But if Washington is serious about preserving the dollar’s global stature, it should stop viewing developments in global financial markets with a hostile attitude in general, and definitely stop weaponizing the dollar in particular.
Trump’s threat of additional tariffs on China, Mexico and Canada is a continuation of protectionist policies that benefit no one.
Over the coming four years, Trump’s tariff-driven agenda will likely remain a destabilizing force to globalization, undermining existing trade systems and reshaping the international economic landscape.
We hope that the people of China and the United States can get along with each other like pomegranate seeds.
The [main] Western characteristic is one of force, one of domination, and one of win-lose situations, as opposed to win-win situations that China is trying to advance, where the country would like to see everyone win by upholding the idea of common prosperity on a global level.
As has often happened in history, the sanctions and restrictions have stimulated new development. This has been the case with the production of the latest semiconductors.
Driven by practical interests, the Philippines has followed the U.S. foreign policy, taking an antagonistic stance against China on the Huangyan Dao issue.
At the APEC Economic Leaders’ Meeting in Peru, President Xi Jinping promises open cooperation and development, providing assurance in an era of uncertainties, trade protectionism, and geopolitical tension.
Managing competition and cooperation between China and the U.S. will require a more pragmatic approach from the new U.S. administration.
Trump in his second presidential term should undertake a realistic and constructive foreign policy that will promote peace and development and begin to repair the damage done to U.S. prestige and national interests over the past several decades.
For DJI, its lawsuit is not only about preserving the company’s reputation and development rights, but also about making a stand for fair competition and market integrity.
While China trim the sails to meet temporary economic headwinds head-on by unveiling a package of incremental policies, some Western countries must realize anti-China measures like increased tariffs will only lead to their own greater inflation.
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