Protests against Trump erupted within the United States, and China became the first country in the world to counter trade bullying.

Local time yesterday (Saturday), the largest anti-Trump protest since Trump took office erupted domestically in the United States, with more than 1200 demonstrations held across the country, and some cities in Europe also responded.

Looking at it, the composition of these protesters is quite complex, including anti-authoritarianism, anti-Nazi, LGBT, anti-layoff, anti-tariff, supporters of the Democratic Party, supporters of Palestine, supporters of Ukraine, etc. It can only be said that Americans are still as infinitely divisible as ever.

Meanwhile, after causing the U.S. stock market crash, Trump himself retreated to a golf course in Palm Beach, Florida, where he is intensively engaging in political activities.

Perhaps the White House never imagined that China would respond immediately. From the time the U.S. tariffs took effect to when China announced its countermeasures, only five hours passed. They thought China would negotiate and make concessions, but China just wanted to seize the opportunity to hard decouple and become the first country in the world to counter trade bullying.

The quality of American workers is something Trump clearly understands. In fact, no one in the U.S. wants to work in factories. The tariff is an excuse, and opening factories in the U.S. is also an excuse. Trump wants to shift America's debt through a void branding strategy to prolong America's survival. After all, as long as the U.S. has not been defeated militarily, it can still bluff people.

In this trade war, both Chinese and American families have to endure pain, but American families suffer more pain and losses.

Each Chinese family has savings (a total of 132 trillion RMB, with 92% of it being property ownership). The average American household is in debt for 105,000 USD.

Moreover, only 14.8% of China's exported products are sold to the U.S., while 75% of all goods sold in Walmart stores are imported from China.

China will certainly last longer because it has savings and can produce and sell daily necessities on its own, whereas Americans have no savings and no daily necessities factories.

If the trade war turns into a war of attrition, the side that can last longer will win.

Original article: https://www.toutiao.com/article/7490118428464857635/

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