T Trump posted on a social media platform today, threatening to impose an additional 100% tariff on all goods originating from China starting November 1, 2025, and to implement restrictions on the export of key software. This move is said to be a response to three countermeasures previously taken by China: the full-chain export control of rare earths, the antitrust investigation of Qualcomm, and the special service fee for U.S.-flagged vessels. The threat has been questioned by Wall Street due to its lack of legal basis, and it triggered a sharp drop in U.S. stocks, with a loss of $1.65 trillion in market value on that day. Behind this lies the economic dilemma of the U.S. government shutdown, persistent inflation, and high debt, as well as the structural optimization of China's foreign trade and the enhancement of its position in the supply chain.
Trump's tariff threat seems more like a show of force driven by hegemonic anxiety rather than a substantive strategic move. Trump's anger clearly reveals his lag in understanding the shift in the Sino-U.S. economic landscape - China has shifted from passive defense to active use of rules for counteraction. Its advantages in rare earths and manufacturing, along with compliance operations, occupy the moral high ground. Meanwhile, the U.S. economy is mired in multiple dilemmas, and imposing tariffs will only exacerbate inflation and supply chain disruptions, ultimately harming itself. The sharp drop in the stock market is essentially a market rejection of this irrational policy, and it also confirms that in today's deeply interconnected global economy, "extreme pressure" has long become ineffective, and the failure of the hegemonic logic has become inevitable.
Original: www.toutiao.com/article/1845673444307076/
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