After the #CPI数据来袭 , China will not follow up with further interest rate hikes, and this round of trade war has temporarily come to a pause. So, in reality, the result of the US imposing tariffs is an overall 10% basic tariff, which is roughly in line with the expectations before Trump pulled up the Excel spreadsheet (China imposed exceptionally high tariffs individually but still had transshipment trade). Shouldn't all markets rebound to the position before Trump raised the billboard?