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#TrumpTariffs Here are the latest updates on Trump's tariffs: Recent Developments - *EU Tariffs*: President Trump announced plans to impose a 50% tariff on all imports from the European Union starting June 1, 2025, citing frustration over stalled trade negotiations and unfair trade barriers. - *Apple Tariff*: Trump also threatened a 25% tariff on Apple products unless the company shifts iPhone manufacturing to the US. - *China Tariff Truce*: The US and China agreed to a 90-day suspension and reduction of tariffs starting May 12, 2025. US tariffs on Chinese goods were lowered from 145% to 30%, while China reduced its tariffs on American products from 125% to 10%. - *UK Trade Deal*: Trump announced a "landmark" trade deal with the UK, which will see the US lower tariffs on British steel, aluminum, and automobiles. Tariffs on UK-made cars will drop from 25% to 10%, with up to 100,000 vehicles per year allowed at the reduced rate. Tariff Status by Country - *Canada*: 25% tariff on most Canadian goods, with energy products facing a lower 10% rate. Canada has responded with 25% tariffs on about $30 billion worth of US goods. - *Mexico*: 25% tariff on most Mexican goods, with USMCA exemptions. Mexico has responded with its own tariffs, including a 15% duty on US goods. - *China*: 30% tariff on US goods for 90 days, starting May 12, 2025, as part of the truce. - *European Union*: 25% tariffs on EU steel, aluminum, and cars, with a 10% tariff on almost all other EU goods. Potential Impact - *Inflation*: Higher tariffs could exacerbate inflation as manufacturers pass increased costs onto consumers. - *Automotive Industry*: Auto tariffs could add $3,000 to $6,000 to the cost of vehicles, potentially reducing production output by 30%. - *Employment*: Some sectors, like steel manufacturing, have seen job growth, while others face layoffs and reduced production capacity due to increased operational expenses ¹.

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Elon Musk's Crypto Bombshell: Is Your Portfolio Ready?

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Elon Musk Crypto News":- "Elon Musk Ka Crypto Dhamaka: Kya Aapka Portfolio Taiyaar Hai?" Elon Musk ne crypto duniya mein ek bada dhamaka kiya hai, jisme unhone kaha hai ki crypto internet aur financial azadi ko badal sakta hai. Unhone ye bhi kaha hai ki X (pehle Twitter) par direct crypto payments shuru ho sakte hain, jisme Dogecoin (DOGE) aur Bitcoin (BTC) shaamil hain. Isse tipping, shopping, aur global transactions aasan ho jayenge. Elon ka prabhav bahut bada hai, unke tweets ne puri market ko hila diya hai. DOGE ki keemat mein phir se ujaala aa sakta hai agar X mein integrate hota hai. Kya aapka portfolio Musk Effect ke liye taiyaar hai? 💰 #CryptoNews #ElonMusk #Bitcoin #DOGE #DigitalAssets

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The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the weakest against the US Dollar. #USDT #EUR #MarketPullback #price

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Latest News

Stablecoins Could Become Key Funding Source for U.S. Government

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Stablecoins Seen as Reinforcing U.S. Dollar Dominance, Says Treasury Secretary

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SEC Chair Considers New Framework for Digital Asset Custody

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UK Faces Criticism Over Delayed Digital Asset Regulations

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Key U.S. Economic Events Scheduled for Next Week

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