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🤪 Elon Musk against trade tariffs. According to The Washington Post, Elon Musk has asked Donald Trump to cancel new tariffs on imports from Europe and China. Let's see if such requests work 🤔 #ElonMusk #TrumpTariffs #CryptoTariffDrop #BTC $BTC

Trump puts tariffs on everyone to lower the Treasury yield to refinance debt on lower rates, but China is a big US bond holder and are now selling their bonds to increase the yield. Trump is between a rock and a hard place. China still have $700B they can sell. Fiat is a shitshow

Billionaire Bill Ackman has urged the Trump administration to be prudent in its attempt to change the current trading system, which he says has served the United States well. Ackman warned against pursuing a course that upends the world order in a way that “disadvantages our country over the long term.” Instead of the “reciprocal” tariffs that the U.S. has imposed, Ackman said he favors a 10% across-the-board tariff. He characterized this as compensation due to the U.S. for the “historically unfair trade practices that have contributed to our massive deficits and national debt.” He also proposed, without specifying, keeping “pressure on China to resolve materially unfair trading practices, IP theft, and currency manipulation.” The billionaire’s comments came a day after he was quoted warning of an “economic nuclear winter” for the U.S. if Trump’s reciprocal tariffs were not paused. Ackman, who backed Trump in the last U.S. election, argued that a three-month pause would allow the United States to negotiate better deals with its trade partners. Like other U.S. billionaire backers of Trump, Ackman believes the U.S. government’s current course could spell disaster for the country. While the U.S. President has since dismissed rumors he was contemplating a pause as fake news, some observers believe these reports helped limit losses on U.S. markets on April 7, the so-called Black Monday. However, in his X post reiterating his call for a 90-day pause, Ackman expanded on why the Trump administration needs rethink its current policy. “It does not make sense to have balanced trade with countries that are smaller than us and that have fewer resources to spend on U.S. goods, i.e., we will forever be buying more from Madagascar than they will buy from us,” Ackman argued. He also repeated the argument that the manufacturing jobs that Trump wants to return to the United States are not needed. Ackman also implied that the calculations used by the Trump administration to determine the reciprocal tariffs to be levied exclude U.S. exports such as software, intellectual property, and finance. He asserted that the inclusion of these exports would “make the balance of trade statistics look much more balanced.” Ackman also took aim at the Trump administration’s insistence on comparing the U.S., which has a larger economy and higher standard of living, with smaller and less developed countries. “A goal of generating a dollar of exports for every dollar of imports is not a useful one, particularly on a country-by-country basis in light of our massively higher standard of living and having the largest economy in the world,” the billionaire said. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

President Trump's Executive Director says LIVE "the era of #Bitcoin & crypto in the U.S. is only just beginning"

VanEck @vaneck_us's @matthew_sigel on President Trump's tariffs: "#Bitcoin is evolving from a speculative asset into a functional monetary tool—particularly in economies looking to bypass the dollar and reduce exposure to U.S.-led financial systems."