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Trump is turning America into dump nation. Nobody will trust America. Hold on and track first. Do check in my bio to join our tele grp for free analysis on stocks.
I think good idea to sell first..... For me not much change, China export to USA is about $590 billion. And combining 70 countries total value is maybe $150 billion (plus 2 penguin) that get 10% Tariff — Tomolo China will announce 100% Tariff.
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With Trump imposing another 50% tariff on China, wouldn't this be a net positive for Malaysian OSAT players such as Inari? After all, the US chips will need someone to package. So, Malaysian OSAT players can process China-bound chips, and they can process US-bound chips. So, Malaysia should be the go-to OSAT provider for all the feuding parties. It shouldn't be so bad. After all, Malaysian OSAT stocks have already been punished enough. The 50% additional tariff on China should be a net positive.