All economic and trade outcomes of the talks will not take effect if the U.S. side imposes any trade sanctions including raising tariffs. Washington obviously has turned a deft ear to this serious message of China.
When it comes to defending national interests, China means business.
China said it will impose an additional 25-percent tariffs starting July 6 on 545 products from the U.S. including soybeans, electric cars, orange juice, whiskey, salmon and cigars.
China noticed that the U.S. side had threatened to impose additional tariffs should China take retaliatory measures. This logic of a typical bully won't make China flinch. China is ready to take corresponding measures.
In this day and age, launching a trade war is outdated and backward which begets popular antipathy. Earlier this year, the Trump administration had unilaterally imposed tariffs on steel and aluminum imports, sparking strong opposition even from its major trading partners.
With its closest allies rejecting the protectionism, can the United States really afford to go it alone?
Reciprocal tariffs are always the last resort. But if Washington is unable to stop its capriciousness which costs the interests of people of both countries, reciprocal tariffs are the leverage China has no choice but to use.
【国内英语资讯:Commentary: China forced to fight back with reciprocal tariffs】相关文章:
★ 领先华尔街
★ 用社交媒体选股
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15