The cease-fire period has not yet been completed, how did China and the United States do it again?
The recent economic trade dispute between the US and China has changed again, originally in May, in Geneva, Switzerland. The hard-reached "trade ceasefire" atmosphere was broken by the United StatesDuring this time, the U.S. side tightened export controls on Chinese companies, trying to get stuck in the neck of our advanced semiconductor development; on the other hand, it imposed an additional "port fee" on Chinese-made ships. This is clearly a unilateral escalation of tensions-the United States does not want a real easing of Sino-US trade relations.
Faced with this situation, China has introduced a new regulation on the export of rare-earth materialsAny rare-earth items containing Chinese ingredients must be approved to export.This can be stamped in the United States, after all, the U.S. high-tech and military industry, can not be separated from China's rare-earth supply.
The US is clearly unprepared for China's new counter-rule.U.S. Trade Representative Greer quickly came out and said that it was very "unexpected" that China didn't inform the new rare earth regulations in advance. He also said that he wanted to make a phone call but was rejected. This statement exposes the anxiety of the United States.。 Trump had previously said that he would impose tariffs. As a result, on the 10th, the U.S. stock market suffered a "Black Friday", trillions of dollars in market value evaporated, and millions of investors suffered a tragic explosion. This market avalanche has undoubtedly poured cold water on the tough Trump administration. Later, Trump's attitude softened again, saying, "Everything will be fine." In fact, anyone with a discerning eye can see it. It is the Chinese counter-reaction that makes them passive and has to lower their gestures.
Just at the moment when China and the United States had just met, there was an important meeting in Beijing that deserved attention. Foreign Minister Wang Yi is waiting for the guest of Canadian Foreign Minister Anand.As planned, Anand 16 will be in Beijing and interview with Foreign Minister Wang Yi. This visit is not a simple courteous meeting, and the background is the "continuing painful trade war" between China and China. This time, Anand, mainly wanted to improve the trade relationship between the two countries, and also intends to promote Canadian Prime Minister Carney and China's top level to meet and talk about cooperation during the APEC summit in Chongqing, South Korea, at the end of October.
Before this meeting, there was already a special letter paving the way for communication between the two parties. This letter was written to Prime Minister Carney from Manitoba Governor Kinew, Canada on the 11th. The letter made it clear: Hurry up and cancel the 100% tariff on Chinese electric vehicles! Why is Governor Kinew so anxious?Because Canada previously raised tariffs on China, our country immediately took countermeasures, the western region of Canada was first affected by it, the oil seed price fell sharply, the pork meat industry suffered a great loss, Saskatchewan province's oil seed exports to China dropped directly in the same proportion of 76%, local farmers and enterprises are not able to withstand. Kineu is very clear that the trade war triggered by the tax increase has caused difficulties for the western economy. Only by abolishing a series of discriminatory tariffs against China can we exchange sincerity with China and get China to cancel tariffs on agricultural products such as rapeseed. Only then can bilateral trade between China and Canada be back on track.
and then Will Carney agree to Kinew's request?Per The Canadian government has considered this for a long time.Previously, Trump also pressured 30 countries, including Canada, to raise tariffs on China, but the Canadian Minister of Agriculture had revealed at the time, They are considering waiving or reducing China's tariffs on electric vehicles, and this was ordered by Prime Minister Carney。Why would Carney do this? On the one hand, Canada is unwilling and cannot lose China, the most important rapeseed market; on the other hand, China and Australia have recently reached a rapeseed cooperation framework agreement. If Australia occupies China's rapeseed market, it will be difficult for Canada's rapeseed to re-enter, and the losses will naturally be greater.
In general, it is not difficult to see from this series of incidents that unilateral bullying against China is no longer feasible. Whether you are a world leader or a traditional American ally, you have to recognize the reality in front of interests and ultimately return to the right track of mutual respect.。The next meeting between Foreign Minister Wang Yi and Anand may be a key step in breaking the current trade deadlock.