On the afternoon of April 3rd, US East, the website of the U.S. Trade Representative Office published a list of imports from China based on the so-called '301 investigation' proposal for tariffs. This list contains approximately 1300 independent tariff items, worth approximately US$50 billion, involving aviation. Aerospace, information and communications technology, robotics and machinery industries. The US Trade Representative's Office proposes to impose an additional 25% tariff on Chinese products on the list.
It is worth noting that the U.S. Trade Representative Office directly mentioned in the announcement that the tariffs imposed on Chinese products are in response to China’s policy of “coercing US companies to transfer technology to China” and stated that these policies are intended to attract high-tech industries in China. Economic leadership to achieve its own industrial development plan, such as 'Made in China 2025'.
Although this trade friction was directed at 'Made in China 2025', there are still some 'selected' electrical products.
China's national power grid combs and finds that it is recommended to add tariffs to the list of Chinese imports The electrical products and accessories involved mainly include: Gas water heaters, storage-type electric water heaters, transient or storage water heater parts, centrifugal dryers and dryer parts, water purifiers and air purifiers and spare parts, dishwashers, bread ovens including biscuit ovens , Compressors for Refrigeration Equipment (including air conditioners), Turbocharger and Turbocharger Fans, Turbocharger and Turbocharger Air Compressors, Air or other Gas Compressor Accessories, Air or Vacuum Pump Parts and Ventilation or Recirculation Cover, air conditioner chassis and carton, air conditioner accessories, etc.
According to the calculation of the China Household Electrical Appliances Association, the cumulative value of China's home appliance industry in 2017 was 62.45 billion U.S. dollars, of which exports to the United States were 14.4 billion U.S. dollars, accounting for 23.1% of the total exports of the home appliance industry.
From the perspective of export volume, the products exported to the United States in 2017 with a scale of more than US$1 billion mainly include air conditioners, microwave ovens, vacuum cleaners, and electric baking appliances. The export volume of vacuum cleaners and electric baking devices increased by up to double digits. China’s exports to U.S. dishwashers amounted to approximately US$114 million, accounting for only 0.8% of total U.S. exports.
The export volume of each category accounts for the proportion of total exports, the United States is China's air conditioners, compression refrigerators, freezers, microwave ovens, electric fans, food processors, electric heaters, electric irons, electric baking appliances, coffee makers/electric kettles, Bread machine, rice cooker, gas stove, the largest exporter of 13 categories of products, including microwave ovens, vacuum cleaners, electric baking equipment, the proportion of more than 30%; coffee machine / kettle proportion of more than 40%.
Because the household electrical appliances involved in the list are not the main exporters of U.S. home appliances, so far, this trade friction has had little impact on China's home appliance export business.
It is understood that when Trump announced earlier that it was imposing a levy of tariffs on Chinese products worth US$50 billion, it requested the U.S. trade representatives to publish a list of proposed tariffs on Chinese products by April 6, and then enter the 60-day public consultation period. , Expiry will publish the final sanction list for China's '301 investigation'.
In response, a spokesman for the Ministry of Commerce of China stated that the US side has no basis on facts and disclosed tax proposals in spite of China’s solemn representations. It is typical of unilateralism and trade protectionism. The Chinese side strongly condemns and resolutely opposes it.
The US list released this time disregards the essence of mutual benefit and win-win development of Sino-U.S. trade and economic cooperation over the past 40 years, disregards the voices of the industry in both countries and the interests of consumers, is not conducive to the U.S. national interest, is not conducive to China’s national interests, and is not conducive to global economic interests. .
The US approach has seriously violated the basic principles and spirit of the WTO. The Chinese side intends to immediately refer the relevant US practices to the WTO Dispute Settlement Mechanism. At the same time, we will be prepared to adopt equal measures in accordance with the relevant provisions of the Foreign Trade Law of the People's Republic of China. Efforts, peer-to-peer measures of equal size. These measures will be announced in the near future. We are confident and capable of responding to any trade protectionist measures of the United States. (Xue Xue)
Attachment: The United States proposes to impose tariffs on the list of imported products from China Office-of-the-United States-Trade-Representative.pdf