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BBC Chinese correspondent
American companies wishing to sell to the Great Chinese market have just taken a big blow. The growth of all US goods, which includes the country, will be completely a little.
This is especially bad for us for agricultural producers for us. In response to the last round of Trump tariffs, there were 10 or 15% of tariffs on the products entered in China. Now if you add 34% on top of this, it is likely to remove most of them.
Beijing doesn’t look much worried about looking anywhere for chickens, pork and sir, but at the same time – it knows that it is right in the heart of the US president.
In a global scale, the analysts of all this are concerned.
The problem is that the supply chains have become so international, and the components in any product can be caused by all corners of the planet.
Thus, when the ripples of economic difficulties begin to spread from the country to the country, it can lead to potential catastrophic consequences for all trade.
Most of each other in the throats, which show that the two largest economies in the world are now in each other’s throats or to withdraw.
Just take the time of Beijing ad.
The Chinese government announced the latest tariffs of the Finance Ministry on 18:00 at 18:00 in 18:00 in the Ministry of Finance (10:00 GMT), and the latest tariffs of “determined measures” of the latest measures of Trump.
Timing can mean several things.
1. He wanted to bury the news at home, so he was not very happy with people.
2. Just announced the announcement as soon as possible until their calibration.
3. Beijing refused to use this small window, which came into force to reach 54% of Trump’s Chinese goods for the next week. Thus, the government decided to allow only growing.
The last of these reasons is a very bright news for the world economy, because many of the settlement between the world’s superpowers can be more difficult than expected.
President XI can see what the other indication of the President Trump’s tariffs is announced.
Elsewhere governments can be attached to television and hoping to stay worst from Washington.
Not here.
The other six members of the Poor and Politburo Standing Committee planted a tree to draw attention to those who need to go against the forests.
Trump presented a kind of calm in front of the trump, giving a vibe along the lines, do the best Washington, we are not interested in this Chinese and nonsense.
There is still place to cut a kind of deal in the United States and China, but the rhetoric does not appear in this way.
Another possible road has increased trade with other countries for China, including Western peoples, including close US allies and from the loop from the loop for these new routes.
However, this would damage US consumers not only than US companies, but also to the tariffs of Trump.