Core Viewpoint - The article discusses the unexpected escalation of tariffs between the U.S. and China, highlighting the shift in strategy from the U.S. and the underlying factors that empowered China to respond aggressively [1][14]. Group 1: U.S.-China Tariff Dynamics - The U.S. initially imposed a 34% tariff on China, which was met with a reciprocal increase by China, raising tariffs to 84% and eventually 125% on key sectors [1][3]. - The U.S. government's overall tax burden on China reached 145%, significantly higher than initially anticipated, pushing trade to the brink of a "quasi-embargo" [1][3]. - The U.S. strategy of using threats and a buffer period to force negotiations backfired as China responded swiftly, disrupting U.S. plans [3][5]. Group 2: China's Strategic Position - China's response was underpinned by three main pillars: a diversified trade network, strong control over critical supply chains, and a flexible policy toolkit [7][9]. - China's trade with Africa and parts of Latin America has been growing at double-digit rates, reducing reliance on any single market [7]. - In key sectors like rare earths and photovoltaic materials, China maintains significant control, allowing it to leverage export controls and other measures beyond tariffs [7][9]. Group 3: Economic Implications and Future Outlook - The high tariffs have raised concerns about inflation, economic growth, and unemployment in the U.S., leading to a shift in political narratives regarding the burden of tariffs [11][16]. - By mid-April, the U.S. Treasury began signaling a need to ease tensions, resulting in an agreement to lower some tariffs within a 90-day window [11][13]. - The future is likely to see a "high volatility, structural adjustment" phase in U.S.-China relations, with tariffs remaining elevated but potentially offset by exemptions and management strategies [13][16].
美国承认犯下大错!特朗普之前真的没料到,中方敢跟美国这么打
Sou Hu Cai Jing·2025-12-31 17:16