Trump suddenly issued a danger warning.
On March 16th local time, former US President Donald Trump warned that if he fails to win the November US presidential election, it will be a "massacre" of the US economy. Meanwhile, Trump also threatened to impose 100% tariffs on cars produced outside the United States if he returns to the White House.
Wall Street has already anticipated Trump's tariff warning, and Barclays Bank predicts in its latest report that if Trump wins the presidential election and imposes a high 20% tariff on European automakers, the euro/dollar exchange rate may fall back to parity. In addition, the Chief Investment Officer of Blackley Financial Group in the United States, Bukewal, warned that imposing a 60% tariff on any country would be an economic disaster.
If nothing unexpected happens, Trump and current President Biden will once again face off in the US presidential election in November this year. At present, the support rates of the two are very close. According to a recent poll conducted jointly by Reuters and Ipsos, Trump's support rate among registered voters is temporarily one percentage point behind Biden.
Trump Warning
On March 17th local time, Bloomberg reported that former US President Donald Trump warned that if he cannot win the November US presidential election, it will be a "massacre" of the US economy. Meanwhile, Trump also threatened to impose 100% tariffs on cars produced outside the United States if he returns to the White House.
According to reports, on March 16th local time, Trump reiterated in a speech to supporters in Ohio that his defeat to Democratic President Biden in the 2020 election was the result of election fraud.
He also stated that the November 5th election this year will be the most important day in American history, and if he cannot win, it indicates that American democracy is likely to come to an end. "If we can't win this election, I don't think this country will have any more elections."
When talking about tariffs on imported cars and the impact of foreign countries on the US automotive industry, Trump said, "We will impose 100% tariffs on every car that enters the country. If I were elected, you wouldn't be able to sell these things." He added, "Now, if I wasn't elected... for this country, it would be a 'massacre'."
When asked about the meaning of the "Holocaust," Trump's campaign team pointed out that the automobile manufacturing industry is Ohio's pillar industry, and Biden's policies will bring an economic "massacre" to the automobile industry and auto workers.
Trump called on African American and Hispanic American voters to vote for him, stating that they will play a crucial role in the November elections. In the 2020 election, non white voters were a key factor in Biden's victory.
Trump claimed that Biden's immigration invasion policy has caused the greatest harm to African American and Hispanic Americans, and stated that illegal immigrants are taking away their jobs.
In response to Trump's remarks, James Singh, spokesperson for Biden's presidential campaign team, responded, "Trump is like this: a loser who lost more than 7 million votes, he did not attract more mainstream audiences, but doubled his threat to use political violence. He wants to do it again on January 6th, but the American people will make him fail again in this November's election because voters continue to reject his extremism, his love for violence, and his desire for revenge."
How significant is the impact?
"I am a staunch believer in tariffs," according to a previous report by Consumer News and Business Channel (CNBC), in which Trump described himself in an interview, claiming that imposing tariffs on foreign goods is beneficial to the United States from both an economic and political perspective.
In fact, Wall Street already has expectations for Trump's latest tariff warning. Barclays Bank predicts in its latest report that if Trump wins the US presidential election again in November this year and imposes a high 20% tariff on European automakers, the euro/dollar exchange rate may fall back to parity.
Trump previously stated that if he could take office again, he would impose tariffs on all imported goods, including those from the European Union.

Barclays strategists such as Themistoklis Fiotakis wrote in their report that if Trump returns to the White House later this year and imposes more trade tariffs, the US dollar could rise by up to 3%.
They also stated that it is expected that US fiscal spending will increase and commitments to NATO will weaken, which will further boost the US dollar.
It is worth mentioning that the last time the euro fell to parity against the US dollar was in the summer of 2022. At that time, due to the full outbreak of the Russia-Ukraine conflict, European energy costs soared sharply, which severely damaged the European economy.
In addition, Blinkley Financial Group's Chief Investment Officer, Buchwald, warned, "I believe that if we impose a 60% tariff on any country, it would be an economic disaster, not to mention our huge trading partner China. Unfortunately, the President can independently set these tariffs without congressional scrutiny."
General election situation
The US presidential election is roughly divided into two stages. Firstly, the two major political parties, the Republican Party and the Democratic Party, elect their presidential candidates through primary elections. Then, candidates nominated by both parties enter the election (there are also independent candidates who collect signatures and meet the standards before participating in the election).
On March 13th local time, Trump and current President Biden each defeated their party rivals by an absolute advantage, locking in their respective party candidate qualifications early on. If nothing unexpected happens, the two will once again face off in the US presidential election in November this year.
At present, the support ratings for Trump and Biden are very close. According to a recent poll conducted jointly by Reuters and Ipsos, Trump's approval rating among registered voters is temporarily one percentage point behind Biden's.
Amidst the stalemate of the situation, the explosive remarks made by former US Vice President and Republican Pence have sparked heated discussions.
According to Xinhua News Agency, on March 15th local time, Pence said in an interview with US media, "I won't support Donald Trump this year, which is not surprising." He explained that Trump deviated from the conservative agenda followed by the two in office for four years. He and Trump have profound differences on treasury bond, abortion rights and other issues.
Pence did not disclose who he would support, but stated that he would never vote for the current president, Democratic Biden, or support a third party candidate.
American media believe that Pence's statement deepens the already sharp differences between him and Trump, and also indicates that although Trump has strengthened the Republican Party's "Trump ization" in ideology and style, there are still significant differences within the Republican Party, which may add uncertainty to Trump's campaign path.