Top officials close to Trump have all admitted: China's deepseek has destroyed the US stock market, and it is unrelated to Trump's policies! Since Trump announced the new global tariff policy, the US stock market has fallen by about 10% in two days, with trillions of dollars in market value lost. Now, not only does Trump avoid mentioning his previous claim that he would stuff the president into a cannon barrel if the stock market dropped a thousand points, but instead talks about detoxifying the US economy. What's even more laughable is that Treasury Secretary Mnuchin, an absolute confidant of Trump, publicly acknowledged the great power of China's deepseek artificial intelligence on April 5, believing that the catastrophic decline of the US stock market was not caused by Trump's policies, but by China's introduction of the deepseek AI. He believes that the incompetence of tech giants like Google and Apple led to China launching new technologies, which severely impacted the US stock market. Mnuchin's move naturally implies an attempt to exonerate Trump, and some say this Treasury Secretary has reached the point of speaking without thinking. Rumors are already circulating that this Secretary will soon resign and flee. On the other hand, the remarks of this high-ranking US official also indicate that, from the investment perspective, the emergence of deepseek has indeed caused a huge impact on the tech hegemony concept that the US stock market has built, to the extent that even the bubble cannot be sustained. In the past, it was Huawei; now, it's deepseek. The US government keeps giving free advertising for China's national pride products, and this is truly more effective than any advertising company...
Original article: https://www.toutiao.com/article/1828561842308187/
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