If the US-China tariffs continue to increase like this, it's just a matter of numbers, and it no longer holds any essential meaning. The short-term impact on the financial market will become smaller and smaller.
However, the impact of the tariff trade war on the economic market in the medium to long term is just beginning. I've heard that many bars in the US have already started to deal with the tariff issue by reducing alcohol sales by 10%, and that there are no more eggs to eat in the US. This is just the beginning; the impact on China is something that everyone is aware of but won't openly discuss, and it won't be spared either.
If an economic recession occurs, the probability of the US lowering interest rates to stimulate the market will increase. The prosperity of the financial market will also not be long-term; if the economic market is bad, the financial market will decline as well—it’s just a matter of time.
Trump wants to disrupt the economy before the midterm elections to reshape it, and time is quite urgent. To overturn the existing capital system, it can only be done by breaking down the old to establish the new. The breakdown is already showing signs; whether the new can be established depends on whether Trump can withstand the pressure!
The market correction is almost over; the correction is mainly dominated now. On this occasion, on the car.
