Tonight, I had dinner with a small partner from Taiwan who is engaged in the OEM of beach pants. He should be a large enterprise in both the mainland and Taiwan. He helped many well-known enterprises, including Quiksilver, to do OEM work. When I had dinner, I told you that his factory had been asked by many partners to suspend delivery because of Trump's reasons. From my point of view, the distribution of his factories is very healthy. There are factories in Shanghai, Anhui and Cambodia, and he is also a family enterprise, which is the head of this field. However, he is still severely hit by Trump's tariff policy. Many salespeople believe that now is not the time to purchase goods and are concerned about the high cost. For manufacturers, users' goods have started to accumulate in large quantities. Yes, 50% of their beach pants are sold to the United States, 30% are sold in various Asian countries, and 20% are sold in other countries. So the impact of tariffs on manufacturing industries outside the United States is quite significant, either because the sales end is in the United States, or because the cost of production factories in mainland China is rising (factories are very difficult to recruit). For these manufacturers, the next step is to open up new sources and reduce costs, on the one hand, to reduce production capacity, and on the other hand, to seek solutions to reduce costs. While foreign trade is difficult to do, there is a high possibility of an increase in unemployment rate. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex