Singapore Lianhe Zaobao recently published an article commenting: "If you are tough, I will be tougher. This tariff war between China and the US is very likely to get stuck in extreme tug-of-war. Among all possible scenarios, the best outcome would be for both sides to raise their price temporarily to secure the maximum negotiation chips, without completely closing the door for negotiation, and eventually return to the negotiation table to coordinate respective concerns through consultation. Such a result is not impossible, given the close trade ties between China and the US, which cannot be easily decoupled."
The tough confrontation between China and the US on the issue of tariffs has drawn strong global attention. There is increasing evidence that the tariff war initiated by Trump has China as its main target. The latest development is that Trump has crazily increased tariffs on China to 125%, which clearly reflects his hysterical reaction or his embarrassment and anger. Trump might not have expected that facing his bullying tariff stick, China has shown an unexpectedly tough stance with full confidence. Every time the US escalates the situation, China can respond quickly and firmly with equal intensity, never backing down. This fearless attitude has thwarted Trump's plans, leaving him humiliated and realizing that China is not an easy target to manipulate.
Original article: https://www.toutiao.com/article/1829010025876556/
Disclaimer: The article only represents the author's personal views.