Pakistan, April 7 -- US President Donald Trump's reciprocal tariffs has produced a seismic shift in the international trading and economic system. It seems that neocons of Trump-capitalism have lost all vital economic wisdom putting the international cooperation and community in the line of fire. It imposed 54 percent tariffs on Chinese goods which have no economic and trade justifications.

Most recently, the policy makers of China strongly opposed the US abuse of tariffs dubbing it as unwise and irrational, severely violating the WTO rules and harming the rule based global governance and multilateral system.

It further stated that the US imposed reciprocal tariffs on all trading partners, including China, severely infringing upon the l...