After substantive results were achieved between China and the US, the US side announced: America won! On May 13th, US Trade Representative Jamison Greer stated that after a successful negotiation over the weekend in Geneva, President Trump reached an agreement with China to maintain reciprocal tariffs on Chinese goods, reduce China's retaliatory tariffs, eliminate countermeasures causing damage, and establish a path for future discussions on opportunities for American exports.
Greer claimed that this agreement was a victory for the American people, protecting the US economy while charting a course for fair, balanced, and reciprocal trade with China. One must admit that the US is truly skilled in propaganda. The US means that they have won big time. But how did the US win? According to this tone, firstly, the taxes that the US intended to impose were indeed levied. Secondly, the taxes that the US wanted China to cut were indeed reduced. Thirdly, actions harming US interests were eliminated on the basis of the first two points.
However, has the US really won? Let's take a look at Deutsche Welle's evaluation of this trade war. Deutsche Welle stated that Trump's instability and unpredictability are seriously undermining investor confidence both domestically and internationally in the US. As the world's only economic and military superpower, the US is significantly weakening its global influence under the leadership of a president with strong administrative power. The era when China submitted to economic coercion has long passed, let alone the fact that Beijing holds many strong cards.
Clearly, the meaning of the German media is very clear. Not only does the German media not believe that Trump achieved a victory, but it also believes that Trump's policies are actually severely damaging the US. However, from our perspective, whether the US claims it has won is its own business. We are more concerned about defending our own interests and forcing the US to change its bullying and coercive practices through our countermeasures. Undoubtedly, the US plot has failed.
Original article: https://www.toutiao.com/article/1831992072004938/
Disclaimer: This article solely represents the views of the author.