The hottest Sino US trade war, cease fire, cease w

2022-08-21
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As early as March 8th, 2018, the newspaper reported that the government was planning to restrict Chinese capital from investing in the United States and would impose tariffs on footwear, clothing and consumer electronics products from China! At the same time, the representative of the U.S. trade agency began to investigate China's intellectual property behavior last year in accordance with Section 301 of the 1974 trade law, and the investigation results will be completed in the next few weeks. According to this section, Trump has the right to implement the de facto trade restriction policy to ensure that American businesses are free from unfair trade practices abroad

sure enough, on March 22, U.S. President trump held a meeting at the White House and announced the imposition of punitive tariffs on more than 100 Chinese goods (worth up to $60billion) in accordance with article 301 formulated by the U.S. Trade Administration (USTR) on the grounds that "the Sino US trade deficit has been repeatedly impacted by a standard impactor of the quality corresponding to the energy value; the impact energy indicated by the impact test machine pointer is out of control", This requires China to reduce its trade deficit with the United States by up to $100billion. The fields that the United States is following China mainly include: medical devices, high-speed rail equipment, biotechnology, new materials, agricultural machinery equipment, industrial robots, information technology, new energy vehicles, aviation equipment

on March 23, a spokesman for the Ministry of Commerce issued a statement on the US 301 investigation decision, stressing: "China does not want to fight a trade war, but it will never be afraid of a trade war. We are confident and capable of dealing with any challenges. We hope that the US side will rein in the precipice, make prudent decisions, and do not put bilateral economic and trade relations in danger."

subsequently, the Chinese side fought back. The Ministry of Commerce issued a list of products that had been suspended from concessions in response to the 232 measures for the import of steel and aluminum products from the United States and solicited public opinions, proposing to impose tariffs on some products imported from the United States to balance the losses caused to the Chinese side by the United States' imposition of tariffs on imported steel and aluminum products in order to deal with this contradiction. A spokesman for the Ministry of Commerce made a statement on this

the list tentatively includes 7 categories and 128 tax products. According to the statistics of 2017, it involves about US $3billion of exports from the United States to China. There are 120 taxes in the leading part, involving US $977million exports to China, including fresh fruit, dried fruit and nut products, wine, modified ethanol, American ginseng, seamless steel pipe and other products, and it is proposed to impose a 15% tariff. The second part includes a total of 8 taxes, involving US $1.992 billion of exports to China, including pork and products, recycled aluminum and other products, which are proposed to impose a 25% tariff

until May 20, 2018, the Sino US trade war, which lasted for nearly two months, finally stopped. Xinhua International announced in the early morning of the 20th that "the Sino US trade war is cease-fire! Cease the war!", And issued the "joint statement on economic and trade consultations between China and the United States". The statement pointed out that both sides agreed to take effective measures to substantially reduce the US trade deficit in goods with China. The two sides agreed to meaningfully increase U.S. exports of agricultural products and energy. The two sides discussed the expansion of trade in manufacturing products and services and reached a consensus on creating favorable conditions to increase trade in the above areas. Both sides attach great importance to intellectual property protection and agree to strengthen cooperation. Both sides agreed to encourage two-way investment. Both sides agreed to continue to maintain high-level communication in this regard

On March 22, 2018, the trump administration announced that "50 billion US dollars of tariffs and investment restrictions will be imposed on Chinese goods due to intellectual property infringement"

on April 4, 2018, the U.S. government issued a list of goods subject to tariffs, which will impose 25% tariffs on 1333 goods imported from China to the United States with a value of $50billion. This measure of the United States violates the rules of the world trade organization, seriously infringes upon China's legitimate rights and interests, and threatens China's national development interests. In accordance with the relevant provisions of the foreign trade law of the people's Republic of China and the regulations of the people's Republic of China on import and export tariffs, and with the approval of the State Council, the Tariff Commission of the State Council decided to impose an additional 25% tariff on 106 items of 14 categories of goods originating in the United States, such as soybeans, automobiles, chemicals, etc. The implementation date will be announced separately by the Tariff Commission of the State Council, depending on the implementation of the tariffs imposed by the U.S. government on our goods

on April 5, 2018, US President trump asked the US trade representative office to impose additional tariffs on US $100billion of Chinese imports based on the "301 investigation". This practice is a serious violation of international trade rules

on April 17, 2018, U.S. Secretary of Commerce Ross announced that an anti-dumping and countervailing investigation (i.e. "double anti" investigation) was launched against steel wheel hub products produced in China; The U.S. Department of commerce also preliminarily ruled that the general aluminum alloy plates imported from China had subsidies

on March 23, 2018, China's Ministry of Commerce issued a list of products that had been suspended from concessions in response to the 232 measures for the import of steel and aluminum products from the United States and solicited public opinions, proposing to impose tariffs on some products imported from the United States to balance the losses caused to China's interests by the imposition of tariffs on imported steel and aluminum products by the United States. Among them, it plans to impose tariffs on US $3billion worth of us fruits, pork, wine, seamless steel pipes and more than 100 other commodities

from April 2, 2018, China suspended its duty of tariff concessions on 128 imported goods of 7 categories originating in the United States and imposed additional tariffs on the basis of the current applicable tariff rate

On April 17, 2018, the Ministry of Commerce issued announcement No. 38 of 2018, announcing the preliminary ruling on the anti-dumping investigation of imported sorghum originating in the United States. The Ministry of Commerce ruled that imported sorghum originating in the United States was dumped, that the domestic sorghum industry had suffered material damage, and that there was a causal relationship between dumping and material damage, and decided to implement temporary anti-dumping measures against imported sorghum originating in the United States. According to the ruling, from April 18, 2018, when importing imported sorghum originating in the United States, the import operator shall provide the corresponding margin to the customs of the people's Republic of China according to the margin ratio of each company (178.6%) determined by the ruling. This product is under the import and export tariff of the people's Republic of China. After the preliminary determination, the Ministry of Commerce will continue to investigate the case and make a final ruling. The Ministry of Commerce will safeguard the due process rights of all stakeholders in accordance with relevant Chinese laws, regulations and WTO rules

On April 19, 2018, the Ministry of Commerce issued announcement No. 39 of 2018, announcing the preliminary ruling of the anti-dumping investigation on imported halogenated butyl rubber (also known as halogenated butyl rubber) originating in the United States, the European Union and Singapore

from April 20, 2018, when importing halogenated butyl rubber originating in the United States, the European Union and Singapore, import operators should provide corresponding security deposits to the customs of the people's Republic of China according to the dumping margin (26.0% - 66.5%) determined by the ruling

on April 20, 2018, the Ministry of Commerce announced No. 37, 2018, announcement on the re investigation ruling on anti-dumping measures of imported pulp originating in the United States, Canada and Brazil: the investigating authority ruled that during the investigation period of the original trial, the dumping of imported pulp originating in the United States, Canada and Brazil caused substantial damage to China's domestic pulp industry, and there was a causal relationship between dumping and material damage. The investigating authority decided to continue to implement anti-dumping measures in accordance with the Announcement No. 18 of the Ministry of Commerce in 2014

on May 18, 2018, the Ministry of Commerce announced No. 44, 2018, on the termination of anti-dumping and countervailing measures against imported sorghum originating in the United States: the investigating authority found that the recent domestic pork price has continued to decline, and many farmers are facing difficulties in their livelihood. In this case, it is not in the public interest to take anti-dumping and countervailing measures against imported sorghum originating in the United States. Terminate the anti-dumping and countervailing measures for imported sorghum originating in the United States

On May 19, 2018, China and the United States issued a joint statement on bilateral economic and trade consultations in Washington. p> Both sides agreed to take effective measures to substantially reduce the US trade deficit in goods with China. In order to meet the growing consumer demand of the Chinese people and promote high-quality economic development, China will significantly increase its purchases of goods and services from the United States. It also contributes to U.S. economic growth and employment

both sides agreed to increase U.S. agricultural products and energy exports in a meaningful way, and the United States will send a delegation to China to discuss specific matters. The two sides discussed the expansion of trade in manufacturing products and services, and reached a consensus on creating favorable conditions for the maintenance of tensile testing machine: plus trade in the above areas

both sides attach great importance to intellectual property protection and agree to strengthen cooperation. China will promote the revision of relevant laws and regulations, including the patent law. The two sides agreed to encourage two-way investment and will strive to create a fair competitive business environment. The two sides agreed to continue to maintain high-level communication in this regard and actively seek to solve their respective economic and trade issues of concern

the Sino US trade war stopped + the peak of market shipments: concept stocks are expected to recover quickly

as early as March 22, when the Sino US trade war broke out, the newspaper reported that the outbreak of the Sino US trade war led to the decline of concept stocks almost across the board, including dozens of enterprises that directly fell by the limit

according to the reported statistics of the trend of concept stocks on March 22, Jiantao laminate fell 15.45%, Ziguang holdings fell 10.48%, Jiantao chemical fell 10.16%, Xingxing technology fell 10.04%, Laibao high tech fell 10.04%, Zhuoyi technology fell 10.02%, Jacques technology fell 10.01%, Shilan micro fell 10.01%, tongxingda fell 10.00%, Dongni electronics fell 10.00%, Yingqu technology fell 10.00%, Shennan circuit fell 10.00% Guanghetong fell 10.00%, Liande equipment fell 10.00%, san60 fell 10.00%, Huanyu CNC fell 10.00%, Dafu technology fell 10.00%, Changying precision fell 10.00%, Xinwei communication fell 10.00%, and Anjie technology fell 10.00%

pulutong fell 9.99%, Tongfu wechat fell 9.99%, crystal optoelectronics fell 9.99%, Guanghong technology fell 9.99%, Chunqiu electronics fell 9.99%, MEG intelligence fell 9.99%, Seymour electric fell 9.97%, Zhongjing electronics fell 9.95%, Gongda Diansheng fell 9.95%, waveguide shares fell 9.92%, Datang Telecom fell 9.92%, Suzhou Guyi fell 9.91%, Yushun electronics fell 9.89%, Lingyi intelligence fell 9.85% Kesen technology fell by 9.58%, national technology fell by 9.55%, shuobaid fell by 9.53%, pioneer new materials fell by 9.32%, and chinaware materials fell by 9.21%

Dongxu optoelectronics fell 8.8. We usually hope that materials have better durability by 5%, Ziguang shares fell 8.84%, BYD electronics fell 8.89%, Youyan new materials fell 8.75%, huanxu electronics fell 8.75%, Changdian technology fell 8.69%, Hengdian dongci fell 8.42%, Gaowei electronics fell 8.33%, LETV fell 8.30%, huiding technology fell 8.26%, Jingfang technology fell 8.23%, Wentai technology fell 8.11% Huaying technology fell by 7.89%, lansys technology fell by 7.87%, goer shares fell by 7.84%, Shanghai Xinyang fell by 7.81%, Jinsheng intelligence fell by 7.77%, ZTE fell by 7.49%, Ancai high tech fell by 7.45%, Shenzhen Tianma a fell by 7.29%, Desai battery fell by 7.03%, and dianlian technology fell by 7.01%

in fact, according to the reported statistics,

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