Why U.S. Retirees and Households Should Welcome Chinese Investment, Not a 45 Percent Tarrif

Donald Trump’s supposed 45 percent tariff on Chinese imports would punish American consumers, violate international trade rules, and ignite a trade war. However, given when a Chinese company pays top dollar to acquire a public U.S. company, shareholders generally receive cash in excess of the stock price, which goes right to the pockets of U.S. households and retirees.

Doug Bandow, Senior Fellow, Cato Institute via CHINA US Focus http://ift.tt/1XyR3Me