website hit counter
Friday, July 25, 2025
Friday, July 25, 2025

HomeNews"US Can't Dictate Global Order Anymore, China Now Leads Asia" - RW

“US Can’t Dictate Global Order Anymore, China Now Leads Asia” – RW

“US Can’t Dictate Global Order Anymore, China Now Leads Asia” – RW

spot_img

Former President Ranil Wickremesinghe has strongly criticised the United States’ decision to impose high reciprocal tariffs, warning that it could severely damage Asia’s manufacturing base and shift regional support further toward China.

In a video statement commenting on the recent tariff escalation by the US, Wickremesinghe said, “President Trump has blinked. The US does not have the economic capacity to impose its will on the rest.” He highlighted the changing global economic landscape, noting that while the US accounted for 50% of global GDP in 1950, it now holds only 25%, with China and the European Union making up 19% and 13% respectively.

Wickremesinghe warned that the sweeping tariffs could have devastating effects on the manufacturing sectors of both East and South Asia, as well as Australia, eroding the economic foundation of the Indo-Pacific region. “In one blow, the faith in the Indo-Pacific has been lost,” he said, adding that the economic fallout would likely weaken regional support for Taiwan.

He expressed concern that millions of low-paying jobs across Asia could be lost, along with the hopes of many workers aspiring to join the middle class. “Public support will move towards China. Now China stands strong in our part of the world,” he said.

According to Wickremesinghe, China appears to have anticipated the US move and is strategically positioning itself in response. “This was the best time for China to hit back when the whole world was affected,” he stated, suggesting that China needs only to endure the next 18 months until the US midterm elections.

He also pointed to broader geopolitical implications, stating that Russia stands to benefit from the US-China rivalry, remaining untouched by the tariffs while influencing Ukraine peace talks. Wickremesinghe noted that new proposals for a revised world order are already surfacing.

ASEAN nations, he said, are calling on the World Trade Organization (WTO) to mediate on the issue of tariffs, while former UK Prime Minister Gordon Brown has proposed forming a “coalition of the willing” to respond to the crisis.

Wickremesinghe concluded by noting a shift in global focus: “The question we faced earlier was determining China’s place in a US-made world order. Now we have to decide the place of the US.”

Latest articles

PUCSL to Probe Power Outage Blamed on Monkey

The Public Utilities Commission of Sri Lanka (PUCSL) has decided to conduct an independent...

Sri Lankan Worker Abused in Korea: ‘They Laughed While I Was Tied Like Cargo’

A Sri Lankan migrant worker said he continues to suffer from trauma months after...

15-Year-Old Motorcyclist Severs Woman’s Leg, Dumps It in Bush After Hit-and-Run

A shocking hit-and-run incident near Hinidumgoda Junior College in Galle has left a 40-year-old...

From Bail to Jail: Jagath’s Son Freed as Rohitha’s Son-in-Law Remanded

The son-in-law of former minister Rohitha Abeygunawardena has been remanded until 8 August, while...

More like this

PUCSL to Probe Power Outage Blamed on Monkey

The Public Utilities Commission of Sri Lanka (PUCSL) has decided to conduct an independent...

Sri Lankan Worker Abused in Korea: ‘They Laughed While I Was Tied Like Cargo’

A Sri Lankan migrant worker said he continues to suffer from trauma months after...

15-Year-Old Motorcyclist Severs Woman’s Leg, Dumps It in Bush After Hit-and-Run

A shocking hit-and-run incident near Hinidumgoda Junior College in Galle has left a 40-year-old...