Tariffs Paused!
As widely known, the U.S. imports a wide range of technologies—such as chips, smartphones, and display panels. Leading the list of exporting countries are regions like China.
Recently, tariffs on these kinds of products were temporarily suspended.
This move gave global tech companies and the crypto market a brief moment to breathe. Following the decision, a noticeable rally was seen in tech stocks.
However, official statements clarified that this exemption is only temporary.
Given how heavily the U.S. relies on foreign countries for tech production, do you think they will continue with import tariffs in the long run?