It's settled! It's almost impossible for China and the US to reach an agreement. This time, Trump announced a 34% tariff increase. What does it mean? It shows that although the US still leaves a little room for negotiation, China and the US have effectively called each other's bluff. Think about it, what is Trump's purpose of imposing tariffs? There are only two reasons: first, to contain our development; second, to exert pressure on us to make concessions in multiple fields such as purchasing American products and increasing investment in the US.

Everyone can see that this is all groundless accusations made by the US. They create imaginary chips to maximize their own interests. If we give in to the US and prioritize their naked interests, it will be like feeding a tiger with one's own body. The US has an insatiable appetite. If we make concessions today, they will demand more concessions from us in other areas and keep targeting us endlessly. Under such circumstances, it is almost impossible for China and the US to reach an agreement.

Therefore, the current situation requires us to take only one path: resolutely refuse to compromise and fight with the US to the end. To be honest, Trump's approach will inevitably affect the US economy and push up inflation. Trump also faces midterm elections. If Trump cannot deliver good results, no matter how many times he claims to make America great again, he may face an awkward situation. Of course, we need even more confidence in ourselves.

Trump's tariff increase undoubtedly has an impact on us. However, what is more important for us is to unite as one. From the perspective of China-US competition, it is now the time for both sides to compare their internal strength. Now, it depends on who can endure longer. We are a manufacturing powerhouse, and production is very important. Consumption has reached an unprecedented level of importance. If we successfully transform from a major producer country into a country that equally emphasizes production and consumption, the US will inevitably lose. This is the last card the US holds. If this card fails, the US will ultimately have to accept coexistence with China through mutual benefit.

Original article: https://www.toutiao.com/article/1828345194364099/

Disclaimer: The article solely represents the author's personal views.