Under the background of economic and trade globalization, economic exchanges and close interactions among countries are frequent, and trade frictions are also increasing. Speaking of Sino-US trade disputes, since China’s accession to the WTO, Sino-US trade has been in constant friction and tensions. What has attracted much attention is that the Trump administration did not hesitate to dissuade it from launching a new round of trade war against China in early 2018. It is also the largest international trade war that China has faced since the reform and opening up, and the attention has continued to become the focus of global public opinion.
Many companies are concerned about the impact of this Sino-US trade war on their own industries. For example, China has a certain dependence on the United States for technology imports. Some domestic high-tech industries need to import American technology. If the United States stops exporting such core technologies , The supply chain of related industries will be affected to a certain extent; some companies have close ties with the U.S. economy and regard the U.S. market as the largest market, and the imposition of tariffs will undoubtedly affect the profit of products, so suppliers mainly based on the U.S. market may Will be affected.
As us in the electronic components industry, Dingduan Electronics is also really concerned about whether this trade war will affect us. The United States has imposed large-scale tariffs on imports from China this time, including aviation products, new energy vehicles, etc., while China’s exports to the United States are mainly mechanical equipment and instruments, home appliances, electronics and other products. Therefore, the popularity of the connector industry is analyzed. There will be a period of decline, which coincides with the fact that China is vigorously building 5G networks. China is the largest connector market. With the arrival of the 5G era, a new giant cake is waiting for Chinese and foreign telecom equipment vendors. This is also for connectors. The industry has ushered in the spring, coupled with the wide range of applications of connectors, I believe that the connector industry has a bright future, and it is worth our continued optimism. The current trade war has less impact on the connector industry.
It is unknown how the Sino-US international trade war will go, but it has to be said that this trade war has promoted our country’s pursuit of technological progress, with core technologies being self-reliant and independent.