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Jack Ma Slams the US‑China Trade War as “the Stupidest Thing in the World”
At the China International Import Expo in Shanghai, Alibaba co‑founder Jack Ma didn’t hold back. He said the trade spat between the US and China is
the most stupid thing in the world and called for a quick end to the escalating tariffs.
What’s at stake?
- Both sides have slapped tariffs that reach $400‑plus billion on each other.
- President Trump threatens to hit the remaining $500 billion of Chinese exports with more duties.
- Ma’s warning: “If we never resolve it, we’re all heading for chaos.”
That US trade deficit – the “job‑maker”?
Ma pointed out that the US trade deficit with China has actually boosted U.S. jobs. Without it, he says, “the country would have big problems.” He was basically telling the world,
“Don’t blame the deficit for everything.”
China’s new import model: Pain or Gain?
He warned that shifting from an export‑heavy to an import‑heavy economy will:
- be a big headache for many businesses, and
- offer awesome chances for everyday consumers.
Forget “innovation fears” – embrace technology
Ma encouraged people to stop fretting over tech:
“Don’t worry about technology. Those who worry are usually older folks, then the government, and even some successful people. The only group that doesn’t worry is the young.”
Bottom line
Jack Ma’s message is clear: dig out the hellish tariffs, restore trade harmony, and let tech march on—without a side‑kick of old‑fashioned fear. His take? The trade war is a stupid mess that we all can do better than being stuck in it.
