Under the orders of President Trump, the United States will substantially increase the tariffs on imported washing machines and photovoltaic products at a maximum rate of 50% and 30% respectively. The news promptly caused public outcry.
As a major importer of solar panels in the United States, this measure has caused some impact on Chinese manufacturers.It is reported that more than 80% of the solar energy equipment in the United States uses imported solar panels, most of which come from China. South Korea and Mexico are the most affected, with the majority of washing machines being exported to the United States.
South Korea's trade ministry said it will file an application with the World Trade Organization (WTO), oppose the U.S. imposition of high anti-dumping duties on Korean washing machines and solar cell manufacturers, and Mexico also said that it is "using All possible legal resources to respond to the U.S. decision. "Chinese Foreign Ministry Spokesman Hua Chunying said that the United States adopts a rigorous taxation measure to abuse trade remedies, and China strongly resents the move.As for the wrong way by the United States, China will firmly defend its legitimate rights and interests with other WTO members.
In fact, not only China, South Korea, Mexico and the United States, the landing of the United States high import duty boots has also aroused the concern of many trading partners, and even met with strong opposition from many U.S. governments and downstream enterprises. For example, the American Solar Industry Association Solar Energy Industry Association (SEIA) said that imposing a 30% tariff on imported solar cells and solar panels will leave about 23,000 U.S. workers unemployed this year, leaving foreign PV companies Suniva and SolarWorld unprotected, which will be on our toes. A crisis in the economy.
However, in the face of the opposition voiced by all other countries and even the United States, Trump still persists with the media and told the media during the interview that he is not worried about conducting trade wars with other countries because of signing the tax declaration and emphasizes that other countries 'Do not want to take advantage of the United States again.'
Public opinion speculates that Trump's tariff barriers not only target solar panels and washing machines, which may only be the tentative start, the agency said there are indications that Washington's first major trade decision of the New Year is not a German company The Good News, "The Washington Post," said the move may explain the Trump administration's efforts to launch a broader attack on its trading partners Bonn, a trade expert with the Peterson Institute for International Economics, said: "It is really possible to open a flood sluice."
The tariff barriers similar to 16 years ago the Bush administration to restrict the import of steel to trade protection measures similar to.In 2002, the United States to 'import steel soared damage to the US steel industry' on the grounds that part of the imported steel levy for a period of 3 years, up to 30 % Of the additional tariffs at a time when Bush claimed that during a period of reorganization these tariffs helped to protect the interests of domestic steelmakers. The EU, Japan and other countries subsequently lodged petitions with the WTO and the WTO ruled that the U.S. side failed. In the event of a violation of the WTO rules, the Trump administration does the same, and we seem to have seen its defeat.
According to Song Guoyou, deputy director of the Fudan University's Center for American Studies, "the trade war will only lose and lose in the event of a trade volume between the two countries." Both China and the United States are big powers. China must have any unfair trade practices with the United States It is also impossible for the Chinese side to accept unilateral sanctions based on domestic laws by the U.S. side and will take corresponding retaliatory measures.
Under the banner of trade protection, the Trump administration that finally caught up with U.S. retailers and consumers in paying import duties on heavy imports eventually got to be 'bewildered'.