XHW(SH:603888) Xin Hua She·2026-01-14 14:27Core Viewpoint - The new U.S. government has intensified political polarization and governance disorder, prioritizing "America First" over international norms, leading to global instability and uncertainty [1][12]. Foreign Policy - The U.S. government has adopted extreme unilateralism and alliance restructuring, withdrawing from international agreements like the Paris Accord and the WHO, resulting in fragmented global governance [1][2]. - The implementation of "Monroe Doctrine 2.0" or "Tangro Doctrine" involves military interventions in Latin America while attempting to undermine China-Russia cooperation [2][4]. - The U.S. has emphasized transactional relationships with allies, demanding greater defense responsibilities and linking economic and security issues [3][12]. Economic Policy - The U.S. continues to impose tariffs and engage in hegemonic interventions, causing supply chain disruptions and increased costs for consumers, which are expected to lead to a $3.3 trillion deficit over the next decade [2][12]. - The government's focus on "de-globalization" and "friend-shoring" has resulted in local supply chain paralysis and rising logistics and production costs [2][12]. Military Strategy - The U.S. military strategy shows a trend of strategic contraction, reallocating resources from the Middle East and Europe to focus on the Western Hemisphere and the Indo-Pacific, exacerbating local tensions [2][3]. Domestic Policy - The government has implemented drastic administrative reforms, including significant layoffs and budget cuts, leading to a historic government shutdown and a decline in public trust [8][9]. - Immigration policies have become more extreme, resulting in the largest-scale deportations in history, which may shrink U.S. GDP by 1-4.9% due to labor shortages [8][9]. - Social and educational policies have intensified divisions, particularly between "red" and "blue" states, exacerbating cultural conflicts [8][10]. Overall Assessment - The global perception of the U.S. government is largely negative, with significant concerns over unpredictability, retreat from multilateral cooperation, and the transactional nature of alliances [5][6][12].