国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

US lacks 'coherent strategy' to tackle trade differences with China: former official

Xinhua | Updated: 2018-04-12 16:56
Share
Share - WeChat

NEW YORK - US President Donald Trump's administration lacks a "coherent strategy" in tackling trade differences with its largest trading partner China, a former senior US official has said.

"Being tough is one thing, but being tough with a strategic sense of how to move ahead is quite another," said Robert Hormats, former undersecretary of state under the Obama administration, in an interview with Xinhua on Trump's tariff sanction plans against China.

After proposing steep tariffs on Chinese imports worth $50 billion, the Trump administration has threatened to slap additional duties on Chinese goods worth $100 billion. China has hit back proportionally by rolling out its retaliatory tariff plan.

"Tough positions without a strategic process of working out differences and coming to some conclusions that are mutually beneficial, is really not a sufficient strategy for moving forward," said Hormats, now vice chairman of the New York-based consulting firm Kissinger Associates. "And that's really what seems to be either missing or if it's there, it's very unclear what it is."

The world's two largest economies are "not really in a trade war yet," he said. "There is still a possibility of negotiating some kind of arrangements that will prevent the further escalation of trade actions against one another."

"I think we're in a situation where each side is showing that it has the ability to take tough actions, and is willing to do it, but it has not escalated to the point of an all-out trade war," he said.

The senior diplomat noted a full-blown US-China trade war will be destructive to the two countries' economic stability and the global growth as well.

For example, Hormats said, American farmers and their soybeans, sorghum and other products, depend very heavily on the China market.

Silicon Valley and other high tech companies also depend heavily on the China market, and a number of US companies depend on components coming from China to make the final product, he added.

"So trade is not, you know, a good beating ... this network of interdependency is something that I don't think Trump really has an experience in dealing with or really very much knowledge about," Hormats said.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
盐城市| 潮州市| 莱芜市| 德阳市| 杂多县| 庆安县| 凌源市| 山东省| 临清市| 罗山县| 固镇县| 镇赉县| 大名县| 于田县| 简阳市| 西平县| 南通市| 辰溪县| 阜南县| 德安县| 东光县| 禄丰县| 石门县| 乳山市| 青州市| 翼城县| 公安县| 托里县| 阳城县| 比如县| 微山县| 比如县| 额济纳旗| 女性| 永平县| 甘德县| 哈尔滨市| 新津县| 铁力市| 洛阳市| 灌云县|