Society: The global trade war has entered a fierce critical week

Social ADNBSP; September 3, 2018

Canada and the United States negotiated on the North American Free Trade Agreement (NAFTA) in Washington. It is impossible to obtain consensus on the last period of August 31. Representatives of the two countries will resume negotiations on Wednesday.However, US President Trump immediately warned that Canada may not be included in the new North American Free Trade Agreement. He also emphasized that the United States has been treated unfairly in the past decades. If he cannot fight for a fair trade agreement, Canada should go out.

Although there are still some differences, the Trump administration has reached a framework agreement with the European Union at the end of July. Last Monday announced that it reached a preliminary trade agreement with Mexico. Although the US -Canada negotiations suddenly stopped, it was still possible to solve dairy products and intellectual property rights., Solve the three aspects of the dispute mechanism to reach a satisfactory agreement between the two parties.The North American Free Trade Agreement officially took effect on January 1, 1994. The total annual trade volume was 1.37 trillion US dollars, and the economic strength and market size exceeded the EU.Essence

The United States has stabilized Mexico in the backyard. If the United States and Canada can also reach an agreement on the new agreement, the three countries are expected to end the one -year negotiations and restart the upgraded version of the North American Free Trade Agreement.However, Trump said that the US -Canada's trade agreement will be written in accordance with the conditions of the United States, and said that the US Congress should not interfere with negotiations. There is a strong stance that does not make any compromise first, which will affect the results of the US -Canada trade negotiations.

If the United States eventually reached an agreement with Canada, it will make the United States more confident and stronger in the next trade negotiations, and will also increase its trade combat with China. China will inevitably face more difficult negotiations.After the U.S. Trade Representative Office ended the six -day hearing about the taxation list of Chinese products last week, Trump immediately dropped the heavy trade bomb, saying that it might start this week.Commodity tariffs.Therefore, after Trump came to power, the trade war launched by trading partners will enter a critical week this week.

Because more than 400 companies applied for speaking at the hearing, the hearing that had only been held for three days was extended to six days. Although there were many sounds that opposed China to further implement punitive tariffs to China.It is not a good time to negotiate with China, so it cannot be ruled out that the United States is taking the next round of tax increases on Chinese products.If most countries choose to compromise with the United States, there are fewer and fewer allies standing on the same front as China, and if China -US trade negotiations are completely talked about, the situation will be more unfavorable to China. How China resolves difficulties will be a very difficult challenge.

Once the United States has reached an agreement with other trading partners, the trend of the US -China trade war will change. As the U.S. tariffs on Chinese goods increase the scope of tariffs on Chinese goods, when China faces greater pressure on trade war, it is worth it to respond to it.focus on.The United States had previously imposed tariffs on imported goods with a total amount of $ 50 billion, and China subsequently levied revenge tariffs on US goods of the same value.As soon as the larger tariffs are opened, it is more difficult to find a way to find a faceless way to compromise with the United States.

Nowadays, the latest round of Sino -US trade negotiations have endlessly ended. The trade friction between the two major economies has been upgraded. The global market has greater concerns, and the financial stock market has been impacted again.In recent months, Sino -US relations have shown signs of nervousness in many aspects. North Korea's abandonment of nuclear abandonment seems to be in a deadlock, and Trump has aimed at China again.The United States may suspend any trade negotiations between the two countries, and even as Trump has refused to refuse China's negotiation attempts.It is reported that after the US trade representative Leitchizer won the negotiations with Mexico and Canada, Trump might give it to this negotiating work known for its strong style of trade in China.

If Trump really exports a punitive tariff on nearly half of the goods from China to the United States, and China responds to all tariffs on all goods exported to the United States to China.Many countries are the beginning of a nightmare, and Sino -US relations will also change profoundly.Chinese officials insist on the trade war. "China is unwilling to fight, is not afraid of fighting, and has to fight Andrdquo; China's determination to play there, whether the United States will really continue to upgrade the artillery fire, and then China still has still in China.How many cards can be played, and what kind of counterattack method will decide how this trade war will be played and write a global political pattern.