The trade policy of the United States has finally been settled. Although the outcome is lamentable, it was also expected.
First, as the world's largest economy, there has been remarkable consistency among various states and sectors regarding our policy stance. This consensus was not formed overnight; rather, it is the result of long-term accumulation. Once a consensus is reached, reversing their views is no easy task and requires time and sustained effort.
Second, their decisions have profound effects on our economy. If Europe follows suit after the United States imposes tariffs on Chinese goods, it will undoubtedly put enormous pressure on our exports. The once glorious status of the 'world's factory' may face serious challenges.
Third, competition in the international market will become more intense. If both the United States and Europe tighten market access, the competitiveness of our products in the international arena may significantly decline. Finding new export markets and adjusting industrial structures will become urgent tasks for us.
Fourth, we must recognize that changes in the external environment are uncontrollable, but we can adjust ourselves to enhance product value and competitiveness through technological innovation and industrial upgrading.
I believe that in the face of external pressures, we should not be discouraged, but rather turn pressure into motivation, accelerate the pace of transformation and upgrading, embrace the world with a more open posture, and welcome challenges.