#USElectronicsTariffs lightly but when it comes to the US, it still sweeps 2 ends fiercely :))
"The Wall Street stock market just experienced a "roller coaster" trading session after the White House unexpectedly eased its "tit-for-tat" tariff policy that President Donald Trump had caused a storm in early April.
Specifically, smartphones and computers have been removed from the tariff list. However, this surge still occurs in a cautious mindset, as the "ghost" of policy instability still looms.
The tax exemption for 20 product groups, accounting for up to 23% of the total import turnover of the US from China, is seen as an initial positive signal for manufacturers and the market. Immediately, Wall Street futures contracts recovered in Asian trading.
However, this joy was only fleeting. The continuous policy changes at a dizzying pace have left investors bewildered and analysts increasingly pessimistic about long-term economic prospects."
ACH ATC GMT