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#TrumpTariffs President Trump's tariff policy involves imposing significant tariffs on imported goods to strengthen the US economic position and protect American workers. Here's a breakdown ¹ ²: - *Tariff Rates*: Trump has announced tariffs ranging from 10% to 70% on goods from various countries, with specific rates including 20%, 25%, and 30%. - *Affected Countries*: Twelve countries are targeted, with letters outlining tariff rates to be dispatched. Trump plans to send 10 letters a day dictating tariff rates to other countries. - *Implementation*: Tariffs are set to kick in from August 1, with some countries potentially facing higher rates than others. Key Developments April 2025 Trump imposed a 10% tariff on all countries with individualized reciprocal tariffs on specific nations. A 90-day pause on imposed tariffs was later authorized with substantially lowered reciprocal tariffs during this period. May 2025 A US federal court blocked the Liberation Day tariffs only to have them temporarily reinstated the following day. July 2025 Trump signed tariff letters targeting 12 countries with rates up to 70%. He plans to send letters to trading partners outlining unilateral tariff rates which would take effect on August 1 Potential Impact Trade Wars Trump's tariffs could escalate trade tensions with countries like China Canada and Mexico. Economic Consequences Studies suggest Trump's tariffs could reduce real income in the Us adversely affect GDP and increase consumer prices
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$BTC Bitcoin's current sentiment is neutral, with a sentiment score of 70. The market is experiencing a mix of bullish and bearish signals. Here's a breakdown ¹: - *Current Price*: $105,110, with a 2.48% increase - *Resistance Levels*: $105,000, $107,000, and $108,350 are key resistance points to watch - *Support Levels*: $103,200, $102,000, and $102,250 are crucial support levels to maintain the uptrend *Market Analysis:* - *Bullish Outlook*: Breaking above $108,000 could lead to further upside toward $124,000 - *Bearish Signal*: A drop below $92,000 would raise concerns about potential bearish action - *Volatility*: Decreasing volatility indicates Bitcoin is building momentum for a major move *Technical Indicators:* - *RSI*: 62.09, indicating a slightly overbought condition - *MACD*: Below the signal line, suggesting bearish momentum in the short term - *DMI*: Strong trend with an ADX of 41.89, indicating bullish momentum *Price Projections:* - *Upside*: Breaking above $105,500 could lead to targets at $107,000 and $108,800 - *Downside*: Falling below $102,250 could result in a retest of $95,195 before a rebound ² ³
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#HODLTradingStrategy Latest #HODLTradingStrategy News, Opinions and Feed Today | Binance Square 10 hours ago — #HODLTradingStrategy is ideal for those who trust in the long-term growth of cryptocurrencies like Bitcoin and Ethereum. It removes emotional ...
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#MuskAmericaParty Latest #MuskAmericaParty News Opinions and Feed Today | Binance Square 14 hours ago Billionaire Elon Musk announces the establishment of the America Party on his x page What's the story Musk reposted a previous poll he had
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$INIT Check out my latest trade. Let's see if you can top it!
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