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#TrumpTariffs Here are the latest updates on Trump tariffs:
Country-Specific Tariffs - *Canada and Mexico*: 25% tariff on certain goods, with some exceptions for goods entered duty-free under USMCA - *China*: 34% tariff on all products, including Hong Kong- and Macau-origin goods, with some exceptions - *EU*: 20% tariff on all products, with some exceptions; additional duties ranging from 4.4% to 50% on €8 billion worth of goods - *India*: 27% tariff on all products - *Pakistan*: 30% tariff on all products
Product-Specific Tariffs - *Aluminum*: 25% tariff on UK-origin products, 50% on all other foreign-origin products - *Automobiles*: 25% tariff on all automobiles and automobile parts - *Agricultural products*: Tariffs threatened to start on April 2, with rates TBD
Updates and Changes - The Court of Appeals for the Federal Circuit issued a stay on the CIT's rulings enjoining the "fentanyl" and reciprocal tariffs pending appeal. - Some countries have been granted delays or exemptions from reciprocal tariffs, including Belarus, Cuba, and North Korea. - The U.S. has also threatened tariffs on countries importing Venezuelan oil, including Singapore and Vietnam .
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$TRUMP! 🚀 Major Update Incoming Get ready—there’s something big brewing for $TRUMP! 😄 Momentum is building, and it could mark a serious turning point. Stay locked in… the next wave of updates is just around the corner. 🔜 #write2earnonbinancesquare
$USDC USDC (USD Coin) is a popular stablecoin that's currently valued at $1.00, with a market capitalization of $61.46 billion. Here are some recent updates¹ ²: - *Market Performance*: USDC has seen a stable market performance, with a 24-hour spot volume of $11.34 billion and a market capitalization ranking of #2 among stablecoins. - *Circle's NYSE Debut*: Circle, the issuer of USDC, recently debuted on the New York Stock Exchange (NYSE) with a ticker symbol CRCL, raising approximately $1.05 billion and valuing the company near $8 billion. - *Circle Payments Network (CPN)*: Circle launched the CPN mainnet, a protocol enabling real-time cross-border settlements using USDC, which aims to facilitate efficient global digital dollar payments. - *USDC Reserve Audits*: Deloitte & Touche LLP has been auditing Circle's financials, including USDC reserves, since 2022, ensuring transparency and trust in the stablecoin. - *Cross-Chain Transfer Protocol (CCTP)*: USDC's CCTP allows for secure, seamless transfers across blockchains, supporting networks like Ethereum, Avalanche, and Solana. - *Recent Incidents*: Circle froze nearly $58 million in USDC following a US federal court order related to a fraud investigation involving the LIBRA memecoin. - *Partnerships and Adoption*: USDC has seen growing adoption in various sectors, including decentralized finance (DeFi) and content creator payments, with potential integration with Meta's platforms. Overall, USDC continues to be a prominent player in the stablecoin market, with ongoing developments and partnerships aimed at improving its usability and security.
USChinaTradeTalks US-China trade talks are ongoing, with US officials meeting with their Chinese counterparts in London to ease tensions over technology and rare earth elements shipments. The talks come amid a backdrop of a renewed US-China trade war, sparked by President Donald Trump's pledge to impose 60% tariffs on China. *Key Developments:* - *Tariff Reductions*: The US and China have agreed to reduce tariffs by 115% while retaining a 10% tariff on each other's goods. - *Trade Deal*: The two countries have reached a deal to lower tariffs and eliminate retaliation, with China agreeing to remove retaliatory tariffs announced since April 4, 2025. - *Rare Earth Exports*: China has continued restrictions on rare earth exports, stirring uncertainty in the market. - *Next Steps*: The US and China will establish a mechanism to continue discussions on trade and economics, working towards addressing trade imbalances.¹ ² *Market Impact:* - *AUD/USD*: The Australian dollar has seen a slight increase, trading around 0.6517, amid hopes of de-escalation in US-China trade tensions. - *Gold Price*: Gold prices have eased to $3,300 due to optimism over the resumption of US-China trade talks. - *USD/JPY*: The US dollar has gained against the Japanese yen, rising to 145.00, amid renewed demand and BoJ Governor Ueda's comments.
Good morning, fam! 🌞 Here’s your weekly dose of top crypto news 🗞️🔥👇 🔔 Binance has officially surpassed 250 million users! 🔔 Do Kwon pleaded not guilty to U.S. fraud charges tied to the $40B Terra collapse 🔔 Solana ($SOL) crossed a $100 billion market cap milestone 🔔 IRS delays crypto tax reporting requirements until 2026 🔔 FTX has started repaying $16 billion to its creditors 🔔 Morgan Stanley's E-Trade reportedly exploring crypto trading options 🔔 MicroStrategy bought 2,138 BTC at an average price of $97,837 🔔 Robinhood gifted $2.5 million in Bitcoin to Gold members for the New Year 🔔 X (formerly Twitter) will launch its payment system, X Money, in 2025, says CEO Linda Yaccarino 🔔 Franklin Templeton ($1.5T AUM) expects nations to add Bitcoin reserves in 2025 🔔 BlackRock’s Spot Bitcoin ETF is now the fastest-growing ETF in history 🔔 A Hong Kong lawmaker has proposed adding Bitcoin to national reserves $BTC $SOL #CryptoToday #BinanceNews #SaylorBTCPurchase #Bitcoin #Web3 $SOL $BTC