The trade war between China and the United States should be over.

wang

The trade war between China and the United States should be over. Ten years ago, in an interview with the Australian media, Obama said to the camera that if more than 1 billion Chinese lived the same life as the United States and Australia, it would be a tragedy and disaster for mankind, and the earth could not bear it. The tariffs imposed by President Donald Trump on Chinese goods in 2018 and 2019 may create an additional 1 billion people living the same life as the United States. The trade war between China and the United States has begun, and the result is that China's economy is not declining, but rather advancing? Why? Because Trump has made India, Southeast Asian countries and Mexico the middle countries of China's exports to the United States. The inflation of the United States is because these countries have earned the money of the American people. These countries have become the assembly countries of China's exports. At the same time, they have driven the economies of these countries and opened up markets as large as the United States for China. So the United States does not buy products exported from China. And buy products from other countries that import raw materials and equipment from China. The result is that the cost of imported products from the United States has increased significantly. And China's foreign exchange rate, which generates US dollars through exports, continues to reach new highs. The United States has constantly asked China to increase its efforts to buy US treasury bond. The United States has imposed tariffs on China. Why should China buy US treasury bond? Now if the United States wants to cut interest rates, it is a question whether treasury bond can be distributed. Therefore, the United States may use the abolition of China's tariff increase to exchange for China's two winning practices of buying US treasury bond. And doing so can bind the US dollar to China's manufacturing industry. Without China's strong manufacturing industry and huge market, American high-tech cannot create huge wealth for American companies, and restricting the export of high-tech products to China instead creates conditions for Chinese enterprises to develop high-tech. Huawei has instead become increasingly powerful. Just like China and the United States are on the same planet, their economies are on the same boat. Sinking this ship will deal a heavy blow to both the Chinese and American economies. Moreover, the discord between China and the United States has also led to the proliferation of nuclear weapons worldwide. 70% of the top talents in the United States are Chinese. Previously, Tsinghua University and Peking University in China sent a large number of first-class talents to the United States every year. However, Trump's ban on Chinese people entering important fields of research in the United States has led to a shortage of technical talents and a large number of Chinese scientists returning home.
I have good news to share with everyone. The trade war between China and the United States may come to an end in the next few days, and there have been latest developments in US tariffs on China!
According to reference sources citing US media reports, on August 31st local time, the Biden administration once again postponed announcing high tariffs on Chinese made electric vehicles, batteries, semiconductors, and solar cells, and stated that the final decision will be announced in the coming days.
A spokesperson for the Office of the United States Trade Representative stated that the agency is "continuing to make a final decision on the proposed modifications" to the tariffs imposed by then President Donald Trump on Chinese goods in 2018 and 2019.