President Donald Trump said on Wednesday that he and President Xi Jinping have finalized a trade deal under which the United States would impose a 55% tariff on Chinese imports. At the same time, China would levy a 10% tariff on U.S. exports.
Trump Media has allocated $2.3 billion from a recent public stock sale to acquire Bitcoin, aligning with its plans to introduce a Bitcoin-linked ETF for retail investors.
Explore the implications of the newly announced Bitcoin Strategic Reserve by the Trump administration, including its potential benefits and risks.
I analyze Trump's remarks on crypto, including his advice to "Never Sell Your Bitcoin". Learn more in this news article.