The trade policy of the United States has finally settled down. Although the outcome is disappointing, it was also expected.

​First, as the world's largest economy, the states and various sectors have basically maintained remarkable consistency in their policy positions. This consensus did not form overnight, but is the result of long-term accumulation. Once a consensus is reached, reversing their views is not an easy task and requires time and sustained effort.

​Second, their decisions have far-reaching impacts on our economy. After the United States imposed tariffs on Chinese goods, if Europe follows suit, it will undoubtedly put tremendous pressure on our exports. The once glorious status of the "world's factory" may face severe challenges.

​Third, competition in international markets will become even fiercer. If both the United States and Europe tighten market access, the competitiveness of our products in the international arena may significantly decline. Finding new export markets and adjusting the industrial structure will become our urgent tasks.

​Fourth, we must recognize that changes in the external environment are uncontrollable, but we can adjust ourselves by enhancing the added value and competitiveness of our products through technological innovation and industrial upgrading.

​I believe that in the face of external pressure, we should not be discouraged, but rather turn pressure into motivation, accelerate the pace of transformation and upgrading, and embrace the world with a more open posture to meet challenges.

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