Today's homework isn't too hard. Although Trump has raised global tariffs from 10% to a maximum of 15%, for some countries or regions, tariffs have actually been reduced. For example, tariffs for China, South Korea, and Japan have been lowered, while for countries like the UK, which previously had a 10% tariff, there’s been a slight increase. Overall, the impact on the market isn’t significant, but this isn’t the end of the tariff story—Trump’s administration will definitely come up with other plans. In general, this round of tariffs essentially negates much of Trump’s main work over the past year. This is a significant blow to Trump and the Republican Party. Moving forward, Trump is likely to focus more on the economy. Besides the question of whether tariffs will be refunded, there’s also the issue of whether investments planned in the U.S. due to tariffs will continue. These factors will all impact Trump’s voter base. So, in my personal opinion, if Trump wants to win the election, he’s very likely to focus on economic measures, with interest rate cuts becoming a key priority. Looking at Bitcoin data, it’s normal for weekend turnover rates to drop, and trading volume to decrease. Plus, the Chinese New Year hasn’t fully ended yet, which also affects market liquidity. However, Trump’s tariff decision should still boost market sentiment. Based on the current situation, U.S. stocks should react positively on Monday. In the short term, there won’t be a quick resolution on refunds. The market’s focus will likely shift back to the U.S.-Iran geopolitical tensions and the Federal Reserve’s monetary policy. Right now, the market’s expectations for rate cuts in the second half of the year are growing. @bitget VIP, lower fees, bigger perks!