Text|Yahara Yanagi
All of the statements in this article are based on reliable sources and are reproduced at the end of this article
Preface
Recently, Biden has started his own small actions again, and even directly pointed the finger at China!
On May 14, the White House announced that it would impose tariffs on Chinese goods.
Whether it's computer chips, electric cars, or medical supplies, they're all on the U.S. tax list.
The reason why the United States has done this is actually to control China's new energy industry.
In the face of the shameless behavior of the United States, China has directly and forcefully responded, and it is not afraid of the hegemonic behavior of the United States in the slightest.
After seeing China's response, many netizens said that Tesla's illusions were about to be shattered!
The United States increases tariffs
Recently, Biden's actions have completely left netizens speechless, and they have accused each other of shameless behavior.
In recent days, there have been relevant media reports that the United States will impose tariffs on Chinese goods.
One of the most striking is China's electric vehicles, which have already imposed tariffs of 100%!
Reference: The Paper2024-05-13 "Global Preview|The United States Plans to Impose 100% Tariffs on China's Electric Vehicles, South Korean Foreign Minister Visits China Today"
The world is aware of what the United States is doing, not only in the field of electric vehicles in China, but also in some other Chinese products.
In the face of the news of the tariffs imposed by the United States, China quickly made a strong response, saying that the behavior of the United States can be said to be selfish to a certain extent, not only interfering with the normal trade between China and the United States, but also blatantly violating the rules of world trade.
The actions of the United States have had an impact on global trade, and have even openly disrupted the order of world trade.
At that time, the United States first released the news of the increase in tariffs on Chinese goods, but did not officially announce it, and in the face of the United States' behavior, the Chinese side immediately said that the United States would cut off this idea, hoping that the United States would abide by the rules of the World Trade Organization and not act selfishly.
If the United States insists on increasing tariffs on Chinese goods, then China will also take necessary measures to defend its rights and interests through necessary means.
However, as time passed, the Biden administration in the United States still announced the news of tariff increases, regardless of the impact that this move would have on world trade.
Reference source: Sina Finance 2024.05.14 "The United States intends to impose 100% tariffs on China's electric vehicles, and China will take all necessary measures"
The reason why the country destroys the country and makes such an act that harms the interests is for the development of its own national enterprises.
As early as before, U.S. Treasury Secretary Janet Yellen has repeatedly mentioned China's "overcapacity", saying that China should not subsidize investment in its own companies.
Because the purpose of this is likely to produce a competitive relationship, the advantages of China's electric vehicles can be said to be obvious to all.
In Yellen's statement, if China exports Chinese energy vehicles to the world, American auto companies do not have much advantage, so there is a theory of "energy surplus".
However, the Chinese side obviously does not agree with this statement, believing that the United States has simply achieved "double standards"!
Wang Wenbin of the Ministry of Foreign Affairs made it clear that the United States "only allows state officials to set fires, and does not allow ordinary people to light lamps."
Reference: Red Star News2024-05-14 "Yellen Talks About "China's Overcapacity Theory" Again, the Ministry of Foreign Affairs Hit the Nail on the Nail on the Shoulder"
If China exports its own advantageous goods, then it is "overcapacity" and does not give other enterprises room to survive.
However, if the United States exports its superior products to the outside world, the term "free trade" will be replaced by "free trade", which has nothing to do with overcapacity at all.
Moreover, the double standard behavior of the United States obviously does not end there, and when China subsidizes its own enterprises, it is "unfair competition", which is easy to affect the enterprises of other countries.
However, if the United States subsidizes itself, it is a "vital industrial investment", and such a double-standard behavior is enough to see the selfishness of the United States.
And this time Biden of the United States increased tariffs on Chinese goods, also in order to seek his own strength and achieve his own goals by harming China's rights and interests.
Now is the time of the U.S. election, and there are political factors in Biden's choice, and if tariffs are increased, it will have a great impact on local businesses in the United States.
The behavior of the United States is entirely based on its own interests, and in order to enhance the competitiveness of its own enterprises, it does not hesitate to restrict other countries and harm the trade rights and interests of others by imposing tariffs.
However, even if the United States has made such a shameless act, China has no fear at all and has already responded, among which Tesla is the most "injured"!
Reference source: China Daily 2024.05.15 "The United States imposes tariffs on China's electric vehicles, and American netizens criticize it: when China's production efficiency is higher, the United States engages in protectionism"
Shatter Tesla's illusions
In fact, to some extent, the United States has imposed 100% tariffs on China's electric vehicles, which is equivalent to an empty punch!
China's electric vehicle industry does not need the U.S. market, especially in the supply chain, where the U.S. is of no use.
So even if the U.S. wants to force tariffs, it won't have much impact on China's electric vehicle industry.
China's electric vehicle industry has slowly matured, especially in the absence of the U.S. market, which will not reduce its international competitiveness.
Even the U.S. electric vehicle market needs China's cooperation, and without the stimulus and trade of Chinese goods, the U.S. market economy will slowly regress.
There is no doubt that the United States has shot itself in the foot by raising tariffs, not only failing to achieve its own goals, but also putting its own market situation in a dilemma.
Especially for Tesla, the U.S. increase in tariffs on China has completely restricted Tesla's development.
According to the relevant facewash, the Chinese market plays a vital role for Tesla, and the vast majority of its parts are related to China.
Therefore, the imposition of tariffs by the United States is also a serious blow to its own country's car companies.
Tesla announced earlier that it would carry out major layoffs, and Musk also bluntly said that it was a difficult decision.
Reference source: Shangguan News 2024.04.16 "Tesla suddenly announced that it would lay off employees: more than 14,000 people!" Elon Musk: A Difficult Decision
The U.S. decision to impose tariffs this time will also allow China to fight back, among which Tesla, as an American car company, will naturally bear the brunt and will be affected in all aspects.
Musk made a surprise visit to China at the end of April and single-handedly made Tesla's market value skyrocket by hundreds of billions of dollars, so the Chinese market is indispensable for Tesla's development.
Reference source: Red Star News2024-04-29 "Behind Musk's "flash" in Beijing: there are also these global car company executives who go to China and compete to cooperate with Chinese companies"
And Musk has also personally said that he is a super fan of China, and I don't know how he feels about the decision of the United States this time.
If China strikes back, Tesla's position in the Chinese market will no longer exist.
brief summary
What the United States has done can be said to be "lifting a stone to shoot itself in the foot," and it will be the United States itself that loses in the end!
Reference Sources:
The Paper2024-05-13"Global Preview|The United States Plans to Impose 100% Tariffs on China's Electric Vehicles, South Korean Foreign Minister Visits China Today"
Sina Finance2024.05.14 "The United States intends to impose 100% tariffs on China's electric vehicles, and China will take all necessary measures"
Red Star News2024-05-14 "Yellen Talks About "China's Overcapacity Theory" Again, the Ministry of Foreign Affairs Hit the Nail on the Shoulder"
China Daily.com2024.05.15 "The United States imposes tariffs on China's electric vehicles, and American netizens criticize it: when China's production efficiency is higher, the United States engages in protectionism"
Shangguan News 2024.04.16 "Tesla suddenly announced that it will lay off employees: more than 14,000 people!" Elon Musk: A Difficult Decision
Red Star News2024-04-29"Behind Musk's "flash" in Beijing: there are also these global car company executives who go to China and compete to cooperate with Chinese companies"
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