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
Opinion
Home / Opinion / Editorials

Winning a trade war is not so easy, Mr President: China Daily editorial

chinadaily.com.cn | Updated: 2018-06-26 20:36
Share
Share - WeChat

By using tariffs to force US companies to import less and targeting Chinese investment in high-tech industries in the United States, US President Donald Trump is implementing a simple plan to blunt the competition from China and help create jobs in the US.

But it is a strategy that is disrupting the supply chains that are the foundation of the global economy, which include those of the US.

By targeting the supply chains of the US' high-tech manufacturers and restricting Chinese investments in US high-tech, the Trump administration aims to disrupt Beijing's own plan to move China's manufacturing up the value chain, and create jobs in the US that it hopes will translate into votes.

But in doing so its trade shots are being felt far and wide, not least by itself.

While tariffs can be easily and quickly scrapped, the supply chain effects of Trump’s protectionism will not be so easily undone, as its policies are influencing investment decisions that require long-term outlooks. And these decisions, even if by US companies, will not necessarily be in the US' favor.

US motorcycle maker Harley-Davidson, for instance, is voting with its feet against the administration's stance on trade. Having already announced plans to close a factory in Missouri and build one in Thailand, after Trump pulled the US out of the Trans-Pacific Partnership — which would have lowered barriers to key markets in the Asia-Pacific — the iconic US company has now announced its plans to move more of its production out of the US, this time to Europe, citing the increased burden Trump’s tariffs have imposed on it.

The decision by a manufacturer synonymous with Made in America shows that the administration’s policies are backfiring.

And predictably, Harley-Davidson, whose stock price tumbled this week, and its US workers will not be the only victims if the Trump administration persists with its current stance.

If the Trump administration continues to resort to coercion to try and achieve its political objectives, it will face more reciprocal measures from its trade partners, which means even more US industries and workers will feel the pain of its policies.

While time may heal the damage done by the administration's reveling in ideological willfulness, it would be better for all if it came to its senses and realized there will be no winners in the trade war it is waging.

Most Viewed in 24 Hours
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: 六月激情 | 久久久人成影片免费观看 | 日本捏胸摸下面免费视频 | a级片在线免费播放 | 国产欧美亚洲精品a | 精品欧美一区二区在线看片 | 久久久久久99 | 毛片a片免费看 | 免费一区二区三区 | 亚洲免费中文字幕 | 九九视频九九热 | 91视频在线观看免费 | 一二三区av| 久久久久久综合一区中文字幕 | 国产一级精品高清一级毛片 | 五月婷久久 | 91在线精品秘密一区二区 | 欧美一区二区三区四区视频 | 免费看那种视频 | 日韩男人天堂 | 午夜影视在线观看 | 色在线视频| 日韩日b视频 | 在线a人片免费观看国产 | 亚洲精品中文字幕大岛优香 | 久久精品无码一区二区日韩av | 老司机免费福利视频无毒午夜 | 亚洲成人精品在线观看 | 久久日本精品国产精品白 | 综合天天 | 国产精品国产三级国产播12软件 | 国产在线精品一区 | 日本国产最新一区二区三区 | 爱色av| 男女啪啪片 | 久久一二区 | 国产精品久久久久久免费软件 | 成人午夜免费视频 | 99久久国产综合精品女小说 | 精品中文字幕一区二区 | 这里只有精品在线视频观看 |