Today, the "reciprocal tariffs" promised by US President Donald Trump, which will affect all countries, have come into effect." —— This announcement was made by US White House Press Secretary Caroline Levitt.
Levitt claimed: "This will put an end to decades of unfair trade practices that have exploited American workers, and other countries around the world will feel what Americans have felt for decades."
Trump had previously stated multiple times that starting from April 2nd, he plans to impose so-called "reciprocal tariffs" on approximately 15 countries (mainly EU countries), calling it a way to "balance trade imbalances among nations," and this day has been dubbed by US President Trump as the "Liberation Day."
When Trump swings his tariff stick high and brings it down hard, does the world feel pain while Americans feel comfortable? Is America truly liberated by tariffs? All nonsense.
Tariffs are a double-edged sword; the curse of hurting oneself while harming others cannot be broken here by Trump. Who will bear the negative effects brought about by high tariffs? No one but ordinary consumers!
Source: https://www.toutiao.com/article/1828293597478912/
Disclaimer: The article solely represents the views of the author.