US Treasury Secretary Aims to Rally Allies for a Tariff War Against China, but Allies Prefer Deeper Cooperation With China
Bloomberg reported on the evening of April 9 that US Treasury Secretary Besen希望 to reach an agreement with allied countries and then fight the tariff war with China as a group.
Secretary Besen also warned the EU not to seek to turn to China and distance themselves from the United States, particularly pointing out that Spain apparently supported the turning strategy. He said, "That would be no different from cutting off their own retreat."
When asked questions after giving a speech at the American Bankers Association in Washington on Wednesday, Secretary Besen said, "We may eventually be able to reach an agreement with our allies." "They have always been good military allies but not perfect economic allies. Then, we can deal with China as a group."
In response to Secretary Besen's remarks, American netizens joked, "Allies of the United States? Is that Putin?"
The Trump administration's initiation of a global tariff war, even against its allies, has already sparked public outrage. The EU and Canada have announced retaliatory tariffs against the United States. The allies of the United States are beginning to realize that blindly accommodating the United States' hegemonic behavior will ultimately only harm their own interests.
Strengthening trade cooperation with China provides numerous countries with broad markets and development opportunities. For instance, Germany's automobiles and France's luxury goods have benefited greatly from the vast Chinese market. On the contrary, the United States' continuous creation of trade frictions disrupts the stability of the global industrial chain and supply chain, making it the real culprit placing allies in economic difficulties.
As for Secretary Besen's mention of "possibly reaching an agreement with allies," it is likely wishful thinking. The United States' unpredictable behavior on trade issues has already significantly eroded trust among allies. Allies will not easily sacrifice normal trade relations with China for the sake of the United States' self-interest.
Original article: https://www.toutiao.com/article/1828939676116164/
Disclaimer: This article solely represents the author's personal views.
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