Treason and betrayal: American trade protectionism arouses public anger

  China Daily Online, June 19-After the introduction of the $50 billion tax list, the US government intensified its efforts and threatened to impose tariffs on an additional $200 billion of China goods. This has not only aroused a strong counterattack from China, but also aroused the angry condemnation of governments, media, enterprises and even the American people all over the world.

  The United States lost its rationality and China strongly countered it.

  In the face of Trump’s capricious behavior, a spokesman for China’s Ministry of Commerce said: "This extreme pressure and blackmail practice deviates from the consensus reached by both sides through many consultations, and also makes the international community very disappointed. If the US loses its rationality and issues a list, China will have to take comprehensive measures combining quantity and quality to make a strong counter-measure. "

  Li Wei, director of the Institute of Fine Arts of the Ministry of Commerce, further pointed out: "On the one hand, we should defend our own interests and take reciprocal countermeasures. On the other hand, we should maintain the established pace of opening up and not disrupt our deployment. If the United States still values China’s huge market and wants to further enter our market in the process of our active opening up, then we still have to seriously consider such a country that does not keep its promises. "

  The media have condemned it, and American companies have complained a lot.

  In fact, not only China officials, but also foreign media have condemned the US government, believing that a trade war will definitely harm the US economy.

  WSJ: Caught in the middle are some big American companies, who complain that the increase in tariffs has punished their supply chains around the world. A spokesman for the Semiconductor Industry Association said: "Imposing tariffs on semiconductors will only hurt American semiconductor companies, their workers and American consumers, but will not help."

  The New York Times: Such trade actions may spread to the global economy, destroy the supply chain, and make American enterprises face higher costs, thus reducing jobs. Despite the strong economic growth in the United States, tariffs are expected to push up the prices of American consumers and enterprises that rely on parts from China.

  Financial Times: Many goods that the United States intends to tax China, such as diodes in semiconductor products, are mainly assembled and debugged in China, which only accounts for a part of the whole product industry chain. However, the Trump administration’s move will interfere with the whole industry chain, making American enterprises that are highly dependent on global division of labor the biggest victims. It is totally unrealistic for the Trump administration to abandon the global industrial chain and try to transfer manufacturing links with low added value back to China. This is not the right way to create wealth for the American people.

  The Hill, USA: Trump’s trade policy lacks economic foundation and ignores history: there are obvious differences between the goal of reducing trade deficit and expansionary fiscal policy; Expansive fiscal policies and tariffs will lead to a stronger dollar, which will curb exports and stimulate imports; Reducing the trade deficit will only increase domestic inflationary pressure and cannot further reduce the unemployment rate.

  American unilateralism is the enemy of the world.

  Liang Ming, director of the Foreign Trade Research Institute of the Research Institute of the Ministry of Commerce, said in an interview with China Daily on June 19th that this was a unilateralist and protectionist act. "The United States has not only launched a campaign against China ‘ 301 investigation ’ It launched this survey on the European Union, Australia, Germany and Mexico. The unilateralism and protectionist nature of this behavior is very obvious and there is no doubt. "

  Today, the tariff war provoked by the Trump administration is a country’s "one-on-one fight" against the whole world, which is a global trade war and chaotic war. Globally, the United States is betraying its relatives and friends. Trump brandished a tariff stick against the EU, Canada and Mexico, had a fierce quarrel with Britain, France, Germany and Canada, and repeatedly attacked China’s economy and trade … … The United States is becoming the biggest unstable factor in the world economy.

  In sharp contrast, China has been continuously expanding and opening up. For example, he said, "In terms of expanding imports, no country has made such great efforts as China. China will also hold the China International Import Expo in November this year. No country has made such a big move to open wider to the outside world. Of course, this is also our attitude of clearly showing opposition to trade protectionism. "

  The American people quit.

  American netizens are very angry and puzzled by the Trump administration’s behavior, and they have expressed their dissatisfaction on social media Twitter.

Treason and betrayal: American trade protectionism arouses public anger

  Netizen Mike Quinlan said: "The victims are American companies and American consumers! Trump has no idea how to deal with foreign countries. This so-called trading expert is a big joke! "

Treason and betrayal: American trade protectionism arouses public anger

  Netizen Sharon said: "This is what the man who went bankrupt several times did. This man is famous for his inability to pay his debts. We have all been played! "

Treason and betrayal: American trade protectionism arouses public anger

  Netizen Harajukubabi said: "I don’t know how Americans can sleep peacefully during this orange villain’s presidency." Because if it were me, I would suffer from panic attack. "

Treason and betrayal: American trade protectionism arouses public anger

  Netizen J R Benaite said: "The bad news is that American enterprises will suffer. The unemployment rate will rise and the economy will collapse. "

Treason and betrayal: American trade protectionism arouses public anger

  Netizen marjorie Grebauer said: "He really spared no effort to bring down his own economy. What is the plan?"

Treason and betrayal: American trade protectionism arouses public anger

  Netizen Freebird said: "In the years to come, the American working class will swallow the bitter fruit planted by the Trump administration."