Analysis of the U.S. tire special protection case: it can lead to losses for both China and the United States – Financial News – Italian Xinhua Times, Xinhua Media Network, sponsored by the Chinese Chamber of Commerce powered by www.huashangitaly.com

Although history has long proven that trade protectionism harms others and does not benefit oneself, some countries are more willing to take this psychedelic drug, thinking that they can temporarily forget the pain, even if it will cause endless side effects in the future. The tire special protection case has set a bad precedent. Next, we will face an even more severe cold wave of trade protectionism. Of course, we do not want to see an escalation of a global trade war and hinder the recovery of the world economy, but we must be prepared for the worst and shift the bargaining chip of economic growth from more foreign trade exports to expanding domestic demand and industrial upgrading. After all, only if the Chinese economy has smooth blood, active meridians, and a strong physique can it be unafraid of the severe cold and heat of the outside world.

Hemingway has a classic saying in “The Old Man and the Sea”: Now is not the time to think about what is missing, it is time to think about what you can do with what you have. When we face the difficulties caused by the economic cold wave, this sentence is worthy of everyone’s encouragement.

(Source: CCTV Economic Half Hour)

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