US President Trump suddenly announced a 25% tariff on imported cars. This new policy, which will take effect on April 3, is like a depth bomb. Following the tariffs on steel and aluminum products, this is another heavy blow from the Trump administration to the $474 billion auto import market, of which passenger cars account for as much as $220 billion. Mexico, Japan and other five major allies were the first to bear the brunt, Asian auto stocks plummeted, and the global trade war suddenly became dark.
This storm of auto tariffs exposed the fundamental conflict between unilateralism and the multilateral system. When German precision engineering meets Mexican assembly lines, and when Korean battery technology is connected to American design, the industrial ecology in the era of globalization is facing an unprecedented risk of fragmentation. Whether the tariff stick wielded by Trump can truly "make America great again" may be just as Musk said: "No one can escape unscathed from this melee." Under the smoke of the trade war, it has become an international consensus that there are no winners.
If the EU, Canada, Japan and other countries adopt retaliatory tariffs and global trade frictions intensify, market panic may push investors to turn to safe-haven assets such as gold. During the 2018-2019 trade war, gold prices rose by about 15% due to safe-haven buying, and a similar scenario may repeat itself. However, if the US dollar continues to strengthen or the Fed postpones its rate cuts, gold's upside may be limited. Investors need to pay close attention to: whether the trade war will escalate further (such as countermeasures by the EU and Asian countries), US economic data and Fed policy signals, global stock market fluctuations and changes in risk aversion.
XAUUSD GOLD XAUUSD GOLD XAUUSD XAUUSD
This storm of auto tariffs exposed the fundamental conflict between unilateralism and the multilateral system. When German precision engineering meets Mexican assembly lines, and when Korean battery technology is connected to American design, the industrial ecology in the era of globalization is facing an unprecedented risk of fragmentation. Whether the tariff stick wielded by Trump can truly "make America great again" may be just as Musk said: "No one can escape unscathed from this melee." Under the smoke of the trade war, it has become an international consensus that there are no winners.
If the EU, Canada, Japan and other countries adopt retaliatory tariffs and global trade frictions intensify, market panic may push investors to turn to safe-haven assets such as gold. During the 2018-2019 trade war, gold prices rose by about 15% due to safe-haven buying, and a similar scenario may repeat itself. However, if the US dollar continues to strengthen or the Fed postpones its rate cuts, gold's upside may be limited. Investors need to pay close attention to: whether the trade war will escalate further (such as countermeasures by the EU and Asian countries), US economic data and Fed policy signals, global stock market fluctuations and changes in risk aversion.
XAUUSD GOLD XAUUSD GOLD XAUUSD XAUUSD 
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✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 210.8% per week🎁Success rate is as high as 98.55%, real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
Signal entry: t.me/FcCygjylf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.