According to Observer Network quoted Reuters reported on July 6 that although the Biden administration is trying to combat the rising inflation rate in the United States by revoking tariffs on China, this does not mean that Biden really plans to let go completely. The report pointed out that Biden is currently more inclined to revoke some of the tariffs on China, such as clothing, school supplies and other daily consumer goods, so that American consumers can get an intuitive experience from them. Correspondingly, Biden is considering launching a new round of 301 investigation into China's semiconductor industry. Reuters analysis believes that even if the investigation may take up to a year and result in new tariffs, in Biden's view, the new tariffs will be more "strategic."
Not only that, according to Bloomberg citing sources in the White House on the 5th, the Biden administration is actively exerting pressure on Netherlands and asking Dutch ASML company to ban the sale of DUV lithography machines to China. ASML’s previous ban on China Only the most advanced EUV lithography machines are on the banned list.
Sources said that Biden’s purpose is very clear, and it is not enough to suppress China’s semiconductor industry to obtain the most advanced semiconductor manufacturing capabilities. Even mid-to-low-end semiconductor equipment that has relatively backward process technology but is more mature and reliable cannot be sold to China. The goal of the Biden administration is very clear, which is to completely block China's acquisition of advanced semiconductor technology. all channels. However, sources emphasized that the Dutch government has not yet agreed to the U.S. request because they are worried that this will seriously damage bilateral trade between China and the Netherlands, and will also weaken the revenue capabilities of ASML, because China is currently the most important company for ASML’s DUV lithography machines. of buyers.
It is foreseeable that as the inflationary pressure in the United States gradually approaches the limit, the Biden administration has little time left to think. The only opportunity for the United States at present is that the current inflation is causing a technical recession. In other words, although the data is ugly, the social operation of the United States has not suffered a devastating blow.
So suppressing this round of inflation through policy regulation is undoubtedly the best choice. However, the Biden administration has gone further and further down the wrong path of the so-called "values diplomacy" and has completely failed to see the benefits of peaceful coexistence between China and the United States. The benefits it has brought only want to permanently maintain its hegemonic position, so that while announcing to the outside world that it will withdraw some of its tariffs on China, it is planning to launch a new round of sanctions against China's semiconductors. The American " New York Times " also published an article on July 5, revealing that the Biden administration is "learning lessons" from the sanctions against Russia. The United States' purpose is very clear, which is to prevent China from surpassing the United States.
It is not difficult to see that Biden’s purpose is to maintain the quantity of economic and trade sanctions against China through a “one plus and one minus” strategy, while also taking the opportunity to improve the “quality” of the sanctions, which is the so-called “strategic” . In this way, Biden can block the mouths of the Republican Party and not give them the opportunity to label them as "pro-China." However, the Biden administration must face the fact that the current tariffs on China's exports to the United States include not only the tariffs imposed by the United States, but also the retaliatory tariffs implemented by China based on the reciprocity principle of and .
The "principle of reciprocity" is the core part of the Sino-US trade conflict. No matter which area the United States plans to launch an attack from, China will follow this principle to safeguard its power. For a long time, successive U.S. governments have used different reasons to obstruct Chinese companies from normal business operations in the United States. Now they have intensified their efforts, using long-arm jurisdiction to blackmail other countries into not engaging in normal trade with China, and have frequently used "freedom and democracy" to By talking about attacking China, this behavior of the United States has proven to the world that they are the most shameless "dictator" in the world. I advise the Biden administration to return to rational thinking, put an end to such stupid activities of "killing eight hundred enemies and damaging one thousand", and truly do something practical for the American people and the global supply chain.
