Search results for "TRUMP"

Japanese Experts: The High Tariffs Imposed by the U.S. Will Deal a Serious Blow to the Japanese Economy

Trump announced that starting from August 1, a 25% tariff will be imposed on Japanese imports. Experts point out that this will severely impact Japan's manufacturing industry, especially as orders from small and medium-sized enterprises have begun to dry up. At the same time, Japan's economy sentiment index has also shown a first assessment of "deterioration" since 2020, indicating that the economy may be heading towards recession.
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Fed's Goolsbee: Latest tariff threats may delay rate cut process

The President of the Chicago Fed, Goolsbee, stated that the new tariff measures announced by Trump may disrupt inflation expectations, making it more difficult for him to support interest rate cuts. Previously, the market's concerns about prices eased due to the suspension of tariffs, but the new tariffs may keep the Fed on the sidelines.
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Institution: The US Treasury market has not yet fully priced in the risk event of the change in the Fed chair.

Natixis analyst John Briggs pointed out that the White House's pressure on Fed Chairman Powell has not fully reflected in the U.S. Treasury market, as investors have begun to price in rate cuts, leading to a decline in short-term yields. The rise in long-term yields is related to concerns about the fiscal deficit. Speculation about future chair candidates needs to be further clarified.
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Trump's second son quoted his tweet from February this year urging to buy Bitcoin, adding "no thanks necessary".

BlockBeats news, on July 11, Eric Trump, the second son of Trump, quoted his tweet from February 6 this year calling for buying Bitcoin, and added "no thanks". It is worth noting that on February 6, the price of Bitcoin was around $98,000, then Bitcoin dropped to a low of $74,500, and has recently continued to rise, reaching a new high today at $118,800.
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Trump reiterated that he would not fire the Fed chairman.

According to ChainCatcher news and Jin10 reports, U.S. President Trump reiterated that he will not fire Fed Chairman Powell.
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Clouds of tariffs loom over Europe as credit default swap costs rise.

Jin10 data July 11 news, as the United States announced tariffs on Europe, concerns have reignited. The cost of using credit default swaps (CDS) to hedge against credit default risks in the Eurozone has increased. According to data from S&P Global Market Intelligence, the iTraxx Europe Crossover index, which tracks junk-rated corporate bonds in the Eurozone, has risen by 5 basis points to 283 basis points. Tickmill Group analyst Patrick Munelli noted in a report that Trump has announced that the EU will also receive a tariff letter, which has led investors to believe that trade negotiations between the US and Europe are not progressing smoothly.
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The new weapon of US "hegemony": Revealing the US stablecoin bill and how it reshapes the global financial order and monetary diplomacy?

What truly brought Crypto Assets to the doorstep of Washington is not the Metaverse or the NFT craze, nor the hoodie-wearing libertarian utopians. It is the dollar. It is not the theoretical intrinsic value of the Crypto Assets White Paper, but the hegemonic, carefully designed dollar that supports global power and America's dominance. Therefore, when the U.S. Senate approved a bipartisan bill to regulate stablecoins (Crypto Assets pegged to the dollar), it is not just about financial innovation, but about sovereignty. This legislation heralds the arrival of a new era, where stablecoins will become a new tool for U.S. foreign policy and global financial influence.
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Trump's "new favorite" releases financial report! Cardano Foundation: Asset reserves rise to $659 million, Bitcoin accounts for 15%.

The Cardano Foundation, the organization behind the Cardano public blockchain, recently released its latest financial report, indicating a significant rise in total assets, from $478.24 million at the end of 2023 to $659.1 million in 2024. At the same time, the foundation also announced the official launch of the enterprise-level financial reporting system Reeve based on the Cardano blockchain on July 8, aiming to enhance the transparency and security of financial data.
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Bitcoin (BTC) important signal: The Trump family quietly expands their Crypto Assets holdings, is a significant announcement about to be made?

Bitcoin (BTC) reached a historical high of $117,000, showing that people's confidence in digital assets is strengthening, especially with well-known figures like Trump and his family investing heavily in Crypto Assets.
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Trump: Will make an important statement on the Russia issue on Monday.

Trump expressed disappointment over the Russia-Ukraine conflict in an interview, revealing that the U.S. has reached a weapons transport protocol with NATO and Ukraine, with NATO covering 100% of the costs. He anticipates that the Senate will pass a stringent sanctions bill against Russia, but the decision on whether to implement it will be made by the president.
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Trump: If Canada raises tariffs (on the US), the 35% tariff imposed by the US on Canada will also be raised accordingly.

Jin10 reports that Trump stated that if Canada decides to raise tariffs (against the U.S.) for any reason, the 35% tariff imposed by the U.S. on Canada will also increase accordingly.
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Trump: The EU and Canada will receive letters notifying them of their new tariff rates "today or tomorrow".

Jin10 reported that Trump stated that the EU and Canada will receive letters notifying them of their new tariff rates "today or tomorrow". I believe I will make a major statement on the issue of Russia on Monday.
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Bessent: Trump and Soros have no patience when making high-risk trades.

U.S. Treasury Secretary Basent pointed out at the "Billionaire Summer Camp" that Trump shares common traits with his former boss Soros, both lacking patience. He mentioned that Trump needs to be more patient in policy-making and believes that his ability to identify issues is unique. Basent expects interest rate cuts and stated that tariffs have a limited impact on inflation.
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11% changed to 20%, US media reports that Vietnam has not agreed to the tariff rate announced by Trump.

The trade protocol between Vietnam and the United States has encountered variables, with Trump announcing on social media that tariffs of 20% to 40% will be imposed on Vietnamese goods, while the Vietnamese government has not formally agreed to this tariff level, and actual negotiating representatives expect the rate to be only 11%. This move has shocked the parties involved, and no formal protocol has been signed yet.
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Trump may use presidential powers to send weapons to Ukraine.

U.S. President Trump will use presidential powers for the first time to send weapons to Ukraine, indicating a new focus on Ukraine's security issues, with aid potentially including "Patriot" missiles worth approximately $300 million.
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White House officials pressure Fed Chairman Powell, accusing him of serious mismanagement.

An official from the Trump administration criticized Fed Chairman Powell for mismanagement, called for more information on the renovations of the Washington headquarters, and expressed concerns about the Fed's financial condition, which intensified the scrutiny on Powell.
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Jeans manufacturer Levi's raised its revenue guidance, and the stock price surged 9% in after-hours trading.

Jin10 data reported on July 11, Levi Strauss raised its revenue forecast. The 501 jeans manufacturer expects sales rise to withstand the impact of Trump tariffs. In after-hours trading in New York, the company's stock price rose by as much as 9%. The company now expects its revenue for the current fiscal year to rise by 1% to 2%, higher than analysts' average expectations, and also higher than the previous forecast of a decline of 1% to 2%. This result indicates that the company's efforts to expand new products and categories are yielding results.
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Brazil says it will return the letter from Trump regarding the tax increase and summon the U.S. Chargé d'Affaires.

Jin10 reported on July 11 that on the 9th local time, the Brazilian government stated that it had informed the U.S. Embassy that it would return the letter sent by U.S. President Trump on that day, and decided to summon the U.S. Chargé d'Affaires in Brazil, Escobar, to request an explanation regarding the part of the letter about former President Bolsonaro.
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Official: Some enriched uranium in Iran survived U.S.-Israeli airstrikes

Israeli officials stated that the enriched uranium buried by Iran was preserved during the US-Israeli airstrikes and may continue to be used by nuclear engineers. Israel has long detected signs of accelerated Iranian nuclear weapon development and is preparing military action. However, US intelligence officials have not found evidence of Iran weaponizing.
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For two consecutive days of pressure, Trump urged Fed Chairman Powell to cut interest rates.

Trump once again urged Fed Chairman Powell to cut interest rates on social media, criticizing the current interest rate as too high and stating that each percentage point creates huge refinancing costs. He is considering appointing a "shadow chairman" to pressure for a rate cut before Powell leaves office next year.
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Trump: The Fed should cut interest rates quickly

Odaily News Trump, the President of the United States, reiterated that the Fed should lower interest rates quickly. (Jin10)
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Trump escalates tariff threats, but investors bet that he will always back down.

Trump once again raised the threat of tariffs, but the market reaction has weakened, with investors generally believing that he will ultimately back down from these measures that could affect the US economy. This phenomenon is referred to as "TACO," an abbreviation for "Trump Always Caves."
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After three consecutive rises, oil prices have retreated, and institutions expect a slow and sustained decline.

Jin10 data reported on July 10 that crude oil turned to fall after three consecutive rises. Ritterbusch pointed out in a report: "We still believe that Trump's tariff policy poses a significant adverse factor to the growth of the U.S. economy." The agency believes that oil prices are at the "end phase" of a $5 rise, but expects that the upcoming downward process will not be a rapid big dump lasting one or two weeks, but rather a slow and sustained decline.
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The President of Brazil convenes a ministerial meeting to discuss countermeasures against Trump's 50% tariff.

Brazilian President Lula convened a cabinet meeting to discuss countermeasures against the 50% tariffs imposed by the United States, deciding to establish a working group to respond. Experts point out that this policy could significantly affect food prices in the United States.
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Goldman Sachs: Brazil's implementation of retaliatory tariffs against the United States could lead to greater losses.

Jin10 data July 10 news, Goldman Sachs analyst Alberto Ramos expects Brazilian exporters to urge President Lula to avoid retaliation against the 50% tariff promised by Trump. Trump stated that the tariff will be implemented next month. Ramos estimates that the tariff could reduce Brazil's GDP growth rate by 0.3 to 0.4 percentage points, and retaliatory measures could further worsen the impact on economic activity and inflation. "It is currently unclear whether Brazil will retaliate, how, and when," he said.
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Opinion: Trump has the right to publicly express his views on Powell and Fed policies.

Former U.S. Vice President Michael Pence stated that Trump has the right to publicly express his views on Fed Chairman Powell and the Central Bank's interest rate decisions. He believes the president should be able to comment on the Fed and should not regard it as a completely independent institution.
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Analysts: Tariff fatigue has already emerged.

Jin10 data, July 10th, reports that as President Trump expands the trade war, investors are closely following the trade negotiations. City Index senior analyst Matt Simpson stated, "The impact of tariffs on the market seems to diminish with every new headline. Tariff fatigue has set in, and traders need new catalysts to awaken market Fluctuation."
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The Trump family's encryption project World Liberty has launched a governance vote, aiming to make the WLFI Token tradable.

World Liberty Financial has launched a governance vote, planning to make its WLFI Token tradable on the public market. The vote started on July 9, with preliminary results showing high support. If the vote passes, the WLFI Token will enter the DEX, expand community participation, and drive price discovery and governance decision-making. Although the project is related to the Trump family, the voting content does not involve political factors. The project is also developing a USD stablecoin and plans to conduct compliance audits and integrate blockchain monitoring tools.
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Trump's Truth Social will launch a utility Token and loyalty program, raising regulatory concerns.

The social media platform Truth Social, founded by former President Donald Trump, announced that it will launch a utility Token as the core of its new loyalty program. This program is tied to its "Patriot Package" subscription service. The platform stated: "In the near future, based on user engagement on the platform, 'Patriot Package' subscribers will be able to accumulate 'gems' in their Truth Social account. These 'gems' will ultimately be linked to a utility Token on the Truth Social and Truth+ platform." This marks the official layout of the Token economic model and user incentive mechanism for Truth Social.
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Bitcoin (BTC) price prediction: The market ignores Trump's tariff threats, and BTC spot ETF has seen inflows for five consecutive days.

Bitcoin (BTC) surged to a historic high of $112,040 on July 9. Hopes for a regulatory framework continue to rise, and more importantly, the Federal Reserve (FED) FOMC meeting minutes boosted demand for Bitcoin and the broader Crypto Assets market.
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Trump has a new move! Truth Social previewed the launch of "utility Token" to reward platform users' loyalty.

The social media platform Truth Social, founded by U.S. President Trump, announced on Wednesday (July 10) that it will launch a utility Token as part of its new loyalty rewards program related to the Patriot Package subscription plan.
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TRUMP price prediction: key resistance level at $10.12, Whale holdings movement draws follow

The latest market data from Gate shows that TRUMP is currently priced at $9.194, with a 24-hour increase of 7.15%, maintaining a local support level at $8.30. The key Fibonacci resistance level is at $10.12, with stronger pressure between $13.06 and $14.35. The MACD indicator is showing initial weak golden cross signals, but confirmation from trading volume is needed. Meme coin short-term traders should be cautious: if it falls below $8.30, it will trigger technical sell-offs; conversely, breaking through $8.80 may lead to a short position liquidation wave. The CEX liquidity heat map shows a large accumulation of short position stop loss sell orders in the $8.80-$9.00 range. If long positions can push the price above this area, it may trigger a chain liquidation that drives a short squeeze.
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Institution: Trump's 25% tariff may cause Japan's real GDP to decline by 1.1%

On July 10, Jin10 reported that Daiwa Securities estimates that Trump's proposal to impose a 25% reciprocal tariff on Japanese goods could result in a cumulative reduction of 1.1% in Japan's real GDP. The economists at the institution expect Japan's real GDP growth rate for fiscal year 2025 to be only 0.1%-0.2%, a significant slowdown compared to 0.8% in fiscal year 2024. Although the tariffs may not trigger a significant shock, the ongoing labor shortage could maintain inflationary pressures. Therefore, the Central Bank of Japan may continue to gradually raise interest rates instead of easing policies to respond to the slowdown in economic growth.
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Bitcoin hits a new high, with ETF fund inflows and Trump's tariff policy acting as catalysts.

Bitcoin ( BTC ) price hit a historical high of $112,152 on Wednesday ( ATH ), soaring 3.54% from the day's low. This BTC pump follows a series of global events, including a surge in Bitcoin ETF inflows and announcements surrounding President Donald Trump's latest tariff measures. With these factors at play, the Bitcoin price broke through key resistance level, standing above the $112,000 mark for the first time since May. "Proof of History shows that this is a typical sign of a breakout, and the trends in the crypto market often go against group expectations," Santiment stated. "When retail investors exhibit FUD, it is usually an excellent time for smart money ( Smart Money ) to enter and accumulate positions." This observation suggests that as large investors leverage market sentiment shifts for positioning, the Bitcoin bull run is likely to continue.
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Elon Musk's American Party may support Bitcoin, but still faces third-party pitfalls.

TSL CEO Elon Musk's rift with President Trump is worsening. On July 5, Musk announced the establishment of an independent American party focused on Bitcoin and centrist policies. This move is fueled by Congress passing the controversial "Great Beautiful Act" of the Trump administration. Musk stated that the act runs counter to the government's initial efforts to cut spending. Although Musk hinted that he still supports Bitcoin, the challenges faced by third-party political movements in American history, along with Musk's own political and business challenges, make the future of this new party uncertain.
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Donald Trump Jr.'s investment in a "reserve Bitcoin marketing company" has sparked controversy, adding another entry to the US presidential family's encryption layout.

Donald Trump Jr., the eldest son of the U.S. President, recently revealed that he has invested in the social media marketing company Thumzup Media Corp. This company adopts a strategy of using Bitcoin (BTC) as a financial asset, which has sparked widespread attention in the market and political circles. This investment by Trump Jr. not only connects him more closely with the Crypto Assets field but also adds another layer to the Trump family's layout in the Crypto Assets arena, while also raising controversies regarding Bitcoin's financial strategies.
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The Federal Reserve (FED) meeting minutes reveal inflation concerns: Trump tariffs exert pressure, interest rate cut expectations cool.

Recent minutes from the U.S. Federal Open Market Committee (FOMC) indicate that, amid escalating global trade tensions, The Federal Reserve (FED) has adopted a cautious stance. Participants noted that Trump's tariff measures are raising new inflation concerns, necessitating a tentative rate cut strategy from the FED. Crypto Assets investors need to closely monitor upcoming economic data (especially inflation reports CPI/PCE) and speeches from FED officials to look for any signs of a policy shift, which would be a key trigger for a change in market sentiment. In the long term, the onset of a rate cut cycle is still viewed as a potential catalyst for a bull run in the crypto market.
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What is going on with the U.S. Democratic senators seeking to "sanction" the President of El Salvador?

According to CryptoSlate, a group of U.S. Democratic senators has proposed a new bill to impose sanctions on Salvadoran President Nayib Bukele and his government members. The bill is called the "Salvador Accountability Act" (S.2058) and is introduced by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to impose sanctions on the Salvadoran government for alleged human rights violations and abuses of Bitcoin.
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Gate Daily | Bitcoin hits 112,000, setting a new historical record; Trump issues tariff letters to 8 countries, threatening to impose a 50% tariff; The Federal Reserve's prospects for a rate cut in July weaken.

Today (10), during the Asian early session, Bitcoin (BTC) rose above 111,000 USD, reaching a peak of 112,040 USD, setting a new historical record. The minutes from the Federal Reserve (FED) meeting indicate that participants have differing views on the inflation outlook, with only a few willing to consider a rate cut in July. U.S. President Trump has again sent tariff letters to 8 countries, with Brazil facing a 50% tariff.
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The President of Ukraine met with the U.S. envoy in Rome.

Jin10 reported on July 10 that on July 9 local time, Ukrainian President Zelensky met with the U.S. Special Representative for Ukraine Negotiations, Kurt Volker, in Rome, the capital of Italy. Volker came as a member of the U.S. delegation to participate in the International Conference on Ukraine Reconstruction held in Rome from July 10 to 11. Zelensky stated that the two sides discussed issues such as purchasing U.S. weapons, conducting joint defense production, achieving localized production of weapons in Ukraine, and sanctions against Russia. Previously, U.S. President Trump had promised to provide additional weapons to Ukraine.
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Donald Trump Jr. invests in the social media company Thumzup that holds reserves of Crypto Assets.

Donald Trump Jr. invested in a loss-making social media company Thumzup, purchasing 350,000 shares worth over $4 million, as a new attempt by his family in their Crypto Assets strategy.
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Former President Trump raised Brazil's tariff rate sharply to 50% citing the trial of his predecessor.

Trump announced plans to impose a 50% tariff on Brazil, citing the Brazilian government's treatment of former President Bolsonaro. He criticized Brazil for violating free elections and freedom of speech, stating that the relationship with Brazil needs a fairer competitive environment.
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U.S. Senate Majority Leader: Hopes to pass sanctions bill against Russia before the August recess.

On July 10, Jin10 Data reported that U.S. Senate Majority Leader John Thune stated that he "hopes" the Senate will pass a bipartisan proposal put forward by President Trump's ally, Senator Lindsey Graham, to impose severe sanctions on Russia before the August recess. After Trump criticized Putin's intensified attacks on Ukrainian cities earlier this week, Senate Republicans have become more confident about passing legislation to sanction Russia this month. Thune said, "It’s clear that there is a lot of bipartisan support in the Senate. I believe the House is the same, at least I hope so." "Whether this will happen in the coming weeks is an open question, but I hope it will."
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Donald Trump Jr. invests in a social media company that holds Crypto Assets reserves.

Donald Trump Jr. has invested in the loss-making social media company Thumzup, purchasing 350,000 shares worth over $4 million, marking the latest move by his family in their Crypto Assets strategy.
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Trump: There is a chance to reach a ceasefire protocol in Gaza this week or next week.

BlockBeats news, on July 10, U.S. President Trump stated, "We have a chance to reach a ceasefire protocol in Gaza this week or next week." (Jin10)
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Trump: The tariff formula is based on common sense and will issue more tariff notification letters.

According to ChainCatcher news, U.S. President Trump stated that the tariff formula is based on common sense, "I will release more tariff notices today."
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Trump: More tariff measures will be announced.

Golden Finance reported that Trump: (local time) will announce more tariff measures on Wednesday. The tariff rate figures for Brazil will be disclosed. We have no major complaints about the tariffs.
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Institutions: Gold futures are moving sideways with a tug-of-war between bullish and bearish factors, leading to a stalemate.

On July 10, Jin10 reported that gold futures prices remained flat, influenced by the United States delaying tariff increases and the strength of the dollar, while geopolitical tensions still provide support for gold prices. Although gold prices have fallen nearly 1% this week, the Central Bank's continuous purchases of gold have stabilized the bottom of gold prices.
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Eric Trump, the second son of Trump: Trump does not own a Bitcoin mining company.

Odaily News Eric Trump, the son of former President Trump, stated on the X platform that President Trump does not own a Bitcoin mining company.
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Trump issued trade letters to multiple countries.

Jin10 Data July 9th news, Trump issued trade letters to multiple countries on the 9th. The letters show a 20% tariff on goods from the Philippines, a 25% tariff on goods from Brunei, a 30% tariff on goods from Algeria, a 25% tariff on goods from Moldova, a 30% tariff on goods from Iraq, and a 30% tariff on goods from Libya.
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