美联储降息大消息！10月20日，昨日晚间的四大消息全面发酵！

Group 1: Trade Policy Impact - The U.S. will impose a 25% tariff on imported medium and heavy trucks and parts, and a 10% tariff on imported passenger buses starting November 1, which will significantly increase costs for manufacturers and consumers [1] - For example, a $500,000 heavy truck will incur an additional cost of over $120,000 due to tariffs, impacting exporters and domestic automakers [1] - Although China's share of heavy truck exports to the U.S. is low, major suppliers from Mexico, Japan, and Germany will be more affected, leading to potential disruptions in international supply chains [1] Group 2: Monetary Policy Outlook - Several Federal Reserve officials have expressed openness to interest rate cuts, with the St. Louis Fed President indicating support for a rate cut at the upcoming meeting [2] - The labor market shows signs of weakness, with ADP data falling below expectations, contributing to the likelihood of a rate cut [2] - Inflation remains manageable, and despite the lack of recent non-farm payroll data due to government shutdown, the market's expectation for monetary easing persists [2] Group 3: Market Reactions - The combined effects of tariffs and interest rate cuts may lead to mixed impacts on the stock market, with rate cuts benefiting interest-sensitive sectors like technology and growth companies [4] - Conversely, the tariff policy will increase cost pressures on automotive, industrial manufacturing, and certain transportation sectors, potentially leading to declines in related stocks [4] - Initial market reactions may be cautious due to uncertainty, but optimism surrounding rate cuts could lead to a concentration of funds in rate-sensitive sectors as the market digests the news [4]