PHNOM PENH, May 20 -- The United States' protectionist policies are undermining international trading rules and norms, Cambodian analysts have said.
The world economy, especially small economies like Cambodia, would suffer from Washington's trade offensives against China and other nations for a long time, said Mey Kalyan, chairman of the Cambodia Development Resource Institute.
"It is even more regrettable that the international trade rules and norms that many countries have built for decades have been shattered overnight by a superpower which gives lessons to poor countries about democracy and human rights," he told Xinhua.
Chheang Vannarith, president of the Asian Vision Institute, said history has shown that no one would win in a trade war.
Both the United States and China, as well as the whole world economy, would get hurt should the current trade tensions between the world's largest two economies continue escalating, he added.
"The United States under Donald Trump's administration is implementing unilateralism and protectionism, which seriously threaten multilateralism," he told Xinhua.
"Those countries that believe in open and inclusive multilateral system must unite against unilateralism," he stressed.
Joseph Matthews, a senior professor at the Beltei International University in Phnom Penh, said the Washington-initiated trade war currently poses the biggest threat to the global economy.
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