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 / Editorials

Washington's trade folly evident

China Daily | Updated: 2019-08-20 07:37
Share
Share - WeChat

The US Commerce Department has extended the temporary reprieve given to Huawei, allowing the Chinese telecommunications equipment giant to continue buying supplies from US companies for another 90 days.

The first reprieve that was announced in May after Washington put the company on its Entity List on the grounds that it endangers US national security and harms its foreign policy interests was to expire on Monday.

Extending it does not necessarily mean the US has had a change of heart toward the company-"I don't want to do business (with Huawei) at all because it is a national security threat," the US leader said on Sunday.

Nor is it a true gesture of "good faith" for the forthcoming round of trade talks as the US claims. Too many times the good momentum in the talks has been disrupted unilaterally by the US administration's capricious policies.

Extending of the reprieve is simply expedient, serving as further proof that Washington is not winning the trade war as easily as it expected. Rather, given the close interdependency of economies in the global supply chains, US companies are suffering too as Washington tramples over the principles of free trade.

Out of $70 billion that Huawei spent buying components in 2018, some $11 billion went to US companies including Qualcomm, Intel and Micron Technology.

Banning them from selling to Huawei would mean a huge loss for these US companies, which is why so many US suppliers asked Washington to allow them to continue selling to Huawei after the official ban was imposed.

Actually, an increasing number of people in the US have come to realize the folly of the administration's trade policies.

In a report released on Monday by the National Association for Business Economics, 34 percent of the economists surveyed said they believe a slowing US economy will tip into recession in 2021. That's up from 25 percent in a survey taken in February.

Meanwhile, support for free trade has hit an all-time high in the US, according to an NBC/Wall Street Journal poll released on Sunday. Sixty-four percent of Americans support free trade, up 7 percentage points from the previous time the question was asked in 2017 and up 13 percentage points from a 2015 poll.

A prolonged trade war between China and the US is a dead end. The leaders of the world's two largest economies should be wise enough to avoid the worst-case scenario and work out a solution that benefits not only their own countries but also the world economy as a whole.

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: 91麻豆免费 | 岛国精品在线播放 | 国产精品一区二区视频 | 99在线视频观看 | av中文字幕一区 | 国产成人在线播放视频 | 国产成人精品av久久 | 亚洲视频黄 | 成年人在线观看网站 | 伊人久久久久久久久久久久 | 日本国产高清 | 成人在线免费视频观看 | 精品一区二区成人免费视频 | 欧美手机在线视频 | 成人黄色一级片 | 亚洲免费婷婷 | 久久久久一 | 免费成人在线播放 | 国产二区在线播放 | 狠狠躁日日躁 | 这里只有精品视频在线观看 | 精品一二三 | 国产三级网站 | 午夜免费福利视频 | 欧美一区二区在线免费观看 | 色屁屁ts人妖系列二区 | 超碰精品在线观看 | 18岁毛片| 精品欧美久久 | 国产网站91 | 成人精品视频在线 | 欧美成人毛片 | 久久精品夜色噜噜亚洲a∨ 欧美一级二级三级视频 | www.色网站 | 欧洲一级黄色片 | 日韩黄色一区 | 精品一区二区三区久久 | 色网站免费看 | 在线观看国产视频 | 成人av网站在线观看 | 亚洲一区二区三区免费在线观看 |