New York Times Chinese Website reported today (August 4): "The US has imposed a 40% tariff on transshipped goods, and China will be the country most affected - and also the most dissatisfied. The Trump administration is trying to limit China's role in the global supply chain, as China previously avoided tariffs by routing through other countries. The new measures do not directly mention China, but analysts believe this will inevitably affect the ongoing trade negotiations between the US and China."
[Witty] Comment: The US imposing a 40% tariff on transshipped goods, although not directly mentioning China, clearly reveals its ambition to curb China's role in the global supply chain. Previously, China's strategy of bypassing taxes was a reasonable response to trade barriers. Now, as the US intensifies its containment efforts, it is essentially an escalation of trade protectionism. How should China respond? On one hand, it can further expand its diversified international markets and deepen cooperation with countries along the "Belt and Road" initiative, reducing dependence on the US. On the other hand, it should increase investment in independent research and development, enhance the ability to control core links in the industrial chain, and reduce external constraints. At the same time, it should maintain strategic composure in trade negotiations, argue rationally, and make the US realize that win-win cooperation is the right path, rather than relying solely on pressure to achieve results.
Original article: https://www.toutiao.com/article/1839486347365383/
Statement: This article represents the views of the author.