The tariff shock wave touches the pain points of the US government leadership
2025-04-13 11:58:36
On the evening of April 11, the US government quietly adjusted its tariff policy, exempting electronic products such as smartphones, laptops, and chips from "reciprocal tariffs." Regarding this change, Robert Gullotti, a professor of political science at the University of Chicago, bluntly stated that the chain turmoil caused by the tariff policy "has touched the pain points of the US government leadership." American economist Jared Bernstein revealed his deep logic, saying that the exemption of some electronic product tariffs is because the Trump administration is beginning to realize the impact of tariffs on reality.#Tariff policy persists or triggers a global financial crisis#He warned that if the impact of tariffs spreads to the bond market, the risk of a systemic collapse increases sharply, which could trigger a global financial crisis. (CCTV International News)
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