Under a new round of trade war, the US Treasury Secretary did not pretend, threatening that the United States could raise tariffs on China to 500%.

Under the new round of the Sino-U.S. trade war, Trump's previous threats didn't work, and China ignored and reiterated China's position of not being afraid of fighting, preparing for a lasting war with the United States. The U.S. has recently become irritated and angry, and the U.S. Treasury Secretary has even said the U.S. has the ability to impose 500% tariffs on China, which is five times more than Trump¡¯s initial threat.

On October 15, local time, senior U.S. officials held a press conference. U.S. Treasury Secretary Bescent and U.S. Trade Representative Greer both stated that the U.S. will take new tough actionsThe U.S. Treasury Secretary stated that the U.S. does not want the situation to escalate, but China's tightening of rare earth controls disappointed the U.S. side. He also once again mentioned China's purchase of Russian oil, saying the United States has the ability to impose 500% tariffs on China.

This is not the first time the United States has threatened to impose a penalty tariff of 500% on China, and a few months ago, the two parties in the U.S. Congress joined forces to propose a draft that would impose secondary tariffs of up to 500% on countries that buy Russian energy.

Today, the U.S. Treasury Secretary has a long-standing intention to expand the scope of the Sino-U.S. trade issue, but also to put maximum pressure on China. he also stressed that European allies must also participate in the action, and the United States may be about to impose higher tariffs on China.¡£

However, the 500% tariff is too extreme, and various foreign media believe that it is impossible for the US to really implement it.It is true that the 100% tariffs that Trump claimed at the beginning are not yet grounded, and then rise to 500%, which is not only to give yourself two fists, it is to shake the entire world economy. This is more verbal deterrence, trying to coerce China in exchange for concessions¡£

On the same day, the US Treasury Secretary also said that some special means are needed to deal with China. He revealed that the Trump administration is trying to strengthen the control of enterprises in key strategic areas of the United States and respond to China's new measures.Because the United States relies not only on China's rare earths, but also on batteries.

China is also occupying a leading position in the world in battery production, and the United States is trying to develop American-made products in these fields, especially products related to national security. The U.S. government is preparing to directly take stakes in these companies to control their output. This way, the United States can reduce dependence and control sensitive technology¡£

The U.S. Treasury Secretary said that the U.S. government has already clarified several industrial areas and will gradually carry out control, including the defense sector. It seems that the United States is ready for a long-term confrontation with China, and Trump has also recently sent a clear signal to allies to warn them to be careful of China.

On October 14, local time, Trump said at a meeting with Argentina's President Miller that in the face of China, the United States must remain vigilant and be more cautious.At the same time, Trump also told Millie that he asked Argentina to reduce cooperation with China and not allow military cooperation with China.

In addition, the United States has also made it clear that they are also ready to act together with their allies in response to China's new policies. The U.S. Treasury Secretary has mentioned many times that the United States will discuss with Europe, India, Japan, South Korea and other countries to deal with China together. He also threatened that China would become an "unreliable partner" and "decouple from the world". The EU is currently cooperating with lawmakers, and its trade commissioner has said that it has reached a deal with the United States and will hold a G7 summit.

The Western world may seem to have taken a lot of actions, but can the so-called "containment" really be achieved? Europe and the United States interact more, but Europe does not want to impose taxes immediately. The current threats from the United States are concentrated on words. The US Treasury Secretary himself said in an interview that the United States does not want to take measures that will harm itself.

Therefore, even if the United States has any cards that it has not yet played, it is mostly a limited and targeted approach to avoid damaging its own interests. At the same time, they may put pressure on allies as they did before, forcing them to take tough measures before catching up. The EU has never agreed to this kind of pressure on the United States once, and it is expected that this time will be the same.

After all, it is now the stage of both sides, and the United States screams loudly, not to mean it will definitely do. Only the substantive policy that can really get on the table, is the code of negotiation.