The plot of the US presidential election has reversed again. In desperation, Trump once again played the "containment of China" card.
According to the latest poll data, although Trump still has the advantage in 11 polls, the gap between him and Harris is narrowing. It is really suspenseful to know who will be elected as the next US president.
For Trump, this time he does not have the absolute advantage that he did four years ago. After all, after a series of twists and turns, even if he loudly promotes his "political achievements", it is difficult to completely crush Harris.
For the Democratic Party, a small victory is still a victory. After all, with Biden's poor performance and support rate lagging behind by seven percentage points, Harris's rapid rise and narrowing of the gap is already a "big reversal" without any danger.
Seeing that he might lose to Harris, Trump got anxious and once again played his best "trump card" - issues related to China.
At the Bitcoin 2024 conference held in Nashville, Tennessee, Trump loudly declared that he would make the United States the world leader in cryptocurrency and threatened to impose a 60% tariff on China. For a time, public opinion was in an uproar.
Trump's tactics are not new. What shocks the public is that the United States can always link everything to China.
At the conference, Trump said that he wanted to make the United States the "cryptocurrency capital of the earth." He said that if he was elected, he would set up a cryptocurrency advisory committee.
He further emphasized that if the United States does not embrace cryptocurrency and Bitcoin technology, then China and other countries will snatch away the United States’ opportunities, and the United States must not let China dominate!
Once upon a time, Trump had a lot of complaints about cryptocurrencies, even saying that they were "rootless and had large fluctuations in value." But now he has changed his tone.
Obviously, Trump is trying to use the cryptocurrency field to win votes for himself. After all, although this part of voters is small, their online influence and financial strength cannot be underestimated. And this is also a strategy that contrasts sharply with the Democratic Party in economic policy.
On the one hand, he can continue to criticize the Democratic Party’s regulatory policies, and on the other hand, he also hopes to highlight his “pro-business” image in this way.
While winning votes for himself, Trump also reiterated his stance of "containing China", and is determined to win this election.
But why would American politicians use China as a springboard for their own selfish interests?
China will never accept such groundless and malicious slander by the United States.
On the same day that Trump delivered his speech, Chinese Ambassador to the United States Xie Feng also stressed that considering China as an imaginary enemy is a serious strategic misjudgment of the United States. This approach not only has no practical benefits, but also leads the United States astray in the allocation of strategic resources. The practice of playing the "China card" to gain votes and political benefits will not only not help solve the United States' own problems, but will also increase tensions between China and the United States. The United States must stop this short-sighted behavior.
A great country will not worry about being surpassed.
American politicians, including Trump, are well aware that the United States is going downhill. Trump has shouted "Make America Great Again" more than once, but has he done it? Continuously suppressing China is, in fact, a sign of guilty conscience.
Today, the United States has a frighteningly high debt, declining industry, a distorted economic structure, a widening gap between the rich and the poor, and deep social rifts... These problems are all mocking this once arrogant country. For Trump, these problems must be solved, and they must be solved quickly.
So, what is his solution?
In summary, he has laid out two main lines for his new term: one is to take advantage of the US military and dollar hegemony, and the other is to let allies pay for US interests.
He believes that Biden's approach of "revitalizing the alliance" simply won't work because these allies expect the United States to pay for their efforts rather than pay for their own efforts. Therefore, we see him constantly asking NATO member states to increase military spending and even threatening to withdraw troops.
From an economic perspective, Trump believes that only by leveraging the U.S. military and dollar hegemony and making manufacturing countries, including U.S. allies, pay taxes to the United States can America truly become great.
Therefore, Trump has been clamoring to impose tariffs on China in an attempt to force China to lower the prices of its goods, promote the development of domestic industries in the United States, thereby protecting domestic manufacturing in the United States and revitalizing the economy.
For Trump, China now has huge influence, so the "containment of China" card is always effective.
However, Trump's actions will trigger a butterfly effect, which will impact the US economy and ultimately affect the dollar hegemony. Without the dollar hegemony that it is proud of, the United States will not be far from disintegration.
But at this stage, China is facing huge challenges, and it must block this heavy blow from the United States.