10% comprehensive tariff+corresponding tariff for different countries. Bitcoin originally rose sharply and then began to decline. Domestic inflation is certain to rise, but it is impossible to raise interest rates. If interest rates are raised, everything Trump has done will be lost. The Federal Reserve has two sides, one is inflation and the other is employment. The recession caused by tariff policies will force the Fed to cut interest rates. Therefore, there is still hope for four interest rate cuts throughout the year. This is the current basic expectation of the bull market, which is only related to liquidity, and a bull market can still be seen.