US trashes global system for its own privilege
Editor's note: Only one day after the conclusion of the 12th round of trade talks between China and the United States, the US threatened on Thursday that it would levy 10 percent tariffs on the remaining $300 billion worth of Chinese goods starting from Sept 1, in total disregard of the "constructive tone" in bilateral negotiations in Shanghai. Zhong Sheng, a columnist for People's Daily, comments:
Today, the US administration does not hide its obsession with the privileges enjoyed by the US, and it is even willing to destroy international rules and systems to maintain them.
With the trade frictions it has unilaterally provoked and escalated with other countries, its exit from one international organization and agreement after another, and its resorting to protectionism and unilateralism, the US administration is constantly overdrawing the US' international credit, vandalizing the rules-based international order and hindering world economic cooperation.