China in 48 hours offered three major countermeasures, Trump was upset and angry recently in China and the United States in the wrist, China in 48 hours offered three major countermeasures, which caused widespread attention, Trump also reacted with embarrassment and anger.
The beginning of the event is clear: the U.S. Trade Representative’s Office announced 301 final measures in April this year, and from 14 October to charge port service fees for Chinese companies’ owned or operated vessels, Chinese-built vessels, Chinese-owned vessels; then, the Chinese Ministry of Commerce and other departments in 48 hours, three calls, positive response.
The fact is that a dozen foreign companies involved in key fields such as anti-drone technology are included in the list, limiting their business in China. Because of this, these companies in China order, supply, maintenance will be carded. My brief comment is that this tip points to the pain, the name of the company is mostly related to sensitive technology, both to the prevention of risk and to the domestic supply chain space. Similarly, the list is not once and for all, and subsequently will be dynamically adjusted, enterprises get the amount and the way to deal with China.
The second measure is to strengthen export control of rare earth-related items. In fact, everyone knows that rare earths are key materials in many high-end equipment and are widely used in motors, sensors, and guidance systems. As a result, China has tightened its doors, raw materials for the U.S. military and high-tech chain have become more difficult and more expensive. Besides, there has been a disturbance before in which the F-35 delivery process was interrupted due to the source of parts, which shows that this piece is indeed fragile. My brief comment is that this move pays attention to rhythm, which not only protects domestic resources, but also allows the other party to carefully measure the cost and time of alternative solutions.
Third, announcing a "special port charges for ships" for U.S. ships. The fact is that China, in accordance with the "International Maritime Regulations of the People's Republic of China", also applied from October 14, extends to U.S. ships. At the same time, the port service charges on the U.S. side are also landed. Because both sides add money, shipping companies need to account, routes may change, prices may rise. My brief review is that this is the peer pressure, point selection in the port, affecting directly to the merchant and consumers, the transmission is the fastest.
Let's look at the US reaction. Trump told a White House cabinet meeting: "We import a lot of goods from China, and maybe we have to stop doing this." These are the exact words. The brief review is very direct. This kind of statement sounds tough, but it really cannot be stopped. American retailers, manufacturing, and farms will all cry out in pain, so it is more like a gesture for the country.
Pull a line forward. On September 13, China's Ministry of Commerce announced an anti-dumping investigation into U.S. semiconductors and agricultural products. The truth is, both categories are the focus of U.S. exports. Because of this, the pressure on the United States increased, and Trump quickly named the European Union and the G7 on social media, demanding that they impose 100% tariffs on China goods together. My brief comment is that attracting allies is an old way of doing so, but many countries in Europe and Asia have to settle their own accounts. Tariffs are too fierce, and inflation and supply problems will follow. Verbal support is easy, but it is not certain to follow up.
There is also another change at the practical level. What companies are most concerned about now are the detailed rules for the implementation of the list, the rare earth control catalog, port charging standards and scope of application. Similarly, how to calculate the new US fees and how to deduct the special port fees on China are matters that freight forwarders and shipping companies will have to resolve on the same day. Because these detailed rules will determine the actual cost, and the result will also determine who transfers the order and who can take it.
At night, at Pier 5 of Tianjin Port, the door crane lifted the box from the deck. The dispatcher stared at the screen to check the berthing time, and the window staff posted the new charge notice on the glass. In the next round, will we continue to increase the weight on the port line, or will we turn to chips and materials?