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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Move to protect US steelmakers is against norms of world trade

China Daily | Updated: 2017-04-24 07:28

Move to protect US steelmakers is against norms of world trade

A worker at a steel company in Lianyungang, Jiangsu province, in January 2015. [Photo/China Daily]

Announcing that the United States will investigate whether foreign steel imports harm the country's national security, US President Donald Trump and Commerce Secretary Wilbur Ross have sent an unmistakable message to the big US steelmakers that they will protect them.

National security is rightly a top priority for any country, so it would be understandable if the Trump administration was taking the move to close any potential national security loopholes. But it is not.

Trump on Thursday revealed that the move had been taken simply to help bring back manufacturing jobs to the US, one of his key campaign promises.

"For decades America has lost our jobs and our factories to unfair foreign trade," Trump said. "And one steel mill after another has been shut down, abandoned, and closed. And we're going to reverse that."

What he did not say is that the US' manufacturing decline does not come from unfair competition from foreign producers, rather, it is a natural outcome of the country's high labor costs and domestic market-driven economic restructuring over the past decades.

It is clear that national security is only an excuse to justify the real aim of blocking foreign products to benefit the domestic steel industry. The probe, which will be led by Ross, could result in recommendations on curbing steel imports that will affect the interests of a number of the US' major trade partners, including China.

Yet reducing imports of foreign steel products will not alter the weak competitiveness of US steelmakers. Instead, if the US does take protectionist measures, then other countries are likely to take justifiable retaliatory actions against US companies that have an advantage over those countries in fields such as finance and high-tech, leading to a tit-for-tat trade war that benefits no one.

Trade is indispensible for healthy and sustainable global growth. When disputes arise, the involved parties should resort to the dispute settlement mechanism under the World Trade Organization. It may not be perfect for settling trade disputes, but it is the best mechanism there is to maintain order in the global trade system.

By proposing an unjustified investigation into steel imports in the guise of safeguarding national security, the US seems to be resorting to unilateralism to solve bilateral and multilateral problems.

Unfortunately, it will be hard for it to revitalize its steel industry and the move is only likely to arouse anger from its trade partners, contributing further instability to global trade and the world economy.

Most Viewed in 24 Hours
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: 亚洲欧美在线看 | 乳色吐息在线看 | 宅男噜噜噜 | 一级黄色大片视频 | 国产不卡在线 | 国产极品视频在线观看 | 色www国产亚洲阿娇 日韩精品一区二区在线播放 | 精品一二三四区 | 91狠狠干 | 日本黄色片视频 | 亚洲国产视频在线 | 婷婷六月色 | 久久久成人精品 | 美国黄色大片 | 国产三级一区二区三区 | 成人伊人综合 | 日韩中文字幕在线视频 | 香蕉综合视频 | 色婷婷六月 | 激情国产一区 | 国产视频久久久久 | 日本一区中文字幕 | 亚洲狼人综合 | 国产精品免费一区二区三区 | 亚洲成人影院在线观看 | 九九热精品免费视频 | 久久久久久久久久久久国产精品 | 天天色视频 | 玖玖在线播放 | 一区二区三区免费看 | 国产精品亚洲视频 | 99精品一区二区 | 日韩精品一二三区 | 日韩欧美亚洲一区二区三区 | 在线看一区二区 | 一二三四国产 | av不卡网站| 国产精品毛片va一区二区三区 | 在线毛片观看 | 日韩有码在线播放 | 国产成人精品久久二区二区 |