imposed tariffs on China. The United States seems to have finally made a decision recently, and the opposition U.S. Trade Representative Dai Qi has gained a temporary advantage. According to Hong Kong's South China Morning Post, Dai Qi publicly claimed that China's economic development trajectory did not meet the "expectations" of the United States and the United States will not cut tariffs on China unless China follows the conditions proposed by the United States.
On September 7th local time, Dai Qi elaborated on Biden 's economic strategy on China at a discussion meeting. She said that China's economy did not develop as "the United States expects from the WTO WTO member states", which is caused by historical development and different governance principles, but the United States still wants to change this situation. She also added that the "expectation" of the United States for China is that China's economy can operate like the United States and follow the relevant norms of the WTO and other organizations recognized by the United States, namely, "based on open markets, let the government and the country and the market and the economy be "based on open markets," which allows the government and the country to work with the market and the economy. Keep a pretty clear division between them.”
Dai Qi's words can't help but make people wonder why the United States believes that other countries need to develop their economy "as expected by the United States." If the United States' economic model has made outstanding contributions to the United States or the world's economy and has gathered the wisdom and experience of all mankind, it is understandable to learn from the United States. But the problem is that the United States is now just a doomsday empire with drugs and guns, hatred and discrimination crimes growing, social contradictions are sharp, inflation depends on the world to share, and hegemony is still declining.
In contrast, in China, over the past 40 years of reform and opening up, China has continuously promoted economic system reform, opened up the development path of socialism with Chinese characteristics that is most suitable for China's national conditions, and achieved a historic breakthrough from relatively backward productivity to the world's second largest economy. , achieved a historic leap from insufficient food and clothing to a well-off society in the people's lives and to a well-off society in an all-round way, and laid a solid foundation for the great rejuvenation and rise of the Chinese nation that the United States feared.
Compared with the two, China is a vibrant young man and a rising star in the world, while the United States is an old man who is about to die, and the old lion king who is no longer majestic. One is walking uphill with high fighting spirit, while the other has fallen to threatening the little ants at his feet to show his strength. It is clear who has a better economic operation model. Where does the United States have the face, and where does the courage to ask China to copy the American model?
From the second half of last year to the present, White House has been quarreling endlessly about reducing tariffs on China. A faction led by US Treasury Secretary Yellen advocates cuts to alleviate U.S. inflation, but a faction led by US Trade Representative Dai Qi He regards tariffs on China as a weapon, and Dai Qi once bluntly stated that he should use them as an "important bargaining chip" in Sino-US trade negotiations. After the People's Liberation Army's military exercise around Taiwan, US media said that US officials have changed their views on China's tariffs and will "reconsider" whether they will cancel it. U.S. Commerce Secretary Raymondo also said "things have become more challenging."
Just on September 3, The Office of the United States Trade Representative released a message saying that the official extension of the additional tariffs on China will not be cancelled during the review period. According to Bloomberg, three people familiar with the matter revealed that Biden had signed a new exclusion process this summer to exempt tariffs on manufacturing materials imported from China, but now, Biden says the administration has decided to delay the final decision. The Office of the U.S. Trade Representative is also looking at other ways to reduce tariff pressure on U.S. companies. In general, the United States made the final decision before the midterm elections on tariffs on China.
Dai Qi claimed that before China chooses a "more like the United States" economic development model, the United States needs "effective tools" such as tariffs on China and the "Chip Act" to ensure its competitiveness. The Sino-US trade war has been around for at least four years. China has not been defeated, nor will it be defeated. Instead, the United States is gradually falling into the quagmire it has laid down. China has repeatedly pointed out that there is no winner in the trade war, and imposing tariffs on the US on China is not conducive to the United States, China, and the world. I hope the US can repent as soon as possible, get rid of "China phobia" and return to the right track of economic globalization.
