(Washington Composite Electric) The research report commissioned by the National Committee of the US -China Trade State Committee pointed out that US President Trump launched a trade war in China.It will stimulate economic growth, and it is estimated that by 2025, it can increase by 145,000.
The representative of the US -China Trade Commission operates a large American company in China.It said that the research carried out by the research company Oxford Economic Research Institute also includes an evaluation of the "situation upgrade scene" of the trade war. It is estimated that when trade confrontation continues to upgrade, the two major economies of the United States and China are obviously decoupled.The GDP of the United States has shrunk by US $ 1.6 trillion (about S $ 212 million) in the United States year.Once this happens, it will lead to a decrease of 730,000 jobs in the United States in 2022 and a decrease of 320,000 copies by 2025.
Reuters analysis pointed out that the United States President Biden was sworn in on the 20th of this month and began to analyze the existing US trade policy, including consulting with Democratic colleagues on the punitive tariffs imposed by Trump.Biden said that he did not plan to immediately change Trump's tariff measures, but said that he would put pressure on China with allies to force China to change trade.
The Chairman of the US -China Trade Commission Ellen emphasized on April that the US -China Trade Commission clarified the impact of policy selection in the United States and China relations.He said at a press conference: "In terms of tariffs, it is very important that we understand the overall economic cost of these options." Allen has always supported Trump to adopt action to change China's trade and technology transfer policy.
Research report estimates that US exports to China support 1.2 million US job positions.In 2019, Chinese multinational companies hired 197,000 Americans, while US companies invested $ 105 billion in China.The report said: "In the next 10 years, China will drive about a third -thirds of economic growth in the world. Therefore