讀後心得

The United States President Trump initiated a tariff battle, while Taiwan, Vietnam, and Cambodia chose to adopt a conciliatory stance, and China and Canada retaliated with counter-tariffs. The European Union decided to impose retaliation on $28 billion worth of American goods, and may strengthen these measures further. The EU hopes to use this action to encourage the United States to return to the negotiation table and has proposed a related list that includes various American products. As of now, no consensus has been reached in negotiations, and the counter-tariffs are expected to be voted on April 9, with implementation set for April 15 if approved.

The U.S. President Trump has initiated a global tariff war, and Taiwan, Vietnam, and Cambodia have chosen a relatively conciliatory stance in the face of this pressure. In contrast, countries such as China and Canada have decided to respond with "retaliatory tariffs." Recently, the European Union has also expressed dissatisfaction and has decided to impose retaliatory tariffs on U.S. goods worth $28 billion, and does not rule out the possibility of imposing additional tariffs later to combat the U.S. hardline stance.

Trump's high "reciprocal tariff" policy has shocked the world. Our country's president has announced that there will be no retaliatory tariffs against the U.S., but rather a focus on increasing procurement and investment from the U.S. Countries like Vietnam and Indonesia have also adopted similar soft response strategies. However, China and Canada have chosen to respond strongly, engaging in fierce confrontation with Trump.

The EU's list of retaliatory tariffs has been submitted to its 27 member states, covering U.S. meat, grains, wine, timber, clothing, and everyday goods. Nonetheless, there is division among member states on whether to include U.S. "bourbon whiskey" on the list, with wine-producing countries like France and Italy concerned about potentially triggering further retaliation from Trump.

The EU will hold a meeting in Luxembourg on April 7 to discuss how to respond to Trump's tariff policy. An EU diplomat stated that this move aims to demonstrate unity and force the U.S. back to the negotiating table. If consensus cannot be reached, the EU has indicated it will fight back with full strength.

As of now, there has been no concrete outcome in the negotiations between the EU and the U.S., so the $28 billion retaliatory tariff is expected to be voted on April 9, and it may pass. If supported by a majority of countries, the new measures will take effect on April 15 and could lead to additional retaliatory measures in the future.

A diplomat pointed out that this is a difficult choice; if the reaction to the U.S. is too harsh, it could escalate the trade war, and if the stance is too weak, it would not compel the U.S. to return to the negotiating table.

Investors should carefully assess risks and take responsibility for their investment outcomes.