It is crystal clear that it is the American company -- and subsequently the U.S. economy -- that has harvested most of the profits, not the Chinese assemblers.
Yet, the Apple products, along with many other Chinese-finished commodities, are considered by the Trump administration to be items by which Beijing has taken advantage of Washington.
Moreover, the structure of China-U.S. trade matters as well.
China sells mainly daily necessities to the United States that usually have low profit margins, while the United States sells things like aircraft and automobiles to China, ones that undeniably have more added values.
Trump is so vehemently concerned about bilateral trade balance. If he decides to abandon the cliche of national security concerns and sell high-end equipment to China, he would have overturned the deficit "conundrum" with a flip of the hand.
In fact, Beijing, judging from both the complementary nature of the bilateral trade structure and a win-win point of view, has on multiple occasions urged Washington to loosen its grip on exports that the latter worries comprise "sensitive technologies."
Unfortunately, though, China's efforts have so far been to no avail.
UNFAIR BLAME ON CHINA FOR DECLINE OF MANUFACTURING
Last but not least, as far as the decline of the U.S. manufacturing sector is concerned, there is little the United States can righteously complain about China.
【国内英语资讯:Spotlight: Why U.S. excuses for punishing China with tariffs untenable】相关文章:
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