Japanese Media: Tariffs Imposed By The United States On China Will Affect Its Own Consumption And Search For No Benefit.

In August 7th, the office of the United States trade representative announced the second tariff plan, which will impose a 25% tariff on 16 billion US dollars of imported Chinese products. The tariff will come into effect in August 23rd.

The product list includes semiconductor, electronic components and components used for digital appliances such as televisions and mobile phones.

Products.

According to the analysis of Japan economic news, according to the list, the United States will impose 25% tariffs on 279 commodities and 16 billion dollars worth of Chinese products on 23 th.

Together with the first tariff, the United States will impose tariffs on 1097 categories and 1 of the imported goods originating in China.

According to the amount, the "mechanical and electrical machines" (integrated circuits, semiconductor related products, etc.) will account for about 7 of the total amount, totaling 9 billion 530 million US dollars.

Specifically, in the central processing unit (CPU), microprocessor and semiconductor memory, there are many main components in the semiconductor industry, and the indispensable commodities for personal computers and servers become the object of tariff collection.

Japan economic news thinks that

Many of the imported semiconductors and electronic components are designed and manufactured locally in the US by American enterprises, so the objection of American enterprises and Congress is very strong.

In addition, electronic components, such as motors for many household appliances such as televisions, are also subject to taxation, and the impact will extend to products used by ordinary families.

In terms of quantity, it is widely used in families and industries.

Products account for more than half of the 279 categories.

Due to the impact on a wide range of supply chains, Japanese enterprises are also vigilant to say "it is impossible to predict what the impact will be".

In addition, as the third round of sanctions against China, the US government will impose tariffs on Chinese products worth $200 billion as early as September, in addition to household appliances such as refrigerators and vacuum cleaners, including vegetables, fruits and fish and shellfish.

It is reported that the United States has imposed tariffs on US $16 billion of Chinese goods, and has been widely opposed by representatives of the American Chamber of Commerce, the semiconductor industry association and the national retailers Federation.

Myron Brilliant, vice president of the International Chamber of Commerce, said in a statement on the same day: "no matter whether you are a farmer, a fisherman or a factory worker, one thing is clear. Tariff is a counterproductive to the long-term success of the US economy."

He believes that it is time for the US and China to return to the negotiating table for a solution.

The semiconductor industry association is deeply disappointed by the fact that the office of the United States trade representative will retain its semiconductor products imported from China on the list of taxes.

Matthew Shea, President of the National Retail Federation, said these tariffs represent a great risk to American consumers and workers.

The consumer Technology Association also warned that tariff threats to China would encourage China to import goods from outside the United States, which would make us enterprises at an unfavorable competitive position.