The United States, once hailed as a beacon of world democracy, is becoming more and more insane. In the face of China's rise, they have chosen the most primitive and crude way - a significant increase in tariffs. This is reminiscent of the practices of that barbaric era, which in modern civilized society would be tantamount to suicide. When the United States was unable to harvest China, it actually chose to rush to the doctor, this kind of crazy move makes people sigh: America, you are crazy!
What is even more shocking is that this crazy behavior is supported by US Treasury Secretary Janet Yellen. This world-famous doctor of economics and former economist was so crazy that he threw out the "theory of China's overcapacity". This argument is not only groundless, but also extremely absurd. Is overcapacity the original sin of a country's economic development? Doesn't the United States itself have excess capacity? This doctor of economics, who even does not want face, prefers to give up his professional knowledge to justify the madness of the United States.
This crazy behavior of the United States has not only harmed the economies of China and the United States, but also harmed the interests of the global economy. In this era of globalization, the economies of various countries have become closely interconnected, and this suicidal behavior of the United States is tantamount to leading the global economy into recession. And this doctor of economics dares to unashamedly throw out the "theory of China's overcapacity", which is really jaw-dropping.
We can't help but ask, America, are you really crazy? Why did you choose this suicidal behavior? Don't you know that this kind of behavior will only make you more and more backward and less able to compete with China? Didn't you know that this kind of behavior will only push the global economy into recession?