Trump announced that it will levy tens of percent of about 10 % of Chinese goods next Monday.
(Reported by Sing Tao Daily) Some analysts believe that the current strong economy in the United States and US stocks at a high level are the reason why Trump dares to continue to put pressure on China.The tariff costs, such as electronic supplies, furniture, clothing, etc., will eventually be passed on to American consumers to impact the consumption expenditure of American families and have a negative impact on the US economy.The US technology industry and retail industry chambers criticized Trump's decision yesterday that the United States and China should return to the negotiating table as soon as possible.
The public consultation meeting of $ 20 billion in China ’s taxation was ended earlier this month. It is reported that most of the opinions of more than 6,000 opinions have opposed it.tariff.Thomas J. Donohue, chairman of the National Chamber of Commerce in the United States, said that the Trump administration's decision clearly shows that the US government has not noticed that American consumers and business circles have a warning on increased costs and employment loss.
Dean Garfield, CEO of the American Information Technology Association, described Trump's decision to be a "reckless move" and will cause harm to the national community.Hun Quach, vice president of the US Retail Industry Leadership Association, said: "Tariffs are equivalent to increasing taxes on American families. Consumers will be impacted, and American farmers and pastures will see the damage caused by revenge."
Consumption contributed to 70 % of the US economy, and Gregory Daco, the competent director of New York Oxford Economic Corporation, said the rise in prices will cause US family expenditure to decrease.Once the Beijing authorities retaliate, the tariff may reduce the US GDP next year by about 0.4 %.Michael Feroli, chief economist of Morgan Chase, said the subordinates caused by tariffs were a big variable.The originally optimistic corporate confidence in the United States has become cautious, which will affect corporate recruitment and investment.
However, some US think tanks have pointed out that although American consumers may be displeased because of their expensive things, the anti -China theory is eaten in some areas in the United States, which are severely unemployed in the United States, such as Ohio, Michigan and other states.Or see the clue."Strategic and International Research Center" expert Scott Kennedy believes that the American eagle no longer uses China to increase the balance of the US procurement to balance the deficit. This time, the ambition is even greater., Move the supply chain from Asia back to the United States.
It is difficult to say that trade and war should be closed.
US President Trump announced the implementation date of the second wave of offensive against the China Trade War, and next Monday began to impose 10 % tariffs on an additional 20 billion US dollars in imports from Chinese products.He should expect to fight back in China according to the original statement, and has prepared to play the third wave of offensive.The Sino -US trade war may be at least after the November elections in the United States.
China Vice Premier Liu He was invited to go to Washington with US Treasury Nuchin at the end of this month to resolve trade dispute talks.Trump announced the upgrading of trade and war without the beginning of the talks. First of all, a mounting was aimed at destroying the atmosphere. It was expected that the negotiations could not reach the results.
In fact, Nuchin and Liu He's negotiations had reached a consensus that was temporarily unable to fight four months ago, but it was immediately overthrown by Trump.The plan is the same now.
China has already stated earlier that once the United States imposes tariffs on the second batch of goods, China will be colorful to goods worth $ 60 billion.Trump warned yesterday that once China fights, the United States will "immediately" start a third wave of taxation procedures for $ 267 billion.The three waves are combined, which basically cover all Chinese goods input.
Trump is unintentionally consed, aiming to continue to upgrade.At present, it is not clear how China ’s third waves will fight back, and whether the fire is burned to the United States to a large number of service trade with the United States.
After Trump announced the decision yesterday, the Hong Kong stock market rose from a decline driven by the mainland stock market. Some pointed out that the mainland dispatched the "stability maintenance troops" to enter the market. It was seen that other stock markets did not have Da diarrhea.The increase in tax rates from 20 % to 10 % is low, and the initial lethality of the second wave of second waves is also slightly reduced.
Trump will increase the tax rate to 20 % in New Year's Day next year. It is not good for China, but allows American importers to have more time to figure out other sources. In response to Apple and other companies that depend on Chinese processing, companies and companies and other companies and other companiesMany chambers of commerce require.
In fact, the U.S. government has become a platform for the Chamber of Commerce to vomit hardships in accordance with regulations this month.Chamber of Commerce in different industries opposed.
More than 80 major chambers of commerce formed a cross -party organization that "Americans supported free trade" last week to organize alliances with "farmers support free trade" to criticize tariffs to increase consumer burden and crack down on business and employment.The agricultural income has five points on exports, and these organizations will start a huge publicity offensive and lobby to Congress.
In this trade war, Hong Kong also suffered from pond fish.The Trade Development Bureau announced that the export index fell below the boundary and declining boundaries. The exports may be retreating next quarter.Undertaking tariff expenses.
The Hong Kong Government will start additional support measures to help the industry's small and medium -sized enterprises in a weekly turn to overcome difficulties.However, China and the United States will not take a break in the short term, and under the long -term strategy of the United States to curb the development of China's high -tech industry, there will be a lot of trade frictions in the future.The long -term development of Hong Kong merchants needs to develop other markets to diversify risks. As the sixth largest economy in the world, ASEAN, which has an average annual growth of 5 %, has signed a free trade agreement with China and Hong Kong. It is a prospect.More stable choice.
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