BBM’s anti-China policy blocking China investments

US PRESIDENT Donald Trump has again demonstrated bluster and braggadocio, declaring a ‘Tariff War’ on all countries and regions of the world, upsetting decades of carefully constructed mechanisms of international trade aimed at expanding global commerce, exchange, and production to uplift all but particularly the majority of developing and least developed nations.

America does not care, never cared, and will never care for the rest of the world. That is what Trump’s ‘America First’ is–America first and only, no more no less.

America wants its $37-trillion debt to be solved by other nations, sacrificing their balanced trade for America’s sole benefit – while America continues to spend one trillion dollars annually for its war machine.

Trump blames every other nation for the economic and financial decay of America but turns a blind eye to what America did to itself: allowing capitalist America to abandon its home to seek more profits from cheap labor from other nations, wallowing in easy money and the “exorbitant privilege” of a fiat “Dollar” that it printed with wild abandon.

When China opened to American capital, it resulted to exorbitant profits for American companies while China delivered cheap high-quality goods American homes enjoyed.

What China did with its trade surpluses from decades of “opening up” and the full socialist modernization of Chinese society, is to plow all resources back into the development of the people and society: education that now produces 6 times more STEM graduate than the U.S., technology investments that produced leading technologies like 5G and ‘Deepseek.’

Unlike America that invested its “exorbitant privilege” of printing Dollars for the wars in Vietnam, Iraq, Yugoslavia, Afghanistan, Libya, West Asia and in Ukraine, China plowed more of its surplus into the Belt and Road Initiative (BRI), an economic outreach to the world– building railways, telecoms, power networks, roads, ports that covered 140 countries to date, projects that also benefited the local economies.

America has come to the end of its rope today and Trump’s slogan, ‘Make America Great Again’ is falling like an empty promise as it is unable to face up to the real and simple solution – socialize American society, redistribute the $49-trillion wealth that the top 1 percent of Americans own to stimulate consumption and domestic manufacturing, end all wars, and save at least $1-trillion annually.

China, together with the BRICS Plus economies– Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan, that encompass 5 percent of the global population and 46 percent of the global GDP– will lead the ‘New Economic World Order.’

Together, BRICS Plus will see the ‘Community of Shared Future for Mankind’ comes into fruition, consolidating the Global South and away from U.S. unilateralism, imperiousness, and destructiveness. Even Japan and South Korea sought counsel with China in the wake of Trump’s tariff tantrum.

The Philippines finds itself in a quandary. While it considers itself as America’s “treaty ally,” Trump slaps us with 17 percent “reciprocal tariff,” way much higher than the 10 percent for Singapore, which refuses to host a US military base.

Hoping to “benefit” from Trump’s Tariff War, PEZA boss, Tereso Panga, hopes for China to ‘reshore’ its exports and manufacturing plants to the Philippines – highly unlikely due to the blatant anti-China policy of BBM.