少妇无码精品23p_亚洲一区无码电影在线观看网站 _悠悠色一区二区_中文字幕亚洲无码第36页

 

G6 plus 1 and the hubris of US unilateralism

By Sumantra Maitra
0 Comment(s)Print E-mail China.org.cn, June 11, 2018
Adjust font size:

U.S. President Donald Trump [Photo/Chinanews.com]

One of the chief causes for the fall of an empire is imperial overreach – resources and manpower spread thin, along with a battle against the entire world all at once. But a close second cause would be hubris –the idea that one can take over the entire world or even attempt to do so. As G7 starts and the U.S. trade war against its former allies heats up, it is time to ponder the wisdom of hubris. 

America finds itself isolated in this trade war, dubbed as "G6 plus 1" by a segment of the media. G7 itself is an anachronism, regarded as a group of seven wealthy nations, which for some baffling reason includes Italy as a member but not India or China. Nevertheless, G7 is considered a stretch of American economic power, a sort of force multiplier. 

But the discord among its allies is evident. The U.S. has faced major backlash over the imposition of tariffs on steel and aluminum from some of its staunchest allies, including the EU, Mexico and Canada. The tariffs were unilateral and are thought to be punitive, especially to the EU, which is not considered a potential rival to the United States. 

Canada was vehement in its protest of U.S. tariffs. Prime Minister Justin Trudeau took to Twitter to talk about how common sense would prevail in U.S. someday, as did Canada's finance minister, Bill Morneau, saying that this is not how allies are treated. 

Even Japan, one of the most steadfast allies of the U.S., rallied against unilateralism, displaying bipartisan opposition. Japan's finance minister, Taro Aso, was quoted by Reuters as saying, "I've been to these meetings for a long time. But this is a very rare case where opposition against the United States was unanimous." 

The U.S. secretary of the treasury, Steve Mnuchin, was given the task of sugarcoating the Trumpian barrage to their allies. Mnuchin explained that it was all part of an effort to "rebalance the U.S. trade imbalance" which while nicely termed, failed to explain how retaliatory measures would be offset. Are the American manufacturers and its steel and aluminum industry capable of carrying the burden of tariffs, which is essentially a tax on the U.S. citizens by another name? 

For example, the tariff on aluminum could mean an extra surcharge on common items like beer cans, which would hit American consumers. This is not to mention counter tariffs on U.S. exports. Funnily enough, all those who are paying metal tariffs now are NATO allies and partners – Britain, Canada, France, Germany, Italy and Japan – the result of a move which was supposedly meant to counter China and was justified by Washington as such. 

President Trump of course was less than benevolent on Twitter. On Monday, he rallied against Canadian import taxes, and said the U.S. will "WIN" this time, much to the bafflement of the Canadian minister of foreign affairs, Chrystia Freeland, who responded on U.S. television with a single word of incredulity: "Seriously?!"

Regardless, despite the drama of this trade posturing – and it is posturing, not a trade war yet – it has affected the EU and NAFTA partners more than competitors like China. This is understandable, as China has a competitive advantage over the U.S. due to its manufacturing and labor base being better positioned. 

The Trumpian economic mindset signifies a strategic perspective. By Trump's reasoning, American troops have been placed in Europe for European security, which means those countries need to act like American vassal states. 

Incidentally, in a head-to-head between equal or near-peer powers, like the one between China and the U.S., there will always be a possibility of an impasse. In other words, the U.S., while failing to do anything to China, in placing equally harsh measures on the EU, will only force Europeans who are used to American subsidies to look for better markets with other trade partners to offset those losses. In fact, that effect is already evident as visible overtures have been seen from the EU to China.

While China's manufacturing advantage means the chance of a deal between U.S. and China, the same is not true with Europe, which has no cards to trade with the U.S. and fewer chances of striking a grand bargain. 

Will the hubris of the U.S. only lead to its humbling on the world political and economic stage? We will, of course, find out in a few months. 

Sumantra Maitra is a columnist with China.org.cn. For more information please visit:

http://www.h5a3.com/opinion/SumantraMaitra.htm

Opinion articles reflect the views of their authors only, not necessarily those of China.org.cn.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
国产成人女人在线视频观看| 欧美激情影院| 精品国产香蕉伊思人在线又爽又黄| 久草免费在线观看| 天天做日日爱| 天天做日日爱夜夜爽| a级精品九九九大片免费看| 欧美激情伊人| 999精品在线| 黄视频网站在线免费观看| 久久国产精品只做精品| 日韩中文字幕在线观看视频| 日本免费区| 国产a视频| 日本免费看视频| 天天色成人网| 日日夜夜婷婷| 毛片电影网| 九九久久99综合一区二区| 999精品影视在线观看| 成人免费观看男女羞羞视频| 日本在线www| 亚洲女初尝黑人巨高清在线观看| | 欧美一级视| 日本特黄特色aaa大片免费| 91麻豆精品国产自产在线观看一区| 精品国产一区二区三区久久久蜜臀 | 国产高清在线精品一区二区| 亚洲第一色在线| 在线观看成人网 | 美女免费毛片| 四虎影视久久久| 一本高清在线| a级毛片免费全部播放| 黄视频网站免费看| 久久国产一久久高清| 国产福利免费观看| 一本高清在线| 国产精品免费久久| 黄视频网站在线免费观看| 久久福利影视| 成人免费网站久久久| 国产高清在线精品一区二区| 成人a大片在线观看| 亚洲www美色| 欧美一级视频免费| 黄视频网站在线观看| 黄视频网站在线观看| 亚欧乱色一区二区三区| 韩国三级香港三级日本三级| 欧美a免费| 99久久网站| 美国一区二区三区| 国产视频在线免费观看| 99色播| 四虎论坛| 久久久成人影院| 欧美激情一区二区三区视频 | 91麻豆国产福利精品| 欧美激情影院| 精品视频在线观看一区二区| 日本伦理网站| 成人免费高清视频| a级黄色毛片免费播放视频| 国产成人精品综合久久久| 精品久久久久久中文字幕2017| 99久久精品费精品国产一区二区| 日本免费区| 一本高清在线| 黄色短视频网站| 亚洲 激情| 成人影视在线观看| 精品久久久久久中文字幕一区| 中文字幕一区二区三区精彩视频| 国产一区精品| 亚洲 激情| 国产亚洲免费观看| 午夜在线亚洲| 精品视频在线观看一区二区| 国产一区精品| 国产一区二区精品尤物| 精品国产亚洲一区二区三区| 午夜欧美成人久久久久久| 日韩女人做爰大片| 国产91精品一区| 国产成人精品综合| 国产亚洲精品aaa大片| 久久成人性色生活片| 精品国产一区二区三区精东影业| 国产伦精品一区三区视频| 午夜在线影院| 国产一区二区精品尤物| 99色视频在线| 免费的黄色小视频| 国产美女在线一区二区三区| 四虎论坛| 日本久久久久久久 97久久精品一区二区三区 狠狠色噜噜狠狠狠狠97 日日干综合 五月天婷婷在线观看高清 九色福利视频 | 精品国产香蕉在线播出| 韩国三级香港三级日本三级la | 九九九国产| 91麻豆爱豆果冻天美星空| 黄色福利片| 一 级 黄 中国色 片| 色综合久久天天综合观看| 日韩女人做爰大片| 久久国产精品只做精品| 欧美日本国产| 欧美日本免费| 国产高清视频免费观看| 日韩在线观看视频网站| 精品在线免费播放| 亚飞与亚基在线观看| 韩国三级香港三级日本三级| 色综合久久天天综合观看| 91麻豆精品国产片在线观看| 你懂的国产精品| 日日爽天天| 日韩专区第一页| 久久成人性色生活片| 国产91丝袜在线播放0| 日本伦理片网站| 精品视频在线观看一区二区| 国产不卡高清| 天天做人人爱夜夜爽2020毛片| 国产成人啪精品| 国产综合91天堂亚洲国产| 国产欧美精品| 国产网站在线| 四虎影视久久久| 亚洲女人国产香蕉久久精品| 韩国三级视频网站| 91麻豆高清国产在线播放| 国产韩国精品一区二区三区| 欧美激情一区二区三区在线 | 日日夜夜婷婷| 天天色色色| 99色视频在线| 久久精品大片| 91麻豆高清国产在线播放| 91麻豆高清国产在线播放| 精品视频在线观看视频免费视频| 色综合久久天天综合绕观看 | 二级片在线观看| 麻豆网站在线看| 欧美另类videosbestsex久久| 91麻豆精品国产综合久久久| 欧美一区二区三区在线观看| 九九精品在线| 国产福利免费观看| 九九久久国产精品| 国产一区二区精品尤物| 国产福利免费观看| 精品在线免费播放| 四虎论坛| 日韩欧美一及在线播放| 国产精品123| 99热精品一区| 日韩中文字幕在线播放| 精品国产亚洲一区二区三区| 日韩av东京社区男人的天堂| 日韩中文字幕一区| 日本特黄特黄aaaaa大片| 亚洲天堂免费观看| 99久久精品国产免费| 可以免费看毛片的网站| 一本高清在线| 日本伦理片网站| 欧美大片一区| 999久久狠狠免费精品| 久久久久久久久综合影视网| 成人免费网站视频ww| 国产综合成人观看在线| 国产综合91天堂亚洲国产| 久久精品人人做人人爽97| 天堂网中文在线| 欧美激情一区二区三区在线播放 | 亚洲wwwwww| 黄视频网站免费观看| 精品视频一区二区三区| 精品国产一级毛片| 欧美1区| 亚欧乱色一区二区三区| 二级特黄绝大片免费视频大片| 成人高清视频在线观看| 香蕉视频一级| 精品在线观看国产| 国产国语在线播放视频| 国产精品自拍在线观看| 一级女性全黄久久生活片| 好男人天堂网 久久精品国产这里是免费 国产精品成人一区二区 男人天堂网2021 男人的天堂在线观看 丁香六月综合激情 | 亚洲www美色| 99久久精品国产麻豆| 国产一区二区精品久久| 国产伦久视频免费观看 视频| 天天做日日干| 精品国产一区二区三区久| 午夜在线影院| 亚洲天堂免费| 日韩男人天堂|