
US President Donald TrumpChina’s moves of the mission in trade are more likely to lead to adverse results, as the overwhelming global tariff struck its allies and competitors, according to former National Security Adviser John Bolton.
“This is definitely not how you deal with your friends. You do not slap them publicly and say, I will get to know you unless you are the best in commercial negotiations,” Bolton Murphy of CNBC said on Monday.
In fact, one country that deserves the trade war – China – we put it in a much better position by going to the war on the customs tariff with our best friends, while if we all join, we may have an impact on China’s behavior, so this is not just an economic mistake, which I think clearly.
A White House spokesman was not immediately available to respond when contacting him by CNBC.
Trump sent global markets to chaos on April 2, which was called “Tahrir’s Day”, unveiled the customs tariff for almost every country and lands on the basis of a highly critical account of economists as illogical. A 10 % blanket was imposed on imported goods worldwide, while many countries have faced a much larger confrontation based on the United States’ trade deficit – a step to describe Trump as “mutual” although the scale has nothing to do with definitions.
Within a few days, chaos in the market, trillion dollars were erased from wealth, and a rise in US Treasury revenues, Trump announced a temporary stop for a period of 90 days on the greatest definitions, but maintained the bittalat scale by 10 % on all countries, including the closest Washington allies, in addition to previous 25 % previous definitions that were interpreted on Mexico and Cannes the treasure. Then he increased fees on China, which has already responded to its own definitions of American goods.
Former National Security Adviser John Bolton speaks to the correspondents after speaking on a committee hosted by the National Council for Iran-NCRI-Us at the Williad Intercontinental Hotel on August 17, 2022 in Washington, DC.
Anna Monker Gety pictures
The two largest economies in the world escalated in luxury, with the current US tariff around Chinese imports by 145 % and Chinese tariffs on American imports by 125 %. China has pledged “fighting to the end”; The Trump administration recently announced an exemption from the seized electronics, including smartphones.
Bolton agreed to condemn Trump that China should be held to explain what he described as unfair commercial practices and violations, including theft of intellectual property, protection and support for some industries to create unfair competition and “the treatment of the World Trade Organization”.
“If you want to deal with this problem, it will certainly be logical to communicate with Japan, Korea, Singapore and other Asian countries, European countries, others around the world whom China faced the same way as the United States,” Bolton said.
“Instead, we are fighting a war with our friends and really leaving our ability to deal effectively with China.”
Eleven on a magic attack
International leaders criticized Trump’s actions. On Tuesday, French Prime Minister Francois Bayro said that “the President of the United States began a hurricane” has crashed all over the world, according to Reuters.
On Monday, the eleventh Chinese Prime Minister Jinping began in what some observers called an attack on Sahar across Southeast Asia, where he visited Vietnam first, followed by scheduled trips to Malaysia and Cambodia.
“Xi Jinping is trying to build the allies,” Bolton said. “If Trump has any meaning, he will do the same, instead of alienating our allies … the damages that occur to us, credibility, goodwill, and people’s dependence on (the United States) that has been built over the past eight decades – since the end of World War II – Trump understands, China, from all places, as you know, we know, we are already an island of stability in the middle of this matter.
Bolton said the Chinese leader “will not stop in Southeast Asia.” “We even know before the definitions began to impose … its people spoke to South Korea and Japan because there is a common front against American definitions. This is just madness from the US point of view, so we let this happen.”
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