President Donald Trump’s assertive push to redraw global trade and security architecture is encountering firmer resistance than during his first term. This time, not only is China preparing for a protracted standoff, but several U.S. allies and friendly nations are also signaling a growing reluctance to yield.
China’s Ministry of Foreign Affairs recently posted a 2-minute, 15-second video on its official social media channels titled “China Won’t Kneel Down.” The clip draws historical parallels, highlighting Japan’s economic stagnation following the 1985 Plaza Accord and France’s dismantling of its strategic energy firm Alstom after a 2015 U.S.-driven divestiture. The video suggests that capitulation leads only to deeper exploitation. It also emphasizes that while the United States accounts for around 20 percent of global trade, the rest of the world can and should unite. “Only when every nation stands tall,” the narration declares, “can the world break through the wall of hegemony.”
We, US consumers are in trouble. trump needs to understand that a trade imbalance that has take decades to create cannot be erased in a matter of days and prices...well we will see an increase of prices like we have never seen before. Yes, there may be a trade imbalance that needs to be addressed, but not with 145% tariffs, thinking factories and the employees to man them are going to appear over night. trump has really screwed up this time.
