(Source: CCTV Finance Review 2025-04-07)

Editor's Note:Breaking against market principles and WTO rules, the United States announced the abuse of tariffs on all trading partners, including China, under various excuses, which damages the rule-based multilateral trading system and impacts the stability of the global economic order. With firm response, China will continue to promote high-level opening up, share development opportunities with the world, and have new potential for mutual benefit and win-win results.What negative impacts does the United States have on global economic and trade? How to deeply explore and leverage the advantages of super-large-scale markets and concentrate on doing your own thing?Zhao Zhongxiu, President of the w88 online casino betting of International Economics and Trade, was a guest at CCTV Finance Review to analyze the impact of the US tariffs on global economy and trade and China's response measures。

The US has increased tariffs and "reversed" the multilateral trading system is "very hurtful"

Host: What kind of damage has the United States’ abuse of tariffs brought to the rights and interests of political parties and the multilateral trading system?

Zhao Zhongxiu:This so-called reciprocal tariff implemented by the United States is very deceptive. It is actually unequal and does not take into account the actual management level of the project at all.

Continue to promote high-level opening up and firmly support the multilateral trading system

Host: In the context of the US reciprocity relationship impacting global trade rules, how should our country adhere to the multilateral trading system and continue to promote high-level opening up to the outside world?

Zhao Zhongxiu:The diversified trading system has suffered an unprecedented impact, which can be said to be a bit in turmoil. In such a storm, who can be the mainstay?

Give full play to the advantages of super-large-scale markets and inject more certainty into the world

Host: As the world's second largest economy and the second largest commodity consumption market, how should we leverage the advantages of the domestic super-large-scale market, continue to boost consumption, and expand domestic demand?

Zhao Zhongxiu:On the one hand, China is the second largest economy in the world and the second largest consumer market in the world, and demand and consumption are real. In the next step, we will take many stable measures, such as increasing income, expanding consumption, expanding the scope of consumption, improving the quality of consumption, and ensuring the consumption environment.

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