China has sent a $55 million Boeing 737 MAX jet back to the US, refusing delivery due to soaring tariffs imposed amid escalating trade tensions between the two nations. The jet, originally destined for Xiamen Airlines, would have cost over $110 million after China's 125% tariff on American aircraft imports kicked in.
Chinese government warned other countries from allying with the United States to restrict trade with China.
*The Trade War's Impact:* - *Tariffs:* The US imposed up to 145% tariffs on Chinese imports, prompting China to retaliate with 125% duties on US aircraft and parts. - *Aviation Industry:* This move has significant implications for Boeing, which relies heavily on the Chinese market. With around 10 Boeing 737 Max jets awaiting delivery to Chinese airlines, the future of these planes hangs in the balance.¹ ²
*Consequences:* - *Boeing's China Operations:* The trade tensions could severely damage Boeing's global recovery, potentially opening doors for European rival Airbus to gain market share. - *Aviation Sector:* The industry faces new turbulence as trade tensions escalate, affecting not only Boeing but also suppliers and airlines. - *Global Industries:* The US-China trade war is having far-reaching impacts, with industries worldwide feeling the strain. Buckle up – this flight path just got a lot rockier.
this is not about that what MR. PRESIDENT is thinking... the FED chair has to see the facts and economic conditions 1st he although have some details.. this I what I guess Soo.....
learner - seeker
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Trump: “Powell raised rates again. You’re FIRED!”
Powell: “Sir, you can’t fire me.”
Trump: “Watch me. I fired the guy on ‘The Apprentice’ for less.” #TrumpVsPowell
New heights for $TRX are possible with this ETF approval.
Canary Capital, an investment company, has asked the US government (SEC) to let them create a new investment product called the Canary Staked TRX ETF.
This product allows people to invest in Tron (TRX) and earn rewards just by holding it.
Think of it like a special kind of savings account that earns interest, but instead of money, it's for TRX. This will make it easier for more people to invest in TRX.
Canary Capital has already asked the government to approve other similar products for different cryptocurrencies.
If approved, the Canary Staked TRX ETF will provide a new investment opportunity for TRX, potentially increasing its value.
The @trondao network, which is behind TRX, is also doing well. It has a lot of users and a big amount of money locked into its system. This means good things for TRX and the people who invest in it $TRX
If you are doing futures then Must keep in mind you need to have MINIMUM $1000 for LOSING . Don't even think of trading with these small amounts or you gonna liquidated