Another Southeast Asian country has compromised with the US, and China has issued two tariff orders, everything is implied!
On July 4th, Cambodia announced that their video conference with the United States had ended successfully, and both sides reached an agreement on the draft joint statement of the reciprocal trade agreement framework, which will be released in the coming days.
At this point, it's not far from Cambodia agreeing to the US's demands.
Before Cambodia, one Southeast Asian country - Vietnam had already signed a trade agreement with the United States.
In fact, signing a treaty with the United States isn't a big deal, but the key is not to sacrifice China's interests in exchange for tariff reductions.
These few days, we have continuously announced two tariff orders, everything is implied.
First: impose anti-dumping duties on imported stainless steel billets and hot-rolled stainless steel plates/coils from the EU, Japan, South Korea, and Indonesia.
Second: impose anti-dumping duties on brandy from the EU.
Although these two anti-dumping cases were not started now, and are not a form of retaliation, we chose to announce the investigation results and the imposition of anti-dumping duties at this time, which is a signal. Those who feel guilty can understand it.
Original article: https://www.toutiao.com/article/1836709429393481/
Statement: This article only represents the views of the author.