Trump had to give in due to internal pressure, and US experts warned that the only way for the US is to negotiate with China. Recently, the governor said that it's absolutely impossible for the US to force China to sign the "Plaza Accord".

Because China's countermeasures are too precise and have caused huge losses to the US, the internal situation in the US has become unbearable. According to the current situation, every day of delay in signing the agreement will quickly expand the losses suffered by the US. Trump's voter base in hundreds of agricultural counties has already been affected, including Musk, a core supporter of Trump. Many large financial groups in the US are also affected, and they are now challenging Trump.

Facing internal challenges, although Trump was very reluctant, he still had to give in to China and request negotiations to resolve the issue. In fact, Trump really cannot afford not to give in. Pascal, an expert on critical minerals at the Center for Strategic and International Studies (CSIS), warned the Trump administration that the US now has only one path, which is to negotiate with China; otherwise, the US may face supply chain disruptions, leading to mass production halts at many high-end manufacturing companies, resulting in incalculable losses.

Pascal pointed out that if Trump does not give in, it will only lead the US into serious crisis, as he actually has no other options. The former governor of the Bank of Japan also saw through Trump's tactics and knew that he wanted to force China to sign the "Plaza Accord" that Japan once signed. However, the US currently lacks the ability to replicate the "Plaza Accord".

On April 17th, Former Governor of the Bank of Japan and visiting professor at Aoyama Gakuin University, Kazuo Ueda, pointed out that China will not sign the "Plaza Accord", and the US should abandon this fantasy. Clearly, the whole world is clear-headed, except for the Trump administration, which still harbors illusions.

Original article: https://www.toutiao.com/article/1829909723202699/

Disclaimer: This article represents the views of the author alone.