日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
CHINADAILY Editorial

Move to protect US steelmakers is against norms of world trade

chinadaily.com.cn | Updated: 2017-04-23 19:34
Share
Share - WeChat

Announcing that the United States will investigate whether foreign steel imports harm the country's national security, US President Donald Trump and Commerce Secretary Wilbur Ross have sent an unmistakable message to the big US steelmakers that they will protect them.

National security is rightly a top priority for any country, so it would be understandable if the Trump administration was taking the move to close any potential national security loopholes. But it is not.

Trump on Thursday revealed that the move had been taken simply to help bring back manufacturing jobs to the US, one of his key campaign promises.

"For decades America has lost our jobs and our factories to unfair foreign trade," Trump said. "And one steel mill after another has been shut down, abandoned, and closed. And we're going to reverse that."

What he did not say is that the US' manufacturing decline does not come from unfair competition from foreign producers, rather, it is a natural outcome of the country's high labor costs and domestic market-driven economic restructuring over the past decades.

It is clear that national security is only an excuse to justify the real aim of blocking foreign products to benefit the domestic steel industry. The probe, which will be led by Ross, could result in recommendations on curbing steel imports that will affect the interests of a number of the US' major trade partners, including China.

Yet reducing imports of foreign steel products will not alter the weak competitiveness of US steelmakers. Instead, if the US does take protectionist measures, then other countries are likely to take justifiable retaliatory actions against US companies that have an advantage over those countries in fields such as finance and high-tech, leading to a tit-for-tat trade war that benefits no one.

Trade is indispensible for healthy and sustainable global growth. When disputes arise, the involved parties should resort to the dispute settlement mechanism under the World Trade Organization. It may not be perfect for settling trade disputes, but it is the best mechanism there is to maintain order in the global trade system.

By proposing an unjustified investigation into steel imports in the guise of safeguarding national security, the US seems to be resorting to unilateralism to solve bilateral and multilateral problems.

Unfortunately, it will be hard for it to revitalize its steel industry and the move is only likely to arouse anger from its trade partners, contributing further instability to global trade and the world economy.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲自拍小说 | 爱爱中文字幕 | 91麻豆精品久久久久蜜臀 | 精品福利一区二区三区 | 欧美成人区 | 成年人网站免费看 | 一级二级在线观看 | 国产精品香蕉 | 国产区在线观看视频 | 国产精品美女网站 | 国产黄色免费在线观看 | 欧美另类精品 | 手机看片日韩国产 | 午夜视频网 | 国产又大又猛 | 一级黄色片免费看 | a在线播放| 日本欧美日韩 | 日韩一区二区高清 | 日韩精品视频网站 | 国产免费视频一区二区三区 | 怡红院综合网 | 欧美午夜精品久久久久久人妖 | 国产精品伦理一区 | 在线视频区 | 成人在线亚洲 | av片国产 | 女18毛片 | 金8天国av| 麻豆国产在线视频 | 欧美另类xxxx野战 | 国产精品主播在线观看 | 成人在线免费播放 | 亚洲偷| 看免费毛片 | 久久久久久一级片 | 九九热九九 | 中文字幕亚洲精品 | 最新国产在线视频 | 欧美性猛交乱大交3 | av美女网站 |