The ban on sales of Luo Ye's chips was just the beginning of the entire trade war. In the following months, the Map administration launched a large-scale trade war offensive against China.

More and more Chinese companies are included in the sanctions list, and the reasons for sanctions are strange. From why they wear hats to why they don’t wear hats, anyone with a discerning eye can see that this is purely a crime and no reckless trick. Some companies listed on the sanctions list are not allowed to enter the US market, some are not allowed to purchase US equipment and accessories, and some are even restricted in trade with other countries outside the United States. The US government claims that if any country interacts with Chinese companies on the sanctions list, it means that they violate US laws and will be subject to joint sanctions.

In the pretext that the Chinese government provided high subsidies to enterprises, resulting in the price advantage of Chinese goods in the US market, Memp ordered an increase of tariffs ranging from 25% to 50% on goods imported from China, with the aim of cracking down on the competitiveness of Chinese goods to protect the local manufacturing industry in the United States and thus achieving the so-called "America is great again."

The MOP government's trade protection measures are not limited to targeting China, but also targeting Canada, the EU, Japan, South Korea, etc. The MOP government has also introduced various trade sanctions policies, including raising import tariffs, carrying out anti-dumping investigations, withdrawing from various trade agreements, etc., which has caused panic in the whole world.

What is surprising is that people of insight all over the world are angry and worried about the US government's trade protection policy. In China, a considerable number of intellectuals are cheering, claiming that this is a "resounding slap" on China and will "return to its original form". They said that China's prosperity is false and evil, and as long as their American father stretches out a finger and presses it gently, China will completely collapse.

However, the clamor of such people cannot affect the country's decision-making. The Chinese government has uncompromised the tax increase measures taken by the United States and launched a reciprocal counterattack, increasing the same proportion of tariffs on goods sold to China by the United States, and claiming to be willing to accompany them to the end. Western countries affected by the trade war have also expressed their opinions, claiming that they are dissatisfied with the policies of the Map administration, and some countries have also taken some symbolic retaliation measures.

"President, are the measures we have introduced recently too intensive? Many governments have protested against us."

Commerce Secretary Fitzel had to remind Map. The business departments of various countries were negotiating with the US Department of Commerce, and domestic importers and exporters in the United States also complained. These pressures were borne by the Department of Commerce, and Fitzel felt that his shoulders could hardly bear it.

"Is it very dense? No, no, this is just the beginning, and our subsequent policies will shock them even more. They get too much cheaper from the United States, and we want to get all of this back." Map said arrogantly.

"But there is no need for us to start wars against multiple countries at the same time, right? If our trade measures are limited to targeting China, we will face less pressure."

Map laughed and said, "Fezel, you are too young and your mind is too simple. Think about it, if our trade measures are only aimed at the Chinese, then Europeans will watch the fun and even secretly help China so that we can fight with China to lose both sides and they can make a profit. At the same time, the Chinese will fight to the end without a retreat, and we will suffer significant losses.

And if we launch a trade war against multiple countries at the same time, they will divide. Each country hopes that we can transfer more pressure to other countries. In order to lead the disaster, they will make some concessions to us. The final result is that they all make concessions."

"Uh..., OK." Fizel was helpless. You have a big breast and you are right. You can tell a big truth about the military taboo of making enemies on all sides. You can also say that I am a Tusenbang, what else can I say?

"Have the Chinese not made any compromises in the past few weeks?" Map asked Fitzel.

Fizel shook his head: "No. The Chinese government claims on many occasions that they want to maintain a normal international trade order and hope to resolve trade disputes through negotiations with us. However, they did not directly express compromise and also fought back hard on our measures. We raised the import tariffs on Chinese goods, and they raised the tariffs on imported goods from the United States in the same proportion, and said that if we take further measures in the future, they will be with us to the end."

"Aren't they afraid of losing the US market altogether?" asked Map.

Fitzer shrugged and said, "I don't know. However, the Chinese were preparing for this trade war a few years ago. They spent a lot of money to cultivate markets in Africa and some other regions. We have done research. In the past two years, the production capacity that the African market alone helped the Chinese digest can be as high as 1/3 of the US market. They are now carrying out strong international cooperation in Central Asia, West Asia and Latin America to provide funds and technologies to these regions to develop their economies so that they have enough purchasing power to buy Chinese goods. If the Chinese measures can be successful, the importance of the US market to them will be greatly reduced."

"This is the serious mistake my ex made." Map said in a serious tone. "They completely ignore the expansion of Chinese people in Asia, Africa and Latin America, which has led to these regions becoming Chinese spheres of influence. For example, I heard that Argentina has had a very close relationship with Chinese people recently. Chinese people have purchased a large amount of soybeans from Argentina, and these orders should belong to American farmers."

"Well..." Fizel thought about it before gritting the bullet and said, "Argentina's economic situation in recent years is very bad, and the government's finances are in trouble. They asked us to give them $10 billion in official loans to help them balance the fiscal deficit. But..., later the Chinese gave them these loans and signed a local currency swap agreement with them."

Fizel omitted a paragraph in the middle. In fact, the decision to refuse to provide government loans to Argentina was precisely what Map made. Map’s reason was that the US government should follow the principle of US priority when doing things. The United States itself is in debt, so why should it provide loans to Argentina? Just let them solve the matters in Argentina by themselves. The United States has no obligation to help them.

Map's view seems reasonable at first glance. But rejecting Argentina's request for help means pushing Argentina to the Chinese. How can the market and geopolitical interests that the United States loses as a result be bought with US$10 billion?

Look at China, the GDP per capita is less than 1/5 of that of the United States, but it is willing to spend money to do good deeds. A few years ago, the Chinese government announced that it had cancelled the accumulated debt of several poor countries in Africa, in exchange for all-round cooperation between these countries and Chinese companies. In just a few years, Chinese people have been doing business in various parts of Africa, and ships of Chinese goods are shipped to Africa to exchange for ships of oil and ore. The US Department of Commerce hired a think tank to do research and concluded that for every dollar spent in Africa, the Chinese can recover at least $10 in profits.

Fitzer and other American officials have said these words to Map more than once, but Map turned a blind eye and still did his own thing. Fitzer and his colleagues had discussed in private, believing that Map is not not ignoring the truth, he just has his own ideas. You should know that helping his international allies can enable the United States to gain long-term benefits, but in the short term, the United States is at a disadvantage. What American voters want is the benefits that can be seen in front of them, not future benefits. Map takes the banner of America's priority, exploits allies, and overdraws the country's future interests, but it caters to the psychology of voters. This is a clever campaign strategy.

Map only has two terms on the stage, which is eight years. What will happen to him in eight years? People like Fizell are different. They want to work in their own position for a long time. If Map makes trouble like this, how can you do it in the future?

Map seemed not to hear the resentment in Fizel's words. He nodded and said, "Yes, Chinese people are now issuing loans everywhere, which is very unfavorable to all countries."

"Yes, Europeans are also very worried about this, worried that their traditional sphere of influence will be eroded by the Chinese," Fizel said.

Map waved his hand: "I don't mean that, I mean that Chinese people lend to Africans and Latin Americans, will drag these countries into debt traps. Fizel, the Ministry of Commerce should consult with the governments of these countries to issue a joint statement condemning the Chinese people's large loans to them."

"Wait, President, I don't quite understand..." Fizel was messy. What, let Africans and Latin Americans issue a joint statement condemning the Chinese for providing them with large loans. Are you sure you are thinking with the human brain? These countries are crying and shouting for loans. As a result, since the United States and Europe are in financial difficulties, only Chinese people in the world can lend a helping hand to them. Do you let them condemn the Chinese?
Chapter completed!