Trump: Waiting for a call
Chinese side: Take your time
Trump: Negotiations are currently ongoing
Chinese side: There is currently no progress
Trader: Which of you two is trustworthy?
The market is being dragged along by political games, the news is all emotional, lacking logic, and price fluctuations are severely disconnected from the content of the negotiations. Traders are currently wanting to shout loudly, 'What the hell are you two talking about?'
Tariffs seem difficult to resolve, as both sides have their own core interests, and it’s not simply a matter of one side taking a step back; it’s a divergence of national fortunes for both sides over the next few decades, so it will inevitably be a tug-of-war, but it will ultimately lead to an agreement. We should also not be simply concerned about tariffs; it's just that the timing has coincidentally reached a point where a showdown is warranted, so before the tariffs come out, I noted that there would be a three-week window for countermeasures. It's more about geopolitical issues; a very delicate timing has provided a reason for a showdown.
In our culture, it has always been important to have a legitimate reason for going into battle; it’s not that we couldn't show our cards before, but rather that it needed to be done legitimately, and Trump has just provided an opportunity for mutual testing.~
