Today (April 2 local time), US President Trump announced the imposition of tariffs on all countries around the world.
A tariff of 10% will be imposed on all countries under the "Generalized System of Preferences", while (semi-) reciprocal tariffs will be implemented against different countries and regions based on their tariffs towards the US (including currency manipulation and trade barriers).
The total tariff rate for China is an additional 34% on top of the existing 20%, equaling 54%. Specific tariff data for other countries has not yet been released, but the tariff on China has reached a new height.
The Trump team sensed the impact of the tariff policy on the stock market and deliberately chose to announce it after the closure of the US stock market at 4 PM. However, this did not prevent a significant decline in the market during after-hours trading.
Source: https://www.toutiao.com/article/1828329762317705/
Disclaimer: The article solely represents the author's个人观点.