Trump's tariff policy is like a roller coaster, up and down, making people dizzy! On the surface, it is to protect American industries, but in fact, there are four deep calculations behind it:
First, use tariffs as a voting tool. Trump specifically imposes taxes on steel and aluminum, the "lifeblood" of the Rust Belt, to please blue-collar workers. For example, he threatened to impose a 50% tariff on the European Union, which is actually to force the European Union to cooperate in suppressing China and show off his "tough guy" image in front of voters. What's more, he even threatened Mexico with tariffs to solve the immigration problem, using economic means as political bargaining chips. This is to repay the support of voters.
Second, want to have the final say in reconstructing trade rules. The "reciprocal tariff" launched in 2025 requires that all countries have the same tax rate as the United States. To put it bluntly, it wants to override the WTO and become a global trade referee. Imposing a 145% tariff on Chinese goods, but requiring China to expand market opening, is obviously intended to curb China's high-tech development. What's even more ironic is that 83% of stablecoins are pegged to the US dollar, while the United States uses digital currency to consolidate its hegemony, using tariffs and financial instruments in a two-pronged approach.
Third, the power struggle is heating up. Trump bypassed Congress to impose taxes directly, but was ruled "overstepping his authority" by the court on May 28, suspending tariff measures on more than 180 countries. 12 states jointly sued, and the Democratic Party also proposed a bill to limit the president's tariff power, exposing the fierce conflict between the White House and Congress. Even the judge couldn't stand it and bluntly said that "the president has no right to legislate for Congress."
Fourth, it's shooting itself in the foot. Tariffs have caused imports at US ports to plummet by 17%, Los Angeles dock workers can only work three days a week, truck drivers have no work, and restaurants and repair shops have suffered. The average family spends an extra $4,200 a year, and consumer confidence has fallen to the lowest level since 2020. The EU has imposed tariffs on 26 billion euros of US goods, China has accelerated the "dual circulation", and the global industrial chain is bypassing the United States.
The essence of this tariff farce is that the United States wants to maintain its hegemony through unilateralism, but it has forced itself into a dead end. As former Treasury Secretary Summers said, "Tariffs are not policies, but political performances." When the performance is over, what may be left is a more divided and weaker United States.
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