[Tariffs making a comeback? Trump: I feel uncomfortable without charging some taxes.] Trump's recent tariff drama can be described as an old play with a new script. From steel to electric cars, from the EU to Mexico, basically everything that can be added is on the "list." Don't ask him why he's raising taxes; Trump said it very straightforwardly: If I don't raise taxes, I wouldn't be called Trump. But this move feels more like he's setting up a challenge for Biden, while also adding some "seasoning" to the global market. Do you think this is an "economic means"? No, this is an "election catalyst". Every time a tariff is mentioned, the base gets excited once: he is "standing tough against foreign countries" again, he is going to "make America great again"! But from an economic perspective, this move is like repeatedly adding chili pepper – a short-term stimulus that causes long-term discomfort. After the tariff increase, corporate profits decline and supply chains are disrupted. Will American workers really receive higher wages as a result? It’s likely that even the increase will be eaten away by inflation. 👉Summary of the viewpoint: Trump's tariff policy is more dramatic than a talk show, the question is whether the market can laugh until the end.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#特朗普关税进展
[Tariffs making a comeback? Trump: I feel uncomfortable without charging some taxes.]
Trump's recent tariff drama can be described as an old play with a new script. From steel to electric cars, from the EU to Mexico, basically everything that can be added is on the "list."
Don't ask him why he's raising taxes; Trump said it very straightforwardly: If I don't raise taxes, I wouldn't be called Trump. But this move feels more like he's setting up a challenge for Biden, while also adding some "seasoning" to the global market.
Do you think this is an "economic means"? No, this is an "election catalyst". Every time a tariff is mentioned, the base gets excited once: he is "standing tough against foreign countries" again, he is going to "make America great again"!
But from an economic perspective, this move is like repeatedly adding chili pepper – a short-term stimulus that causes long-term discomfort. After the tariff increase, corporate profits decline and supply chains are disrupted. Will American workers really receive higher wages as a result? It’s likely that even the increase will be eaten away by inflation.
👉Summary of the viewpoint: Trump's tariff policy is more dramatic than a talk show, the question is whether the market can laugh until the end.