讀後心得

Trump announced on April 2 that a 10% tariff would be imposed on all imported goods, with higher rates applied to specific trading partners, causing turmoil in financial markets and concerns about economic recession. This policy prompted over 50 countries to proactively contact the U.S. for negotiations. Although Treasury Secretary Mnuchin emphasized that this trade action requires long-term observation, markets such as the U.S. stock market have already been affected, with futures indices experiencing significant declines. Despite external criticism, Trump insists on pushing for a new trade order, and countries are quickly formulating response strategies. Internally, some Republican lawmakers expressed concern over Trump's measures and advocated that Congress should approve tariffs to prevent the executive branch from exercising excessive power.

U.S. President Donald Trump announced a comprehensive import tax policy on the 2nd, Eastern Time, imposing a baseline tariff of 10% on all imported goods, and applying higher equivalent tax rates on specific trading partners. This move has triggered turmoil in the financial markets and raised concerns about a recession in the U.S., affecting the global trading system.

According to reports on the 6th, Eastern Time, over 50 countries affected by Trump's tariffs have proactively reached out to the U.S. government requesting negotiations. The 10% baseline tariff took effect at 12:01 a.m. on the 5th, while differentiated equivalent tariffs are scheduled to be implemented at 12:01 a.m. on the 9th, indicating that a new era of economic uncertainty is gradually unfolding, with little sign of resolution in the short term.

The U.S. Secretary of the Treasury claimed that unfair trade practices are not a problem that can be resolved in the short term. He emphasized that the U.S. must observe whether the conditions proposed by other countries are credible. Following a sharp stock market decline, Trump joyfully played golf in Florida and posted on social media, stating, "We will win. Hold on, this is not easy." His cabinet members and economic advisers also supported his tariff policy that day, attempting to mitigate the impact of the tariff war on the global economy.

The U.S. Secretary of Commerce clearly stated that the tariffs to be implemented in a few days will not be delayed and emphasized that this is unavoidable. Trump needs to reshape the global trading order, and the tariff policy is expected to last for several days or even weeks. Officials pointed out that while it may not necessarily lead to a recession, there are concerns about the unpredictability of market reactions.

As the policy continues to roll out, U.S. stock index futures fell, with major indexes showing significant declines, and allies like Israel were also severely impacted. The Prime Minister of Israel will meet with Trump at the White House to discuss tariff issues. Vietnam has also engaged with the U.S. on this matter.

While some Republican lawmakers have expressed support for this policy, there have been uneasy voices proposing bipartisan legislation requiring the President to explain the reasons for the tax to Congress, and demanding Congressional approval within 60 days. Some lawmakers believe it is necessary to reclaim the tariff authority for Congress.

Views within the Trump administration regarding the tariff policy are varied. Billionaire entrepreneurs remain silent on the policy, but they hope to promote trade balance between the U.S. and Europe. On the other hand, former Treasury Secretary criticized the government's contradictory signals, arguing that it is impossible to simultaneously revitalize manufacturing and maintain open trade negotiations.

• The comprehensive import tax policy has caused market turmoil, increasing recession concerns.
• Over 50 countries proactively contacted the U.S. requesting negotiations in response to the new tariffs.
• The Secretary of the Treasury emphasized the need to observe the credibility of other countries' conditions.
• The stock market reacted poorly, with related indexes showing significant declines.
• Some Republican lawmakers proposed legislation requiring Congressional approval for tariffs.