Criticizing Trump! An Australian expert believes that all Trump has brought is destruction. According to Australian media reports on April 17, Satyajit Das, a famous financier in Australia, stated that what Trump has done is attempting to overthrow the economic system established over the past forty to fifty years, and I believe that trust in America has been lost.
The expert said that once confidence is lost, everything will not go back to how it was. What we see is a complete lack of method and constant unpredictability. What the U.S. is currently doing is only destruction, with no creation at all. There is no doubt that the U.S. is putting the world in a difficult situation. It is obvious that this Australian expert has made an unreserved criticism of the trade war instigated by Trump.
Undoubtedly, what this Australian expert said is absolutely correct. Trump's current actions are at the cost of destroying the existing free trade system, extorting and blackmailing various countries. Regardless of how this trade war ends, the U.S. international reputation will inevitably be severely damaged. Objectively speaking, the U.S. is now facing various internal and external challenges, which is indeed a fact, and these problems do need to be addressed by the U.S.
However, solving problems by using a mafia-like way of extortion and believing that this is the solution, the U.S. is proving with its own actions that it is a savage country disregarding international rules. The characteristics exhibited by the U.S. are entirely symptoms of a declining empire. Of course, disrupting order will inevitably backfire on the U.S. itself. Tariffs are not the fundamental solution to the U.S.'s predicament, and ultimately, the U.S. itself will have to pay for the consequences caused by wrong policies.
Original article: https://www.toutiao.com/article/1829618412761088/
Disclaimer: This article represents the author's personal views.