[The US wants to reopen the trade war? What should China do? The White House issued a statement on the evening of the 29th at Beijing time that President Trump has decided to impose a 25% tariff on 50 billion U.S. dollars of goods imported from China, including those related to "Made in China 2025," and the relevant list will be on June 15. Announced on the day. In addition, the restrictions on China’s investment in the United States and the strengthening of China’s export control measures will be announced on June 30.
This is not only a surprise for China, but it is certainly a statement that will make the world very different. Less than two weeks ago, China and the United States had reached a framework agreement on the shelving of the trade war in Washington. The two sides issued a joint statement and the United States announced plans to shelve tariffs on Chinese products. The U.S. Secretary of Commerce’s Ross plan to visit China from June 2 to 4 to further negotiate the implementation of the framework agreement. Nothing happened between this, but the White House suddenly changed.
The U.S. wants to reopen the trade war? Obviously not. It should be through the White House's infighting. The hardliner's point of view has gained the upper hand. In order to get more benefits, it has tossed out new bargaining chips to further exert pressure on China to wield the stick.
It must be said that today's world faces a very uncertain U.S. government. The Iran nuclear agreement that has already been reached and the Paris climate agreement have all announced their withdrawal. The US-North Korea summit to be held will be held for a while and will not be held for a while. However, it has been announced in an instant. Raising the asking price is the common logic of Washington’s doing so. In this sense, it is not surprising that Washington now regrets the trade framework agreement it has just concluded with China.
The latest announcement of the White House especially released a signal that the trade friction between China and the United States will be long-term. This is probably not a one-time trade agreement that can be negotiated for long-term control. At least during the Trump administration, the United States may have Constantly raise the asking price.
Fortunately, the Sino-U.S. agreement has not yet begun to implement, and the U.S. side has turned against it, demonstrating its way of dealing with trade issues with China. We believe that the Chinese government should have the wisdom and ability to respond.
The US has made a mistake. It is that the trade war is not an ordinary war. The latter can hit each other’s land. If it goes well, it can even have a “zero casualty†miracle. However, trade wars must be mutually lost, and there will never be a trade war where one side overwhelmingly wins, let alone when the United States confronts China's market size and its rival.
Rose will come to China in a few days. It should be said that if the United States has already decided to impose tariffs on Chinese products, the two sides will not have to talk about it, and they are prepared to fight an "epic-level trade war." However, the U.S. delegation still wants to come. It seems that China and the United States must stick to each other from the very beginning, sit down and talk in the middle, and then enter the new phase of the bright side of negotiations.
However, the new posture of the White House tells us that the US’s asking price is to follow the market and rise. The only thing to do when negotiating with such a government is to stick to the bottom line and never compromise.
China stated at the outset that it did not want to fight a trade war, but it was never afraid of a firm position. Today's attitude is as usual. In the face of the new situation in which the United States can negotiate after becoming a framework agreement, it is believed that the Chinese government will use its two hands to deal with its two hands and play with it slowly.
It can be said with certainty that if the U.S. plans to impose tariffs on Chinese products worth 50 billion U.S. dollars, including technology products, on June 15th, it means that any agreements reached before will be invalidated, and China will counterattack reciprocally. Since then, it has entered a comprehensive trade war model.
The prospect of a substantial expansion of exports to China will return to the trade war imposed by China on retaliatory tariffs. This is also a rollercoaster for the United States. It will be at a loss to farmers, automakers and energy extractors in the United States. Behind the aggressive White House is the emptiness of these uncontrollable civil strife. The Chinese see this clearly and we are therefore more determined to follow the hardline policy of Washington.
Backed by the strength of the United States, you can use the tough policy to fight the world, which is the illusion of the White House today. To negotiate, there must be mutual sincerity for compromise, and we must go side by side with the agreements already reached. To reach an agreement and then raise the asking price and try to have another agreement that is more favorable to him. This is not a rule in the civilized world. China will never be used to being a coordinator of this bad habit in the United States.
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