Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-US

Former US commerce secretary: US tariffs could push China 'over the cliff'

China Daily USA | Updated: 2018-09-13 23:24
Share
Share - WeChat
Former US Commerce Secretary Carlos Gutierrez [photo/ provided to China Daily USA]

US tariffs could push China "over the cliff" and eventually drag down the global economy, said former US Commerce Secretary Carlos Gutierrez.

"That's not good for the world. We may think that China's rise may be bad for the US, that China is a strategic competitor ... but the moment China's growth rate declines, we will regret it," he said in an interview with CNBC at the Milken Institute's annual Asia Summit in Singapore. Gutierrez served under former President George W. Bush

The extent of China's slowdown depends on "how much damage we do with these tariffs," added Gutierrez, now the chair of consultancy Albright Stonebridge Group. He said if President Donald Trump imposes tariffs on every Chinese product that enters the US, the impact on China would be big.

The US has implemented tariffs on $50 billion of Chinese imports, to which Beijing retaliated. Washington has ended a public comment period for an additional $200 billion of tariffs worth of goods from China and before that's imposed, Trump said he's "ready to go'' with levies on an additional $267 billion worth of Chinese products.

While some issues that have been raised are worth looking into, Trump's calling out China in public can't resolve them, said Gutierrez.

"I would take a private approach. The problem with doing it in public is that it can humiliate a country. We're talking about sovereign countries, not businesses, and to put China in a position of publicly being called out and potentially publicly humiliated, publicly losing face, that can't succeed," he said.

On Thursday China welcomed an offer from the Trump administration to discuss trade. Chinese Commerce Ministry spokesman Gao Feng said that the two governments were discussing details for a new round of negotiations.

Gutierrez said that it's a sign of progress that the US appears to be willing to talk with China.

"It could resolve in a deal, I just don't know how much it will achieve the president's goals," he said. "We need to understand that trade is part of what drives growth and I think that it's a very dangerous assumption that if our trade deficit is high, we're losing."

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: 日本电影100禁| 国产伦子系列视频6| 国产视频一区二区在线观看| 国产精彩视频在线| 国产精品20p| 国产做无码视频在线观看| 国产女人好紧好爽| 嘟嘟嘟www在线观看免费高清 | m.jizz4.com| chinese国产xxxx实拍| **性色生活片毛片| 超兴奋的朋…中文字幕| 穆天阳吃饭还在顶是哪一章节| 欧美金发大战黑人wideo| 曰批视频免费40分钟试看天天| 日本18xxx| 在线日韩日本国产亚洲| 国产成人免费网站app下载| 另类视频色综合| 动漫美女被爆羞羞免费| 亚洲日产综合欧美一区二区| 久久人爽人人爽人人片av| h视频免费在线| 欧美丰满白嫩bbwbbw| 羞羞视频免费网站入口| 波多野结衣动态图| 日韩人妻精品一区二区三区视频| 无翼日本全彩漫画大全全彩| 夜夜躁日日躁狠狠久久| 国产成人精品亚洲一区| 再深点灬舒服灬太大了老板| 国产乱偷国产偷高清| 免费在线观看a级毛片| 亚洲国产婷婷综合在线精品| 久久久午夜精品理论片| 99久久国产综合精品成人影院| 韩日美无码精品无码| 精品一区二区三区在线观看| 精品无码AV无码免费专区| 欧美日韩国产另类在线观看| 推拿电影完整未删减版资源|