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Trump, Bitcoin and tariffs

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Many investors treat Bitcoin just like any other tech stock, a risky investment that it makes sense to sell in difficult times.
From The New York Times
Trump, who spent the weekend in Florida playing golf, posted online that “WE WILL WIN. HANG TOUGH, it won’t be easy.”
From The Boston Globe
Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing.
From Houston Chronicle

Read more on News Digest

Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
Trump’s tariffs just made Larry Fink’s Bitcoin warning real
Trump’s new tariffs add pressure to an already fragile economy, strengthening the case for Bitcoin as a complementary asset in an evolving global economy.
Bitcoin plunges 12% after Trump’s tariff announcement mirroring stock market downturn
Bitcoin and the rest of the crypto market plunged to new lows over the weekend as the fallout from President Trump’s Bitcoin has fallen 12% since Trump announced a deluge of tariffs on Wednesday, targeting imports from a list of countries including important U.
Trump advisers say 50-plus countries have reached out for tariff talks with White House
The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.
World Financial Turmoil Continues Over Trump Tariffs
World markets may not get any respite after President Donald Trump ’s widely criticized tariff policies prompted a $6.6 trillion stock market rout at the end of last week. Stock futures, oil prices, and bitcoin all fell on Sunday night,
The Latest: Markets sink as Trump’s tariffs roil global trading system
By The Associated Press Asian markets plunged on Monday following last week’s two-day meltdown on Wall Street, and President Donald Trump said he won’t back down on the sweeping new
The Latest: Trump says he’s not backing down on tariffs
Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He's singled out China as “the biggest abuser of them all” and criticized Beijing for increasing its own tariffs in retaliation.
Trump says he's not backing down on tariffs, calls them 'medicine' as markets reel
President Donald Trump said Sunday that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S.
Trump’s tariff hikes reverberate across world markets
The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better deals.
Al Jazeera on MSN2h
Under Trump, US Justice Department ends cryptocurrency investigations
The United States Department of Justice has announced it plans to pare back its investigations into cryptocurrency fraud, instead redirecting those resources towards immigration enforcement, terrorism and drug trafficking.
Justice Department scraps crypto unit as Trump further loosens oversight of digital assets
The U.S. Department of Justice notified staff on Monday evening that the agency was disbanding a unit dedicated to crypto-related investigations. In a four-page memo reviewed by Fortune, U.S. Deputy Attorney General Todd Blanche announced the decision,
+23 relevant news
What Trump’s Crypto Strategic Reserve Could Mean for Your Investments
President Donald Trump's recent executive order establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile has sparked significant interest and debate. This initiative aims to position
CCN on MSN7d
Donald Trump Q1: Crypto's New Direction in the US
The U.S. government currently commands 198,012 BTC worth $16.52 billion. U.S. dollar CBDCs have been banned in favor of dollar-pegged stablecoins. Over a dozen U.S.
Crypto Briefing12d
US government relocates $8M in Bitcoin after Trump establishes strategic reserve
US relocates Bitcoin to Strategic Bitcoin Reserve after Trump's order, managing $17B in BTC, aiming for budget-neutral expansion.
The Independent on MSN1d
How ‘crypto president’ Trump caused biggest crash in history
How ‘crypto president’ Trump caused biggest crash in history - ANALYSIS: More than $1.3 trillion has been wiped from the market since January, writes Anthony Cuthbertson, as pro-Trump investors lament
Now the Trumps are getting into bitcoin mining
Eric Trump and Donald Trump Jr. are launching a new bitcoin mining venture called American Bitcoin in conjunction with Florida-based company Hut 8.
RBC Ukraine on MSN7d
Trump signs executive order against ticket scalping at concerts and shows
US President Donald Trump signed an executive order aimed at combating "exploitive ticket scalping" in the concert and entertainment industry, reports Fox News. The order directs the Federal Trade Commission (FTC) to work with the attorney general to ensure compliance with antitrust laws in the entertainment sector.
The Trump Family Advances Its All-Out Crypto Blitz, This Time With Bitcoin Mining
A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8.
Donald Trump signs record breaking 107 executive orders, almost thrice more than Biden
President Trump signed his 107th executive order, surpassing previous records with a focus on reducing federal budget and regulations, rolling back Biden-era policies, and intensifying immigration enforcement.
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