कोशिश गोल्ड - मुक्त

US tariffs vs. Chinese supremacy: Can US soybean “Make America Great Again?”

Daily FT

|

December 13, 2025

China is the only country that defied President Trump's tariff and successfully brought the US to the negotiation table

- by Prof. Patrick Mendis

US tariffs vs. Chinese supremacy: Can US soybean “Make America Great Again?”

Prof. Patrick Mendis (left) with his high school friend in Minnesota, USA

MAGA agenda, which parallels the Communist Party's own ambitions of restoring China's past glory, known as the ‘great rejuvenation of the Chinese nation.'" At the summit, President Xi Jinping also told President Trump: "I always believe that China's development should go hand in hand with your vision to make America great again.

China's targeted strategic retaliations and surgical "pressure points" on Trump's MAGA political base in the Midwest counties created the intended financial pain on soybean farmers. Indeed, China has learned from Trump's give-and-take "transactional" approach, executing a successful tactical operation in the American heartland. This combined with China's strategic calculus on global policymaking for supremacy. Yet Xi cleverly handed Trump a temporary winwin card to satisfy his voting bloc in the Midwest by resuming soybean purchases.

In the meantime, strategic Beijing has continued to heavily invest in soybean and other commodities in Argentina, Brazil, and elsewhere. In Washington, the president angered American soybean farmers and Republican senators by providing a $ 20 billion financial aid package to Argentina, whose soybean exports to China reduced buying from the United States.

History tells us that tariffs as a weapon in trade, especially in an increasingly interconnected global marketplace, risk backfiring. They also stand antithetical to the constitutional legacy of the US tariff policy.

The birth of the US republic resulted from the unpopular British tariffs that sparked widespread resistance in colonial America. These continuing protests culminated in the Boston Tea Party and ultimately the American Revolutiongiving birth to a progressive nation conceived by the European Enlightenment ideas of the founding fathers who were also inspired by the Chinese philosophy and culture.

Daily FT से और कहानियाँ

Daily FT

CSE ends week 4.7% on the up, extends rally to fifth session

Regains Rs. 320 b in value, nearly 76% of amount wiped out the previous week

time to read

1 mins

December 13, 2025

Daily FT

Daily FT

Vidullanka and WindForce get 100 MW Mullikulum wind power project

IN line with the Government's longterm strategy to generate 70% of the country's electricity from renewable sources by 2030, the Cabinet of Ministers on Wednesday approved awarding the contracts for the Mullikulum Wind Power Project, totalling 100 MW to two entities - a consortium of Vidullanka PLC and David Pieris Motor

time to read

1 min

December 13, 2025

Daily FT

SSC on course to win outright against Galle CC

Tier B 3-day tournament

time to read

2 mins

December 13, 2025

Daily FT

Daily FT

The Golden Mirage: A dazzling fantasy at City of Dreams Sri Lanka

CITY of Dreams Sri Lanka unveiled The Golden Mirage in a spectacular celebration of luxury, culture, and world-class entertainment recently.

time to read

1 min

December 13, 2025

Daily FT

Daily FT

New ground and warehouse service contracts for SriLankan Airlines at Frankfurt Airport

THE Cabinet of Ministers this week approved new contracts for SriLankan Airlines Ltd.'s operations at Frankfurt Airport, Germany, following the scheduled conclusion of existing service agreements.

time to read

1 min

December 13, 2025

Daily FT

Govt. to re-tender Kollupitiya land for mixed development after cancelled lease

THE Cabinet of Ministers has approved a fresh call for investment proposals to lease a prime block of land in Perahera Mawatha, Colombo 3, following the cancellation of a previous lease agreement due to the investor's failure to meet contractual obligations.

time to read

1 min

December 13, 2025

Daily FT

Govt. revises annual liquor licence, one-time entry fees up to Rs. 25 m

THE Government has moved to restructure excise licensing charges, with the Finance Ministry issuing Excise Notification No. 03/2025 setting out a revised fee regime.

time to read

1 min

December 13, 2025

Daily FT

Daily FT

Govt. Committed to boosting trade competitiveness: Prime Minister

Addressing 27th Presidential Export Awards, the PM reiterates Govt. intends to streamline trade facilitation, Customs processes, and investment approvals Says progress depends not merely on policies or administration, but on the ability to produce, to create value, and compete internationally Assures Govt. taking steps to support exporters hit by Ditwa

time to read

3 mins

December 13, 2025

Daily FT

Daily FT

Of bull-eating Veddahs, curious bears and human mind that controls all

AUTHORED by Venerable Thambugala Anandasiri Thero in the Sinhala language, the English translation of the book 'Twenty Five Years of Life in the jungle' is by Kamala Rajapakse, printed and published by Dayawanse Jayakody and Company - Printers.

time to read

8 mins

December 13, 2025

Daily FT

Sri Lanka to launch $ 2.66 m Natural Capital Valuation Project for coastal and marine ecosystems

THE Cabinet of Ministers on Wednesday approved the implementation of a new environmental conservation initiative funded through a $ 2.66 million grant from the Global Environment Facility (GEF), aimed at formally assessing and integrating the natural capital value of Sri Lanka's coastal and marine ecosystems into national development planning.

time to read

1 min

December 13, 2025

Listen

Translate

Share

-
+

Change font size