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The US President Donald Trump and his advisors have repeatedly said that they intended to get...

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General Management

The US President Donald Trump and his advisors haverepeatedly said that they intended to get rid of the US tradedeficit.

Question01: As ofApril 8th 2018, list the goods and the countries for which the UShas decided to create new tariffs. For these goods, what are theamounts currently imported by the US? (Words 250)

Question 02: List the US goods for which Chinahas decided to create new tariffs. For these goods, what are theamounts currently imported by China? (Words200)

Question 03: Assume that the new tariffs willdecrease both US exports to China and Chinese exports to the US by30% (only for the targeted goods). Building on your answer onquestions 1 to 4, what would be the impact of the new tariffs onthe US-China trade deficit? Support your answer with numbers(Words 200)

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