On Thursday, Trump announced that he would impose a maximum 25% tariff on all cars not manufactured in the United States, as well as on certain automotive parts. The current baseline tax rate is 2.5%, which means it has increased tenfold!
Moreover, these are 'permanent' measures, and there is no intention to negotiate any exemptions. He also mocked the automotive supply chain at the U.S.-Mexico-Canada border as 'absurd and ridiculous,' asserting that his policy will lead to cars being produced in a 'single location.'
Currently, the countries exporting the most cars to the U.S. are Mexico, accounting for 25%, and Canada, 20%, thanks to the North American Free Trade Agreement, with many Japanese and German car manufacturers setting up plants in these two countries;
Japan's domestic export ratio is about 15%, while China currently does not directly export complete vehicles to the U.S., so it is less affected by the tariffs. Compared to the impact of tariffs on Chinese car manufacturers, Trump’s opening up of domestic oil and gas, leading to lower prices, is the most lethal blow to new energy vehicles.
Currently, U.S. stocks can only be traded short-term. Trump announced a 25% tariff on all 'non-American-made' cars, effective April 2. This news caused the Dow to close down more than 100 points, the S&P 500 index fell by 1%, and the Nasdaq index dropped by 2.04%. With the tariff war continuing, the Federal Reserve predicting rising inflation, and economic growth slowing, the likelihood of a recession in the U.S. by 2025 is 30-35%. Federal Reserve's Kashkari stated that there is still more work to do regarding inflation reduction.
Trump's tariffs are repetitive, and Wall Street capital is just watching the changes, unable to understand?
The Federal Reserve has not lowered interest rates yet; a one-sided rise and a significant surge will not happen in the near term.
It is still advisable for everyone to reduce positions during rebounds and not to be too ambitious. From a technical perspective, it is not yet time to hold cash. We still need to be patient and wait for a certain breakthrough; only with BTC stabilizing at 92,000 can we open up a significant upward trend.
If it can't go up now, then just lie flat and observe. Just remember one thing: if BTC does not crash, I will not enter the spot market. $BTC #美国加征关税
👇👇👇
币安王牌KOL专属群（五味子）
Moreover, these are 'permanent' measures, and there is no intention to negotiate any exemptions. He also mocked the automotive supply chain at the U.S.-Mexico-Canada border as 'absurd and ridiculous,' asserting that his policy will lead to cars being produced in a 'single location.'
Currently, the countries exporting the most cars to the U.S. are Mexico, accounting for 25%, and Canada, 20%, thanks to the North American Free Trade Agreement, with many Japanese and German car manufacturers setting up plants in these two countries;
Japan's domestic export ratio is about 15%, while China currently does not directly export complete vehicles to the U.S., so it is less affected by the tariffs. Compared to the impact of tariffs on Chinese car manufacturers, Trump’s opening up of domestic oil and gas, leading to lower prices, is the most lethal blow to new energy vehicles.
Currently, U.S. stocks can only be traded short-term. Trump announced a 25% tariff on all 'non-American-made' cars, effective April 2. This news caused the Dow to close down more than 100 points, the S&P 500 index fell by 1%, and the Nasdaq index dropped by 2.04%. With the tariff war continuing, the Federal Reserve predicting rising inflation, and economic growth slowing, the likelihood of a recession in the U.S. by 2025 is 30-35%. Federal Reserve's Kashkari stated that there is still more work to do regarding inflation reduction.
Trump's tariffs are repetitive, and Wall Street capital is just watching the changes, unable to understand?
The Federal Reserve has not lowered interest rates yet; a one-sided rise and a significant surge will not happen in the near term.
It is still advisable for everyone to reduce positions during rebounds and not to be too ambitious. From a technical perspective, it is not yet time to hold cash. We still need to be patient and wait for a certain breakthrough; only with BTC stabilizing at 92,000 can we open up a significant upward trend.
If it can't go up now, then just lie flat and observe. Just remember one thing: if BTC does not crash, I will not enter the spot market. $BTC #美国加征关税
👇👇👇
币安王牌KOL专属群（五味子）
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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