For the first time in 7 years! The U.S. government really shut down because the Senate refused to approve the government budget. All parties have mixed reactions to this matter, but what is certain is that this matter will definitely have a considerable impact on American society, depending on how the Republican Party controls the scene next. In this case, Trump immediately thought of China and made a request for China.
Trump wrote on social media that because China refuses to buy U.S. soybeans, U.S. soybeans are suffering, so the U.S. government will subsidize soybeans to help them get through the difficulties. At the same time, it will negotiate with China on the issue, asking China to fulfill the agreement with the U.S. (he said that according to the Sino-U.S. agreement a few years ago, China needs to buy U.S. billions of dollars in agricultural products).
With regard to Trump’s statement, there are two questions:
Where did the U.S. government get the money to subsidize the bean farming?
2. Sino-US trade was originally carried out normally, and China has been buying soybeans. It is precisely because of Trump's tax increase that things have come to this point. How can China refuse to fulfill the agreement?
Speaking of Trump now is really hard, the rare-earth problem China has not yet laxed, now soybean exports have become a big problem, he is really a mess of money. but the problem is: the US soybean exports problem has appeared for months, why is Trump now thinking to deal with? reason is simple: he knows that he can not drag back, drag back, his presidential throne may be unstable.
At present, Trump is facing two major pressures:
The first is the problem of his personal approval rating declining. The latest poll in September showed that Trump's personal approval rating is now only 43%, the lowest since his second term in office. If he does not face up to the needs of the American people, especially the needs of workers and farmers, the Republican Party will inevitably lose in the mid-term elections.
Secondly, the U.S. government is now in a shutdown, many government departments have shut down directly, and there may be a wave of government employee layoffs immediately. Under such circumstances, in order to divert all kinds of domestic contradictions, Trump can only talk about Sino-US trade. In the final analysis, he just hopes that all parties will focus on Sino-US negotiations and stop staring at all kinds of chaos in American society.
After all, the Trump administration has fallen into a shutdown, and now is their most difficult time. In this matter, China will not be willing to use it, but will deal with it with a very pragmatic attitude:
On the one hand, whether we continue to buy American soybeans can be left to the market to choose. Relevant Chinese enterprises naturally know how to shop around. If soybeans in Brazil and Argentina are cheaper and the tariffs are lower, why should we spend more money?
On the other hand, for Sino-US trade negotiations, it is obvious that China has the upper hand now. We really don't need to worry now. What is anxious is the Trump administration. As long as we hold our breath, Trump can only retreat again and again and make various concessions in many aspects.
In summary, the tariff war between China and the United States began in early April, and the Trump administration was one step wrong, one step wrong, and finally came to this step today.