Crypto Web3 Today
--
Bullish
Trump is in a real bind.
It seems Trump was lying a few days ago when he said his new tariff policy was "working very well." Today, he decided to exempt smartphones, computers, and some other electronic devices from tariffs of up to 125% on Chinese imports! 🫤
This decision comes as a result of concerns from American tech companies about the rising prices of electronic devices, many of which are manufactured in China. US Customs announced that these products will be exempt from the global tariffs imposed by the US administration.
This decision may be one of Trump's ploys, as he will give American companies more time to move their production to the United States, and then "punish" them again with higher tariffs.
It also happened now 🔹 It happened now 🔴🇨🇳🇺🇸 China is calling on the United States to "completely remove" tariffs.
In your opinion: How will technology be held back by these vacillating decisions? 🤔.
#Write2Earn
It seems Trump was lying a few days ago when he said his new tariff policy was "working very well." Today, he decided to exempt smartphones, computers, and some other electronic devices from tariffs of up to 125% on Chinese imports! 🫤
This decision comes as a result of concerns from American tech companies about the rising prices of electronic devices, many of which are manufactured in China. US Customs announced that these products will be exempt from the global tariffs imposed by the US administration.
This decision may be one of Trump's ploys, as he will give American companies more time to move their production to the United States, and then "punish" them again with higher tariffs.
It also happened now 🔹 It happened now 🔴🇨🇳🇺🇸 China is calling on the United States to "completely remove" tariffs.
In your opinion: How will technology be held back by these vacillating decisions? 🤔.
#Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.