(Source: CCTV News Client, 2025-05-01)

After the Trump administration came to power, the tariff policy has been drastically adjusted. The frequent changes and uncertainties of the policy have made internal conflicts within the US economy increasingly prominent, while the White House is only concerned about passing the blame. "Global Vision" invites Zhang Jianping, deputy director of the Academic Committee of the Research Institute of the Ministry of Commerce,w88 casino games, Director of the China World Trade Organization Research Institute of the University of International Business and Economics, brings analysis and interpretation. The following is an excerpt from the interview content of Dean w88 casino games.

How do you view the abnormal phenomenon of US tariff policy causing the sharp drop in freight volume at the Port of Los Angeles?

w88 casino games:Trump's tariff policy is similar to shock therapy, causing US shipping to stagnate. In the global supply chain system, logistics, as a key link, is most vulnerable to direct impacts by changes in trade policies, and its operation status directly reflects international trade activities.

How will Trump’s tariff policy be refunded since April?

w88 casino games:After the Trump administration came to power, it has announced multiple rounds of tariff policies, including implementing a 25% tariff based on Article 232 on steel and automobiles, imposing a 20% tariff on so-called "fentanyl" related products in China, and the so-called reciprocal tariffs announced on April 2. However, the process of formulating these tariff policies is extremely reckless and casual, lacking careful consideration, and is completely based on wrong perceptions and one-sided obsessions, and failing to reasonably expect the consequences of policy implementation.

The root cause of frequent policy changes lies in the emergence of many unexpected situations. Taking reciprocal tariffs as an example, the United States imposed exemptions on some countries on April 9, because the US financial market suffered a huge impact after the news of the increase in tariffs was released, forcing the Trump administration to make policy adjustments.

The US policy of imposing tariffs lacks a thorough design and is based on wrong concepts. The implementation effect is counterproductive. It is better to directly restore the state before the tariff adjustment.

What caused the current situation of the hollowing out and unrealized manufacturing in the United States? What is the main problem?

w88 casino games:At the beginning of the end of World War II, the United States was the world's number one manufacturing factory. However, with the continued development of the economy, the US manufacturing industry has gradually experienced outflow and hollowing out.

First, this is the independent decision of American companies. In pursuit of higher profit margins and return on capital, companies choose to transfer manufacturing to other regions.

Attached the original interview video link:https://content-static.cctvnews.cctv.com/snow-book/video.html?item_id=12552535450260196053&t=1746112314394&toc_style_id=video_default&share_to=wechat&track_id=e4f2ac08-694d-433f-9000-2d7a879acdbb