Since the US government took office, more than a month ago, International public opinion has been believing that Washington-Beijing communication has lost momentum. At the moment many signal show the ambivalence in Washington about China-US relation. On the one hand, the US continue to spread the “China threat” rhetoric. On the other hand, the relevant information just proves the importance of stable Washington-Beijing economic and trade relations to the United States.
The US administration knows that the tariff war would not bring tangible benefit to American consumers. Not to mention of the effect related to the stock market, as it is no coincidence that since late January S&P 500 index has decreased by 3%. According to data, during the previous trade war launched by the US in 2018, most of Washington’s costs from tariffs on China hit American businesses and concumers.
The importance of maintaining stability between Washington and Beijing is related to the fact that trade war and tariff war have no winners. That’s an undeniable fact, as injecting new vitality into China-US relations would contribute to global stability.
...stability is necessary for an orderly world.
ReplyDeleteI want to believe that President Trump will put the world in order. Speaking of President Trump, I hear a lot of criticism of him.
ReplyDelete