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Editor | L.Y.
Preliminary
Speaking the most poisonous word, he was beaten the hardest.When Trump woke up, the mind-blowing Nobel Peace Prize was given to Venezuelan reactionist Machado, and the man was still nominated for Rubio, but that was not the worst.
What affected his mood the most was China's counter-measures for two consecutive days, which made him overwhelmed. On October 10, Trump said vaguely in the face of reporters' inquiries that he had just learned about China's counter-measures. The matter has been entrusted to the Minister of Finance and the Minister of Commerce to resolve
Trump may have imagined countless times before that he was standing on the podium of the Nobel Peace Prize and receiving praise from all over the world. He believes that he has made unique "contributions" in promoting international affairs and resolving regional conflicts, and is fully looking forward to this highest international honor coming to him. However, reality is extremely cruel. The award of the Venezuelan reactionary Machado completely shattered his illusions.
Even more embarrassing is the fact that Machado won the prize and Rubio was nominated. Rubio has always been an active figure on the political stage, and his nomination has undoubtedly added an important contribution to the winning of the award. Trump may feel that Rubio is “raiding the head” and even “fighting” with him. This political “disappointment” has put Trump’s mood instantly to the bottom, and also buried the pen for his next series of bad experiences.
China countermeasures
China's counter-measures for two consecutive days have become a key factor affecting the US economic market and Trump's mood. Starting from October 9, 2025, China has introduced a series of precise and powerful countermeasures one after another, like a storm, sweeping across many fields in the United States.
In terms of trade, China has increased tariffs on some U.S. imports. This move is like a blockbuster, causing an uproar in the U.S. trade community. Many American companies that rely on the China market originally occupied a certain share of the China market based on price advantages, but now they are facing the dilemma of a significant increase in costs.
Taking the U.S. agricultural product industry as an example, China is an important export market for U.S. agricultural products. After China raised tariffs, the price competitiveness of U.S. agricultural products in the China market dropped sharply. Many American farmers watched helplessly as their products were unsalable and prices fell. According to relevant data, the export volume of some U.S. agricultural products decreased significantly in a short period of time after the introduction of the countermeasures, causing huge losses to U.S. agriculture.
At the same time, some manufacturing enterprises in the United States have also been seriously affected. The cost of raw materials they import from China has increased, resulting in higher production costs of products. In order to maintain profits, these enterprises have to raise product prices, but this makes their competitiveness in the international market weaker. Some foreign companies that originally planned to invest and build factories in the United States have also slowed down due to the uncertainty of the trade environment.
“Cold Winter” restrictive measures
The field of science and technology is another focus of China's counterattack. China has strengthened censorship and restrictions on U.S. technology companies, especially in key areas such as semiconductors and artificial intelligence. The business expansion of some American technology giants in the China market has been severely hindered.
For example, U.S. chip companies have gradually replaced their market share in China by domestic and other international companies. China’s restrictions have prevented these companies from smoothly introducing advanced technology into the Chinese market, nor can they engage in in-depth cooperation with Chinese companies.
In addition, China has also strengthened supervision of U.S. technology companies investing in China. This has made American technology companies face more approval procedures and uncertainties for their investment projects in China, further undermining their investment enthusiasm.
Affected by China's counter-measures, the U.S. stock market plunged on October 10, 2025. The Dow Jones Industrial Average, the Nasdaq Composite Index and the Standard & Poor's 500 all fell sharply. Investors were worried about the prospects of the U.S. economy and sold stocks one after another, causing panic to spread in the market. Many analysts believe that China's counter-measure policy is one of the important reasons for the plunge in U.S. stocks. It broke the originally relatively stable situation of the U.S. stock market and brought huge uncertainty to the U.S. economy.
Trump's troubles
In the face of the chaos brought by China's counter-repressive policies, Trump appeared vague in the face of reporters on October 10, 2025. he said he had just learned about China's counter-repressive measures and had entrusted the matter to the Minister of Finance and the Minister of Commerce to resolve.
The Minister of Finance is responsible for stabilizing the U.S. economy from the macroeconomic level. He needs to assess the impact of China’s countermeasures on U.S. fiscal income, debt status, etc. Chinese countermeasures have led to a decline in U.S. corporate profits and reduced taxes, which is a huge challenge to U.S. fiscal income.
In order to deal with this situation, the Treasury Secretary may need to consider adjusting tax policies. For example, whether to reduce taxes on the affected smaller industries to stimulate their development and compensate for the losses of other industries. At the same time, he also needs to pay attention to the debt situation in the United States. In the event of a recession, the U.S. debt burden may further exacerbate, and how to balance fiscal spending and debt scale has become a challenge facing the Treasury Secretary.
In addition, the Treasury Minister also needs to consider whether to increase government spending to stimulate economic growth.But increasing government spending may lead to further expansion of the fiscal deficit, triggering risks such as inflation.He needs to find a balance between stimulating the economy and controlling risk, which is undoubtedly an extremely tough task.
The Minister of Commerce needs to take action in the field of trade, communicate and negotiate with China, and try to ease trade tensions. He needs to organize relevant companies to assess losses and formulate response strategies. Many American companies hope that the government can reach a compromise with China to reduce the impact of countermeasures on them.
However, the firmness and rationality of China’s counter-repressive policies make the job of the Minister of Commerce extremely difficult. He needs to avoid further aggravating the US-China contradictions while safeguarding U.S. corporate interests. The Minister of Commerce may need to consider adjusting U.S. trade policies, reducing excessive reliance on the Chinese market, and finding new trading partners and markets.
conclusion
After Trump entrusted the issue to two ministers, he seemed to have fallen into a passive waiting situation. He may be expecting the two ministers to quickly come up with effective solutions to reverse the current unfavorable situation. However, the reality is not optimistic. The chain reaction of China's countermeasures continues to ferment, and the pressure on the U.S. economy and market is also increasing.
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