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Home > News > ECHEMI Focus > The closure of the consulate general may cause trade or bear the brunt!

The closure of the consulate general may cause trade or bear the brunt!

ECHEMI 2020-07-23

On July 22, the Chinese Ministry of Foreign Affairs confirmed that the United States requested that the Chinese Consulate in Houston be closed by 4 pm on July 24. As soon as the news came out, the industry was worried about the impact on the trade between the two countries.

Foreign Ministry Spokesperson Wang Wenbin: On July 21, the US suddenly requested China to close the Consulate General in Houston. This was a political provocation unilaterally initiated by the US against China, a serious violation of international law and basic norms of international relations, and a serious violation of the Sino-US consular treaty. The regulations, deliberately sabotaging Sino-US relations, are very unreasonable. China strongly condemns it. China urges the US to immediately revoke the wrong decision. Otherwise, China will definitely make a proper and necessary response.

On July 23, according to the World Wide Web, US President Trump declared that it is “possible” to close more Chinese diplomatic missions in the United States.

The above measures taken by the US show that under the extreme practices of the Trump administration, Sino-US relations have further deteriorated to a new stage. The biggest bargaining chip in Sino-US relations is the Sino-US trade agreement. If the incident continues to ferment, this incident may become the fuse for the suspension of the trade agreement (almost every time the conflicting parties will use trade sanctions or suppression). What we need to prepare now is for the Trump administration to make more dangerous political advances in order to obtain higher votes. Trade sanctions and cessation of imports of American agricultural products will be our most powerful options.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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