If tariffs are not reduced, then long-term inflation will be even more exaggerated, so it is better to push the decision back to the Trump administration. If you do not impose high tariffs, my long-term inflation may not go out of control, then the Federal Reserve will consider cutting interest rates, which means passing the ball back to the Trump administration. No matter what happens in the end, it will not be the Federal Reserve's responsibility.

Now it depends on how the Trump administration chooses. If Trump reduces tariffs now, isn't that just slapping himself in front of the whole world?

But does Trump have any face? Perhaps he will first agree to the Federal Reserve's request to lower tariffs, wait for the Federal Reserve to cut interest rates, and then add tariffs back, initiating another round of reciprocal tariffs. This is incomprehensible to ordinary people, but for the unpredictable Trump, anything is possible!