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
Business
Home / Business / Policies

US tariff moves expose lack of confidence in globalized world

Xinhua | Updated: 2018-04-13 16:24
Share
Share - WeChat

BEIJING - The US unilateralist and protectionist moves to propose steep tariffs on Chinese imports expose the super power's lack of confidence in the more globalized world, especially when facing China's growing international role, said analysts.

The world's two largest countries are developing in different directions, experts said, with China becoming more open and pursuing fairness, while the United States has become more self-preserving and anti-globalization.

Unilateralist approach against multilateral regime

Amid domestic and overseas opposition, the Trump administration has threatened to slap additional duties on Chinese goods worth 100 billion dollars, after proposing steep tariffs on Chinese imports worth $50 billion.

The US unilaterally proposed steep tariffs on China's goods undermine a rule-based multilateral trade regime, which has been crucial for global growth, said Nobel Prize-winning American economist Joseph Stiglitz.

The US unilateral approach will be a step backward for globalization and cause unbearable outcomes, said former Chinese Commerce Minister Chen Deming at the just concluded Boao Forum for Asia (BFA) annual conference.

Joaquin Infante, the winner of Cuba's national economic prize, told Xinhua recently in an interview that the US contempt for multilateral organizations, such as the United Nations and the World Trade Organization, aims to return to the decades when the United States showed off its economic supremacy.

Jon R Taylor, a political science professor at the University of St Thomas in Houston, Texas, agreed with him, saying: "These tariffs that have targeted China confirm that the Trump administration intends to bypass the WTO's dispute settlement body and unilaterally rely on US law alone regarding the ongoing trade dispute with China."

Klaus Wohlrabe, economist at Ifo economic institute based in Munich, Germany, said the US unilateral moves would severely harm the multilateral mechanism under the framework of the WTO.

No winner for all

The US willful moves to propose steep tariffs on Chinese imports would have a negative impact not just on China and the United States, but also on the global economy, analysts believe.

Kiyoyuki Seguchi, research director of Canon Institute for Global Strategy Studies said in a written interview that in the short term, the protectionism has some positive effects on its domestic industries and brings some benefits, such as increasing employment.

In the medium and long term, protectionism will weaken the US competitiveness and have negative effects on domestic consumers and enterprises, he wrote.

Martin Wansleben, chief executive of the Association of German Chambers of Commerce and Industry, said Trump administration's disregard of international rules and regulations against the backdrop of closely interconnected global economy will lead to no winners, adding Germany and the European Union will be affected finally.

Francis Gurry, director-general of World Intellectual Property Organization, said "technology and production are all globalized" and "the global value chain will be affected by even a dispute between two parties as many other parties are also involved in the chain."

Where to go?

China has hit back against the US unilateral moves proportionally by rolling out its retaliatory tariff plan.

"China was forced to take the action to fight back. There's no way for China to back off," said Ruan Zongze, executive vice president and senior research fellow of the China Institute of International Studies.

"China has to defend its legitimate interests as well as the global multilateral trade regime," Ruan said.

Oxford Economics, a leader in global forecasting and quantitative analysis based in Oxford, Britain, believes that China's reaction is a kind of tactic aiming only to encourage Washington to start talks to reduce the risk of a potential full-scale trade war.

Andras Inotai, research professor at the Hungarian Academy of Science's Institute of World Economics, described the US tariffs move as an "own-goal," saying a sound solution to any trade dispute should be filed at the WTO.

Lawrence Loh, director of Centre for Governance, Institutions and Organizations at the Business School at the National University of Singapore, said: "The United States may actually shoot itself in the foot and risk losing global economic leadership."

"Constructive dialogues should take place to iron out whatever issues that might be bothering either the US or China," he said.

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
CLOSE
 
主站蜘蛛池模板: 国产精品888 | 免费的黄色的网站 | 久久久久久久久艹 | 国产不卡视频在线观看 | 国产伊人精品 | 天天做夜夜爱爱爱 | 日韩久久久久 | 国产毛片久久久久久久 | 浪潮av | 国产一区综合 | 884aa四虎影成人精品一区 | 日本网站在线免费观看 | 成人3d动漫一区二区三区91 | 天天天天操 | 韩国舌吻呻吟激吻原声 | 日本中文字幕在线观看视频 | 日韩在线你懂的 | 一区二区三区日韩视频 | 中文字幕第三页 | 亚洲美女激情视频 | 男人天堂亚洲天堂 | 国产哺乳奶水91在线播放 | 综合久久亚洲 | 久久福利精品 | 污网站在线观看免费 | 久久三级视频 | 超碰中文在线 | 国产一区二区av | 欧日韩在线观看 | 日韩城人免费 | 成年人国产视频 | 欧美日黄 | 亚洲久视频 | 91福利小视频 | 国产又粗又爽又黄的视频 | 第四色av| 精品福利一区二区 | 人人澡超碰碰97碰碰碰 | 成人女同av免费观看 | 操她视频在线观看 | 99久久影院|