Trade war: China put together a large coalition against the US


Beijing, seeking to create a broad coalition against Washington in the WTO, is trying to influence the United States through this organization and call to account for protectionism and disrespect for the rules of world trade.


The United States, defying the principles of international trade relations, is imposing protective duties and forcing foreign companies to comply with its own export regulations.

It is important to note that China's position on this issue is shared by many countries that are generally loyal to the US global dominance: Canada, Japan, Turkey, and the EU states. They account for about half of US exports, which is about 3,3 trillion dollars a year. In total, US foreign trade is estimated at about $6 trillion annually.

Thus, most of Washington's deals with other countries are carried out on the principle of double standards. Given the continued global dominance of the United States in the monetary sphere, the current state of affairs leads to imbalances in world trade. The unipolar world is becoming the reason for the excessive influence of the United States on global processes, which makes China and a number of other countries think about the transition to a multipolar world. It is quite possible that such a peace can only be achieved through a trade war.
  • Photos used: Ecow/wikimedia.org
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  1. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 19 December 2022 12: 33
    0
    About nothing. Trade wars are always going on, right now, even inside Russia .....
    It’s just that the general media almost don’t write about it ....
  2. anti-aircraft gunner 19 December 2022 12: 47
    -2
    The Chinese tiger was blown away when it lay down under the arrival of Pelosi. Now no one needs him as a strong and reliable partner. Can't defend or attack.
    1. soloist2424 Offline soloist2424
      soloist2424 (Oleg) 19 December 2022 14: 22
      +1
      And Pelosi's visit reminds me of a joke about the elusive Joe. Who needs this fool?
      1. anti-aircraft gunner 19 December 2022 14: 48
        -2
        She was a decoy. Well, or sacred sacrifice. China failed the test weakly. The whole world followed China's reaction. Most malevolently wished and expected, if not the destruction of the aircraft by an anti-aircraft missile, then at least coercion to land, detention and expulsion. But none of this happened. The movie ended quickly. And the popcorn, that is, the sediment, remained.
        The tiger is plush. And now the states are wiping their feet about him and kicking him from corner to corner.
  3. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 19 December 2022 18: 48
    0
    The WTO for the United States is one of the tools of political economic enslavement and world domination
    The WTO for the PRC is a tool for globalization and building a world society with a common destiny