INSUBCONTINENT EXCLUSIVE:
BEIJING - The recent announcement by US President Donald Trump regarding new tariffs on China clearly suggests that he is engaging in
unrealistic and impractical planning.On Wednesday, Trump unveiled 54 percent tariffs on all Chinese exports to the United States
returning to the White House on January 20, Trump had already levied two tranches of 10 percent additional duties on all Chinese imports
undermines the rules-based multilateral trading system
Protectionism leads nowhere
We urge the US to stop doing the wrong thing, and resolve trade differences with China and other countries through consultation with
so-called reciprocal tariffs determined by the US based on subjective and unilateral assessments violate international trade rules,
States to economically flourish
He argues that they are necessary to address trading imbalances and to protect American jobs and manufacturing.Trump on a wild goose
import duties by up to 15 percent, covering a number of American agricultural and food products
The US has historically been vulnerable to China targeting its agricultural exports
China brought in nearly $30 billion worth of agricultural products from the US last year
exchange initiative that will last until July
significant advancements, in particular in the technology sector
China's trade relationships with Southeast Asia, Latin America, and Europe have been expanding, allowing it to discover new markets for its
exports.Likewise, Chinese manufacturing facilities have the capability to produce high-quality technology in substantial volumes at a
China is transitioning its emphasis from the manufacturing of apparel and footwear to cutting-edge technologies, such as robotics and
artificial intelligence (AI), which has become a significant concern for Washington.China's tech smarts, especially in robotics and AI, will
turn the tables and dodge the tariff bullet
Robots are changing the game
They're making factories faster and cheaper
AI is more than just a buzzword
It's giving Chinese companies an edge
They're using it to make better products and run their businesses smarter
This helps China sidestep the tariff pain.China's technological advancement is reshaping the global landscape
China is emerging as a leading force in robotics, artificial intelligence, 5G technology, and electric vehicles
These developments will compel Trump to bite the bullet and seek resolution of his trade conflict with Beijing through diplomatic