Unprecedented! China's Tariff Policy on No. 10 May Change, Will the Market Rebound?
Previously, China announced a 34% tariff on U.S. goods starting April 10, but now it seems this timing is very delicate. I believe China is unlikely to actually take action directly on the 10th, but rather will engage in a tug-of-war with the U.S. government, putting on a show. Why? Because if they directly impose a 34% tariff, the market will definitely plummet, and neither side wants to see that kind of situation.