ANALYSIS: Tariffs Will Create Price Disaster for US Consumers
BlockBeats News, 8 April - Wade Bush analysts say the claim that “we can manufacture in the US” underestimates the complexity of Asian supply chains and the way goods have been manufactured for US consumers over the past 30 years. In a research note, the analysts described the latest tariffs as “the biggest meltdown the market has ever seen” because the logic behind them is flawed as it is entirely of Trump's own making.
'The economic pain these tariffs will cause is indescribable, and in the process, the US tech industry could be set back 10 years,' Wade Bush said." (Golden Ten)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Major Overnight Developments on December 11
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
Norwegian central bank temporarily halts progress on CBDC plan