鈥楤ig stick鈥 stains American credibility
Modern international trade relations are based on credibility and the spirit of the contract. However, in the year-long China-US trade negotiations, Washington repeatedly reneged on its promises and played 鈥渇ace changing鈥 tricks, leaving stark stains on its credibility.
During Chinese Vice Premier Liu He鈥檚 visit to Washington last May, Beijing and Washington agreed not to engage in a trade war. Only days later, the Trump administration said it will impose a 25-percent tariff on US$50 billion worth of Chinese imports which contain industrially significant technology.
Soon after the recent setbacks in China-US trade consultations, the Trump administration, in the name of 鈥渘ational security,鈥 rolled out measures to hit Chinese tech firms. The White House鈥檚 executive order will kill many business contracts between Chinese and US firms. The US side is perhaps narcissistic about its 鈥渁rt of the deal,鈥 yet its tainted record in failing to keep its own words have alarmed the world. As a matter of fact, China is not the first victim of America鈥檚 acts of bad faith and trade bullying.
鈥楾he logic of gangsters鈥
Over more than a year, the US side has wielded a 鈥渂ig stick鈥 of protectionism, and coerced many of its trade partners, including South Korea, Canada and Mexico, into re-negotiating their long-existing trade agreements.
This bullying behavior has sent a clear signal: One can arbitrarily tamper with original contracts regardless of cooperation partners鈥 interests and concerns, as long as it has the power to do so. That is 鈥渢he logic of gangsters鈥 and 鈥渢he law of jungle.鈥 Such bullying has stirred global opposition, including from Washington鈥檚 allies in Europe.
When Washington decided to impose steel and aluminum tariffs on the European Union last year, the European Commission rebutted in a tweet, saying that 鈥淭he EU believes these unilateral US tariffs are unjustified and at odds with World Trade Organization rules. This is protectionism, pure and simple.鈥
Also, America鈥檚 bullying actions have gone far beyond multilateral economic and trade realms.
Since the Trump administration took power, Washington has backed away from a string of major international agreements and multilateral bodies, including the Paris climate accord, the UN Educational, Scientific and Cultural Organization, the UN Human Rights Council, and the Universal Postal Union.
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