May 19, 2018: China and the U.S. released a joint statement announcing the suspension of mutual tariff increases and agreeing to resolve differences through negotiations.
July 2018: The U.S. violated the consensus and unilaterally escalated tariff measures, leading to the interruption of negotiations.
In 2018, Trump launched a trade war against China, raising our average tariffs to 17%.
That year, although we also counterattacked, it was like tightly clenching our little fists and then being blown back.
As a result: in order to protect exports, the RMB depreciated by 13%. Don't look at this 13%, it means that in terms of dollars, every person's assets in the country shrank by 13%. It’s equivalent to us working hard, 996, with wages and profits reduced by 13%. Thankfully, our country is socialist, mobilizing the nation to stabilize prices; this loss was silently borne by the country and the people.
Let's go back to 2025. The U.S. national debt is 36 trillion dollars, and the interest is just over 10,000 dollars. Chuan Chuan's government is short on money, otherwise, they wouldn't let Musk go on a massive layoff, but that's just a drop in the bucket.
Looking around the world, which country can let the U.S. drain its blood to the fullest? The European Union is half-dead from being drained by the U.S. in the Russia-Ukraine conflict. India? Forget it, it's a dump of a country. Japan and South Korea? Too small. ASEAN is still struggling on the poverty line. Globally, only that Dongda has plenty of meat and blood.
Learn from the experience of 2018. Now, Chuan Chuan is back, and this time, he comes in with a 34% tariff, and it's global.
Why is it global? Because he wants to drain the blood of the whole world. He doesn't want to increase or decrease tariffs; we can negotiate. I shout a high price, you give a corresponding price. This applies to Europe and to China as well.
Alright, Chuan Chuan had a great plan, waiting for all countries to kneel, but then a thorn popped up, and yes, it was Dongda.
Having suffered a loss once, I do not want to suffer a second time.
I am much stronger than I was eight years ago. There are hardly any jewels left on the crown of industry. High-tech products? You weren't selling them to me anyway. Finance? I barely touch that anymore.
This time, we swung our big fists and fought back.
Chuan Chuan was stunned and angrily continued to impose tariffs on Dongda. Other countries watched the fun, and Chuan Chuan decided to delay the tariff period for other countries by 90 days.
I give everyone a 90-day buffer period, everyone hurry to negotiate with me, do not retaliate, otherwise it will be like China.
Ancient people said: today we take five cities, tomorrow we take ten cities, then we can sleep soundly for a night. Looking out at all directions, the Qin army is coming again. However, the territory of the lords is limited, but the desires of the violent Qin are insatiable; the more I give, the more urgent their invasions become.
May 14, 2025: China and the U.S. issued a joint commitment, announcing a suspension of mutual tariff increases, and both sides will establish a mechanism to continue negotiations on economic and trade relations.
Will the U.S. once again violate the consensus like in 2018? This time, the tariffs have made substantial progress, and with the ETH Prague upgrade, the crypto market is gradually improving, with BTC breaking through 100,000 and ETH soaring from around 1750 to 2700.
Currently, market sentiment is high, the fear and greed index is at 73, classified as greed.
It is expected that BTC will reach a local peak here, followed by a correction before it truly charges toward a historical high.
In short, as long as we have a good mindset and patience, we will definitely be able to see the light after the clouds part.
