讀後心得

U.S. President Trump introduced a retaliatory tariff policy that disrupts the global trade order. According to reports, Trump made his final decision shortly before holding a press conference, choosing a simple formula to determine tariff rates based on two factors—America's trade deficit and the total exports to other countries. This approach has faced criticism from some economists, yet Trump remains steadfast in imposing tariffs, demonstrating a reliance on personal intuition and a team of advisors who support his stance, swiftly rolling out the policy while skipping the normal deliberation process, finalizing the plan and announcing it only at the last moment.

The retaliatory tariff policy proposed by U.S. President Trump has impacted the global trade order. However, according to foreign media reports, Trump made this decision shortly before holding a press conference. His aides had prepared multiple options for this, but in the end, Trump chose a simple formula to determine the tariff rates, primarily relying on his intuition.

According to a report by the Washington Post, Trump directed economic aides to calculate tariff rates on dozens of countries from the early days of his administration to fulfill his campaign promise of "reciprocal tariffs." Insiders revealed that officials from multiple departments spent weeks proposing various options, and ultimately, Trump chose a simple formula based on just two variables for the calculations: the trade deficit between the U.S. and other countries, and the total exports of those countries to the U.S. This simple formula is quite similar to the views of Trump's trade advisors from his first term in the White House.

Despite criticism from some economists regarding this calculation method, Trump insisted on imposing tariffs on trillions of dollars worth of goods, showcasing two key characteristics of his governance: reliance on personal intuition in decision-making and the selection of aides who support his stance. Compared to the policy processes of previous administrations, Trump's approach appears more short-sighted.

He quickly implemented the tariff measures using the White House’s emergency powers, bypassing the normal deliberative process and reducing opportunities for businesses and foreign leaders to voice their opinions. It is understood that discussions about this policy were only finalized late that night, and Trump made the final decision that afternoon, formally announcing it at the press conference.

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