From Trump said last Friday that "tariffs will be flexible", and the Wall Street Journal reported on Monday morning that "Trump will reduce its tariff plan on April 2, focusing on targeted reciprocal tariffs", to Trump said last night that "many countries will be given tax reductions and exemptions", just as we talked two days ago, it is obvious that the tariff attitude is much more relaxed than before. But last night Trump also said that he would announce additional tariffs on cars, wood and chips in the coming days. Especially for automobiles and chips, the huge upstream and downstream industrial chains have a wide range of impacts, and it is necessary to pay attention to the intensity of additional tariffs at that time.