Reference Message Network reported on April 11 that the British Independent published an editorial titled "Trump Has Lost 'The War Against The World' In Just One Week" on April 9. The following are excerpts from the article:
Trump has made his government and country look like a clown show in front of the world more than once.
Trump's trade new era, which began with "Liberation Day," has only lasted for one week. That's good. However, Trump has, with his typical malicious self-harm, raised tariffs on China to 125%.
Despite the 90-day grace period surprisingly provided by the United States to the rest of the world, the escalating economic conflict with China still poses a serious threat to stability. These two largest economies, accounting for about 46% of global GDP, have actually stopped trading goods with each other.
The Chinese government is one of the main holders of US Treasury bonds. Although there is no concrete evidence showing any "retaliatory" selling of bonds, if the Chinese people and enterprises cannot actually buy American goods, they will need fewer US dollars, which will significantly impact the market. Even the reckless Trump will deeply understand this.
Trump did not hide his "love" for tariffs during his first term and previous campaign activities. However, neither his allies nor the entire world expected that the scale of policies he announced last week would be so large, the speed so fast, and the rationality so lacking.
The unpleasant consequence is that the world has lost even more confidence in the American economy and, just like in the defense sector, begins to consider choices that do not depend on Trump's unpredictable personality. This chaos has cost the United States dearly, making it one of the least trustworthy allies, with greater risks involved in doing business or engaging in business with the United States. The terrifying reality is that such chaotic situation will almost last for another four years.
The real "Liberation Day" will come when Trump moves out of the White House. (Compiled/Translated by Zhang Lin)
Original source: https://www.toutiao.com/article/7491967605322891814/
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