By estimates of the American administration, collecting in 10% will cost China 200 billion dollars a year. Beijing has answered with similar measures. Experts agree in opinion that this opposition will last years and will influence all world economy of the Photo: Brian Snyder/Reuetrs Trade war of the USA against China has begun. On Monday, September 24, the decision on introduction by the United States of new import duties for goods from the People's Republic of China has come into force. By estimates of administration of Trump, 10 percent collecting will cost China approximately 200 billion dollars a year. Beijing has answered with similar measures, and they have come into force too today. Since September 24 the People's Republic of China more than five thousand American goods of 60 billion dollars raise taxes on import. How will trade war with the USA affect the Chinese economy? Sergey Sanakoyev the president of the Russian-Chinese analytical center "Yes, damage, of course, will be caused. Any sanctions, any tariffs which are declared by Americans, they, of course, directly strike economy of China, jobs which are directed to export. And, respectively, the damage, certainly, is. But Chinese don't intend to concede because of these sanctions, and an alignment of forces today any more not such that the predominant force who, in general, behaves absolutely inadequately on the world scene could dictate the terms. As a result Americans can lose in this trade war". To whom will trade war cause a bigger loss? Professor of GU HSE, the leading researcher of Institute of world economy and the international relations of RAS Alexey Portanskiy:aleksey Portansky professor of GU HSE speaks, the leading researcher of Institute of world economy and the international relations of RAS "As has told the most famous businessman Chinese Jack Ma, this trade war for about twenty years recently. But it is possible to agree with him or not, but, really, this trade war between the USA and China, probably, will drag on for a long time. Can not on twenty, can on ten or on five, but, in general, the end isn't visible to her yet. On an early autumn they have mutually imposed each other taxes on 100 billion dollars. Now this sum will increase, probably, up to 200 billion dollars. But meanwhile it is yet not all trade exchange between these states. Trump considers that the USA from it will be benefited, but it is especially his personal approach. His point of view is shared any more by nobody in the world. How he can win here, unclear. But other question that now is already told more and more, and I absolutely support such point of view that Trump's purpose is not reduction of trade deficiency with China actually, it is rather propaganda purpose, the cover purpose. And the real purpose is to prevent by all methods to China on his way to technological superiority. This specific understanding Trump of greatness of America. Obama and all other presidents understood differently greatness of America, and here Trump understands thus. Protectionism in the long term because of the American administration will accrue, and it will be negatively affect also world trade in general". Beijing п
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