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🚀Trump Tariffs: A Rocky Road in the World of Trade 🌉🔥In the complex and ever - changing world of international trade, former President Donald Trump's tariffs have left an indelible mark. His decisions in this arena were like powerful shockwaves that reverberated across the global economic landscape. 🌍 ## The Trump Tariff Initiative 📜 Trump's tariff policies were aimed at reshaping the United States' trade relationships. He believed that imposing tariffs, which are essentially taxes on imported goods, would level the playing field. His administration slapped tariffs on a wide range of products from various countries. For instance, he targeted China, one of the U.S.'s largest trading partners. 🇺🇸🇨🇳 The tariffs on Chinese goods were significant. They ranged from consumer products like electronics and clothing to industrial components. It was as if he was building a wall of taxes around certain imports, with the intention of protecting domestic industries and reducing the trade deficit. 🛠️💰 ## The Ripple Effects on the Global Economy 🌊 These tariffs didn't just affect the U.S. and China. They sent shockwaves through the entire global supply chain. Businesses that relied on imported raw materials or components from China faced higher costs. It was like a domino effect. A small business in the U.S. that used Chinese - made parts to manufacture its products suddenly had to pay more for those parts. This, in turn, either led to higher prices for their customers or a squeeze on their profit margins. 😣 Countries around the world were also impacted. Some, like Vietnam and Taiwan, saw an opportunity as companies tried to diversify their supply chains away from China. However, they too faced the uncertainty of potential future tariffs from the U.S. It was like walking on a tightrope, trying to navigate the changing trade policies. 🤹‍♂️ ## The Reaction from the International Community 🌐 China didn't take these tariffs lying down. They retaliated with their own set of tariffs on U.S. goods. It was a classic case of tit - for - tat. American farmers, for example, who exported a significant amount of agricultural products to China, saw a sharp decline in their sales. Their products became more expensive in the Chinese market, and Chinese consumers turned to other sources. 😔 Other countries also expressed concerns. The European Union, a major economic bloc, worried about the potential spill - over effects on their trade with the U.S. They feared that the U.S. might impose similar tariffs on their goods in the future. It was like a cloud of uncertainty hanging over international trade relations. ☁️ ## The Impact on American Consumers and Businesses 🛍️🏭 American consumers also felt the pinch. With imported goods becoming more expensive due to the tariffs, their purchasing power decreased. A family looking to buy a new television or a piece of furniture might have found that the price tag had gone up. It was like a hidden tax on everyday purchases. 💰🛒 For American businesses, especially those that relied on imports, the tariffs were a double - edged sword. On one hand, they faced higher costs for their inputs. On the other hand, some domestic industries that were protected by the tariffs saw a temporary boost. But overall, the uncertainty created by the ever - changing tariff policies made long - term planning extremely difficult. It was like trying to sail a ship in stormy waters without a clear map. 🚢🌪️ In conclusion, Trump's tariffs were a bold but controversial move in the world of international trade. They had far - reaching consequences for the global economy, international relations, and the everyday lives of consumers and businesses. The legacy of these tariffs continues to be felt, and the lessons learned will likely shape future trade policies for years to come. 🌟

🚀Trump Tariffs: A Rocky Road in the World of Trade 🌉🔥

In the complex and ever - changing world of international trade, former President Donald Trump's tariffs have left an indelible mark. His decisions in this arena were like powerful shockwaves that reverberated across the global economic landscape. 🌍
## The Trump Tariff Initiative 📜
Trump's tariff policies were aimed at reshaping the United States' trade relationships. He believed that imposing tariffs, which are essentially taxes on imported goods, would level the playing field. His administration slapped tariffs on a wide range of products from various countries. For instance, he targeted China, one of the U.S.'s largest trading partners. 🇺🇸🇨🇳

The tariffs on Chinese goods were significant. They ranged from consumer products like electronics and clothing to industrial components. It was as if he was building a wall of taxes around certain imports, with the intention of protecting domestic industries and reducing the trade deficit. 🛠️💰

## The Ripple Effects on the Global Economy 🌊
These tariffs didn't just affect the U.S. and China. They sent shockwaves through the entire global supply chain. Businesses that relied on imported raw materials or components from China faced higher costs. It was like a domino effect. A small business in the U.S. that used Chinese - made parts to manufacture its products suddenly had to pay more for those parts. This, in turn, either led to higher prices for their customers or a squeeze on their profit margins. 😣

Countries around the world were also impacted. Some, like Vietnam and Taiwan, saw an opportunity as companies tried to diversify their supply chains away from China. However, they too faced the uncertainty of potential future tariffs from the U.S. It was like walking on a tightrope, trying to navigate the changing trade policies. 🤹‍♂️

## The Reaction from the International Community 🌐
China didn't take these tariffs lying down. They retaliated with their own set of tariffs on U.S. goods. It was a classic case of tit - for - tat. American farmers, for example, who exported a significant amount of agricultural products to China, saw a sharp decline in their sales. Their products became more expensive in the Chinese market, and Chinese consumers turned to other sources. 😔

Other countries also expressed concerns. The European Union, a major economic bloc, worried about the potential spill - over effects on their trade with the U.S. They feared that the U.S. might impose similar tariffs on their goods in the future. It was like a cloud of uncertainty hanging over international trade relations. ☁️

## The Impact on American Consumers and Businesses 🛍️🏭
American consumers also felt the pinch. With imported goods becoming more expensive due to the tariffs, their purchasing power decreased. A family looking to buy a new television or a piece of furniture might have found that the price tag had gone up. It was like a hidden tax on everyday purchases. 💰🛒

For American businesses, especially those that relied on imports, the tariffs were a double - edged sword. On one hand, they faced higher costs for their inputs. On the other hand, some domestic industries that were protected by the tariffs saw a temporary boost. But overall, the uncertainty created by the ever - changing tariff policies made long - term planning extremely difficult. It was like trying to sail a ship in stormy waters without a clear map. 🚢🌪️

In conclusion, Trump's tariffs were a bold but controversial move in the world of international trade. They had far - reaching consequences for the global economy, international relations, and the everyday lives of consumers and businesses. The legacy of these tariffs continues to be felt, and the lessons learned will likely shape future trade policies for years to come. 🌟
#Trump TariffsMacron Sounds the Alarm: France Prepares to Retaliate Against Trump's Tariffs!🇺🇸 In the high - stakes world of international trade, tensions are flaring up once again. President Emmanuel Macron of France has stepped into the spotlight, making a bold statement in response to President Trump's tariff plan. 🇺🇸 ## Macron's Stern Warning Macron has issued a clear and firm warning that the European Union, with France leading the charge, will not take Trump's tariffs lying down. He has declared that the EU would freeze U.S. investments as a form of retaliation. It's like putting up a roadblock on the highway of transatlantic economic cooperation. 🚧 When Macron said, “All instruments are on the table,” he meant business. This is a no - holds - barred approach. The EU has a whole arsenal of economic tools at its disposal, and it's ready to use them. Whether it's imposing its own tariffs on U.S. goods, restricting American companies' access to European markets, or taking other punitive measures, nothing is off - limits. 🔫 ## Sovereignty at Stake Macron emphasized that the U.S. move is not just an economic issue; it's a threat to Europe's sovereignty. The tariffs are seen as an attempt by the U.S. to strong - arm the EU into submission, and Europe won't stand for it. Sovereignty is like the crown jewel of a nation or a union, and the EU is determined to protect it. 🤴 This tit - for - tat between the U.S. and the EU could have far - reaching consequences. It might disrupt global supply chains, as companies that rely on trade between the two regions will have to scramble to adjust. It could also lead to higher prices for consumers on both sides of the Atlantic, as the cost of imported goods goes up. 🌍 The world is watching closely as this trade drama unfolds. Will the two economic powerhouses be able to find a peaceful resolution, or will the situation escalate further? Only time will tell, but one thing is clear: France, under Macron's leadership, is ready to fight back against what it sees as an unjust U.S. trade move. ⏳ #Binance #TrumpTarrifs #InternationalTrade

#Trump Tariffs

Macron Sounds the Alarm: France Prepares to Retaliate Against Trump's Tariffs!🇺🇸
In the high - stakes world of international trade, tensions are flaring up once again. President Emmanuel Macron of France has stepped into the spotlight, making a bold statement in response to President Trump's tariff plan. 🇺🇸
## Macron's Stern Warning
Macron has issued a clear and firm warning that the European Union, with France leading the charge, will not take Trump's tariffs lying down. He has declared that the EU would freeze U.S. investments as a form of retaliation. It's like putting up a roadblock on the highway of transatlantic economic cooperation. 🚧
When Macron said, “All instruments are on the table,” he meant business. This is a no - holds - barred approach. The EU has a whole arsenal of economic tools at its disposal, and it's ready to use them. Whether it's imposing its own tariffs on U.S. goods, restricting American companies' access to European markets, or taking other punitive measures, nothing is off - limits. 🔫
## Sovereignty at Stake
Macron emphasized that the U.S. move is not just an economic issue; it's a threat to Europe's sovereignty. The tariffs are seen as an attempt by the U.S. to strong - arm the EU into submission, and Europe won't stand for it. Sovereignty is like the crown jewel of a nation or a union, and the EU is determined to protect it. 🤴
This tit - for - tat between the U.S. and the EU could have far - reaching consequences. It might disrupt global supply chains, as companies that rely on trade between the two regions will have to scramble to adjust. It could also lead to higher prices for consumers on both sides of the Atlantic, as the cost of imported goods goes up. 🌍
The world is watching closely as this trade drama unfolds. Will the two economic powerhouses be able to find a peaceful resolution, or will the situation escalate further? Only time will tell, but one thing is clear: France, under Macron's leadership, is ready to fight back against what it sees as an unjust U.S. trade move. ⏳

#Binance #TrumpTarrifs #InternationalTrade
Okay, here's a post in English that should meet the requirements: The ongoing impact of #TrumpTariffs on the global economy continues to be a subject of intense debate. The implementation of tariffs during the Trump administration sparked mixed reactions and had a significant effect on international trade relations. Some argue that these tariffs helped protect domestic industries and jobs in the United States, while others point to the negative consequences for consumers in the form of higher prices and the disruption of supply chains. It's crucial to analyze the long-term implications of these measures. How did they affect the competitiveness of American companies? How did they influence relationships with key trading partners such as China, the European Union, and Canada? And what was the overall impact on global growth? Discussions about #TrumpTariffs should consider various economic models and empirical data. It's necessary to compare the benefits for certain sectors with the costs borne by other parts of the economy and consumers. Geopolitical aspects and the impact on international cooperation in trade should also be considered. I'm interested in your perspective on this complex issue. What do you think were the main positives and negatives of the tariffs imposed during the Trump administration? And how should international trade policy evolve in the future? Share your thoughts! #economy #internationaltrade #Tariffs #USA #politics #TrumpTariffs
Okay, here's a post in English that should meet the requirements:
The ongoing impact of #TrumpTariffs on the global economy continues to be a subject of intense debate. The implementation of tariffs during the Trump administration sparked mixed reactions and had a significant effect on international trade relations. Some argue that these tariffs helped protect domestic industries and jobs in the United States, while others point to the negative consequences for consumers in the form of higher prices and the disruption of supply chains.
It's crucial to analyze the long-term implications of these measures. How did they affect the competitiveness of American companies? How did they influence relationships with key trading partners such as China, the European Union, and Canada? And what was the overall impact on global growth?
Discussions about #TrumpTariffs should consider various economic models and empirical data. It's necessary to compare the benefits for certain sectors with the costs borne by other parts of the economy and consumers. Geopolitical aspects and the impact on international cooperation in trade should also be considered.
I'm interested in your perspective on this complex issue. What do you think were the main positives and negatives of the tariffs imposed during the Trump administration? And how should international trade policy evolve in the future? Share your thoughts! #economy #internationaltrade #Tariffs #USA #politics #TrumpTariffs
🚧 Trump's Tariffs: Unraveling the Impact🔥In the complex world of international trade, Trump's tariffs have been a hot - topic, but many are still left scratching their heads about what they truly mean. Let's break it down in simple terms! 🔍 ## 💡 What is a Tariff? A tariff is like an extra charge that a country's government places on imported goods. Let's take a super - simple example. Imagine China manufactures a mobile phone and ships it to the United States. The phone has a selling price of 7,000 RMB. If we convert this at an exchange rate of 7:1, the phone would cost $1,000 in the U.S. market. 📱💰 But then, Trump decides to impose a 30% tariff on Chinese goods. What happens? Well, the price of that mobile phone in the U.S. market skyrockets! It jumps from $1,000 to $1,300. That extra $300 is like the U.S. government taking a "cut" of the sale. It's as if the government is adding an extra fee for the privilege of bringing that phone into the country. 🔪 ## 📉 The Impact on Mobile Phone Manufacturers When Trump raises these tariffs, it sets off a chain reaction. The increase in the mobile phone's price is likely to lead to a decrease in sales. People in the U.S. might think twice about buying a $1,300 phone when they could have gotten it for $1,000 before. As sales decline, the performance of mobile phone manufacturers is at risk. This could potentially cause their stock prices to take a nosedive, like a roller - coaster going down a steep drop. 🎢📉 Now, mobile phone manufacturers might try to be clever and maintain their market share in the U.S. They could lower the export price of the phone. For instance, if they sell it at $800, after adding the 30% tariff, the selling price in the U.S. would be just over $1,000, which might help keep sales up. But here's the catch! When they lower the price, their profits start to shrink. And just like before, this can lead to declining performance and a plummeting stock price. It's a lose - lose situation for the mobile phone exporters. No matter which way they turn, their stock prices are likely to experience a significant drop. 😫 ## 🌏 Impact on Asian Countries Asian countries, especially Japan, are big exporters to the U.S. Under Trump's tariffs and his aggressive trade policies, companies in these countries are in for a rough ride. Their profits are facing unprecedented impacts. It's like a storm brewing on the economic horizon, threatening to disrupt the business as usual for these exporters. With the extra costs imposed by tariffs, it becomes more difficult for them to maintain their profit margins and competitiveness in the U.S. market. 🌪️ *Disclaimer: The information provided in this article is for general informational purposes only. International trade policies and their impacts are complex and can be influenced by many factors. The examples given are simplified for illustrative purposes. The actual effects of tariffs on specific industries and countries can vary widely depending on market dynamics, supply - demand relationships, and the ability of businesses to adapt. Before making any economic or investment decisions based on trade policies, it is advisable to consult with economic experts, trade analysts, and financial advisors.* ** **

🚧 Trump's Tariffs: Unraveling the Impact🔥

In the complex world of international trade, Trump's tariffs have been a hot - topic, but many are still left scratching their heads about what they truly mean. Let's break it down in simple terms! 🔍
## 💡 What is a Tariff?
A tariff is like an extra charge that a country's government places on imported goods. Let's take a super - simple example. Imagine China manufactures a mobile phone and ships it to the United States. The phone has a selling price of 7,000 RMB. If we convert this at an exchange rate of 7:1, the phone would cost $1,000 in the U.S. market. 📱💰
But then, Trump decides to impose a 30% tariff on Chinese goods. What happens? Well, the price of that mobile phone in the U.S. market skyrockets! It jumps from $1,000 to $1,300. That extra $300 is like the U.S. government taking a "cut" of the sale. It's as if the government is adding an extra fee for the privilege of bringing that phone into the country. 🔪

## 📉 The Impact on Mobile Phone Manufacturers
When Trump raises these tariffs, it sets off a chain reaction. The increase in the mobile phone's price is likely to lead to a decrease in sales. People in the U.S. might think twice about buying a $1,300 phone when they could have gotten it for $1,000 before. As sales decline, the performance of mobile phone manufacturers is at risk. This could potentially cause their stock prices to take a nosedive, like a roller - coaster going down a steep drop. 🎢📉
Now, mobile phone manufacturers might try to be clever and maintain their market share in the U.S. They could lower the export price of the phone. For instance, if they sell it at $800, after adding the 30% tariff, the selling price in the U.S. would be just over $1,000, which might help keep sales up. But here's the catch! When they lower the price, their profits start to shrink. And just like before, this can lead to declining performance and a plummeting stock price. It's a lose - lose situation for the mobile phone exporters. No matter which way they turn, their stock prices are likely to experience a significant drop. 😫

## 🌏 Impact on Asian Countries
Asian countries, especially Japan, are big exporters to the U.S. Under Trump's tariffs and his aggressive trade policies, companies in these countries are in for a rough ride. Their profits are facing unprecedented impacts. It's like a storm brewing on the economic horizon, threatening to disrupt the business as usual for these exporters. With the extra costs imposed by tariffs, it becomes more difficult for them to maintain their profit margins and competitiveness in the U.S. market. 🌪️

*Disclaimer: The information provided in this article is for general informational purposes only. International trade policies and their impacts are complex and can be influenced by many factors. The examples given are simplified for illustrative purposes. The actual effects of tariffs on specific industries and countries can vary widely depending on market dynamics, supply - demand relationships, and the ability of businesses to adapt. Before making any economic or investment decisions based on trade policies, it is advisable to consult with economic experts, trade analysts, and financial advisors.*

** **
🇫🇷 Macron Sounds the Alarm: France Prepares to Retaliate Against Trump's Tariffs!🇺🇸In the high - stakes world of international trade, tensions are flaring up once again. President Emmanuel Macron of France has stepped into the spotlight, making a bold statement in response to President Trump's tariff plan. 🇺🇸 ## Macron's Stern Warning Macron has issued a clear and firm warning that the European Union, with France leading the charge, will not take Trump's tariffs lying down. He has declared that the EU would freeze U.S. investments as a form of retaliation. It's like putting up a roadblock on the highway of transatlantic economic cooperation. 🚧 When Macron said, “All instruments are on the table,” he meant business. This is a no - holds - barred approach. The EU has a whole arsenal of economic tools at its disposal, and it's ready to use them. Whether it's imposing its own tariffs on U.S. goods, restricting American companies' access to European markets, or taking other punitive measures, nothing is off - limits. 🔫 ## Sovereignty at Stake Macron emphasized that the U.S. move is not just an economic issue; it's a threat to Europe's sovereignty. The tariffs are seen as an attempt by the U.S. to strong - arm the EU into submission, and Europe won't stand for it. Sovereignty is like the crown jewel of a nation or a union, and the EU is determined to protect it. 🤴 This tit - for - tat between the U.S. and the EU could have far - reaching consequences. It might disrupt global supply chains, as companies that rely on trade between the two regions will have to scramble to adjust. It could also lead to higher prices for consumers on both sides of the Atlantic, as the cost of imported goods goes up. 🌍 The world is watching closely as this trade drama unfolds. Will the two economic powerhouses be able to find a peaceful resolution, or will the situation escalate further? Only time will tell, but one thing is clear: France, under Macron's leadership, is ready to fight back against what it sees as an unjust U.S. trade move. ⏳

🇫🇷 Macron Sounds the Alarm: France Prepares to Retaliate Against Trump's Tariffs!🇺🇸

In the high - stakes world of international trade, tensions are flaring up once again. President Emmanuel Macron of France has stepped into the spotlight, making a bold statement in response to President Trump's tariff plan. 🇺🇸

## Macron's Stern Warning
Macron has issued a clear and firm warning that the European Union, with France leading the charge, will not take Trump's tariffs lying down. He has declared that the EU would freeze U.S. investments as a form of retaliation. It's like putting up a roadblock on the highway of transatlantic economic cooperation. 🚧

When Macron said, “All instruments are on the table,” he meant business. This is a no - holds - barred approach. The EU has a whole arsenal of economic tools at its disposal, and it's ready to use them. Whether it's imposing its own tariffs on U.S. goods, restricting American companies' access to European markets, or taking other punitive measures, nothing is off - limits. 🔫

## Sovereignty at Stake
Macron emphasized that the U.S. move is not just an economic issue; it's a threat to Europe's sovereignty. The tariffs are seen as an attempt by the U.S. to strong - arm the EU into submission, and Europe won't stand for it. Sovereignty is like the crown jewel of a nation or a union, and the EU is determined to protect it. 🤴

This tit - for - tat between the U.S. and the EU could have far - reaching consequences. It might disrupt global supply chains, as companies that rely on trade between the two regions will have to scramble to adjust. It could also lead to higher prices for consumers on both sides of the Atlantic, as the cost of imported goods goes up. 🌍

The world is watching closely as this trade drama unfolds. Will the two economic powerhouses be able to find a peaceful resolution, or will the situation escalate further? Only time will tell, but one thing is clear: France, under Macron's leadership, is ready to fight back against what it sees as an unjust U.S. trade move. ⏳
See original
104 proc. New tariffs on China will take effect at midnight - When do the new tariffs take effect? The new tariffs will begin to apply at midnight from Tuesday to Wednesday, which corresponds to 6 AM in Poland. - Why is the USA introducing additional tariffs? This is a response to China's lack of reaction to President Donald Trump's ultimatum regarding the withdrawal of retaliatory tariffs. - What will be the consequences for other countries? In addition to China, the tariffs will also affect 56 other countries, including Poland as part of the European Union. 👉Comment.... 👉and follow for more info #ChinaTariffs #USTrade #TradeWar #GlobalEconomy #InternationalTrade
104 proc. New tariffs on China will take effect at midnight

- When do the new tariffs take effect? The new tariffs will begin to apply at midnight from Tuesday to Wednesday, which corresponds to 6 AM in Poland.
- Why is the USA introducing additional tariffs? This is a response to China's lack of reaction to President Donald Trump's ultimatum regarding the withdrawal of retaliatory tariffs.
- What will be the consequences for other countries? In addition to China, the tariffs will also affect 56 other countries, including Poland as part of the European Union.

👉Comment....
👉and follow for more info

#ChinaTariffs
#USTrade
#TradeWar
#GlobalEconomy
#InternationalTrade
See original
📢 Breaking News | China Issues Stern Warning ‼️ China has warned other countries that if they engage in severe agreements with the United States, it could harm China's interests. China has noticed that some countries are considering trade agreements with the United States and has issued a strong statement that if harm arises, they will take reciprocal actions. 🌍 What impact will these situations have on international relations and trade? Will the current state of the stock markets and cryptocurrency markets continue to decline in relation to these circumstances? #china #USChinaTensions #internationaltrade #BreakingNews #crypto {spot}(BTCUSDT)
📢
Breaking News | China Issues Stern Warning
‼️
China has warned other countries that if they engage in severe agreements with the United States, it could harm China's interests.
China has noticed that some countries are considering trade agreements with the United States and has issued a strong statement that if harm arises, they will take reciprocal actions.
🌍
What impact will these situations have on international relations and trade?
Will the current state of the stock markets and cryptocurrency markets continue to decline in relation to these circumstances?
#china #USChinaTensions #internationaltrade #BreakingNews #crypto
"Russia Embraces Digital Financial Assets to Revolutionize Global Trade and Strengthen Economic Independence." Russia Explores Digital Financial Assets for International Trade Russia is taking a significant step toward modernizing its trade infrastructure by exploring the use of Digital Financial Assets (DFAs) for international trade. In a bid to bypass traditional banking systems and enhance financial independence, DFAs are being positioned as a potential tool for conducting cross-border transactions. This initiative aligns with global trends toward digital transformation in finance, enabling faster, more secure, and transparent transactions. With a focus on blockchain technology, Russia aims to reduce reliance on foreign financial institutions, mitigating the impact of sanctions and fostering global trade partnerships. The adoption of DFAs in international trade could set a precedent for other nations seeking to integrate blockchain into their financial ecosystems. Stay tuned to Binance for updates on how this development could reshape global trade dynamics. #CryptoNewss #blockchain #InternationalTrade
"Russia Embraces Digital Financial Assets to Revolutionize Global Trade and Strengthen Economic Independence."

Russia Explores Digital Financial Assets for International Trade

Russia is taking a significant step toward modernizing its trade infrastructure by exploring the use of Digital Financial Assets (DFAs) for international trade. In a bid to bypass traditional banking systems and enhance financial independence, DFAs are being positioned as a potential tool for conducting cross-border transactions.

This initiative aligns with global trends toward digital transformation in finance, enabling faster, more secure, and transparent transactions. With a focus on blockchain technology, Russia aims to reduce reliance on foreign financial institutions, mitigating the impact of sanctions and fostering global trade partnerships.

The adoption of DFAs in international trade could set a precedent for other nations seeking to integrate blockchain into their financial ecosystems. Stay tuned to Binance for updates on how this development could reshape global trade dynamics.

#CryptoNewss #blockchain #InternationalTrade
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🟢 In Russia, a proposal has been made to legalize cryptocurrency payments for international trade • The ETЕ group of companies, one of the largest freight forwarders, has proposed to the Russian government to officially establish the legal status of cryptocurrency. • The goal is to simplify payments with foreign partners, especially under sanctions. • In a letter addressed to Prime Minister Mishustin, it was suggested: — To legalize payments in digital currencies — To define the procedure for accounting and control — To appoint a responsible platform and agency • The commercial director of ETЕ stated: "The demand for payment in crypto is growing — this will accelerate and simplify business." • Currently, transfers, for example, to China, take weeks, while cryptocurrency can solve this problem right now. If Russia gives the green light to cryptocurrencies — it could change the rules of all Eurasian trade 🌍 📢 Stop chasing the market — start outpacing it 💼 #Russia #crypto #regulation #internationaltrade #digitalassets
🟢 In Russia, a proposal has been made to legalize cryptocurrency payments for international trade

• The ETЕ group of companies, one of the largest freight forwarders, has proposed to the Russian government to officially establish the legal status of cryptocurrency.

• The goal is to simplify payments with foreign partners, especially under sanctions.

• In a letter addressed to Prime Minister Mishustin, it was suggested:
— To legalize payments in digital currencies

— To define the procedure for accounting and control

— To appoint a responsible platform and agency

• The commercial director of ETЕ stated: "The demand for payment in crypto is growing — this will accelerate and simplify business."

• Currently, transfers, for example, to China, take weeks, while cryptocurrency can solve this problem right now.

If Russia gives the green light to cryptocurrencies — it could change the rules of all Eurasian trade 🌍

📢 Stop chasing the market — start outpacing it 💼

#Russia #crypto #regulation #internationaltrade #digitalassets
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