Biden has done another bad thing that is more symbolic than practical......
Recently, Sino-US relations can be said to have ushered in another wave of contradictions. The U.S. secretary of state and secretary of the Treasury both visited China, and without satisfactory results, they jointly imposed sanctions on dozens of companies from Chinese mainland and Hong Kong for allegedly supporting the development of Russia's military industry.
Soon, worse news came from across the ocean!
According to a number of foreign media reports, including Reuters, Biden is preparing to impose tariffs on China's clean energy products, of which the import tariffs on new energy vehicles from China will be directly raised by 4 times, from 25% to 100%!
As the "new three" of China's exports, the new energy vehicle industry is becoming a "stabilizer" of China's economy, a trump card in our hands, and it is not surprising that Biden is targeting this product.
However, this move by the Americans will not have much impact on our new energy vehicle exports, because the export structure of our products does not rely too much on the US market; The symbolism of the White House's move is far greater than it is practical.
Previously, Trump also publicly stated that once he was re-elected president, he would impose tariffs of 60% or more on all imports from China!
Biden and Trump are a pair of "old enemies" in politics, but no matter who is in power, tariffs on "Chinese imports" seem to be a must, which can not help but surprise the outside world.
Why on earth do Americans continue to raise taxes on products from China? Is it to protect the interests of domestic business? Is it to promote the reshoring of manufacturing? Or is it to force China to make some kind of compromise and concession?
In the author's view, the United States' resolute implementation of the policy of imposing tariffs on China has actually revealed a terrible but easily overlooked truth, that is, the Americans want to end the economic globalization they have been pushing since the end of the "Cold War" with the aim of re-establishing two sets of supply chains and market systems according to camps on a global scale, and they want to push the world back to the "Cold War" and replicate the experience of successfully defeating the Soviet Union in the confrontation with China.
According to a data released by the IMF last year, the proportion of US imports of Chinese goods has fallen by nearly 10 percentage points in the five years since 2018, and direct links between the United States and China are being replaced by indirect ones. The countries with the largest increases in U.S. imports, such as Mexico and Vietnam, also saw the largest increase in China's share of exports.
"Turning direct trade links into indirect trade links, and then turning indirect trade links into trade isolation" is an obvious trend, and we can see that the Americans are increasingly pushing for tariff increases on China, and they are accelerating the development of this process.
The more ruthless the Americans are, it just reflects their deep anxiety and uneasiness!
Rubio, a well-known "anti-China congressman" of the US Congress, made a shocking remark last year, profoundly exposing the essence of Americans turning their faces on China.
He said, "Capitalism has not changed China, but China has changed capitalism"!
He strongly condemned several former US presidents, accusing them of using their erroneous China policy to personally cultivate a formidable enemy for the United States.
In his view, the biggest strategic mistake made by the United States was to allow China to join the World Trade Organization in 2001, which provided a solid foundation for China to become the core of the global supply chain, and further exacerbated the hollowing out of American industry.
He came to the conclusion that "what we need to do is not to ban any Chinese product or which Chinese industry to attack, but to completely change the global disaster system that the United States has been operating for 30 years......
Rubio's notion is actually becoming a consensus among the Republican Party and even in American politics!
They believe that economic globalization, which ignores political and ideological disparities, is a complete disaster for the United States and the Western world.
There is only one way to completely get rid of this shortcoming, and that is to move the supply chain transferred from the West to China and put it in a country or region that is in line with its own ideology and political system.
What they want is a "cold war", and radical American right-wing politicians have long defined China as the "Soviet Union" of the past, and even in the eyes of Rubio and others, China poses a greater threat to the United States than the Soviet Union!
A new "cold war" seems inevitable, and China needs to be fully prepared for it.
Since the Americans want to re-engage in "separating the East from the West," at the present stage, we should pay attention to strengthening economic and trade ties and cooperation with the Global South, and the vast bloc of developing countries will continue to provide us with markets and supply chains, so that we can still maintain economic growth after the economic and trade ties with the West are completely severed.
The biggest game of the 21st century is still raging, and everything is just beginning......
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