Trump Trade War Begins: How Will Bitcoin Move?
Donald Trump announced new tariffs on all imported goods from the United States' three major trading partners: China, Mexico, and Canada. On Friday, U.S. President Trump stated that tariffs would be imposed on products such as computer chips, pharmaceuticals, steel, aluminum, copper, oil, and natural gas starting as early as mid-February. As a result of Trump's tariff policy, Chinese stocks opened lower across the board. Bitcoin continues to drop to $94000.
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Are stocks oversold or just a beginning?
How will tariffs impact US and China companies and other assets?
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