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2025-04-20

The argument in favor of using filler text goes something like this: If you use any real content in the Consulting Process anytime you reach.

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The tariff measures by Trump led to the largest drop in the US stock market since 2020, and China and the EU are determined to retaliate.

The tariff measures by Trump led to the largest drop in the US stock market since 2020, and China and the EU are determined to retaliate.

  • 6 April, 2025

The day after Trump announced the comprehensive imposition of new tariffs, global stock markets plummeted, with the S&P 500 index crashing by 4.8%, marking the worst performance since the pandemic. Shares of major consumer brands such as Nike, Apple, and Target all fell by more than 9%. Trump insists that this move will help boost the U.S. economy and revitalize manufacturing, but retaliatory tariffs from multiple countries soon followed, and global trade volumes are expected to shrink. The market is generally concerned that the tariffs will trigger inflation and a slowdown in economic growth, with an unclear economic outlook in the future.

"Equal Tariffs" Triggered a Major Drop in US Stocks, JPMorgan: Global Recession Risk Rises to 60%

  • 6 April, 2025

After U.S. President Trump announced additional tariffs, the market became concerned about a trade war and a global economic recession. On April 3, the three major U.S. stock indexes fell significantly, marking the largest single-day drop in several years.

Did Trump establish a

Did Trump establish a "protective net" against China by imposing high tariffs on multiple Asian countries?

  • 6 April, 2025

China expressed "strong countermeasures" against the new tariff measures imposed by the United States. Trump mentioned that China's trade barriers are too high when imposing tariffs on trade partners and plans to levy a preferential tariff of 34%. The Chinese Ministry of Commerce immediately condemned this action as bullying and stated that it would safeguard its own rights and interests. Experts point out that the new tariff policy will affect China and its supply chains in Southeast Asia. At the same time, Trump canceled the tax exemption for small packages from China, which will increase competitive pressure on Chinese goods. This series of measures will escalate the trade tensions between China and the United States and may prompt China to seek cooperation with other Asian countries to respond.

The Constitutional Court approved the impeachment case against 윤석열, becoming the second president in South Korean history to be removed by the court.

The Constitutional Court approved the impeachment case against 윤석열, becoming the second president in South Korean history to be removed by the court.

  • 6 April, 2025

On the morning of April 4, the Constitutional Court of South Korea announced the approval of the impeachment of President Yoon Suk-yeol, voting unanimously to remove him from office. Due to public safety concerns at the time, Yoon did not attend the verdict. Acting President Han Duck-soo immediately signed an emergency order to maintain order and pledged to ensure safety. This made Yoon the second South Korean president to be impeached, following Park Geun-hye. The court ruled that Yoon's martial law declaration was unconstitutional and deemed that his actions violated the basic rights of the people. This was followed by demonstrations both in support of and against Yoon Suk-yeol, leading to heightened tensions. According to the law, a new presidential election must be held within 60 days, expected to take place on June 3 of this year. Yoon Suk-yeol also faces charges of internal unrest and abuse of power, with a public trial scheduled for April 14.

"Who Can Really Escape Overtime? The Anti-Encroachment Slogans and Actual Situation in China's Hot Industries"

  • 6 April, 2025

Ms. Liu (a pseudonym) works at an internet company in Shanghai. She states that the issue of overtime remains serious, although companies now publicly discourage it. Recently, during the Two Sessions in China, there was a discussion on "curbing internal competition" and a call for companies to stop requiring overtime. However, many companies, especially in the automotive industry, still force employees to work overtime. This excessive overtime caused by internal competition has led to numerous tragedies, and changes in labor regulations are still difficult to achieve. Despite the existence of "anti-internal competition" policies, the on-site work culture has changed little, and employees generally worry that expressing the true situation could lead to dismissal. The high pressure and competition within industries also force employees to work overtime, making it impossible to achieve a genuine work-life balance.

Trump's tariff policy has led to the largest drop in U.S. stocks since 2020, as China and the European Union join forces to counterattack.

Trump's tariff policy has led to the largest drop in U.S. stocks since 2020, as China and the European Union join forces to counterattack.

  • 6 April, 2025

After Trump announced new tariffs, global stock markets plunged, with the S&P 500 index plummeting 4.8%, marking its worst performance since 2020. Notable brand stocks like Nike, Apple, and Target saw significant declines. Trump insists that the tariffs will boost the U.S. economy, but experts are concerned that they will trigger inflation and economic slowdown, potentially leading to a 1% decrease in trade volume. Countries strongly oppose the U.S. tariff policy and plan retaliatory measures. Analysts point out that these tariffs will have a significant impact on consumer spending and may drag down economic growth in the short term.

Trump's tariff policy has led to the largest decline in the U.S. stock market since 2020, prompting China and the European Union to vow retaliation.

Trump's tariff policy has led to the largest decline in the U.S. stock market since 2020, prompting China and the European Union to vow retaliation.

  • 6 April, 2025

After the announcement of a comprehensive new tariff by U.S. President Trump, global stock markets plummeted sharply, with the S&P 500 index recording its worst performance since 2020, plummeting 4.8% in a single day. Major brands such as Nike and Apple saw their stock prices drop by more than 9%. The tariffs are expected to impact the economic growth of the U.S. and other countries, raising concerns about inflation. Trump claimed that this move would enhance American manufacturing and increase federal revenue; however, experts warned it could lead to an economic recession and emphasized the short-term negative effects of high import tariffs. Various global markets reacted negatively, and countries began to consider retaliatory measures.

Trump's high tariffs on several Asian countries, do they form a

Trump's high tariffs on several Asian countries, do they form a "defense line" against China?

  • 6 April, 2025

China has expressed that it will "resolutely counter" the new round of tariffs from the United States. Trump emphasized in his speech the high tariffs China imposes on American goods and claimed that he would impose an equivalent tariff of 34% on Chinese products. The Chinese Ministry of Commerce immediately condemned this action as unilateral bullying and vowed to protect its own rights and interests. Experts point out that the new tariffs will affect China's supply chains and may prompt China to ally with other Asian countries to counter the protectionist actions of the United States.

Difficult to bear Trump's reciprocal tariffs; reports indicate that U.S. Treasury Secretary Janet Yellen has intentions to resign.

Difficult to bear Trump's reciprocal tariffs; reports indicate that U.S. Treasury Secretary Janet Yellen has intentions to resign.

  • 6 April, 2025

U.S. Treasury Secretary Mnuchin is considering resigning due to his support for Trump's new tariff policy, which has severely impacted the market and damaged his financial reputation. Reports indicate that Mnuchin finds Trump's "absurd tariff logic" unbearable and has warned that such policies could escalate conflicts. As China imposes heavy tariffs on U.S. goods, global stock markets are affected, raising concerns about Mnuchin's future direction.

U.S. media reports: Washington prohibits personnel stationed in China from establishing sexual relationships with Chinese nationals.

U.S. media reports: Washington prohibits personnel stationed in China from establishing sexual relationships with Chinese nationals.

  • 6 April, 2025

The U.S. government has banned government officials stationed in China and their families from developing romantic or sexual relationships with Chinese citizens. This policy was implemented in January of this year and extends to the U.S. Embassy in Beijing and several consulates. While there have been regulations regarding such relationships in the past, this comprehensive ban is the first of its kind since the end of the Cold War. Personnel stationed in China are required to report intimate contacts with Chinese citizens to their superiors. The relevant policy has not been officially announced, and the State Department declined to comment on it.

The United States imposed high tariffs of up to 32% to 49% on six Southeast Asian countries.

The United States imposed high tariffs of up to 32% to 49% on six Southeast Asian countries.

  • 6 April, 2025

The Vietnamese government has announced the establishment of a special task force to respond to the 46% high tariffs imposed by the United States. Vietnam and other Southeast Asian countries bear the heavy responsibility of exporting goods to the United States and are under immense pressure, with Prime Minister Phạm Minh Chính emphasizing the need to maintain an annual growth target of 8%. Thailand and Malaysia are also planning to initiate negotiations, with the former hoping to reduce the tariffs to 37%, while Malaysia seeks a solution that aligns with free trade. In contrast to these countries, Cambodia is affected by a 49% tariff, facing a severe economic crisis and lacking negotiating leverage.

Southeast Asia's six countries face high tariffs of 32% to 49% imposed by the United States.

Southeast Asia's six countries face high tariffs of 32% to 49% imposed by the United States.

  • 6 April, 2025

The Vietnamese government has announced the establishment of a special task force to respond to the United States imposing tariffs of up to 46%. Other Southeast Asian countries, including Thailand and Malaysia, also plan to negotiate with the U.S. Vietnam's exports to the U.S. reached $142 billion last year, accounting for nearly 30% of its GDP; meanwhile, Thailand faces a 37% tariff, and the government hopes to renegotiate. Although Cambodia is hit by a high tax rate of 49%, affecting its apparel and footwear industry, it is currently unable to conduct effective negotiations. Countries are striving to seek ways to mitigate the impact of tariffs to maintain economic growth targets.

Analysis of the evaluation by various media outlets on Trump's

Analysis of the evaluation by various media outlets on Trump's "reciprocal tariffs"

  • 6 April, 2025

The Swiss newspaper Neue Zürcher Zeitung commented on Trump's tariff policy, pointing out that this move cannot achieve economic independence; rather, it will exacerbate inflation in the United States and suppress economic growth. For the affected countries, if they choose to retaliate, the world may return to mercantilism, leading to an economic crisis. Europe should avoid retaliatory tariffs to uphold the trading system and strengthen ties with Asian and Latin American countries. The newspaper Nachrichten noted that European goods are cheaper for American consumers due to exchange rates, which may encourage Trump to intensify policies of devaluing the dollar, potentially triggering a currency war, where the real winners are often bystanders. As for The Wall Street Journal, they believe that Trump's tariff policy is effectively biased towards China and may prompt other countries to establish closer trade relations with China. The Independent emphasized that Trump's protectionism will impoverish Americans, and there will be no winners in a trade war; all parties should exercise restraint to avoid worsening the situation.

How media in various countries evaluate Trump's

How media in various countries evaluate Trump's "reciprocal tariff" policy

  • 6 April, 2025

The Swiss "Neue Zürcher Zeitung" commented on Trump's tariff policy, pointing out that its protectionist fantasies cannot bring economic prosperity to the United States; instead, it will elevate inflation and suppress growth. If affected countries retaliate, the global economy could fall into crisis, and Europe should avoid retaliatory tariffs to maintain the trading system. The Austrian "Die Presse" reminds Europe that in the face of a potential currency war, it should enhance competitiveness and seek new trade agreements. The "Wall Street Journal" analyzes Trump's tariff policy as being unequal, which may encourage closer trade relations with China. The "Independent" warns that a trade war will make the United States poorer, emphasizing that tariffs can only be reduced through negotiation to avoid further conflict.

Trump's equivalent tariffs have sparked a global trend. Will this lead to a trade war?

Trump's equivalent tariffs have sparked a global trend. Will this lead to a trade war?

  • 6 April, 2025

On April 2, U.S. President Trump announced new tariffs that will affect multiple countries, including Japan and China. The baseline tariffs will take effect on April 5, while the highest tariffs will be implemented on April 9, adding to existing tariffs on steel, aluminum, and automobiles. The U.S. industrial sector has expressed concerns that this will impact investment and employment and may lead to an economic recession. The EU and countries like Italy are preparing countermeasures in response. Additionally, analysts predict that U.S. growth could lose 1-1.5% as a result. The total tariffs faced by Chinese products will reach 54%.

Trump's reciprocal tariff policy sweeps the globe. Will it trigger a trade war?

Trump's reciprocal tariff policy sweeps the globe. Will it trigger a trade war?

  • 6 April, 2025

U.S. President Trump announced new tariffs on April 2, affecting countries including Japan and China. A 10% baseline tariff will take effect on April 5, while the highest tariffs will begin on April 9, which will be added on top of the existing tariffs on steel, aluminum, and automobiles. U.S. manufacturing faces a threat of high costs, which could impact investment and employment. The European Union and the Italian government both stated that they would take countermeasures, emphasizing the need to avoid negative effects of a trade war on the West. Analysts predict that these tariffs will harm economic growth in the U.S. and globally.

Trump significantly imposes tariffs, are Europe and China collaborating together or being wary of each other?

Trump significantly imposes tariffs, are Europe and China collaborating together or being wary of each other?

  • 6 April, 2025

At the press conference of the Chinese Ministry of Commerce on April 3, spokesperson He Yadong expressed strong opposition to the United States' imposition of "reciprocal tariffs" and emphasized that countermeasures would be taken to protect China's interests. He pointed out that historical evidence shows that raising tariffs does not resolve America's issues; instead, it impacts global economic stability and supply chains. He Yadong called on the U.S. to cancel unilateral tariffs and to resolve differences through dialogue. Recently, the Chinese Minister of Commerce had talks with EU officials, and both sides agreed to restart negotiations on the electric vehicle anti-subsidy case. Experts predict that China and the EU may move closer in response to Trump's tariff policies, but they also face challenges from internal trade frictions. Analysts worry that competition may exacerbate conflicts between the two sides, as issues of China's overcapacity and substantial subsidies still persist. German economic experts suggest that the EU should strengthen cooperation with other markets to reduce reliance on China and the United States.

Trump imposes heavy tariffs, are Europe and China working together or wary of each other?

Trump imposes heavy tariffs, are Europe and China working together or wary of each other?

  • 6 April, 2025

At the press conference of the Ministry of Commerce of China on April 3, spokesperson He Yadong strongly opposed the United States' decision to impose "reciprocal tariffs" and stated that China would firmly take countermeasures to safeguard its own interests. He pointed out that several trade partners have expressed dissatisfaction and criticized the increase in tariffs as unhelpful in solving internal issues in the United States, which rather harms its own interests and global economic stability. He Yadong called on the U.S. side to immediately cancel unilateral measures and resolve differences through equal dialogue. At the same time, he mentioned that China is willing to further cooperate with the European Union in trade and to quickly resume negotiations on electric vehicle anti-subsidy measures. Although there are still frictions between China and the EU on multiple trade issues, experts believe that the relationship between the two may improve due to the impact of U.S. tariff increases.

South Korean President Yoon Suk-yeol became the second president to be ousted after Park Geun-hye.

South Korean President Yoon Suk-yeol became the second president to be ousted after Park Geun-hye.

  • 6 April, 2025

On April 4, the Constitutional Court of South Korea announced the impeachment of President Yoon Suk-yeol, with all eight judges agreeing to the decision, which took immediate effect. The court stated that Yoon Suk-yeol declared martial law in a non-emergency situation and used military force to intervene in the National Assembly, violating human rights, breaching his presidential duties, and posing a challenge to democracy. The ruling sparked cheers from the public, while pro-Yoon groups expressed sadness and anger. According to the law, South Korea must hold a new presidential election within 60 days, and Han Duck-soo will temporarily serve as acting president. Currently, opposition leader Lee Jae-myung is leading in the polls but faces legal challenges.

South Korean President 윤석열 has become the second president to be impeached after 박근혜.

South Korean President 윤석열 has become the second president to be impeached after 박근혜.

  • 6 April, 2025

On April 4, the Constitutional Court of South Korea ruled to impeach President Yoon Suk-yeol, with all eight judges unanimously agreeing and announcing that the ruling would take immediate effect. The court pointed out that Yoon Suk-yeol mobilized military and police to infringe upon the functions of the National Assembly and basic human rights, and declared a state of emergency without it being necessary, violating constitutional obligations. This ruling has sparked strong reactions from specific political parties and the public, with both supporters and opponents expressing their emotions. According to the law, South Korea must hold a new presidential election within 60 days, and the current Prime Minister will temporarily oversee government affairs. It is known that opposition leader Lee Jae-myung is maintaining a lead in the election, but he also faces legal challenges.

Longping Observation: What Strategies Has Trump Imitated from Xi Jinping?

Longping Observation: What Strategies Has Trump Imitated from Xi Jinping?

  • 6 April, 2025

The article describes the similarities in political models between China and the United States, comparing Xi Jinping with Bo Xilai, arguing that both exhibit authoritarian characteristics. The author notes that in terms of purging dissenters, abusing power, and suppressing political opponents, both Xi Jinping and Donald Trump display similar behaviors. Although Trump faces restrictions from the system of checks and balances in the United States, he also shows intentions to undermine this system and promote his strategy of power centralization. Furthermore, both leaders demonstrate characteristics of power politics when confronted with internal and external challenges. The article emphasizes the importance of maintaining a system of checks and balances and expresses concern about the development of authoritarian politics.

Rewritten Title: Changping Observation: What Did Trump Learn from Xi Jinping?

Rewritten Title: Changping Observation: What Did Trump Learn from Xi Jinping?

  • 6 April, 2025

In 2012, I pointed out that Xi Jinping was seen as a hope for democratic reform in China after Bo Xilai's downfall, but in fact, there are similarities in the governance models of both China and the United States, which could lead to abuses of power and authoritarianism. Today, Trump may imitate Xi Jinping, attempting to undermine the democratic system in the United States and seeking to extend his term. Both rely on propaganda and anti-corruption as a pretext to attack opponents, appoint loyal supporters, and establish groups in governance to replace traditional systems. In foreign affairs, they also exhibit a tough stance, pressuring each other while often showing a willingness to compromise. Under strongman politics, whether in China or the United States, the neglect of checks and balances on power may have profound consequences.

The translation of the provided content is:

The translation of the provided content is: "TikTok faces deadline, Trump says 'very close' to reaching a deal."

  • 6 April, 2025

TikTok's operations in the United States are facing legal threats and must completely separate from its Chinese parent company, ByteDance, or it will be banned. U.S. President Trump has extended the deadline to April 5, 2025, and stated that a sale agreement is imminent. Possible buyers include Oracle and Blackstone, along with other bidders such as Amazon. However, there are still concerns regarding the ownership of the core algorithm, which may affect the progress of the transaction. Although Trump has previously supported the ban, he has recently shifted to defend TikTok, believing that it can attract young voters.

"Trump stated that the TikTok deal is approaching the final deadline."

  • 6 April, 2025

TikTok has only a few hours left to find a non-Chinese buyer to avoid being banned in the United States. The app has over 170 million users in the U.S. and is facing legal threats demanding a complete separation from its parent company, ByteDance. President Trump has extended the deadline to April 5, 2025, and stated that negotiations are close to being finalized. Potential buyers include Oracle and Blackstone, while the ownership of the algorithm remains a point of contention. Trump himself had previously supported the ban but has now shifted to defend TikTok, believing it can attract young voters.