Odaily Planet Daily News: European Central Bank President Lagarde said that she has great respect for Federal Reserve Chairman Powell, and the relationship between central banks is solid and strong. The situation on tariffs could not be fully clarified at the June meeting. The most obvious response from the EU is to provide zero tariffs and redirect the flow of goods, but no stimulus measures were discussed. It was mentioned that a 50 basis point interest rate cut may be possible, but the market generally reacted strongly to a 25 basis point interest rate cut. (Jinshi)