#特朗普暂停新关税 **#特朗普暂停新关税 – Short-term Breather in Trade Games**

On April 10, 2025, the Trump administration announced a 90-day suspension of new tariffs on 75 countries and a unification of existing rates down to 10%, but China was still excluded, with tariffs on Chinese goods even raised to 125%. This move aims to ease tensions with economies like the European Union while concentrating pressure on China, reflecting its 'carrot and stick' strategy.

**Market Impact**:

- U.S. stocks surged in response, with the Nasdaq soaring 12% in a single day, marking its largest increase since 2001.

- Global supply chain pressures eased temporarily, but companies like Boeing and Tesla still face high costs, and the risks of industrial chain relocation remain.

**Long-term Concerns**:

- The China-U.S. trade war continues to escalate, with China retaliating against 84% of tariffs, impacting sectors like semiconductors and new energy.

- Inflationary pressures may become apparent later, with annual spending for American households potentially increasing by $3,800.

The short-term breather cannot mask the long-term game; the market needs to be wary of policy fluctuations and geopolitical risks. **#TradeWar #GlobalEconomy**