In a recent statement, Xing Yuqing, a professor of economics at the National Graduate Institute for Policy Studies in Tokyo, highlighted concerns over the U.S. \"America First\" policy. He argues that this approach reflects a lack of multilateralism and hinders collaborative efforts on the global stage. 🌐
President Donald Trump's slogan, \"Make America Great Again,\" has been a driving force behind the \"America First\" agenda. However, Professor Xing emphasizes that true progress in bilateral trade between China and the United States should come from negotiations rather than unilateral actions like imposing additional tariffs.
\"Trade benefits both China and the United States, and if the U.S. government is not happy with the status quo, it should engage in negotiations, similar to what was attempted during President Trump's first term,\" Xing stressed. 🤝
This perspective underscores the importance of dialogue and cooperation in maintaining and enhancing international trade relationships, especially between major economies like China and the U.S.
Reference(s):
Economist: 'America First' reflects its lack of multilateralism
cgtn.com
