"The Strong Indian Classmate" 1. The US tariff policy reminds Sha Ge of Indian classmates when he was in college The fool asked why India is so high in tariffs and market access restrictions? Indian classmates said resolutely: If India does not increase tariffs, industrial domestic products will be dumped in India. In this way, India will spend money on industrial goods, but it has no advantage in exporting products. Eventually, India will become increasingly poor. Therefore, India must adhere to high tariffs for a long time. This time was around 2013 2. The fool was very surprised that Indian classmates would think this way Because at that time, the domestic long-term implementation of import substitution strategy was implemented. Industrial products from all walks of life need to be gradually reduced after the protection period of high tariffs. Counterattack foreign competitors and defeat the industrial categories of developed countries. Behind the firm thoughts of Indian classmates, there is a great lack of confidence That is, Indians will never catch up with the products of advanced industrial countries, and there is no possibility of domestic replacement in India. 3. The situation in the United States is different Americans are clumsy, and most industrial products cannot end up playing with East Asians who are skillful in their hearts. The most core export of the United States is US dollar + military guarantee This is also the best export product 4. What is the essence of tariffs It's the Great Wall Similar to the establishment of the Great Wall in ancient my country to resist invasion Americans build the Great Wall because they are afraid of being dumped by industrial products, and it is a manifestation of the decline of industrial capabilities. Not a good thing for crypto assets It is beneficial to the national destiny of our country as a whole