Ah, behold the grand spectacle of our esteemed President, Donald Trump, in his latest farce of economic folly! On this fine Friday, he hath proclaimed a 100% tariff upon the mighty China, a decree so bold it hath sent the price of Bitcoin (BTC) tumbling below $110,000, as we scribble these words with quill and ink. 🤑
The reason for this comedic tragedy? China, it seems, hath dared to impose export restrictions on rare earth minerals, those precious morsels essential for crafting computer chips. Our dear President, ever the dramatist, took to Truth Social to pen his lament:
“Mark well, good sirs and madams, it hath come to light that China, with audacity unmatched, hath sent a missive most hostile to the World! They declare, with effect from November 1, 2025, to shackle their exports with controls most draconian, upon every trinket and treasure they produce!”
This trade war, a comedy of errors, hath sent shockwaves through the crypto markets, wiping out hundreds of billions of dollars in value, a scene all too familiar from April’s antics. Oh, the folly of it all! Will these two giants ever cease their merry dance of destruction? 🤹♂️
This tale, ever unfolding, shall be updated as the stars align and more details emerge. Stay tuned, dear reader, for the next act in this grand tragicomedy! 🎭
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2025-10-11 01:02