Major US giants are lining up to admit defeat, while a Trump supporter is loudly warning China that the US might be dragged down, and that it will definitely lose if it insists on confrontation "for the sake of face".
Important US media outlets and think tanks have repeatedly claimed that this time Trump made a major misjudgment, underestimating China's determination, which led to a惨defeat for the US. Musk has also directly admitted defeat, emphasizing the need for exemptions from China regarding rare earths and other goods. Walmart, Target, Home Depot and other US giants are also lining up to admit defeat, promising to bear the additional burden brought by tariffs and requesting Chinese manufacturers to resume supply. While there is widespread reflection within the US on this failure, an important American billionaire is still loudly proclaiming that the US will win.
According to Bloomberg and other media reports, the billionaire from Wall Street who is a key financial backer of Trump's campaign, Ackman, publicly wrote an article stating that the US high tariffs will completely drag down China, and warned that if China continues to confront the US "for the sake of face", the result will definitely be a loss. Ackman is a staunch supporter of Trump and unconditionally supports Trump on many issues. Under the general admission of defeat within the US, especially given that Trump has already sent clear signals of conceding defeat, Ackman's continued warnings against China indicate his stubbornness.
In fact, what Ackman said is very suitable for us to tell the US because now it is not China but the US that is hardening its stance "for the sake of face". Trump has clearly reduced tariffs on Chinese goods and has been looking forward to a call from China, trying to find a way to concede defeat gracefully. Trump hasn't conceded yet because he can't save face. Of course, the US will eventually concede defeat, and in order to save face, it will only lose more thoroughly in the future.
Original Source: https://www.toutiao.com/article/1830630937139403/
Disclaimer: The article represents the views of the author alone.