News

Economy & Business

Study: Chinese Investment in U.S. Has Fallen 88 Percent Since Trump Took Office

President Donald Trump answers questions on the South Lawn of the White House in Washington, D.C., July 15, 2019. (Leah Millis/Reuters)

Chinese investment in the U.S. has plummeted 88 percent since President Trump took office, from its record level of $46.5 billion in 2016 to just $5.4 billion last year, according to the Rhodium Group, an economic-research firm.

Among other factors, Trump’s heavy tariffs on Chinese imports have contributed to the massive drop. The White House raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent in May, after accusing Beijing of reneging on the previously-agreed terms of a trade deal. The U.S. also currently has a 25 percent tariff on $50 billion worth of Chinese high-tech products.

China, in response, has slapped tariffs of up to 25 percent on $60 billion worth of U.S. products.

Besides the Trump administration’s tariffs, slowing economic growth and the Chinese government’s capital controls on foreign investments have factored into declining investment in America. Over $12 billion worth of Chinese-owned overseas assets were listed for sale last year due to such capital controls, which are intended to prevent money from leaving the country’s economy.

China hinted over the weekend at restarting trade negotiations with U.S. officials after talks collapsed earlier this year. Chinese companies have reportedly inquired about purchasing agricultural products from U.S. exporters in a positive sign for the future of the talks.

Most Popular

Film & TV

Knives Out Takes On the Anti-Immigration Crowd

Since the beginning of the Obama era, the Left has broadcast two contradictory messages on the subjects of race and immigration. The first is that a so-called Coalition of the Ascendant will inevitably displace white Americans as the dominant force in the country’s politics and culture. The second is that ... Read More
Film & TV

Knives Out Takes On the Anti-Immigration Crowd

Since the beginning of the Obama era, the Left has broadcast two contradictory messages on the subjects of race and immigration. The first is that a so-called Coalition of the Ascendant will inevitably displace white Americans as the dominant force in the country’s politics and culture. The second is that ... Read More
From left: Harvard University's Noah Feldman, Stanford University's Pamela Karlan, University of North Carolina's Michael Gerhardt, and George Washington University's Jonathan Turley testify before the House Judiciary Committee hearing on the impeachment inquiry into President Donald Trump, December 4, 2019.

The Impeachment Eye Test

To put it mildly, the 1960s were not notorious for juridical modesty. They might compare favorably, though, to Wednesday’s episode of “The Lawyer Left Does Impeachment” at the House Judiciary Committee. Oh, I have no doubt that the three progressive constitutional scholars spotlighted by Democrats yearn in ... Read More
From left: Harvard University's Noah Feldman, Stanford University's Pamela Karlan, University of North Carolina's Michael Gerhardt, and George Washington University's Jonathan Turley testify before the House Judiciary Committee hearing on the impeachment inquiry into President Donald Trump, December 4, 2019.

The Impeachment Eye Test

To put it mildly, the 1960s were not notorious for juridical modesty. They might compare favorably, though, to Wednesday’s episode of “The Lawyer Left Does Impeachment” at the House Judiciary Committee. Oh, I have no doubt that the three progressive constitutional scholars spotlighted by Democrats yearn in ... Read More
Culture

The Absurd Crusade against the Salvation Army

We all know some individuals who are so obviously good and kind that we are certain if anyone were to dislike them, that's all we would need to know about the person. We would immediately assume he or she is a bad person. To hate the manifestly good is a sure sign of being bad. Such is the case regarding the ... Read More
Culture

The Absurd Crusade against the Salvation Army

We all know some individuals who are so obviously good and kind that we are certain if anyone were to dislike them, that's all we would need to know about the person. We would immediately assume he or she is a bad person. To hate the manifestly good is a sure sign of being bad. Such is the case regarding the ... Read More
White House

Nancy Pelosi’s Case

Further to the post below, a couple of thoughts on Nancy Pelosi’s statement yesterday. She said this near the beginning: During the constitutional convention, James Madison, the architect of the Constitution, warned that a president might betray his trust to foreign powers which might prove fatal to the ... Read More
White House

Nancy Pelosi’s Case

Further to the post below, a couple of thoughts on Nancy Pelosi’s statement yesterday. She said this near the beginning: During the constitutional convention, James Madison, the architect of the Constitution, warned that a president might betray his trust to foreign powers which might prove fatal to the ... Read More