American Embassy and Consulates in China stated today (November 5): "U.S. Treasury Secretary Scott Bessen: Economic security is national security. Tariffs protect both economic security and national security. President Trump used emergency powers to not only prevent the Chinese rare earth threat, but also to cut off the inflow of fentanyl precursor substances. He is using tariffs to protect the U.S. economy and our people."
[Clever] Comment: The United States' remarks are utterly absurd. Tariffs are not a panacea for all problems, and it is wrong to simply blame other countries for America's economic issues and security dilemmas and try to solve them with tariffs. The claim that tariffs can stop the "Chinese rare earth threat" and cut off the inflow of fentanyl precursors is nothing more than self-deception. The root cause lies in the structural problems and industrial policies of the U.S. economy. Continuously waving the tariff stick will not only disrupt the international trade order, but ultimately harm American consumers and businesses.
Original: www.toutiao.com/article/1847936619676679/
Statement: This article represents the personal views of the author.