#中国反对美国拟加征7.5%关税
The key point of this message is not just how large the 7.5% figure is, but the signal it sends that US–China trade tensions are heating up again.
Nature of the event: slightly bearish. It is reported that the US is considering imposing an additional 7.5% tariff on Chinese goods on the grounds of “excess capacity in China’s manufacturing industry.” At present, it is still under consideration/proposal and has not yet been officially implemented. China’s stance is firm. On the 27th, China’s Ministry of Commerce said it firmly opposes this, arguing that the US is politicizing economic and trade issues, and it will continue to assess subsequent measures while reserving the right to take all necessary measures. It’s worth paying attention to the timing. The market previously expected a possible meeting between the leaders of the US and China in September. Now, with the US issuing a new tariff signal at this time, it suggests that although both sides are moving forward with high-level communication, trade-related issues remain a major obstacle.
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$MU Trading strategy
Long positions
After 967 stabilizes, open long positions
Stop loss: 961
Target 1: around 990, scale out or take profit
Target 2: around 1,000, scale out or take profit

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