Summary:

Trump's announcement of "reciprocal tariffs" details their structure with baseline tariffs, higher tariffs on countries with trade deficits, and sector-specific duties. These measures, driven by a focus on trade imbalances, contradict the economic realities of the dollar's role as a global reserve currency (Triffin Dilemma). The potential consequences discussed include inflation and global trade disruption. It examines international responses like currency devaluation, currency swaps, and the potential for a new global currency as nations seek alternatives to the dollar in a changing trade landscape.

Get the Doc 👉🏻 包含逐字稿、时间线、FAQ、以及学习指引

Please let me know in the comments section if you have any queries.