⚡️ The first wave of tariff letters from Trump has designated new tax rates for Japan, South Korea, and 12 other countries, effective August 1. It's the same formula, just changing targets to apply pressure—

This time, the main focus is on Japan and South Korea, telling them they can continue to work on chips and cars, but they need to pay the protection fee.

When it gets tough, they start with allies; 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 purely a test of each country's bottom line. 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—

1⃣ Why rush to impose tariffs globally? To increase fiscal revenue.

2⃣ Why repeatedly pressure Powell to cut interest rates? To reduce U.S. debt interest expenses.

3⃣ Why push the Great American Welfare Act to slash benefits and subsidies? To lower fiscal spending.

However, the current capital market seems determined to bet on Trump's TACO; I personally feel the sentiment is a bit too one-sided. I'm not making any moves this month unless there’s an excellent opportunity!

A madman can win money, but only a rational person can survive to the end.

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