Quote from: Oluwa-btc on Today at 05:42:24 PM

Quote from: palle11 on April 15, 2025, 10:43:17 AM

The tariff placed by US government is not only on China but why the media is now talking is because Trump has relaxed the tariff for other countries for 90 days and instead of reducing that of China, it was increased to about 120 percent. What I can say to that is that US have always seen China as a very strong competitor in every area like trade and industrial manufacturing, technology, warfare etc. So they will put more effort to discourage Chinese products in the US and allies of US.

Again, Trump made it clear that he is going to focus on the American people and so many orders have been made in that direction including the child birth right which is aiming to discourage migrants to see US as a safe heaven for child bearing and citizenship status.

Trump's tariffs developments didn't just affect China alone afterwards, people hated Trump because of the negatives influence and how it affected several economical factors like the price and other international related projects and affairs.
Trump's tariffs was meant to punish certain businesses and workforce,but ended up affecting USA industries with crazy economical outcomes

it is the uncertainty that makes it hard for business. I want to buy this

https://altairtech.io/product/bitmain-antminer-s21-xp/ today it is 7,000

it has moved up and down from 6900 to 7900 now 7000.

Makes it hard for me to go and get 3 of them.

So this in turn hurts altairtech and my host.

So 3 companies hurt in this case alone.

bitmain
altairtech
my host

also my mine

all would have moved the 3 x 7 = 21k

around

and USA gov do not get the lower 25% tariff or about 4k

A ton of wealth is not allowed to flow freely

that example above can be 1,000x maybe 100,000x more wealth frozen by uncertainty