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Da Ming Securities: The market is skeptical about the US tariff threat and is following economic data.
On August 7, Jin10 reported that a strategist at TD Securities stated in a report that due to doubts about some tariff threats from the United States, the market is no longer focused on tariff announcements. The U.S. has announced a 50% tariff on India, a 39% tariff on Switzerland, a 35% tariff on certain imported products from Canada, and tariffs on other trading partners. The market's focus is on the impact of tariffs on economic data and expectations for rate cuts from the Fed. Overall, the market is orderly, partly because they are skeptical of some of Trump's more extreme threats.