Trump’s Vietnamese Deal shows that Chinese tariffs do not fall further

China goods are currently expected to face about 55% of tariffs and expected a level passing through August. However, according to the latest Vietnamese agreement, the United States will target a well-worn background to avoid 20% of the 20% tariff and transferred goods to Vietnamese goods in 40%.

By closing voidTrump leadership signals how to look like any of the future agreements with China. Foaming goods offer 40% tariff that the tariffs on China are likely to fall below this limit, even if the tariffs are reduced.

The 40% figure in the Vietnamese deal can reflect a wider conviction on the relevant tariff level in China, which reflected in other bilateral transactions, “he said. “However, I doubt that Trump has a special red line for minimum tariffs in China.”

Beijing and Washington, in mid-August, after the talks in London in force, reached the trade framework last month. As part of the transaction, China agreed to restore the transportation of rare lands – key entries for wind turbines, electric vehicles and military equipment. In return, the United States, ethane, chip-design program and Jet engine proposed to facilitate some export restrictions on the engine components.

Tariffs for Chinese goods in China have been reduced to about 55% in early April. However, 20% tariffs connected to Fentanyl remain in place. Beijing since then Tightened Offices The two prekursor chemicals used to make medication – one of the few open avenues should have won more tariff relief.

“20% is really a focus point in the spotlight currently,” he said. “Thinking is a very desire to agree on something related to the Chinese government’s Fentanyl. He telegraphs in those months.”

Again, these efforts are less likely to get Chinese tariffs from the bottom of the 40% ratio now applied to Vietnam. For example, if China’s tasks had to fall to 35%, for example, it will restore China’s competition advantage and encourage companies to turn back operations in the wider goals of Trump.

Still, here are the signs of the London Agreement on both sides and signs of good intentions. Trump management lift Last export license requirements for chip design software sales in China and confirmed The United States exports to China without adding additional confirmation.

Treasury Secretary Scott Bessent, China said there are rare earth magnets flowingEven if the levels of the Chinese were not yet retreated before applying the export restrictions on the exports of the Chinese in early April. The United States hopes that China will make the restrictions on exports after the London agreement, which spoke on Saturday’s Fox News.

Meanwhile, a great Chinese officer on Thursday handed over Beijing is one of the most positive messages about the United States in a few weeks. Liu Jianchao, the head of the international department of the Communist Party, said he was “optimistic” on future relations at the World Peace Forum.

“China, China-US cooperation,” Liu said that our cooperation was mutually beneficial. The act of preventing our storage will damage another and ourselves. ”

Other negotiations

In addition to Vietnam, Beijing has increased our efforts to hit us growing trade deals insulate China. While the higher the “mutual” tariffs of Trump, which approached July 9, while the higher “mutual” tariffs enter into force, negotiate with the main partners in Asia and Europe.

Washington covers new deals that affect the US components in exports for the United States or covering the obligations that are against the United States as unfair Chinese trading practices. India was negotiating on another nation competition to complete a contract “Rules of origin”

What does Bloomberg says the economy …

It became clear how to decide how to decide how to respond to Chinese interests, the interests of the Chinese interests and local production to this category.

– Rana Sajedi and Adam Farrar.

Beijing has been marked by Beijing US-Vietnamese trade deal on Thursday and said price the situation.

“Any parties who divided all parties with the United States through negotiations, but against the interests of China,” he said, “he said.

“If such a situation arises, China will strike its legal rights and interests,” he said, “he said.