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IMF aid to the Greek bond yields hit a new high of 7 months

【Release time:2017-04-01】

Trump Navarro, a trade adviser and the White House's National Trade Commission, also called on Peter to "impose a 45% tariff on Chinese made imports.". According to data released by the U.S. Department of Commerce in February 7th, despite the December 2016 U.S. foreign trade deficit narrowed, but the annual trade deficit hit the highest since 2012. Among them, the United States in China's largest trade deficit in trade in goods, accounting for 47%.

They have no reason to believe that trump will give up from China import restrictions, such as steel and mechanical products. At least for now, tensions between China and the US are about to escalate. Nevertheless, the Trump administration is unlikely to impose a comprehensive tariff on China directly. "We expect that the Trump administration may be limited in the short term to targeted actions that impose tariffs as an additional tool that may be used later," Goldman said.

Goldman quoted a former US trade representative office Chinese trade chief consultant Claire Reade believes that Trump wants to trade in "quick wins" desire will lead to Chinese traditional manufacturing industries, such as steel, aluminum and glass, hit, whether it is Trump using standard tools WTO under the framework of the implementation of the provisions of the law or administrative order. However, Claire Reade is optimistic that the U.S. government will avoid a comprehensive tariff on China, because she believes that it will disrupt the financial markets, the Trump administration is also a kind of loss". At the same time, she warned that China would respond quickly to any action by the United States on trade, and that China would react more strongly if China saw the US as unfair or threatening.

However, for Trump to impose a 45% tariff on China's plan, China is certainly unacceptable. According to Goldman Sachs report, Tu Xinquan, President of the Chinese Academy of WTO, University of International Business and Economics, pointed out that this plan will almost immediately detonated a comprehensive Sino US trade war.

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