**7 Point Update: The State Council Will Significantly Raise Tariffs on the U.S. to 84%**
The State Council has announced that the tariff rate on all imported goods originating from the United States will increase from 34% to 84%. This move will further escalate trade friction between China and the U.S., affecting the global market landscape.
**Market Impact Analysis:**
1. **Manufacturing Advantage and Geopolitical Game**: As a major manufacturing country, China holds certain advantages in the trade war. If it further plays the 'Taiwan card' (such as promoting unification processes), it could fundamentally change the world order, resulting in setbacks for both U.S. stocks and bonds.
2. **Stock Market Outlook for May**: Market conditions are not optimistic, and the only potential turning point is a compromise from the Trump administration, but given its hardline stance, this possibility is low.
3. **Bitcoin Trends**: BTC prices may fall back to the $50,000-$60,000 range. Currently, if it drops below $73,000, it indicates that the preparation and rally phases in the two boxes on the left have failed, returning to a re-consolidation phase.
**Summary**: The escalation of tariffs between China and the U.S. will trigger a chain reaction, increasing volatility in financial markets, and investors need to respond cautiously.
