Source: Taiwan Economic Daily
China has suddenly announced that it has levied anti -dumping tax on imported phenol classes, of which about 10.6%of the national tax rates from Japan and the European Union, but 287.2%of anti -dumping taxes for phenols from the United States are obviously aimed at the United States.This has been two weeks since the trade war in the United States and China for the second time, and it took the second time to fight back, which represents a profound political meaning. Sure enough, the United States and China announced that the new negotiation was launched in October.
At the end of July, after the failure of the 12th trade consultation in the United States and China, Trump immediately announced that the tariffs on the US export of US $ 3,000 billion in US $ 3,000 would be increased to 10%; then China announced the reduction of imported agricultural products to the United States.The exchange rate also fell below 7.At this time, these reactions in China are expected by everyone, because China's weapons can be used limited, and in the past year's negotiations, China has also been endured.Agreement.
However, on August 23, China suddenly announced that it would levy 5%to 10%of tariffs on US $ 75 billion in US $ 75 billion in US counterparts.It may not be in the calculation of the United States and Trump at all, because China's countermeasures suddenly came after a period of time, that is, China seems to be trying to take the initiative, rather than sitting on the United States to come out to the United States out of the United States.Just recruit.Sure enough, Trump was annoyed, so he immediately countered, including increasing tariffs from $ 250 billion from 25%to 30%, and implemented from October 1st. In additionTariffs increased from 10%to 15%.At the same time, Trump also changed his mouth ... it was an enemy and asked American companies to withdraw money from China.It can be seen from these major actions of Trump that China's tax increased action is obviously beyond Trump, which can cause Trump's so angry.As a result, while Trump took a big move, the Dow Jones Index fell nearly 600 points on the same day.
A few days ago, Trump threatened that China is best to reach an agreement with the United States quickly, because if he is re -elected, the trade conditions proposed by the United States in the future will be much worse than now.In China, Chinese enterprises, work and funds will be greatly affected by then.As a result, China not only did not listen to it, but announced the next day that the anti -dumping tax imported by the phenol imported in the United States was increased to 287.2%. Under such a high tariff rate, basically the United States' phenol should not enter China again.This time the tariffs on phenols were the second time in China to fight back, and it should be unexpected than the United States.
Why did China suddenly take counter -control movements?This has never appeared in the trade war for more than a year, and it has appeared twice in half a month.There are several possible reasons, one is the attitude towards China in the Hong Kong incident, and the other is that Trump announced on August 19 that 66 F16V was sold to Taiwan.Many people believe that these two things should be the main reason for China's extremely dissatisfaction with the United States, and also leads to major changes in China's position in the trade war.
Another important reason is related to the US election that Trump is about to face.Since taking office, Trump has been preferred in the United States. He forced to negotiate the free trade agreement such as Jiamo and other countries, and also launched a trade war on the European Union and Japan.And enables the United States to return to great.Trump also put on the same attitude towards China, so he continued to raise tariffs on China and raised negotiation chips until China compromised.However, after more than a year of negotiation, not only did the two parties not reach consensus, but the tariffs were higher and higher, and it should be completely unexpected.
Now that it is getting closer to the US election time, Trump should want to reach negotiation with China as soon as possible. As a result, China has begun to take the initiative. This strategic change will make Trump unclear China's attitude.And Trump's fickleness has both Chinese hard and hard, and is another master.In short, what is the final result of the US -China trade war?Who is the final winner is still difficult to say, let us continue to watch!
