Who’s Playing the Game Better? China or The U.S?

Mary Lovely, professor of economics in the Maxwell School, was quoted in stories about tariffs and the trade war in several outlets including Sup China.

Lovely, expert in China’s trade and substantial development says, “China will win because it is playing this game more skillfully. The tariffs imposed by the United States will mostly be paid by American companies and consumers…about 60 percent of China’s exports to the United States are produced at factories owned by non-Chinese companies.” “China is retaliating with moves that soften the blow for companies in China, including those that are foreign-owned.” she adds.