Analysts: Trade war or continue until the US presidential election next year

Trump said on Wednesday that he took a strong stance on China's economy and trade policies, which will eventually benefit the US economy.(Associated Press)

Former US trade negotiation representative Carter said: The US -China trade negotiations are in a serious predicament.The mutual trust between the two parties is getting lower and lower, and Washington and Beijing are increasingly believed that it may not be better to reach an agreement, at least so far.

(Washington Composite Electric) Analysts increasingly believe that the Sino -US trade war may continue to heat up, even after the US presidential election in 2020.Representatives of former US trade negotiations pointed out that China and the United States have become lower and lower in mutual trust in each other, and the two countries have even begun to think that it is better not to reach an agreement for the time being.

The ups and downs of the Sino -US trade war, the trade negotiations, which were originally revealed, fell into a deadlock in May this year, and then ended with a break.U.S. President Trump and Chinese President ... In June, he attended a trade war ceasefire agreement during the Summit of the 20th National Group in Osaka, Japan, but in fact it was in shape.The collision of the two major economies in the world has shocked the international financial market. Central banks around the world have cut interest rates to prepare for the worst cases that may occur.The market expects that the Sino -US trade war will continue to heat up, which may continue until the US presidential election next year.

In the past week, Sino -US relations are particularly bumpy.Trump suddenly announced last week that from next month, a 10%tariff was imposed on US $ 300 billion in Chinese -American transmission and US -US transmission.; The U.S. Treasury subsequently listed China as a exchange rate manipulator, the first time since 1994.

Trump said on Wednesday that he took a strong stance on China's economy and trade policies, which will eventually benefit the US economy.He also pointed out that China is killing the United States with unfair trade.

White House officials said that they still expect that Chinese negotiating representatives will go to Washington in September to negotiate. If both parties can make progress on the trade agreement, the newly announced tariffs in the United States may still be avoided.

However, the Sino -US trade war may also continue, which will seriously pose a serious threat to the weak global economy.The International Monetary Fund expects that global trade will slow down for the second consecutive year this year.Topo Ford, head of the global asset allocation department of Manulife Investment Management, said: In the next 10 years, we will continue to talk about the Chinese and trade war.This will never stop.

When Trump broke the ceasefire status of the trade war last week, he announced that he had imposed tariffs on Chinese goods, and also accused Beijing of intentionally delaying trade negotiations. He hoped that it would be dragged on the US presidential election next year.He said that Beijing Pakistan had to lose the presidential election next year in order to change trade negotiations with the new president of Democratic Party.The Associated Press commented that no matter whether Trump said is true or not, it is undoubtedly that he is unpredictable. Such a style is difficult to obtain trust in people, especially on the negotiating table.

Trump's negotiations with Mexico may provide a reference for China.Last year, Trump forced Mexico to nod to accept the new version of the North American Free Trade Agreement, but in the next few months, he repeatedly refused to cancel the tariff on Mexican steel.Regret.

Li Wei, who had served as the White House economic consultant during his former US President Bush, pointed out: I believe that China has referenced Mexico's experience.From the perspective of China, it is becoming increasingly difficult to imagine what a agreement that can be exchanged for trade peace will look like.

Other factors that hinder the negotiations from China -US trade negotiations also include: as the US presidential election approach, Trump is more inclined to avoid reaching a trade agreement that may attract the Democratic presidential candidates; ... thenThe concession is to be regarded as being deemed to be weak to the enemy.

Hu Xijin, the editor -in -chief of the Chinese official media, posted a post on the 8th, saying that the repeated bullying of Washington has made the recent negotiations between China and the United States lost meaning. At present, China ’s internal mobilization has resolutely struggling against the United States.He said that China and the United States are now getting worse than an earlier round.