A U.S. Trade War With China Might Affect Bitcoin Miners

A U.S. Trade War With China Might Affect Bitcoin Miners

President-elect Donald Trump often decried how China sucked jobs out of the U.S. and he offered up the solution of prosecuting trade cases against China for its “unfair subsidy behavior” and currency manipulation. He suggested tariffs as high as 45 percent on its exports. “We can’t continue to allow China to rape our country, and that’s what they’re doing,” he told supporters in May. “We have the power over China, economic power, and people don’t understand it,” Trump also said during the campaign. If Trump pursues a such path, then China would fight back – it’s even said so itself. It....


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