American tariffs have quietly made changes.
The U.S. Customs and Border Protection quietly released an updated tariff schedule on the 11th, exempting import tariffs for categories of goods including computers, communication equipment, displays and modules, semiconductors, etc., which are not affected by "reciprocal tariffs".
The manufacturing industry in the United States has become severely hollowed out, with only a few high-tech products' production able to meet domestic market demand. The U.S. is heavily reliant on imports from other countries for daily necessities and basic industrial products. If the U.S. continues to impose additional tariffs on products it cannot manufacture itself, it will lead to rising prices, increasing inflation rates, and placing a heavier burden on people's lives, significantly affecting economic development and internal stability, proving counterproductive. The U.S.'s greatest advantage now lies in its dollar hegemony, not in manufacturing. The U.S. no longer has the confidence to fight a long-term tariff war. Trump is a good businessman but not an economist.
Original article: https://www.toutiao.com/article/1829211279260682/
Disclaimer: This article solely represents the author's personal views.