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News India Live, Digital Desk: Us Foreign Policy: In America’s politics these days, a statement is in discussion, which has increased the heartbeat of countries like the whole world, especially China. Scott Besant, a close and Treasury Secretary (Finance Minister) of Donald Trump, has said that if America’s business partners, such as China, combine themselves with its foreign policy, half of the tariff imposed on him can be returned. Simply put, take us with us and take back your money.
This statement is a sign of a very big change in America’s trade policy. Earlier, where tariffs were being installed only to reduce trade deficit, now it is ready to make it an important weapon of foreign policy. Besant believes that the countries which work as an ally of America, should benefit financially.
In an interview, he made it clear that his aim is to create economic pressure on those countries that work against American interests. At the same time, the countries which support America, will be given huge discount in tariffs as a reward.
This proposal came at a time when tension between the US and China is already at the peak of trade. In the previous term of Trump, heavy tariffs were imposed on goods coming from China. Now this new proposal has brought a new and interesting turn in this trade war.
Some experts are describing it as a “masterstroke” of the US, so that he will be able to unite his colleagues and put double pressure on rivals like China. At the same time, some believe that this policy can create a new uncertainty in global business.
At the moment, this is just a proposal, but if Trump returns to power and this policy becomes a reality, then it will be interesting to see how China and other countries react to the “condition of friendship” of America. It is certain that this one statement has once again confused the equations of global politics and business.
