Despite widespread criticism and high volatility in U.S. stock markets after tariff hikes, the White House clarified on Thursday that the total effective tariff rate on Chinese imports had climbed to 145 percent. China has repeatedly stated its solemn position on the tariff issue. Tariff and trade wars have no winner. China does not want to fight these wars but is not scared of them.
History has long proven that those who build walls often find themselves trapped behind them, and those who wield a big stick eventually harm themselves. The U.S., brandishing "reciprocal tariffs" like a spiked club, is striking at the dominoes of the global trade system. As these interconnected dominoes fall one after another, the one ultimately buried beneath the collapse will be the arrogant hand that toppled the first.
















































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