Odaily Planet Daily News: Trump escalates tariff threats, but the market has already become 'desensitized', with investors betting that Trump will always back down. Trump's latest tariff measures bring his tariff levels closer to the high tariffs announced to dozens of U.S. trading partners in early April than some analysts had expected. However, those initial so-called 'reciprocal' tariffs were postponed and renegotiated after a stock market crash; subsequently, Trump delayed the effective date of the tariffs from July 9 to August. However, investors are not taking this current president's threats as seriously as they did his earlier statements, betting that he will eventually abandon tariffs that could severely harm U.S. growth. This trade is referred to in the market as 'TACO'—an acronym for 'Trump Always Chickens Out'. (Jin Shi)