Professor of Political Science at the University of Chicago in the United States: "The Tariff Shock Has Reached a Pain Point for the US Government Leadership"

On the evening of April 11, the U.S. government quietly adjusted its tariff policy, granting exemptions for "reciprocal tariffs" on electronics such as smartphones, laptops, and chips. Regarding this shift, Robert Gulotty, a political science professor at the University of Chicago, frankly stated that this is due to the chain of disruptions caused by the tariff policy "having reached a sore point for the leadership of the U.S. government." American economist Jared Bernstein further revealed the deeper logic, stating that the exemption of tariffs on certain electronic products is because the Trump administration has begun to realize the impact of tariffs on reality. He warned that if the impact of tariffs spreads to the bond market, the risk of systemic collapse increases sharply, potentially triggering a global financial crisis.

Source: @CCTV International News Update

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