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Business correspondent
US President Donald Trump, as in almost each of America’s trade partners in Wednesday, there were strong words for Beijing.
“China’s presidential Xi (Jinping) has great respect for China, but we have great advantages because we receive great advantages,” Trump, at the time of the clock
Saying that there are trading barriers to us, Trump, Trump, Trump said: “You look at this … Chinese, including currency manipulation and trade barriers, including currency manipulation and trade barriers.”
“We will charge 34% of the discounted reciprocal tariff,” he said. “In other words, we charge us, we charge them, we charge less. How was someone upset?”
However, the Chinese Ministry of Commerce immediately called the action of “a typical action of one-sided violence” and instructed to take “determined conflicts to protect their rights and interests.”
And the State News Agency has accused the Trump of the Trump of the Xinhua “Tat Tat Play on Trade Holiday.
Experts think that Beijing is a good reason to get upset.
The latest announcement for one is an additional addition to 20% tariffs available in Chinese goods.
Second, by applying heavy tariffs to other Southeast Asian countries, including Cambodia, Vietnam and Lao, China, Trump’s first time was eliminated in Beijing ‘closed’.
There are five Asian people in 10 countries, and the territories hit the highest tariffs.
Trump, since returning to the White House in January, has introduced new tariffs to Chinese imports and remained up to 20%.
In less than one week, these tariffs will jump to 54% other than such cars, steel and aluminum, which will be exposed to low tariffs.
Beijing was also at the end of the reception of another Trump trade salvos.
Earlier, President of the President signed an executive order to end a provision for low-valuable parents from China.
It allowed China to send packages with retail sales, like Shein and Temu, like TAX and checks, such as Sheen and Temu.
According to customs data, 1.4 billion supplies in the last fiscal year received the United States for information provided for in the near future.
The exception of the exception can force some Chinese companies to compete in the United States, compete in additional costs to customers.
When taken together, this is a concern for Beijing, Deborah Elms, Hinrich Fund’s consultation, he said.
“I do not think that new tariffs are definitely directed to China. However, when the United States gathers tariffs on top of each other, the numbers become water quickly.”
“China and the Chinese will have to take revenge. They will not sit back and be able to watch it.”
Trump also applied to 46% to 49%, Vietnam, Laos and the Cambodia.
This states that “Beijing is a fully frontal attack on the extended supply chain of supply”, “said Stephen Innes SPI Asset Management.
“Others in Vietnam … and others in the peripheracy are the collateral damage caused to be the most aggressive regulation of US trade policy,” he said. “This is not for Tat – this is a strategic protection with the Tariff War.”
Among the poorest countries in the region, Laos and Cambodia depend on Chinese investment on the supply chain infrastructure. High tariff rates are expected to hit both countries.
China is the largest trading partner of Vietnam. In the first period of the Trump, the United States was one of the main beneficiaries.
In 2018, Trump hit porcelain with tariffs that cause some enterprises to re-think about their places. Some chose to transfer the production to Vietnam.
This has led to an increase in exports from Vietnam to the United States, with Chinese companies producing for contributing to this figure.
“Vietnam is openly targeted as a pipeline for the role of previous tariffs for previous tariffs for previous tariffs,” said Stephen Olson’s former US trade talks.
Although the United States remains the largest export market in Vietnam, China’s largest goods supplier is an accounting for more than a third of imports according to the latest official information.
Chinese companies were behind almost all three new investments in Vietnam last year.
Pushan Dutt, a professor in a stubborn work, said that new taxes in Southeast Asia will be “banned” for China.
“There is a problem with China’s demand, and the last Trump management turned tariffs to tariffs and reacted to the tariffs with Southeast Asian peoples. This door was closed.”
However, TAX of Trump in the region will also affect the company that produces goods in Southeast Asia.
For example, technology giants apples and intel and sportswear Nike is also American enterprises in Vietnamese.
An American Chamber of Commerce is a recent investigation in Vietnam, the majority of US producers are waiting for employees if the tariffs are applied.
China has a question to respond to new tariffs before it’s just a few days ago before they took effect.
Mr. Olson said he expects other measures to be more difficult to respond to “Forcibly” and US companies in China with fares and other events.
Beijing, who faced the difficulties with the Chinese economy, said that Beijing is against “hard choices” in the coming days.
“Export to other regions threatens discounts in these areas – and political leaders are less likely to accept it. This should finally show the domestic demand and Chinese house,” he said.
Tariffs may also be able to try and build unions with other Asian peoples who are at the end of the tariffs.
Wang Huiyao, a former Chinese Communist Party working with the Chinese and Globalization Center, called Asian countries to “work together to spend this difficult time.”
“In the end, the United States can lose all the effects and isolate himself,” he said.
Some discussions are already being carried out. China, South Korea and Japan recently spent their first economic talks in five years.
They agreed to accelerate negotiations for the offered free trade agreement for the offered free trade.
New tariffs, so it can give extra incentives.
However, Beijing can face some short-term pain while negotiating with Washington.
“As a result, the United States and China are leading the table, which will try to reach a kind of magnificent transaction type in large matters,” Mr Olson said.
“It will not necessarily happen and expect everything to worsen before you get better.”