Trump had warned the tariffs on the import of US $ 200 billion in the import of US $ 20 billion last week. Yesterday, the news announced that the Xinhua News Agency of the mainland did not report in the morning. Only the South China Morning Post stated that the deputy prime minister Liu He called to meet the meeting.It was not until nine o'clock in the evening that the mainland announced that it will retaliate against US $ 60 billion in products.
Although Beijing's retribution and tariffs, they are not equal, and the opposition between the two parties has risen. Although maybe in the long run, it can correct the closed economic structure of the mainland.expected.
First of all, Beijing can of course cancel talks with the United States.The question is that the mainland can not come to talk now?Someone advocates that I will continue to wait and see the results of the election during the period. Perhaps Trump lost the House of Representatives, and the momentum disappeared.
However, there are many changes in the election. Now the US economy has four percent of the growth, and toughness is also supported by voters. Trump's period of election is bullish.Beijing may not be beneficial.
Secondly, Yiya returned tooth, and the mainland announced last night that it will impose 5 % or 10 percent tariffs on US $ 60 billion in commodities in the United States.
This is exactly what Trump warned in advance and must not be relative to revenge. Now it depends on whether Trump will increase the remaining mainland imported goods.Essence
The hardliners in the mainland believe that China's economic constitution is not the same as before, and emphasizes that the US tariffs are impact and have limited impact.Ten years ago, China's dependence on exports was close to 70 %, and the trade war could not be hit at all, but at the end of 2017, the dependence had dropped to about 10 %.
Last year, the total amount of GDP was 82 trillion, and the contribution of exports was about eight trillion. Among them, the United States contributed one -third, so if the trade war was to the end, the mainland did not export to the United States.○22 to ○ 00.5 %.
Having said that, it is estimated that the psychological level is negligible. As long as the U.S. OnePlus tariffs, the Chinese stock market must have fallen sharply the next day. Since the start of the trade war, the exchange rate of the RMB against the US dollar has depreciated by nearly 10 %.
There are also liberals in the mainland who saw Wuyun's silver edge, thinking that the crisis is a turnaround, which happens to change China's market economy.At present, the political impact on the market is too great. If China wants to deepen reforms and even force reforms, it is necessary to open market access. The proportion of foreign capital holdings is to be based on Trump, the United States, and the trade war.
