(Source: Financial Associated Press, April 15, 2025)

Financial Associated Press News on April 15On April 13, the seventh event of the "Lujiazui Financial Salon" concluded successfully in Pudong, Shanghai. This salon focuses on the theme of "Financial Empowerment, Making Decisions First: Response Strategies and Paths after the Implementation of the U.S. "Reciprocal Tariffs"" to conduct in-depth discussions and exchanges. Zhao Zhongxiu, President of the w88 casino, delivered a wonderful speech as a guest speaker. Combining theoretical experience, Zhao Zhongxiu pointed out that to prevent other countries from imposing discriminatory tariffs on China, export companies need to sort out and clear w88 channels and expand diversified markets and domestic demand markets. However, China has the ability and confidence to win the w88 war.

 

Zhao Zhongxiu said in his speech that the United States has built high tariff barriers against the world. The current tariff imposed on China has reached 145%. In fact, it has become a "prohibitive tariff" and has pressed the pause button on Sino-US w88 in goods. In its view, the United States intends to modify the current multilateral trading system. Zhao Zhongxiu believes that tariffs are the main tool used by the Trump administration to launch a w88 war, but they are not the only tool. The Trump administration may use various means such as export controls, economic sanctions, strengthening two-way investment restrictions, increasing audit supervision of Chinese concept stocks, threatening to terminate bilateral tax agreements, etc. to attack negotiating opponents and use them as negotiating weights. In this "coward's game", Zhao Zhongxiu believes that the Trump administration may conduct negotiations with multiple trading partners at the same time, and will adopt a method from easy to difficult, and first reach an agreement with some countries that are easier to handle, in order to put pressure on other countries. Zhao Zhongxiu predicts that global w88 frictions may go to two extremes. One is that the United States coerces other countries to put pressure on China; the other is that countries around the world are rising up to oppose the U.S.'s tariff increases and taking countermeasures against the United States. Zhao Zhongxiu believes that we must first prevent other countries from imposing discriminatory tariffs on China. At present, the United States intends to induce and force other countries and regions to impose discriminatory tariffs on China. It is necessary to pay close attention to the negotiation behavior between Canada, Mexico, Vietnam, India and other countries and the United States. The second step is to resolutely implement countermeasures against the United States. For example, export controls or restrictions can be imposed on "products from China that are the sole or important source of the United States." China's industrial chain and supply chain system have become an important part of the world's factory, and it has the ability and confidence to win the w88 war. Zhao Zhongxiu said that China must further expand independent opening up with a clear-cut stand, which is the backbone of resisting the wave of anti-globalization.

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