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[New Dynastie Tang, heure de Beijing, 20 juillet 2018] The Sino-US trade war continues. US President Trump said Thursday (July 19) that he could impose tariffs on all Chinese products imported to the United States if necessary. On the other hand, the EU and Japan have signed an Economic Partnership Agreement to exempt each other from more than 90% of tariffs on goods. Some badysts have pointed out that if the CCP does not follow the duty-free policy, the future foreign trade situation will be "very difficult".
President Trump said in an interview with CNBC on July 19: "I am ready to impose tariffs on 500 billion Chinese products."
Trump said, "I am not doing this for politics, I am doing this to do the right thing for our country." "We have been dragged by China (CCP) for a long time."
also pointed out that the United States is "used by the (CCP) in many ways, including trade." And monetary policy. But Trump also pointed out that he has not introduced tariffs for any malice against China.
"I do not want them to be afraid, I hope they're fine," said Trump, "I really like President Xi, but that (US trade -Chinese) is very unfair. "
According to US population Census Bureau data, the United States imported goods from China in 2017, the exact figure is $ 505.5 billion, while the amount of US exports to China in the same year was only $ 129.9 billion.
At present, the US government imposes a tariff of 34% on Chinese products and 34 billion US dollars in electronic products and other parts are subject to customs duties, while the CPC riposte against the same amount of American products. Rates
Trump's request for US-China trade relations is clear: to reduce the US-China trade deficit, the CCP has stopped stealing US technology and making structural reforms. If the CCP still adheres to the current unfair trade strategy, the US-China trade conflict should continue to intensify.
On July 10, the United States decided to impose a tariff of 10% on another 200 billion dollars of Chinese goods. Trump said the next step depends on the extent of the CCP's retaliation.
The United States, Japan and Europe promote economic and trade partnerships The CCP is isolated
On the other hand, in addition to facing the US trade war, the CCP is progressively disadvantaged in the overall situation of foreign trade.
According to Kyodo News of Japan, on July 17, Japan and the European Union signed the Economic Partnership Agreement (EPA) at the residence of the Prime Minister of Tokyo. The agreement is expected to come into force in 2019.
After the entry into force of the agreement, the EU will cancel the 99% tariff on Japanese products and will also cancel the tariff on 94% of EU goods and most un-canceled tariffs will also be reduced.
Japan and the European Union signed an Economic Partnership Agreement (EPA) on July 17 at the Prime Minister's residence in Tokyo to exempt more than 90 percent of the property from each other. In addition, earlier this month, the German "Business Daily" reported that US President Trump has asked the EU to lift tariffs on cars imported from the United States. Cars impose punitive tariffs.
Some badysts believe that the CCP has become increasingly isolated in the area of international trade, and if the CCP does not follow tariffs, the future situation of foreign trade will be even more difficult. Gong Shengli, an independent economist in mainland China, pointed out that since the CCP supports its huge communist bureaucratic system, the cost of this "party" does not exist in all other countries governed by law. "The political investment can not be economic. Investment badysis, which makes it difficult for the CCP to follow the practice of countries without customs duties."
He also pointed out that Once Japan, the European Union and the United States finally reach an agreement to remove trade barriers, the situation of the CCP will be "very difficult."
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(Full reporter report Xiao Jing / Editor: Ming Xuan)
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