(Bloomberg, Washington) Bloomberg published an analysis article on Monday (February 12), saying that no matter who won the US election in 2024, China is a loser.
Former US President Trump is fighting for the Republican Party nominating him as a candidate for the presidential election this year.If he succeeds, he will challenge the Democratic Party's president Biden in the general election on November 5.The article pointed out that Trump ’s trade war launched by Trump destroyed Sino -US economic relations. If he was elected again, Sino -US trade ties may be completely cut off.
Trump proposes that if he is elected, 60%of tariffs .According to Bloomberg's economic research data, this will lead to the planned export value of US $ 575 billion (S $ 773.58 billion) to the United States.
In addition to tariffs, Trump also hinted that new ban on two -way investment in the United States and China, excluding China in the United States in the United States, to ensure that US funds will not promote China's rise.
Trump's remarks may put pressure on the current President Biden, Forced the latter to take more severe measures to China before the election day , such as new restrictions on China in many fields such as data security and electric vehicles.
Analysis of the article, the key difference between Biden and Trump is that Trump's approach has a stronger trading nature and often appears to "fight alone".Trump has repeatedly disputes with American allies and opponents on trade issues. He plans to implement punitive measures for the European Union after his election.Biden established a wide range of alliances, such as persuading the Netherlands and the Japanese government to squeeze China in semiconductor technology.
Chinese officials who do not want to be named have revealed that although Trump's behavior is difficult to predict and often aggressive, he likes to reach an agreement and may weaken the efforts of Biden's cooperation with allies.
Sang Baichuan, a professor at the University of Foreign Economic and Trade and a consultant of the Ministry of Commerce of China, believes that whether it is Trump or Biden, Beijing will face a overall strategy as a US president with "excluding and curbing China's development".
