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U.S.-China Trade Negotiations Remain Stalled
发布时间：2021-07-01 00:40:56 点击量：114
- China Clarifies No Negotiations Are Underway
At a routine press conference on April 24, a spokesperson for China’s Ministry of Commerce reiterated that no formal trade negotiations are currently taking place between China and the U.S. Any claims about progress in talks are false. China emphasized that any dialogue must be based on "mutual respect and equality," opposing the U.S. strategy of "maximum pressure."
Context: While the U.S. recently signaled that "tariffs are too high," it has taken no concrete steps to roll back existing tariffs. China views this as a lack of sincerity in resolving differences. - Internal Policy Contradictions in the U.S.
The Trump administration has claimed it wants to reduce tariffs on Chinese goods while simultaneously expanding sanctions in semiconductors, renewable energy, and other sectors. This policy inconsistency has heightened market uncertainty. The U.S. Treasury Secretary stated that "the trade war is unsustainable" but offered no concrete solutions.
- China’s Countermeasures and Strategic Adjustments
- Escalation of Tariffs and Export Controls
- Starting April 10, China raised tariffs on U.S. imports to 84%, with a further increase to 125% on April 24, targeting critical sectors like automobiles and agricultural products.
- Concurrently, China imposed export controls on rare earth elements (e.g., dysprosium, terbium). With China dominating 95% of global high-purity quartz sand and rare earth refining capacity, this move directly impacts U.S. defense and clean energy industries.
- Targeted Strikes on U.S. Corporate Supply Chains
- 11 U.S. defense and tech firms (e.g., Lockheed Martin, Raytheon) were added to China’s "Unreliable Entity List," barring them from infrastructure and energy projects. For example, Tesla suspended Model Y production at its Shanghai plant due to rare earth shortages, sharply raising costs for U.S.-bound models.
- 6 U.S. companies lost permits to export agricultural products and high-tech components to China, further shrinking their market access.
