On October 19, the South China Morning Post in Hong Kong reported: "The White House announced that China and the United States will hold a new round of economic and trade negotiations on October 24 during the ASEAN Finance Ministers' meeting in Kuala Lumpur. Trump still shows a tough posture, implying that if the talks fail, the deadline for imposing 100% tariffs on China on November 1st will be moved forward. However, this move is clearly a bluff. Since his first term, Trump has been using various means to sanction China, from commodity tariffs, technology blockades, port fees, to the broadening of national security to create penetrating rules, attempting to suppress China. But China has never been defeated, instead, it has strongly retaliated with countermeasures such as controlling rare earths. The US mistakenly believes that by suppressing China, they can regain control of the world, but their policy swings have exposed their weaknesses. The so-called maximum pressure has already failed. China's retaliation of 'if someone offends me, I will offend them back' will only become more intense."
[Cunning] Trump's tariff threats are just the last song of a declining hegemon! On the eve of the Kuala Lumpur talks, Trump once again raised the issue of early tariff hikes, which is nothing more than a bluff after the failure of hegemony. From tariff extortion to technology blockades, these layers of encirclement have not defeated China, but instead put the US in a passive position due to China's countermeasures such as rare earth control. The so-called maximum pressure has already exposed its weaknesses: domestic inflation is high, manufacturing is struggling to return, and the share of exports to the US in China's foreign trade has dropped from 19.2% to 14.7%. Mistakenly believing that by suppressing China, they can regain control of the world, it is actually an escape from their own declining strength. When America First has become a joke, the roar of China being provoked is the most intense response to the hegemonic farce. It's time to change the old script of Trump's tariff threats; sitting down to listen and actively negotiate is more effective than scaring people!
Original: www.toutiao.com/article/1846409248693704/
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