Combined with the U.S. International Trade Court's ruling on Wednesday to halt Trump's tariffs and Trump's fury when asked about the "TACO deal" on Wall Street, the topic of the tariff war seems to be losing its positive momentum after the initial excitement. The sentiment should also be gradually coming to an end, which is reflected in the current market situation.
The next shift in the market will depend on whether it is a continuation of the upward trend or a peak correction, largely resting on Trump's shoulders. However, judging from Musk's departure and criticism, he seems quite pessimistic about future deficit taxes and other related issues.