国产一级片一区二区三区Iav黄色免费看I久久久久国产成人免费精品免费I人成午夜视频I97福利在线I国产麻豆剧传媒免费观看I久久爱www.I一区二区三区视频在线I久久免费高清I麻豆国产精品永久免费视频I91尤物国产尤物福利在线播放

Commentary: Innovation wand works better than protectionist stick

Source: Xinhua| 2018-01-26 21:53:21|Editor: Xiang Bo
Video PlayerClose

by Xinhua Writers Wang Haiqing, Liang Junqian

BEIJING, Jan. 26 (Xinhua) -- Just as political and business leaders worldwide streamed to the Swiss resort of Davos to explore ways of tackling global challenges, free trade took a hit.

In an overt act of protectionism, the United States slapped steep tariffs on imports of washers as well as solar cells and modules earlier this week, resorting for the first time since 2001 to the so-called Section 201, an outdated tool under the Trade Act of 1974.

That was just the latest in a string of cases where Washington wielded the protectionist stick. In the past few weeks, the U.S. government blocked the acquisition of a U.S. payment company by an affiliate of Alibaba Group, and forced telecom company AT&T to scrap a plan to offer its customers Huawei handsets.

Such moves smell of U.S. President Donald Trump's signature self-centered "America First" policy. But if they were intended to protect U.S. interests, they would not work, just as painkillers are not cures.

Domestically, the hefty tariff on solar products, as U.S. industry analysts and pundits have pointed out, "will hit U.S. workers and consumers hard" and leave "almost everyone unhappy."

The U.S. Solar Energy Industries Association has predicted that the hike could cut solar installations this year by nearly 20 percent and lead to the loss of 23,000 jobs in the United States.

It might also "trigger a tsunami of new requests for trade barriers under this Section 201 law" and result in higher consumer prices and fewer purchases, thus imposing costs on the U.S. economy, said Chad Bown, a trade expert at the Peterson Institute for International Economics, a Washington-based think tank.

Globally, the countries struck by Washington's protectionist stick might retaliate, which would likely set off a chain reaction whose consequences are hard to predict. Some say they have heard the first shot of a trade war. Alas, there are no winners in a trade war.

More important is that should the situation spiral out of control, more countries would fall victim. Ten years after the 2008 international financial crisis, major economies are finally all in growth gear. But the still fledgling recovery is far from turning into sustainable growth, and thus vulnerable to disturbances.

To find the real cure, Washington needs to locate the focus. In the U.S. socioeconomic pains, particularly job losses, international competition does play a role, but not so much as the inevitable industrial upgrading thanks to the unstoppable technological advances.

Thus counting on trade barriers misses the point. In the tides of the Fourth Industrial Revolution, the right treatment is to ride the waves and pursue innovation.

Just as Chinese President Xi Jinping stressed in a landmark speech at Davos a year ago, countries should seize the opportunities presented by the new round of industrial revolution, develop new growth models, and cultivate new industries and new business models, so as to create new jobs and restore public confidence and hope.

That should not be a tall order for Washington. As the largest developed country, largest economy and sole superpower in the world, the United States boasts a highly competitive workforce and a big edge in the global quest for innovation.

Given that, in order to end the pains for good, Washington had better throw away its protectionist stick and pick up the innovation wand.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369276771
主站蜘蛛池模板: 久欠精品国国产99国产精2021| 亚洲一区二区三区高清av| 无码中文字幕热热久久| 精品无码人妻一区二区三区不卡 | 亚洲中文字幕精品久久| 国产成人福利美女观看视频| 成人免费无码大片a毛片户外| 狠狠五月激情六月丁香| 亚洲啪av永久无码精品放毛片| 中文字幕在线观看亚洲视频| 四虎影成人精品a片| 欧美成人一区二区三区片免费 | 欧美老熟妇喷水| 成人区人妻精品一区二区不卡网站| 国产午夜免费啪视频观看视频| 超碰伊人久久大香线蕉综合 | 国产一区二区内射最近更新| 午夜激成人免费视频在线观看| 国产日韩精品一区二区三区在线| 日韩av片无码一区二区三区不卡| 亚洲人成网站在线播放小说| 日韩亚洲欧美久久久www综合| 免费无码av污污污在线观看 | 日韩av无码中文一区二区三区| 亚洲精品无码久久毛片| 另类亚洲综合区图片区小说| 国产亚洲精品久久yy50| 亚洲国产精品日韩av专区| 青草久久久国产线免观| 无码国产精品一区二区免费vr | 亚洲国产日韩视频观看| 精精国产xxxx视频在线播放 | 久久国产亚洲高清观看| 熟女乱色一区二区三区| 久久久久久久久久久免费精品| 国产热a欧美热a在线视频| 欧美人与动牲交a免费| 文中字幕一区二区三区视频播放| 亚洲人成影院在线观看| 熟女一区| 精品性高朝久久久久久久|