Posted Date: 20/06/2018
Views: 0
  0 Review(s)

International media accuse the United States of provoking a trade war to violate the laws of the market and disrupt the trade order

Foreign correspondent reported that following the introduction of a tax bill for China’s 50 billion U.S. dollars in goods, the U.S. government intensified its efforts and threatened to draw up a US$200 billion taxation list. International media have criticized the U.S. unilateralist actions and accused the United States of provoking a trade war , violating market laws, and disrupting the world trade order.

Tom Watkins, an adviser to the China Chamber of Commerce in Detroit, said that the constant escalation of trade frictions between China and the United States is both unfortunate and unnecessary, and there will be no winners in the trade war between the two countries.

Dennis Slater, chairman of the American Equipment Manufacturers Association, said: “I represent the 1.3 million equipment manufacturing workers and urge the U.S. government not to implement a tariff-impairing tariff policy.” The levy of tariffs is a tax on U.S. consumers, which will make U.S. Industry jobs are at risk.

According to data from the American Soybean Association, nearly one-third of the total soybean production in the United States is exported to China at a value of US$14 billion. The U.S.Agricultural Society continuously posted messages on social media against the Trump administration’s decision: “Now is the moment of trade, not the moment of increasing tariffs.” “China is a valuable trading partner and is the (American) soybean grower’s rely."

The United States’ initiative to provoke a trade war also poses risks to other economies in the world. The British Sky News website reported that the U.S. government’s decision will also increase the trade friction between the United States and many other economies including the European Union.

The British "Guardian" quoted the results of the Oxford Economic Research Institute. The report said that the uncertainty and risk increase caused by the United States imposed tariffs will affect business confidence and investment, especially cross-border investment. The US approach will affect the economic growth of China and the United States and other regions.

Japan’s Kyodo News published an article stating that the U.S. move has cast a shadow on world trade, and that Japanese companies are also unable to do their own thing, because some of the products exported by Japanese companies to the U.S. are also on the list of sanctions.

Japan’s “Daily News” reported that the U.S. tariff policy has brought a great deal of instability to the world economy. Japan’s “Sankei Shimbun” pointed out that the U.S. government’s series of trade protection measures have been strongly opposed by allies. The strong protectionist trade policy of the United States is an important reason for disrupting the world trade order. 

International media accuse the United States of provoking a trade war to violate the laws of the market and disrupt the trade order


Related Articles

Data mining is hunting large stores of data to find patterns and modes that go beyond simple analysis. Also, let us test some data mining methods like Association Rule Learning, Classification, etc. Data mining, also known as Knowledge Discovery in Data is about hunting large stores of data to...   More About Article
Publish On:  11/01/2019
Author:  Prashant Thakur




PAL Line Pte Ltd was established in January 2008. As a ONE STOP LOGISTICS SOLUTION PROVIDER, it takes the advantage of Singapores well developed port infrastructure and good geographical location to act as the world best transshipment hub to handle worldwide shipment to and from Singapore. ...   More About Article
Publish On:  30/11/2018
Author:  palline




Global Ion Exchange Resins Market by Type Cation Exchange Resins, Anion Exchange Resins, Chelating Resins, Raw Material Polystyrene Copolymer, Cross Linked Polystyrene, Matrix Structure Porous Beads, Gel, End Use Industry Water Treatment, Metallurgy, Region Till 2023, Ion exchange resins are the ...   More About Article
Publish On:  15/11/2018
Author:  Pradeep




Pulse Flours Market Information by Type Bean, Chickpea, Lentil, Pea and others, Application Beverages, Bakery Products, Savory Snacks, Meat Products and others, Distribution Channel Store Based and Non Store Based and Region Forecast till 2023, Pulse flours are powdered material, which are prepare...   More About Article
Publish On:  12/11/2018
Author:  Pradeep




According to the US Stars and Stripes website reported on July 25, US Air Force Minister Heather Wilson said on the 25th that the US military will work together to promote the development of ultra-high-speed weapons....   More About Article
Publish On:  28/07/2018
Author:  Vikas Gupta





User Comments

No Comments Available

Post Your Comments

You Have To Login Before Commenting