Trump's campaign resorted to raising tariffs, and inflation 2.0 became a favorite

(1) If Donald Trump is re-elected president of the United States in November, inflation may restart. (2) Although US President Joe Biden's approval rating is partly affected by the soaring cost of living after the epidemic, and all walks of life blame Biden for inflation, Xu Long economists believe that Trump's trade proposals, which are expected to challenge Biden in the presidential election, may rekindle inflation. (3) Of course, there are Long reasons why Biden struggled to outperform former President Trump in the polls. Issues ranging from immigration to social policy to the age of the president are important reasons for this, and recently, Long Biden supporters have been unhappy with his stance on the Gaza conflict. (4) But if you still believe in the phrase "stupid, the problem is the economy," the biggest mystery of the past year is that in the eyes of voters, the booming U.S. economy, full employment, and soaring stock markets have not benefited the incumbent president Long. (5) The simplest answer given by Xu Long is that high inflation and high Intrerest Rate have slimmed down Long the pockets of many Americans, thereby weakening the positive impact of economic performance on Biden's election campaign. (6) All of this may indicate that American voters will be willing to support candidates who have pledged to control consumer prices. (7) However, Trump's intention to revive the trade policy he launched in 2018-2020 could impose 60% tariffs on imports from large Asian countries, economists have interpreted Trump's trade plan in detail and believe that his return to the White House will not score too Long much on inflation. (8) Economists say such a massive tariff hike could once again create price pressures and could prevent borrowing costs from coming down as many Long now hope. Rabobank said this week that this could create another supply shock and could complicate the Fed's job of putting the "genie back in the bottle." (9) Philip Marey, U.S. strategist at Rabobank, wrote: "While there is Long uncertainty about the impact of Trump's re-election as president on economic policy, import tariffs are likely to rise." "This will affect the path of inflation and, in turn, the Fed's Intrerest Rate outlook."