Impact Of Sino-U.S. Trade War On Export Of China’s Auto Products To The U.S. And Countermeasures

At present,with the economic development of all countries in the world and the deepening of economic globalization,the economic and trade exchanges between countries are becoming more and more frequent.However,due to the different cultures and ideas between countries,there will inevitably be some friction in the process of economic and trade cooperation.Since the United States launched the "301investigation" against China in 2017,it has successively promulgated relevant policies to restrict China.China has also launched the same Countermeasures after trying to avoid the fruitless trade war between China and the United States.The Sino US trade war has been escalating in 2018.Over the years,China’s automobile industry has seized every opportunity to achieve from scratch,and has been growing continuously.The automobile industry has become one of the most important industries in China.In the Sino US trade war in 2018,most of the automobile products exported to the United States are included in the US tax increase list,which is bound to have an important impact on the sustainable development of China’s automobile industry.In this context,this paper analyzes the impact of Sino US trade friction on Sino US automobile trade,which is of great significance for the development of China’s automobile industry and promoting China from a big automobile country to a powerful automobile country.First of all,based on a large number of literature,this paper deeply analyzes the domestic and foreign scholars’ research on foreign trade of automobile industry under Sino US trade friction,and makes comments on the above literature.At the same time,the relevant theories of trade friction and tariff are reviewed to explore the causes of trade friction between China and the United States from a theoretical point of view,and then the process of Sino US trade war in 2018 and relevant tariff rules are sorted out.It is found that Sino US trade friction has a certain impact on most industries in China,including the automobile industry.This paper analyzes the current situation of China’s automobile products export,including the overall foreign trade situation of China’s automobile products,the current situation of China’s automobile products export to the United States,and the change trend of China’s automobile products export price to the United States.Finally,by calculating three indicators of trade competitiveness index(TC),international market share(MS)and revealed comparative advantage index(RCA),it has the following results This paper analyzes the export competitiveness of China’s automobile products.In the empirical part,this paper mainly uses the least square method,panel random utility,fixed utility and two-way fixed utility to build the corresponding empirical model to calculate the overall elasticity of China’s automobile products export to the United States.Then,through the combination of formula calculation and regression,we calculate the export elasticity of different types of automobile products.Then,as mentioned above,four models are used to analyze the impact of the Sino US trade war on the export elasticity of China’s automobile products,and to more accurately analyze the impact of US tariff on the elasticity of China’s automobile industry.After that,considering that the impact of tariff increase on the export of automobile products has time lag,this paper also lags the export elasticity of China’s automobile industry for one period and makes the corresponding regression analysis.Finally,the paper summarizes the full text and finds that the overall export elasticity of China’s automobile industry is large,as high as 2.427,which is vulnerable to tariff.Further analysis shows that the impact of tariffs on China’s automobile industry exports has a time lag.The Sino US trade war in 2018 has less impact on China’s automobile products trade with the United States,and the impact in 2019 is greater than that in 2018.According to the conclusion of the article,this paper puts forward several constructive suggestions from the government level and enterprise level.