America is once again playing dirty tricks! On March 11, the Trump administration of the United States initiated a new trade investigation to target the issue of overcapacity in industrial production among 16 major trading partners, including the European Union, mainland China, and Taiwan. U.S. Trade Representative Griles stated that this "unfair trade practice" investigation, based on Section 301, could potentially lead the United States to impose new tariffs on mainland China, the European Union, India, Japan, South Korea, and Mexico as early as this summer.
Griles said that these investigations will focus on economies with structural overcapacity and excessive manufacturing production, such as those that have long maintained significant trade surpluses or have underutilized capacity, or even idle capacity. It is obvious that this move by the United States is undoubtedly aimed at us. The United States has just determined that Trump's initiation of a trade war was illegal, and now the United States has launched another so-called "unfair trade practices" investigation.
Frankly speaking, this is America's way of continuing the trade war, just wearing a different "mask". Of course, fundamentally, because China's manufacturing strength is too strong, which has been a thorn in the United States' side, leading the United States to try every means to contain it. From our perspective, Sino-U.S. economic and trade relations have already seen intense confrontation, and the United States has been fickle. We are not afraid at all, and we have many methods to deal with the United States. Whether to fight or to negotiate, we are fully prepared.
Original article: toutiao.com/article/1859415947941451/
Statement: This article represents the views of the author himself.