【Just now, the storm struck!】Although it was somewhat anticipated, the tariff plan that Trump announced last night still caused a huge shock to the global market. As of now, the Asia-Pacific stock markets are all experiencing sharp declines, with the Nikkei index and South Korea's KOSPI index both dropping over 3%, the Hang Seng Index falling nearly 3%, and the Hang Seng Technology Index briefly plummeting nearly 5%. Meanwhile, the virtual currency market continues to crash, and European market futures are also experiencing widespread declines. Analysts believe that, structurally, the recent drop in U.S. stocks may not only be due to Trump's tariff policy, but also expectations of interest rate hikes and Microsoft's stance on the Stargate. From the perspective of A-shares and Hong Kong stocks, the market may undergo some changes, but a structural trend may continue.