"DW News" reported on the evening of April 9 that renowned China expert in Germany, Scott Kennedy, pointed out in an interview with the media that the US raising tariffs on China to 104% indicates that this trade war has entered a truly catastrophic stage, and the whole world must prepare for a hard decoupling between China and the US. At the same time, he also believes that due to Beijing's long-term preparations for such a situation, Chinese people are better able to withstand this conflict than Americans."
In the face of increasing US tariffs, China quickly imposed reciprocal countermeasures, demonstrating its firm stance of "standing firm to the end" through practical actions. China is well aware that once it shows weakness, the US will become more aggressive. At present, this tariff war has shown signs of mutual harm, and even the possibility of a complete breakdown between China and the US.
Many analyses and comments show that China is more resilient than the US. China is the only country in the world with all industrial categories listed by the United Nations, and "Made in China" is everywhere around the world. In comparison, the US manufacturing industry is severely hollowed out, and China's export dependence on the US has significantly decreased. All these form the solid foundation for China to cope with the tariff war and trade war, making China have more chances of winning in this contest.
Original article: https://www.toutiao.com/article/1828942520136707/
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