- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Former US Commerce Secretary: It's very difficult to remove Trump's tariffs

By: theblockbeats.news|2025/11/19 07:46:58

BlockBeats News, November 19th, former US Secretary of Commerce Raymondo said that the tariff policy implemented by Trump is likely to continue after his term ends because politicians are concerned that once these protectionist barriers are removed, they will offend those worried about job outsourcing and AI replacing workers.

Raymondo said that regardless of which party governs in the future, the political cost of repealing tariffs is too high. "Once tariffs are imposed, it is difficult to remove them. No one is willing to be accused of betraying American workers. Tariffs protect American workers, and I believe this has become more politicized in the context of AI development."

Goldman Sachs CEO Waldren agrees with this view and adds that the labor environment is expected to become more complex next year, further exacerbating this political sensitivity. (FXStreet)

Malaysia's national electricity company, <Organization>Tenaga Nasional</Organization>, has suffered a loss of over $1 billion due to electricity theft for cryptocurrency mining.

「Buddy」 has been liquidated 71 times on Hyperliquid so far this month