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Donald Trump’s latest tariff attack on China, the possible “Grand Bargain” emperor between Washington and Beijing can be a hard injury between the two largest economies of the world.
In addition to 65 percent of those detachable in China, the US president added 34 percent tariffs for the US President, adding 34 percent tariffs, and before then entered the White House.
Economists and analysts will dramatically reduce China’s GDP growth this year and redistribute Beijing to re-share the domestic consumption – many experts to defend for a long time.
However, the punitive nature of the tariffs was also created as a result of negotiations Greater deal to reduce tension Outside of trade, for example, in the edge of trade, such as tension on Taiwan, even between superficial powers.
“Negotiations … Between. The tariffs are almost difficult to reduce bilateral trade.”
With Deadline for sale Saturday, Tiktok’s US operations, a man familiar with the issue in China, said that Beijing is open to an agreement on a short video platform.
Another man familiar with the issue in the United States said that China offers a number of concessions with the hope of interrupting the worst of China tariffsFulfillment of Trump’s first time trade agreement to increase the “Phase 1” trade agreement, America’s production work.
“China and America are such great forces and are very interactions on top of each other,” he said. “It will be time to sit for negotiations.”
Miao Yanliang, Directorate of Management and China Broker, Deputy Research Office CICC, said that the producers were due to a busy market competition Small room to reduce the edgesThe value of the tariffs that means will move to US clients.
China also dominates markets for many goods such as 68.5 percent of the global smartphone market, 65 percent for PCs and 65 percent for toys and toys, will be an alternative to consumers.
“Tariffs can really hurt US consumers last time,” Miao added that Trump referring to the first term in the office.
The deepening trade war comes in a Sensitive point for Chinese leader Xi JinpingWith the growth of the property sector and deflation, they exported to exports to manage the world’s second largest economy.
The Chinese Ministry of Commerce has immediately threatened the “Dark Contraindications” immediately after Trump’s tariff announcement.
China was among the biggest goals of Trump Reciprocal tariffs opened Wednesday. The charges of the total country in the country’s goods have threatened the charges and election campaign – previously exceeded the 60 percent of the worst scenario.
Tariffs 2.4 percent of China’s GDP growth will be completed in 2025 before taking into account any measures to reduce the impact of Beijing, as a result of general exports in 2025.
They added that the level of 65 percent of the tariff level represented Beijing a large stimulus package, making money policy and adjust the exchange rates.
China can also take countermeasures against US companies and exercise more export controls in rare areas and other US goods. Beijing has already targeted $ 36 billion of US exports Biotech Illumina and Calvin Klein include energy, farm products and cars and companies including PVH Corp.
Trump has also targeted the countries that Chinese companies are redirected by the United States such as Vietnam46 percent of the tariffs hit.
Morgan Stanley, the Chinese economist, Robin Xing, in China, the “indirect affect” in China, the “indirect affect”, the global trade, which will hit China as the largest exporter of the United States, wrote that the global trade is slowed.
Gao, Trump’s “Tariff Dependency” can create a common basis for trade talks between China and the EU, as between China and the EU.
However, the EU complained with the growing trade deficits with China, they do not want to win additional exports, the analysts noted.
Instead, Beijing must take radical steps to increase domestic demand, economists, EU and other trading partners also said a good intention.
This will require a higher and more targeted stimulus package The plan was declared last month4% of Beijing GDP has set a central government deficit of 4 percent.
“Try to capture the leadership of China’s rest and protect the liberal trade order,” said in HSBC
“After that, it would mean that Japan, South Korea, Australia and the European Union will be exported to China and get less competitive pressure.
Neumann, the rapid rebuild of China’s economy would be “Monumental Position”.
“But at the same time, now it has a real limit to China’s growth model for the first time … This was a great success in recent decades.”
Joe Leahy, Beijing, Edward White and Thomas Hale, Shanghai and Cheng Leng by Ryan McMatrow and Wenjie Ding, Shanghai and Cheng Leng, Chan Ho-on and Gloria Li Hong Kong
