Trump's ultimate goal is to revive the American manufacturing sector and create a strong domestic economy, thereby enhancing the income and quality of life for the people. However, this can only be achieved if other countries agree to sit at the negotiation table to reduce taxes to a balanced level. The chain reaction would then be:

➡️ Manufacturing returns to the U.S. → American businesses become rich → Jobs increase → People have higher incomes → Consumer confidence rises → The U.S. stock market recovers and grows strongly again

In the opposite case:

➡️ Countries retaliate with higher tariffs → American goods become hard to export → American businesses incur higher costs → Inflation and unemployment rise → U.S. and global stocks plummet

If the U.S. steadfastly pursues this policy without reaching consensus, the risk of a global trade war is very high, leading to economic recession.

🔴 Conclusion

1. For us, I think many colleagues in the manufacturing sector will soon feel the impact, especially those companies within the global supply chain.

2. There is a group of companies that are almost immune to these policies/trade wars, which are technology companies like Meta, OpenAI, Google, and Microsoft, as they primarily sell software, digital services, and data, rather than physical goods.

3. Crypto is similar, but in the complex global economic situation, crypto will be sold off in a chain reaction. The market will only pump strongly when traditional capital flows freely. Therefore, colleagues should be mentally prepared as it will be very difficult for at least the next few months, and any recovery wave may come late.