Trump uses tariffs, Bitcoin, and territorial expansion to make America great again! Are three tricks effective?

- Tariff Stick: Trump is extremely keen on tariffs and has claimed to impose high tariffs on goods from Canada, Mexico, and China. Looking back at the U.S.-China trade data from 2018 to 2020, the tariff measures did not effectively improve the U.S. trade deficit but rather complicated trade patterns, giving other countries the opportunity to seize Chinese export shares, and further expanding the U.S. global trade deficit. Economist Krugman has also criticized the tariff policy as only leading to 'ignorance and chaos.' The revival of tariff measures raises concerns.

- Bitcoin Salvation: Trump's attitude towards Bitcoin has dramatically changed from belittling it to strongly supporting it, attempting to use Bitcoin to hedge against the massive U.S. national debt. However, financial authorities such as Federal Reserve Chairman Powell and investment guru Buffett have a negative stance towards it, and the International Monetary Fund does not recognize Bitcoin's status as legal tender. At the same time, advancements in quantum computing technology pose potential threats to Bitcoin's encryption security. This 'salvation' strategy resembles a politically risky gamble filled with uncertainty, with a minuscule chance of success.

- Territorial Expansion: Trump's ambitions for territorial expansion are evident, attempting to incorporate Canada and Mexico into the U.S. map, and asserting sovereignty claims over Greenland and the Panama Canal. However, these ideas have met with strong resistance from the relevant countries and regions, with Greenland's autonomous government Prime Minister clearly stating it is 'not for sale,' and the President of Panama firmly responding to defend the canal's sovereignty. Such expansionist actions violate international norms and are bound to provoke strong opposition from the international community.

In summary, Trump's 'three tricks' seem formidable, but in reality, they are full of flaws. Whether these measures ultimately become a 'solution for salvation' or devolve into an 'international farce' can only be judged by time.

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