Countries Will Follow Trump's Lead in Imposing Tariffs on China, Says Gordon Chang
( — China analyst Gordon Chang forecasts that following President Donald Trump's example, other nations will impose significant tariffs on goods imported from China. The U.S. imposed a tax of 125%. on Chinese goods.
"What will occur is that other nations will need to follow in Trump's footsteps," Chang stated on Wednesday. Trump's tariffs have shut down access for numerous Chinese goods into the U.S. marketplace. Consequently, China needs to find alternative markets... otherwise, the manufacturing industries of other nations will suffer significantly unless those countries safeguard themselves.
Chang, who authored the new book " Operation Red: China’s Strategy to Overthrow America He anticipates that tariffs on Chinese products will increase globally as nations protect their own markets. product dumping.
“I believe we will witness an increase in tariffs on products from China across the globe,” Chang stated.
Although Trump believes that Chinese President Xi Jinping will likely contact him soon to strike a bargain, Chang doubts that an instant settlement can be achieved.
That’s what Xi ought to do. It’s the economically sensible move," Chang stated. "However, the issue lies in how Xi Jinping has structured China's political framework, allowing only the harshest responses to be deemed acceptable, thereby constraining his own options.
Chang pointed out that although striking a deal would be advantageous for China's economy, Xi is not likely to move swiftly as it could weaken his standing within the Communist Party.
"I don't believe they will solve it this week," he said to .
The analyst further emphasized the advantages of shifting production out of China, proposing that establishing factories in Central America might aid in stabilizing these regions and decreasing migratory trends towards the United States.
Chang highlighted the significance of relocating vital sectors such as semiconductor manufacturing and pharmaceutical production to the United States, contending that commerce with China inadvertently supports their military expansion.
China utilizes our trading profits to bolster its military, which is primarily aimed at confronting America," Chang stated. "It’s ethically and tactically incorrect to provide them with funds for such purposes.
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