It seems that only most countries have made concessions, and the tariff turmoil should come to an end.
PhyrexNi
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Is the reason for today's decline related to the A-shares? Currently, A-shares have already fallen significantly, experiencing the largest drop since the adjustment of tariffs, especially due to tariff adjustments from other countries. For example, Vietnam has imposed a temporary anti-dumping duty of up to 37.13% on some galvanized steel products originating from China, valid for 120 days, effective from April 16.
Additionally, South Korea has begun considering reducing tariffs on the U.S., Samsung is preparing to build factories in the U.S., and Japanese Prime Minister Kishida also discussed plans to increase job opportunities in the U.S. at a press conference today. Clearly, the previous tariff alliance among China, South Korea, and Japan no longer exists, and China is likely the only country in Asia that is firmly resisting tariffs.
With the implementation of tariff policies, stock markets around the world are experiencing declines. Yesterday, the probability of a recession in the U.S. exceeded 65%, leading many investors to choose to hedge.
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