China has raised tariffs to 125% and has stated that if the U.S. continues to play with tariff numbers, they will no longer respond.
My analysis is that you are threatening me with tariffs, and now I have reacted, which means I will not compromise. I will directly raise it to the point, and you should not use tariffs as a topic in the future; I can't be bothered to deal with you.
Now we just need to see how Trump operates, but from my estimation, he might release some tough words, after all, Trump is quite stubborn. However, this issue will definitely be resolved; the U.S. as a whole will not allow him to act recklessly forever. Right now, it's a time for both sides to exchange tough words, and then find a way down, and possibly both sides will resolve this matter through friendly negotiation. Of course, discussions between both sides won't be resolved in just a few days; there might still be some ups and downs in the market.
Next, it's about buying low and selling high. After saying this, I'll try not to short anymore.
