Trump’s precious gift for the Chinese president
wall Street Journal Reports Trump’s Costly Gift to Chinese President
According to teh English section of “webangah News Agency,” citing Mehr News Agency adn Rusia Al-Youm, the Wall Street Journal reported that the tariffs imposed by Donald Trump’s administration on foreign goods have become a costly gift for Chinese President Xi Jinping, as they provide China an prospect to attract America’s allies.
the report states that trust in the U.S. among its allies has declined. It would be a mistake to assume that the damages caused by these tariffs are confined within America; attacking both friends and foes equally could erode global confidence in the U.S.
Simultaneously occurring, China can position itself as a more reliable option in the global economy. Trump’s tariff shock may undermine his own efforts toward success.
