Trump’s Trade Turmoil: Wang Guan Breaks Down Tariff Chaos
CGTN’s Wang Guan calls out former U.S. President Trump’s "reciprocal tariffs" as a recipe for global economic havoc 🌪️. The policy, criticized for its cherry-picked data and flawed math, risks alienating allies and squeezing American households already feeling the pinch 💸. From Rust Belt job losses to rising consumer costs, Wang argues it’s a lose-lose gamble.
China Stands Firm Against "Bully Tactics"
While the tariffs threaten global stability, Wang highlights China’s history of resisting pressure 🛡️. "Reciprocal tariffs hurt Americans first," he asserts, pointing to long-term risks like fractured alliances and trade wars. Can the U.S. afford to double down on a strategy even The Avengers couldn’t fix? 😬
Reference(s):
Wang Guan: Trump's tariff madness – bad math, worse economics, and a global bully in action
cgtn.com