日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Video

The worst peace is better than the best war

CGTN | Updated: 2018-09-08 19:59
Share
Share - WeChat

Meet Mark Foster in Pennsylvania and Cao Wei in Henan Province. They are the first casualties of the trade war.

Mark, 55, lost his job to tariffs on steel and aluminum. The hard part was not only losing his job and money, but his independence. His company used pricy American steel, which led to higher production costs in the face of spiking tariffs, and resulted in job cuts.

Cao Wei, 56, runs a pig farm in China and is struggling with his farm business as soybean feed prices have shot up by 20 percent in recent months. He uses American soybeans, which were once cheap.

Both Mark and Cao are like Tom Joad in John Steinbeck’s “The Grapes of Wrath.” They are kind, smart, ambitious and full of energy. They work their butts off for a better life. But their chances could be cut short by bad policies made for political convenience. Some leaders try to suppress the economic truth and they need to be told so.

Yes, they are all ears in Washington. Dozens of companies voiced concerns to the United States Trade Representative’s office on the administration’s plan to impose tariffs on a wide array of Chinese imports. Several blocks away, Chinese commerce officials met their American counterparts on how to stop the bleeding. But will they really listen?

It reminds me of the story about a scorpion and a frog. They both want to cross a river. But the frog is afraid of being stung. The scorpion argues that should it sting, they would both drown. An agreement to work together!

But is this where we are headed? According to estimates by Oxford Economics, tariffs from both sides will knock at most 0.2 percent off each country’s growth rate this year. That may not sound like a big deal, but both sides are betting it will hurt the other more, and so it has become a pain endurance contest.

White House trade adviser Peter Navarro and US Trade Representative Robert Lighthizer have said the darkening cloud over China’s economy is a reason for the US to delay negotiations; Chinese analysts estimate America is less tolerant of pain because of its divided politics.

So is time on either’s side? I doubt it. Already investors are puzzled, employers hesitant and consumers hurt, but most worryingly we are less sure about ourselves. Tariffs are like nicotine, hurting slowly, but killing eventually.

Halfway across the river, the scorpion still stings the frog, dooming them both. The frog asks the scorpion, “Why?” The scorpion replies, “It’s in my nature.”

Actually, nobody is immune to the combative animal spirit. But we know better than to succumb to the urge because we owe this to our history and our people. Both China and the US are crossing the river of economic uncertainties. They need to rein in the impulse to sting and use their brains and courage to wade through the water. Even the worst peace is better than the best war.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美一级α | 91网站免费观看直播 | 深夜你懂的在线网址入口 | 欧美综合中文字幕久久 | 在线观看亚洲一区二区 | 电视剧全部免费观看 | 5c5c5c精品视频在线观看 | 国产精品揄拍100视频最近 | 久草综合在线视频 | 亚洲欧美bt | 欧美精品黄页免费高清在线 | xvideos korean| 极品一级片 | 久久影城| 国产免费高清无需播放器 | 性久久久久久久久波多野结衣 | 久操网址 | 久久99欧美| 免费人成年短视频在线观看免费网站 | 久久成人一区二区 | 国产视频高清在线观看 | 色吧久久| 欧美一二三区在线 | 波多野吉衣一区二区三区四区 | 亚洲综合色在线 | 久久男人的天堂 | www.久久草 | 中文字幕在线一区二区三区 | 96久久久久久| 黑色丝袜三级在线播放 | 波多野结衣中文字幕视频 | 91激情视频| 欧美成人四级hd版 | 国产精品久久国产精品久久 | 亚洲热线99精品视频 | 欧美中文字幕一区二区三区亚洲 | 香港午夜三级a三级高清观看 | 久草在线视频资源站 | 成人黄色网址 | 色情女教师3波多野结衣 | 欧美电影网站在线观看影片 |