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
Opinion
Home / Opinion / Editorials

Washington's trade folly evident

China Daily | Updated: 2019-08-20 07:37
Share
Share - WeChat

The US Commerce Department has extended the temporary reprieve given to Huawei, allowing the Chinese telecommunications equipment giant to continue buying supplies from US companies for another 90 days.

The first reprieve that was announced in May after Washington put the company on its Entity List on the grounds that it endangers US national security and harms its foreign policy interests was to expire on Monday.

Extending it does not necessarily mean the US has had a change of heart toward the company-"I don't want to do business (with Huawei) at all because it is a national security threat," the US leader said on Sunday.

Nor is it a true gesture of "good faith" for the forthcoming round of trade talks as the US claims. Too many times the good momentum in the talks has been disrupted unilaterally by the US administration's capricious policies.

Extending of the reprieve is simply expedient, serving as further proof that Washington is not winning the trade war as easily as it expected. Rather, given the close interdependency of economies in the global supply chains, US companies are suffering too as Washington tramples over the principles of free trade.

Out of $70 billion that Huawei spent buying components in 2018, some $11 billion went to US companies including Qualcomm, Intel and Micron Technology.

Banning them from selling to Huawei would mean a huge loss for these US companies, which is why so many US suppliers asked Washington to allow them to continue selling to Huawei after the official ban was imposed.

Actually, an increasing number of people in the US have come to realize the folly of the administration's trade policies.

In a report released on Monday by the National Association for Business Economics, 34 percent of the economists surveyed said they believe a slowing US economy will tip into recession in 2021. That's up from 25 percent in a survey taken in February.

Meanwhile, support for free trade has hit an all-time high in the US, according to an NBC/Wall Street Journal poll released on Sunday. Sixty-four percent of Americans support free trade, up 7 percentage points from the previous time the question was asked in 2017 and up 13 percentage points from a 2015 poll.

A prolonged trade war between China and the US is a dead end. The leaders of the world's two largest economies should be wise enough to avoid the worst-case scenario and work out a solution that benefits not only their own countries but also the world economy as a whole.

Most Viewed in 24 Hours
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
主站蜘蛛池模板: 国产精品一区二区三区免费 | 免费看一毛一级毛片视频 | 99re热久久| 手机看片日韩日韩国产在线看 | 亚洲精品一区亚洲精品 | 成人永久福利在线观看不卡 | 国产精品单位女同事在线 | 国产精品欧美一区二区 | 性感美女一级片 | 新版天堂中文资源8在线 | 美女张开腿让人桶 | 青草欧美| 久草高清视频 | 日韩欧美在线播放视频 | 性色a v 一区 | 中国女人真人一级毛片 | 99久久亚洲国产高清观看 | 精品国产免费第一区二区 | 国产91av在线 | 亚洲精品午夜一区二区在线观看 | 在线观看国产区 | 九九久久国产精品 | 久久观看视频 | 免费看v片网站 | 久久国产精品免费看 | 欧美18www | 国产系列在线观看 | 亚洲国产二区三区久久 | 欧美一级aa天码毛片 | 国产亚洲一路线二路线高质量 | 久久精品国内一区二区三区 | 日本a级毛片免费观看 | 久久亚洲高清观看 | 羞羞一区二区三区四区片 | 最新欧美精品一区二区三区不卡 | 成人网中文字幕色 | 国产精品久久福利网站 | 在线观看中文字幕一区 | 美国做受三级的视频播放 | 国产呦系列呦 | 国产三级小视频在线观看 |