A small plan of the first ointment of the war on trade with China

At midnight Washington (7 am Lithuanian time) in the United States, 25% came into effect. a tariff of about 34 billion Dollars (29 billion euros) of imported Chinese goods – machinery, electronic equipment, high technology equipment.

Beijing stated that its response is "entered into force at the same time".

China has not yet provided details on response rates, but has previously said that, that they will abide by the US dollar measures

Friday's tariffs can only be preparatory clashes to the trade war, while US President Donald Tramp pledged to unlock about 450 billion dollars. Economists warn that US measures and the response to them may dampen global economic growth and strike at the heart of the world's most damaging but hurtful trade. the consequences would affect the entire planet.

The months of dialogue between the superconducting economies seem to have collapsed. A few hours before the tariff came into force, Trump warned that Washington was ready to collect hundreds of billions of goods from China.

D. A brief, boring one for years has been the reason for Beijing's economic maneuvers against the United States. Last year, the United States and China recorded a record trade deficit of $ 375.2 billion. US officials blame China for striving to become a dominant industrial player, stealing US "jewels" from cyber-hacking, mandatory intellectual property transfer systems and takeovers sponsored by the United States. ;State.

Sounding alarming warnings about the impact of the new measures on the United States, D. Short remains convinced that the good economic performance of the United States will allow America to beat its rivals in the current battle.

"Made in China"

Ma Jun (Ma Dzuna), a member of the Monetary Policy Committee of the Central Bank of China, said Friday that the impact of these early shocks on the country's economy would be "Limited" [19659002] 50 billion. The dollar-supported trade war will slow the growth of Chinese gross domestic product by 0.2 percentage point, "Ma Yun told Xinhua News Agency

China may apply reciprocal tariffs for up to US $ 130 billion (111 billion euros) for imports from the United States, and Beijing promises to take "quantitative" and "qualitative" measures against the US This is fueled by fears that these actions could severely curtail the activities of US multinationals in China.

Following this statement, Chinese stock prices have actually gained momentum.The Shanghai stock index has progressed nearly one percent and the Shenzhen general index rose more than one percent

Stock prices fell slightly, with a Shanghai index higher than more than 39 half a point final transactions

Daxiao (Li Dasiao) said that the markets had previously evaluated the rates, "so that investors do not fear that much more & # 39; before."

Some Pekingese worried about possible price increases by introducing tariffs, but also steadfastly supported Beijing's actions in the field of trade

"I will strive to support local production.I think the goods made in China are the best, "said Yang (Yang), spokesman for a Beijing food store

Beijing accuses the United States of "firing around the world". is produced by companies that are invested in foreign countries, including America.

Predictions of Anxiety

D. A short nationalist slogan, "First, America," has also targeted other traditional trading partners of the United States such as the European Union, Japan, Mexico, and even Canada

. impact on the world's most powerful economy.

The US central bank warned that impending trade wars were beginning to darken all the favorable prospects of the US economy by imposing tariffs on imports of steel and aluminum, and threatened to tax imported cars and related products. already a decade of recovery.

US companies told the central bank that their spending plans were cut or delayed. He is also warned that companies are preparing for other negative effects of trade disputes, according to a survey conducted by the Federal Reserve System.

The survey of industrial enterprises confirmed that companies worry more and more of D. Intensification and expansion of international trade. The beginning should confirm the growing gap between D. Short and his own Republican party, traditionally supportive of free trade and support of big business.

An influential US Chamber of Commerce, a major business lobbying organization, said this week that the rates introduced by D. Trump determined or likely to result in retaliation in China, Canada, Mexico, the European Union and elsewhere. These measures have already affected 75 billion. dollars (64 billion euros) of US exports.

It is ironic that the states most affected by the state supported D. Trumpov in the 2016 presidential elections.