Trump to Impose New Tariffs on Dozens of Countries as Demand for AI Supply Chain Rises

On July 21, key news from the U.S. pre-market is as follows: Trump is expected to impose new tariffs on dozens of countries as early as this week; he has agreed to the ethical provisions of the CLARITY Act, nearing a Senate vote; the hidden debt of the five major U.S. tech giants has surged to $1.65 trillion; JPMorgan's CEO stated that investors are underestimating market risks and will not buy stocks or long-term U.S. Treasury bonds at this time; Goldman Sachs predicts that if the Strait of Hormuz is blocked for an extended period, international oil prices may exceed $120 per barrel by the end of the year; demand for AI storage is increasing, with Nvidia's CMX expected to consume over 100 million TBNAND next year, and Samsung has already begun supplying.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.