Trump's tariff policy is both a continuation of the 'America First' strategy and a key variable in the reconstruction of the global economic and trade order.

Trump's tariff policy is both a continuation of the 'America First' strategy and a key variable in the reconstruction of the global economic and trade order. In the short term, policy uncertainty will continue to cause market fluctuations, while the long-term impact will depend on the countermeasures of various countries and the efficiency of corporate supply chain adjustments. Future attention should be focused on:

1. China-U.S. Competition: Can China reduce tariff pressure through WTO litigation or negotiations;

2. Deepening Regional Cooperation: Will the EU, ASEAN, and others form closer trade alliances;

3. U.S. Midterm Elections#特朗普施压鲍威尔