On June 18, 1883, due to the impact of the economic crisis, the United States of America announced its withdrawal from the free trade system and imposed tariff barriers.

Without waiting for Britain and Austria to react and take action, on June 20, 1883, the French government also announced its withdrawal from the free trade system.

As a result, the free trade system that Britain and Austria had painstakingly managed suddenly became precarious.

France is not the same as the United States, the latter has limited influence, even if it withdraws from the free trade system, it will not have much impact, but France is different.

As one of the three major countries in the world, the impact of the French government's withdrawal from the circle is undoubtedly huge.

After receiving the news, the Vienna government was naturally furious, and only harvested less than half of it, and it was really ...... that the leeks ran away so quickly

Reinhardt Haldegen, Secretary of State for the Economy: "The Vienna stock market plunged 5.4 percent and the London stock market plunged 7.3 percent as a result of the two countries' withdrawal from the free trade system.

Industries engaged in import and export trade were hit the hardest, generally falling by more than 15 percent, and the Austrian stock market evaporated 310 million Aegis and the British stock market lost 520 million Aegis overnight.

Financial fluctuations will inevitably affect the real industry. It happened too suddenly, and domestic businesses were not prepared.

Many companies that trade with the two countries are preparing to lay off workers and cut production capacity to cope with the shock.

France is our third largest trading nation, with a total import and export trade of 64.58 million Aegis in the first half of this year, and this figure may be reduced by two-fifths in the second half of the year due to tariff barriers.

The United States of America is our seventh largest trading nation, with total trade of 10.76 million Aegis in the first half of this year, which could be reduced by a third in the second half of the year.

The withdrawal of the two countries from the free trade system has not had much impact on us, but the trouble is that it has caused panic in the market.

If other countries follow suit, the panic will be further amplified, and it may even trigger a stock market crash again.

The Ministry of Economic Affairs has recommended immediate countermeasures to deter other countries and avoid the collapse of the free trade system. ”

With the establishment of the free trade system, the capitalist world economy has become more and more closely connected, and the world economy has become affected by the whole body.

Trade protection is contagious, and when everyone adopts trade barriers, Britain and Austria, the two major importers and exporters, will become the biggest victims.

Countermeasures are necessary, but how to counteract has become a problem.

Foreign Secretary Wesenberg: "It's a big problem, but the British should be more anxious than we are."

The United States and France withdrew from the free trade system, and they lost at least three times as much as ours.

In addition to raising tariffs in both countries, the Foreign Office does not recommend taking too many measures, and it is better to wait for the London government to take action. ”

Instigated?

The answer is no!

International politics is the most realistic, emphasizing the reciprocity of benefits and pays. Can't you take the money for eating cabbage and run to the heart of pork?

What's more critical is that in addition to-for-tat tariff increases, Austria really can't help them.

After rubbing his forehead, Franz made a decision: "Stop the dumping strategy first, and if it continues like this, it will be a public outrage." The French want trade protection, so let them go!

International competition also has pros and cons, it seems that the French economy has been hit, but in recent years, France's scientific and technological progress is also obvious to all.

If it continues, our technological first-mover advantage will soon be smoothed out. They want to play by themselves behind closed doors, so it's up to them.

The Foreign Ministry's next task is to politically isolate them and make them an outlier to be wary of by European countries. ”

This is both self-soothing and factual. In order to survive in international competition, French companies have been forced to start technological innovation and have made breakthroughs in many fields.

This is something that cannot happen in the era of trade barriers. It's hard to generalize about the pros and cons, but the fact that the French have withdrawn from the circle has been very helpful in promoting political isolation.

Countries are similar to people, when everyone is in a circle, and you are alone outside the circle, you will naturally receive strange eyes from others.

If someone provokes again, they will be isolated, even hostile.

I don't care about other people's eyes, it's easy to say. If you do, you'll find that the whole world is working against you.

……

London

As the biggest beneficiary of the free trade system and the biggest victim of the French withdrawal from the circle, the British government naturally cannot ignore this kind of thing.

Cornell Botchers, the Minister of Economy, said with a gloomy face: "The actions of the French and the Yankees have dealt another blow to our newly recovered economy.

The most terrible thing is that they have shaken the free trade system, and if they do not find a way to eliminate the effects, more countries will withdraw in the future because of their interests. ”

Britain was the first country to start playing free trade, and in order to show sincerity to the outside world, for a long time, they have unilaterally implemented free trade with foreign countries.

Of course, that was built on Britain's powerful industrial system. Before Fau completed industrialization, Britain had more industry than the rest of the world combined.

Even if trade is opened, people can only sell grain and industrial raw materials to them, and industrial and commercial products cannot be sold here at all.

It seems to be fair play, but in fact there is no competition at all. It can be said that before the Second Revolution, British industry and commerce had no significant rivals in the world.

Foreign Secretary George proposed: "We can pull Austria together to impose trade sanctions on France and the United States."

The collapse of the free trade system will not only hurt us, but also Austria, and the Vienna government should not refuse. ”

Chancellor of the Exchequer Childers shook his head: "I don't think the trade embargo has any real effect unless the Royal Navy can blockade all the ports of France and the United States."

Of course, we can block their goods from entering Britain. But there is really no technical difficulty in changing the label of the product, and we can hardly recognize it.

I can assure you that the results of the embargo will not have any effect other than a reduction in government revenues. ”

There is no way, the discipline of the capitalists cannot stand the test. There is no way to regulate it from the source, just by everyone's consciousness, you will know what the result will be if you think about it.

"What is the reaction of the Vienna government?" Prime Minister Gladstone asked

Foreign Secretary George shrugged: "Their response has been very negative, except for the-for-tat increase in import tariffs on both countries, the Austrians have not moved."

It seems that the Viennese government was preoccupied with the destruction of the Ottoman Empire, and was not very interested in the withdrawal of the United States and France from the free trade system. ”

"Destroy the Ottomans" is another trouble, without the cushion of the Ottoman Empire, the pressure on Britain in Persia will increase greatly.

Hearing the bad news, Gladstone's brow furrowed even tighter. After looking at the map, he said helplessly: "To restart the Anglo-Austrian negotiations, we need the Austrians to guarantee the security of Persia."

As for the two unruly fellows of the United States and France, write this account first, and then slowly settle it with them when there is a chance.

The Ministry of Economy could work out countermeasures beyond the embargo and, if necessary, cooperate with the Austrians.

The Ministry of Foreign Affairs continues to do a good job of stabilizing other countries, and we must ensure the stability of the free trade system. ”

Since the fall of the Ottoman Empire could not be prevented, it had to retreat to the next best thing and ensure the security of the Persian region first.

Not long ago, Britain and Austria had already discussed this issue, but because there was no agreement on interests, the issue was put on hold for the time being.

It can't be delayed now, and after the fall of the Ottoman Empire, it will be even more disadvantageous for Britain to negotiate again.

In contrast, the United States, which is still a child, and France, which is ambitious, are secondary issues.