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              ਷ٙણ݄dШՉ೻ܓਗ਼޴࿁һ๝ ձ d ࡡ                             ϞࠢdΪϤʕ਷ͦۃ̥મ՟ə൥ᅄ׌Ϋ
              Ϊνɨjୋɓdᆄຑ࿁ၠЍᔷۨਂ̈ə                                Ꮠdவ݊Υଣٙf್Ͼdɓ͇ᆄຑ̋ɝࠢ
              ਺֛ٙוፕd͟׵ʕ਷ίၠЍ߅Ҧჯਹ                                Փdʕ਷ٙˀՓણ݄Ϟ̙ঐึʺॴfʕ

              ʕϞ˴ኬЪ͜d΂О০࿁ʕ਷ٙ൱׸ࠢ                                ਷̙ঐึ፯՟࿁ІԒᅂᚤ༰ʃٙආɹପ
              Փdே̙ঐฦ࢔ᆄຑٙ၁ʕձͦᅺfୋ                                ۜdאΌଢ৷ܓԱ፠ʕ਷ٙ̈ɹପۜમ՟
              ɚdၾߕ਷൳Ը൳Ա፠ᕐᗙણ݄݄̋ࠢ                                ણ݄fߕ਷܁̺̋ᅄᗫ೼ܝdʕ਷೯ৎˀ
              Փd˸ʿೌൖ˰൱ଡ଼ᔌٙБމʔΝdᆄ                                හቖሜݟٙ˜ၳ͠⺂΍ၳي™dఱ݊ɓ၇

              ຑ̙ঐԱ್ึஷཀ˰൱ଡ଼ᔌ೯ৎ൱׸ن                                ᄿعᏐ͜׵ཥɿପۜձӛԓႡிʕٙҿ
              ၌༆Ӕ೻ҏdஷཀးᔖሜݟԸ݄̋ࠢ                                 ࣘfʕ਷ɰਗ਼੗ʲᗫءୋɧ਷ٙˀᏐķķ

              Փfୋɧdᆄݲၾʕ਷ٙ຾᏶ᑌᖩһ̋                                ܼ̍ᆄݲձ؇ຑ਷࢕ķķ˸൙Пܝᚃٙᅂ
              ልᕏdʕ਷ɰ݊ܘεᆄݲ͛ପਠٙ௰ɽ̹                               ᚤfϤ̮dʕ਷ਗ਼ᘱᚃҳ༟˜ɓ੭ɓ༩™
              ఙdΪϤd΂ОࠢՓણ݄ே̀඲Ͻᅇʕ਷                               ࡇᙄٙ޴ᗫਖ਼ࣩfͦۃГ˙̹ఙٙʔᆽ֛
              ̙ঐٙˀՓ˓ݬf                                         ᐑྤdԴ੻ʕ਷̀඲ਂλΣՉ˼̹ఙᔷ୅

                                                               ٙ๟௪d˸ڭᗇऎ̮̹ఙٙᖢ֛dவ࿁׵
              關注中國潛在反制                                         ʕ਷Ⴁிุٙܵᚃϓڗڢ੬ࠠࠅf
                                                                    ຅್dอጳ̹ఙٙˀᏐɰ࠽੻ᗫ

                  Ϟᛠ׵ʕ਷ίΌଢცӋձԶᏐʕٙЪ                             ءfอጳ̹ఙʔස݊ʕ਷ཥਗӛԓձ˄ජ
              ͜dʕ਷ᆑίٙˀՓɰ࠽੻ᗫءfߕ਷̋                               ঐཥϫٙᆑί̹ఙdɰ݊ྼତᓒɽΌଢ̈
              ᅄᗫ೼࿁ʕ਷ཥਗӛԓ͛ପਠٜٙટᅂᚤ                               ɹٙऎ̮͛ପਿήfίவ˙ࠦdߕ਷࿁ʕ





              the EU will likely follow the US but with hesitation   China’s potential retaliation can be a concern

              and moderate measures for a few reasons. First, the   given its role in the global demand and supply. Due
              EU has a strong commitment to green transition. As   to the limited direct impact of the US tariffs on Chinese
              China plays a leading role in green tech, any trade   EV producers, China’s response is also understandably
              restrictions can hurt the EU’s carbon neutrality goal.   to be contained. However, China will closely watch

              Second, Europe may still choose to file trade dispute   the response from other countries. It will likely take a
              cases through the World Trade Organization (WTO)   targeted approach in imports with small damage to itself
              and undergo evidence-based due diligence process.   or exports with large global reliance on China. After the

              This is different from the US, who has increasingly   US’ announcements, China launched an anti-dumping
              relied on bilateral measures and has disregarded   probe into polyoxymethylene copolymer imports, which
              the function of the WTO. Third, it is economically   is widely used in electronics and cars. China will closely

              complicate as China is also the largest market for   look at the third countries, including Europe and
              many European producers.                         other ASEAN, to assess the following repercussions.




           94   台灣銀行家    2024.7




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