What didn't Raimondo say to China?/Carlos Pueblo
The U.S. Commerce Secretary Madame Gina Raimondo visited China four days and back last week. She did discuss the opportunity for the commerce development between two nations, yet what didn't she say to China? about why the U.S. would not lift the tariff and economic sanctions? The tariff posted has forced the closure of Chinese factory and Chinese exports have been dropped. People have lost their jobs and foreign capitals escaped. The U.S. has started several sources of imports and also encourage the made in U.S. target in the future. Of course, Chinese commerce administers and even the Premier do not dare to ask her why the U.S. impose 25% tariff.
Trump took the credit of such 25% increase of impost as his credit. He did have a negotiation and a deal was signed basically force China to purchase more from the U.S. and China couldn't fulfill for such demand to lower the U.S. trade in balance. Biden administration keeps on such tariff and add more economic sanction on computer chips exports to China. She told Chinese that we would sell you only regular chips and not advanced chips for military use to endanger the U.S. National Security.
I personally believe that the U.S. economic sanctions to China is an answer to the Covic 19 disaster which has damaged the whole world for the pass three years. China has denied its originally from Wuhan Bio-weaponry laboratory leaks and the rest of the world agree to keep mumble to avoid a war against China. The U.S. knows that China can't afford to compensate the loss amount from the world. The whole world are aware, i.e. the World Health Organization has allowed Taiwan to be an observer of WHO for the first time in history even under Chinese strong protest.
The U.S. and many other nations have lost huge of their investment in Hong Kong after China broke the agreement with the United Kingdom when the U.K. yielded H.K. to China in 1997 to maintain the status quo for 50 years. The economic sanction is more efficient than to a real war which we have been keeping away for years.
No comments:
Post a Comment