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Belgian media: US tariff policies pose a risk of deconstruction to the international regulatory system

PANews
PANews|Apr 20, 2025 07:30
According to a commentary article titled "The World Pattern We are Trapped in" cited by the Belgian newspaper Echo by Xinhua News Agency, the so-called "reciprocal tariffs" imposed by the United States are triggering a global crisis and posing a risk of deconstruction to the international rule system. The article focuses on criticizing the current "equal tariffs" policy of the United States, pointing out that it not only has an impact on major economies around the world, but also has dragged the least developed countries into a "ridiculous tariff war", causing the collapse of global economic and trade rules. The article argues that the US government's use of tough measures to reshape trade rules has led to the complete disappearance of the existing international economic and trade system and exacerbated the tense atmosphere in international relations. Kuadbash specifically mentioned that the policy orientation of the US government focuses more on posture rather than rationality, and lacks clear strategic planning and effective solutions. In this context, promoting dozens of complex international negotiations has become particularly difficult, and the ability to handle related issues has been questioned. He also warned that the US plan to impose tariffs on the pharmaceutical industry ignores the high complexity of the global supply chain and could cause greater economic turbulence. At the same time, the severe fluctuations in the stock and bond markets have had a significant negative impact on the domestic economy of the United States, dampening investor confidence and further exacerbating financial market uncertainty. The conclusion of the article points out that the current tariff policy of the United States not only threatens the stability of international rules, but also has a serious impact on the world's most vulnerable economies. In this situation, the international community should closely monitor the spillover effects of this policy and explore possible response measures.
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