Trump Blames WTO & Past U.S. Leaders for Letting China Dominate Global Trade for Decades
Video Credit: Oneindia - Duration: 02:06s - Published
Trump Blames WTO & Past U.S. Leaders for Letting China Dominate Global Trade for Decades
President Trump launched a fiery critique of past U.S. trade policy, accusing former leaders of enabling China’s rise by allowing unfair advantages through the World Trade Organization (WTO).
He claimed China manipulated the system by branding itself a "developing nation" while gaining economic dominance.
Trump also criticized U.S. officials for being complicit, saying “they allowed this to happen.” His comments come amid escalating tariff tensions and renewed trade negotiations, reflecting a hardline stance on correcting what he calls decades of economic betrayal.
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In a revealing interview with The Atlantic, U.S. President Donald Trump claimed he’s now “running the world” and is enjoying his second term far more than his first. He described his current leadership role as “fun,” despite calling it “serious stuff.” Trump also addressed past remarks about a potential third term, brushing them off as unlikely. His comments—while dramatic—spark new debates about power, global influence, and political ambition as the Trump era continues to stir global headlines.
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
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China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO. As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy — and it’s dragging the global economy down with it.
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US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
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The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials critical for tech industries and imposing controls on 27 U.S. firms. The trade battle now stretches into the WTO and beyond, with both nations hardening their stances. The global economy braces for impact as the two superpowers clash in an escalating tariff and tech war.
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