international trade

Q2 (15 points) In the year 2018, the US imposed additional tariffs (on top of its MFN tariff rates) on billions of Chinese goods. President Trump tweeted on February 16, 2019 that \"Billions of Dollars are being paid to the United States by China in theform of Trade Taris! \" l) (7 points) Theoretically, who might be paying for the tariffs on Chinese goods? Analyze with what you learn from this course. Draw graphs to assist your argument. 2) (5 points) Who's paying for the tariffs on Chinese goods according to empirical investigations? Cite empirical evidence with links to your sources. Be specic in your explanation for full credits. 3) (3 points) What does the empirical evidence in part 2) imply about US market power and import tariffs as US '5 weapon in the trade war? Explain