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Tariff Watch: Trump Defends Current Scheme and Vows Further Hikes


President Donald Trump remarked on the effects of the newly established reciprocal tariff scheme, including lower prices across the board and reduced inflation. He also stated that the U.S. would respond with stiffer tariffs if China continued to retaliate. Trade War Escalates as Trump Celebrates...

China’s tariff response may mean more capital flight to crypto: Hayes


China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes.“If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said...

China’s tariff response may mean more capital flight to crypto: Hayes


China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes.“If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said...

Schiff Urges China to Crash Dollar, Buy Gold Amid Trade War


Peter Schiff has suggested that China resolve its trade deficit with the U.S. by dumping its U.S. Treasuries and dollars, then using the proceeds to buy gold to back a revalued yuan. Schiff: Dumping U.S. Debt Would Benefit Chinese Consumers Economist Peter Schiff has urged China to resolve...

Cango sells legacy China business, goes all-in on Bitcoin mining: Report


Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business...

Gold Rush 2.0: China Unearths Colossal 1,000-Ton Treasure Trove


Geologists have announced the discovery of a massive 1,000-ton gold deposit in northeastern China. Deposit Discovery Occurs Amid Gold Rally Chinese geologists recently claimed to have discovered a 1,000-ton deposit of gold in the country’s northeast. This latest discovery comes a few months after...

Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns


A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics...

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