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中美贸易关系不断增强,是由两国经济体量和结构上的互补性以及宏观经济政策决定的。中国目前处于经济再平衡状态,改善国内投资和消费结构将有助于减少双边贸易失衡。同理,特朗普政府当前的预算提案带来财政赤字增加,并对美元估值产生影响,进而扩大美国的整体和双边贸易赤字。尽管平衡的双边贸易对于产业竞争力抑或家庭在贸易中的得失并没有任何意义,但是美国新一届政府对双边贸易赤字仍深表担忧。美国政府给中国强加的这些贸易壁垒只会将其与中国的贸易逆差转移到其他国家,造成效益和福利的损失。中美贸易战爆发不仅会造成两败俱伤的局面,而且会影响全球经济,并进一步在金融和需求方面对中美造成影响。
The ever-increasing trade relations between China and the United States are determined by the volume and structural complementarity of the two economies and the macroeconomic policies. China is now in a state of economic rebalancing, and improving domestic investment and consumption structure will help to reduce bilateral trade imbalances. By the same token, the Trump administration’s current budget proposal has brought about an increase in the fiscal deficit and has an impact on the dollar’s valuation, thereby expanding the U.S. overall and bilateral trade deficit. Although balanced bilateral trade does not make any difference to the competitiveness of industries or the gains and losses of families in trade, the new U.S. administration remains deeply concerned about the bilateral trade deficit. These trade barriers imposed by the U.S. government on China will only transfer their trade deficit with China to other countries, resulting in losses of benefits and benefits. The Sino-U.S. War of trade will not only create a lose-lose situation, but also affect the global economy and further affect China and the United States in terms of finance and demand.