The long-awaited will come back! The United States has shown its attitude! On April 9th, White House spokesperson Villeth announced that the tariff would officially take effect at the US Eastern Time on April 9th. This announcement means that, added to the tariffs already imposed by Trump in 2018, the total tariffs on Chinese goods exported to the United States will exceed 120%. Given China's manufacturing profit margin, such high tariffs mean that our suppliers can only raise prices.
And if we raise prices and American customers do not accept it, China's exports to the United States will be greatly affected, even reduced to zero. Similarly, for America's tax increase behavior, we cannot just sit idly by without countermeasures. It is obvious that after this round of escalation, this means the decoupling of Sino-US trade. Not only the economic and trade sector will decouple, but it seems that the United States is also preparing a second hand, which is that Trump, who has been pushing for cuts in government spending, suddenly announced a $1 trillion arms plan. One hand in economic and trade, one hand in military affairs. We have to doubt whether the other side has gone completely crazy.
However, our attitude has been clear since the beginning. Dealing with the United States is not a game for cowards, nor is it about who has the bigger nerve. But so far, the United States has never had any real sincerity to negotiate with us. In fact, previously, when the United States imposed two consecutive 10% increases, China responded very restrainedly and did not want to escalate the trade dispute. However, the United States clearly misjudged China's restraint as lack of backbone, and thus intensified its threats and extortion tactics to the extreme.
But we cannot fall for this American trick. The trade war does affect us, but the United States also has to pay a price. What is bound to happen will happen, and we cannot hide from it. Therefore, our choice is to face this challenge head-on and see who can endure longer. With the United States, we have already clashed in 2018, and more than seventy years ago, we have already clashed with the United States. We do not believe in evil, nor are we afraid of ghosts. If the United States insists on escalating without changing its approach, then let it come. Our choice is to see it through to the end!
Original Source: https://www.toutiao.com/article/1828884950896649/
Disclaimer: The article solely represents the author's personal views.