Sihai network

What is the impact of Sino US trade war on China?

Trump's imposition of tariffs on China has attracted global attention. How does China respond to the announcement of US $60 billion tariff on China? The Sino US trade war is in full swing now, and what will happen? For China, it is definitely a huge test, but we will not be afraid of the war.

The commerce department decided to fight back and balance the United States. Therefore, some people predict the consequences of Sino US trade war and think that China's counterattack is very powerful, and the United States will be miserable. Do you agree?

There is no doubt that trump has launched a trade war. China is firm and calm when trump has launched a trade war. On the contrary, hundreds of us enterprises called for the cancellation of the tariff plan on China, believing that the increase of tariff would cause great harm to the US economy. In fact, it's a good reflection that American stocks are suffering from a sharp decline. Therefore, it is no wonder that experts predict the consequences of the Sino US trade war and believe that the United States will win.

The impact of the Sino US trade war on house prices after the announcement of tariff measures to limit Chinese products, the US side specially said a few words to appease Beijing, such as "this is not a trade war" and "China is a friend". It is hoped that after being frightened, China will accept this step, keep only one face according to the will of the US side, and leave behind China's commercial interests. However, China's response is very firm and clear, that is, we will never accept the blackmail from the United States. China does not want to fight a trade war, but if the United States does, we will neither fear nor hide, but will take 'all necessary measures' and' accompany to the end '.

On Friday, China only announced plans to counter US steel and aluminum tariffs, involving US $3 billion in products. This 3 billion is equivalent to the loss that China's steel and aluminum exports will suffer. What's more, China has a large-scale retaliation plan for tens of billions of US dollars of US exports to China, which will make the us pay the same price for China's exports caused by 301 investigation. Beijing will play all these cards, which is expected to be a nail on the board. China can't be intimidated. If Washington is determined to launch the trade war, it will fall into a huge quagmire of "killing one thousand enemies and damaging eight hundred by itself". One day after trump signed the memorandum, the prospect of a US trade attack on China was clear.

China and the United States can fight a trade war in an all-round way and return to the negotiating table after both economies suffer considerable losses. We can also take good care of each other's weapons. After a cool game of war and chess, we can estimate the loss of each other. Now let's talk about it. China's attitude is consistent: we have both a list of reforms and a list of counter-measures. We are willing to talk about them at any time and are ready to fight them at any time.