2020年CRI China-US trade dispute: clash of multilateralism and unilateralism

 

It’s been 16 months since the US firstly announced to impose trade tariffs² on China, and talks between the countries have yet to produce an agreement.

As the trade negotiation³ with China has yet been settled, the Trump⁴ administration holds its America First trade policy and continues imposing⁵ tariff¹ on other countries, such as Japan, Germany, France, India, and Turkey. Many of those nations have responded with retaliatory⁶ tariffs on the U.S.

But are protectionism and unilateralism the only strategy for solving global trade dispute? What can China do to protect its own interests and the multilateral free trade system?

To better understand, CRI reporter Xu Yawen had a talk with Bai Chong-En, Dean of School of Economics and Management, Tsinghua University.

1 tariff   

n.关税，税率；(旅馆、饭店等)价目表，收费表

参考例句：

• There is a very high tariff on jewelry.宝石类的关税率很高。
• The government is going to lower the tariff on importing cars.政府打算降低进口汽车的关税。

2 tariffs   

关税制度； 关税( tariff的名词复数 )； 关税表； （旅馆或饭店等的）收费表； 量刑标准

参考例句：

• British industry was sheltered from foreign competition by protective tariffs. 保护性关税使英国工业免受国际竞争影响。
• The new tariffs have put a stranglehold on trade. 新的关税制对开展贸易极为不利。

3 negotiation   

n.谈判，协商

参考例句：

• They closed the deal in sugar after a week of negotiation.经过一星期的谈判，他们的食糖生意成交了。
• The negotiation dragged on until July.谈判一直拖到7月份。

4 trump   

n.王牌，法宝；v.打出王牌，吹喇叭

参考例句：

• He was never able to trump up the courage to have a showdown.他始终鼓不起勇气摊牌。
• The coach saved his star player for a trump card.教练保留他的明星选手，作为他的王牌。

5 imposing   

adj.使人难忘的，壮丽的，堂皇的，雄伟的

参考例句：

• The fortress is an imposing building.这座城堡是一座宏伟的建筑。
• He has lost his imposing appearance.他已失去堂堂仪表。

6 retaliatory   

adj.报复的

参考例句：

• The process can take years before the WTO approves retaliatory action. 在WTO通过此行动之前，这个程序恐怕要等上一阵子了。 来自互联网
• Retaliatory tariffs on China are tantamount to taxing ourselves as a punishment. 将惩罚性关税强加于中国相当于对我们自己实施课税惩罚。 来自互联网