New Developments on the Second Wave of Tariffs: Market Impact Continues, Strategies More 'Clever', Scope Yet to be Revealed

1. Strategy Change: Timing and Method More 'Clever'

Last Friday, when mentioning tariffs, Trump specifically referred to tariffs on Canada, Mexico, and China, even providing tax rates. However, this time he only mentioned 'multiple countries,' without specifying a timeline, only stating that there would be a meeting next Monday or Tuesday.

The timing of the announcement is more clever: last time it was at the end of the US stock market trading, leaving the market no time to react; this time it was announced during the trading hours after the non-farm payroll data was released, providing the market with time to digest the news.

2. Core Change: Focus on 'Reciprocal Tariffs'

'Reciprocal tariffs' is a stance that Trump advocated during his campaign, meaning that US import tariffs would match those of its trading partners. For instance, if the EU imposes a 10% tariff on US cars, the US would impose a 10% tariff on EU cars.

If this proposal is implemented, tariffs will become widespread, affecting trade and supply chains. As soon as the news broke, the EU proposed reducing the US car import tariff from 10% to 2.5%, indicating that Trump uses tariffs as a negotiation tool to pressure other countries to reduce trade barriers against the US.

3. Scope Change: Market Speculates on the Scope of 'Multiple Countries'

Last time, it was clearly Canada, Mexico, and China; this time the term 'multiple countries' raises speculation that the EU, Japan, Southeast Asia, and others may be affected, and further attention is needed on the reactions and actions of more countries.

A friendly reminder from Lao Liu about being cautious in the cryptocurrency space recently, avoiding extreme market conditions like in August last year…#非农就业数据来袭 #比特币后市 #比特币盘整将持续多久？ #比特币国家战略储备 #美国加征关税 $BTC $ETH