Bloomberg slams Trump's tariffs as "disregarding market wisdom": the costs will be borne by the United States, and the worst is that the world has already opened its doors.

In response to Trump's latest tariffs, Bloomberg pointed out today (4) that Trump's tariff policy lacks economic and moral basis and flouts market wisdom, and its results may not only be contrary to its original intention of improving the trade deficit, but may also require American consumers and investors to pay for its mistakes. (Synopsis: U.S. stocks crashed on record, and the Fei Half Index plunged 10%!) Trump: There is nothing to talk about tariffs unless they provide something great for the United States) (Background addendum: Trump's tariff nuclear bomb still has a turnaround? US Treasury Secretary: There will definitely be negotiations, suggesting that countries do not choose to retaliate) US President Trump officially launched his comprehensive tariff plan for many countries yesterday (3), and declared a national emergency, declaring that he would strive for global fairness in trade for the United States. At the same time, although Trump's latest tariffs have now caused a huge impact on the global financial market, and the collapse of US stocks today (4) has set a historical record, Trump bluntly said that his tariff policy is like a "scalpel", and the US economy is a "patient who has just completed surgery" and will become stronger after recovery. However, amid the violent turmoil in financial markets, Trump's tariff policy has also triggered a strong backlash from a number of analysts and even economists. Just today (4), Bloomberg released an article pointing out that Trump's tariff policy lacks economic and moral basis and flouts market wisdom, not only fails to achieve his promise of "making America great again", but may also have a profound negative impact on American consumers, investors and even global supply chains. Bloomberg: Trump tariffs defy market wisdom The Bloomberg article makes it clear that the essence of Trump's new tariffs is not "reciprocal" as the White House claims, but is simply designed in proportion to the target country's trade deficit and has nothing to do with the country's tariffs on U.S. exports. The article criticizes that this tariff formula not only lacks a logical basis, but will also cause more pain to American consumers. Trump's misconception about global trade has led to policy choices that will ultimately hurt America's own interests, forcing consumers to buy more expensive and lower-quality goods rather than promoting a domestic manufacturing revival. To demonstrate this point, Bloomberg begins by pointing out that these tariffs are not aimed at fair trade, but rather on trade deficits, a design that is itself contrary to economic theory. For example, Bangladesh faces high tariffs of 37% for efficiently supplying clothing needed by the United States, while less efficient India is levied only 26%, a difference that distorts market competition and benefits inefficient economies; Second, if Trump's goal is to reduce the overall U.S. trade deficit, forcing the bilateral deficit to zero is extremely inefficient and will disrupt existing supply chains and make U.S. consumers pay a higher price; In addition, Bloomberg cited the apparel industry as an example of how tariffs have made it difficult for U.S. domestic factories to compete and forced the market to shift to suboptimal options, such as products from India or Colombia, further exacerbating the double loss of quality and price; Finally, the article emphasizes that the uncertainty of this proportion of tariff manufacturing will continue to drive up inflation, and investors will have difficulty predicting costs, which will ultimately hinder the long-term development of the US manufacturing industry. Trump's tariffs open the door to the worst of the world Finally, the article concludes that Trump's tariff policy will not only fail to deliver on his promise of a manufacturing revival, but will instead become a burden on the U.S. economy and the voters who believe in him. This policy upends 20 years of market wisdom, punishing efficient suppliers such as Vietnam and Bangladesh, while allowing inefficient economies to get something for nothing. For U.S. consumers, this means higher prices and poorer product selection; For investors, it's higher uncertainty and lower returns. Bloomberg warned that Trump's tariff design would bring about lasting economic chaos, the consequences of which could be far beyond expectations, to the point of becoming the worst outcome its supporters had not expected, bluntly saying that "Trump opened the door to the worst of the world." There is no doubt that Trump's new tariff policy has thrown a shock bomb on the global economy, but criticism that its actual effect is contrary to the original intention is also rising. It remains to be seen how the success or failure of this trade experiment will redefine the global economic order as policies are implemented. Related reports Read the article: How does Trump's tariff war stir up cryptocurrency prices? Bitcoin knocks 85,000" Trump reciprocal tariffs detonated tonight, analysts: BTC hit its worst quarterly performance in 3 years, but there is still a second wave of the main rising wave possible U.S. stocks crashed on a record, and the Fei Half Index plunged 10%! Trump: There is nothing to talk about tariffs unless they provide something great for the United States "Bloomberg scolds Trump for tariffs "defying market wisdom": mistakes are paid by the United States, the door to the most miserable world has been opened" This article was first published in BlockTempo "Dynamic Trends - The Most Influential Blockchain News Media".