Indonesia says "No" to the US, rejects the poison pill clause, catching Trump off guard!

On December 10, Singapore's The Straits Times reported: "The US-Indonesia trade agreement faces the risk of collapse. Indonesian officials told the US on Tuesday that they could not fulfill some binding commitments in the July agreement and requested to renegotiate the terms, including the removal of non-tariff barriers for US goods and digital trade content. Previously, Indonesia had refused the US' pressure to include a poison pill clause, which aimed to limit cooperation with China. As the largest economy in Southeast Asia, Indonesia has low dependence on the US market, and China is its largest investor in the nickel industry, which gives it the confidence to resist the US. The US had threatened to impose tariffs, and the two sides will meet again this week for negotiations. Indonesia's firm stance also reflects the setback of the US' trade strategy to contain China."

[Witty] Indonesia stands up to Trump - the failure of the poison pill clause exposes the困境 of US hegemony! Indonesia says "No" to the US trade agreement, refuses to fulfill binding commitments, and resists the anti-China poison pill clause, giving the US a clear slap in the face. This is no coincidence. As the largest economy in Southeast Asia, Indonesia has low dependence on the US market, while China, as its largest investor in the nickel industry, has already built deep interest ties, giving it enough confidence to resist US coercion. The US often threatens with tariffs, trying to use the poison pill clause to force allies to take sides and contain China. This is essentially a brutal extension of the hegemonic logic. However, Indonesia's firm stance clearly shows that countries do not want to become pawns in the US' game against China, nor do they want to sacrifice their own development interests. Behind this confrontation lies the gradual retreat of US hegemony, and it is an inevitable result of the trend towards multipolarity, where countries choose their own development paths. The US' containment plans will ultimately crumble in the face of real interests!

Original: toutiao.com/article/1851095760978952/

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