Nobel Prize-winning economist: With constantly changing U.S. policies, who would want to engage with them?

Nobel Economics Prize winner Heckman stated: From basic economic principles, we know that once there are such uncertain signals in the situation, people will choose to wait and see, and will not invest easily. They will also be particularly cautious about establishing long-term trading relationships. What we are undermining is precisely these long-term relationships. The United States is becoming a riskier trading partner, breaking the previous trade pattern based on comparative advantage. Now, all countries are adjusting their trade models, trying in every possible way to circumvent tariffs when trading with the United States. Due to the erratic policies of the United States, many countries are no longer willing to deal with the U.S. and are instead seeking alternative supply channels.