Last Friday (October 4), the European Union voted to levy a maximum of 35.3%of the anti -subsidy tax to the electric vehicles imported in China, at least five years.This additional tariff will be levied on the basis of existing 10%tariffs.In response, the Chinese Ministry of Commerce stated that the EU's move will shake and block the confidence of Chinese companies' confidence in European investment cooperation, and pointed out that the Chinese European technology team will continue to negotiate on October 7.
The China -Europe negotiations obviously have not made progress.The Chinese Ministry of Commerce issued an announcement on Tuesday (October 8) to take temporary anti -dumping measures for Bailan Di imported from the EU.From Friday (October 11), the import of EU Bailan Di must pay 30.6%to 39%of the Chinese customs.It pointed out that European Bailan land manufacturers dumped Bailan Di to the Chinese market at low prices and harm the interests of Chinese manufacturers.
On the other side of the Atlantic Ocean, the US President Biden not only retained Trump's penalty for a punitive tariff on about $ 380 billion in Chinese goods, but also increased the tariffs made from Chinese -made electric vehicles from 25%to 100%.Solar batteries are levied by 50%tariffs to levy 25%tariffs on steel, aluminum, electric vehicle batteries and key minerals.In addition, the US Department of Commerce announced that since 2027, it is forbidden to sell, electric and self -driving cars that use Chinese and Russian software and hardware in the United States.
The World Trade Organization pointed out that the number of trade restrictions has increased significantly since 2016 to 2017.At the same time, the World Bank data shows that nearly 3,000 trade restrictions were implemented worldwide last year, which was about five times that of 2015.
Global trade restriction measures are in the ascendant.The Ministry of Commerce of China is considering tariffs on European pork and dairy products and large displacement fuel vehicles.On the other hand, US Treasury Secretary Yellen claims that a large number of cheap products in China have a serious threat to the global economy and hopes to cooperate with Europe to prevent China's electric vehicles, batteries and solar panels dominate the Western market.US trade representative Dai Qi further pointed out that raising tariffs and investment cooperation is to revive the "legal and constructive tools" of the US industry.
The intensified geopolitical contradictions, coupled with protectionism, have transitioned the global production structure from the past international division of labor to the near -shore outsourcing and Youkan outsourcing.This exacerbates the campization and regionalization of the global supply chain.Tariffs and non -tariff barriers also change the flow of investment funds.Some countries invest in third countries to avoid trade restrictions.However, the zero -harmony game thinking of geopolitical politics has led to the suffering of pond fish in the third country.
Many years ago, after the United States levied tariffs on solar products imported by China, many Chinese manufacturers transferred their business to Southeast Asian countries that were not affected by tariffs, and exported products from these countries to the United States to avoid US tariffs.Some domestic solar board manufacturers appeal, and cheap products in Southeast Asian countries have harm their interests and require government taxes.The US Department of Commerce recently released news that 2.85%to 23.06%of the solar panels exported to Malaysia, Thailand, Vietnam and Cambodia were levied.It will continue to surveys the anti -dumping and anti -subsidy investigations of the four countries until next year.
Trade restrictions to subvert the global economic order since World War II.Many countries have implemented trade restriction measures on the grounds of anti -dumping, anti -subsidy or national security.Although tariffs can bring additional income to the state treasury, it aggravates the burden on consumers.Economists have seen the disguise to increase personal income tax.
Former US President Trump threatened that if he was elected again, 10%of the imported goods would be levied on all imported goods and levied 60%or higher taxes on China.The US Think Tank Peter Sen Institute of International Economics pointed out that this will increase the annual expenditure of general American families by about $ 1,700.
Secondly, the trade barrier has made the global supply chain longer and complicated, and the international diffusion of technology is restricted, reducing efficiency and increasing costs.The preciousness of free trade is that when you are in love, you will communicate or not, and obtain the benefits of comparative advantages.According to the advantages of production factors, each country is each, value and profit on the upstream and downstream industrial value chains.
However, in the environment where geopolitical contradictions deteriorate today, many countries have built trade barriers on the grounds of developing "strategic industries" or "national security".Politic considerations are above the economic interests, and trade weapons further weaken political mutual trust, causing global security to be tested.
Global trade restrictions are one after another, which can be said to be a threat of survival.State -funded Li Xianlong recently pointed out at a dinner held by the Singapore Industry and Commerce Federation that global challenges facing science and technology and geopolitics. As a small country, Singapore must face reality and continue to survive in an unfavorable international operating environment.