Dream11 π©π΅
@dream11
πΊπΈ PRESIDENT TRUMP HAS EXEMPTED SMARTPHONES, COMPUTERS AND CHIPS FROM NEW U.S. TARIFFS WHY IS THIS BULLISH? AS WE KNOW, US HAS IMPOSED 145% TARIFFS ON CHINESE GOODS. IN 2024, NEARLY $440 BILLION WORTH OF GOODS WERE IMPORTED FROM CHINA TO US. OUT OF THAT, CHINA EXPORTS NEARLY $100 BILLION WORTH OF SMARTPHONES, COMPUTERS AND CHIPS. AFTER NEW ANNOUNCEMENT, THESE $100 BILLION WORTH OF GOODS WILL BE EXEMPTED FROM TARIFFS. IT SEEMS LIKE US VS. CHINA TRADE WAR IS SLOWLY COMING TO AN END WHICH IS GIGA BULLISH FOR THE MARKETS.
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