These areas will be affected by the opening of trade wars between China and the United States
發(fā)布時間:[2018-3-24 10:32:59] 瀏覽量:2480次
The fuse of trade war
In August 14, 2017, Trump signed an executive order, instructing the US trade representative Lighthizer to investigate whether China infringes on the intellectual property rights of the United States in accordance with the 301st item of the 1974 trade act, which is also known as the "nuclear weapon" of the US trade.
The core content of 301 terms: when the United States infringement in trade agreements, or any act, foreign policy and trade practices in violation of U.S. law, infringes the interests of the United States or to the United States business behavior caused unfair behavior, the United States can take unilateral action to eliminate this behavior.
On August 18, 2017, Wright chize officially announced China started 301 survey. In accordance with the basic procedures of clause 301, the "launch of the investigation" from the United States to the "formal ruling" lasted from 3 to 12 months.
Trade war broke out formally?
In March 22, 2018, President Trump signed the presidential memorandum. According to the results of the "301 investigation", we will impose a large scale of tariffs on the commodities imported from China and limit the investment and acquisition of Chinese enterprises to the US.
The US government plans to impose a tariff of 25% on China's imports of at least $50 billion. 1300 categories of products, such as modern railways, new energy vehicles and high technology, will be affected by tariffs.
Then president Trump signed the memorandum "amendment" to $60 billion, indicating that it was only the first step in many of the measures. Trump said it was only the first step in many of the measures. In addition, the United States will impose restrictions on the transfer of technology to China and the acquisition of American companies by Chinese capital.
In March 23, 2018, the Chinese Ministry of Commerce proposed the 232 measures of the us to import the steel and aluminum products, and proposed the Chinese Countermeasures to balance the loss of interests caused by the 232 measures of the US side, and suspend the export of the reduced products to the US for about 3 billion US dollars.
The first part of a total of 120 tax: $977 million relates to us China exports, including fresh fruit, nuts and nut products, Wine, modified ethanol, American ginseng, seamless steel pipe and other products, to be imposed a 15% tariff.
The second part is a total of 8 tax items, involving US $1 billion 992 million exports to China, including pork and products, recycling of aluminum and other products, which are to be charged with a tariff of 25%.
Market impact
The overnight beauty plunged:
The S & P 500 index fell 68.24 points, or 2.52%, the biggest one-day drop since February 8th, at 2643.69 points, the highest since February 9th closing low.
The Dow Jones Industrial Average fell 724.42 points, or 2.93%, at 23957.89 points, the highest since February 8th closing low.
The Nasdaq composite index fell 178.61 points, or 2.43%, also the biggest one-day drop since February 8th, at 7166.68 points.
The Asia Pacific stock market has a full setback:
The Australian S&P/ASX index fell nearly 2% to five weeks at a new low.
Japan's Nikkei 225 index fell nearly 4%.
Domestic futures, stock markets and foreign exchange markets have been completely defeated.
As of March 23, 2018, 9 7, commodity futures fell, rubber futures limit, steel, iron ore, hot rolled down over 5%, coking coal, coke, manganese, silicon, glass fell over 4%.
In March 23, 2018, the Shanghai index opened 3172.77 points, down 2.78%. The Shenzhen component index opened at 10511.16 points, down 3.37%. The gem opened 1751.74 points, down 3.60%.
In March 23, 2018, the intermediate price of RMB was down 105 points to 6.3272, and the middle price of the last trading day was 6.3167. The official closing price of the last trading day was 6.3315, and the night plate closed at 6.3230.
The following areas will also be affected:
1) industries with 25% additional tariffs: Aeronautics and Astronautics, information and communication technology, machinery.
2) China's exports to the United States: machinery and equipment (according to categories, mainly household appliances, electronics and other categories), and miscellaneous products, textiles, metal products and so on.
3) American exports to China: mechanical equipment (mainly capital goods), transportation equipment, chemical products, plastic and rubber products, etc.
