Galactic Tech Empire

Chapter 61 Trade Friction
2017 1 Month 4 Day.

Milijia’s Ministry of Commerce, on the grounds that Raytheon batteries are suspected of patent disputes, included Raytheon batteries or products using Raytheon battery cells on the list of prohibited sales.

If the Moore Harrison company sued Raytheon battery for patent infringement a day ago, and the tweet of the president of Milijia was only spread on the Milijia network.

So at this moment, the whole world knows that Mi Lijia banned the sale of Thor batteries.

Dongtang's foreign relations department immediately refuted the arbitrariness and unreasonableness of Mi Li's business department.

The Ministry of Commerce of Dongtang also immediately announced an anti-monopoly investigation against Boeing.

But everyone knows that Milijia will never give up banning the sale of Thor batteries.

……

Meteor Shower Company on the other side.

After Xiao Lisha received Huang Haojie's call yesterday, she immediately began to prepare to do more in the lithium battery industry, with the focus of course on the lithium battery industry of Gaoli and Sun Country.

Huang Haojie knew that since the lock-up was unavoidable, he had to think about how to minimize the loss.

Once Raytheon batteries are banned from sale by Meili, the lithium battery industry, which is a substitute for Raytheon batteries, will inevitably rise in the wind.

Lost in the east, harvested in Sangyu, even if Raytheon Battery lost a large part of its international business because of this, Huang Haojie would have to make a fortune in the stock market.

Sure enough, the news that the Ministry of Commerce of Milijia banned the sale of Raytheon batteries came out.

The stocks of Sun Country Sony, Panasonic, Korea Li Sanxin Battery, and LG Chem soared.

For example, Sony’s battery, which was listed in Milijia, soared by 6%, and Panasonic’s battery was not far behind. Among them, the biggest increase was that of Gaoli LG Chem, which had just reached an agreement with Sydney for mobile phone battery and tablet battery, which directly soared by 13%.

Meteor Shower, which operates five times the leverage, earned 12 billion Chinese yuan in this wave.

Xiao Lisha already knew from Huang Haojie that more countries will definitely join the ranks of banning the sale of Raytheon batteries in the future, so she is still unswervingly long on stocks in the lithium battery industry.

……

Raytheon Group official website.

Raytheon Group released an explanation of the Raytheon battery patent.

Explained to the public that Raytheon battery has not only registered Dongtang's domestic patents, but also registered international patents, and has been recognized and approved by 136 countries including the Atlantic Alliance and Southeast Asian countries.

I express regret and anger at Mi Lijia's Ministry of Commerce's intention to impose a crime.

Of course, this is just the attitude of the Raytheon Group. Huang Haojie knows that the Ministry of Commerce of Milijia will not revoke the embargo.

Under Raytheon Group's official website, countless netizens posted comments and messages.

"It's difficult! Support Raytheon!"—Lingnan Shanmei user 150**4573
"When is the time to repay the grievances? Oppose economic hegemony." - Qin Huang Han Wu

"It's shameless to say that it infringes on other people's patents. It's really embarrassing." - Huang Pi Bai Xin Banana Man
"@黄皮白心bananaman, caught a licking dog." —囧囧有神

"The fire at the city gate affected Chiyu, Huawei and Maimai were the ones who got tricked. After all, most of Raytheon Group's business is in China." - Lonely Shazhou Leng
"Anyway, I don't believe that Raytheon batteries will infringe on other people's patents. If Mi Li's family has the ability, why don't they produce them themselves? It's simply inexplicable." - Eat melons

“@吃瓜世界, there are some companies in foreign countries that specialize in preemptively registering patents, just to blackmail those invention patent holders or companies.” — There is only one truth

"It's good to ban it, but you actually opened your mouth to me, the Sydney Lion, and the retribution is really bad." - Bingtang Sydney

……

Although Huang Haojie had notified his partners in advance, Mi Lijia's business department acted too quickly.

All products equipped with Raytheon cells or batteries sold in Rice are forcibly removed from the shelves.

As time went by, as expected by Huang Haojie, John Country, Maple Leaf Country, and Tuao announced on January 1 that Raytheon batteries would be included in the banned list, followed by Sun Country, Colliers, Lion City, and Luzon .

The Great West Alliance, represented by Gaul and Hans, stated that Raytheon batteries have obtained international patents and will not include Raytheon batteries in the banned list.

On January 1, Washington time, the Ministry of Commerce made three final rulings on anti-dumping and countervailing in one go.

An anti-dumping duty of 162.47% and a countervailing duty of 48.94%~165.39% are imposed on the amorphous fabrics exported by Dongtang.

An anti-dumping duty of 68.27% and a countervailing duty of 251% are imposed on East Trump carbon and alloy steel plates.

A 493.46% anti-dumping duty and a 206.72% countervailing duty are imposed on ammonium sulfate.

According to the British Financial Times, on the evening of January 1, George Soros, an international financial giant, expressed an extremely pessimistic view on the Tang Mi trade war at his annual Davos media dinner.

"certain."

When a reporter asked Tang Mi whether there would be a trade war in 2017, he replied:
"Terma is already gearing up."

At this time, Huang Haojie has already seen that the trade war between Dongtang and Mili's family is about to break out. Even if there is no large-scale outbreak for the time being, it may not last long.

He couldn't help but be thankful that Galaxy Technology doesn't depend much on the international market, and also benefited from the strategy of diversification, Galaxy Technology is not a company that left alone.

What's more, Yinhe Technology's foundation is in Dongtang, and he is now sitting firmly on the Diaoyutai. Although part of the loss of partners will affect Yinhe Technology, it will not be too serious.

Xiao Lisha's Meteor Shower Company has been conquering the international financial market these days, and has reaped a profit of no less than 46 billion yuan in just half a month.

On the other hand, Dong Tang is not to be outdone.

The official website of the Trade Remedy and Investigation Bureau of the Ministry of Commerce of Dongtang. Since January, there have been more than a dozen cases related to trade remedy investigations published on this webpage alone, including Milijia’s liquid crystal electronic tablet, bow blade and arrow products, and backboard components. Three 1 investigation applications filed with products.

In addition, Dongtang Ethanol Industry has been complaining that Milijia has benefited from unfair subsidies.

近日，商业部出台的最终裁定显示，从2017年1月12日起，东唐将对米粒家DDGs征收42.2%~53.7%的反倾销税，高于9月初步裁定的33.8%。反补贴税也将提高到11.2%至12.0%，高于去年初步裁定的10.0%至10.7%。征收期限为5年。

Huo Jianguo, former director of the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce, believes that after Temopu came to power, there will definitely be more trade frictions in Tang Mi than in the "Obaniu era", but the possibility of a full-scale "trade war" has not yet been seen.

Liang Hong, chief economist of CICC, pointed out that Temopu emphasizes the principle of "Milijia first" in formulating trade policies, and Dongtang, as Milijia's largest trading partner, may become its focus.

Judging from the special policy declaration and the policy reality of Milijia, the policy options generally include import tariffs, border adjustment taxes and non-tariff barriers.

Judging from the current status quo, Tangmi trade frictions may be inevitable in 2017, and the potential risks of trade wars are rising. So, which industries in Dongtang will be affected?
At present, it may be steel, but Dongtang products such as infrastructure products, auto parts, home appliances, lighting equipment, etc. have accounted for a large share of the export market in recent years and have a rapid export growth. All of them need to find out the details and make sufficient preparations.

According to the special goals of reducing the trade deficit, boosting economic growth, and increasing employment, from the perspective of trade deficit, the computer, chemical industry, electronics industry, automobile and parts industry of Milijia are the industries with the largest deficits, while Paper, forestry and fisheries had smaller deficits.

If Mi Lijia wants to quickly reduce the huge trade deficit with Dongtang, it is likely to carry out precise strikes on these industries.

However, considering the environmental pollution factors of the chemical industry and the extreme dependence on imports, this industry can be safe in a short period of time.

From the perspective of employment, Milijia's domestic textile, clothing and leather products industries have been hit the hardest by imports.

If the Milijia government wants to "bring jobs back", especially in low-wage industries, it should start with the textile, clothing and leather industries first.

Because the labor cost of this industry is relatively low, it may bring the most jobs to Milijia in the country at that time.

(End of this chapter)