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The content of Sino-US trade war
This "trade war" or "trade friction" roughly includes two parts.

The first is the confrontation around the "232 investigation". 2065438+On March 8, 2008, US President Trump issued two presidential announcements, imposing a tariff of 25% on steel products imported from the United States and a tariff of 10% on aluminum products. The tariff measures will be applied to all countries except Canada and Mexico, including China. The executive order (presidential announcement) is based on "232 investigation", and its domestic law is based on section 232 of the Trade Expansion Law of 1962 (compiled as19 U.S.C.1862+0862) and the corresponding1. Country! Go home! Ann. All of them! Influence.

Second, the confrontation around "30 1 investigation".

The list of tariff increases announced by the United States this time, that is, on April 4th, was based on the "30 1 investigation" launched by the Office of the United States Trade Representative on August 8th last year. The survey results were announced on March 22 this year. When it was announced, it caused an uproar, but US President Trump still signed a presidential memorandum in Washington that day, which will impose trade sanctions on China according to the investigation results. In the future, the Office of the US Trade Representative will listen to the public's opinions on the additional tariffs List, including whether the existing list items and tax rates need to be adjusted, and whether it is necessary to increase the additional tariffs. The "public" can submit written adjustment opinions before May 1 1. In addition, the relevant hearing will be held at the US International Trade Commission on May 15. After the hearing, the "public" has one week to submit its rebuttal.

In order to punish the bad trade hegemonism of the United States, according to the relevant provisions of the Foreign Trade Law of People's Republic of China (PRC) and the Regulations on Import and Export Tariffs of People's Republic of China (PRC), with the approval of the State Council, the the State Council Customs Tariff Commission decided to impose a 25% tariff on the goods originating in the United States 14 106 on the day when the list of recommendations was published in the United States. The implementation date will be announced separately by the the State Council Customs Tariff Commission depending on the implementation of the US government's tariff increase on our goods.