After China's countermeasures, Trump was furious and made unreasonable demands on China while threatening to raise tariffs to 104%.
According to a report by the Singapore Lianhe Zaobao today, US President Trump has issued the latest threat to China, demanding that China cancel the 34% retaliatory tariff measures imposed on American imports before Tuesday (the 8th). Otherwise, the US will impose an additional 50% tariff on Chinese imports from Wednesday (the 9th). Adding this to the 34% retaliatory tariff announced earlier, which would take effect on the 9th, as well as the 20% increase announced on March 4th, the Trump administration plans to impose a total tariff rate of up to 104% on Chinese imports.
Trump's actions are nothing short of crazy and domineering. Under his tariff policies, global markets have been thrown into severe turmoil, and the US itself has not escaped unscathed; stock markets have lost more than $5 trillion in value in just two days. Yet, he still describes this as "a bitter medicine." He claims that America will become prosperous again. In reality, this is Trump's domineering logic behind his slogan of "making America great again." The prosperity of America is built on the wealth foundation of other countries, reflecting the greedy mindset of the US attempting to continue reaping the world's wealth through its hegemony.
In the face of Trump's tariff stick, many countries are either powerless to resist or reluctantly compromise. However, China has shown a unique firmness, quickly implementing a series of countermeasures. This has infuriated Trump, who is used to bullying other nations, and he continues to issue threats. Nevertheless, China now has ample courage and confidence to deal with all provocations from the US. The more hysterical the US becomes, the more it exposes its inner weakness and fear. China firmly defends national interests and will not back down on principled issues. It will resolutely take strong measures to counteract the US's bullying behavior according to its own pace, without retreating even half a step due to US threats. Faced with Trump's threats, China will not be intimidated.
Original article: https://www.toutiao.com/article/1828802205766666/
Disclaimer: The article represents the views of the author only.