Moody's Senior Economist Katrina Ell stated that Trump's announcement of tariffs on major trading partners via social media reminds us of the significant volatility his presidency may bring to the markets. She noted that, in fact, there was no preparation before Trump's policy announcement, which caused considerable anxiety in the market. We do not know what will ultimately happen. No one can determine the timeline for fulfilling Trump's campaign promises. But one thing is certain: we are heading towards a high degree of uncertainty. People hope that if countries like Mexico and Canada address the issues to some extent, trade tensions may ease. If they choose to showcase their strength, things will escalate, and Trump will double down, leading to greater ripple effects on other economies. (Jin Shi)