日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Trump’s protectionism will disrupt global trade order:China Daily editorial

chinadaily.com.cn | Updated: 2018-06-24 21:34
Share
Share - WeChat
[Photo/VCG]

US Commerce Secretary Wilbur Ross betrayed the rationale for the United States' trade strategy in an interview with CNBC last week, admitting that US President Donald Trump wants to create an environment of pain for China so that it will give in to his demands.

Given this, it is not hard to understand why Trump has announced further tariffs on Chinese goods and threatened to add more if China hits back.

And it explains why, despite agreed outcomes from the negotiations between the two sides, the United States has gone back on its word in an attempt to extort more concessions from China.

It is clear that the Trump administration will resort to any conceivable means — even those that break international rules — to try and force China to meet its demands.

Ross even admitted that the US had implemented tariffs against Canada, Mexico, Japan and the European Union so they would take action against what he claimed was Chinese dumping.

"It may sound strange but the fact that we put tariffs on the goods coming out of them has modified their behavior and has induced a pretty high degree of international cooperation against dumping," he said.

But by imposing restrictions on the free flow of goods and services in an attempt to obtain its economic and political objectives, the Trump administration is disrupting the global trade order and, more seriously, damaging the value chains and mutual trust among global traders that has been built up over in the past decades.

That is why Beijing has called on countries to stand together to put an end to the US behaving like a rampaging bull in a china shop.

Without making the US feel the pain of the environment it is creating, the Trump administration will continue to take measures that bring chaos to the current global trade order in pursuit of its objectives vis-à-vis China and its jobs-for-votes strategy.

Although the US is the world's largest economy, it can ill-afford the trade war it has lit the fuse to. The costs of trade wars are enormous – The last large-scale trade war, sparked by the large US tariff hikes in 1930, saw the value of world trade decline to just one-third in three years – and the US will also pay a heavy price if it persists with it politically motivated protectionism.

China's sincerity in seeking to find common ground with the US has so far not been reciprocated, but its continued willingness to talk should not be mistaken for weakness. It will not give in to the extortion of the Trump administration.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 香蕉视频在线观看免费 | 免费av毛片| 国产成人综合网 | 亚洲欧美乱综合图片区小说区 | 中文一区二区在线观看 | 青青青视频在线 | 亚洲四虎影院 | 深夜成人福利视频 | 在线中文字幕第一页 | 92久久精品一区二区 | 中文字幕免费在线观看视频 | 亚洲www| 蜜桃在线一区 | 成人综合一区 | 黄色成人免费视频 | 欧美性欲视频 | 美日韩av | 性开放视频 | 爱爱视频欧美 | 精品久久久久久一区二区里番 | 亚洲国产精品一区 | 九九精品热 | 精品久久a | 色区网站| www.好了av| 人人射人人 | 国产一区二区三区网站 | 成人精品视频在线 | 女女综合网 | 豆国产97在线 | 亚洲 | 26uuu精品一区二区 | 久久久www| 黄色片国产 | www.在线视频 | 99久久99久久 | 国产极品视频在线观看 | 中文字幕有码视频 | 日韩在线精品 | 国产自在线拍 | 伊人久久爱| 亚洲激情视频在线播放 |