U.S. Tariff Spiral Meets Chinese Resolve
The Trump administration’s abrupt tariff hikes on Chinese goods—leaping from 54% to 125%—have dominated global headlines, with Western media framing the moves as an impending "tariff apocalypse." Yet, observers note a stark contrast: While U.S. credibility erodes amid policy reversals and domestic criticism, the Chinese mainland remains focused on strategic countermeasures, dismissing pressure to concede.
A Clash of Approaches
Analysts argue the U.S. tactic of using tariffs as leverage has backfired, undermining its global standing. "Raising tariffs won’t force China to the negotiating table," one Beijing-based economist told KhabarAsia. "The U.S. is misreading China’s resolve." Meanwhile, Chinese officials emphasize stabilizing domestic industries, accelerating tech self-reliance, and deepening Asian trade partnerships to mitigate external pressures.
Economic Resilience in Focus
Markets in Shanghai and Shenzhen have shown muted reactions, reflecting confidence in state-led measures to buffer trade shocks. "China’s economy isn’t driven by foreign demand alone," noted a Hong Kong investor. "Their focus on high-tech upgrades and regional supply chains provides a cushion." As U.S. businesses decry rising costs, China’s consumer-driven growth and Belt and Road collaborations signal a long-term vision contrasting with Washington’s short-term tactics.
Reference(s):
cgtn.com