In the past few days, the U.S. trade friction with China has fluctuated. Relevant lawsuits concerning Europe and the United States accusing China of restricting exports of certain raw materials have not come to an end. On the 1st, it was announced that the United States decided to retroactively impose countervailing duties on Chinese solar panels. Yesterday, the Chinese Ministry of Commerce issued an early warning: U.S. may zero for my car. Component products initiated more anti-dumping countervailing investigations.
U.S. makes frequent attacks on Chinese products
According to yesterday’s warning from China’s Ministry of Commerce, on January 31, members of the U.S. manufacturing industry union, U.S. Senator Brown, and other lawmakers held a press conference to accuse China’s subsidies to the auto industry from damaging U.S. industry and called on the U.S. government to take measures to limit the Imports of components, launching more anti-dumping and anti-subsidy investigations on engines, automotive electronics, tires and other related products.
On the previous day, the U.S. Department of Commerce issued an announcement in the Federal Register on the preliminary determination of the anti-subsidy emergency for the solar battery (board) double reverse case.
Trade friction object "transformation and upgrading"
Why does the U.S. make frequent exports to China? The director of the Institute of International Economics of the Guangdong Provincial Academy of Social Sciences, Qiu Shan, analyzed with the Yangcheng Evening News reporter: “The big background is the slow recovery of the global economy. The high unemployment rate in developed countries has caused protection protectionism to flourish. The direct reason is that this year is the US general election. In the past year, politicians who attacked China’s exports in order to win votes had influenced the employment of the United States as a good natural channel. This phenomenon has to be 'attacked' almost every four years.
According to Khushan, it is necessary to pay attention to the fact that the object of US trade friction with China is also a “transition and upgrading†trend. In the past, there were more products with relatively low technological content, such as wooden floors and metal products. Nowadays, more and more high-tech products such as solar panels and auto parts have been targeted. The important development direction of "transition and upgrading".
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