Monday, April 21, 2025

China Strengthens Global Trade Partnerships as US Shifts Toward Protectionism

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As the United States moves away from global trade leadership, China drives inclusive global trade through expanded cooperation. The U.S. has recently adopted more protectionist policies, including steep tariffs and economic pressure on trading partners. Meanwhile, China is working hard to build stronger economic ties around the world.

According to economist Zhang Yansheng, the U.S. believes it has been treated unfairly in global trade. As a result, it launched a series of tariff actions targeting about 60 countries. These measures affected allies and competitors alike, sparking global concern.

On April 9, the U.S. introduced “reciprocal tariffs,” followed by a temporary 90-day pause for some partners. However, tariffs on Chinese goods soared to 145 percent. A 10 percent tariff introduced earlier on April 5 remains in effect for most U.S. imports.

Zhang criticized the U.S. strategy, saying it relies on “brute force” to shift trade burdens onto others. He pointed out that the U.S. dollar’s global role depends on trade deficits, yet the U.S. ignores this reality. Instead of supporting open trade, Washington appears to be dismantling systems it once built.

In contrast, China drives inclusive global trade by focusing on cooperation and domestic growth. Zhang noted that increasing household income and improving social safety nets are top priorities. These steps will support stronger domestic demand and ease public pressure in key sectors.

China also aims to become a global market hub. Nations looking for new growth are turning to China for opportunity and stability. This creates a cycle of cooperation, where better infrastructure and shared growth lead to mutual prosperity.

Since April 8, Chinese officials have engaged in trade talks with the EU, ASEAN, and other major partners. These discussions focus on resisting U.S. pressure and enhancing joint economic ties. China is also deepening ties with Brazil, South Africa, and Saudi Arabia.

Zhang stressed the need for global unity in trade. He urged countries to support open systems and fair growth. The world, he said, must avoid isolating wealth and instead build shared futures.

In this new phase, China drives inclusive global trade by choosing openness over division. With stronger global partnerships, China is reshaping the future of international commerce.

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