The Countermeasures of Sino-US Trade War——Based on the Perspective of Industrial Policy
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Soybeans, as important food crops, oil crops and high-protein feed ingredients, are increasingly becoming an indispensable part of our people's lives. However, the output of soybeans in China is far from meeting the needs of the Chinese people. Of soybeans in China mainly depends on imports, the dependence on foreign countries is very high, and soybeans imported from the United States account for about 1/3 of the total imports. The consumption of soybeans in the United States is dependent on exports, and China is an important soybean customer of the United States. However, the Sino-US trade war broke the original import pattern of China. The reduction of soybean imports from the United States has increased the import of soybeans from other countries. Therefore, based on the general situation of trade war, this paper studies the soybean problem in the trade war from the situation of soybean production, consumption and Sino-US soybean trade in China, and analyzes the impact of trade war on China's soybean trade to propose countermeasures.
Sino-US trade war; Industrial Policy; Tariff increase; Soybean trade