特朗普拟缩减关税稳选情 1040亿外资流入发达市场 20.2万亿美股巨头承压

Group 1 - The Trump administration is advancing a plan to reduce tariffs on certain products to alleviate the high cost of living for domestic consumers, driven by declining support ahead of the midterm elections in November [1] - A significant shift in global capital allocation is occurring, with $104 billion flowing into European, Japanese, and other developed market equity funds this year, compared to only $25 billion into U.S. funds, putting pressure on the total market capitalization of the seven major U.S. tech companies, which stands at $20.2 trillion [1] - The tariffs that the Trump administration plans to reduce have previously exacerbated the cost of living for American consumers and created obstacles for businesses in cost accounting [1] Group 2 - U.S. trade policy is driving a rebalancing phase in global asset allocation, with investors converting U.S. dollar and U.S. equity assets into international assets, indicating a shift from American exceptionalism to global rebalancing [1] - This trend is expected to boost international stock markets, while emerging market commodity producers are likely to benefit from the growth in demand driven by artificial intelligence [1]