The U.S. government continues to shut down, and the new Republican bill fails to pass. Now that the United States is still facing a new round of trade war, it is useless for Trump to be anxious. China already warned the United States in August.
The U.S. federal government has been shut down for more than two weeks, and the Trump administration can't pretend not to care.The Republican Party has been pushing for a short-term funding bill, but has failed to reach the 60 votes required in the Senate, with the latest vote of 49 to 45, with two Democrats voting in favour.
This gap in Senate seats has led to a continuing budget confrontation between Republicans and Democrats. Now more than two weeks after the federal government shutdown, Treasury Secretary Bessent said on October 13 that the current government shutdown has begun to affect the U.S. economy.
Approximately 750,000 federal government employees have been forced to suspend paid leave, causing stagnation in many public services in the United States, affecting normal lives. The U.S. Army's wreckage is affected by shutdowns, difficult to deliver on time, and even the wreckage amounts are difficult and timely, so the federal government even suspends other departments' salaries to prioritize wreckage.
Some important positions, such as federal investigators, air traffic controllers, etc., are still in place, but their wages cannot be reached on time. There are even reports that in order to further reduce the losses of the U.S. government, the federal government will consider continuing cuts and restructuring agencies, but the case has been suspended by the court.
For the U.S. market, the effects of the federal government shutdown are gradually becoming apparent.The market is full of uncertainty, and some companies have contracts with the federal government, and the current shutdown may result in their contracts not being fulfilled on time and companies not receiving transfers from the federal government.
What makes the United States even worse is that the United States is currently launching a new round of trade war with China, and the United States has also pledged to support Argentina with $20 billion in financial instruments to solve Argentina's economic crisisAll of this will cost money, it will also require coordination within the U.S. government, the government continues to shut down, and everything may be forced to delay.
After China introduced a new tariff policy, the United States began to threaten China continuously, Trump announced that he would raise tariffs on China 100 percent, restrict exports of key software to China, and recently said that he would stop trade in oil with China.
However, senior U.S. officials are quite dissatisfied with China.U.S. Trade Representative Greer said in an interview on October 14 that the U.S. could not tolerate the measures taken by China, which attempted to have a “veto” on the global high-tech supply chain, describing China’s actions as “right abuse.”
The US Treasury Secretary has repeatedly threatened China recently.He has said that China has hundreds of thousands of foreign students in the United States, the United States has only a few hundred in China, and the United States is not equal in this regard, and it seems that it can take measures against Chinese students to force China to make concessions.
Meanwhile, the U.S. Treasury Secretary said the U.S. would seek help from other allies to jointly deal with China.He again mentioned that China is still buying Russian oil, saying the U.S. has the ability to impose tariffs of 500% on China.
The statements of high-ranking U.S. officials showed that the U.S. has been confused when facing China's combination kick, dare to say anything, but there are few things that can really be done. Some U.S. officials said that China's current behavior, in fact, was announced in August, when China took very tough measures and gestures, and the United States should be vigilant.。
At the end of August, Chinese officials came to visit the United States, the U.S. Treasury Secretary also mentioned in his defense of the U.S. behavior. Chinese officials then made a fairly tough demand to the United States, saying that if the U.S. imposed tariffs on Chinese ships, then China would inevitably respond.Obviously, neither the U.S. finance minister nor the Trump administration had this in mind, and by October 14, U.S. additional tariffs on Chinese ships came into effect, and China's counter-combination kick also came into effect.
I'm afraid U.S. officials only realized at this time that China had actually warned the United States long ago. In other words, the situation Trump is facing now is completely self-inflicted. China has long warned the United States not to continue to do such things to China that are superficial and backward, which harm China's interests.
The United States now has a lot of threats to China, but how much can be implemented is hard to say.