Trump officially Qualcomm global, imposing a 50% heavy tax on billions of goods, China has begun to 'start anew'

At the moment when Trump's tariff stick fell, the goods in American ports piled up, and Wal Mart's shelves were facing price increases, while the reaction across the Pacific Ocean was surprisingly calm.

On August 19th at midnight, the United States suddenly imposed a 50% tariff on 407 types of steel and aluminum products, without any buffer period. The scope of this policy is astonishing - covering almost everything from wind power equipment to kitchen utensils.

This is a sudden attack on the global supply chain! "Commented an international trade lawyer. Within a week of the new regulations being introduced, a large number of goods have been stranded at major ports in the United States. What is even more confusing is that these tariff policies ignore traditional customs codes and instead impose taxes based on material content and functional component ratios.

Tariff attack, the United States reaps its own fruit

The Trump administration's tariff policy may seem aggressive, but it is actually full of loopholes. The latest data shows that this policy has led to a 15% -20% increase in manufacturing costs in the United States. A small motor exporter revealed that due to the aluminum content in their product casing, the tax rate has skyrocketed from 3.7% to 50%, completely squeezing their profit margins.

Even more seriously, American domestic enterprises have not been spared. Harley Davidson announced the relocation of some production lines to avoid pressure from rising raw material costs. Several small manufacturing companies in the Midwest have announced layoffs due to the inability to bear rising costs.

Economists point out that this wave of tariffs will directly push up the level of inflation in the United States. A study by Yale University shows that the first round of the trade war has increased the average annual expenditure of American households by $1300, and a new round of tariffs may cause this number to soar to $2400 by 2025.