U.S. President Trump Actively Seeks Next Federal Reserve Cha | Syedsheraz07 on Binance Square

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U.S. President Trump Actively Seeks Next Federal Reserve ChairAccording to BlockBeats, U.S. President Donald Trump, along with Treasury Secretary Besent, is currently exploring options for a nominee to assume the role of the next Federal Reserve Chair, as mentioned by White House National Economic Council Director Hassett.

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According to Foresight News, Coinglass data shows that the cryptocurrency market saw total liquidations of approximately $135 million in the past 24 hours. Of this, long positions made up $28.87 million, while short positions accounted for a larger share at $106 million. Ethereum led with $41.08 million in liquidations, followed by Bitcoin at $29.8 million. $BTC $ETH

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Ethereum(ETH) Surpasses 3,500 USDT with a 3.07% Increase in 24 Hours On Aug 03, 2025, 19:22 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,500 USDT benchmark and is now trading at 3,508.300049 USDT, with a narrowed 3.07% increase in 24 hours. #ETH

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*Countries Still Negotiating (At Risk of Tariffs)* China 🇨🇳 No final trade deal yet. A temporary truce extends tariff suspension only until August 12. After that, country-specific tariffs could resume — possibly up to 30% or higher. Mexico 🇲🇽 A 90‑day extension granted, delaying some price hikes, but no long-term trade deal finalized yet. Elevated tariffs still apply (up to 30%). India 🇮🇳 Negotiations are underway, but no signed agreement yet. Tariffs of ~25% are expected if no deal by August 1. Taiwan, Malaysia, Thailand, Cambodia (initially) Some have completed deals; others still finalizing framework details — most are not fully safe if details remain incomplete by the deadline. Brazil 🇧🇷, South Africa, Switzerland, Thailand, and others Many remain under threat of higher tariffs (up to 50%) with no deal finalized yet. Negotiations remain active.

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*Countries with U.S. Trade Deals (Safe for now)* European Union 🇪🇺 A U.S.–EU framework deal was signed around July 27, setting a 15% tariff (instead of the threatened 30%). This deal protects EU exports from full tariff escalation. Japan 🇯🇵 A trade deal signed recently, lowering tariffs on autos and industrial exports to 15%, backed by large-scale investment and access commitments. United Kingdom 🇬🇧 An Economic Prosperity Deal in principle is in place with the U.S., protecting UK-origin goods from new punitive tariffs. South Korea 🇰🇷 A deal protects it from escalating tariffs, with negotiated bilateral terms in place.

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BREAKING: Trump has instituted new tariffs. 35% on Canada 20% on Taiwan 15% on New Zealand 39% on Switzerland 19% on Cambodia 15% on Turkey 15% on South Korea, Venezuela, Israel 20% on Sri Lanka 40% on Laos, Myanmar 20% on Vietnam 19% on Indonesia Small deficit nations have a 15% tariff. If the US has a surplus with a country, the tariff rate is 10%.

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