Former U.S. President Donald Trump’s latest tariff push isn’t about reviving American manufacturing — it’s a play to curb China’s rise, experts argue. William Jones, a commentator for CGTN, calls the move a “tax on the world” reminiscent of 19th-century British colonial policies, with developing nations like Cambodia and Lesotho caught in the crossfire. 🌏⚖️
Why China? 🤔
Jones claims the tariffs — including a staggering 145% levy on Chinese goods — aim to maintain U.S. dominance as China’s Belt and Road Initiative reshapes global development. “This isn’t MAGA,” he says. “It’s about stifling alternatives to Western-led economics.”
Walmart Shoppers Beware 🛒💸
While Trump pitches tariffs as pro-worker, Jones warns U.S. consumers will foot the bill. Price hikes at retailers like Costco could hit low-income households hardest, turning “Make America Great Again” into a financial burden for the very voters it claims to help.
Global Ripple Effects 🌊
The tariffs risk derailing progress in developing countries relying on Chinese investment for infrastructure. As markets scramble, Jones notes Trump already delayed tariffs for 90 days — but kept China in the crosshairs. Will this gamble backfire? Analysts say buckle up. 📉💼
Reference(s):
cgtn.com