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Reciprocal tariffs + Retaliatory tariffs = Inflation? Trump announced "Reciprocal Tariffs" 互惠關稅 after stock market closed on April 2, 2025 at 4 pm (New York time), I saw the Wall Street reaction was sharply tumbled and even the days after on April 3rd and 4th, non-stop crumbled. I have sold off all my AAPL, MSFT and META on the top since I posted last blog. So, I bought some AAPL, META and MSFT. I am a person who read stock chart to buy or sell stocks. In my perspective, I like to buy low and sell high, so at the end of April 4, 2025 just before the market closed, I gradually bought some AAPL, META, and MSFT and added more GOOGL, NVDA, TSM, AVGO, and AMZN. But I haven't bought TSLA yet as I want the price of $217.02 as punish of Elon Musk has Tesla factories in China. As you can see from the insert list of countries that Trump wants to post Reciprocal tariffs 互惠關稅, Trump put China and Taiwan as separated countries. I have to applaud for that. Hooray!!! Trump wants a minimum tariffs of 10% for all countries that have import/export trades with the USA. You may noticed why the enemy countries such as Russia, Iran and North Korea only charges 10% tariffs? Because these communist countries have been sanctioned 國際制裁 previously to almost like Zero import/Export trades deal with the USA. Although on the list Trump charges 34% Reciprocal Tariffs on China but also 20% more for the previous tariffs in Trump 1.0 term, so, actually is 54%. Plus if that is Fentanyl will add 20% more to be 74%. Even Fentanyl sent by postal packages, once caught, the tariff is 74%. China is the first country jumped out to charge the USA for "Retaliatory tariffs" 報復性關稅 34%. In spite of China's economy is as low as in the bottom. The 2nd country is Canada that has new Prime Minister that claim charge the USA 25% "Retaliatory tariffs" only on auto (car) maker. Vietnam is the first country that agreed not to charge the USA, in other words, Zero tariffs to the USA. AAPL used to have iPhone factory in China to produce iPhone, but Foxconn has closed down the factory in China about 2 years ago. AAPL switched the iPhone factory to Vietnam (communist country North Vietnam). Now, Vietnam said they will charge Zero tariffs to the USA, I think Trump will also lower tariffs from 46% to minimum of 10% tariffs. AAPL stock is safe now. As META, the CEO Mark Zuckerberg recently went to China asked to enter China. China prohibited GOOGLE, META, Twitter (now X), to be in China, because CCP don't want Chinese people use those social medias to know the news and current events in the world (outside of China), CCP only allow bad news of foreign countries but not the truth that happened. I have reserved cash for this sharp drop of stock market and now come back to buy a little by a little on "Trillion Club" companies. We shall see.  Honesty is the best policy. |
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On May 13, 2025, Trump went to Saudi Arabia with many CEO's, such as Jensen Huang (NVDA), Lisa Su (AMD), Alex Karp (PLTR), Elon Musk (TSLA), Andy Jassy (AMZN), .....except Tim Cook (AAP . Yes, I have NVDA, AMD, PLTR, TSLA, AMZN, AAPL, TSM stocks. I'm a Taiwanese-American, of course, I have NVDA, AMD and TSM. Although TSM is in Taiwan but TSM is the foundry of high advanced AI chips, of course, TSM will go higher. Why Tim Cook (AAP didn't go to Saudi Arabia? Because Trump wants Apple, Inc. to assemble the iPhone, iPad, ... in the USA, however, Tim Cook decided to move out factory from China to Vietnam instead. Trump had argument with Tim Cook, that was why Tim Cook didn't go to Saudi Arabia.Elon Musk (TSLA) will bring his "Star Link" satellite into Saudi Arabia. All those stocks went up tremendously on May 13 and 14, 2025. After Saudi Arabia, Trump went to Qatar, and UAE (the United Arab Emirates) in Middle East. Honesty is the best policy.
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Nvidia (NVDA) stocks fall amid US - China trade tensions (tariff war) and chip restrictions (Nvidia H20 chip prohibited to sell to China). Honesty is the best policy.
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When Trump escalated Reciprocal tariffs 互惠關稅 to China, China also increased to be 125% but said no more Retaliatory tariffs 報復性關稅 further. Trump then corrected the Reciprocal tariffs 20% for Fentanyl imported to the USA for punishment to be 145%. As a retired California licensed pharmacist, I know very well Fentanyl is easy to get addiction and lethal to kill many people. Fentanyl is a potent narcotic (for relief pain) and can cause respiratory distress and death when taken in high doses. Honesty is the best policy.
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Trump imposed Reciprocal tariffs 互惠關稅 to China increased to 104% (34% + 20% + 50% ) effected on April 9, 2025 at 12:01 am. China imposed "Retaliatory tariffs" 報復性關稅 to 84% to the USA (34% + 50% ) effective on April 10, 2025. Stock market has been plummeted for a month. It has been "doom and gloom" 前景暗淡; 沮喪的 for this tariff war. Out of blue, Trump announced "all countries going down to 10% for 90 days except China" on 4/9/2025. All the sudden, the stock market soared to the history one day high, Dow Jones up 2,962.86 points, Nasdaq up 1,857.06 points and S&P 500 up 474.13 points. My stock portfolio up near $200K. Wow, it is dramatic volatile. However, today 4/10/25, stock market went down. Xi insists to impose "Retaliatory tariffs" 報復性關稅 against the USA in spite of China's economy is at cliff danger. Their Real Estate market collapsed, unemployment rate is all time high, the foreign companies moved out of China. Xi encouraged his people to have "Nationalism" against the USA. What an idiot!!! Honesty is the best policy.
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Someone said on CNBC on last Friday, 4/4/25 "Trump's Reciprocal tariffs 互惠關稅 is a "Blue Print" 藍圖, there are wiggle room 迴旋餘地 for negotiation. Those countries should negotiate for a better tariff percentage. CCP insists to have "Retaliatory tariffs" 報復性關稅 is very unwise. Honesty is the best policy.
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Ever since Trump announcement the whole world stock market nosedived and sent the global in panic sell-off. The stock market plummeted will crash the economy as so many people involved in stocks, mutual funds, and annuities. I wish my bank CEO/Chairman still alive (he passed away 3 years ago, on 1/12/2022), I could no longer ask his advice. The Wall Street has 3 different scenarios: 1. The worst scenario is "the world will be in Recession". OMG, it is a disaster. There is no more import/export trades, every country take into "inner circle" of their own products. Don't think that if you are not in the stock market, you will be Okay. When the economy goes into recession, everyone will be involved. 2. The 2nd scenario is "Federal Reserve Chairman, Jerome Powell warns on Trump's Tariffs and said High Inflation could be here to stay". Inflation means all prices go higher and FOMC (Federal Open Market Committee) will increase interest rates. 3. CCP will be crashed very soon. This is the best result among 3 scenarios. Because CCP depends on the USA's technology, import more American products than export their products to the USA. Especially China's economy is already in danger and politic crumbling from inner circle. Anyway, I only bought 2 shares of AAPL just to get in position on Friday, April 4th. AAPL is in high tech retail sector and very influenced with Vietnam's tariffs. My AMZN is also in high tech retail sector but it is still my winner stock because I sold AMZN on the top and reduced those higher cost I bought AMZN. So, I have less pressure. I sold some GOOGL at the top and reduced my cost prices, so GOOGL is still a winner. I'm a Taiwanese-American, of course, I have TSM, NVDA, AMD and SMCI. I sold lots shares of TSM at its top, so TSM is still my winner stock. As NVDA, it was a winner but I didn't sell at its top, so it became a loser stock, but very minor loss, I can tolerate. But AMD and SMCI are loser stocks. I have sold AMD completely at its top, but re-entered too soon, it became a loser stock. I have sold some shares of AVGO at its top, it was Okay, but recent 2 days plummet, sent it to a loser stock. I sold some shares of TSLA at its top, but bought back too soon, recent plummet, TSLA is a minor winner, probably will become loser next week. I just bought few shares of META in the past 2 days, so it is just a minor loss. As you can see, my portfolio is very involved in high-tech stocks that in Nasdaq sector that is in correction. I bought 2 shares of JPM and 2 shares of MS that is Dow Jones financial sector. My 3 bio-tech stocks are in Covid vaccines, all 3 stocks broke to 52 weeks low. These 3 bio-tech vaccines are losers. Honesty is the best policy.
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Despite the volatile of stock market, I remain very clam. My AMZN and TSM are still the winner stocks. I have sold some shares of AMZN and TSM on the top, but the holdings still winners, Elon Musk has too many companies, too many children, too much help of Trump to win the Presidential Election in Nov 2024. He just doesn't have time for Tesla company. Tesla has huge factory in China that became a drag for him. In spite of Tesla is #1 EV car in the world, but Elon Musk is too busy, extremely busy for so many things. Recently Elon announced on 3/28/2025 that his xAI company officially acquired his social media company X (previously known as Twitter) using all stock exchange. xAI company estimated value for 80 billions, X company estimate value is 33 billion that is Elon purchased price from Twitter of $45 billion - 12 billion debt of Twitter had previously. Elon is smart, uses his right hand money to merge to left hand. Can you figure out? Honesty is the best policy.
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