三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-US

Tariff no-no's explained on T-shirts

By Dong Leshuo in Washington | China Daily USA | Updated: 2018-08-10 22:30
Share
Share - WeChat

Scott Lincicome, an international trade attorney from Texas, is using T-shirts to educate the public about the tariffs.

Lincicome, an adjunct scholar at the Cato Institute in Washington, said that he was inspired by a picture of a woman wearing a pro-tariffs T-shirt on Twitter. So he decided to make his own, according to a recent interview with Politico.

The T-shirt he saw on Twitter said something like "Tariffs are great!"

Lincicome twitted a picture showing a woman wearing a red T-shirt with "Tariffs Hikes Will Be Great" on it in March.

Lincicome's is a bit wordier: "Tariffs Not Only Impose Immense Economic Costs But Also Fail To Achieve Their Primary Policy Aims And Foster Political Dysfunction Along The Way".

"It's time we fought back," Lincicome tweeted when his T-shirts were first released in March.

To clarify how tariffs make the US worse off, he later designed a two-sided version of his shirt with an x-y axis graph on the back that explains a fundamental economic principal:

Tariffs harm social welfare because consumer surplus decreases for raised price more than what some producers and the government gain from tariffs, which creates "dead weight loss".

One and a half months after the release, he tweeted that "over 700 originals sold". The T-shirts sell for $16.99 to $22.49 on Amazon, and the page says any profits (around $3 each) go to FEE.org, a non-profit promoting economics education.

A photo of Republican Senator Orrin Hatch of Utah, one of the first buyers, holding a shirt appeared on CBN News in April.

Another customer, teacher Rob Szarka, left a review on Amazon: "It's too early to report on whether wearing it in class has improved my students' understanding of chapter 9 of Mankiw's Principles of Economics, but I believe the bright red color I ordered did help them stay awake at 8 a.m. today."

In the interview with Politico, Lincicome said he created the shirt to memorialize a trade policy dilemma.

"The protection side has a three-word issue: 'Trade kills jobs'; whereas the other side comes back and says: Actually the composition of jobs changes and we get better jobs, and by that point the audience is falling asleep," he told Politico.

He also pointed out that the T-shirts aren't made in China, but are still made overseas, because he would like the US to focus on jobs with higher value rather than the textile industry.

"We trade guys hate to use the term trade war but I think that at this stage we're still in trade dispute or trade skirmish; we will shift into trade war I think if this big tranche — this $200 billion — ends up getting implemented, " said Lincicome, who turned down an interview request from China Daily through the Cato Institute.

On Tuesday evening, the Trump administration confirmed that an additional 25 percent tariffs on $16 billion Chinese imports will be implemented on Aug 23, hitting $50 billion in total.

In response, China quickly announced it would put the same amount of tariffs on $16 billion in US products including auto and energy products.

Early this month, the Trump Administration said the tariff rate on another $200 billion in Chinese imports may rise to 25 percent from the 10 percent that was initially planned. A public hearing will be held from Aug 20 to 23 in Washington.

Ying Wang in Washington Contributed to the story.

Contact the writer at leshuodong@chinadailyusa.com

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 综合激情区视频一区视频二区 | 日韩一级一片 | 亚洲加勒比久久88色综合1 | 玖玖色视频 | 欧美成人做性视频在线播放 | 国产1区2区3区 | 亚洲午夜在线 | 欧美精品亚洲精品 | 亚洲第一页在线 | 亚洲国产精品欧美日韩一区二区 | 亚洲成人在线观看视频 | 日韩三区 | 91在线入口 | 欧美一级毛片做受 | 4444在线观看片 | 日本亚洲精品无码专区 | 国内精品久久久久影院老司 | 丝袜亚洲精品中文字幕一区 | 亚洲狠狠网站色噜噜 | 高清中文字幕 | 国产精品欧美一区喷水 | 精品一区二区三区四区乱码90 | 亚洲综合第一页 | 日本在线精品视频 | 国产美女白丝袜精品_a不卡 | 黄色一级片免费网站 | 黄色一级毛片 | 亚洲黄色片 | 欧美金妇欧美乱妇视频 | 久久天堂成人影院 | 国产精品久久福利网站 | 欧美日韩亚洲色图 | 黑人性生活视频 | 182午夜在线观看 | 中国国产一级毛片 | 亚洲欧美日韩中文字幕一区二区三区 | 美国三级在线 | 2022国产精品自拍 | 免费看国产精品麻豆 | 91爱啪啪| 欧美精品久久久久久久久大尺度 |