In the face of the Chinese American definitions, Trump showed his eleventh limits

Photo of author

By [email protected]


President Trump does not seem to be in mind because the customs tariff around the world began to sell the stock market and have wiped trillion dollars from wealth.

“Be great,” he said to the Americans.

Then it is flash On Wednesday afternoon, in the face of financial turmoil, especially a rapid rise in government bond revenues that can shake the dominant position of the dollar and the founding of the American economy. Late Friday, Mr. Trump exempts smartphones, computers, chips and other electronics from some definitions on China.

By stopping some customs tariffs of dozens of countries for 90 days and exempting electronics from some definitions, he also gave something to his main rival, Chinese leader Xi Jinping, with whom he participated in the chicken game that risk season The largest of the world’s economy and turning the global economic system upside down.

Mr. Shi learned that his opponent has a pain point.

And as much as Mr. Trump may seem to some parts of the world, in Mr. Xi and China wandering with a leader and a party with a long history of a single pursuit of policies, even when it resulted from economic and human disasters.

Among the Chinese, there is a consensus between the critics of Beijing and its supporters is that the final game may reach that the leader will be able to make his people bear the misery in the name of the national interest.

“Definitions and even economic sanctions are not the pressure points of Xi Jinping,” Hao QunChinese novelist denial written under the name Murong Xuecun, books On X. “He is not particularly concerned about a tariff that may cause ordinary people.”

Unlike Mr. Trump, Mr. Shi does not speak to the Chinese public through social media platforms, although he controls them all. All he says and does is designer. It is impossible to enter his head because the public knows only a little about the official interface. But an insightful look can be found on how to react in his confrontation with Mr. Trump by looking at how to see him and his relationships with the Chinese audience and his record as a leader of a nation of 1.4 billion people.

Chinese internet is full of national chatter on the need to “firmly fight and stand on our land to the end.”

Share people a video A clip from the Chairman of the Board of Directors Mao Zaidong talks about the Korean war: “We will fight for him as long as they want to fight, and we will fight until we win completely.”

Mao Ning, a spokesman for the Chinese Foreign Ministry, shared the comments made by Mao Chairman in 1964, describing the United States as a “paper tiger”. “Do not believe a hoax,” the chairman of the board of directors, Mao, told the French Parliament to visit China. “One bit, and it will explode!”

Some online commentators called for a great leap to show the ability of the Communist Party to impose austerity in difficult times. The party launched the campaign between 1958 and 1962 to manufacture China quickly. Its policies defied science and the laws of nature, which led to the famine and tens of millions of deaths.

While people were starving in the countryside, they resorted to eating human meat, President Mao directions Farmers to eat a bran of grain and edible wild plants. He said: “Carrying hardship for a year, two years, and up to three years, and I will manage things.”

Mr. Xi, who is seen by some Chinese as a caliph Mao to be metaphor, loves to talk about benefits with difficulties.

Mr. Xi was born in a revolutionary family, and he faced political turmoil and fumes at an early age. His father, Deputy Prime Minister, was cleared when Mr. Xi was nine years old. During the cultural revolution, Mr. Shi’s father was severely persecuted. The son, who was not 16 years old, had to move to a deep village in the Louis Plateau and work as a farmer.

“I was a great test for me,” it was quoted as saying. feature By the official Xinhua News Agency. “Whenever I faced difficulties at a later time, I was thinking about how, even with these harsh conditions at that time, I was still able to accomplish things.”

It was in 2023, and the Chinese economy was struggling to recover from the Kofid pandemic. Young unemployment increased. Sayyid Xi Al -Shabab told that they should learn. ”Bitterness“Using colloquial expression and this means carrying difficulties.

In government media condition About Mr. Shi’s expectations for the young generation, the word “hardship” was mentioned 37 times.

Early in 2022, it was clear that the OMICRON variable was very contagious, but almost all other countries that embraced were able to reopen their economies. But Mr. Xi insisted that China lives through “zero zero” measures with resistance to the import of Western vaccines. Hundreds of millions of people bored locks, daily tests and forced quarantine. Many lives and livelihoods have been destroyed.

In the past few years, Mr. Shi has resisted the calls of many economists and even his officials to provide cash support to the public to enhance consumption. In the 2021 speech, he urged “Welfarism”, saying: “Once the advantages of the luxury rise, they do not return.”

The truth is that 600 million Chinese take to the house less than 140 dollars A month and have minimal social benefits, which is a major reason they provide a lot and consume less than the needs of the economy.

Mr. Xi eventually ended Safar Kovid, but he did it suddenly without the appropriate vaccination. Many were wounded quickly, the elderly died and long lines were formed outside the Holocaust.

It seems that the chronic real estate collapse in China has eventually prompted Mr. Xi to accept the idea of ​​helping consumers, although some economists believe it may be very late, especially in the face of the trade war.

Mr. Xi has a pain point in the economy: he cannot allow things to be upset that it endangers the legitimacy of the party’s rule. The protests in the country in November 2022 helped to make Safar Kovid. Customs duties threaten the exports of China, which leads the country’s economy. On Friday, Mr. Xi made the first public comments on the war of tariffs.

It was reported by the government media: “China’s development has always relied on self -reliance and hard work; never on the association of others, and they never fear any unfair repression.”

As the world learned this week, Mr. Trump cannot completely ignore the financial markets or Wall Street and Technology The billionaires who supported his campaign. They arrived at the Council of Ministers to transfer their concerns. Even loyalists like Elon Musk and William a. AclusAl -Tahout Fund Director expressed his dispute with the president’s identification policies.

It is difficult to imagine that any of the Chinese entrepreneurs will dare to do the same, or, like Mr. Musk, have the channel to transfer their concerns to Mr. Shi, who prompted his political opponents alongside private companies. If Mr. Trump aspires to absolute power like Mr. Shi, he has a long way.

I have been checking Chinese social media in the past few days looking for any well -known company or businessman who complains about the trade war. I did not find anything. Ordinary people who regretted the Internet that they faced wage cuts or lost business due to the customs tariff that was dropped by national commentators and described as “non -nationalists.”

This is a rule that Mr. Trump cannot compete with.

“The submission to dominance was not an option to China,” WEIBO user wrote on Thursday. “If we can expel the Americans during the Korean war, we have what we fear from the customs tariff stick. We must respond with an iron fist.” The comment loved more than 3000 times.



https://static01.nyt.com/images/2025/04/10/business/00nw-tradewar/00nw-tradewar-facebookJumbo.jpg

Source link

Leave a Comment