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C is "Global Village Today" which tells news from different countries.
What is the news today?
The United States started a new tariff on Chinese imports totaling $ 34 billion today (June 6). . We will also be adding $ 16 billion over the next two weeks to enforce fees on a total of $ 50 billion. China reacted to the same scale of retaliatory tariffs. I will take a look at the news of the Liberation Army, concerned about the executions of the Omnori-kyo who executed gas terrorism in Japan 23 years ago and the deterioration of fighting power of the People's Liberation Army of China.
Moderator) Has the United States introduced new tariffs on Chinese imports?
Reporter) Yes. New tariffs were imposed on Chinese imports totaling $ 34 billion, compared to 0: 1 on the eve of today (June 6). The tax rate is 25%. There are 818 types of items ranging from plows used for agriculture to airplane parts, chemicals and semiconductors. Most of the world's media have reported this news and have titled "Trade War". He explains that the United States has been fired in a trade war with China. For the moment, economic friction between our two countries seems inevitable.
How did China react if the United States had been shot down?
reporter) We were struck with the same size tariff. Today at the Beijing time (day 6), day 12: 1, so I got a retaliatory tariff at the same time. We imposed 25% on American beans, agricultural and marine products and cars. Yesterday (May 5), the Commerce Department said, "We will not start the trade war, the United States will not be attacked if it attacks," he said.
Moderator) Does China say that it reacts legitimately because the United States attacked first?
reporter) This is correct. The Chinese government has repeatedly accused the United States of retaliation. Chinese Ministry of Foreign Affairs spokesman Lu Kang said today (6 days) at a regular briefing that the new US tariffs were "bad behavior" in violation of the rules of the World Trade Organization (WTO). The world's first and second largest economies, the United States and China, have pointed out that "it will hurt the global economic recovery and hurt businesses and consumers." "[La Chine] is a necessary counterattack," he said, "we will inform the WTO of the situation and join forces with those of other countries of the world".
Reporter) Yes. The US government will soon impose additional rates. President Donald Trump told reporters yesterday that he "would first charge $ 34 billion in duties and pay $ 16 billion in tariffs within two weeks. A total of 284 items are subject to additional duties of $ 16 billion. China has provided additional retaliation rights on 114 US products for the same $ 16 billion if the US takes this step.
Moderator) Re-filing, retaliation and rate-setting process repeated
Reporter) Yes. President Trump said that if China takes revenge for additional rates that will be in two weeks, it will impose a higher tariff. "I have a $ 200 billion reserve and I have more than $ 300 billion left." If China responds with retaliatory rights, the United States will impose additional tariffs of $ 500 billion.
If this situation continues, would it have a negative impact on the United States, China or the economy? 19659003] Reporter) Both countries are confident of the economic strength, saying that it is the opponent to lose. First look at China. We expect that the impact will not be significant because we will quickly change the basic structure of the economy from the export dependent type to the domestic demand type. "China's economic growth has already moved to the balance between consumption and export dependency," said Guo Sueqing, chief financial officer of the Chinese finance ministry, in an interview today. to the People's Bank of China. I explained it. "This has created a strong durability to deal with commercial friction."
What about the United States?
Reporters) Experts believe that the US economy is currently in a very good situation and that it will not have much impact at this time. If the price of Chinese products increases due to tariffs, consumption will not be significantly reduced and there will be alternatives to US agricultural products and auto exports. However, it is dominant that the situation of confrontation has not been good for too long.
Do you think that the situation of confrontation will soon be solved?
Reporter: Currently, there is no effort to resolve the confrontation between high-level negotiations in the United States and at the middle level. The US mid-term elections scheduled for next November are variable. The Chinese Chancellor David Douglas of the Brookings Institution expects that the negative effects of the trade confrontation with China will accumulate seriously in the US economy by the end of the year. next. Trump said that he would not enforce an additional fee of $ 200 billion, $ 300 billion, since he would now be ready to settle after the mid-term elections, even though launches an offensive against China.
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