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Is Donald Trump Victory a New Challenge for China?

Is Donald Trump Victory a New Challenge for China?

Donald Trump has won the US elections. He has been elected the 47th President of the country. He has defeated the current Vice President and Democratic Party candidate Kamala Harris. This is Trump’s second victory. He has been the 45th President of the country from 2016 to 2020.

After winning the election, Trump said in his address in West Palm Beach, Florida, “The next four years will be the golden age of America … America has given us an unprecedented mandate.” He told the Americans that this moment will help make America better.

According to the latest counting data, Trump has received 270 electoral votes so far. This has confirmed his victory. 78-year-old Republican Party leader Trump has won a big victory in three important ‘swing states’ like Pennsylvania, Georgia and North Carolina.

donald trump

While Prime Minister Narendra Modi has wholeheartedly congratulated Trump on his historic victory and has shown eagerness to renew cooperation to further strengthen the India-US comprehensive global and strategic partnership, neighbouring country China has become tense. China is now preparing for the next four years of bitterness and rivalry with the US on trade, technology and security issues.

Donald Trump is anti-China, can impose 60 percent tariff

donald trump

This is because Donald Trump has said during his election campaign that he will impose heavy tariffs on goods imported from China. Trump is known for his anti-China policy. He has said that with the intention of increasing production in the country and strengthening the economy, 60 percent tariff can be imposed on goods imported from China, while on other countries it can be up to 10 percent. In such a situation, goods imported from China to America can be banned. Chinese strategists are angry at Donald Trump’s statement, which could give a big blow to China on the economic front.

Apart from this, Trump has also proposed to end China’s most favored nation status. Analysts say the possibility of a trade war under Trump has shaken the Chinese leadership. China sells goods worth more than $400 billion to the US every year. According to experts, Beijing is worried about the possibility of a trade war starting again between the US and China under Trump’s rule, as China is currently facing many important internal and economic challenges.

Also Read – Suhas Subramaniam Makes History as First Indian-American to Win Virginia House Seat

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