According to the information obtained so far, U.S. Treasury Secretary Yellen explained in front of the U.S. policy of imminent tariffs on China, clearly stating that Biden has provided an explanation of relevant policies to the Chinese government, and also made it clear that the U.S. move is not to directly cut off ties with China's economy, but to further ensure the competitive environment in the United States.
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In the face of the previous speculation of many media that the measures taken by the United States are to avoid China's dominance in many fields, Yellen also made a clear denial of this when interviewed by reporters, believing that what the United States did was not the purpose of this trip, but at the end of the day, she unexpectedly leaked her mouth.
It is believed that if China takes necessary countermeasures because of the problem of increasing taxes in the United States, which has a certain impact on the United States and many companies, then the United States is likely to fight back. In fact, the main meaning expressed is to show that the current Biden administration's interpretation of this policy is not what the outside world speculates.
Hua Chunying also responded and countered Yellen's series of responses in an interview on the 13th, arguing that the United States meant that it could use various methods to support a series of industries in the United States, but if China also took the same measures, it would cause unfair competition in the market.
Yellen also expressed the second meaning in the interview, which is a clear hint that a series of American companies in China have already felt the hostile attitude of China, and they are also very uneasy about it, as if they think that China is likely to attack Tesla, which will lead to a series of impacts on Tesla's economy or subsequent development.
The current measures taken by China are completely different from those of the United States, which may avoid competition just to curb the development of other enterprises, but China has always hoped to meet stronger enterprises to compete and achieve the goal of common progress.
Yellen's remarks come at a time when Tesla's application for a Gigafactory in Shanghai has obtained a license certificate, and this factory is also Tesla's first Gigafactory outside the United States, and according to Tesla's plan, this factory is likely to be mass-produced by 2025.
And Tesla's license once again shows that Yellen's words are a kind of sowing discord between Chinese and American companies. Many experts believe that the tariffs imposed by the United States may also be a warning and provocation to China, after all, the Chinese companies included in the tariffs are not overly dependent on the American market, especially in the field of electric vehicles.
According to insiders, the Biden administration has also issued a series of notices to its own photovoltaic industry, indicating that China's solar panels have not been added to the products with increased tariffs. This has also increased speculation about the US move, and it is likely that it wants to get more votes in this way.
In the face of the statement of tariffs imposed by the United States, the Ministry of Foreign Affairs of the mainland has also made preparations for the imminent response, and if the Biden administration raises tariffs as planned, then it is believed that the mainland will also use all methods to defend the rights and interests of the mainland. However, it also said that the mainland will not retaliate against American companies on the mainland like the United States.
Although the mainland has always been safeguarding peace and development between countries and between countries, it is bound to take strong measures to counterattack excesses in the face of excesses, so as to safeguard the mainland's rights and interests and territorial integrity.