The state of the US economy has been the subject of global attention and heated discussion, and the rise in inflation has revealed the serious difficulties facing the US economy.
None of this is an unexpected event, in fact, the US recession is a long-term process, and the impact of the economy has continued since the financial crisis. The reason why the United States can provoke such a fierce economic contest mainly depends on its strong economic strength and the hegemonic position of the dollar.
The U.S. government uses comparative gross domestic product (GDP) data as a way of economic competition to try to assert its economic power on a global scale.
However, it backfired and did not achieve the desired effect of the United States.
The trade contest between China and the United States has also become an ongoing hot topic. In the face of a series of tariff measures by the United States, the Chinese government has adopted a series of targeted measures to resist US tariffs on mainland goods, aiming to safeguard national interests and market stability.
These measures have also made China gradually reduce its dependence on the US market, thereby weakening US containment, and at the same time providing China with more development opportunities. In fact, not only in trade, but also the data from China and the United States show a clear trend of change.
In the past, the mainland's exports to the United States were one of the main economic relations, but now, in this economic contest, we are gradually reducing our dependence on the American market. Instead, we turned our sights to a broader market and more partners.
Moreover, rising inflation in the United States and the trend of "de-dollarization" around the world have also made the United States lose its dominant position in the trade contest. The rise in inflation has had a negative impact on the purchasing power of the dollar, which could further weaken the influence of the United States in global markets.
In light of these changes, the United States has tried to turn the trade contest into negotiations through dialogue with China.
They hope to resolve the current economic contradictions through negotiations to achieve a win-win situation for both sides.
This is also the result that the international community is currently looking forward to, because it is believed that the settlement of economic disputes through dialogue and cooperation will be more conducive to the stability and development of the global economy. In short, the state of the US economy has aroused global attention and heated discussion, and the inflation rate has revealed the difficulties facing the US economy.
The United States provoked the economic contest mainly by its economic strength and dollar hegemony, but it did not achieve its wishes. At the same time, the Sino-US trade contest continues to heat up, and the mainland has resisted US tariffs through a number of measures and gradually reduced its dependence on the US market.