Concern about economic division in the United States and China 5:14 on September 2 due to simultaneous triggering of customs measures

The United States and China simultaneously launched additional customs measures on each other's imports. Concerns about the economy being divided between the United States and China in response to prolonged trade friction are growing.

In the afternoon of Japan time, the US Trump administration instituted a sanctions measure that added more than 3,200 imported goods from China and added a 15% tariff to approximately $ 110 billion in value.

As a result, the target has reached nearly 70% of the import value from China.

At the same time, China also launched a countermeasure to add up to 10% tariffs on over 1,700 imported items such as crude oil and soybeans from the United States.

Both the US and China are ready to launch additional tariffs in December, and if implemented, most of their imports will be subject to tariffs.

As trade disputes between the United States and China are prolonged, the conflict is not limited to the exchange of additional tariffs.

While the US side has banned dealings with China's leading communications equipment company Huawei, and China has been certified as a currency manipulation country, the Chinese side can step up export restrictions on rare earths, a rare resource indispensable in the high-tech field. Suggests sex.

As a result of this situation, there are growing concerns that the economies of both countries will be divided, and there is a movement between the United States and China to switch their exports and investments to other regions.

President Trump "Why isn't it unjustly deprived of profits?"

US President Trump said, “We are in talks with the Chinese side. The September meeting is on schedule and there are no changes.”

On top of that, he stressed that China can't take profits unfairly anymore, and will approach the Chinese side to eliminate the trade deficit and reform the economic structure against China through the ministerial trade negotiations scheduled this month. Showed.