从崩盘到淡定，华尔街对特朗普关税“脱敏”，原因有三！

Group 1 - The Trump administration has been pressuring trade partners with tariff threats, but these have not had a lasting impact on the market [1] - Reports indicate that the White House is considering imposing tariffs of 15%-20% on the EU, which caused a temporary dip in the S&P 500 index [1] - Despite the tariff threats, investor sentiment remains strong, with a record increase in risk appetite over the past three months according to Bank of America’s global fund manager survey [1][3] Group 2 - Many investors believe that Trump's aggressive tariff stance is merely a negotiation tactic, with expectations that tariffs will be lowered once trade negotiations progress [4] - There is speculation that even if high tariffs are introduced, they may not withstand legal challenges based on recent court rulings [5] - The recent stock market performance is bolstered by strong corporate earnings and positive economic data, indicating resilience against trade uncertainties [6]