On August 2, 2019, the U.S. Treasury Secretary announced that he would increase tariffs to 25 %. On August 8, the U.S. government officially imposed a tax on the first $56 billion of Chinese imports. While the United States is engaged in trade war with China, it also imposes sanctions on Turkey and Russia, and it also has constant frictions with Europe.
In the face of the increasingly fierce international situation, the reduction of dependence on the European and American markets and the development of the Belt and Road Blue Sea market with the support of national policies will surely be a new direction for Chinese companies to seek breakthroughs and transformation.
In order to help foreign trade enterprises explain their doubts about the current situation, Meorient company held a corresponding exchange lecture on 28th August and JUNON switch also sent the staff to attend this meeting. The director of the statistical work committee of the China convention and convention economic research association analyzes the trade situation of China and America and the effective foreign trade response strategies in reality.
The meeting will provide answers to the following questions:
1. Since the start of the trade dispute between China and the United States in 2018, there has not been much progress in more than a dozen rounds of economic and trade consultations.
2. Want to transfer the market, a variety of hearsay, but do not know how to choose?
3. Want to expand new markets faster, less cost, wider, more efficient, can you achieve it?
4. Know the "Belt and Road" market, but the information is so opaque, the most afraid of the customers there, no credit, how to identify effective customers?
During this meeting, the companies who attended are more clear of what we need to do in the next plan. JUNON Switch also knew what we should prepare and protect ourselves, also we knew that we should not focus on the USA market, we should open more new market according to the belt and road. We believe that our switch and socket market is big enough even no US market.