1. Renewed U.S.-China trade tensions under Trump and Xi have sparked market volatility, reminiscent of past trade war patterns; 2. The article analyzes potential outcomes, including a market correction or continued instability, drawing parallels to April's market behavior; 3. The author promotes dividend-focused investment strategies through their service, emphasizing long-term income generation and portfolio resilience.

➀ Concerns over the impact of the U.S. presidential election and the ongoing chip war between China and the U.S. are likely to decrease China's semiconductor equipment spending to below USD 40 billion in 2025. ➁ The tension is expected to affect the global semiconductor supply chain. ➃ The situation highlights the importance of domestic semiconductor manufacturing capabilities.