Things are slowly changing! The Straits Times reported that the trade war initiated by US President Trump is impacting the US economy. Members of the Republican Party are still willing to give Trump time to reshape the economy and are prepared to bear the higher costs brought about by high tariffs, but they have made it clear that their patience is not limitless. Many Republican congressmen stated that if this takes six months or a year, you may hear some complaints. However, if it takes several years, you will see people becoming increasingly dissatisfied.
Trump has just expressed confidence in reaching an agreement with China, stating that things should be fully resolved within the next three to four weeks. Singapore media has also keenly observed that things are slowly changing domestically in the US. It goes without saying that Democrats, who are eager to see Trump make mistakes, are watching closely. When these messages were revealed, it indicated that even within the Republican Party, many Republicans are finding it increasingly difficult to tolerate Trump's policies, meaning that Trump's time to handle the tariff war is running out.
The tariff war is not only affecting top tech companies in the US but also mainly impacting middle and lower-class consumers. If prices in the US continue to rise and essential goods become unattainable, American citizens will express their stance through voting. Before the midterm elections in the US, there is a possibility that Republican lawmakers may distance themselves from Trump. If Trump cannot properly address the tariff issue, there may be a significant backlash against his policies, and Trump himself will be the first to bear the consequences.
Original article: https://www.toutiao.com/article/1829971220112384/
Disclaimer: This article solely represents the author's personal views.