Earleen Vizcaino

#CreatorPad
Binance Creator Pad is a new platform designed to empower content creators.
It provides them with a suite of tools that harness the power of blockchain technology to produce, promote, and monetize their work.
With Creator Pad, you get access to features like NFT minting, creating your own fan tokens, and decentralized publishing. This allows you to build a direct connection with your community and offer unique digital experiences.
One of the biggest advantages is the massive visibility. Thanks to its integration with the Binance ecosystem, your content reaches millions of users worldwide. The platform also fosters collaboration with other creators and Web3 developers, opening doors to new and unexpected projects.
If you're a creator looking for ways to take your career to the next level in the digital world, Binance Creator Pad is an ideal choice.

Even though the deferment of reciprocal tariffs ended on August 1st and framework trade agreements were concluded between the USA and some of its trade partners by that time—which could have led to the assumption that a period of great uncertainty would pass—many other tariff agreements remain unresolved.
The validity of the agreed-upon and set tariff rates was established for August 7th, and the threat of additional tariffs, especially sectoral ones, continues to loom. There is also no guarantee that the president will not change the rates again if he so decides.
In trade wars, there are no winners, and in international trade, barriers should be removed, not erected. The current tariff levels have taken us back almost 100 years, and uncertainty persists, along with increased tariffs, especially on rare metals and earths, pharmaceutical products, and semiconductors.
Of course, the financial markets are now reacting to all of this. The decline is usually temporary, volatility is heightened, and further negative developments are still a threat. We waited for August 1st with hope, but this date only brought us partial certainty of increased tariffs. The remaining unresolved issues still make us uncertain as we await a final resolution.
...
Based on available information as of August 2, 2025, the situation regarding U.S. customs policy and its trade partners can be summarized as follows:
1. Overall Tariff Situation and Uncertainty
* Blanket Tariffs and "Reciprocal" Tariffs: In April 2025, the U.S. implemented a blanket 10% tariff on nearly all imports. Subsequently, new "reciprocal" tariffs are set to take effect on August 7, 2025. These are aimed at specific countries to balance the trade deficit, and their rates vary among partners.
* Agreements and Their Impacts: Partial trade agreements have been reached with some partners, such as the European Union, South Korea, and Japan. While these are expected to bring some stability, it comes at the cost of new tariff rates. For example, the agreement with the EU imposes a 15% tariff on certain goods, with exemptions for others.
* Economic Impact: As of August 1, 2025, the average U.S. tariff rate reached 18.3%, the highest since 1934. Analyses indicate that these tariffs are negatively affecting U.S. GDP growth and leading to higher prices for consumers.
2. Situation in Key Sectors (Rare Metals, Semiconductors, Pharmaceuticals)
* Rare Earths and Magnets: This area is at the center of trade disputes. In April 2025, China restricted the export of rare earths and magnets in retaliation for U.S. tariffs. However, following subsequent negotiations in Geneva and other agreements between the U.S. and China, these export restrictions were temporarily eased. Despite this agreement, a strategic priority for the U.S. remains to diversify its supply chains and reduce its dependence on China, a goal supported by domestic measures.
* Semiconductors: Originally, semiconductors, like rare metals and pharmaceuticals, were excluded from the blanket 10% tariffs introduced in April 2025 because the U.S. is not self-sufficient in these sectors. However, the situation is dynamic, and future changes cannot be ruled out.
* Pharmaceuticals: Similar to semiconductors, pharmaceutical products were also exempted from the blanket tariffs in April. In this case, too, there is a risk that the tariff regime could change in the future depending on political and economic negotiations.
3. Other Threats and Future Outlook
* Section 232: President Trump signed an executive order instructing the Department of Commerce to investigate national security risks from the import of critical minerals and their derivatives. This could lead to additional tariffs in October 2025 if the investigation's findings point to a national security threat.
* Tariffs on Specific Commodities: Tariffs on steel and aluminum were previously imposed and subsequently increased (to 50%), as were tariffs on cars and some auto parts (to 25%). Additionally, as of August 1, 2025, a 50% tariff applies to certain copper products.
* De Minimis Exemption: Starting August 29, 2025, the U.S. plans to suspend the "de minimis" exemption. This means that all low-value imports (under $800) will be subject to tariffs, which could have a significant impact on small businesses and consumers.
Conclusion:
The customs situation as of August 2, 2025, is characterized by a high degree of uncertainty and dynamic changes. Blanket tariffs and newly introduced "reciprocal" tariffs are disrupting traditional trade relationships. While there are partial agreements that provide some stability, the risk of further tariffs, especially in key sectors like semiconductors, pharmaceuticals, and rare metals, persists. The U.S. government is actively pursuing a policy of reducing dependence on foreign supply chains, which is evident in the investigation into critical mineral imports and the support for domestic mining and processing.
#TrumpTariffs

#CreatorPad
Binance Creator Pad is a new platform designed to empower content creators.
It provides them with a suite of tools that harness the power of blockchain technology to produce, promote, and monetize their work.
With Creator Pad, you get access to features like NFT minting, creating your own fan tokens, and decentralized publishing. This allows you to build a direct connection with your community and offer unique digital experiences.
One of the biggest advantages is the massive visibility. Thanks to its integration with the Binance ecosystem, your content reaches millions of users worldwide. The platform also fosters collaboration with other creators and Web3 developers, opening doors to new and unexpected projects.
If you're a creator looking for ways to take your career to the next level in the digital world, Binance Creator Pad is an ideal choice.
#creatorpad

#ProjectCrypto
A significant shift in the approach to cryptocurrency regulation is underway in the United States, thanks to Project "Crypto," an initiative recently introduced by the Chairman of the Securities and Exchange Commission (SEC), Paul Atkins.
The goal of this project is to modernize outdated regulations and strengthen the USA's leading position in the global digital asset market.
Project "Crypto" focuses on several key areas:
* Reviewing and simplifying existing rules that hinder innovation and are not suitable for dynamic on-chain markets.
* Creating a clear classification for digital assets to reduce legal uncertainty and provide a stable environment for projects.
* Guaranteeing the right to "self-custody," or holding one's own cryptocurrencies without an intermediary.
* Supporting innovation by offering temporary exemptions for early-stage projects.
This pro-crypto stance, which moves away from a "regulation through enforcement" approach, could usher in a new era for blockchain and digital finance in America, fulfilling President Trump's vision of making the USA the "crypto capital of the world."

Hope the downturn is only short-term!
In addition to today's tariff implementation, profit-taking since Monday (at the end of the month and before August 1st when Trump's tariffs took effect), and Wednesday's decision not to cut interest rates, today's data on the US non-farm payrolls were also released, and these data are not positive either:
The NFP (Non-Farm Payrolls) report consists of several key statistics that investors and analysts monitor to get a comprehensive picture of the health of the labor market.
These include:
* Number of new jobs created (NFP): This is the main figure we discussed. The latest data showed 73,000 new jobs, which is below expectations.
* Unemployment rate: This slightly increased in July to 4.2%, which was in line with market expectations.
* Average hourly earnings: This figure is crucial because it indicates inflationary pressures. In July, average hourly earnings rose by 0.3% month-over-month (by 12 cents to $36.44), and by 3.9% year-over-year.
How do these figures align with today's market downturn?
is consistent with the overall tone of this report, especially the weaker-than-expected NFP figure. While the slight increase in unemployment and wage growth were largely anticipated, the number of jobs created was the main surprise.
This combination of data can be unsettling for investors for several reasons, which explain today's market movements:
* Economic slowdown: The significantly lower number of new jobs is a clear signal that the U.S. economy is slowing down. A cooling labor market can lead to lower consumer demand and reduced corporate profits, which is a negative signal for stock markets.
* Unclear Fed policy: Although weaker data typically leads to expectations of the Fed cutting interest rates (which is positive for stocks), the situation is more complex now. Average hourly wages are still rising, which could be inflationary. This puts the Fed in a difficult position, as it must balance supporting the economy with fighting inflation. This uncertainty about the future direction of monetary policy can make investors nervous.
* Broader geopolitical factors: Today's markets are also influenced by other factors, such as new tariffs implemented by the U.S. president. Although NFP data is crucial, investors consider other news that can drive markets down.
Conclusion:
Today's market declines are consistent with the NFP report, which suggests a more significant slowdown in the U.S. labor market than expected. This report raises concerns about the overall state of the economy, despite some stable indicators. Investors are likely reacting more to the signal of a weakening economy than to the hope that this might lead to an early interest rate cut.