Lead
"The U.S. battery against China, indirectly the continuation of sanctions against China, and greater tariffs and bans against China."
"If the U.S. sanctions on Huawei are still within reasonable control, then the U.S. continues to impose sanctions on Chinese batteries..."
U.S. sanctions on Chinese battery accessories turned into a joke for the U.S. overnight.
"Since June 1, the U.S. government has canceled tariffs on China's battery parts, and it has directly provided benefits for U.S. battery companies, carried out zero-tariff trade on batteries, and also subsidized U.S. auto companies to buy Chinese battery parts duty-free, is this a relaxation of sanctions against China?"
The U.S. sanctions against China are so severe, and the previous ban on taxes is aimed at China, so why has this policy changed?
In the context of a globalized economy, what kind of policy adjustments will the U.S. government make to global partnerships, and what is the meaning of this policy?
1. Why does the United States subsidize American auto companies to buy Chinese battery parts tax-free?
As the world's largest economy, the United States can also be said to be flexible and full of possibilities in drafting policies.
The global industry is very complex, especially the trade system, there are many internal rules, and the United States does not abide by all the rules.
At the same time, the policies formulated by the United States are recognized by most countries, which is also a manifestation of the United States' ability to impose rules.
In 2018, the U.S. government proposed a 25% tariff on $200 billion of Chinese goods, followed by a round of tariffs on $55 billion of goods in 2019.
What the United States is good at is working sanctions, for example, the sanctions on Huawei have been quite ruthless in the world, except for the United States, other countries have to listen to the United States.
The U.S. sanctions on battery accessories initially imposed tariffs of more than 30% on China's battery parts, which caused a lot of pressure on China's battery manufacturers.
At present, there are only 25 battery manufacturers in the United States, and the battery is insufficient, and the battery is the core reason for restricting the research and development of electric vehicles.
"Community Health Care in America after Obamacare" mentions:
Obama wants to reduce medical spending in the United States through health care reform, but he has no experience and no members, and the health care legislation in the United States is held back by some vested interests.
These interests have attacked each other and have continued to check each other for more than a year, and at present, only the Dover region in the United States has launched the Obamacare reform plan, and other vested interests have not moved and have not made progress. ”
During Obama's tenure, Obama tried and discussed the health care reform in the United States, but the vested interests in the United States are too large, and it will take a long time to implement the health care reform in the United States.
The same is true of the United States in terms of decision-making, the country's democratic society is very prosperous, so after the U.S. government formulates a policy, there are often some people who make some adjustments to the benefit of the policy.
The U.S. trade is very large, and it can be said that the U.S. occupies a large weight in trade, and the policies formulated will arouse the public feelings of neighboring countries and even the world.
In terms of Chinese battery parts, the United States quickly adjusted the tariffs on Chinese battery parts, reducing the tariff from 30% to 22%, which is a very large range.
"Why the United States will adjust so quickly, whether exports are beneficial or unfavorable to the American industry, the United States will weigh this and then make adjustments, but the adjustment of the United States is not only the above points, but the more important point is the market demand."
The battery industry in the United States is driven by the automobile industry in the United States, but in today's environment, electric vehicles have been widely popular, and the growth rate of battery demand in the United States has greatly increased, while the shortage of supply in the United States is extending outward, which has also led to the inability of the American industry to operate normally.
The U.S. government has also seen this, so according to the market demand and the current situation of the U.S. industry, the battery tariffs have been adjusted, which has caused a huge burden on Chinese manufacturing companies, and it is also a kind of protection for domestic battery suppliers.
In addition, the United States automobile OEMs also need battery accessories very much, if the United States does not have enough batteries, its electric vehicle products can not keep up with the market demand, which has caused huge losses in the field of electric vehicles in the United States, and will also hinder the research and development of electric vehicles.
Therefore, in order to promote the electric vehicle research and development industry in the United States, the U.S. government finally decided to provide tax-free subsidies for battery accessories to ease tensions in the United States.
Second, U.S. auto companies can buy Chinese battery parts and get tax-free subsidies, what are the benefits for battery suppliers and auto companies?
The U.S. auto host companies currently include the world's leading companies, such as Tesla, etc., but Tesla is not enough in terms of batteries, and only a small part of the models can use Tesla's own research and development of battery cells, and they are super batteries.
Tesla's super battery is not supplied to the outside world, and the only battery cells that can be used on the market are inferior cells, so there are often some problems in the production process.
The battery production capacity in the United States is also very limited, so when Tesla produces electric vehicle products, the battery cells often need to be imported, and most of the battery cells are imported from China, because China's battery production capacity is quite large, and the global sales of its battery products account for 76%, and the quality has also been tested globally.
In the import process, because the United States has imposed a 30% tariff on Chinese batteries, the cost of imports will be greatly increased, and Tesla in the United States is also trying to reduce costs.
The U.S. government has provided tax-free subsidies for batteries, which is good news for Tesla, which can import battery cells directly from China, and the policy has three major benefits for Tesla.
The first is to reduce the cost of production, the current Tesla in the assembly process, has achieved complementary advantages, with the battery tax subsidy, Tesla's cost will be further reduced, but also to further reduce the price of the production of cars, so as to give profits and benefits back to consumers.
Second, it can improve Tesla's competitiveness in the U.S. electric vehicle market, and whoever can make electric vehicle products with lower prices and better performance will gain a foothold in the market and be able to occupy more market share.
At that time, Tesla in the United States will also be able to sell its own electric vehicle products to the world through exports, and can also import battery cells from China, so as to further expand Tesla's global electric vehicle market share in the world.
Finally, it can alleviate the difficulties faced by battery suppliers in the United States, the current battery suppliers in the United States have limited production capacity, and it is difficult to meet the current demand of OEMs, so being able to import batteries from China can directly solve the needs of the United States in terms of batteries, and at the same time can provide high-quality batteries for OEMs.
The U.S. tax exemption subsidy for China's battery parts this time is also very good for China's battery suppliers.
China's battery companies occupy a very large share of global battery production, and are also the leader in batteries, and domestic batteries are also very advantageous, so the tax exemption policy in the United States provides a door to the American market for battery suppliers, which is conducive to the market share and influence of Chinese battery brands in the world.
3. What will be the consequences of the United States easing sanctions against China?
The release of the tax exemption subsidy policy for battery parts in the United States has also raised questions in the United States, believing that this policy of the United States is "soft" on sanctions against China, and people have different views on this.
On the one hand, it is believed that "the adjustment of China's battery parts by the United States is a kind of sanction against China, and now the United States wants China to sell battery accessories to us, and when the battery accessories enterprises face bottlenecks, we will use this principle to sanction China."
If we relax China now, it will be difficult to impose sanctions in the future, and the United States will not only fall into a passive position, but also lose the prestige of a powerful country, which will only cause the US economy to shrink more rapidly in the world. ”
On the other hand, the view is that the battery tax exemption subsidy in the United States has a positive effect on the promotion and research and development of electric vehicles, and the battery tax exemption subsidy in the United States for China is more beneficial to China.
China's long-standing relationship with the United States and the world has been based on mutual trust and equality, and restrictions and sanctions will affect the long-term relationship between the two countries.
In the context of globalization, there are already huge linkages between countries.
The environment in which people live and work has also become more colorful, and the improvement of wisdom and ability has also benefited from the progress of various science and technology.
In order to achieve better development in many fields, countries need to be open and cooperate and share the results.
The United States is still a reasonable adjustment to China's battery duty-free subsidies, and the United States does not want to see difficulties in the automobile industry because of battery supply, so the adjustment of the battery duty-free policy is to adapt to the global industrial chain.
The United States also has a lot of ambitions in the development of electric vehicles, and its domestic Tesla is also an ambitious enterprise, and the tax exemption policy for batteries in the United States is both a benefit and a disadvantage for Tesla, so Tesla is also constantly looking for its own development path.
While the United States is exempting taxes on Chinese batteries, it will also impose "soft" sanctions in other aspects, so the cooperative relationship between China and the United States needs to be more diversified and cannot be generalized.
epilogue
The U.S. policy on China's battery tax exemption is ostensibly a "soft" relaxation for China, but this is an adjustment to the global cooperative relationship and the development of the times.
China's battery industry no longer needs to be too entangled in the "soft" relaxation of the United States, but will focus on open cooperation, as long as it can cooperate and develop together on a global scale.