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 / From the Press

Trade war is no swing game

CGTN | Updated: 2018-08-20 09:00
Share
Share - WeChat

Just like its ally across the pond swinging between a hard or soft Brexit, the Trump administration seems to also be struggling to decide what kind of trade deals they want with China.

With US tariffs on 16 billion dollars' worth of Chinese goods taking effects soon on Aug. 23, a delegation from China has been invited to Washington for a new round of trade talks. While the stock market has shown signs of optimism with new hopes of averting a trade war, experts seem to hold a more cautious attitude and agree more on "talks about talks" rhetoric.

Led by China’s vice-commerce minister Wang Shouwen, the delegation is supposed to meet a group led by US Treasury undersecretary, David Malpass, at the end of August.

In an interview with Bloomberg, Gai Xinzhe, an analyst at the Bank of China’s Institute of International Finance in Beijing, said that "This will be ‘talks about trade talks,'" and "Lower-level officials will meet and haggle and see if there is a possibility for higher-level talks."

The last round trade talks in May has broken down, with Trump tearing up the agreement regardless of Mnuchin's efforts, and Trump went ahead with his tariff plan on 500 billion US dollars' worth of Chinese goods. It seems that no one even in the White House is clear on what he hopes to achieve in the trade war that he himself has instigated.

In CNBC's "Squawk Box" interview, White House economic adviser Larry Kudlow insisted that China "must not underestimate President Trump's toughness and willingness to continue this battle to eliminate tariffs and non-tariff barriers and quotas, to stop the theft of intellectual property and to stop the forced transfer of technology."

China is not underestimating Trump – it's just confused about him. China has offered a huge deal to buy more America exports in May to reduce the trade balance, and reiterates its stance and determination on further opening up; various sources have confirmed that the forced technology transfer is simply not true.

But if it is China giving up its plan to upgrade its industry and develop its economy that Trump wants, he must know that China will not cross the line to make such concessions. So even though Trump is consistent in its broad demands towards China, the big question remains: no one knows exactly what he wants.

His swinging attitude perhaps partly reflects the difference on strategy towards China, with Peter Navarro standing firmly on the most hawkish side of the spectrum. Trump still has time in figuring out a sensible strategy towards China, thanks to the strong GDP number in the second quarter motivated by tax cuts. But investors, farmers, and manufacturers may not have such patience as they are at the front line of feeling the pain and no money is willing to go to the "war-zone."

It seems that both parties want an off-ramp out of the tariffs standoff, but Trump really needs to stop the swing game and figure out how he wants to get down from the off-ramp.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . 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: 特级西西444www大精品视频免费看 | 成人免费视频观看 | 国产一区久久久 | 伊人久久精品 | 在线免费a视频 | 国产成人精品综合久久久久99 | 伊人网视频在线 | 四虎福利 | 一区日韩 | 91精品国产综合久久福利 | 懂色av,蜜臀av粉嫩av | 男女操操操 | 亚洲国产精品免费在线观看 | 五月婷婷在线播放 | 黄色一级视频免费看 | av一区不卡 | 丁香午夜 | 岛国精品在线观看 | 久久精品中文 | 欧美性高潮视频 | 91精品国产成人 | 成人免费影片 | 五月婷婷一区二区三区 | 精品99视频 | 懂色av一区二区夜夜嗨 | av网站在线免费 | 激情图片在线视频 | 国产成人福利 | 超碰人人人人人 | 可以在线看的av | 婷婷操 | 日本爱爱网址 | 国产精品国产三级国产aⅴ 国产三级福利 | 亚洲一区二区视频在线播放 | 国产成人一区二区在线观看 | 国产精品色网 | 日韩av成人在线观看 | 男人天堂99| av青草 | 四虎最新免费网址 | 毛片天天看 |