According to BlockBeats, on September 11, according to a report from the Peterson Institute for International Economics, if the tariff policy mentioned by Trump during the campaign is implemented, it will aggravate the existing tariff burden and cause great damage to the US economy.

"If Trump raises tariffs as he proposes, the economy will likely fall into recession very quickly," said Mark Zandi, chief economist at Moody's. He added that this also includes the likelihood of retaliatory measures from other countries.

Zandi predicts that inflation will rise by 0.7 percentage points in the year after the tariffs are implemented.