After a long period of hard negotiations, the United States made a paper list and restarted the trade war with China.
On June 15th, the U.S. government issued a list of goods subject to tariffs, which will impose a 25% tariff on about $50 billion of goods imported from China.
In just six hours, China immediately responded strongly, announcing that it would immediately introduce tax measures of the same scale and intensity, and all the economic and trade achievements reached before would be invalid at the same time.
Looking back at the Sino-US economic and trade friction, from May 3 to June 3, the three consultations between China and the United States moved towards solving the problem in frank communication. Today, the Trump administration is once again "out of the picture", completely ignoring the consensus reached between China and the United States. The coming punitive tariffs will not only burden the two largest economies, but also burden many other countries.
Many foreign media have noticed that Trump finally "pulled the trigger". But it is not so much "aiming at China" as "shooting at the world".
The Atlantic Monthly published an article on June 15th, saying that Trump has always wanted to fight a trade war, and now he has several games to fight … …
The article said that Trump opened another front of the global trade war, and the person who picked things up … … Yes, it is America.
When President Donald Trump announced Friday that he would slap billions of dollars’ worth of tariffs on certain Chinese goods, he opened up another front in what’ s becoming a global trade war— one whose main aggressor is the United States.
On the 15th, US President Trump announced that he would impose tariffs on certain China goods worth tens of billions (actually 50 billion). He opened another battlefield of the global trade war. The main provocateur of this trade war is the United States.
Another front? Are there many battlefields for trade wars in the United States?
Yes, not only China, but also the United States has spared even its allies … …
The United States, which travels all over the world in trade.
The United States has made many enemies in trade recently:
First came Canada, the EU, and Mexico; now it’ s China’ s turn.
First, Canada, then the EU, Mexico, and now it’s China’s turn.
Deutsche Welle has sorted out the recent "new hatred and old hatred" of the United States in trade. Let’s take a look at the trade relationship between the United States and the world.
EU
According to Deutsche Welle, since Trump took office, he has been worried about the US trade deficit with the EU, especially Germany:
To try and narrow the deficit, he has threatened to slap tariffs on EU cars, a move that could severely hurt German automakers.
In order to narrow the trade deficit, he threatened to impose tariffs on cars in the European Union, which would have a serious impact on German automakers.
Up to now, Trump has begun to impose tariffs on steel and aluminum in the EU:
The US exempted the EU from a 25 percent steel tariff and 10 percent aluminum tariff in March. But it lifted the exemption on June 1 despite vehement European opposition to the decision.
In March this year, the United States announced that it would exempt the EU from 25% steel tax and 10% aluminum tax. Even if Europe strongly opposed it, on June 1, the tariffs that had been exempted were added back.
In this way, perhaps you can more intuitively understand the explosive picture on G7 posted by Merkel’s Twitter, and why many Germans said that "if this photo is posted during the election, Merkel’s support rate will definitely rise" … …
Macron tried to dissuade American allies from imposing tariffs, but Trump didn’t seem to listen … … Macron also bluntly said on Twitter that "we don’t mind G7 changing into G6" & hellip; …
When they met and shook hands in G7, Macron unceremoniously took Trump’s hand out of the white line … …
Canada, Mexico
Compared with the European Union, the dispute between the United States and Canada is probably the most obvious, and the "mouth gun" is also the most lively.
Although he has been a neighbor+friend for many years, Trump was already unhappy with the trade between these two countries and the United States during his campaign in 2016 … …
Trump pledged to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico during the 2016 election after calling it the "worst trade deal ever." He has threatened to withdraw the US from the agreement since negotiations over its renewal began in mid-2017.
Trump once called NAFTA "the worst trade agreement" in the 2016 general election, and he promised to renegotiate it with Canada and Mexico. In mid-2017, when the negotiations ended and the agreement was back on the road, he threatened to withdraw the United States from the North American Free Trade Agreement.
Now, like the European Union, the United States, on the grounds of using national security as a justification, has also imposed tariffs on steel and aluminum on these two countries:
Canada and Mexico also received exemptions to the steel and aluminum tariffs along with the EU. And as with the EU, the US lifted the exemptions for both countries at the beginning of June.
The British "Independent" said that Canada has maintained peaceful relations with you for 200 years (this is a country that has had peaceful relations with the us for 200 years)!
There was an episode in which Trump had a grumpy phone call with Canadian Prime Minister Trudeau … …
During a tetchy phone call last month to discuss looming steel and aluminum tariffs, Canada’ s prime minister, Justin Trudeau, reportedly asked how Trump could justify the new duties on national security grounds.
Last month, the two had a grumpy phone call about the upcoming steel and aluminum tariffs. It is said that Trudeau asked Trump how to prove that tariffs are related to US national security.
But Trump blurted out one sentence:
Didn’ t you guys burn down the White House?
Didn’t you burn the White House?
Of course, The New York Times quickly corrected his mistake and said: This is really not … …
After the G7 summit, he sent two tweets to Canadian Prime Minister Trudeau, calling him "very dishonest and weak".
At the G7 Summit, Canadian Prime Minister Trudeau behaved so meekly and gently, but after I left, he held a press conference and said, "American tariffs are somewhat insulting" and he "will not be pushed around". He is really dishonest and timid. Our tariff is actually a response to his 270% tariff on dairy products.
Being taxed in the name of "national security" by the United States, everyone said that they were innocent, and they all wanted to pay back blows with blows … …
They are all threatening retaliatory measures and the rift overshadowed the summit, leaving the American president isolated at times.
All three parties indicated that they would take retaliatory measures. The cloud of discord hung over the summit and the President of the United States was isolated.
As the Financial Times said, the relationship between the United States and its allies has fallen to the freezing point … …
Be enemies of the world, hurt others and hurt yourself.
Al Jazeera pointed out the current situation of the United States: "being an enemy of the whole world." The article points out that although the relationship between the United States and North Korea has eased, its trade policy has separated the United States from the world.
The British "Independent" said that the United States has always been the greatest beneficiary of free trade, and its economic development speed is faster than that of other developed countries.
But now the Trump administration is getting farther and farther away from free trade … … First of all, this is very unfavorable to the United States:
It could tear apart an American-designed world economic order that, by and large, has served the U.S. and its allies exceptionally well. The question now preoccupying world leaders from Berlin to Tokyo is, “If Canada isn’ t safe from the U.S., who is?”
This will tear the world economic order established by the United States, which has benefited the United States and its allies to a great extent. Now, from Germany to Japan, world leaders are caught in speculation, "If the United States refuses to let go of Canada, who else can it let go of?" (Toronto Star)
Secondly, the United States’ obstinacy has also brought more uncertainties to the global economy.
The International Monetary Fund (IMF) warned on the 14th that the US government’s trade policy of imposing tariffs and other import restrictions will pose risks to the global economy and trading system.
The International Monetary Fund warned on Thursday that U.S. President Donald Trump’ s new import tariffs threaten to undermine the global trading system, prompt retaliation by other countries and damage the U.S. economy.
(Author: Li Xueqing)
