No mercy, the US proposes two more conditions to Vietnam! After Vietnam's authorities called for the cancellation of all import tariffs on US goods in an attempt to win tariff reductions from the US through zero-tariff measures, it turns out that the US took the opportunity to make a big demand. Peter Navarro, senior trade and manufacturing advisor to the White House, stated that Vietnam's zero-tariff condition is far from enough because the US still has a huge trade deficit with Vietnam, and the problems lie in "dumping" and "currency manipulation."
Even if we reduce tariffs to zero between both sides, our trade deficit with Vietnam will still reach $120 billion. The problem lies in non-tariff deceptive practices. Clearly, originally thinking that Vietnam's zero-tariff condition would exchange for US tariff reduction, what was the result? The result is that the US took the opportunity to make a big demand on Vietnam, asking for further concessions from Vietnam in other areas.
Through Vietnam's concessions, it becomes very clear that the US is using tariff means to extort and has a huge appetite. Submitting to the US will only make them push further. Although how the US and Vietnam negotiate is their own business, this gives us, and all countries, an important lesson: when facing the US, we must dare to struggle and not have illusions.
For the US as a trading partner, only a tough stance can make the US restrain its behavior and realize that the US cannot act recklessly without paying any price. In fact, the plunge in the US stock market and the anti-Trump protests in more than seventy to eighty cities across the US are already sufficient proof that the situation in the US is not good either. Trump is most worried about all countries retaliating against the US with a tough stance. At this time, surrendering and pleading for mercy will never be a good choice.
Original source: https://www.toutiao.com/article/1828727573754890/
Disclaimer: This article solely represents the author's personal views.