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(yǔ)Fran?ais
Business
Home / Business / China US trade tensions

US tariff threat will backfire, hurt global industry chain

Xinhua | Updated: 2018-04-09 17:27
Share
Share - WeChat

BEIJING - American cherry vendor Marc Pflugrath worries the trade friction between the United States and China will hurt his business.

"I have a lot of concerns about the current actions that have been taken on trade and tariffs. The fact that China is an important customer makes us very vulnerable. I think this is significant, real and serious for rural America," he said.

Pflugrath is one of the millions of American business owners likely to bear the brunt of a potential trade war started by their own government. The United States is one of the largest exporters of fruit through Tmall, the Chinese online retail platform operated by Alibaba Group.

According to Tmall figures, of the 168 billion yuan (about $26.6 billion) in transactions during the November 11 Singles' Day sales last year, 40 percent were from global dealers and retailers, many of which are headquartered in the United States.

A manager who gave his name as Su, from Taiwan Kingo Fruit Trade Group, said Chinese consumers buy about 10 percent of the United States' cherries every year.

The CIF (Cost, Insurance and Freight) cost of US cherries is about 6 yuan per kilo and that of Chilean cherries is 7 yuan per kilo. But if the tariffs are raised on US cherries, they will completely lose their price advantage and concede the Chinese market to competitors, he said.

"This will be a direct blow to cherry farmers in the United States. We have a stable supply from Chile, and the impact for us is quite limited," he said.

US President Donald Trump announced last Thursday he had instructed the US Trade Representative to consider additional tariffs on $100 billion of Chinese imports, after announcing plans to impose a 25-percent duty on Chinese imports worth 50 billion dollars.

China said it will "fight till the end at any cost" and take "comprehensive countermeasures."

Hong Kong businessman Stone Lu blasted the US administration's logic on the tariff hike, saying it is unreasonable.

Lu has plastic bag factories in Hong Kong and Changzhou in Jiangsu province. His company buys technical solutions from US companies Dow Chemical Company and Dupont.

"If the downstream orders for plastic bags are reduced, my factories will be forced to cut production and manpower, but upstream American companies will also bear losses. Their prosperity depends on orders from companies like us," he said.

A tariff hike will cause a drop in orders, and the risks will be borne by each and every company along the globalized industry chain, he said.

In the long term, big, small and medium companies in the United States will become entangled.

"Should a depression be caused, it will be difficult for American manufacturers to endure," Lu said.

"Tariff hikes would prevent Chinese goods from entering the American market, and the American people will have to pay higher prices for the same consumer goods. In a sense, their earnings will be hollowed out. If a trade war breaks out, the United States will hemorrhage jobs," said Yu Miaojie, deputy director of National School of Development at Peking University.

"China-US trade is already deeply intertwined. Free trade and adapting to globalization is the right thing to do," he said.

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
CLOSE
 
主站蜘蛛池模板: 午夜影视在线观看免费完整高清大全 | 久久精品re | 狠狠色噜噜狠狠狠狠黑人 | 国产免费一区二区在线看 | 欧美久久综合 | 天天操夜夜爽 | 国产综合99 | 免费国产一区 | 91三级 | 日韩精品在线一区二区 | 777777777亚洲妇女| 亚洲欧美视频在线播放 | 日本欧美一区二区三区视频 | 99这里只有精品视频 | 成人欧美一区在线视频在线观看 | 96久久久久久| 免费三级大片 | 欧美无乱码久久久免费午夜一区 | 午夜视频一区 | 国产午夜精品理论片免费观看 | 日本高清色惰www在线视频 | 久久黄视频 | 三更饺子1最刺激的一段整集 | 亚洲aⅴ天堂av在线电影软件 | 日本高清动作片www网站免费 | 久久久入口 | 日本VA在线视频播放 | 免费一区 | 99精品视频在线 | 精品国产乱码一区二区三 | 特级做a爰片毛片免费看一区 | 日本高清视频不卡 | 国产乱码精品一区二区三区五月婷 | 双性精h调教灌尿打屁股的文案 | 国产视频aaa | 日韩国产成人资源精品视频 | 国产精品系列在线 | 日韩精品成人a在线观看 | 国产性夜夜性夜夜爽91 | 神马电影网午夜 | 看一级毛片国产一级毛片 |