WASHINGTON—The Obama administration has decided it won’t grant China the official market-economic system status Beijing thinks it deserves, a move certain to lift pressure, as China pushes the U.S. and other international locations to ratchet down import tariffs. A country’s persons are finest served by way of international trade – oil from Saudi Arabia, client products from China , and food from the U.S. As soon as businesses within a country are allowed or even encouraged to export , the government must surrender some control to free market forces.
The United States is a blended economic system as a result …