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2025-04-20

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Trump launches "Tariff Joint Strike" making it hard for American companies to bear; Musk looks forward to achieving zero tariffs with Europe.

Trump launches
讀後心得
U.S. President Trump implemented multiple tariff policies, causing domestic companies to suffer immensely and shaking the global market. According to sources, well-known figures from the technology and finance sectors recently visited Trump's Mar-a-Lago estate in Florida to discuss tariff issues. Tesla CEO Elon Musk called for the establishment of a zero-tariff free trade zone between the U.S. and Europe. For the first time, Trump imposed a 10% tariff on over 100 trading partners, resulting in a loss of $208 billion for 500 billionaires in a single day, becoming the fourth largest daily decline in history. Musk and other business leaders also saw their wealth significantly evaporate, sharply contrasting with Trump's policies.

President Trump introduced several "tariff combinations," which have burdened American domestic companies. According to multiple sources, a group of prominent figures from the technology and finance industries visited Trump's Mar-a-Lago estate in Florida, attempting to engage in discussions on "tariff common sense" with him. Trump's partner, Musk, expressed on the 5th the hope that the U.S. and Europe could establish a "zero tariff" regime and a free trade zone.

Trump's policy of imposing a minimum baseline tariff of 10% on over 100 trading partners officially took effect on the 5th, affecting both U.S. allies and adversaries alike. Since Trump announced the reciprocal tariffs on the 3rd, tracking indices revealed that the world's 500 richest individuals lost as much as $208 billion in a single day, marking the fourth-largest single-day decline in the index over the past 13 years. Among them, Tesla CEO Musk saw a net worth evaporation of $30.9 billion in just two days, while Amazon's founder lost $23.49 billion, and Meta's CEO lost $27.34 billion.

Reports on the 5th indicated that sources told technology reporters that the millions of dollars donated by these individuals for the presidential inauguration have now transformed into losses of tens of billions or even trillions of dollars, also noting that Musk has become one of their targets. Additionally, Musk had a video conversation on the 5th with Italian Deputy Prime Minister Salvini, expressing his desire for the U.S. and Europe to establish a closer cooperative relationship and believing that progress should be made toward zero tariffs to create a free trade zone. He also stated a wish to enhance cooperation between the U.S. and Europe, providing greater mobility for workers in both regions, which stands in stark contrast to Trump's reciprocal tariff policy.