(Source: "Oriental Time and Space" 2025-03-30)

At the critical juncture of the current global economic pattern and the undercurrent of trade protectionism, the direction of the international economic situation always touches the nerves of countries around the world. March 30,Tu Xinquan, Director of China WTO Research Institute, w88 sports betting of International Business and EconomicsAccording to an interview with CCTV's "Oriental Time and Space" program, analyzing and interpreting a series of current tariff measures in the United States and changes in the global economic landscape.

After Trump took office, the US tariff stick flew to the world, which triggered a strong backlash from domestic and traditional allies in the United States. Why did Trump act so unyieldingly?

Tu Xinquan said that Trump’s logic now is that he wants to dismantle the global supply chain network. Because he believes that under this global system, the United States is at a disadvantage.

At the beginning of this year, due to concerns about the increase in import costs, U.S. importers stocked up in large quantities. According to data from the U.S. Department of Commerce, the U.S. trade deficit rose 34% month-on-month in January, the biggest increase since March 2015.

It is worth noting that Trump also linked tariffs to multiple issues such as illegal immigration and fentanyl. Analysts believe that Trump attempts to use tariffs as a bargaining force to achieve his diplomatic and political purposes.

Attached the original interview video link: https://app.cctv.com/special/m/livevod/index.html?vtype=2&guid=7ee09abc9cb1449883b4420f9915768f&vsetId=C10313&sessionid=952425817.