The Conservative-leaning Wall Street Journal editorial board, following months of warning is fed up with Trump's tariff plan—and is responding accordingly clear message To the administration: You’re now working on revitalizing China’s greatness once more.
Trump’s tariffs are poised to "change the world order in many ways," the board said. And "one winner is already emerging" — Xi Jinping, the autocratic ruler of China, who had an "excellent week."
Trump is poised to tank the U.S. economy and drive many American allies right into China's arms.
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The article primarily discusses the countermeasures implemented by Beijing after Wednesday’s ‘Liberation Day’ event at the White House on Friday. Starting next week, China plans to enforce an across-the-board 34% tariff on all goods imported from the United States, mirroring President Trump’s recent escalation of tariffs against Chinese products," stated the editorial board. "Additionally, Beijing has included multiple US corporations on different regulatory blacklists which could lead to limitations regarding trade, investments, or exports. Furthermore, President Xi Jinping is implementing export curbs on certain key rare-earth elements essential for advanced technology production. Moreover, numerous ongoing regulatory probes concerning anti-dumping practices and similar issues have been initiated against American businesses.
ALSO READ: "Not much I can do": Republican senator abandons battle against Trump's tariffs
This all occurs at a time, as the board noted, when China's economy was precarious. The real estate market was in ruins. , and it seemed that all America had to do to claim victory in the rivalry was let things take their natural course.
"The board stated that Mr. Xi likely feels confident about securing alternative suppliers for crucial imports, particularly as the U.S. is imposing tariffs globally,” adding “China’s autocratic structure allows Mr. Xi to endure potential political or societal discomfort arising from increased joblessness or sluggish economic expansion due to a trade conflict. Congress members of the Republican Party will encounter their constituents soon after experiencing any repercussions stemming from Mr. Trump’s tariff policies. Additionally, Mr. Xi may capitalize on rallying nationalistic feelings towards the United States.”
In conclusion, the board determined that Trump is ultimately confirming Xi's highest expectations regarding the West's susceptibility.
The board determined that Mr. Xi and his communist allies have consistently viewed the West as weakened, fractured, and losing ground," they stated. "This week’s events will reinforce that belief for him, requiring minimal effort on his part to capitalize on these fissures.
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