Everyone might have forgotten one thing, which is that Trump is a very capable person, smarter, more strategic, more intelligent, and more experienced than the average person. If we think he is dumber than us, then it is likely that we are mistaken.
I increasingly feel that his trade war may be winning, which will bring huge benefits to the United States, making it stronger, and the US stock market will experience a century-level rebound.
Over the weekend, I kept hearing that countries are yielding to Trump's tariff policies, and countries that choose to surrender on tariffs are becoming mainstream. Australia, India, New Zealand, the Philippines, Cambodia, and Israel have directly softened their stance and expressed acceptance. European countries are already fragmented with their own thoughts, and our neighboring country Vietnam's Secretary Su Lin directly called the United States, willing to reduce tariffs on the US to zero. Currently, the only country in the world that has announced tariff increases in retaliation is China.
Don't underestimate Vietnam. According to US data, in 2024, Vietnam's trade surplus with the US will reach 123.5 billion dollars, second only to China, the EU, and Mexico. It is definitely a major trading power with the US, so Vietnam's stance has significant demonstrative significance.
Objectively speaking, if most countries in the world choose to accept reciprocal tariffs, after the US tariffs decrease, it will certainly benefit US exports! The competitiveness of foreign trade exports will soar, and export volumes may rapidly increase, leading American companies to make huge profits! Corresponding government tax revenues will start to increase significantly! Then regarding imports, the US is the world's largest market. Although tariffs have been greatly increased, countries still need to export to the US; it is impossible to give up the US market. Therefore, US tariff revenues will surge!
US export companies making huge profits + US government tax revenues increasing + US government tariff revenues increasing = The US government and businesses becoming wealthier! Naturally, with wealth, all other issues will not be a problem. Issues like American residents not being able to buy Chinese televisions, or not being able to find slippers and toys in supermarkets, will be easily resolved.
Of course, this should be a good thing for the cryptocurrency sector. The US economy is growing, and the US stock market will surely rebound strongly, and the cryptocurrency market, which has always followed the US stock market, should also benefit and improve! So perhaps the current difficulties are just the pains of a profound transformation, and let us wait and see!