40699255262 Trump Makes Three Concessions, Market Soars
After waking up, both the US stock market and the cryptocurrency market surged, and the reason was Trump's "three consecutive concessions" along with a super bonus.
1. Trade War Eases: US Treasury Secretary Mnuchin stated that the trade war with China is unsustainable, and the situation may see some relief.
2. Significant Tariff Reductions: Trump openly said, "A 145% tariff is too high," suggesting that tariffs on China will be significantly lowered, even stating, "China and the US will cooperate very well."
3. Federal Reserve 'Retains' Powell: Despite complaints about the Federal Reserve's slow interest rate cuts, Trump clearly stated that he "has no intention of firing Powell," giving the market a sense of reassurance.
4. Russia-Ukraine Peace Plan: Even more explosive, Trump announced that he will unveil a Russia-Ukraine peace plan in three days, directly presenting a "peace plan" rather than a "ceasefire agreement," with a swift change in attitude that is astonishing.