What the West can learn from Japan – Diepresse.com
In the trade war between the United States and China, the operation is further increased. Beijing controls export less frequently and threatens to use the shortage of this as a weapon. A country that has experience with such harassment is now considered a model for dealing with it: Japan.
In the trade war between the United States and China, US President Donald Trump has so far been the attacker. He imposed tariffs to supposedly strengthen the US economy that is not competitive in many areas. China reacted with counter -tariffs. And even if suddenly more conciliatory tones were struck on Friday, there was never an never -time escalation of the customs sets within a short time. Most recently, the United States had decided on almost all of the goods that are introduced from China, tariffs of 145 percent of the goods value; The other way around, 125 percent of customs costs are due in China.
But China not only leaves tariffs to strike back in the trade war. Beijing also relies on other measures – for example with regard to the export of systemically important products such as so -called rare earths. According to the US media, raw material dealers have already reported in the past few days that they would no longer receive the products to the extent that would be desired. China thus uses its dominance in an important sector and could use it to make the US economy sensitively.
