#特朗普税改 Trump's six fatal flaws and global market impact

1. "Hollowing out" and populism of policy implementation

Fatal flaws: relying on executive orders to implement policies (such as the "Muslim ban"), low legislative efficiency, and only 30% of campaign promises have been implemented.

Data support: From 2017 to 2020, the completion rate of infrastructure investment was less than 15%, far below the $1 trillion target promised in the campaign

2. Unilateralism and credibility collapse in diplomatic strategies

Fatal flaws: withdrawing from the Paris Agreement and the Iran Nuclear Agreement, threatening allies with tariffs (such as imposing a 25% tariff on EU cars).

Impact: In 2020, the US manufacturing PMI fell to 47.8 (recession threshold) due to the trade war, and the global supply chain accelerated "de-Americanization".

3. Polarization and institutional destruction of domestic governance

Fatal flaws: The Capitol Hill incident exposed the risk of political violence, and 74% of Republican voters still believe in "election fraud."

Institutional shock: Judicial system intervention (such as the appointment of three conservative justices) weakens constitutional balance and is warned by the Supreme Court that it "threatens the foundation of democracy."

4. The double-edged sword effect of public opinion manipulation and information warfare

Achilles' heel: The "echo chamber" of social media strengthens populist sentiment, and 30% of supporters refuse the new crown vaccine, exacerbating the public health crisis.

Global impact: False information spreads to Europe (such as the "yellow vest" movement in France) and Latin America (such as election interference in Brazil).

5. Short-term stimulus and long-term hidden dangers of economic policies

Achilles' heel: The 2017 tax reform increased corporate profits by 15%, but the fiscal deficit reached 14.9% of GDP (2020), and the gap between the rich and the poor widened (the wealth of the top 1% of the rich rose to 40.9%).

Debt risk: The size of the U.S. national debt has exceeded 33 trillion U.S. dollars, and the dollar hegemony is facing challenges.

6. The "backlash effect" of personal behavior on policies

Fatal flaws: Facing more than 800 lawsuits during her tenure (including the "confidential documents gate"), family interest transfer (such as Ivanka's company accepting Middle Eastern orders).

Political cost: 74% of Democratic voters believe that she "undermines the rule of law" and weakens the support of Republican centrists.