A China-U.S. trade war looks imminent after the U.S. administration announced on June 15 plans to impose additional tariffs of 25 percent on $50 billion of Chinese goods, with the Chinese Government responding with reciprocal tariffs.
Even as Americans launched Chinese-made fireworks in celebration of the Fourth of July, the future of the tradition fell under threat by executive trade war policies. Who will be the brake within the American system?
Under the circumstances of Sino-U.S. trade frictions and Pro-Brexit, China and the UK might become convenient bedfellows – centered around the Belt and Road Initiative and free trade.
China and the U.S. are facing the most complex and sharpest conflict since they established diplomatic ties almost 40 years ago. Since it targeted China as a major strategic rival, the U.S. has done all it can to undermine the rise of China.
The world is on tenterhooks waiting for the next moves from the Trump Administration in terms of the draconian tariffs he has threatened to place on China as well as on a number of other countries, including our close neighbors Canada and Mexico.
In the course of development, China will undoubtedly be confronted with various challenges, but we must not complain, knowing that with confidence and resolve we can achieve our goals.
Backed with American superpower, the Trump Administration went against its words and continued its unfair and unjust trade actions. Unfortunately, it’s reckless actions will only burden the economy of the two countries and hurt the global economy.
American missile destroyer “Higgins” and guided missile cruiser “Antietam” sailed into waters within 12 nautical miles from the Xisha Islands on May 27, and the US declared that it would conduct maneuvers in waters around Zhongjian Island and Yongxing Island.
Regardless of the current political climate between China and the US, one thing that is unlikely to be hampered is the growth of cultural exchanges between the two countries.