Trump Reportedly Weighs Slashing China Tariffs By More Than 50%
The "dollar hegemony" shows cracks in Asia: "de-dollarization" is accelerating and the renminbi is being embraced!
① With last month's unpredictable tariff policies by Trump triggering a wave of asset sell-offs in the USA, a fresh wave of "de-dollarization" is taking root in Asia... ② Multiple signs indicate that the demand for currency derivatives that bypass the dollar is rising among banks and brokers in the Asia region, as trade tensions have added urgency to the shift towards de-dollarization that has been happening for many years.
Did Trump grasp the "only soft persimmon"? Understanding in one article: What is the actual trade pattern between the UK and the US?
① Why did Trump prioritize reaching a trade agreement with the United Kingdom? What is the scale of trade between the United States and the United Kingdom? ② What is the difficulty of reaching this agreement, and can it serve as a "model" for the Trump administration's negotiations with other countries?
Trump's Plan to Increase Tax on Rich Could Hit Most U.S. Businesses
U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.
① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.
IVV ETF Gains 0.6%
