The United States has strengthened restrictions on Chinese chips and technology, and the trade war may be "escalated"! Recently, everyone has been paying attention to the positive expectations for the crypto industry and the US economy after Trump took office. This also made me overlook a key issue. In addition to Trump's own strategy for the US economy, his trade strategy is also worth noting, that is, to significantly increase import tariffs, while increasing efforts to restrict chip exports and technology restrictions to China, especially at present, such restrictions have already involved the United States' allies.
Rabbits will face greater blockade pressure. At the same time, this is just an expectation. Once Trump takes office, relevant policies may be more stressful. The emergence of this expectation directly led to a collective decline in the US stock market technology sector, with chip leaders leading the decline, while the Russell of small and medium-sized enterprises fell less.
Yesterday we saw that the Russell Index gradually accelerated its growth in the process of improving economic expectations. This restriction raised expectations, which may accelerate the rotation of US stock technology funds to small and medium-sized enterprises.
At the same time, the US dollar strengthened slightly, the 10-year US Treasury bond rose slightly, and gold fell, but the current gold decline was large.
International gold prices fell rapidly after reaching a record high of 2483. Currently, it is priced at 2453, down 30 US dollars, and there is no sign of stopping the decline.
