General

At the recent G7 Hiroshima Summit, the United States incited its allies to engage in "economic coercion" under the guise of opposing it, increasing global economic risks under the guise of "risk reduction", creating exclusive circles, and disrupting the stability of the international supply chain. International observers believe that the United States' large-scale unilateral sanctions and "decoupling and chain breaking" are the true "coercers" who manipulate the politicization and weaponization of international trade and economic relations.

Make your own rules and violate them yourself

Since the Trump administration, the priority of US trade and industrial policy has been to relocate manufacturing production back to the United States. After Biden took office, he further promoted this approach. To this end, the United States disregarded trade rules and other countries' interests, and introduced the Inflation Reduction Act and the Chip and Science Act, using economic policies as weapons to promote protectionism.

Adam Posen, the director of the Peterson Institute for International Economics in the United States, pointed out that both administrations of the United States ignored the interests of other countries and criticized international trade and investment for being detrimental to the US economy and national security. In fact, the rules of this system were previously formulated by the United States and served its interests. The Biden administration, along with members of Congress from both parties, has been seeking to seize manufacturing from other countries in a zero sum manner.

Marcel Fratscher, director of the German Institute of Economics, said that the Inflation Reduction Act reflects a high degree of protectionism, placing foreign companies at a huge disadvantage. Many European countries, including Germany, are very dissatisfied with the introduction of the bill by the United States, believing that it harms the competitiveness of European companies and will lead to the transfer of innovative technologies to the United States.

Lewis Ndishau, Senior Analyst at the African Policy Research Institute, a Kenyan think tank, stated that the United States is promoting a return to manufacturing with the intention of maintaining a leading position in competition. This will trigger a 'subsidy competition', which essentially undermines the free market. He believes that the operation of US foreign policy over the years has been to "allow other countries to abide by the US led order, but enjoy the 'permission' to violate these rules and orders".

Acting as a "commercial police officer" and acting as a "commercial robber"

Implementing sanctions is one of the most direct coercive measures by the United States. According to statistics, during the previous administration of the United States, more than 3900 sanctions were implemented, which is equivalent to waving an average of three "sanctions batons" per day. As of the fiscal year 2021, the number of entities and individuals sanctioned by the US Net reached 9421, an increase of 933% compared to the fiscal year 2000.

Analyst Afdonin from the Belarusian Institute of Strategic Studies said that the United States has disrupted the international trading system by implementing sanctions, embargoes, and other restrictive measures. Its main purpose is to destroy competitors, slow down economic growth in other regions, and achieve its own interests at the expense of sacrificing the interests of others.

Luis Fernandez, a scholar at the Cuban Center for International Economic Research, said that the United States, under the name of a "commercial police state", is actually a "commercial bandit", using economic policies as a geostrategic weapon, with the aim of "the United States wins, other countries lose".

Professor Daniel Drezner of Tufts University in the United States pointed out in an article published in the Journal of Foreign Affairs that successive US governments have "abused economic coercion and violence" and used sanctions as the preferred solution to diplomatic problems, which not only fails to work, but also causes humanitarian disasters.

Build a "small courtyard with high walls" to showcase the hegemonic nature

In order to maintain its own hegemony and seek personal gain, the United States, under the guise of strengthening cooperation, has formed alliances and engaged in camp confrontations, bringing huge challenges to globalization and multilateral international trade cooperation.

The WTO Dispute Adjudication Research Report shows that the United States is by far the most 'unruly', with two-thirds of WTO violations caused by the United States. In December 2019, the appellate body of the World Trade Organization's dispute resolution mechanism was suspended due to the United States' obstruction of judge selection, paralyzing multilateral trade arbitration institutions and facing an unprecedented crisis for the multilateral trading system. Not only that, the US also announced the launch of the so-called "Indo Pacific Economic Framework" and introduced the concept of "Friendly Shore Outsourcing", using so-called values to delineate and undermine the global economic and trade system.

Kim Chou hwan, a professor of international industry information at Gyeonggi University in South Korea, stated that the United States no longer views the global international trade freedom system from a mutually beneficial and win-win perspective, but sees it as a zero sum game. The series of policy measures it has taken demonstrate the essence of hegemonic thinking.

Gabriel Barbo, director of the Development Research Center, an Argentine think tank, believes that the United States is accustomed to using its global hegemonic position to seize benefits. When existing global trade rules are unfavorable to it, the United States will make trade rules favorable in various ways, disregarding the impact of these changes on the interests of other countries.

The mentality of the United States has not changed since its founding, "said Mutassim Rashid, an economic advisor to the Egyptian Investor Association Federation." The economic and trade policies pursued by the United States are contradictory. It calls for the establishment of a free international trade market, but imposes restrictions and adopts monopolistic practices