mahadi mahmud

USA's Reciprocal Tax Policy with China

Understanding the USA's Reciprocal Tax Policy with China In the intricate world of international trade, the idea of reciprocal taxes between the United States and China has emerged as a topic of considerable debate. Specifically, this refers to a policy where the USA would impose tariffs on Chinese imports at rates that either match or are proportional to the tariffs China applies to US imports. This article delves into the concept, exploring its background, implications, potential benefits, and drawbacks, while providing a comprehensive overview of this trade strategy in short.