President Trump is included in the possibility to advance negotiations with China in response to the reaction of the US economic circle, and China is showing a posture to continue negotiations, so surprisingly the stock price of the US and China Is rising.

Japan time 2018/9/19 As of 6:00 now

NY Dow: 26, 246.96 (+184.84)

NASDAQ: 7, 956.11 (+60.31)

S & P 500: 2, 904.31 (+15.51)

Shanghai Composite Index: 2,699.95 (+48.16)

Foreign exchange dollar yen: 112.36 (+0.48)

Stocks · yen depreciated

Following this, it is likely that today's Japanese stock will start ascent.

In response to sanctions to add tariffs on imports of 200 billion dollars from China, which was decided by the US trump regime, the Chinese government issued a retaliatory measure to tariff US $ 60 billion imports on Wednesday night I decided.

The trade friction between the United States and China is in a situation in which it is not stopping the compensation for retaliation.

Trump regime decided on Thursday that it is infringing the intellectual property rights of the United States on March 24, and from the 24th this month, it decided the third sanction measures to add 10% tariff to 200 billion dollar imports, Almost half of imported goods will be subject to sanctions.

In response to this, China also announced that it will implement a retaliatory measure to impose a maximum tariff of 10% on imported goods of US $ 60 billion from the US on the evening of 18th, and will announce more than 70% I made it subject to.

In response to these Chinese movements, President Cardinal said on Tuesday to reporters, "If we take retaliation measures against American farmers and workers, we will implement an additional $ 267 billion sanctions," followed by China We reiterate the idea of ​​sanctioning almost all imported goods from Japan.

However, the National Retail Managers' Association said "We are extremely discouraged by the measures this time, in sanctions of the Trump regime that put high tariff on products familiar to our lives." It is not China to bear the burden of tariffs, It is a consumer. "

Amid such opposition, the trade friction between the United States and China is no longer a chance of compromising both countries' attitudes towards now, and the situation is in a state where it will not stop the compensation for retaliation.

China's retaliatory measures

In response to the trump regime of the United States adding tariffs on imports of 200 billion dollars from China, the Chinese side added 5207 items imported from the United States, 5% to the imported item of 60 billion dollars in value, Or 10% of tariffs to be added.

The main target items are LNG = agricultural products such as liquefied natural gas and coffee beans, metal processing machines, and toys.

One view that President Trumpe's visit to China last November was a joint development of natural gas by companies in the U.S. and China and that the Chinese side showed a strong opposition to LNG Yes.

The Chinese side has undertaken retaliatory measures of the same scale as the sanctions of the Trump regime as "the US fights the trade war with the end."

Although the US sanctions are 200 billion dollars this time, the Chinese side retaliation is only 60 billion dollars.

Since the total amount of imports from the United States to China last year is over 150 billion dollars as a whole, even if this retaliation is going to escalate in the future, China can not compete on the same scale.

However, if China invokes this retaliation, the target of tariffs will reach $ 110 billion, which will result in high tariffs on over 70% of imports from the United States.

If high tariffs continue for a long period of time, China's businesses and consumers will also be hit by the negative economy, so retaliatory measures that involve tariffs will be stuck in any way.

Applying tariffs will directly lead to price increases and for both citizens will be "tax increase".

In the United States, the economy is in a strong period, numerical figures such as wages and employment are maintained at a high level, but interviews that convey complaints mainly from agricultural stakeholders mainly making main crops are frequent in news in Japan It is being broadcast.

China received construction investment from companies around the world against the backdrop of cheap wages and became a "manufacturing factory", but investment hikes have continued and the money invested in China has not been invested in China It is moving to the country.

The US tariff policy leads to the rise in the price inflation of the American citizens, and unless it is supported by the economic boom, public dissatisfaction will increase.

I just hope that you will be aware of the barrenness of such customs policy before the US president's interests turn to Japan.