⚡️The first wave of tariff letters from Trump designated new tax rates for Japan, South Korea, and 12 other countries, effective August 1. It's the same formula, pressuring various targets back and forth—

This time it mainly targets the two little brothers, Japan and South Korea, telling you that you can continue to work on chips and cars, but it's time to pay the protection fee.

When it gets tough, take aim at allies first. The mission of these two little brothers now is to make America great again!

The tax rate is just a number, lacking credibility; it's merely testing the bottom line of various countries. If no agreement is reached by August 1, it will be postponed again.

Now the three-pronged policy of the understanding king has basically taken shape -

1⃣Why rush to impose tariffs globally? To increase fiscal revenue.
2⃣Why has there been repeated pressure on Powell to cut interest rates? To reduce interest expenses on US Treasury bonds.
3⃣Why is the Great Beauty Act drastically cutting welfare subsidies? To reduce fiscal expenditure.

However, the current capital market seems to be firmly betting on Trump TACO. I personally feel that the sentiment is a bit too one-sided. I won't make any moves this month unless there are excellent opportunities!

Crazy people can win money, but only rational people can survive until the end.