Text | Lin groaned softly
Edit | Lin groaned softly
Sources: All statements in this article are based on sources believed to be reliable
Preface
The United States is going to do things again, and during this time, the United States has been sparing no effort to suppress China, and often talks about "overcapacity".
The front foot has just revoked the export license of Intel and Qualcomm to China's advanced chips, and the back foot intends to make a decision to increase tariffs on China's new energy electric vehicles, photovoltaic solar panels and batteries.
According to reports, the Biden administration in the United States will soon shift its target to China's new energy electric vehicle field, and increase the previous 25% tariff again by four times to 100%.
It's an unbelievable decision, but when you think about it, it's something the United States can do.
However, according to the analysis of professionals, this move by the United States will not really weaken China's economic strength, and may even harm itself.
This also makes people curious, what will be the situation of the next trade war between the United States and China, and can the United States really punch cotton?
A punch on the cotton
Over the years, China has made outstanding achievements and contributions to the development of new energy fields, whether it is new energy trams or photovoltaic solar panels, which are now areas that China attaches great importance to.
Similarly, the United States attaches great importance to this, and in order to combat China's economic development, the Biden administration wants to implement a new round of extreme policies.
On May 10, according to the Wall Street Journal of the United States, the White House will announce a new decision on tariffs on China's new energy trams next week.
Observer.com2024-05-11 - The Biden administration intends to impose four times tariffs on Chinese electric vehicles? U.S. analysts warn: China will fight back
This time, the United States is about to raise economic barriers to China again, raising the tariff on new energy electric vehicles to 100%, and other countries that want to import cars into the United States will also be subject to a 2.5% tariff.
It can be seen that the United States has spared no effort to target China, and relevant people say that this measure is to protect their own auto companies.
On the same day, at a press conference, the Ministry of Foreign Affairs once again expressed its stern condemnation of a series of violations by the United States, and said that if the United States really does this, our country will also take strong measures to counterattack.
In fact, the United States has imposed a high tariff of 25% on China, and to a large extent, many more cost-effective electric cars have been introduced outside the American market.
However, the Biden administration still feels that it is not enough, because the scale of China's manufacturing industry is too large, and for this reason, they will still spare no effort to take measures to impose tariffs to carry out so-called "homeland protection".
In addition, all the tariffs imposed by the United States on China are still in progress.
The decisions made by the United States seem to have been extremely effective in suppressing China's industrial development, but there are reports that the United States has actually made no effort at all.
China's export volume of new energy trams is increasing, and it is not inferior to the competitiveness of major foreign automobile brands.
Nowadays, it plays an important role in promoting many fields such as Southeast Asia, the Middle East, and Africa, and we do not lack the United States market.
In terms of photovoltaic solar panels, China does not have any need to rely on the United States, and China has also achieved independent innovation technology in this field, and even in the in-depth development of these years, it has gradually ranked among the best.
Today, China alone accounts for 80% of the global investment in photovoltaic modules, and many countries around the world rely heavily on our photovoltaic solar panels, even the United States.
In the field of batteries, the mainland also occupies a large share, with an investment amount of up to $110 billion last year alone.
Reference News2024-05-07 - Global PV module manufacturing, 80% of China's investment
Now Biden has been deeply aware of the importance of the photovoltaic field, and he has implemented many preferential policies to promote the development of the local photovoltaic industry.
However, with China's photovoltaic industry already firmly rooted in the world, the development of these American companies is also extremely difficult, so the US tariffs cannot really shake China's industrial development.
Changing China's dominant position in these areas will require controlling markets other than the United States, which the United States cannot do.
On the other hand, if the United States implements such an extreme tax policy, it will only be themselves who will be affected the most, but in fact, the United States has another more important purpose in doing so.
The real purpose of the United States
If the United States completely bans Chinese new energy electric vehicles from entering their market, the United States will first need to face more severe pressure to save energy and reduce emissions.
The development of electric vehicles in the United States itself is now slowing down, including the charging infrastructure in the United States, which is also slowly built, and the price of electric cars in the United States is relatively high, so people are more willing to choose gasoline vehicles.
On the other hand, the United States is reluctant to accept China's supply chain for political reasons, which will hinder the competitiveness of the American auto industry to a large extent, and then affect the development of the American electric car field.
The U.S. government keeps saying that the reason for doing this is to protect local car companies, but the owners of car companies obviously do not appreciate this statement.
According to the CEO of Maserati, only by really reducing the construction cost of the car and achieving a higher cost performance can it truly compete with Chinese trams.
But on the other hand, this move by the United States will indeed have an extremely bad impact on China.
The United States has taken the lead in ignoring WTO rules and increasing such unreasonable tariffs, which is likely to cause other countries to follow the United States in their future policies.
From this point of view, the "killer move" of the United States will indeed pose a certain threat to China.
Another very important purpose is that the U.S. presidential election is imminent, and Trump wants to return to the presidency.
Previously, he claimed that if he was elected, he would consider increasing high tariffs on Chinese imports by more than 60%, and as a rival of Trump, Biden certainly did not want to.
That's why he wants to decide in advance to impose 100% tariffs on China, so as to win votes for himself and affect the outcome of the election.
In any case, this move by the United States is an abuse of power, affecting the stability of the entire international market, and even affecting the bottom line of other countries' trade, which is really shameful.
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