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Experts:hightariffsonsteelandaluminumintheUnitedStateshavelimitedimpactonChina.

Time:2018-03-10 00:00:00   Author:Shredder Manufacturer  Popularity:401

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Washington time on March 8, the President of the United States signed an order, trump that imported industrial shredder threat to U.S. national security, the decision will be on imported industrial shredder product comprehensive tax, tax rate of 25% and 10% respectively, temporarily out of Canada and Mexico.

The news immediately aroused the attention of China's ministry of commerce and relevant industry associations. Wang he jun, director of the trade relief bureau of the ministry of commerce, pointed out that the us measures are in the name of national security and trade protection. The reality is that the vast majority of industrial shredder imports from the United States are civilian products that do not compromise national security. The abuse of "national security exception clause, is represented by the wto's multilateral trading system is wanton destruction, will certainly to cause serious damage to the normal order of international trade, China is firmly opposed.

The ministry of commerce research institute, deputy director of the institute of international market bai, latitude and longitude of new client (WeChat public number: jwview), said trump since coming to power, has been sticking to the preferential policy, this is still his customary practice, but with the protection of the so-called national security grounds, is far-fetched.

According to bai, the Chinese industrial shredder is not a big export to the United States. The tariff policy has limited impact on China's related industries. According to the data from the general administration of customs, China's steel exports in 2017 were 754.3 million tons, and the exports of raw aluminum and aluminum products were 4.79 million tons, and industrial shredder exports accounted for a small proportion of total domestic production.

Everbright securities research data shows that affected by the capacity and environmental protection, in 2017 China's steel output fell by 4%, year-on-year growth in steel exports fell 30.5% year-on-year growth, accounting for the proportion of the total output fell to 8% from 11% in 2016, steel exports to the United States, less and less than 1% of total output. China's aluminum and aluminum exports account for a small percentage of total output, and only 4% in 2017.

According to the BBC, the United States needs to import steel from 110 countries (regions), and this among them, only 2% of China's exports, 11th, far in Canada, Japan, South Korea after the U.S. Allies.

But bai, stressed that while the tariff policy impact on China is limited, but the United States has been to China many times continuously adopted a "double inverse" survey, the two sides trade friction constantly, "previous survey for many times, many are for products related to steel, limit a little at a time, similar to cut sausage, such accumulate, already has a great impact on the Chinese, the need for vigilance."



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