The shock wave of tariffs hits a pain point for the US government leadership

律动BlockBeats
律动BlockBeats|Apr 13, 2025 11:47
According to BlockBeats, on April 13th, the US government quietly adjusted its tariff policy, exempting electronic products such as smartphones, laptops, and chips from "equivalent tariffs". Regarding this shift, Robert Golotti, a political science professor at the University of Chicago, bluntly stated that it is due to the chain of turbulence caused by tariff policies, which has "touched a pain point" for the US government leadership. American economist Jared Bernstein has revealed its underlying logic, stating that exempting some electronic product tariffs is because the Trump administration has begun to realize the impact of tariffs on reality. He warned that if the impact of tariffs spreads to the bond market, there is a sudden increase in the risk of systemic collapse, which could trigger a global financial crisis. (CCTV International News)
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