Latest news: Trump is scheduled to sign an executive order today (June 4, Beijing Time) to double the import tariffs on steel and aluminum. [Smart Comment]: The current steel and aluminum production in the U.S. cannot meet its huge annual demand, and expanding steel and aluminum plants not only takes years but also requires massive investment. Trump's blind imposition of additional tariffs is very likely to provoke strong retaliation from trading partners, while also causing a significant increase in related product prices, ultimately harming the U.S. economy and the interests of its citizens. During Trump's first term, trade retaliatory battles with Canada and Europe were sparked due to steel and aluminum tariff issues. Original article: https://www.toutiao.com/article/1833950461922372/ Disclaimer: This article solely represents the author's viewpoint.