US Treasury Secretary Warns: Breakdown of US-China Economic and Trade Relations Is Not Impossible

American Treasury Secretary made the latest statement! The American treasury secretary claimed that the breakdown of Sino-US economic and trade relations is not impossible! On April 15th, according to the report of Russia's Sputnik News Agency, US Treasury Secretary Bessent said that the tariffs on China are very high, this is no joke. I don't think anyone considers this sustainable, and hopes they continue to exist. But Bessent turned around to say that the US government does not believe that the trade relationship between Beijing and Washington will inevitably break down.

However, it cannot be ruled out that the situation might develop in such a way. This is not inevitable, but it is possible to happen. The US Treasury Secretary Bessent came out with such a statement, what kind of information does this convey? Bessent indicated on one hand that high tariffs between China and the US are unsustainable, while on the other hand hinted that the possibility of a breakdown in Sino-US trade relations exists, but in fact, the US refuses to stop its launched trade war. If we integrate these two pieces of information together, we can see it very clearly.

That is, even if the Sino-US economic and trade relations may completely break down, the US will not change its approach of using economic and trade relations as a threat and extortion against us. The US knows that high tariffs are no joke, but why are the tariffs so high? Isn't it the result of President Trump's highly emotional tax increases? The US knows it's wrong, but why doesn't it correct it?

Obviously, if the Sino-US economic and trade relations were to completely break down in the future, it would be due to the implementation of the US's erroneous policies. For us, the approach of the US using the breakdown of Sino-US economic and trade relations as a threat is something we absolutely cannot accept. Regarding the US's trade war, on one hand, we will see it through until the US fundamentally changes its attitude; on the other hand, we will expand our cooperation with non-US countries to further reduce the negative impact of the US's unstable policies on us.

Original source: https://www.toutiao.com/article/1829429901797579/

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