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Heavy announcement! The USA exempts some Commodities from "reciprocal tariffs", including chips, laptops, Smart Phones, and others.
Some analysts believe that one of Trump's purposes in wielding the "tariff stick" is to bring American manufacturing back. However, Wall Street is not Bullish on this; a recent report from Bank of America warns that if Apple shifts all iPhone production to the U.S., costs will soar by 90% and face Logistics challenges.
Express News | The USA announced: Communications Equipment, Semiconductors, and Integrated Circuits and other Commodity will be exempt from "reciprocal tariffs."
XIAOMI-W (1810.HK): Consumer Electronics segment - Smartphones illuminate all as high-end begins to take shape after numerous trials.
Xiaomi Group: Started with mobile phones, prospered by exploration, and thrived through integration. Xiaomi began with the MIUI system, launched its first smartphone in 2011, and topped the domestic smartphone sales chart just three years after its first launch, then entered the IoT market.
Weekend reading | Times are hard to predict, but actions can be taken. What "rational trends" are found in the Earnings Reports of large companies?
From the fourth quarter to the whole year, the advertising revenue of major companies showed an overall positive growth trend. Among the 19 leading companies, more than half maintained double-digit growth in advertising revenue in the fourth quarter, and the number of companies sustaining this momentum throughout the year increased to 10.
Firmly counterattack! China imposes a 125% tariff on all American commodities! If the U.S. continues to increase tariffs, China will ignore it.
Given the current tariff levels, there is no possibility for the USA's commodities exported to China to be accepted in the market. If the USA continues to impose tariffs on commodities exported to the USA from China, there will be no response from China.
Express News | Xiaomi officially responded to the "National New Energy Fund Accident Appraisal Center's preliminary analysis released on April 7": it is a rumor and the police have been notified.