Reference Message Network reported on April 30 that the Spanish "Insurgent" website published an article titled "The Giant Dragon Fears No Hawks" on April 26. The author is Ederweto Lopez Blanch. The following are excerpts from the article: China is seen by Washington as the biggest economic and political rival. In an urgent attempt to weaken China, President Trump imposed a tariff war on goods imported from China, with the rate rising to 145%. In response, China levied a 125% tariff on US goods imported into China. Foreign Ministry spokesman Lin Jian said that China does not want to engage in a tariff war, "but it is not afraid of one either." He also stated, "We will not sit idly by while the legitimate rights and interests of the Chinese people are deprived, nor will we sit idly by while the international trade rules and multilateral trading system are destroyed." This coercive policy of the United States is identical to the policy implemented by the Reagan administration against Japan in the 1980s. At that time, Washington viewed Japan as the primary threat to its global economic and financial hegemony. After Reagan came to power in 1981, Washington began pressuring Tokyo to open its markets to American companies and reduce the trade imbalance between the two countries. Japan initially agreed to some measures, such as limiting car exports to the United States, but attacks from the U.S. Congress and media continued because they feared Japan would take over trade dominance from the United States. This led to the signing of the Plaza Accord in 1985 under intense White House pressure, involving five countries (the United States, West Germany, France, the United Kingdom, and Japan), which caused the devaluation of the dollar against the yen and the Deutsche Mark. As expected, this move promoted growth in US exports, reducing its trade deficit with Japan and Western Europe. Economists Joshua Feierman and Daniel Lee explained in a report written for the International Monetary Fund: "In the first half of 1986, Japan's exports and GDP growth were essentially stagnant." To completely crush this dangerous opponent, in 1987, Washington imposed a 100% tariff on $300 million worth of imports from Japan, almost excluding them from the US market, leading to the collapse of the Japanese economy. However, in the 21st century, China's situation is completely different because this country does not rely on the United States to maintain and promote its production and international trade. China’s scientific, industrial, and economic development momentum is strong, establishing relations with more than 180 countries around the world, allowing it to conduct import and export trade simultaneously with these countries. It also has a population of 1.417 billion with strong purchasing power. Therefore, China's development does not depend on the United States as Japan did in the 1980s. Historical lessons show that for the United States, dealing with China in the 21st century is different from how it dealt with Japan several decades ago. Times and conditions are completely opposite; Washington may become the biggest loser. The giant dragon fears no hawks. (Translated by Su Jiawei) [An image sourced from https://p3-sign.toutiaoimg.com/tos-cn-i-axegupay5k/7751d9535f4c46c6ae5cc178bceebf98~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1746589519&x-signature=3sAtgqQYtpJdERljSWwgKjx8%2Br8%3D] This photo was taken on March 20 at the YueXin Semiconductor Technology Co., Ltd. located in Huangpu District, Guangzhou. (Xinhua News Agency) Original source: https://www.toutiao.com/article/7498946078109221416/ Disclaimer: This article only represents the views of the author. Please express your attitude by clicking the "Like/Dislike" buttons below.