US-China trade war: Fight between snake and saw

CGTN Published: 2018-08-13 20:27:17
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Editor's note: Dr. Summer, who has a doctoral degree in communications from the Communication University of China, has been working in the field of international journalism for 30 years. The article reflects the author's opinion, and not necessarily the view of CGTN. 

[Cartoon: CGTN/Li Jingjie]

[Cartoon: CGTN/Li Jingjie]

The Trump administration announced on August 7 that it is moving forward with a 25 percent tariff on 16 billion US dollars in Chinese goods, further escalating a trade war with Beijing. The new tariffs, which will take effect on Aug. 23, are the second round of duties that the US has imposed on Chinese goods in a dispute over trade deficit and other issues. An initial round of tariffs was placed on 34 billion dollars of Chinese products on July 6.

China struck back the next day at the US with 16 billion dollars in retaliatory tariffs on US imports, exactly matching the US move.

Although President Trump has claimed that “Tariffs are working far better than anyone ever anticipated,” it’s been reported by NBC’s Ben Popken that Trump's aggressive tariff plan has done little to curtail China's roaring export trade: Official data released on Wednesday indicate China exports rose by 12 percent year on year while an AP tweet put the figure at 13.3 percent for July.

[Screenshot: CGTN]

[Screenshot: CGTN]

According to the US media, President Trump is considering more tariffs, which could be levied in September, following a public comment period.

Meanwhile, some Chinese and American economic and trade experts have pointed out that if Trump really wants to solve the trade deficit problems with China, he should adopt effective measures to reshape the American industrial sectors and to change the consumption patterns of the American people. They are criticizing the Trump administration’s trade war as not only hurting the economies of the two countries, but also rattling global markets.  

The ongoing US-China trade war reminds me of a short story I read on Wechat titled “Snake and Saw.” It goes like this: one day, a snake slithers onto a saw. It feels a pain as its body passes through the saw. The snake turns around and takes a bite at the saw, only to get hurt by the sharp teeth of the iron tool. The snake becomes angry, thinking that it’s attacked by the saw. 

As a natural response, the snake winds its body around the saw, in an effort to strangle the latter. But unfortunately, the harder the snake squeezes the saw, the deeper the saw’s teeth cut into the snake’s body. Finally, the snake is killed by its crazy reaction to the saw.

A lesson from the story is that whenever we encounter a problem or challenge, we should think rationally to find a better solution instead of venting anger by attacking others as this often leads to nowhere but failure.

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LU Xiankun Professor LU Xiankun is Managing Director of LEDECO Geneva and Associate Partner of IDEAS Centre Geneva. He is Emeritus Professor of China Institute for WTO Studies of the University of International Business and Economics (UIBE) and Wuhan University (WHU) of China and visiting professor or senior research fellow of some other universities and think tanks in China and Europe. He also sits in management of some international business associations and companies, including as Senior Vice President of Shenzhen UEB Technology LTD., a leading e-commerce company of China. Previously, Mr. LU was senior official of Chinese Ministry of Commerce and senior diplomat posted in Europe, including in Geneva as Counsellor and Head of Division of the Permanent Mission of China to the WTO and in Brussels as Commercial Secretary of the Permanent Mission of China to the EU. Benjamin Cavender Benjamin Cavender is a Shanghai based consultant with more than 11 years of experience helping companies understand consumer behavior and develop go to market strategies for China. He is a frequent speaker on economic and consumer trends in China and is often featured on CNBC, Bloomberg, and Channel News Asia. Sara Hsu Sara Hsu is an associate professor from the State University of New York at New Paltz. She is a regular commentator on Chinese economy. Xu Qinduo Xu Qinduo is CRI's former chief correspondent to Washington DC, the United States. He works as the producer, host and commentator for TODAY, a flagship talk show on current affairs. Mr. Xu contributes regularly to English-language newspapers including Shenzhen Daily and Global Times as well as Chinese-language radio and TV services. Lin Shaowen A radio person, Mr. Lin Shaowen is strongly interested in international relations and Chinese politics. As China is quite often misunderstood in the rest of the world, he feels the need to better present the true picture of the country, the policies and meanings. So he talks a lot and is often seen debating. Then friends find a critical Lin Shaowen criticizing and criticized. George N. Tzogopoulos Dr George N. Tzogopoulos is an expert in media and politics/international relations as well as Chinese affairs. He is Senior Research Fellow at the Centre International de Européenne (CIFE) and Visiting Lecturer at the European Institute affiliated with it and is teaching international relations at the Department of Law of the Democritus University of Thrace. George is the author of two books: US Foreign Policy in the European Media: Framing the Rise and Fall of Neoconservatism (IB TAURIS) and The Greek Crisis in the Media: Stereotyping in the International Press (Ashgate) as well as the founder of chinaandgreece.com, an institutional partner of CRI Greek. David Morris David Morris is the Pacific Islands Trade and Investment Commissioner in China, a former Australian diplomat and senior political adviser. Harvey Dzodin After a distinguished career in the US government and American media Dr. Harvey Dzodin is now a Beijing-based freelance columnist for several media outlets. While living in Beijing, he has published over 200 columns with an emphasis on arts, culture and the Belt & Road initiative. He is also a sought-after speaker and advisor in China and abroad. He currently serves as Nonresident Research Fellow of the think tank Center for China and Globalization and Senior Advisor of Tsinghua University National Image Research Center specializing in city branding. Dr. Dzodin was a political appointee of President Jimmy Carter and served as lawyer to a presidential commission. Upon the nomination of the White House and the US State Department he served at the United Nations Office in Vienna, Austria. He was Director and Vice President of the ABC Television in New York for more than two decades.