Chapter 62 Trade Frictions

January 4, 2017.

The Ministry of Commerce of Milijia included Leishen batteries or products using Leishen battery cells into the prohibited list on the grounds that Leishen batteries were suspected of patent disputes.

If a day before Moore Harrison sued Raytheon Battery for patent infringement, and the president's tweet was only spread on the Rice Grain's network.

At this moment, the whole world knew about Mi Lijia's ban on the sale of Thor batteries.

The Ministry of Foreign Relations of the Eastern Tang Dynasty immediately refuted the arrogance and unreasonableness of the Ministry of Commerce of the Mi Li Family.

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

But everyone knows that Mi Lijia will never give up the ban on Thor batteries.

……

On the other side of the Meteor Shower Company.

After Xiao Lisha received a call from Huang Haojie yesterday, she immediately began to prepare to go long in the lithium battery industry, focusing on the lithium battery industry of Colliers and Sun Country.

Huang Haojie knew that since the ban could not be avoided, he had to think about how to minimize the loss.

Once Raytheon battery encounters a beautiful and strong ban on sales, then the lithium battery industry, as a substitute for Raytheon battery, will inevitably rise to the wind.

Even if Raytheon Battery loses a large part of its international business, Huang Haojie has to make a profit in the stock market.

Sure enough, the news of the ban on the sale of Raytheon batteries by the Ministry of Commerce came out.

The stocks of Sony, Panasonic, Koryo Sanxin Battery, and LG Chem rose sharply.

Like the Sony battery listed in Mi Lijia, it soared by 6% directly, and Panasonic battery was not far behind, among which the biggest increase was Gaoli LG Chem, which had just reached an agreement with Sydney on mobile phone battery tablet batteries, which directly soared by 13%.

The Meteor Shower Company, which drove a five-fold leverage, earned 1.2 billion yuan in this wave.

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

……

Raytheon Group's official website.

Raytheon Group has released an explanation of Raytheon's battery patent.

It was explained to the public that Leishen Battery has not only registered the domestic patent of Dongtang, but also has registered an international patent, and has been recognized and approved by 136 countries such as the Great Western Alliance and Southeast Asian countries.

I expressed regret and anger at the crime of the Ministry of Commerce of the Mi Li Family.

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

Under the official website of Raytheon Group, countless netizens have left comments and messages.

"Oh hard! Support Thor! —Lingnan Shanmei user 150**4573

"When is the time to retribution for injustice, oppose economic hegemony." —Emperor Qin and Han Wu

"It's embarrassing to say that infringing on other people's patents is really embarrassing." — Yellow-skinned and white-hearted banana man

"@黄皮白心香蕉人, catch a licking dog." —Embarrassment

"The fire at the city gate affected the pond fish, and they were the ones who were pitted by Huawei and Wheat, after all, most of the business of the Raytheon Group is in China." — Lonely sandbar cold

"Anyway, I don't believe that Raytheon batteries will infringe on other people's patents, if the Mi Li family has the ability, why not produce it themselves? It's just inexplicable. "— Eating melons for the masses

"@吃瓜群众, there are some foreign companies that specialize in preemptively registering patents, which is to extort those invention patent holders or companies." — There is only one truth

"It's good to be banned, but I opened my mouth to the lion of Sydney, and I was really unhappy with the retribution." — rock sugar pear

……

Although Huang Haojie has notified his partners in advance, the speed of the Ministry of Commerce of Mi Lijia is too fast.

Products equipped with Raytheon batteries or batteries sold in Mi were all forcibly removed from the shelves.

As time went by, as expected, Huang Haojie announced on January 11 that John Country, Maple Leaf Country, and Tuao would include Thor batteries in the ban list, followed by Sun Country, Colliers, Lion City, and Luzon.

The Great Western Alliance, represented by Gaul and Hans, said that Raytheon batteries had obtained international patents and would not include Raytheon batteries in the ban list.

On January 18, Washington time, the Ministry of Commerce of Mi Lijia made three final rulings on anti-dumping and countervailing in one go.

162.47% anti-dumping duty and 48.94%~165.39% countervailing duty were levied on the amorphous fabrics exported by Dongtang rice grains.

An anti-dumping duty of 68.27% and a countervailing duty of 251% were imposed on Dongtangpu carbon and alloy steel plate.

An anti-dumping duty of 493.46 per cent and a countervailing duty of 206.72 per cent were imposed on ammonium sulphate.

According to the British Financial Times, on the evening of January 19, international financial tycoon George Soros expressed an extremely pessimistic view on the issue of the Tangmi trade war at his annual Davos media dinner.

"Inevitably."

When asked by reporters if there would be a trade war in 2017, he replied:

"Tewupu is already gearing up."

At this time, Huang Haojie had already seen that the trade war between Dongtang and Mi Lijia was about to break out, even if there was no large-scale outbreak for the time being, I am afraid it would not be delayed for long.

He couldn't help but rejoice that Galaxy Technology's dependence on the international market is not high, and it is also beneficial to the strategy of diversification, Galaxy Technology is not a one-legged enterprise.

What's more, the foundation of Galaxy Technology is in Dongtang, and he is now firmly seated in Diaoyutai, although part of the loss of partners will affect Galaxy Technology, but it will not be too serious.

Xiao Lisha's meteor shower company has been attacking cities and lands in the international financial market these days, and has reaped no less than 4.6 billion yuan in profits in just half a month.

On the other hand, Dongtang was not to be outdone.

According to the official website of the Trade Remedy 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 the webpage alone, including three 337 investigation applications filed by Mi Lijia against China's LCD electronic handwriting tablets, bow blade arrow products, and rebounding components and products.

In addition, Dongtang Ethanol has been complaining that rice grains benefit from unfair subsidies.

Recently, the final ruling issued by the Ministry of Commerce shows that from January 12, 2017, Dongtang will impose anti-dumping duties of 42.2%~53.7% on rice grains DDGs, higher than the preliminary ruling of 33.8% in September. Countervailing duties will also be raised to 11.2 to 12.0 percent, up from 10.0 to 10.7 percent in last year's preliminary ruling. The period of collection is 5 years.

Huo Jianguo, former president of the Academy of International Trade and Economic Cooperation of the Ministry of Commerce, believes that after the special spectrum comes to power, there will definitely be more trade frictions in Tangmi than in the "Obama era", but the possibility of a full-scale "trade war" has not yet been seen.

Liang Hong, chief economist of CICC, pointed out that Tewupu emphasizes the principle of "rice grains first" in formulating trade policies, and Dongtang, as the largest trading partner of rice grains, may become the focus of its attention.

Judging from the policy announcement and the reality of the rice grain policy, the policy options generally include import tariffs, border adjustment taxes and non-tariff barriers.

Judging from the current situation, the Tangmi trade friction in 2017 may be unavoidable, and the potential risk of the trade war is rising.

At present, it may be steel, but infrastructure products, auto parts, home appliances, lighting equipment and other products that account for a large export market share and rapid export growth in recent years need to find out the details and make full preparations.

According to the three major goals of reducing the trade deficit, boosting economic growth, and increasing employment, from the perspective of the trade deficit, Mi Lijia's computer, chemical industry, electronics industry, automobile and parts industry are the industries with the largest deficits, while the paper industry, forestry industry, and fishery have smaller deficits.

If the rice grains want to quickly reduce the huge trade deficit with the Eastern Tang Dynasty, they are likely to carry out precision strikes on these industries.

However, considering the environmental pollution factors of the chemical industry and the extreme dependence on imports, the industry can be safed in the short term.

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

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

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