Stunned! How will China break the deadlock in this great power game?

In today's complex situation of great power competition, the Eastern power has shown a firm and tough stance. The Trump administration just announced today an increase in tariffs, and the Eastern power immediately implemented countermeasures, clearly intending to adopt a strategy of prolonged warfare, waiting for the U.S. stock market and job market to falter, hoping Trump will relent.

Who could have predicted that Trump's strategy would be so "off the beaten path"? He suddenly announced a temporary exemption from tariffs for all other countries in the world, leaving only the tariffs on China unchanged. This move not only caught China off guard but also left retail investors globally scratching their heads, exclaiming: Can it be done this way? Stunned, can we really operate like this? Messing around?

But don't underestimate China's wisdom and ability to respond. Previously, an export product valued at 10 yuan, if subjected to a 2 yuan tariff, might now be declared by Chinese export companies at a price of 3 yuan upon customs declaration (while the actual product value remains 10 yuan). In this way, even if the U.S. imposes a 100% tariff, the tariff cost only increases by 3 yuan. Some local governments might even take a tacitly permissive attitude towards this reasonable tax avoidance method.

Currently, the focus of attention is whether China will continue to implement reciprocal countermeasures today. However, given Trump's series of unexpected actions, it is highly likely that China will actively seek a path for negotiation. After all, such a high tariff rate is not sustainable in the long run and will ultimately need to be negotiated down through bilateral talks. We sincerely hope that this trade turmoil can be resolved soon, allowing the global economy to return to a stable development trajectory.