w88 online casino Xinquan) 245%! Trump is always changing, where will the tariff war go?

(Source: Yujian News 2025-04-17)

Since April 15, Eastern Time, the White House website announced that due to w88 online casino's counter-treatment of tariffs against the United States, w88 online casino currently faces a tariff of up to 245%. Since April 2, the Trump administration of the United States has wielded the tariff stick and the comprehensive tax rate for Chinese goods exported to the United States has been levied all the way.Why did the US provoke a tariff war with increasing tariffs?Faced with abnormally high tariffs, w88 online casino has been continuously countering. What "combination punches" are used?How should Chinese export companies protect themselves and break through during the storm?Exclusive interview with "Yujian News"Tu Xinquan, Director of the w88 online casino World Trade Organization (WTO) Research Institute of the University of International Business and Economics.

Yujian News: Why do the US insist on doing it even though it knows that launching a tariff war may bring backlash and other consequences?

Tu Xinquan: On the one hand, Trump has the obsession with revitalizing the US manufacturing industry. He believes that the relative decline of US manufacturing industry endangers national security, and firmly believes that the increase in tariffs can help the US manufacturing industry redevelop. On the other hand, he had a delusion, thinking that the United States was strong, and after the tariff was imposed, other countries would surrender to the United States and agree to all its conditions.

Yujian News: On April 11, the US side increased the tariff to 125% and then exempted more than 20 products such as mobile phones and computers. What is the reason?

Tu Xinquan: The return or revitalization of the US manufacturing industry is a complex process, and domestic production capacity is difficult to meet demand. The imposition of high tariffs on Chinese goods has led to a significant increase in the prices of goods imported from w88 online casino, especially consumer electronics products, which cannot be afforded by American consumers.

Yujian News: Tariffs have risen to 125%, and w88 online casino says that if the US continues to impose tariffs, it will "ignor" what does this mean?

Tu Xinquan: It can be understood that this historical "rare high tariff" has made the possibility of US goods entering the Chinese market under commercial conditions almost zero. It is meaningless to continue to impose tariffs, it is just a digital game. "Ignore it" means that w88 online casino will no longer follow the US side to continue to impose tariffs on US imported goods, but if the US takes other measures to harm w88 online casino's exports, w88 online casino will still take new countermeasures.

Yujian News: Why are rare earth export controls and WTO litigation key strategies in w88 online casino's previous countermeasures?

Tu Xinquan:w88 online casino firmly supports the WTO multilateral trading system. The US provoking a tariff war seriously violates WTO rules and litigating to the WTO is to prove that the US is wrong. Although the WTO dispute settlement mechanism is not coercive and binding, it is a necessary measure to strive for a voice of justice. The United States is highly dependent on some key minerals in w88 online casino, and rare earths are crucial to high-tech and military products. w88 online casino is the largest exporter and masters refining technology. Implementing rare earth export controls can curb the development of downstream industries in the United States from the upstream.

Yujian News: Why are rare earth export controls and WTO litigation key strategies in w88 online casino's previous countermeasures?

Tu Xinquan: There is such a possibility. Decoupling from w88 online casino is a consensus among a considerable number of politicians in the United States. After Trump came to power, the US government has been promoting relevant policies. Although it is subject to the actual economy, the high tariffs this time have made Sino-US goods trade close to zero, which is a big step in decoupling.

Yujian News: Why are rare earth export controls and WTO litigation key strategies in w88 online casino's previous countermeasures?

Tu Xinquan: If high tariffs continue, Sino-US goods trade will be basically cleared. For Chinese export companies, the annual export scale of more than 520 billion US dollars to the United States will disappear, and related companies and industries will suffer a major impact.

Yujian News: Will the long-term trade war accelerate the regionalization and restructuring of the global industrial chain?

Tu Xinquan: Yes. If Sino-US trade is completely decoupled, coupled with the United States raising tariffs on other countries, it will inevitably lead to adjustments to global trade flows, supply chains and industrial chains.

Yujian News: What are the main commodities imported from the United States and how dependencies are?

Tu Xinquan: There are two major categories of main commodities imported from the United States. One is raw material commodities and agricultural products, including oil and natural gas, etc.; the other is high-quality finished products and industrial products, such as automobiles, aircraft, chips, medicines, medical devices, etc. Some products are highly dependent on the United States, such as AI computing chips, but there is also industrial chain cooperation, and production and manufacturing may not be in the United States.

Yujian News: w88 online casino's domestic demand has contributed 70% to economic growth. Does it still have the potential to expand? How to expand it?

Tu Xinquan: Domestic demand has potential to expand. Domestic demand includes consumption and investment. In the past, w88 online casino's economy has a high dependence on investment, and the proportion of final consumption in GDP is relatively low, which is a gap compared with many countries.

Yujian News: What impact does the trade war have on the general public, and what preparations should the public on both w88 online casino and the United States make?

Tu Xinquan: American consumers are more affected. Consumer electronics, textiles and clothing exported by w88 online casino are necessities for American consumers in their lives. The imposition of high tariffs on the US side has caused American consumers to face a situation of sharp increase in prices. Chinese consumers generally have low dependence on American goods, and most of them imports from the United States are commodities or parts, and the final consumer goods are small, which is less directly affected by the Sino-US trade war.

Yujian News: What should the ideal Sino-US economic and trade relations look like, and how to find a new balance point in competition?

Tu Xinquan: The Chinese government’s white paper on economic and trade relations has shown that the overall balance between w88 online casino and the United States and trade relations has benefited from it. However, the US side has a wrong perception and regards Sino-US relations as a zero-sum game.

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