Backfire is coming!
A research report from Goldman Sachs in the United States showed that by the end of this year, American consumers may bear 55% of the tariff costs. Goldman Sachs also released a similar report in August, and Trump immediately criticized it, saying that the Goldman Sachs economists "should be replaced".
The tariff war initiated by Trump is now facing clear backfire, with the tariff burden being genuinely shifted to ordinary people. Foreign commentaries have long pointed out that this tariff war instigated by the US side has not achieved its expected goals, but instead made American consumers become the "paying ones", fully exposing its essence of "hurting others without benefiting oneself", and the drawbacks of the policy have become increasingly difficult to conceal.
Original: www.toutiao.com/article/1846030591634439/
Statement: This article represents the views of the author himself.