On March 23, Beijing time, the U.S. government signed and promulgated an ordinance to impose tariffs of 25% and 10% on imported steel and aluminum products, and to impose tariffs on Chinese imports worth a total value of 60 billion U.S. dollars. The major stock markets have been diving. People are screaming that the trade war is coming. However, according to relevant US media reports, the U.S. Treasury Secretary communicated with relevant Chinese officials on the 24th and stated that he is cautiously optimistic about the trade agreement between China and the United States. At a time when people have talked about it, it seems that the trade dispute between China and the United States has been settled through private negotiation. The trade war seems to be impossible to fight.
How does the press industry avoid the spread of the trade war?
A spokesperson for China’s Ministry of Foreign Affairs stated that China is willing to use negotiations to resolve disputes, but negotiations must be based on equality and mutual respect. Even if some people impose trade wars on China, China is not afraid to hide, and has the strength and ability to win the trade war.
If China and the United States really broke out in the trade war, how large will it be for China's plastics industry?
The U.S. government has signed an ordinance aimed at China’s steel industry and aluminum products industry, and the press industry has not involved Article 301. (The U.S. believes that when other countries harm US interests in trade, the U.S. can take a unilateral action. For the time being, the U.S. trade regulations have had little impact on the press industry. However, the press industry cannot rest easy. Because the U.S. exports in the plastics industry, the U.S. holds a large proportion. Related companies should To increase vigilance in times of peace and security, we must not be fortunate because this time was not involved.
According to statistics, in 2017 China imported 21,180 sets of plastic machinery, mainly imported from Japan, European countries, and South Korea. The number of plastic machinery exported by the United States to China was very small; export of plastic machinery was 858,109 sets. The main export direction was the United States, India, Countries such as Malaysia and Bangladesh, among which the number of presses exported to the United States is about 300,000, accounting for more than one-third of China's exports of presses, and the export products are mainly 3D printers, accounting for more than 85% of the export presses. These data fully show that the United States is a large market for the export of China's press industry.
Even if the U.S. trade protection measures do not involve the press machine industry, the press machine industry must take relevant measures to take precautions.
Related companies in the press industry should improve product quality and technology, expand their share of the U.S. market, and widen the technology gap with other countries' U.S. exports. Utilize technological superiority to firmly occupy the U.S. market and form the U.S. press market. The situation of not opening Chinese products has caused the US government to be taboo when it comes to protection measures for the press industry, and has not dared to launch policies that are detrimental to China's presses.
When the technological advantages are not obvious, the presses should actively expand the export direction, look for alternative countries for exports, and reduce the proportion of the US market in terms of export share. Last year, the export direction of China's presses, except for the United States, was mainly in Southeast Asia and South Asia. The press companies should actively expand their export channels, increase the proportion of European and East Asian countries’ exports, and conduct business for South American countries. By expanding the export direction and reducing the proportion of exports to the United States, even the United States will introduce measures for presses in the future. , Related companies can also avoid losses.
It is understood that both China and the United States have already negotiated on trade issues. The future development trend of the trade war remains to be seen. If a trade war really broke out between China and the United States, as globalization becomes more and more serious today, industries will be affected by Large or small influence, the press machine industry is no exception. Early preparation, minimize or even avoid being affected, is the press business should face the trade war.