Leolau08

Summary of key points from yesterday's live broadcast ⚠️
Second 2️⃣ The trade war issue that everyone is very concerned about, as mentioned before, if Trump only increases tariffs by 30% to 40%, then I think this policy is scientifically feasible, it could really happen. However, now that it has increased to 100% to 200%, this policy has lost its authenticity and feasibility, and there will be a lot of room for reversals. For example, the recent statement from the Chinese Ministry of Foreign Affairs indicated that tariffs have already reached 84%, and adding more is no longer meaningful. If the U.S. continues to impose tariffs, China will no longer participate in such a farcical performance. This official statement echoes my previous point of view. Once tariffs exceed 80%, it means that trade volume will decrease by more than 90%, which is almost equivalent to stopping trade. Any further increases will have little impact 🤷‍♂️
So at that time I stated that Trump's actions are very likely not a genuine intention to raise tariffs, but rather a way to use tariff threats to force these countries to compromise on other issues and seek other political benefits. This is well-founded. After my statement, China announced a reciprocal increase in tariffs on the U.S., which left Trump stunned. Then, we saw Trump repeatedly stating on Twitter that he was waiting for China to call him for negotiations, but as of now, China has not made that call 😅
So in the end, the issue of tariffs is not as bad as everyone thinks; there are also signs of easing. For example, recently the U.S. has proposed to reduce tariff increases on Chinese companies in the entire Apple supply chain. All of what I said can be verified with publicly available data and news.
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