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来源:美股盘前:美联储暗示准备降息道指期货涨近1%  作者:   发表时间:2019-07-17 13:39:23

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

  Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.Prolonged trade tension takes toll on U.S., says British economist#标题分割#ProlongedtradetensiontakesitstollontheUnitedStatesandwillhurtmoreseverelyinthefuture,saidJohnRoss,formerdirectorofeconomicandbusinesspolicyofLondon."TheU.S.economyisstartingtoslowdownthisyearandevenmorein2020justforthebusinesscycle,underthosecircumstances,thetradewarhasmorenegativeeffectsbecausetheU.S.populationfeelitmore,"RosstoldXinhuainarecentinterview."ThetariffsaresimplyataxwhichispaidbyU.S.consumersandU.S.companies,"hesaid."Therearesomedifferencesinthecalculationonhowbigthatcostwillbe,butnoeconomistbelievesthetariffsarepaidbyChina.""Chinahaspublishedthewhitepaperwhichsetoutthebottomline.Itisexactlytherightwaytonegotiate--itdoesn'tmakeexaggeratedclaimslikewhattheU.S.hasclaimed,itdoesn'tsaythisisbeneficialtoChina'seconomy,"hesaid."AccordingtoOxfordEconomics,ifthetariffswereextendedtoallChineseexportsintotheUnitedStates,(it)wouldcosttheaverageAmericanfamilyabout850(U.S.)dollarsayear.Inalettersignedbymorethan600leadingAmericancompanies,thefigureuptomorethan2,000dollars,"saidtheeconomist.BesidestheU.S.consumers,RossnotedthattheU.S.capitalmarketalsosufferedalot."TheAmericanmarketbecomesmorehugelysensitive,youcanlosegiganticsumsofmoneybytheseevents,"hesaid."It'salsohavingahugeeffectonU.S.farmers.They'rethepeoplewhoaregettingworse,"saidRoss,addingthatthesearethereasonswhytheU.S.government'sopinionpollingis"verybadatthemoment."TheU.S.governmentwasundertheimpressionthatthetradetensionwouldnotlastlongandcausethempain,saidRoss."TheythoughtiftheymadeabignoiseandthreatenedChinawithallsortsofthingsthenChinawouldgiveinandgivethemwhattheywant."AsaseniorfellowoftheChongyangInstituteforfinancialstudies,RosshasstudiedChina'seconomyformanyyears.HebelievedeventhoughthetradetensioncouldalsodenttheeconomicgrowthofChina,itisnotgoingtocause"anyuncontrollableproblems."AccordingtotheIMF'seconomicprospects,hesaid,"undertheworstscenario,China'seconomyisgrowingmorethantwiceasfastastheU.S.inthisyear,andevencouldreachthreetimesin2020."RossalsowarnedthattheU.S.tradeprotectionismis"adangertoeverybody.""ThereisnocountrywhichhasfollowedthesamepathastheUnitedStatestoinitiateintariffs,"hesaid."Furthermore,countrieswhichdelayedforvarioustacticalreasonshavealreadyrespondedtoU.S.tariffs.Forexample,thelatestoneisIndiaimposedretaliatorytariffsagainsttheU.S.,"saidtheeconomist."EvenintheU.S.,althoughthereisagreatdealabouttariffs,thetrendofexportsandimportsasapercentageoftheU.S.economyisstillfundamentallyupwards,"hesaid,notingthatimposingtariffscannotbealongstrategyfortheUnitedStatesitself.

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