The latest news of the Sino-US trade war: The US plans to increase the tax on Chinese imports of 200 billion US dollars to 25%!

Abstract At present, the trade situation in the world is turbulent, and there have been no major breakthroughs in the past few months. The Sino-US trade war has been in full swing since the official start of the first shot on July 6. After a wave of unrest, the market once again sent heavy news, in addition to the plan to start...

At present, the trade situation in the world is turbulent, and there have been no disturbances in the past few months. The Sino-US trade war has been in full swing since the official start of the first shot on July 6. After a wave of unrest, the market once again sent heavy news. In addition to the planned launch of 200 billion US dollars of Chinese goods plus tariffs, the Trump administration also plans to increase the previous 10% tax credit, which led to the original The arrogant Sino-US relationship has been pushed into the abyss by the Trump administration!

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On August 1, the US East time, the US review of another $16 billion in Chinese imports will officially end today, when the United States is likely to announce when it will officially begin to impose tariffs. This will be the second step in the Trump administration’s threat to levy a list of China’s $50 billion in goods.
At this important stall, three people familiar with the matter threw news into the market. One of the people familiar with the matter said: US President Trump has threatened to impose a 10% tax on the $200 billion business, and this amount may be raised to 25% in the Federal Register in the next few days. s level. Informed sources also added that this change has not yet produced the final result, and it is very likely that it will not continue after the public review.
They also revealed that the US Treasury Secretary Steven Mnuchin and the Chinese Vice Premier Liu He are actually in private talks in order to seek ways to re-engage in the negotiations.
As early as July 11, the Trump administration said it plans to start an additional 10% tariff on Chinese goods with an annual trade volume of about 200 billion US dollars. At the same time, the tariff will not take effect immediately. It will be reviewed after two months. program. A hearing will be held from August 20th to 23rd, and a public comment period on the US$200 billion tariff will be closed on August 30th. The tariff will also be officially effective after the public consultation on August 30th.

The United States disclosed this news ahead of the hearing. It is reminiscent of pressure on China, but it is only trying to make a huge initiative in the possible Sino-US negotiations, thus forcing China to make Great concessions.
However, the market has different opinions on the Sino-US negotiations. Some people familiar with the internal discussions said that the United States is also actively seeking concessions. If it can reach a certain compromise with China, the United States will greatly abandon the increase of tariffs. However, it is understood that China and the United States have not yet made any statements or prospects on the issues to be discussed and how to start discussions. Earlier, China also clarified that China and the United States have not yet conducted high-level negotiations.
For the United States, which was aggressive earlier, China has expressed its attitude more than once. Once the United States takes action, China will immediately begin to fight back. Therefore, if the United States really plans to increase the tariff of 200 billion US dollars of Chinese goods to 10%, then the United States will certainly usher in the Chinese counterattack.

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