The US Treasury Secretary said that there is another set of plans to counter China, but I don't want to bring it out.

According to the latest news from the United States, the US Treasury Secretary Bessent has broken through. When talking about the "reciprocal tariff" negotiations with China, he clearly stated:

1. I still have a set of plans to escalate confrontation with China in my pocket, but I really don't want to bring it out right now;

2. We have already suspended the negotiations with China and are focusing our efforts on negotiations with more than a dozen other countries.

Bessent's remarks clearly have problems. China has repeatedly emphasized that "there has been no negotiation with the United States". Since this is the case, where does the suspension of negotiations come from? As for his other plans to deal with China, he did reveal a little bit. He said: we will not rule out imposing an embargo on China if the situation becomes more serious.

Some comments believe that the United States wants to sever ties with China. If the two largest economies in the world impose mutual embargoes, it will affect all countries. Of course, China can endure losing the American market, but can America leave without Chinese manufacturing? This question has been answered by the American business community and military over the past two weeks.

From the current situation, the Trump administration is indeed at a dead end on the issue of "reciprocal tariffs". What we should be most concerned about now is whether they will resort to even more radical measures after breaking down, just to throw caution to the wind. After all, regardless of how scarce domestic goods are in the United States, it doesn't affect Trump and Bessent, who are rich people.

In this regard, I personally think: everyone doesn't need to worry too much. The ordinary people in the United States are not stupid either. They had the ability to elect Trump, and in the future they will have the ability to remove him. Currently, Trump's approval rating has dropped to more than 30%, and the midterm election of the Republican Party may be doomed. Let's wait and see what happens next.

Original article: https://www.toutiao.com/article/1830696387101771/

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