#美国加征关税

According to news reports, "Donald Trump has imposed new tariffs on goods from Canada, Mexico, and China.

The President of the United States signed an executive order imposing a 25% tariff (or import tax) on all imported goods from Canada and Mexico to force both countries to strengthen their efforts against illegal immigration and drug smuggling.

Goods from China will also face an additional 10% tariff "on top of existing tariffs" until China curbs fentanyl smuggling. He had previously promised to impose a 60% tariff on Chinese goods and had considered a 200% tariff on certain car imports.

Tariffs are central to Trump's economic policy, as he believes they are a means to promote economic growth, protect jobs, and increase tax revenue.

During the campaign, he told voters that these taxes "will not be a cost you have to bear, but a cost borne by other countries."

However, almost all economists believe this claim is misleading.

Oren Cass, director of the conservative think tank American Compass, argues that tariffs can motivate companies to keep more manufacturing in the United States, which helps national defense and supply chain security.

Nevertheless, the Biden-Harris administration has retained many of the tariffs implemented after 2018 while strongly criticizing Trump’s proposal to extend them.

Additionally, the Biden administration has imposed new tariffs on products imported from China, such as electric vehicles, justifying these actions on grounds of national security, American industrial policy, and unfair domestic subsidies from Beijing.

Therefore, I believe this is not a correct policy and may severely impact cryptocurrency prices.