The end of talks between China and the United States in South Korea may mean the end of an old era. What era is it? Is its end good or bad?
On the 30th, the leaders of China and the United States met in Busan, South Korea. After the talks, Trump shook hands with China and said goodbye, showing that he was very satisfied with the talks, and China and the United States should have reached a certain consensus. It is not only a good thing for China and the United States, but also a good thing for the international community that China and the United States can reach a consensus.
Some friends may doubt that while Trump’s tariff dumping has been pushed back by China, his tariff dumping against other countries has not stopped, why is this a better thing for the international community? We need to look at this from a different perspective. A global tariff storm has opened the door since Trump announced tariffs on a large number of countries and regions around the world in early April.
Since then, China has become a key fortress for the international community to resist extreme trade protectionism of the United States and defend the global economic and trade system。 Many countries and regions, even if they don't say it, should expect China to successfully defeat the conspiracy of the United States. Of course, we do not rule out that some countries or regions with ulterior motives are looking forward to China attracting American firepower so that they can catch their breath, such as Europe and Japan.
while As China and the United States negotiate again and again, it marks that in the face of China's tough stance, the tariff measures of the United States have begun to failIt turns out that the United States is not so invincible and invincible. In such a case, more and more countries begin to have a backdrop to cope with American blackmail. such as Japan, South Korea and Southeast Asian countries, have tried and the United States, refusing to make excessive concessions to the United States in the core interests. Instead, some countries or regions that have always been advanced and strong self-reliance, kneeling faster than anyone, such as the European Union.
In such a situation, an era has ended, before, French media published an article "A new trade order without the United States is beginning to emerge blurred outlines"The article criticized the Trump administration's destruction of the globalization system, the authors pointed out that because of what Trump did, countries want to do business with "Uncle Sam" must first pay off the bag. It must be said that such countries must first be blackmailed and then discuss cooperation with the United States phenomenon, there is a sense of countries dealing with black society, after all, black society's favorite is to collect "protection fees", and this also accelerates the end of an era.
In the face of what the United States has done, countries undoubtedly dare not speak out, but China's success proves that there is another way for countries to choose except to succumb to the hegemony of the United States. This July, At the annual dinner of the Singapore Economic Society, Li Xiaobo said that the tariff policy of the United States is likely to become political inertia, this situation will lead to the global economic and trade system into a special phase of "the world's temporary reduction", but the objectivity of economic laws will ultimately play a role, and countries will still need to respond to the change through deepening cooperation.。
"The whole world is temporarily reduced by one" in Lee Hsien Loong's mouth means that under the background that Trump insists on going his own way and destroying the global economic system, countries should respect economic laws. If Trump wants to reverse the train, then It is better for the international community to pretend that there is no United States and continue to maintain the economic and trade system under the tide of globalizationBecause the U.S. approach is objectively contrary to the economic laws, they will pay a price sooner or later, and that is why, as long as countries are willing to unite, the U.S. will not be able to withstand in the future, and in turn ask countries to cooperate with themselves, Trump's tariffs, in fact, will not be able to beat.
Lee Hsien Loong's prediction is in fact basically consistent with the theme of this article,"The emerging vague outlines of a new trade order without the United States." Therefore, under Trump's insistence, China successfully repelled the United States, marking the end of the global trading system dominated by the United States in the past. Under the global market earthquake, countries may be expected to usher in a fairer system, and the United States will eventually pay the price for its insistence.