On March 27th, according to 4E monitoring, the news of Trump's tariffs hit the market again. On Wednesday morning, it was reported that Trump would announce auto tariffs. US stocks fell back in response, and the three major indexes closed down for the first time in nearly four trading days. The Dow fell 0.31%, the S & P 500 fell 1.12%; the Nasdaq fell 2.04%, its largest one-day decline since March 11. Technology stocks led the decline, with Tesla and Nvidia falling more than 5%. The volatility of the crypto market intensified. Bitcoin was dragged down by the US stock market and fell below 86,000 US dollars. The US stock market rebounded quickly after the close of the market. At the time of writing, it was 87,500 US dollars, a slight decline of 0.2% in 24 hours. Most other mainstream tokens fell slightly, and Ethereum struggled to stand at 2,000 US dollars. The JELLYJELLY incident that attracted attention yesterday once again exposed that giant whales can easily manipulate the market, and also revealed that the decentralized name of Hyperliquid is not true. Mr. Trump on Wednesday announced a 25 per cent tariff on all imported cars after the US stock market closed, following an unexpected weakening in consumer confidence on Tuesday, while "reciprocal tariffs" will also be made clear in the coming days. Two Federal Reserve officials issued shock warnings amid concerns about the economic outlook and rising risk aversion in the market against the backdrop of the Trump administration's impending flurry of tariffs.