The Chinese Ministry of Commerce has just made a strong response to the U.S. tariff threat, stating that if the U.S. continues to do so (adding another 50%), China will "fight to the end." Trump has threatened to impose an additional 50% tariff on Chinese imports, bringing the total tariff to 104% on top of the existing 20% and 34% tariffs. The U.S. imports $439 billion worth of goods from China each year. China must remove the 34% tariff before April 8, or else Trump has stated that the new tariffs will take effect. Tensions in the trade war have reached new heights. With Putin's backing, has Trump become overly confident?
Is the U.S.-China trade relationship about to decouple? Trump: "If China does not withdraw its 34% additional tariffs by tomorrow, April 8, it will be another manifestation of their long-term trade abuse. The U.S. will impose an additional 50% tariff on China starting April 9." One can only say that Trump does not understand the superiority of China's unique system, nor does he understand the resilience of the Chinese people. The question is: who will collapse first, the U.S. or China?
Don't expect any changes in the near term; the tariff battle will continue until one side compromises. Some joke that the president and the emperor are not on the same level, and the U.S. will ultimately have to compromise first. At present, it seems that the Federal Reserve has not started any market rescue plans due to the recent sharp drop in U.S. stocks. The Fed's interest rate cuts may be minimal in May. Without liquidity, the flow of funds is poor, and the possibility of a one-sided rise remains low. The tariff war has occasional fluctuations. Cryptocurrency markets have seen wild ups and downs, which should be common recently. It is not advisable for everyone to have too much of a strategy; if you make money, just run. Those who are too strategic can easily be dealt with by the market makers. Recently, it is still recommended to buy in batches on dips in the spot market and to reduce positions after a rebound of 20-30 points. After all, there has not yet been a trend reversal. Everyone can only watch and see while walking. #美国加征关税 #鲍威尔发言 👇👇👇 币安王牌KOL专属群(五味子)
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