On April 8th, Wade Bush analysts stated that the claim "we can produce in the United States" underestimates the complexity of Asian supply chains 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 biggest collapse in market history," as they were entirely created by Trump himself, with flawed logic behind them.
Wade Bush stated: "The economic pain these tariffs will bring is indescribable, and in the process, the US tech industry may be set back 10 years." (Jin Shi)