In a little known fact, Beijing has over the past year lowered duties on goods from countries that compete with America, the think tank said in a recent report. The research showed that:
- China's average tariff rate on U.S. goods jumped from 8% at the start of 2018 to 20.7% this month.
- China's average tariff rate on its imports from all other countries fell from 8% at the start of 2018 to 6.7% last November. It has stayed at that level since then.
But in fact, by lowering duties with other trading partners, Beijing has put American firms at a "considerable" disadvantage at a time when U.S. President Donald Trump has repeatedly used tariffs as a way to negotiate with other countries, PIIE said.













Comment: More from RT: Tariffs are sanctions by another name meant to hobble states - Putin See also: Markets turn optimistic: Trump to meet with President Xi at the G-20 summit