@BillAckman It’s true that imposing tariffs on China without tightly controlling goods from neighboring countries can make the policy less effective. Many companies may shift their production to countries like Vietnam, Thailand, Malaysia, or Mexico to avoid tariffs, and then export to USA
*TRUMP: RAISING TARIFF CHARGED TO CHINA TO 125% EFFECTIVE IMMEDIATELY
*TRUMP: MORE THAN 75 COUNTRIES IN CONTACT WITH US TO NEGOTIATE
*TRUMP: AUTHORIZED 90 DAY PAUSE, LOWERED RECIPROCAL TARIFF OF 10%
Trade war against China only, for now
🚨 NOW: Mt. Gox has just transferred 11,501 $BTC ($1.01B) to two wallets.
893 $BTC ($78.11M) was transferred to its hot wallet and 10,608 $BTC ($927.48M) was transferred to a change wallet, per Arkham.