{"id":1998534,"date":"2023-08-12T04:08:01","date_gmt":"2023-08-12T08:08:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-actions-against-slowing-chinese-economy-could-harm-commerce-back-home\/"},"modified":"2023-08-12T04:09:52","modified_gmt":"2023-08-12T08:09:52","slug":"us-actions-against-slowing-chinese-economy-could-harm-commerce-back-home","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-actions-against-slowing-chinese-economy-could-harm-commerce-back-home\/","title":{"rendered":"US actions against China&#8217;s slowing economy may negatively impact domestic commerce."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-actions-against-slowing-chinese-economy-could-harm-commerce-back-home%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1998534&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Biden Administration&#8217;s Tariffs\u2064 and Tech Restrictions on China Could Impact the\u200b U.S. Economy<\/h2>\n<p>The Biden administration&#8217;s recent tariffs and new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-gop-proposal-would-allow-users-to-sue-social-media-platforms\/\" title=\"New GOP Proposal Would Allow Users to Sue Social Media Platforms\">tech restrictions<\/a> on China have the potential to cause blowback \u200dto the \u2063U.S. economy, especially as Beijing grapples with\u200b a serious slowdown. This situation has significant \u200cimplications beyond just Asia.<\/p>\n<h3>Inflation Complicates \u2063Biden&#8217;s Path Back to the White House<\/h3>\n<p>The slowdown in \u2063China will \u2064directly affect \u2062the U.S. economy, according to Scheherazade Rehman, a professor of international finance at George Washington University. Additionally, the tariffs imposed on China by the United States further squeeze its economy. Rehman warns that the combination of a slowing Chinese economy and tariffs will have negative consequences for the U.S.<\/p>\n<p>&#8220;There is nothing good\u2063 here with this\u2063 and China slowing down and doing this\u2062 on top of it, and keeping the Trump-era tariffs on top of that \u2014 all of\u200b this is not boding well for us,&#8221; she\u200c told the Washington \u200cExaminer.<\/p>\n<p>Furthermore, China is facing various economic challenges, including a contraction in manufacturing activity, decreased factory orders, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-actions-against-slowing-chinese-economy-could-harm-commerce-back-home\/\" title=\"US actions against China's slowing economy may negatively impact domestic commerce.\">lower domestic travel \u200cspending<\/a>, and an overall drag on consumption. The country is also experiencing a surge in youth unemployment and a property crisis.<\/p>\n<p>Rehman emphasizes that if\u200c Beijing does not \u200dmake\u2062 the right decisions, the Chinese economy\u2063 could stagnate for a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-knows-he-messed-up-on-fracking-at-debate-and-is-now-doing-damage-control-the-daily-wire\/\" title=\"Joe Biden Knows He Messed Up On Fracking At Debate And Is Now Doing Damage Control | The Daily Wire\">long time<\/a>, impacting not only the U.S. but the entire world.<\/p>\n<p>Biden has\u2063 continued the Trump administration&#8217;s approach of maintaining\u200b distance \u200cbetween Washington and Beijing. Recently, he signed an executive order to \u2064regulate and block high-tech U.S.-based investments flowing toward China. In response, China expressed &#8220;serious concerns&#8221; and stated that it reserves the right to take measures.<\/p>\n<p>The initial effects of the economic slowdown in China will be felt by U.S. farmers and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">energy producers<\/a>. China&#8217;s decreased demand for energy products will hit energy producers, potentially leading to\u2063 job losses. Additionally, as the largest importer and consumer of U.S. agricultural products, a decline in demand from China&#8217;s economy will \u200bnegatively impact the U.S. agricultural sector, resulting in lost jobs.<\/p>\n<p>If the slowdown worsens, more sectors of the U.S. economy will feel the effects. Supply chains will be disrupted, U.S. production in various\u2062 industries\u2062 will suffer, and eventually, U.S. \u2063consumers will end up spending \u2064more.<\/p>\n<p>Biden\u200b has directly\u2062 addressed China&#8217;s economic issues, referring to their situation as &#8220;a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nascar-driver-who-inspired-lets-go-brandon-says-now-extremely-difficult-to-get-sponsorships\/\" title=\"NASCAR Driver Who Inspired \u2018Let\u2019s Go Brandon\u2019 Says Now \u2018Extremely Difficult\u2019 To Get Sponsorships\">ticking time bomb<\/a>.&#8221; He expressed concern over\u2064 Beijing&#8217;s slowing growth and unemployment rate, stating that when bad folks have problems, they tend to do\u200d bad things.<\/p>\n<p>However, if the push toward decoupling with \u200bBeijing continues, it \u2062could directly impact\u2062 the U.S. economy and consumers.<\/p>\n<p>&#8220;This relationship is so symbiotic that \u2062anytime you try to squeeze your partner, it will\u2064 end up reverberating back on \u200byou,&#8221; Rehman \u2062said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration&#8217;s tariffs and tech restrictions on China may have repercussions on the U.S. economy. As Beijing faces a significant slowdown, consumer prices in China fell by 0.3% in July, indicating a sputtering economy and potential deflation.<\/p>\n","protected":false},"author":1,"featured_media":1998535,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1998534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1998534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1998534"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1998534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1998535"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1998534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1998534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1998534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}