日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
CHINADAILY Editorial

Move to protect US steelmakers is against norms of world trade

chinadaily.com.cn | Updated: 2017-04-23 19:34
Share
Share - WeChat

Announcing that the United States will investigate whether foreign steel imports harm the country's national security, US President Donald Trump and Commerce Secretary Wilbur Ross have sent an unmistakable message to the big US steelmakers that they will protect them.

National security is rightly a top priority for any country, so it would be understandable if the Trump administration was taking the move to close any potential national security loopholes. But it is not.

Trump on Thursday revealed that the move had been taken simply to help bring back manufacturing jobs to the US, one of his key campaign promises.

"For decades America has lost our jobs and our factories to unfair foreign trade," Trump said. "And one steel mill after another has been shut down, abandoned, and closed. And we're going to reverse that."

What he did not say is that the US' manufacturing decline does not come from unfair competition from foreign producers, rather, it is a natural outcome of the country's high labor costs and domestic market-driven economic restructuring over the past decades.

It is clear that national security is only an excuse to justify the real aim of blocking foreign products to benefit the domestic steel industry. The probe, which will be led by Ross, could result in recommendations on curbing steel imports that will affect the interests of a number of the US' major trade partners, including China.

Yet reducing imports of foreign steel products will not alter the weak competitiveness of US steelmakers. Instead, if the US does take protectionist measures, then other countries are likely to take justifiable retaliatory actions against US companies that have an advantage over those countries in fields such as finance and high-tech, leading to a tit-for-tat trade war that benefits no one.

Trade is indispensible for healthy and sustainable global growth. When disputes arise, the involved parties should resort to the dispute settlement mechanism under the World Trade Organization. It may not be perfect for settling trade disputes, but it is the best mechanism there is to maintain order in the global trade system.

By proposing an unjustified investigation into steel imports in the guise of safeguarding national security, the US seems to be resorting to unilateralism to solve bilateral and multilateral problems.

Unfortunately, it will be hard for it to revitalize its steel industry and the move is only likely to arouse anger from its trade partners, contributing further instability to global trade and the world economy.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 精彩视频一区 | 久久精品综合电影 | 一级尻逼视频 | 一区二区欧美视频 | 亚洲精品成人av在线 | 欧美一级电影视频 | 亚洲视频在线一区 | 日本欧美日韩 | 青青艹视频在线 | 全免一级毛片 | 精久久久 | 日韩欧美视频在线 | 2一3sex性hd| 手机国产日韩高清免费看片 | 毛片免费在线观看 | 午夜久久久 | 一级黄色在线 | 一区二区三区视频免费 | 一区二区三区欧美在线 | 成人午夜精品久久久久久久小说 | 亚洲av毛片成人精品 | 亚洲国产在 | 免费看欧美成人性色生活片 | 久草在线视频资源站 | 米奇精品一区二区三区在线观看 | 久久草在线视频 | 日本不卡在线播放 | 91热视频在线观看 | 日韩国产无矿砖一线二线图 | 午夜午夜精品一区二区三区文 | 免费中文字幕 | 一区二区三区高清在线 | 丰满年轻岳中文字幕一区二区 | 一级特黄aaa大片大全 | 亚洲激情综合 | 欧美日韩综合在线视频免费看 | 午夜影院在线看 | 欧美国产精品一区二区 | 亚洲天堂免费视频 | 国产美女被爽到高潮免费A片小说 | 另类在线视频 |