The United States fights the "coke earth war" to China, which is the same as self -harm

Author:Global Times Time:2022.09.09

Taiwan's "Lianhe Daily" September 8th article, original title: Beautiful soil war hurts the mainland? The Office of the US Trade Representative issued a statement a few days ago saying that it would not terminate punitive tariffs on Chinese goods. The CPI in the United States has continued to rise since April last year. It has hovered at a high level of more than 8%in recent months. It is the highest record in the United States in the past 40 years. Inflation pressure has severely frustrated the stock market, causing concerns about the decline of the United States. Experts estimate that if punitive tariffs on China will be canceled, the US CPI will be reduced by 1.5 percentage points, which will benefit consumers and some US companies with imported Chinese products as parts. No need to give up, it is puzzling, and of course controversy.

Not only that, the main reason why Trump launched a trade war was that the US trade deficit with the United States was getting bigger and bigger, but the result of the implementation of the deficit not only did not see the reduction, but expanded. And the low alternative of Chinese goods in the US import trade structure, the effect is counterproductive. In other words, the targets of these measures are not Chinese but American companies and consumers. This is the same as exacerbating inflation, all of which are self -harm.

American self -harm is not limited to tariffs and trade. Recently, foreign media reported that the US government is considering restricting the investment of US companies in China, and has a wide range of restrictions, involving semiconductors, artificial intelligence, quantum computing, rare earth and electric vehicles. There is no doubt that this is another measure to sacrifice the interests of American companies in order to curb China. Just a few days ago, the Biden government restricted the Nvidia export artificial intelligence chip to China on the grounds of security threats. This will affect Nvidia's USD dollar revenue. As soon as the news came out, Nvidia's stock price immediately fell down, and it was not self -harm.

(United States) At the time of self -harm, the disabled allies and partners are required. In order to combat China's semiconductor industry, the United States is calling, seduce, and even coerces major semiconductor suppliers in South Korea, Japan, and Taiwan, to build a semiconductor alliance to be isolated in China. The United States will ask relevant companies to invest in the United States to establish an industrial chain with the United States as the core. Obviously, this is a measure that violates market mechanisms and is neither conducive to American allies and partners.

How to interpret more and more "violations of economic rationality" in the United States in recent years? In the final analysis, it should be related to the increasingly declining core competitiveness of the United States in various related industries. Since the end of World War II, the United States has the strongest core competitiveness of the world in almost every field in agriculture, manufacturing, and finance. The United States is afraid that trade opponents will not open their markets or open competition. Therefore, they will spare no effort through the WTO through the WTO, and even condemn all acts that resist globalization and violate market competition mechanisms. However, a number of emerging countries, especially China, have risen rapidly, and their competitiveness is getting stronger and even surpassed the United States. China's trade surplus to the United States is increasing, so the United States is unwilling, and the more you look at China, the more unpleasant the eye.

In fact, as long as the voluntary transactions between the two parties under the market mechanism are mutually beneficial, the United States has grown because of populism and is in contradiction with China to fall in the contradiction between "Xiu Xidid's trap". The three places adopt a self -harmful scorched earth strategy. The key is that countless experiences show that China's core competitiveness is also becoming strong. History may prove that the United States has abandoned its consistent market rationality. The final result may be that it may not hurt its opponents.

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