⚡ The first wave of Trump's tariff letter designated new tax rates for 14 countries including Japan and South Korea, which came into effect on August 1st. Still using the same formula, switching objects back and forth to apply pressure—— This time, the main focus is on these two little brothers from Japan and South Korea. I'm telling you that you can continue to work on chips and cars, but you need to pay protection fees. To be ruthless, first strike at our allies. The mission of these two little brothers now is to make America great again! The tax rate is just a number with no credibility, it is purely testing the bottom line of various countries. If we cannot reach an agreement on August 1st, it will be postponed again. Now the Three Axes Policy of the King of Understanding has basically taken shape—— one ⃣ Why are we in a hurry to impose tariffs globally? In order to increase fiscal revenue. two ⃣ Why repeatedly pressure Powell to cut interest rates? In order to reduce interest expenses on US bonds. three ⃣ Why is the Beauty Act being pushed forward and welfare subsidies being drastically reduced? In order to reduce fiscal expenditures. However, the current capital market seems to be determined to bet on Trump TACO. Personally, I feel that the sentiment is a bit too one-sided. I won't move this month unless there is a great opportunity! Madness can win money, but rational people can survive until the end.