Yo crypto fam — MRWW here with a major update.
Yesterday, Trump proposed a staggering 104% tariff on Chinese imports. Today? He’s doubling down, pushing it to 125%, and even 145% on certain goods. This isn't just a trade war; it's a full-blown economic battle!
But here's the twist: U.S. companies might be the first to feel the heat.
American Giants in the Crossfire
Companies like Apple, Tesla, Walmart, and Ford heavily rely on Chinese manufacturing and supply chains.
Apple makes almost all iPhones and iPads in China.
Tesla gets 50% of its cars and nearly all of its batteries from China.
Walmart stocks 70–80% of its products from Chinese suppliers.
Qualcomm? Over 60% of its money comes from China.
And giants like Nike, Boeing, Ford, GM, Micron — all have huge exposure.
Market Mayhem
Today, the Dow Jones futures dropped over 600 points, with the S&P 500 and Nasdaq also taking significant hits. Tech giants like Tesla and Nvidia saw their stocks tumble by over 3%. Investors are jittery, and the ripple effects are spreading fast.
Smart Money's Move
When traditional markets shake, where does smart money go? Crypto. Assets like Bitcoin often become safe havens during economic uncertainty. As fiat markets falter, decentralized finance gains traction.
Final Thoughts from MRWW
Trump's aggressive tariff strategy might aim to pressure China, but the immediate impact could be a self-inflicted wound on the U.S. economy. Companies, investors, and consumers should brace for potential turbulence ahead.
Follow for further updates !
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