On October 3, according to reports from a number of foreign media including Singapore’s Lianhe Zaobao, the U.S. government stated that the U.S. Trade Representative, Dai Qi, will publicly announce at 10 a.m. Eastern U.S. local time on October 4th. The Biden administration made relevant speeches on its China trade policy.
In response to this trade speech to China, US Trade Representative Dai Qi has publicly stated that the US Biden administration may impose additional tariffs on China. Many people don't believe this very much. They think that inflation has already occurred in the United States and that the United States has to impose tariffs on Chinese goods. Isn't the United States looking for trouble for itself?
01. The United States is the "elite America"-imposing tariffs on Chinese goods is still acceptable to the current United States;
Many people believe that the United States has already appeared at present The situation of rising prices. Under this circumstance, the United States will still impose tariffs on Chinese goods. Wouldn't it aggravate the inflation situation in the United States? Are Americans so stupid?
Most readers may have stayed in China for a long time, thinking that the current United States has the same collective consciousness as China, but in fact, The current United States, to be precise, has always been the "elite America" .
Taking the new crown epidemic in the United States as an example, the number of deaths due to new crown deaths in the United States has exceeded 700,000, but Americans seem to feel nothing. The reason for this is that most Americans feel that this is a "other people's home" story. It is fine if it didn't happen to them. Now some Chinese/overseas Chinese in the United States also feel this way.
For American “elites”, they have complete COVID-19 prevention measures and treatment guarantees, and “coexistence with COVID-19” is not a problem.Insufficient labor? When the United States opens the border wall, a large number of young immigrants will quickly add in. This is the current status of the United States as a country of immigrants.
Yes, if the United States imposes additional tariffs on China, the inflation situation in American society will be more serious, but the American "elite" who holds the most strength in the United States will not be affected much. If an egg rises from US$1 to US$10, it would be disastrous for ordinary Americans, but it would have little impact on the American "elite".
The American elite is not afraid of inflation of this magnitude at all. After the tide recedes, the United States may lose a large number of poor Americans and even the middle class, but the "elite" is still there. With the characteristics of the country of immigrants, the United States will soon be able to replenish its labor force. This is now the United States' biggest support.
Therefore, it is not an unacceptable issue for the United States to impose additional tariffs on Chinese goods on the basis of the original Trump administration.
02, "Trade War 2.0" The scale of "Trade War 1.0" may be larger than the scale of "Trade War 1.0"-the United States has started to prepare from many aspects; News. Let me sort out what preparations the United States has made for the "Sino-US Trade War 2.0" in the past period of time:
1. September 24, at the "US-Japan-India-Australia" four-nation summit On September 29, the United States and Europe announced the establishment of the "U.S.-Europe Trade and Technology Council".The goal is to " strengthen the semiconductor supply chain, curb China's unfair trade practices, and adopt a more unified approach to supervise , Huawei and other large international technology companies";
3. September 30, US Secretary of Commerce Raymondo mandates , TSMC, Samsung and other chip manufacturers to hand over customer lists and confidential data. At the same time, it called for ". The United States and Europe must unite and work together to delay the speed of China's technological innovation! "
The United States has obviously learned the lessons of the "Trade War 1.0". Before the tariffs, first try to unite with the EU, intending to cut off China's development path in independent innovation. At the same time, it plans to fully grasp the pace of chip production in the chip supply field, so as to put pressure on China.
The purpose of the US "Trade War 2.0" is one- allows China to pay for the US dollar overpayment and the US to pay for the huge US debt that is about to mature.
For us, it is absolutely impossible for us to lose our minds to "Trade War 2.0" just because "Trade War 1.0" has overtaken the US offensive. Judging from the current situation, the scope and intensity of "Trade War 2.0" may even surpass "Trade War 1.0".
We also have a lot to do, the first is to accelerate industrial upgrading. For example, the recent "restriction of electricity" is not a "big picture card", but it is definitely a normal "conspiracy." Because no matter what, my country’s power supply structure must gradually reduce its dependence on coal power, but some companies themselves do not pay attention to controlling the annual “carbon quota”, which ultimately affects the livelihood of some areas.
Many companies ran out of "carbon allowances" in the first half of the year.
Secondly,We must strengthen the control of the entire industrial structure. Strengthen ties with ASEAN and the European Union. The EU will not be so easily won by China, but it will not be so easily won by the United States. Therefore, the US-EU economic and trade partnership will not be strong enough to be unbreakable.
In fact, the most troublesome thing is the chip problem, which will also be the key battlefield of "Trade War 2.0". If China can break the US restrictions on China's chip industry, then the US will lose this "ace to China" in the future. Therefore, in the new round of Sino-US trade war, it depends on the efforts of Huawei and a series of technology companies.
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