#关税

Have you all watched the press conference from the Ministry of Commerce just now?

‼️‼️‼️Tomorrow, both the Chinese and American stock markets can be at ease, as we have not immediately retaliated with a 100% tariff! On Monday, the A-share market will at most open lower and then recover!

The control over rare earths in China was issued on the 9th and takes effect immediately.

The tariffs and export restrictions from Trump were announced on the 10th and will take effect in November.

Trump's delay in implementation indicates that he does not want to escalate.

On the 4th, the US announced an increase in tariffs, and our stock market did not drop.

It was only after we announced reciprocal measures that there was a significant drop on the 7th.

The cooperation on rare earths between the US and Pakistan is the US trying to prove that it has various self-rescue plans regarding rare earths, diluting the value of the rare earth card in China's hands during Sino-American negotiations.

The control measures issued by China on the 9th are to demonstrate to the US the value of our rare earth card; it must have value to qualify for exchange.

Now, Trump is panicking and in pain, which shows that he recognizes the trading value of our rare earth card. Next, there will be a meeting at the end of October for mutual interests exchange and handshake reconciliation!

Therefore, China did not immediately increase tariffs in retaliation.

As a result, tomorrow should see a good rebound in the market. Stay tuned.