U.S. Tariffs, "Plan B" Leaked, Sudden Negative Impact, Over 200,000 Liquidated!

On the 29th local time, U.S. White House Economic Advisor Hassett and White House Trade Advisor Navarro revealed that even if the U.S. International Trade Court's ruling to "halt" tariffs remains in effect, the Trump administration will implement tariff policies using other laws.

"Tariff Plan B". The first step is to consider imposing tariffs on a global scale based on a never-before-used Section 122 of the Trade Act of 1974, which includes allowing the government to impose tariffs of up to 15% within 150 days.

Trump stated, "In this matter, it is precisely because I successfully utilized tariffs that trillions of dollars have started to flow into the U.S. from other countries. Without these tariffs, we would not have been able to obtain this funding. This determines whether America is wealthy, prosperous, and successful, or just the opposite."

The uncertainty of the Trump administration's tariff policy has led to a sell-off in cryptocurrencies, causing prices to plummet. Data shows that within 24 hours, over $676 million in cryptocurrency contracts were liquidated, with more than 200,000 people affected. Among them, over 90% were long positions liquidated.

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