Market Analysis: Tariffs Will Bring Price Disaster to American Consumers

Jin10 data reported on April 8th that Wedbush analysts stated, "The assertion that 'we can produce in the U.S.' underestimates the complexity of the Asian Supply Chain and the way goods have been manufactured for American consumers over the past 30 years." In a research report, analysts described the latest tariffs as "the largest collapse in the market's history," as this was entirely caused by Trump himself, with flawed logic behind it. Wedbush stated, "The economic pain these tariffs will bring is hard to describe, and in the process, the U.S. tech industry may regress by 10 years."