Recently, the United States announced that it would impose another 10% tariff on related Chinese products on the basis of the original 10% tariff. Not only that, the United States is also considering collecting port fees and imposing tariffs on cargo loading and unloading equipment. People from all walks of life in the United States said that Sino-US economic and trade cooperation is of great significance to both sides, and the US government’s insistence on doing so will inevitably affect the American people.
Sino-US economic and trade cooperation is crucial
Recently, the 2025 Annual Meeting of the Chinese Chamber of Commerce in the United States was held in San Gabriel, Los Angeles County, California. Participants discussed the challenges brought about by the imposition of tariffs and called on China and the United States to carry out mutually beneficial cooperation.
Mario Coldero, CEO of the Port of Long Beach, California, emphasized at this annual meeting that Sino-US economic and trade cooperation is crucial. In his opinion, the shipping industry is facing huge challenges, and the imposition of tariffs will have a negative impact.
He pointed out that the Port of Long Beach and Chinese port cities should deepen cooperation and work together to promote the vigorous development of the two countries’ economies. At the same time, he expressed his appreciation for the Chinese government and the China-friendly port of Long Beach Port’s carbon reduction actions.
Surab Gupta, a senior researcher at the Center for Sino-US Studies in the United States, and Dennis Simon, a non-resident researcher at the Quincy Institute for Governance Strategy in the United States, said in an interview with China Daily that the future of Sino-US relations depends on whether the new US administration can find a path to cooperation with China.
Simon analyzed that the two countries can strengthen cooperation on issues such as combating fentanyl-like substance crimes, transnational crimes, and responding to global challenges.
In Simon’s view, the two countries can benefit greatly from multiple cooperations and we need to ensure that the returns are far outweigh the costs paid.
Gupta said we can expect the best results, while also maintaining insight into future development trends.
The U.S. government insists on doing its own thing to harm the people
The U.S. government’s tariffs have increased domestic inflationary pressure and harmed the interests of its own consumers. Nowadays, prices in the United States remain high and the people suffer indecently.
Alyssa, a 35-year-old New York resident, is a mother of six, who barely survives on benefits after she loses her job. Nowadays, inflation has had a huge impact on her. She told China Daily: “Grocery goods have been rising prices. I think it’s ridiculous, especially when eggs have risen to $12 a dozen… If this continues, we will not be able to afford eggs one day.”
Tom Williams, a 75-year-old retired welder, said that as an elderly person with only a fixed income, he has struggled to cope with the rising cost of living.
He told China Daily that the high prices have overwhelmed the people around him. In the past, buying a bottle of rapeseed oil only costs $5, but now it has risen to $10, which is really too expensive.
According to estimates from Yale University’s Budget Laboratory, the U.S. government imposes tariffs on Mexican, Canadian and Chinese goods, which may mean that each U.S. household will spend $1,600 to $2,000 a year.
(Editor: Yan Yujie, Wang Hui, Zhou Fengmei)
[Editor in charge: Yan Yujie]
