Judging from today's Nikkei index and South Korea's KOSPI trend, it rebounded immediately after the opening and finally closed higher. This also shows that the Japanese and South Korean stock markets do not believe that Trump will eventually implement this tariff level, thinking that this is another good time for TACO, and the performance of US stocks last night was actually relatively calm, falling a little, and there was a pull up at the end of the session. Since April, for so long, the tariff negotiations have also had a substantive agreement between the UK and Vietnam, and China and the EU have not negotiated much Now that countries have gone through multiple rounds of TACO and are immune to Trump's threats, the more distrustful everyone is, the more difficult it is to negotiate tariffs, and in turn, the more Trump wants to prove himself, it is estimated that he will hollow out his mind to panic the market. Another thing to note is that the tariff agreement between India and the United States may have been reached, if the rumors are true, Trump's personality will most likely be announced in advance, India is an important power, if it can be reached, the market will boost sentiment. At the end of last night's U.S. stocks, some funds went to bet on India-related targets, and tonight they also bet on building a bottom position ($INDL $INFY). The smart driving UBER in the US stock market has reached a record high, so can you also pull MBLY?
While Trump is ready to impose 25% tariffs on both Japan and South Korea, he also leaves room for the United States to consider adjusting the content of this letter if Japan and South Korea are willing to open up the still closed trade market to the United States and remove tariffs, non-tariff policies and trade barriers to the United States. In other words, if Japan and South Korea further open up to the United States, then the United States can reduce tariffs by 25%, but if Japan and South Korea increase retaliatory tariffs, then the United States will continue to increase at 25%.
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