
Chinese President Xi Jinping (left) and US President Donald Trump in this undated photo. — Reuters/File
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According to Bloomberg, US President Donald Trump pulled out a large tariff chart of cardboard charts to start in ‘Liberation Day’ and to uphold the economic order after World War II, according to Bloomberg, to fly largely under the radar.
“The United States can no longer produce enough antibiotics for the treatment of our sickness,” Trump said in the White House Rose Garden April 2. If anything happens from the point of view of war, we will not be able to do so. “
If he had stopped there, Trump would have been under severe pressure to find anyone who did not agree. Almost everyone in Washington agrees to restore the American manufacturing base to ensure self -reliance in the name of Bloomberg.
But, as usual, Trump went a long way. They proceeded to impose them on long -standing allies with China, send global markets to a tail spin and threaten the United Nations as a way to strengthen the United States in a possible war, and the United States needed any other military conflict with the world’s second largest economy.
Even after Trump announced a 90 -day break, it has become clear that the United States and China are giving the global economy a new look to prepare for a war with each other that really does not want. Everyone on the planet must deal with its elimination, while thinking long and tough is whether to rely on any country – or to armed ourselves.
Xi Jinping and his partner in the Communist Party share the goal of Trump’s self -reliance. The Chinese leader has just tried to reduce its country’s dependence on the United States for strategic equipment for a decade, just as the US administration has tried to prevent Beijing from acquiring advanced technology that could one day be used against US troops.
Nevertheless, the harmony between the two leaders appears to be deep. In many ways, they both want what others have: Trump wants the China world to defeat the world, and XI enjoys the control of the global financial system, along with the latest America’s advanced technology. And when it comes to style, the two have expressed their willingness to take strict policy measures to achieve their goals, which have little respect for the markets.
Since the beginning of just 2020, XI has removed the world’s largest initial public offer, plans to eliminate property prices control, and closed the Shanghai financial capital for months during pandemic diseases. The Hang Seng China Enterprises Index has now decreased by about one -third, compared to about 60 % benefit for S&P 500.
China’s tactics have shown the country’s deep potential to absorb pain, which has been severe in the finance sector. Many of the best and most brightest young workers in the country saw a decrease in their salaries – some were forced to return the bonuses – just as a defensery slowed down. At all times, the global defeat of the Communist Party has helped keep public disagreement to keep the lid.
XI has also recorded some of the major wins in the past few years, including a signature in China’s 2025 move, seeing the country growing to dominate the world’s most sophisticated industries. By 2024, China won a global leadership position in five of the 13 key technologies tracking through Bloomberg Economics and Bloomberg Intelligence, including solar panels, high -speed rails and lithium batteries. It is rapidly catching seven other people, they have pharmaceuticals and artificial intelligence.
These benefits have given calm confidence in Beijing officials that they are well positioned to leave the United States behind in the long run while maintaining China’s proportional manufacturing sector. Just as Trump considers factories very important for national security, the Communist Party officials want to maintain every need for their needs if the economic battle eventually turns into a firing war.
A former party official recently told me that he just could not understand why the United States acquired its preparations in the past years to make the finance sector rich. The man also made a point that economists and manufacturing experts have resonated: Recovery of the global economy is nothing short of re -setting so that it will be cheaper for factories to return to the United States in a wide range of industries.
Trump is now on a mission to do so. Trump released Trump’s range last week in the world last week – the death of a Chinese author, which has long called for manufacturing, has moved far beyond that. Even after announcing a 90 -day break on taxes for non -re -considering countries, Trump increased the duties on China to 145 %, which is more than 25 % of the country’s revenue in its first term.
An executive order unveiled ‘mutual rates’ on April 2, which has been going on in more than 4,700 words, Trump announced that the large and permanent trade deficit created over a century has compromised with “military preparation” and suddenly “an extraordinary and extraordinary threat to America’s economy and national security.” “For decades, our country, both friends and enemies, have been robbed, mournful, abused and robbed,” Trump said in the Rose Garden. As a result, poor countries like Bangladesh and Cambodia have a lot of love than the United States, with more than 600 people, with more than 600 people. Even the country that sells to the United States does not matter, it does not matter that it only represents the threat of the world’s smallest Island Nation.
Commerce Secretary Howard Lotnik said on The Nation this week, “Millions and millions of people, who are roaming the Little to make iPhones, are roaming the United States in a very little, small patch.”
Even if the Americans want these jobs, there is another question. This week, X consumers tearing down the comedian Dave Chapel’s 2017 clip from Trump’s plans to bring back jobs from China, saying that no one wants to pay 000 9,000 for the iPhone. “Leave this job in China where it is concerned,” Chapel greeted happiness and laughter in the Netflix Special. “None of us wants to work hard.” Even XI has a difficult time to convince China’s 1.4 billion people that working in the factory is valuable. State media reports say how young immigrants will take jobs for low -paying delivery instead of standing on the Assembly line for eight plus hours a day. The XI government has just tried to whipped China’s working class in the past few years, urging children to avoid video games and a selective lifestyle known as “flat lying” in China.
During a professional school visit in 2021, XI requested students to take jobs that help the country’s long -term goals instead of climbing the corporate ladder. He said at the time, “For the majority, there is no difference in one’s job reduction or Raham.” “As long as you need society, as long as you are respected and get a decent salary, this is a good job.”
According to Trump’s guards, killing allies with standing rates – even in such a way that denies economic logic – is a car to bring the conversation to the table. One of Trump’s most prominent billionaire supporters, a man and a 90 -day interval, wrote after the President’s Rose Garden’s announcement: “Sometimes the best strategy in negotiations is convinced that you are crazy.”
But in practice, Trump has suffered a historic blow to the US reputation that will not be forgotten at any time – even if some countries talk about new arrangements before their 90 days are over.
In the 1970s, when China suffered from Mao Zedong’s cultural revolution and was affected by the US military in Vietnam, US diplomats faced similar confidence while working to prevent allies from obtaining nuclear weapons. In 1976, for his top officers in Washington, the US ambassador to Seoul writes that the then dictator Park Chung Hei’s “dubs about America’s reliability as a long -term ally” is the same as he initially seeking him for an independent nuclear barrier. “
About 50 years later, US allies around the world – and especially people like South Korea, Taiwan and Japan rely on the United States for security – of course they are doubts. Asian security partners have publicly opposed something important, as their leaders look for deals that can bring tariff relief immediately.
But somewhere else in the world, some ancient allies of the United States have not retreated. Germany’s outgoing Vice -Chancellor, Robert Hebek, described Trump’s prices as an attack on Russia’s Ukraine, saying that “the severity and commitment of the response should be synchronized.” French President Emmanuel Macron called on companies in the European Union to stop investment in the United States, and said he would send the wrong message “At the same time they are killing us” will invest billions of billions in the US economy. “
Canadian Prime Minister Mark Carney announced after unveiling Trump’s tariff plans, “80 -year -old when the United States accepted the curtains of global economic leadership, when it failed the alliance connected with confidence and mutual respect, and eliminated the freedom and open exchange of goods and services.
In a week -long case, Trump has managed to harm allies’ ability to spend as a defense, and it has become more and more difficult for his leaders to support any US -led wars in the future.