久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / US reciprocal tariffs

US tariffs may trigger supply chain turmoil

Auto industry association says move severely violates WTO rules

By LIU YUKUN | China Daily | Updated: 2025-04-08 09:48
Share
Share - WeChat

The United States' "reciprocal tariff" policy may trigger disruptions to global industrial and supply chains, said industry associations, adding that such actions will harm the interests of businesses and consumers — including in the US itself.

Hildegard Muller, president of the German Association of the Automotive Industry, said that the new US tariffs represent Washington's departure from a rules-based global trading order, and thus a departure from the foundation for global values creation and corresponding growth and prosperity in many regions of the world.

"This is not America first, this is America alone," Muller said in a written statement.

She said consumers in the US will be particularly affected, as they will directly feel the effects of the additional tariffs through rising inflation and reduced product selection.

The China Association of Automobile Manufacturers expressed similar concerns. The association said that the US move severely violates WTO rules, disrupts trade order, and significantly impacts the stability of the global automotive industry supply chain. The association said that this move will further raise auto prices, burdening consumers in countries including the US, and negatively affecting global economic recovery.

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products asserted that this unilateral and protectionist trading behavior not only violates international trade rules, but also disrupts the global economic and trade order, harming the interests of businesses and consumers and destabilizing global supply chains. The China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products said it firmly supports all countermeasures taken by the Chinese government, adding that Washington's actions will not only fail to bring economic benefits to itself, but will also have a serious negative impact on global industrial and supply chains.

The China Chamber of Commerce for Import and Export of Medicines and Health Products said that the US actions will significantly affect the stability of pharmaceutical industry chains, particularly impacting medical coverage for low and middle-income groups.

The statements followed US President Donald Trump signing an executive order on the so-called "reciprocal tariffs" last week, imposing a 10-percent minimum baseline tariff and higher rates on certain trading partners.

On Friday, China announced a series of countermeasures, including ones starting from April 10, with a 34 percent tariff to be imposed on all imported goods originating from the US. Moreover, export controls will be strengthened on certain rare earth-related items, among many others.

"The imposition of reciprocal tariffs by the US is more of a negotiating strategy to gain more benefit from global trade. While the move may negatively impact China's automotive exports to the US, it could open up opportunities in other regions. China should focus on protecting core technologies and expanding its presence in markets outside the US," said Cui Dongshu, secretary-general of the China Passenger Car Association.

BloombergNEF solar analyst Tan Youru predicts a shift in the global photovoltaic supply chain due to trade restrictions, leading to a more diverse and decentralized market.

"Even considering generous US subsidies for local manufacturing and trade protection measures, establishing upstream silicon wafer and polycrystalline silicon manufacturing in the US is still quite challenging," he said.

Top
BACK TO THE TOP
English
Copyright 1995 - . 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
 
主站蜘蛛池模板: 久久久久久亚洲精品中文字幕 | 免费网站看v片在线香蕉 | 女人扒开腿让男人捅啪啪 | 极品美女写真菠萝蜜视频 | 九九在线视频 | 亚洲成av人片在线观看 | 欧美一区精品 | 久久一区二区三区免费播放 | 国产午夜精品理论片影院 | 久草com| 在线永久免费观看黄网站 | 在线看片欧美 | 亚洲国产日韩a在线亚洲 | 久久免费看 | 男女超猛烈啪啦啦的免费视频 | 特黄a三级三级三级 | 欧美午夜精品久久久久免费视 | 欧美一级在线观看 | 欧美成人怡红院在线观看 | 日本欧美一区二区三区高清 | 波多野结衣中文在线 | 三级黄毛片 | 欧美国产精品一区二区免费 | 亚洲精品一区二区三区不卡 | 国产日韩精品欧美一区喷 | 私人毛片免费高清影视院丶 | 日本久久香蕉一本一道 | 黄色上床网站 | 久久精品人人爽人人爽快 | 亚洲精品欧美精品国产精品 | 日韩在线视频一区二区三区 | 频黄 | 一区二区三区在线 | 日本 | 国产一区二区在线视频 | www.欧美在线观看 | 日韩亚洲天堂 | 香港三级日本三级人妇三级四 | 国产女王s调视频vk 国产女王vk | 成人一区视频 | 国产精品亚洲一区二区三区久久 | 国产精品成人一区二区不卡 |