Looking back at the deduction about the direction of tariffs three months ago, most of it has been realized: 1) At that time, it was said that the additional equivalent tariffs on the billboards on April 2nd were likely to be abandoned, and some industry tariffs were retained. Previously, it was estimated that the final overall tax rate would be around a dozen points, but now it appears that the overall tax rate should be around 15% to 20% (slightly higher than the previous estimate). The current result is to add 5-10 points on top of the basic tax rate of 10%, such as Japan EU 15%, Indonesia Vietnam 19%, 20%, and so on. The steel and aluminum tariffs will continue to be maintained, while the tariffs on automobiles and pharmaceuticals are likely to be reduced. 2) Countries have significantly reduced or even canceled tariffs on the United States. Japan and the European Union are fully open to the United States, and Vietnam has zero tariffs on the United States; 3) The countries that have reached an agreement to purchase American goods have all committed to varying amounts of purchasing American goods. 4) At that time, many people said that countries should see the progress of the China US negotiations. My view is that negotiations between the United States and other countries and between China and the United States should be two separate lines, with some influence but no interference between each other, and each side should have its own discussion. https://(x.com)/qinbafrank/status/1915431342353133709? S=46&t=k6rimWSEbo2D2TXolYcM-A because the properties of the relationship are different. Now it seems that in the end, everyone will have their own discussion. Is it worth a fork in the waist 😎