Sou Hu Cai Jing·2025-04-25 01:59Group 1 - President Trump expressed dissatisfaction with the Federal Reserve's pace of interest rate cuts but has no plans to dismiss Chairman Powell, urging more aggressive action on interest rates [1] - Treasury Secretary Mnuchin indicated that the current tariff stalemate is unsustainable and expects a resolution in the near future, with Trump acknowledging that tariffs on Chinese imports are too high and likely to be significantly reduced [1][4] - The recent changes in the Trump administration's stance on tariffs have been evident since the suspension of reciprocal tariffs on April 10, with a shift in influence from trade representative Navarro to Mnuchin, who advocates for lower tariffs and interest rates [4][5] Group 2 - The easing of risk aversion led to a significant rise in U.S. stock markets, with the Dow Jones up 2.66%, Nasdaq up 2.71%, and S&P 500 up 2.51%, while the Nasdaq Golden Dragon China Index rose 3.69% [2] - Following the tariff easing, the market's risk appetite improved, leading to a sell-off in previously favored domestic stocks, while sectors like AI and robotics gained strength [7] - The robotics sector experienced a surge, with Tesla's CEO Musk announcing plans for millions of fully autonomous vehicles and thousands of Optimus robots in production by the end of the year, projecting an annual production of one million Optimus robots by 2029 or 2030 [7][8] Group 3 - The market saw a significant sell-off of U.S. assets, with discussions around the potential decline of the dollar's dominance, prompting a necessary compromise from the Trump administration [7][11] - Major sectors leading the market included automotive, machinery, telecommunications, and electrical equipment, while sectors like retail, agriculture, real estate, and beauty care lagged behind [13]