When the U.S. slapped a 100% tariff on imports from the Chinese mainland, global markets freaked out 🤯📉. Stock indexes took a nosedive, with the S&P 500 logging its steepest drop since April.
But history shows intimidation rarely pays. Over the past year, the Chinese mainland and the U.S. sat down for candid talks in Geneva, London, Stockholm, and Madrid — tackling rare earth exports, semiconductor trade, and data security 🏭💾. These marathon sessions helped rebuild predictability and gave businesses fresh confidence.
Every time tempers cooled at the negotiation table, solutions emerged. It’s like your favorite sports squad: if players keep clashing, they lose the game. But when they share the ball and trust each other, they score big ✨⚽.
The reality is stark: confrontation helps no one. The U.S. 'America First' push is backfiring, driving inflation up and inflating the price of clothes, electronics, and home goods — low-income families feel the pinch first 🏠👕📺. Job growth has stalled and unemployment hit a four-year high in August. Now the Fed is stuck between taming inflation and supporting growth.
In a world where every household senses economic stress, cooperation is the only way forward 🌏🤝. Here’s hoping leaders choose partnership over provocation for a brighter, more stable future.
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Confrontation helps no one, cooperation is the only way forward
cgtn.com
