245%! Paving the way for new tariffs? Multiple actions from Trump.

On April 16, just saw the news from Niu Tan Qin, checking the White House website, announcing Trump's latest tariff policy, stating: On Liberation Day (April 2), President Trump imposed a 10% tariff on all countries, and over 75 countries have proactively contacted to discuss new trade agreements, because China does not yield, imposing a 245% import tariff on Chinese goods.
1) However, the so-called 10% is not actually a fact, the fact is that on the liberation day of the United States, the United States announced that it would impose 24% tariffs on Japan, 25% tariffs on South Korea, 20% tariffs on the European Union, 26% tariffs on India, and 46% tariffs on Vietnam. Later, under China's countermeasures, the EU's opposition, and the three killings of U.S. stocks and bonds, the high tax was abandoned and 10% was levied.
2) 245% has created another international joke, just as China said, "Even if the U.S. continues to impose higher tariffs, it will no longer have any economic significance and will become a joke in the history of the world economy. At the current tariff levels, American goods exported to China have no market acceptance potential. If the U.S. continues its tariff numerical games, China will not pay any attention to it."
3) Tariffs are expected to escalate again. On Tuesday local time, U.S. President Donald Trump ordered the U.S. Department of Commerce to conduct a so-called "Section 232 investigation" on critical minerals imported from abroad. This is seen as a prelude to tariffs on critical minerals, which could further escalate the global trade war unleashed by the United States. The Executive Order requires the Secretary of Commerce to initiate a Section 232 investigation under the Trade Expansion Act of 1962 to "assess the impact of imports of these materials on U.S. security and resilience," the White House said in a fact sheet. Among them is the mention of rare earths.
4) On the 14th local time, the Trump administration announced that it had opened a "Section 232 investigation" against semiconductors and drugs. Just last Friday, the U.S. policy of exempting consumer electronics (including tariffs on semiconductors) was introduced, but Trump denied it, and the U.S. Treasury Secretary said that the tariffs on semiconductors could be introduced in a month or two.
5) Nvidia released an 8-K filing on the 15th local time, stating that the company recently received a notification from the U.S. government that exporting H20 chips and chips that achieve H20 memory bandwidth and interconnect bandwidth to countries and regions such as China requires a license.
Nvidia expects first-quarter results to include approximately $5.5 billion in inventory, purchase commitments and related reserve expenses related to H20 products. According to market analysis, Nvidia will no longer be able to sell any high-performance GPU products to China in the future. This series of adjustments is expected to hit Nvidia's revenue of more than $10 billion, and also hit the impact of the previous launch of the "downgraded version" technology.
Finally, amidst the ever-changing international situation, remember to control your position and manage drawdowns.