Originally, King Donald wished to start the tariff war on April 1st, since it is ALL FOOLS’ DAY, so he postponed to April 2nd.
He said that tariff will definitely carry out on that day to all countries, including reciprocal tariffs. That is when others levy tariff on US, he would also levy the same tariff as counter action.
But now there is some changes. US still will levy tariff on chips of Japan and South Korea. Originally, he scheduled to levy 100% tariff on TSMC, but now no need. Why? For TSMC already promised to invest 100 Billion USD to establish new plants, the amount is already more than all tariff. EU originally said would levy same amount of tariff to US, but now postponed since they are talking on the items now.
Some said that tariff of King Donald is just a bargaining chip, and some said not, his target is really on tariff. The writer believed in the latter, it is his target. But one more point both sides agreed. He is changing his mind every day, every hour, every minute and every second.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.