US and China teeter on edge of trade war as tariff deadline looms

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China and the United States are at risk of full commercial war unless the two largest economies can weaken the dispute before the Chinese tariffs come into force on Monday.

President Donald Trump last week Revealed an additional 10 percent tariff China’s goods must be that Beijing do more to solve the export of Fentanyl in the United States and Mexico, if China responds.

When the US responsibilities came into force three days later, Beijing hit immediatelyAnnouncing US Energy Export and Farm Equipment for an additional 10 to 15% responsibilities. China’s responsibilities will take effect on Monday.

“This can be the beginning of this stage Commercial War“Says Jange Yanshen, an expert at the China International Economic Exchange Center. “This can become a very bad situation.”

Some analysts expect the United States and China to hold talks to prevent large trade. At first, Trump said he expected to speak with President Xi Jinping, but after he answered after China, he said that “no hustings” remedy.

To the question whether Trump’s team was involved in China as it did with Canada and Mexico, who were won by higher tariffs. They were given one-month doubleThe White House official said that the United States “is in constant contact with our partners, both in Beijing and Washington.”

The spokesman for the Chinese Embassy in Washington said that he was a “new development” because China has announced responsible tariffs.

Beijing experts noted Trump’s shock tactics, which aims to force XI to get a quick deal can be withdrawn. The US President has provided only two days of announcing and implementing tariffs between tariffs, a schedule, which was probably unacceptable for XI.

“China has no such business,” said Ma Way, a researcher at the Chinese government, in the Chinese government. “You must have equal negotiations and equal contract, not one in which you first put high tariffs on me, and you say we have to make a deal.”

M.A. – US tactics had Chinese idioms’ reactions “cheng xia zhi meng “ A little Dealing with your enemy under DuresS when it is near the gates of your castle.

But analysts said that the limited range of revenge in China, which is included Investigations of anti-mind Google and NVIDIA, but hit a narrow range of products than US charges to negotiate to negotiate.

Trump administration officials stressed that the US President wants China to inflict their flow of Fentanyl, a deadly opium, which has become a leading killer of Americans aged 18 to 45.

But Beijing experts say that negotiations may be suspended, as Trump demanded cooperation on other fronts, such as pressure on Ukraine’s invasion and the invasion of a short video platform. It’s an American buyer.A number

“Fentanyl is a problem that can be easily straightened. China is already cooperating next to the United States, “said John Gong, a professor at the University of International Business and Economics. “Thus, Trump probably wants more to talk publicly.”

On Friday, Trumpet said that he would present “mutual tariffs” on the countries next week, but did not provide any information on which nations would be purposeful. Friday late at night the White House also temporarily suspended Minimis privileges On the tariffs for cargo transportation at a low price of China, which have shown kindness to companies such as Shane and Dium.

Wendy Cutler, Vice President of the Asian Society Policy Institute, said that unlike Canadian and Mexico, China would play a longer game.

“Beijing is likely to wait and see if taking into account the involvement, including having more certainty, whether it will have more reciprocal, sectoral or universal tariffs,” said Patler.

Chinese experts say it will be difficult for Beijing to reach a “big deal” in a short period, especially on the subjects of thorns, such as the war in Ukraine, which the United States has accused China.

A number of recent California experts about the Council of Foreign Relations and Foreign Relations Forum to San Diego and China that Beijing was more concerned about US technological export controls than tariffs.

China too Better prepared This time Tariffs tolerate, Gong said. Last year, the US exports consisted of 15% of the common Chinese trade, a smaller share than in the past.

“The position of the Chinese government on these tariff belongings can be:” So be, “said Gong. “Most of it is paid by American consumers, however, many Chinese companies have already moved some of their actions abroad. A number of tariffs are not such deadly weapons as perceived in Washington. “

But some economists believe that the full force of Trump’s threatening tariffs, for example, 60 percent proposed during the presidential campaign were proposed by a large number of China’s economy.

Goldman Sachi’s china’s economist Hu’s dog assessed that every 20 percentage growth of US tariffs would consider 0.7 percentage points, China’s GDP growth.

Beijing could compensate for a part of this blow With depreciation of foreign currencyConsumer promotional packages and other means, but it probably absorbed GDP growth to 0.2 percentage points.