery but it also stopped.

Also China Foreign currency reserve now stand at more than $3.5 Trillion, and US foreign Exchange Reserve that is around $123; Billion But due cause of Tariff by Trump Would automatically trigger penalties against the USA in the World Trade organisation, and it increase Export rate of USA.

And it hugely impact on USA, and it create or start Cause Barriers by US Increasing inequality between between Developed and Developing countries. USA and China.

So don’t things increase in barriers (like more tariffs imposed by the USA on imports from China) to trade is a help to China or USA, it definitely loss for both but more to USA As I mentioned.

Also Chinese Manufacture and Samsung is happy to compete to USA iPhone cause Samsung is only brand who compete to iPhone if due to Trump Trade war, more 132 Billion iPhone users diverted to Samsung Brand and Also USA have face huge loss. Which Cause Barriers by US Increasing inequality between USA and China.

Also more than 20% Chinese customer who Brought BMW cars if but due to Trump tariffs imposed by the USA on imports from China/Trade war Chinese go for their Own Brand "Lexus", Cause Barriers by US Increasing inequality between USA and China.  And USA faced Huge loss.