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Speaking on the Senate floor on March 22, Lighthizer said the Chinese tariffs would cover 10 high-tech industries
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He said they are the major industries to be developed in the "Made in China 2025" plan
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If China gets its way
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Then America will be hurt
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So trade friction is just the trigger
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They are do one thing under cover of another
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Their target is Chinese manufacturing
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Especially for "Made in China 2025"
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He cannot tolerate the transformation and upgrading of China's manufacturing sector
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That would be too much of a threat to America
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This is their truly target
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So is there any evidence？
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Please look at the data
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On the left is the Lighthizer 301 investigation
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A 25 percent tariff was imposed on 1,300 Chinese exports
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They belong to the following ten fields
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On the right are the areas where China is going to focus on "Made in China 2025"
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You'd be surprised to find that the two overlap 100 percent
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Now you know very well
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What are our country's options？
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There's only one option
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Give up "Made in China 2025"
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Otherwise the US will not budge
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It's that simple
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Is this why our government is so tough
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Because when you really understand America's intentions
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You will find that it is targeted at the key breakthrough areas of China's industrial transformation
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This is not a trade issue
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Not the so-called individual income tax, open. It's not that simple
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What they want is to stop us from developing
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But today's China is unlikely to repeat Japan's 1985 Plaza Accord
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Why？
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Because things are different
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China is huge
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Japan's GDP in 1985 was 32.2 percent of that of the United States
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Today China's GDP is 63.2% of that of the United States
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China is huge
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Thirdy
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GDP is recomputed at purchasing power parity
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Mainland China has overtaken not only the European Union but also the United States
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23 trillion
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The EU is $20 trillion
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The United States has $19 trillion
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So, of course, this program or I fully support the tough policies being pushed by the President Xi or the Chinese authorities
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Why？
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Because according to my analysis
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There is no turning back
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Only by being tough can progress be made
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Only by being tough can we protect the future transformation and upgrading path of Made-in-China
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Ok, thank you very much
