At the time of the US Treasury's intention to restart the trade war with mainland China, US President Trump still instructed the staff and continued to promote a tariff plan for imported products of US $ 20 billion.The White House has confirmed that it will continue to take trade operations on mainland China. It is expected that at least before the November election in the United States, the negotiations between the two parties have made it difficult to progress.
Sources revealed that the United States has suspended the latest measures to impose tariffs on imported goods in mainland China, because the authorities are considering modifying tariff content based on public opinion consultation.Trump may reduce or reduce tariffs to avoid triggering a strong rebound in large American companies and consumers.
However, after Trump still insisted on promoting the news of a new round of tariffs, it impacted the financial market again last Friday; US stocks wiped out, and the US dollar against offshore renminbi wrote the largest increase in two weeks.Technology stocks led U.S. stocks, and Apple's stock price once fell 1 %.Apple warned last week that new tariffs could increase product costs.
Sources said that Trump convened a high -level trade staff to discuss tariffs on mainland China last week. Participants include Minister of Finance Steven Mnuchin, Wilbur Ross, and Robert Lighthizer, a trade representative.Minuqin has proposed to restart trade dialogue with China.Trump also stated in the meeting that he did not worry about the latest tariff measures affecting negotiations with mainland China.
Trump also tweeted on the 13th that the United States did not have the pressure to reach a trade agreement with mainland China, and it refers to China's pressure.
Last week, Trump even threatened to levy additional taxes on Chinese imports of US $ 267 billion. Once implemented, almost all Chinese export products will be imposed on tariffs on the US export products.The White House said on Friday that it will continue to take action on the US -China trade issues, which can promote China to solve the issue of US concerns.
The Strategas policy rate was slightly in charge of Dan Clifton, saying: And "The trade policy has progressed, and Trump is trying to reach a North American Free Trade Agreement (NAFTA) and the EU to deal with China alone.Consultation, but the pain caused by tariffs is not enough to force China to carry out structural reforms. We believe that the two parties will not have substantial negotiation before the period of the period.
Taiwan media: The US -China trade war is constantly upgrading to land and medium -sized enterprises Andrdquo;
James and#8231; Zhang (transliteration) operating the production of UBS transmission lines in Shenzhen. He said that the orders for the Sino -US trade war in July have fallen sharply, and it is estimated that it will be further reduced by 30%next year.James and#8231; Zhang said that some customers asked him to absorb the costs that cost more due to US tariffs, but he was unable to bear these costs. Some customers had transferred the purchase order to Vietnam and India.
James and#8231; Zhang said that he was difficult to sleep, and this time it seemed difficult to pass the difficulties. The only way was to abandon everything in China and set up factories in Vietnam. In recent years, some friends and customers have been investing in Vietnam to investEssenceJames and#8231; Zhang made a UBS transmission line only earned RMB 0.04. If 40%of the additional tariff cost is absorbed, one pays one for each selling one.
The Hong Kong English News "South China Morning Post" reported that the United States increased tariff impact, the cost of domestic workers rose, and might increase corporate tax next year. These factors led tens of thousands of small exporters in China to face survival challenges.More and more small enterprises are considering whether they are closed or settled in overseas factories.
Analysts said that many small exporters in China could not survive.Peng Zhiluo, a Greater Chinese economist at the Dutch International Group (ING), pointed out that small exporters will encounter greater losses next year, especially those with lower added value, and some industry players will be forced to blow off the lamp.
In the case of US President Trump imposed punitive tariffs on more Chinese products, Peng Zhiluo estimates that China's economic growth will slow down, with a growth rate of only 5%next year.
Peng Yiluo said that on the one hand, China's economic transformation must be better allocated, so some low -level manufacturers must move out; on the other hand, this process must be carefully controlled, because the industry still provides a large number of employment opportunities. Artificial intelligence (AI AI (AI (AI (AI (AI) Emerging industries are unable to absorb all layoff workers.
According to data released by the Guangdong Provincial Government at the end of 2016, more than half of the employment opportunities in Guangdong were released by SMEs, and the ratio of Guangdong's taxation was also approaching half. SMEs mean companies with less than 1,000 but higher than 20 people.
