《华尔街日报》社论：特朗普败了，这更像是投降

Group 1 - The article argues that the trade war initiated by President Trump has failed, with the recent agreement with China being viewed as a capitulation rather than a victory [1][2][6] - Trump's decision to roll back tariffs is estimated to release approximately $300 billion (about 21,573 million RMB) in tariff reductions, which is seen as a significant tax cut [1][4] - The temporary suspension of tariffs helps avoid an imminent economic collapse, addressing concerns of product shortages in the U.S. and rising unemployment in China [1][4] Group 2 - Trump's actions have weakened the potential for forming an anti-China trade coalition, damaging U.S. economic and political credibility [2] - Despite the rollback, the article notes that the remaining tariffs are still high, with a potential baseline tariff of 10% and additional tariffs on China below 145% [5][6] - The article compares the current situation to the Smoot-Hawley Tariff Act, which led to significant economic turmoil, suggesting that the current trade policies could similarly harm U.S. competitiveness [5][6]