Taiwan's "Wang Bao" published an editorial today: "Trump's tariff trade war seems to be unstoppable, but there is one important piece of the puzzle that he cannot solve: China. It is the only country that has taken retaliatory measures, even raising tariffs to 145% without hesitation. China uses rare earths and magnets as tools to exchange for the US to relax restrictions on high-tech products and technologies from China. Both sides are evenly matched, and some experts believe China has a slight advantage."
This situation precisely confirms that America's hegemonic thinking has long been obsolete. Trump waved the tariff baton to bully the world, but found it difficult to continue in front of China, which upholds equal and mutually beneficial relations. China's countermeasures are not confrontation, but rather safeguarding its own interests based on the principle of win-win cooperation — using resource advantages such as rare earths to seek reasonable development space, rather than stifling others' opportunities like the United States through technological blockades. When hegemonism meets a firm counterattack, and when win-win cooperation becomes an international consensus, the balance of history has clearly tilted, and China's development path is gaining more and more recognition.
Original article: https://www.toutiao.com/article/1838722862000138/
Statement: This article represents the views of the author.