The global economic terror reflects the global hegemony of China has unmasked after Beijing spread the hand everywhere. The illegal islands built and militarized in the international waters raise the grave concern of the neighbor countries and the maritime transport entering Asia. China ignored the international court after Philipinnes claimed, moreover the One Belt and One Road’s plan of China that couldn’t hide the rapacious ambition and China dream to control the world.
After President Richard Nixon visited Beijing in 1972, China communist regime exploited the trade ties and diplomacy, those created an opportunity for the inhumane regime made the Journey to the West then China developed and stole the technology. The den of thieves boomed economy from the enemy’s method with the ugly economic pattern:” free market is led by socialism”. Therefore, China has never confessed the failure of Karl Marx’s theory and Maoist’s thoughts, instead, Beijing prides the economic outcome by showing the vigor of economy and money.
China’s growth means the Western lost the profit, nevertheless, China has used the economy of the enemy as the potential weapon to transform the Western to be China’s economic vassals. China’s products have submerged the global market, the local products to be killed and the high unemployment rate that shows the danger of China in the world. Moreover, the spy networks hide under multiple faces as businesses, organizations and the others have operated worldwide. Actually, the political donations threaten the national interest of the counterparts. Australia awakened after many scandals discovered as Labor Senator Sam Dastyari who exchanged the classified with a trip.
From the US’s embargo lifted, China becomes the most threat in the planet, the UN has been cornered by Beijing, the UN Security Council couldn’t obtain the right function for peace and solve the conflicts when China and Russia often vetoed the resolutions linking to China and Russia’s vassals. After nearly a half-century joining the free market, the Western countries seemed falling into the hand of China, the deep economic relation plus money because an opportunity for China subverts the economy and bullies the independence when the counterparts became the unofficial vassals of Beijing.
President Donald Trump adjusts the US economy and global market that based on the fair trade. It is not the trade war as the left media and China label, actually, China angers when the interest lost. China’s foreign minister Wang Yi reacted:” choosing a trade war is surely the wrong prescription”. Mr.Wang Yi threatens on the Annual National People’s Congress session:” China will certainly make an appropriate and necessary response if the tariffs are put in place”.
The new tariffs purpose to correct the US economy after the long term was controlled and subverted by foreigners, actually China deeply influences the US’s market. The adjustment of tariff issues on import products as steel and aluminum are among the protection policy of the US.
The tariff taxes on steel and aluminum are flexible, President Donald Trump suggested some allies as Australia, New Zealand, Australia and Japan plus Canada, Mexico might be spared. Therefore the other nations are not taking any chances. Certainly, China worries the new tariffs could decline the profit and hampering the global hegemonic strategy. During the new tariffs issued, the US Secretary of State Rex Tillerson travels 5 Africa nations, he warns the countries are aware China’s investment.
The new tariffs released, some nations will be affected by the steel and aluminum react and oppose. While President Donald Trump is examining the exemption, Australian governor of the Reserve Bank is Mr. Philip Lowe slammed the US and he called the world resist plus the retaliation. Mr. governor of Australia Reserve Bank hurried and he couldn’t predict in just a few days after the new tariffs released, President Donald Trump gives the exemption for Australia and allies. The Australian people doubt the boss of financial management of the national monetary firm, in the passage of time, the Vietnam Polymer note’s corruption has raised the concern about Reserve Bank of Australia.
How could some nations retaliate the US? Mr. Governor Reserve Bank of Australia Philp Lowe may learn a French proverb quotes:” turning the tongue seven times before speaking” (Il faut tourner sept fois sa langue dans sa bouche avant de parler) or” you should count to ten before speaking”. The world’s heavyweight economists as IMF, Madam Christine Lagarde has not raised the voice, therefore, Mr. Governor of Reserve Bank of Australia slammed the US.
The US is the strongest economy on the planet, actually, US possesses dollar that the most credit currency in the world. Nevertheless, 300 million US people plus the generous spending are the upper hands. Instead, Europe and China people couldn’t spend much as US market.
China and Europe made the profit from the US’s consumption. Europe couldn’t sell much the car to China as the US. The new tariffs bring back the job and returning loss of profit to be robbed by foreigners, actually, China has bullied a long time. The US’s economy adjustment reflects on the tariffs that could create the fair trade and the fair deal with allies. Nevertheless, every currency has to base on the US dollar and the Stock Exchange at Wall Street is the center of finance in the world./.