When the United States is flexing its muscles in the international arms market, the United States is not reconciled

On March 20, Frederick, who had just lived in the White House for two months, submitted the first "trade protection bill" to Congress -- the Federal Government Procurement Act.

Although the bill must be passed in Congress before it can go into effect, Republicans have an absolute majority in both houses of Congress, and the Federal Procurement Act is just a few steps away from going into effect.

At its core, the Federal Government Procurement Act states that federal agencies can only purchase "domestic goods."

In order to prove that this did not violate the relevant regulations of the International Trade Organization, the White House press secretary mentioned in response to a reporter's question that Japan and other countries have already introduced similar bills, which are only aimed at the federal government, not state governments, and ordinary consumers.

In terms of actual impact, because the annual procurement expenditure of the U.S. federal government is not large, the impact will not be very large.

According to the data released by the White House spokesman, in 20177, except for military procurement, the federal government's procurement expenditure was less than 150 yuan, which is nothing compared to the huge domestic consumer market of the United States.

In addition to the actual impact, we also have to look at the indirect impact.

Within 24 hours, countries around the world protested against the U.S. approach.

On the 211th, Zhao Rundong, who had just taken office, mentioned in a meeting with representatives of chambers of commerce from all walks of life across the country that the United States introduced a bill restricting the entry of goods from other countries, which not only symbolizes the rise of trade protectionism in the United States, but also a naked and exclusive action. The republic will neither agree with the American approach nor do nothing. When the time is right, the republic will inevitably respond to the resulting negative effects with appropriate policies.

Although Zhao Rundong's attitude is much more "gentle" than that of his predecessor Ji Youguo. But anyone can hear the "smell of gunpowder".

The republic is second only to the European Union regionally. The United States is the second largest trading partner. Exports to the United States are higher than those of the European Union. The Federal Government Procurement Act has the greatest impact on the Republic of Merchandise Territory. According to the statistical data of the National Chamber of Commerce. The bill will affect thousands of enterprises and nearly one worker in the republic. The annual direct trade loss to the Republic is as high as 1 yuan, and the indirect trade loss is more than 1 yuan. Although this data is a bit "overdone". But it is undoubtedly a matter of the Republic that exports are affected.

More seriously. The U.S. behavior will have a ripple effect.

211th. The UK government submits a similar bill to Parliament. Stipulates that the public sector can only purchase products from UK and EU countries.

By the 25th. The governments of the EU1 member states, Russia, India, Brazil, South Africa, Mexico, Canada and Australia have introduced or submitted similar bills to parliament.

"Trade protectionism" is spreading rapidly. A global trade war is on the horizon.

What puzzles the outside world is that the State Council of the Republic of China has not issued similar administrative regulations. Many people believe that Zhao Rundong is not a tough leader like Ji Youguo and does not want to fight a trade war with other countries.

On 25 July, the two houses of the US Congress deliberated and approved the "Federal Government Procurement Act."

Compared to when Frederick submitted for ratification, the Federal Public Procurement Act, where Congress passed it, expanded the scope of procurement to the "North American Common Market", that is, Canadian and Mexican products were included in the federal government procurement list, and did not exclude all foreign goods.

According to U.S. law, bills whose terms have been amended by Congress need to be re-signed by the president for approval before they can take effect.

It only takes a few seconds to sign a document, but the result affects the future of the whole world.

Regardless of whether he is good or notorious, as long as Frederick signs the Federal Government Procurement Act, he will become a "celebrity" in world history.

On the 26th, the President of the United States officially signed the revised Federal Government Procurement Act.

On the same day, the Republic filed a lawsuit with the WTO, seeking a ruling that the Federal Government Procurement Act violated the principles of "free trade" and "fair competition".

At a news conference held on the same day, Pang Xinglong clearly mentioned that if the WTO does not make a fair and just ruling and order the United States to repeal the "Federal Government Procurement Act," the Republic will immediately implement relevant local policies and impose punitive tariffs on products sold by the United States to the Republic!

With Pang Xinglong's statement, the outside world knew the reason why the republic had not "expressed" for a long time.

Trade disputes are international disputes, and if they are not taken care of, no matter how strong they are, they are useless.

As the highest arbitrator for international trade, the WTO cannot be unaware that the United States is violating the principle of "free and fair" trade. The question is, does the WTO have the ability to sanction the United States?

On the 27th, after receiving the authorization of Zhao Rundong, the Premier of the State Council announced to the outside world at a press conference that the Republic will implement the "Detailed Rules for Administrative Expenditure of Central and Local Governments at All Levels" on the 1c, which clearly stipulates that governments at all levels can only purchase "domestic products" in daily expenditure, infrastructure maintenance and public construction.

Subsequently, the Ministry of Foreign Trade and Economic Cooperation of the State Council published a list of US goods that will be subject to sanctions.

Involving 11 fields, 38 industries, a total of 2,378 kinds of U.S. goods are listed, if the WTOO ruling is not beneficial to the Republic, and the United States does not repeal the Federal Government Procurement Act, the Republic will impose 300% punitive tariffs on all U.S. goods on the list from 0:00 on the 11th!

If you don't honk, it's all, one.

Silence does not mean that the republic is weak, but rather that the republic is preparing for a "fierce war" in the future.

The vast majority of the "list" drawn up by the Ministry of Foreign Trade and Economic Cooperation are high-end products and luxury goods that the United States "thinks it prides itself on," including luxury sports cars, private jets, high-end clothing, jewelry, and so on.

Those who know the know know at a glance that this is just a "small meaning".

Even if punitive tariffs are imposed, they will not have much impact on the sales of high-end American products and luxury goods in the Republic, and the rich will not care how much they spend on luxury goods.

For the republic to strike at the United States, it must impose punitive tariffs on ordinary goods.

As a result, many believe that the Republic will inevitably introduce more severe punitive measures after the United States strikes.

On the 1st of March, the Republic of China made a deadline for the opening of the WTO and the United States.

Perhaps everyone is only waiting for the arrival of the 1st of January, rather than the final WTO ruling and the reaction of the United States, because everyone knows that the WTO will not make a ruling that is actually binding on the United States, and the United States will not repeal the "Federal Government Procurement Act" because of the WTO ruling.

On the 9th, the U.S. federal government announced "counter-sanctions".

As expected, the United States will impose punitive and anti-dumping tariffs of 250 to 350 percent on Chinese goods in 13 fields and industries.

On the same day, the WTO issued a ruling, holding that the United States had not completely eliminated the entry of goods from other countries and had not violated the principle of trade.

The Ministry of Foreign Affairs and the Ministry of Foreign Trade and Economic Cooperation of the Republic of China immediately stated that they would take more severe counter-sanctions against the "trade barriers" and "trade protection" policies of the United States while filing the appeal.

At 0:00 on the 11th, the first round of sanctions began, and all American goods included in the list will encounter "barriers" when entering the country.

The next day, Zhao Rundong personally issued a statement to the WTO, demanding that the WTO cancel the previous ruling and make a fair and just decision to resolve the trade dispute between the Republic and the United States.

In fact, local trade disputes were no longer limited to the Republic and the United States.

Prior to Zhao's statement, Russia, Brazil, Argentina and other countries had announced punitive and anti-dumping tariffs on US goods.

The European Union is also debating whether to impose punitive tariffs on U.S. goods.

The global trade war has broken out, and no one is likely to change the future.

On the 12th, the United States announced the official imposition of counter-sanctions on the Republic, Russia, Brazil and other countries.

What has attracted much attention is that in the anti-sanctions list announced by the United States, the "composite battery" and "superconducting motor" produced by the Republic are also impressively listed. Among them, the anti-dumping duty on "composite batteries" is as high as 350%, and the anti-dumping duties on "superconducting motors" are also 250%.

The United States is undoubtedly shooting itself in the foot by imposing anti-dumping tariffs on these two products.

With the exception of the Republic, there is no second country in the world that can provide composite batteries and superconducting motors to American consumers.

Without these two products, the U.S. auto industry would have completely lost its international competitiveness.

Historically, the U.S. auto industry has been able to capture some share of the international market by developing and assembling electric vehicles.

With anti-dumping duties on composite batteries and superconducting motors exported to the United States, the price of electric vehicles exported from the United States will be more than 50 percent more expensive than similar products exported from the Republic and other countries. If U.S. automakers go back to the old ways and develop hybrid or fossil fuel-powered vehicles, they will be even less competitive in the international market.

In response to the "retaliatory measures" of the United States, the republic reacted very quickly.

On the 13th, the State Department issued the second sanctions list, imposing punitive and anti-dumping tariffs on all more than 8,000 goods exported by the United States to the Republic. These include electronic chips, computer operating systems, electronic products, industrial machine tools, machining, and so on.

Later, this day was also known as the "Day of Trade Disaster" and by some as the "Day of the End of Free Trade".

In the face of a trade war between China and the United States, the European Union, which is in a marginal position, cannot sit still. If trade barriers are not erected as soon as possible, Chinese goods that cannot be exported to the United States, and American goods that cannot be exported to China, will rush to the EU market, crushing the EU's local industries in a dumping-like manner.

On the 15th, the EU conducted an anti-dumping investigation on a variety of commodities in all countries.

Unlike the United States, the EU has not included composite batteries and superconducting motors produced in the Republic of China, as well as electronic products and computer software produced in the United States, in the list of anti-dumping investigations. It is clear that the EU intends to become a "middleman" between China and the United States.

On the 24th, the European Parliament deliberated the "Anti-dumping Investigation Report" and formally imposed 300% anti-dumping duties on more than 3,000 kinds of anti-dumping goods from other countries.

The accession of the European Union indicates that the "trade war" has officially escalated into a "global".

For the world's major economies that are suffering from the "baptism" of the financial crisis, the "trade war" is undoubtedly a poison that can play a role in returning to the light!

Damn it**

Keep asking for a monthly pass! (To be continued)

Starting