In the past, the United States was shouting that it would attack China and encircle China. Unexpectedly, what the United States has not done has been done by China at the moment. What worries Trump even more is that it was originally intended to scare China, but now it has become the hottest potato in the United States. Compared with US debt, the biggest crisis has occurred.
For the United States, the situation that it is the decoupling between China and the United States, but it has been threatening China with tariffs. Unexpectedly, China and the United States are easy to attack and defense at the moment, and it is the United States' turn to be anxious. Trump has completely ruined it?
China and the United States have a showdown!
If what is the situation Trump does not want to see most at the moment, it is that Sino-US trade is gradually decoupling, because this is Trump's biggest trump card, but unexpectedly, the United States just talks about it, but China has achieved it.
Recently, according to relevant media reports, Sino-US trade relations have ushered in a historic turning point, that is, according to data from the General Administration of Customs, China's exports to the United States plummeted by nearly 33.1% year-on-year in August, and this decline has expanded by about 11.4% compared with last month.
When it comes to the import side, it is directly reduced by 16%. It can be said that this data is like a bolt from the blue for the United States.
Some people may say that the United States has always wanted to decouple and break its links with China, and has always wanted to encircle China on the trade side. Now that we see that China's exports to the United States have declined, shouldn't the United States be happier?
In fact, what the United States wants to see more is that China's foreign trade only relies on the United States, that is, it hopes that one will dominate. In this way, the United States can point fingers at China and thus threaten China. This is why, when the United States launched a trade war in 2018, China wanted to reach an agreement with the United States.
But nowadays, it's different for China. Because China's trade exports to the United States fell by nearly 33%, but the overall decline was not obvious, while the United States only pulled down China by nearly 5.1 percentage points, which means that the United States can no longer do it through trade pressure.
And the current tariffs on China are still around 44%, which means that the United States has already played all the cards it can play, but there is still no problem with China's economy. This is the most critical for the United States.
And don't forget one thing, is the United States launching a tariff war really decoupled from China's trade? In fact, it is not, because to the United States, China is more important than anyone else. In addition to the support of the US military hegemony, the most core pillar of the current dollar hegemony is China's commodity trade.
China imports massive amounts of energy and spends the dollars earned in its hands, thereby helping the dollar globalize. On the other hand, it sells Chinese goods to the United States in exchange for dollars. In turn, it supports the consumer market in the United States. It can be said that China is the most important thigh of the hegemony of the US dollar.
And this connection point is actually Sino-US trade. Without Sino-US trade, why does China still charge US dollars? Without Sino-US trade, why would China help the internationalization of the US dollar?
So, for the United States, China is more important than anyone else, and the United States relies more on China. This is why Trump has always said that China-US relations are good. In fact, to put it bluntly, it is because the US dollar currently needs China to distribute globally, and at the same time, it also needs China to help the US overcome difficulties.
On the other hand, the United States wants to threaten China through tariffs, thereby suppressing China's industrial upgrading. But the United States is messing around now because the situation that the United States least wants to see has emerged.
China and the United States are easy to attack and defend
The United States has always said that it would sanction China, but in fact it does not want to decouple and break the chain from China. For China, it is more important than the United States.
Because although it has been suppressing China in the past, it has given China some hope. Since it is that as long as you surrender, it can be exchanged for the understanding of the United States, and we don’t have to pay a greater price, after all, the price is risky.
But this brings a result, that is, China can only stay in the comfort zone defined by the United States for China, and thus cannot exert its strength. But unexpectedly, the US tariff war changed all this. Not only does it force China to innovate independently, but more importantly, it forces China to globalize its trade.
This means that the United States is no longer China's only dependence, and China will still live better without the United States. And more importantly, without the United States, it has opened up space for China to imagine.
In the past, we were relaxed and had an American market. But we have to pay a huge price to work for the United States and finally be exploited by the US dollar. Now, China has taken this step, and there is no problem with China's economy.
This will only increase China's determination and confidence to a certain extent. It can be said that the most important thing for a country is courage. We used to be used to the US dollar system, but we didn’t have the courage to be born, but now we are out. This means that we are no longer controlled and influenced by the United States.
At this time, it was the United States' turn to be anxious, because in the past, the United States told us that as long as we leave the United States, China's economy will inevitably collapse. This is also the case. At this time, surrendering to the United States will be the lowest price, such a thing.
But now it has changed, because reality tells us that it is not terrible to take this step. What is more important is that if we take this step, China will develop better. This is what the United States is most worried about, because it means that the biggest help of the dollar system is being lost.
The next thing we welcomed the United States is that its control gradually weakened. It can only be said that the original US intimidation of China was done by China, and now it is the US turn to worry again. It can only be said that the good days in the United States are over, and the United States should recognize the reality. Now may be the time when the United States has the lowest price for surrender, so it is hard to say about the future.
