A Brief Commentary on Trump's Tariff Remarks: Only Counting the "Paper Accounts", Hard to Conceal the "Hidden Costs"

Trump's statement "midnight tariff revenue" is essentially a one-sided narrative that packages tariff policy with short-term financial figures. On the surface, billions of dollars in tariff revenue flow into the national treasury, as if the "trade has been won"; but the flip side is that this revenue is actually borne by American businesses and consumers—imported goods have their prices elevated, which increases inflationary pressure, and is more likely to provoke retaliation from trade partners, squeezing the overseas market space for American export companies.

Tariffs have never been a "no-cost business." Behind the short-term increase in revenue lies the hidden cost of rising industrial chain costs and reduced market efficiency. While shouting "money is coming," the long-term impacts of weakened corporate competitiveness and shrinking consumer purchasing power are also overlooked. Such statements that only discuss gains without addressing costs resemble political rhetoric for mobilization rather than an objective assessment of the overall trade policy.
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