Home >

Biden Won! Will Trade War With China Be Stopped And High Tariff Be Abolished?

2020/11/10 0:40:00 0

Trade WarTariff

CNN said Biden will become the 46th president of the United States. CNN predicts Biden has won the 270 electoral votes he needs to win after winning Pennsylvania. Adding 20 electoral votes in Pennsylvania, Biden now has 273 electoral votes, the report said.

Then Biden, the Democratic presidential candidate, said, "American people, I am honored that you have chosen me to lead our great country.

"The work ahead of us will be hard, but I assure you that I will be a president for all Americans, whether you vote for me or not. I will live up to your trust in me. "

The characteristics of the comparison between Biden administration and trump administration

Trump is an alternative president. During his term of office, he exerted extreme pressure on China from the whole government, which brought great pressure to us. But Trump's administration follows the feeling, abandons professionals and uses some strange people, so there are many loopholes. There are many opportunities for us.

What's more, trump himself is the product of the tearing up of the United States. After he took office, he further tore up the United States and promoted the further decline of the United States. Under the banner of "US priority", he forced the allies to pay more protection fees; his comprehensive trade war and arrogance also greatly hurt the hearts of allies. All these have greatly loosened the United States' alliance system and brought opportunities for our diplomacy. Trump's continuous retreat has naturally expanded China's influence in international organizations.

The Biden team will be very different from the trump team. Biden has been vice president for eight years and has a lot of contacts in American politics. Biden is an old man with low energy and will rely more on the organic team. As a result, Biden's team will be more professional than Trump's simple and crude administration.

For China, dealing with the Biden administration is much more complicated and requires strategic and tactical consideration. Otherwise, we will fall into the trap they set for us.

The other is that the government attaches more importance to the ideology of Mr. Biden. After Trump came to power, he cut down a lot of money used to promote color revolution around the world. After Biden takes office, these funds will be restored, and the United States will increase its ideological containment and attack on China. If the trump administration wants your money, the Biden administration wants your life.

In addition, Biden is old and weak, and is likely to form a weak president's U.S. government. In this case, the US Congress will play a greater role. We know that the U.S. Congress is made up of a group of very ideological and pragmatic people. A bigger role for Congress will obviously bring more trouble to China.

The Biden administration's direction to China and the measures we should take are, first, to increase its ideological containment and attack on China

What China should most "thank" trump is that he educated the Chinese generation. Before trump, China's public knowledge still had a great market and had a great influence on the younger generation of China. But trump exposed the essence of American emperor. Lao Tzu is the first in the world. As long as you don't listen to me, I will beat you.

The Biden administration will once again put on a beautiful coat for the US emperor. But after Trump's tossing, the camouflage ability of the coat is greatly reduced.

What's more, the United States is not good at fighting the epidemic, which exposes the shortcomings of its political system and ideology. The U.S. one person, one vote Democratic Election System and the values of freedom and human rights have greatly reduced their attraction to the Chinese people. As a result, the Biden administration can hardly recover.

But the Biden administration's ability to pull together will be stronger than that of the trump government. The United States will gather western countries, especially with the European Union, to attack and discredit China ideologically. In the future, the Biden administration will intensify its attack and containment on China on the issues of Taiwan, Hong Kong, Xinjiang and Tibet, as well as on human rights and political system.

Second, increase the economic containment of China

After Biden took office, it is likely to rejoin TPP and destroy the landing of RCEP. After trump withdrew from TPP, Japan continued to pull the United States, and on the other hand, it turned the remaining TPP into a mini version of TPP. Moreover, after India withdrew from RCEP, Japan threatened to advance and retreat with India. Under such circumstances, if the United States rejoins the TPP, Japan may not sign RCEP on the pretext of advancing and retreating with India. If this happens, RCEP will be meaningless and China will face a difficult choice.

The purpose of Obama's TPP is to give China a dilemma: to follow the path planned by the United States for China, or to be isolated from the free trade zones of major economies. If China follows the path planned by the United States, it will lose its own advantages; on the contrary, if it refuses to join the TPP, it will be excluded from the free trade zone composed of major economies.

In addition, the Biden administration will negotiate TTIP with the EU. The transatlantic trade and investment partnership agreement (TTIP) is a bilateral free trade agreement between the United States and Europe, covering trade in services, government procurement, rules of origin, technical barriers to trade, agriculture, customs and trade facilitation. Although the relationship between TTIP and China is not as big as that of TPP, if negotiation is reached, the relationship between the US and Europe will be strengthened. If the Biden administration puts more pressure on the EU and undermines the signing of the Sino EU investment and trade agreement, it will be very unfavorable for China.

The best way to deal with this situation is to strengthen the reform and opening up of China. TPP is not a tiger. It may not be able to eat China, but it is an opportunity. If China's accession to the TPP, as it did in the WTO, further promotes the standardization of the market and has a greater attraction to global capital, China will win completely.

Biden may cooperate with the Chinese government in the following areas:

First, cooperate with China in the fight against the epidemic

Trump's fight against the epidemic is not conducive to China, while the Democratic Party will blame the trump government for the disadvantage. Therefore, Biden's coming to power may change the U.S. strategy of dishonoring China and choose to cooperate with China in the fight against the epidemic. After all, the United States benefits mainly from cooperating with China to fight the epidemic. As long as the Biden administration controls the epidemic, it will win the support of the American people. Why not?

Second, the trade war may stop and the science and technology war will be reduced

The United States has not taken advantage of launching a trade war with China. Therefore, in the presidential election debate, neither side focused on the Sino US trade war. For trump, there is no achievement to talk about; for Biden, he does not dare to emphasize the end of the trade war with China. But Biden did say he might lift high tariffs on China.

If Biden's technology blockade with China is unlikely to stop. The Biden administration will not stop the technology blockade against China, but will cooperate with western countries to increase the technology blockade against China. However, unlike the trump administration, the Biden administration should have a choice to increase its blockade against China, rather than just acting recklessly. In addition, the possibility of scientific and technological cooperation between the United States and China in certain fields is not ruled out.

Third, personnel exchanges will resume, but the Biden administration will restrict Chinese students from taking sensitive majors.

If the trump administration destroys the personnel exchanges between China and the United States, both sides will lose. After Biden takes office, the normal exchanges between China and the United States will be restored. However, the United States will also restrict Chinese students to choose some sensitive majors and strengthen the protection of American scientific and technological advantages.

Fourth, cooperation with China on climate issues.

Biden will certainly rejoin the Paris Agreement and cooperate with China on global climate issues. The United States is a country with large oil, gas and coal resources. Trump's withdrawal from the Paris Agreement will indeed stimulate the U.S. economy. But from a global perspective, controlling greenhouse gas emissions is the general trend. If the United States blindly resists, it will not only lose its influence on this issue, but also lose the opportunity to develop new energy industry.

In addition, both China and the European Union attach great importance to the new energy industry because they both need to import a lot of energy. China and Europe will not only lead the global trend, but also jointly oppose the United States, which is obviously detrimental to the United States.

Fifth, cooperate with China on nuclear proliferation control.

After taking office, Biden is likely to rejoin the Iran nuclear agreement and cooperate with China, Europe and Russia on nuclear proliferation. China has signed a 25 year cooperation agreement with Iran at a time when trump has increased sanctions against Iran. The lifting of sanctions against Iran by the United States has brought benefits to China's comprehensive cooperation with Iran. As the trump administration put pressure on Iran's limits, European companies withdrew from Iran, while Chinese companies took the opportunity to buy their assets in Iran. The value of these assets will double after the US sanctions are lifted. In addition, there are many opportunities for European and American enterprises to enter Iran again. Therefore, in this regard, China should really thank trump.

Sixth, cooperate with China in combating Islamic terrorism.

Islamic terrorism is the public enemy of mankind, and many Islamic countries are also suffering from it. Before trump, China and the United States worked hand in hand in combating Islamic terrorist organizations. In order to decouple itself from China, the trump administration does not even want the cooperation between China and the United States in combating Islamic terrorist organizations. This is not wise.

Biden's coming to power has both advantages and disadvantages for China. What we need to do is to face it positively and deal with it calmly.

  • Related reading

In October, China Exported 24.844.7 Billion US Dollars Of Textiles And Clothing

Fabric accessories
|
2020/11/10 0:39:00
0

*St Beineng (000803): The Actual Controller Is Changed To Beijing SASAC

Fabric accessories
|
2020/11/10 0:39:00
0

*St Gaosheng (000971): Legal Documents Received And Litigation Progress

Fabric accessories
|
2020/11/10 0:39:00
0

Jiaxin Silk (002404): Textile Industry With Unique Bionic Silk Mark Ushered In Subversion

Fabric accessories
|
2020/11/10 0:35:00
0

Xi'An University Of Technology: Textile Love With Keqiao

Fabric accessories
|
2020/11/10 0:35:00
0
Read the next article

National Textile Survey, Before The Spring Festival Market Can Be Stable?

"Gold nine silver ten" is a cyclical peak season of cotton textile market, and the recent cotton textile market has obviously recovered. In order to fully understand