日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Op-Ed Contributors

China should call Trump's trade bluff

By Mei Xinyu | China Daily | Updated: 2018-04-10 07:48
Share
Share - WeChat
US President Donald Trump walks as he returns to the White House after a trip to Lewisburg, West Virginia, in Washington DC, April 5, 2018. Photo/Agencies]

US President Donald Trump added a new twist to the trade dispute on Sunday by seemingly softening his stance and tweeting: "President Xi and I will always be friends, no matter what happens with our dispute on trade. China will take down its trade barriers because it is the right thing to do…"

However, Trump has not changed his position. He has only attempted to cool down the heated war of words between the United States and China, by talking about his good relations with President Xi Jinping. But Xi remains committed to protecting global free trade.

In fact, Trump continues to bargain that "China will take down its trade barriers" and "taxes will become reciprocal and a deal will be made on intellectual property".

For global investors, the US used to be an ideal investment destination because it offered stability and security to their assets. But the unstable leadership of Trump has put international capital in the US at risk and made investors in the US market nervous.

Trump's tweet, along with the proposal to impose additional tariffs on $100 billion of Chinese goods, is more of a carrot-and-stick game.

But there is no need to worry about the additional tariffs now, as Trump has only directed the US Trade Representative to consider whether such additional tariffs would be proper, which is different from preparing a detailed list of Chinese products for imposing additional tariffs.

As a businessman, Trump believed in frightening his "rivals" to win negotiations, which also helped him create an image of a "strong personality" among his voters. With the US mid-term election scheduled for November, it is not surprising that Trump is resorting to such old tricks.

Opinions differ on whether Trump's $100 billion refers to the amount of tariffs to be collected or the volume of goods upon which to impose the tariffs. But considering his personality, it is highly possible that he did so to make bigger headlines.

Some media outlets have also noted that Trump's team members gave statements different from his. Soon after Trump announced the latest tariff proposal, the US secretary of commerce, the USTR, and the White House economist all mentioned the possibility of negotiations. According to one analysis, they were trying to pacify the markets and prevent US stock prices from falling further, but we cannot expel another possibility: that they were using different tactics to achieve the same result.

It is possible that the senior US officials seemingly softened their posture because they are optimistic about the Chinese market. So, if the Trump administration does actually impose the proposed tariffs, there will be maximum psychological pressure on the participants in the Chinese market. Trump is an old hand at playing psychological games. But he and his team are rather bad at handling trade frictions, which is good news for China.

The US' proposed list of tariffs on $50 billion worth of Chinese imports covers about 1,300 kinds of Chinese goods. China responded by proposing tariffs on US imports worth $50 billion, but China's list contains only 106 kinds of US goods. This means for each kind of US product on the list there are 12 kinds of Chinese goods. In other words, the US products on China's list will suffer more than the Chinese goods on the US' list, that is, US companies will suffer more heavily from the blow than their Chinese counterparts.

Besides, Trump released the information on additional tariffs on Chinese goods worth $100 billion on Thursday during China's four-day Tomb Sweeping Day holiday, which lessened the pressure on Chinese stock markets.

Therefore, we can safely conclude that Trump and his team are very good at hyping up disputes but rather unprofessional at handling trade frictions.

Therefore, China must firmly fight back the US' unilateral and unfair trade moves, and should be confident of winning any trade war because truth is on its side.

The author is a researcher at the International Trade and Economic Cooperation Institute of the Ministry of Commerce.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲天堂日本 | 97午夜影院 | 在线中文视频 | 日韩欧美第一区 | 中文字幕1区2区 | 色姑娘av | 免费a在线 | 深夜福利网站在线观看 | 亚洲激情在线 | 色哟哟入口国产精品 | 亚洲精品999| 欧美午夜精品久久久久久浪潮 | 国内精品一区二区 | 欧美日韩系列 | 激情一级片| 精品一区二区在线视频 | 日本一区二区三区在线观看视频 | 四虎永久免费影院 | 久久婷综合| 在线免费av网站 | 999精品国产 | 中文视频一区 | 在线不卡av| 精品无人国产偷自产在线 | 成人激情在线观看 | 天天做天天爱天天爽综合网 | 国产精品一区视频 | 你懂的在线看 | 97小视频| 四虎影院色| 亚洲成人精品视频 | 麻豆国产在线播放 | 久久视频| 污的视频在线观看 | 91免费在线视频 | 久久国产精品一区二区 | 在线免费观看成人 | 最新国产拍偷乱偷精品 | 什么网站可以看毛片 | 日本在线一级片 | 国内激情视频 |