(Source: CCTV News Client 2025-04-08)

Maintain the smooth operation of the capital market, and the "Chinese version of the standard fund" has surfaced; the national team has successively announced increased holdings, injecting confidence into the capital market. "News 1+1" connects with Zhang Ming, deputy director of the Institute of Finance of the Chinese Academy of Social Sciences,Tu Xinquan, Director of the China World Trade Organization Research Institute of the w88 live casino of International Business and EconomicsBring analysis and interpretation. The following is an excerpt from the content of President Tu Xinquan’s connection.

The US threatens to further impose 50% tariffs on China,What will happen if it is implemented?

Tu Xinquan: The United States recently announced that it would impose a 34% "reciprocal tariff" on China. In fact, the United States has imposed two rounds of 10% tariffs on China in the first two months, so at present, it has actually added 54% tariffs. In addition, the United States has previously implemented 301 tariffs on China, and there is an average tariff of nearly 20%. So even if there is no additional 50% tariff that may continue to be imposed on China in the future, it has actually reached an average tariff of more than 70%.

What is the impact under the impact of tariffs?How should enterprises respond?

Tu Xinquan: Our exports to the United States are still relatively large. Last year, our export volume to the United States exceeded US$520 billion, so if the 34% tariff policy is really implemented, it will indeed have a major impact on our export companies and related industries.

Although the US market is now the largest market in the world, in terms of proportion, it only accounts for 15% of our exports, so there is still 85% of the broader world market waiting for us to explore, and there is still a huge room for development. In the past few years, through the "Belt and Road", we have actually developed these markets well, including Southeast Asia, Latin America, the Middle East, Africa markets, etc. Our exports to developing countries have also accounted for more than 50% of the total exports, which has laid a good foundation and achieved good results.

Of course, under the extreme pressure of such reciprocal tariffs in the United States, our companies have a stronger urgency. The company itself will be more proactive, motivated and work harder to explore new markets.

Attached the original video interview link:https://app.cctv.com/special/m/livevod/index.html?guid=5ee42849d2044fe98bba74223cb72bf2&vtype=2&vsetId=C10586