五味子
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The trade war between the two largest economies in the world has escalated, with China imposing a series of new tariffs on certain U.S. imports and adding several American companies to its export control list.
China has responded to the previous tariff increases by the U.S. by implementing export controls on key minerals and launching an anti-monopoly investigation into Google.
U.S. President Trump’s measure to impose a 25% tariff on goods from Canada and Mexico took effect on Tuesday. The new 25% tariff applies to all imported goods from Mexico and Canada, excluding energy products such as crude oil and natural gas, which will be subject to a 10% tariff.
China announced it will impose a 15% tariff on U.S. chicken, wheat, corn, and cotton products, and a 10% tariff on sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy products. The new tariffs on U.S. goods from China will take effect on March 10.
U.S. stock markets continued to decline on Tuesday following President Trump's imposition of tariffs on imports from Mexico and Canada. The Dow Jones Industrial Average fell by about 670 points, a drop of 1.6%, and has cumulatively declined by 23 points this year. The S&P 500 index dropped by 1.2%, while the tech-heavy Nasdaq Composite index fell by 0.4%.
The tariff war and trade war should be just the beginning. Currently, there seems to be no opportunity for easing. U.S. tariffs are primarily aimed at curbing the counteraction from Country C. They are also intended to contain the significant trade deficit that leads to capital outflows. Most importantly, the goal is to attract more businesses to invest and produce in the United States, restarting and enhancing the level of U.S. manufacturing. Previously, the focus was on U.S. interests, and this round of calculations has been quite good.
From the current stock market trends, the tariff war is still causing Wall Street to worry about economic recession and continued inflation rebound. Funds from Wall Street are temporarily flowing out of the stock market, and the cryptocurrency market has seen no new funds entering.
Trump's national strategic reserve plan currently appears to be just a verbal promise. However, the cryptocurrency market has indeed become a cash machine for the Trump family and others.
From the perspective of BTC, it is still in a downtrend, with a downward trend. It is recommended to hold specific coins, reduce positions on rebounds, and temporarily avoid large-scale investments.
The current positive factors are only temporary; personally, I believe BTC will continue to move downward. Everyone should continue to hold. $BTC #特朗普国会演讲
China has responded to the previous tariff increases by the U.S. by implementing export controls on key minerals and launching an anti-monopoly investigation into Google.
U.S. President Trump’s measure to impose a 25% tariff on goods from Canada and Mexico took effect on Tuesday. The new 25% tariff applies to all imported goods from Mexico and Canada, excluding energy products such as crude oil and natural gas, which will be subject to a 10% tariff.
China announced it will impose a 15% tariff on U.S. chicken, wheat, corn, and cotton products, and a 10% tariff on sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy products. The new tariffs on U.S. goods from China will take effect on March 10.
U.S. stock markets continued to decline on Tuesday following President Trump's imposition of tariffs on imports from Mexico and Canada. The Dow Jones Industrial Average fell by about 670 points, a drop of 1.6%, and has cumulatively declined by 23 points this year. The S&P 500 index dropped by 1.2%, while the tech-heavy Nasdaq Composite index fell by 0.4%.
The tariff war and trade war should be just the beginning. Currently, there seems to be no opportunity for easing. U.S. tariffs are primarily aimed at curbing the counteraction from Country C. They are also intended to contain the significant trade deficit that leads to capital outflows. Most importantly, the goal is to attract more businesses to invest and produce in the United States, restarting and enhancing the level of U.S. manufacturing. Previously, the focus was on U.S. interests, and this round of calculations has been quite good.
From the current stock market trends, the tariff war is still causing Wall Street to worry about economic recession and continued inflation rebound. Funds from Wall Street are temporarily flowing out of the stock market, and the cryptocurrency market has seen no new funds entering.
Trump's national strategic reserve plan currently appears to be just a verbal promise. However, the cryptocurrency market has indeed become a cash machine for the Trump family and others.
From the perspective of BTC, it is still in a downtrend, with a downward trend. It is recommended to hold specific coins, reduce positions on rebounds, and temporarily avoid large-scale investments.
The current positive factors are only temporary; personally, I believe BTC will continue to move downward. Everyone should continue to hold. $BTC #特朗普国会演讲
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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