Trump has announced his trade policy, both old and new with the name:
Made in the USA - Buy American - Hire American.
However, Trump's proposed import tax this time: up to 60% of goods from China and 20% for all goods from other countries... is a bold proposal - reversing more than 100 years of free international trade of the US
Other countries may reconsider, but Chinese goods will certainly be heavily taxed, especially in the context that goods shipped from China to the US are cheaper than goods shipped from the US to China
personal opinion - the cycle does not change. This week will be green until around 10/27 there will be fluctuations.