The trade war is upgraded to the heat of China and the United States approaching the road of no return

After the United States announced a 25%tariff on US $ 16 billion in China, China has also announced the tariff measures for peer -to -peer, and China and the United States announced that the second wave of tariff warfare was officially launched.Because the United States will sacrifice more tariff measures in the future, and even sells the US dollar to increase the competitiveness of American commodities, it is expected that China will also be given back. Experts point out that China -US actions have made such protectionist measures that may be compared with protectionist measures.Continue to upgrade, the two countries are getting closer to the Andrdquo;

Bloomberg reports that the above -mentioned tit -for -protection measures may continue to be upgraded in the future because the United States is considering an increase of 10%tariffs on another $ 200 billion in Chinese goods, and it may even increase the tax rate to 25%. At presentIt is soliciting public opinions, and the deadline is September 6.If the United States performs these tariffs, China will also be prepared to impose tariffs on another $ 60 billion in US goods.

Exports to the United States in July

U.S. President Trump has said that he can tax all Chinese goods in the United States, and last year, China exported more than $ 500 billion in US goods.The Australian Central Bank President Philip Lowe warned that dispute upgrades could cause great damage to the world economy.

In this regard, Wang Tao, director of the UBS China Economic Research, said that he has not yet taken the way back. And "but closer to Andrdquo; its risk is that the US government intends to pressure China to use strong means to meet the unconditional China to satisfy all the United States.Requirements, this similar gambling method will only lead to a round of higher tariffs.

This opposite battle has so far not suppressed Americans' interest in Chinese products.According to the China Customs General Administration, the value of the US dollar exported to the United States in July increased by 12.2%year -on -year.China ’s trade surplus to the United States has only fell slightly from US $ 28.97 billion in June to US $ 28.09 billion in July.

Selling the dollar may become a Trump weapon

Professor Zhang Jun of Shanghai Fudan University said that "these numbers indicate that the trade war has not really started Andrdquo; currently the trade war is still mainly in the consultation stage, and many tariffs have not yet been implemented.

Morgan Chase economist even believes that if the trade war continues to heat up, Trump is likely to sell the US dollar as a weapon for other trading partners.

Morgan Chase chief American economist Michael Feroli said that although Trump's possibility of taking this measure is not very high, it cannot exclude Trump's interference in monetary policy to achieve the purpose of trade protection, because Trump sometimes will sometimes happenImpression tends to weaken the dollar.

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