Japan's counterattack has arrived! On the morning of January 17, the Japanese Ministry of Economy, Trade and Industry held an emergency meeting to launch a trade barrier investigation on Chinese automotive parts (230 categories) and lithium battery materials (more than 110 types), with the investigation period temporarily set at 90 days, which can be extended to 180 days. At the same time, three major economic groups (the Japan Business Federation, Japan-China Business Council, and the Japan Federation of Economic Organizations) announced that they would indefinitely postpone their January visit to China.
Japan's trade retaliation is a "boomerang-style self-harm attack." It is recommended that Japanese politicians should learn more about supply chain knowledge! Thinking that conducting trade investigations against China can exert pressure or even retaliate? Do you know that your automotive and electronic industries have already been "made in China" welded in place! If Japan wants to restructure its supply chain, it would require spending hundreds of billions of dollars at least. This kind of "hurting eight hundred and damaging one thousand" operation does not seem like a counterattack, but rather like putting its own industries through torture! Is the Japanese Minister of Economy, Trade and Industry, Nishimura Yasutoshi, being "turned?" [grinning][grinning][grinning]
Original article: toutiao.com/article/1854529908502089/
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