Trump's tariffs on China could cost the US in its fight against the coronavirus
United States tariffs on imported medical equipment, particularly from China, have added to the struggle in America's fight against the coronavirus outbreak.
The U.S. and China have been embroiled in an escalating tariff war since 2018. Across multiple rounds, tariffs were levied on essential medical supplies from China including medical protective clothing, personal protective equipment (PPE), CT systems and disposable medical headwear.
Meanwhile, the fast-spreading coronavirus disease has led to cases growing at a rapid pace throughout the world including the U.S., which is now the country with the highest number of reported cases and deaths. There are currently more than 555,000 reported cases, and over 22,000 deaths in the U.S., according to the latest data by Johns Hopkins University.
Compared to other countries with a "more flexible" approach toward importing PPEs, imposing tariffs has "further undermined U.S. preparedness and response to the outbreak," Yanzhong Huang, senior fellow for global health at the Council on Foreign Relations, told CNBC in an email.
https://www.msn.com/en-us/money/markets/trumps-tariffs-on-china-could-cost-the-us-in-its-fight-against-the-coronavirus/ar-BB12xcMn?li=BBnb7Kz
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