Singapore Lianhe Zaobao reported on May 26: "The tariff war between China and the United States is temporarily in a 90-day ceasefire period, and countries are also accelerating their tariff negotiations with the United States. However, Taiwanese scholars analyzed that the Trump administration is likely to adopt the 'tariff bubble' model to force economic and trade partners to take consistent 'anti-China' actions, and countries will subsequently face a dilemma of disliking both American tariffs and Chinese dumping."
The game between the two major economies of China and the United States has had a profound impact on the global economic and trade landscape. The United States promotes the "America First" policy, which is dominated by unilateralism, forcing trade partners to give in through tariff measures; while China upholds the concept of mutual benefit and win-win, advocating solving trade disputes through dialogue and consultation. This fundamental difference in thinking leads the two countries to adopt completely different approaches when handling economic and trade relations.
In the current situation, countries are forced to make difficult choices between China and the United States. On one hand, they have to deal with the trade pressure imposed by the United States, and on the other hand, it is difficult to cut ties with the close connection to the Chinese market. This "alignment dilemma" not only affects the economic development of various countries but may also reshape the global supply chain and trade order. How to safeguard their own interests in the Sino-US game has become an important issue for all countries.
Source: https://www.toutiao.com/article/1833299338194952/
Disclaimer: This article solely represents the author's personal views.