China Times speech: The trade war may still slow down

Taiwan China Times Ministry of speech

On September 1, the United States launched the fourth round of tariffs on China's imported products. In response to 300 billion US dollars of tariffs, the Chinese Ministry of Commerce announced on the 2nd that it will file a lawsuit under the WTO dispute solution mechanism.It has caused the Sino -US trade war to be intensified and the negotiations in September.

In fact, WTO has been weak for many years, and it is difficult to have influence on the two parties to the Sino -US trade war, let alone playing the role of arbiter.In particular, the United States still dominates the operation of WTO. China lacks its home advantage. The lawsuit is designed to highlight the two camps of unilateral monopoly (referring to the United States) and multilateral trade (China).a bit more.

What's more, once the lawsuit process is unfolded, it will only have results for several years. For China, this is a bit unsuccessful.In September, the U.S. tariffs increased the prospects of the negotiations between the two countries to add haze, but on the current situation, China and the United States eventually had to return to the negotiating table.In other words, unless there is an accident, the Chinese side has sued the United States to the WTO, which will not affect the negotiations between the two countries in September.

In addition, the APEC (Asia -Pacific Economic Cooperation) Leadership Meeting in November is another noteworthy occasion.Another wave of tariffs on the United States will be launched on December 15th. If the negotiations have been negotiated in September, there will be no occasions between China and the United States.Where.

As long as Xi and Specials can release goodwill at the APEC meeting, the Sino -US trade war will have the opportunity to ease.From this point of view, the key to Sino -US trade disputes in the future is not at the WTO, but in the APEC Summit in November.