Trump is still too impressive 🚨 He announced that China and the United States reached an agreement at the Geneva meeting, with both sides canceling 90% of tariffs and suspending the originally scheduled 24% tariffs for 90 days, keeping only the minimum 10% tariffs. As soon as this news came out, it was like a shot of adrenaline for the global financial market, feeling like it was about to boil over! 一级优质meme交流群

It should be known that previously the United States unilaterally raised tariffs and escalated measures, increasing the 'reciprocal tariff' rate against China from the first round of 34% all the way up to 84% and 125%, which severely harmed normal bilateral trade and made the international trade order a mess. China certainly cannot sit idly by and must firmly respond appropriately. The market has been tense, with uncertainties in everyone's mind.

This meeting is indeed crucial! For Trump to achieve such a result is not something just anyone can do. This means that the United States has canceled a total of 91% of the additional tariffs on China, and China has correspondingly canceled and suspended tariffs at the same level. Song Guoyou, deputy director of the Center for American Studies at Fudan University, said that this is equivalent to the United States canceling its special discrimination against China, bringing tariffs down to a benchmark level similar to that of most countries, which is very helpful for restoring China-U.S. trade to the right track.

Now the global stock markets are bound to become lively. Previously, due to tariff issues, the stock market experienced significant fluctuations, with all three major U.S. stock indexes opening lower, the Dow Jones index falling over 8% in nearly 20 days, the Nasdaq index dropping over 10% in nearly 20 days, and the U.S. dollar weakening against major currencies, with the dollar index briefly falling below 98. Spot gold rose and broke through 3400 USD/ounce. Now that the tariff issue has been resolved, those companies that were suppressed due to the trade war are sure to see their performance recover, and won't their stock prices rise? Whether it’s the U.S. stock market, China's A-shares, Hong Kong stocks, or the stock markets of other countries, they will all benefit. Those export-oriented companies will definitely see an increase in orders, and with profits going up, how can their stocks not rise? 一级优质meme交流群