Trump-China Tariff War: Who is gaining so far? | Trade War News

The United States President Donald Trump has stopped “mutual tariffs” to the US main trade partners April 9lowered them to China’s goods. Most of the United States trade collection reached 145 percent. Beijing revenge with his duties, 125 percent of US goods.

Trump accused the United States, to trade the tariffs, and exploit their tariffs to trade local production and reshore work again with trade. Wants to use tariffs to finance tax deductions. Most economists will achieve its goals as a skeptic trump.

The United States and China are still locked in chicken chicken game. The world expects to see which country will surrender and what country will continue. As Trump seconds the first 100 days in the office, the Tariff War with China stops:

What happens by negotiations?

Trump has recently played the opportunity to provide a trade deal with China. Last week, US President gossip His tariffs will be “China” in the near future.

“We will get a fair deal with China,” Trump said on April 23, with conflict the hopes of escalation. He also said that he negotiates with the Chinese side without the management.

On April 24, the Chinese Ministry of Commerce said the speech of President Trump Negotiations do not occur between the two countries.

“Any claims related to the progress of Chinese-US economic and trade negotiations are unfounded and there are no truth,” the ministry spokesman Yadongun spokesman said.

While Beijing insisted on Washington’s economic coup, he also said that the door is “wide open” for the talks.

Last week, Reuters news agency said China used freedom for selected US imports – 131 products.

Beijing has not made any statement on the issue.

Did the Tariff War affect the US exports?

Trump presented the tariffs for sweeping in China, who is less than three weeks ago. The fall for US enterprises will not be felt until the end of this year. However, warning signals are already red.

Information from the US Department of Agriculture shows that the exports of soybeans are exports to the largest US economy – on April 11-17, the first week of the report fell sharply to the first week of the report since the Chinese tariff announcement.

Until April 17, the United States decreased by 50 percent compared to the previous week, US Soybeans. This was 67 percent of the weekly soybean exports, 67 percent of exports to China, which are the largest exporter of selfless to recently.

Piergiuseppe Fortunato, Professor of Economics at the University of Neuchatel in Switzerland. He added that all sectors exposed to China will be filtered.

In 2023, the United States exported about $ 15 billion in oil, gas and coal. Losing this market will hit the US energy companies.

Is it imported to get a shot to the US?

Trump has reduced cargo transportation since the date of starting the Tariff War. Linerlytica, according to a shipping information provider, has decreased by 30 percent in the United States in April.

A sharp decline in sending American’s third largest trading partner is not yet felt after Canada and Mexico. In May, thousands of companies must reset resources.

According to Bloomberg News, retail giants are likely to have a goal of Walmart and target, empty shelves of Trump last week and higher than next month. They also warned that the supply shocks could be out of Christmas.

Electronic devices such as television kits and washing machines, in 2022, 46.4 percent of the United States. The United States also imports many items and pharmaceutical products from China. The price of these goods will begin to rise from next month.

On April 22, the International Monetary Fund raised the US inflationary forecast in 2025 to 3 percent – a higher point higher than January. The creditor also reduced the US economic growth forecast, and this year has increased its expectation in the decline this year.

How will the Chinese economy affect?

Despite the growing tension between the United States and China, Washington and Beijing remain basic trading partners.

According to the US Trade Representative Office, the United States imports $ 438.9 Billion In Chinese goods last year.

This is about 3 percent of the total economic speech of China, which is very confident.

This month, in a report shared with customers, Goldman Sachs expects Trump tariffs to drag the total number of China’s gross domestic product (GDP) up to 2.4 percentage points.

China’s high-ranking officials can do without the American farm and energy imports and can achieve 5 percent GDP growth target for this year.

Deputy Chairman of the National Development and Reform Commission Zhao Chenxin, said that the United States would be enough to meet the demand with the production of non-imports, internal economic and energy.

“If we do not receive food from the United States, we do not affect the supply of our country,” he said on Monday.

When companies stopped importing the Fossil Fossil, he said that China will be limited to the energy supply.

In some sense, experts said China has prepared for this crisis.

Fortunato, “China’s largest export markets, so tariffs will slow GDP. But in this cleverly, this smart played in 2018 due to the fact that the first Trump Commercial War.

He also noted that “About 60 percent of the United States depends on China Critical mineral Import of clean energy used in everything from the military technology. The opposite flow is not just there, so the United States is more sensitive. “

Can US Geopolitical position to lose?

Trump contained a small secret that the US allies want to call on the war. He said he aims to hit free trade deals with the European Union, the UK and Japan.

In general, the reports show that Washington’s economic relations with China to free the economic ties with China, to divert economic relations with China as a pre-release of Trump’s “mutual” tariffs.

Nevertheless, the US allies appear to be in the opposite of any economic demonstrations with China. Last week, the European Commission said there was no intention to “complain” from China.

In another place, UK’s British Chancellor recently told the Daily Telegraph: “China is the second largest economy in the world, and I think it is very foolish to do not engage.”

Many countries are not in a position to leave trade relations with Beijing. The EU has a great trade deficit with China, especially China. Cutting the entrance to Chinese goods – both consumer products and industry entrances – will now be bruised the slow economy.

Throughout the developing world, China’s trade role is very important. About a quarter of Bangladesh and the import of the Cambodia is from China. Nigeria and Saudi Arabia depend on Beijing to import goods in the same way.

“It is difficult to see why the countries want to shake their business interests in the interests of America to test and decrease trade.” Said Fortunato. “At this point, I think Trump is seen short and can be forced to blink first to reduce tariffs with China.”

Does Trump lose his grip to the republic’s voters?

There is no need to worry about the next election period of the Chinese Communist Party. The Republican Party of Trump is, so Pekin has a political top hand in Trump’s trade war. Simply put it, there is more time on his side.

For the Trump’s Party, Saber is already in politically expensive. New Economist-yoegov Americans in the survey were harmed by the Americans of Trump’s economic actions more than a 30-point margin.

Approval of the public of the President’s Economic Administration was down for a while: A 37 percent fell Reuters-Ipsos Survey The lowest score in this survey, which is broadcast on March 31.

If the Trump Course stays, it is likely that its approval ratings are still declining, the Republican Party can threaten the fragile grip in the US House of Representatives and maybe Senate, experts.

“For these reasons,” Fortunato said: “China is not forced to escape to the negotiating table to ensure the trade deal.