Analyst Warns of Economic Impact from U.S. Tariffs

According to BlockBeats, Wedbush analysts have expressed concerns over the notion that the U.S. can produce goods domestically, highlighting the complexity of Asian supply chains and the established methods of manufacturing for American consumers over the past 30 years. In a research report, analysts described the latest tariffs as the 'largest market collapse ever,' attributing the situation entirely to U.S. President Donald Trump, and criticizing the underlying logic. Wedbush stated that the economic pain resulting from these tariffs is difficult to quantify, suggesting that the U.S. technology sector could regress by a decade in the process.