However, does China have a trade policy of Mercantilism? If so, how do they manage this (hint - think in terms of their fixed exchange rate system) and are the Chinese consumers paying the price for this in terms of not being able to buy nice imported products? Do American consumers benefit from this policy? What will happen in the long run if we keep buying from them and they do not buy from us? Is Trump correct to put tariffs on Chinese imports, or does that just raise the price for the common American consumer? Will China change their trade policy?