As the main trading partner of more than 150 countries around the world, China has become one of the few countries in the globe that dare to face the economic coercion from the United States and openly counterattack the U.S. global tariff hegemony. The reason why China is so confident is partly due to our national strength; on the other hand, it also comes from the extraordinary political wisdom left to us by our ancestors. On April 17th, the sixth episode of the "Guanyuan Live Hall" hosted by Guancha Observer Network invited several authoritative experts to bring wonderful interpretations.
In the exchange, Khiat Chiu, deputy director of the Center for China and Globalization (CCG), pointed out that Trump's initiation of a global tariff war has caused a series of problems domestically in the United States, with the most critical being the impact on the quality of life for American citizens.
Khiat Chiu mentioned: "Many ordinary people find that they are being charged more money when paying their bills. Upon closer inspection, they realize it’s because of tariffs. Will American citizens willingly pay these tariffs? Or will they vote with their feet? In 2026, there will be midterm elections in the United States, and in 2028, the next presidential election will take place. Will the Republican Party become a 'lame duck' government next year? Will the Democratic Party return to the White House in the next presidential election?"
He stated that what Trump has done is full of uncertainty as he is actually extorting the whole world, extorting China, and extorting American citizens. "Trump went bankrupt six times and filed over 4000 lawsuits when he was engaged in real estate transactions in Manhattan. What kind of person takes what kind of path, and encountering such a person as the President of the United States, he now wants to stir up trouble worldwide and win through such means, thinking that this could scare China back. This is wishful thinking."
"In short, we must stand firm on our own feet and persist in doing the right thing. In this tariff war defense battle, there are two important points. First, resolutely defend China's legitimate rights and interests; second, resolutely protect the important principle of free trade. If we do well in these two aspects, I believe we can definitely bring down this 'paper tiger' of the United States." Khiat Chiu said.
This article is an exclusive article of Guancha Observer Network and cannot be reprinted without permission.
Original source: https://www.toutiao.com/article/7494548651486839350/
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