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2025-04-21

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China has imposed retaliatory tariffs! Trump emphasized: my policy will never change.

China has imposed retaliatory tariffs! Trump emphasized: my policy will never change.
讀後心得
U.S. stocks sharply declined before the market opened on the 4th, with the Dow Jones Industrial Average plunging more than 1,000 points at one point. The Chinese government announced a 34% tariff on U.S. imports starting April 10, escalating tensions in U.S.-China trade relations once again. Trump stated on social media that his policies would not change and called it a great opportunity to invest in America. In March, the U.S. added 228,000 non-farm payroll jobs, exceeding expectations and indicating that the job market remains strong, which could influence the Federal Reserve's interest rate decisions.

U.S. stocks plunged again before the opening on the 4th, with the Dow Jones Industrial Average dropping more than 1,000 points in pre-market trading. In response, Trump posted on social media emphasizing, "My policies will not change!" and stated that now is a great time to invest in America for profit.

The State Council of China announced a 34% tariff on all American imports starting April 10, which is the same rate imposed by the U.S. on China. As tensions between China and the U.S. in trade relations escalated again, U.S. stocks sharply declined before the opening. Initially, U.S. stocks were down slightly, but the situation worsened after China announced retaliatory tariffs. The Chinese Ministry of Commerce also added 16 U.S. entities to an export control list and included 11 companies in an unreliable entities list, causing the Dow Jones Industrial Average to plummet before the opening, repeating the grim situation of the previous day.

On his Truth Social media, Trump expressed to investors, "I sincerely thank all the friends who are willing to come to America and invest large amounts of money! My policies will never change. Now is the best time to get rich; it has never been easier to become wealthy!" He also praised the non-farm payrolls in March, which added 228,000 jobs, exceeding the expected 140,000, and significantly increasing from a revised 117,000 in February, indicating the U.S. job market remains strong, potentially prompting the Federal Reserve to maintain the status quo instead of cutting rates.