Robber Logic: Trump's Escalation Of Trade War Was Questioned, And Multinational Leaders Called On The United States To Stop Trade Wars.

"The Chinese side strongly urges the US side not to misjudge the situation, do not underestimate the determination of the Chinese people, and stop the wrong practices immediately, otherwise all the consequences will be borne by the US side." A spokesman for China's Ministry of Commerce issued a sharp warning on when President Trump announced that it would raise the tax rate of about $550 billion on Chinese exports to the us again. Last Friday, in response to the US tariff imposed on US $300 billion of China's exports to the US, China was forced to adopt tariff counteraction against US $75 billion imports. This made Trump angry and angry. He not only announced a further increase in tariff rates on Chinese goods, but also ordered us companies to withdraw from China on twitter. His order shocked the whole world, including the US business community. Wilde, the former Massachusetts governor who is competing for the Republican presidential nomination with Trump, said: "this is a manifestation of mental derangement of a person who wants to be a dictator." World leaders also advise the us to avoid further intensifying trade wars. On the 25 day of the G7 summit, French President Ma long, British Prime Minister Johnson and European Council president Tusk called on the United States to stop the trade war. Tusk also questioned the motives for launching a trade war in the United States: "it is obvious that if someone, such as the United States and the United States President, uses tariffs as a political tool and means for political purposes, the confrontation it brings will endanger the whole world."

"The manifestation of insanity"

"Trump really regretted it?" the US Washington Post said on the 25 day that Trump expressed regret for the further escalation of the Sino US trade war launched by him. This is the first time he has made such a statement. Trump held a breakfast with British Prime Minister Johnson and met with reporters before the G7 summit. When reporters Wen Trump regretted the escalation of trade war, he said, "yes." When the reporter asked him if he would reconsider the policy of triggering the Sino US trade war, Trump said, "yes, why not? I have second thoughts on everything." For this reason, the US media believe that Trump's attitude toward China has softened. But a few hours later, the White House press secretary explained, "Trump's answer is misunderstood. He regretted that he did not bring the tariff basket higher. " The Washington Post said that even in the domestic economic policy, Trump was wavering and inconsistent. Last week, faced with the risk of the US recession, he announced that he was considering tax cuts, and then said no tax cuts were needed. On Saturday, he said he plans to continue tax cuts in 2021. According to reports, Trump's attitude towards trade war stems from greater pressure on the international and domestic sectors, especially from the US business and farmers.

"Trump has no power to force us companies to leave China," the US Columbia Express News website said on the 24 day. Trump asked American enterprises to cut off ties with China, which immediately drew sharp criticism from the US business community. They warned that stopping business with such a large trading partner in China would hurt US businesses and the US economy. Bryant, vice president of the American Chamber of Commerce, said: "Trump may be disappointed in China, but the answer to the problem is not to ask American companies to ignore the big market with 1 billion 400 million consumers. The escalating trade tensions are not conducive to market stability, investor confidence and employment in the United States. "

Many politicians in the United States also severely condemned Trump. Democratic congressman Connolly said that the president of the United States had no right to tell the US companies where to produce or trade, "but he has the power to make the market atmosphere tense, just like what we are going through today." Even some Republicans were shocked by Trump's "crazy instructions". The former Massachusetts governor, Verde, who is competing for the Republican presidential nomination, said: "it's really annoying that an American president ordered American businesses to do business." "Trump thought he could carry out such atrocities," he said. "This is a manifestation of mental derangement of a man who wants to be a dictator."

South Korea's "national daily" 25, said Trump was re elected to try to prevent the US recession, so China and the Federal Reserve Chairman need to make concessions in accordance with their intentions, which is why Trump regards China and the Federal Reserve as its biggest enemy. Reported that Trump in the Chinese counterpart measures after less than 12 hours to add retaliatory measures to China, showing its arbitrary and hostile to China. China's counterattack will also become stronger and stronger as the United States goes farther and farther away from the dangerous road of using barbaric means to squeeze other countries' interests.

"The most extreme trade weapon"

For the accusation and challenge at home and abroad, Trump sent a message to twitter on the 24 day when he flew to France to attend the G7 summit. "All fake journalists who do not understand what power the president has on China's agenda should go to the emergency economic power bill passed in 1977." The emergency economic power act of the United States has awarded the president the right to declare a state of emergency in the whole country or part of the country and some commercial sectors in order to deal with the special threats from other countries.

The US broadcasting company ABC said that if Trump invoked the emergency economic power bill, ordered the US company to leave China, in fact, it declared "a state of emergency". This is the most extreme trade weapon of the Trump administration. If this drastic action is implemented, its impact will far exceed the ongoing tariff conflict. This means not only to stop Chinese goods and services from entering the US, but also to prevent China from entering the US financial markets and banks.

Is it possible for Trump to order US companies to leave China? The New York Times said that the emergency economic power bill was mostly used in cases related to national security. Since the bill has never been used for purely economic warfare, it will be challenged in court or in Parliament. Lai Yinshi, a scholar at the center for strategic and international studies in the United States, said he did not believe that the bill allowed Trump to have the right to order US companies to leave China, but might allow them to prevent future US investment in China. "The instructions given by Trump will be subject to litigation, and there is a great controversy in the United States about the scope of the act." In addition, the house of representatives of the United States and the United States can override Trump's directive by a common resolution.

The New York Times also said that apart from whether Trump has such power, it is also a question whether it is feasible to cut off the relationship between American enterprises and China. American enterprises are deeply intertwined with China, which will bring chaos to the decoupling of American enterprises from China and will bring devastating impact on the global economy.

"China's world factory status is hard to shake."

"European leaders warned Trump about the damage caused by trade disputes at the G7 summit," Agence France-Presse 25 said. French President Mucklow said: "confrontational trade policy is not conducive to the whole world. We must set a decree for this trade war to reduce the spread of the trade war in the world.

"We do not like tariff wars. We are in favour of trade peace." Trump, the British prime minister who is considered to be the closest ally of Johnson, also objections to Trump's trade policy at the breakfast meeting 25. When Johnson set out on the 24 day, a reporter asked if he would tell Trump that he should not aggravate the trade war with China. Johnson said: "sure. Don't forget that Britain may be implicated. " He said: "(trade war) is not the right direction for development. Those who support the tariff war will be held responsible for the global recession. "

"Although Trump wants to keep the US industry from China, China is indispensable to global business." New York Times, 24, said that China is the most efficient place to produce many kinds of commodities. It has a large industrial network and can supply the necessary parts. China has millions of high-quality labor force, including high-speed railways, highways and efficient ports. China manufactures the finished products of global 1/4, which can not be replaced in the short term. The report said that although Trump has always said that the manufacturing industry will be brought back to the United States, this is unlikely to happen. Not long ago, Apple Corp tried to make a small number of high-end computers in Texas, but in the United States, it was unable to find suppliers who could supply all the screws.

"China has not paid for the trade war: Trump will again impose tariffs on all the people from beer producers to booksellers." Us CNBC said small and medium-sized enterprises in the US are scrambling to make plans: many businesses are considering raising prices from delaying new shops to hiring freezing.

"The status of China's world factory is still hard to shake," the Wall Street Journal said. With the intensification of trade wars between the US and China, many enterprises are eager to establish new supply chains in Vietnam and other countries. But they soon found that nowhere could China provide a complete solution. Many companies say Vietnam's population is too small and its roads and ports are congested. India has enough cheap labor, but its skill level is not enough, and the government has more restrictions.

"Trump's orders are unable to control trade wars," the German business daily said. Trump's request for US companies to withdraw from China is clearly aimed at decoupling the world's two largest economies, which are inextricably linked. In fact, there is no fundamental change in the close economic ties between the two big powers. Tariffs on Chinese goods will directly attack us factories that set up factories in China. Reported that a year ago, when Trump just started firing on China, he once said that winning the trade war was easy. But now he is obviously far away from "victory". The only thing to be sure is that, like the hot war, the trade cold war is also hard to control, even under the command.