文档介绍：consumer
vendor
Guessing
Reporter: Yuyan Li Date: April 25th, 2021
Trade War
C
ONTEconsumer
vendor
Guessing
Reporter: Yuyan Li Date: April 25th, 2021
Trade War
C
ONTENTS
0
1
What is it?
0
2
How did it happen?
0
3
What is the effect of it?
What is it?
Part one
A trade war refers to two or more states raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers.
Trade war
How did it happen?
Part two

China has imposed the tariffs on 128 items of US imports.
Trump threatened to set an extra tariffs worth $1,00 billion on Chinese imports.
Cannot be realized.
Seems to reach a turning point.
US finance minister said he considered going to China to negotiate the trade issues. before no sit down face-to-face talk. Chance to reach agreement.
the US officially issued a specific commodity list.
Impose the tariffs of 25% on 1,333 items of Chinese imports worth $50 billion.

(prelude) tariffs
Steel：25%
Aluminum(铝)：10%
Not long after, exemption(豁免)
EU, Australia，Canada
Coca-Cola %↑
An order calling for over $60 billion
Intellectual property(知识产权)
impose $30 billion tariffs on US production (fruit pork)
Countermeasure(反制措施): compare value
Show attitude
Not start trade war
Stop provocations(挑衅)
Decided to raise taxes on American soybeans, automobiles, etc.〔51% exported to China〕
China ministry adjudicated that the US company had dumped(倾销) broomcorn(高粱) on the Chinese market and the imports had caused substantial damage to the domestic producers.
Us Commerce Department roughly adjudicated that aluminum alloy plate(铝合金板) from China exists subsidy(存在补贴行为).
Tax↑ prices ↑ competitiveness↓ development of high technology industry↓
Infer that the price of American products will definitely rise.
What is the effect of it?
Part