Search results for "TRUMP"
15:45

Trump: The Russia-Ukraine conflict should not have happened.

Trump criticized the Russia-Ukraine war on social media, stating that the number of Russian soldier deaths has reached 112,500, while Ukraine's losses are about 8,000. He called for an end to this unnecessary war and blamed the Biden administration for it.
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07:25

The rand has fallen to a two-month low as South Africa faces a 30% tariff.

Jin10 data, August 1 - The South African Rand fell early on Friday as U.S. President Trump announced that the tariff rate on South Africa would remain at 30%. Investors weighed the possibility of higher tariffs on U.S. export goods. The executive order signed by Trump states that the tariff rate will take effect within seven days. As a result, the South African Rand reached a high of 18.23 against the U.S. dollar, marking the lowest level since May 14.
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00:56

Gate Daily: Bitcoin falls below $115,000; Trump announces latest global minimum tariffs; SEC announces "encryption plan" rewriting token rules.

The price of Bitcoin (BTC) has further retraced, currently reported at around 114,950 USD during the Asian session today (1). Before the deadline, U.S. President Trump announced to maintain a 10% global minimum tariff, determining that the tariff rates for several trade partners range from 10% to 41%. The U.S. Securities and Exchange Commission (SEC) launched the "encryption plan" to rewrite digital asset regulations. Strategy announced a plan to issue 4.2 billion USD in STRC stocks, which will be used for Bitcoin acquisition and more.
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23:52

Trump set the benchmark tax rate at 10% before the deadline.

The White House announced that Trump will maintain the global minimum tariff rate at 10%, rejecting the proposal to raise it to 15%. At the same time, he signed an order to increase the tariff rate on Canada to 35%, and this change does not affect the goods under the USMCA agreement.
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23:18

White House: Will impose a 39% tariff on Swiss goods

PANews August 1 news, according to Jin10 reports, the White House stated: a 39% tariff will be imposed on Swiss goods. The tariff rate for Pakistan is 19%. A 19% tariff will be imposed on Malaysian goods; a 20% tariff will be imposed on Vietnam. A 20% tariff will be imposed on Bangladesh. A 15% tariff will be imposed on Israel. In addition, U.S. President Trump signed an executive order raising tariffs on Canada from 25% to 35%, with the higher tariffs set to take effect on August 1, 2025.
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21:13

Trump: Canada's position on Palestine will not affect the tariff agreement.

Jin10 reported on August 1 that on July 31 local time, U.S. President Trump stated that Canada’s stance on Palestine would not affect the achievement of a tariff agreement, and Canada must "pay a fair tax rate." On July 30 local time, Canadian Prime Minister Carney stated that if the West Bank governing body meets certain conditions, Canada will announce recognition of the State of Palestine at the United Nations General Assembly scheduled for September this year.
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19:22

Costing $200 million, Trump and his donors will foot the bill to renovate the White House.

Jin10 data reported on August 1st, according to Politico, the White House will undertake a $200 million large-scale renovation project of its East Wing, which is the latest construction project by Trump for this executive mansion. White House Press Secretary Levitt announced on Thursday that a White House state dining room, approximately 90,000 square feet and capable of accommodating 650 people, will begin construction in September. According to information on the White House website, Trump and other "patriotic donors" will foot the bill for this $200 million renovation project. Levitt stated that the East Wing will also undergo a "modernization", and during the construction period, all office areas, including the First Lady's office, will be temporarily relocated. This is the most recent and costly among a series of White House renovation projects during Trump's administration. Levitt stated that this project is expected to be completed before the end of Trump's term.
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12:07

The US dollar is expected to achieve its first monthly rise since 2025.

The US dollar is expected to achieve its first monthly rise since 2025 in July, mainly driven by the Fed's hawkish stance and strong performance of the US economy. Powell is not in a hurry to cut interest rates, and the trade protocol has alleviated uncertainty, boosting investor confidence, which has led to the euro falling nearly 3%.
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04:13

Iran's Foreign Minister: The U.S. must compensate for the losses from the conflict before nuclear negotiations can resume.

Iran's Foreign Minister Amir-Abdollahian proposed new conditions for nuclear negotiations, demanding that the United States compensate for the damages caused by the Israel-Iran conflict and explain its military intervention during the negotiations. He emphasized that while there is a possibility of resuming talks, it is necessary to ensure the sincerity of cooperation.
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00:32

Trump imposed an additional 40% tariff on Brazil and reached a trade protocol with South Korea.

According to Golden Finance reports, the White House stated that Trump signed an executive order to impose an additional 40% tariff on Brazil, bringing the total tariff rate to 50%. In addition, Trump announced that a trade agreement had been reached with South Korea, which will impose a 15% tariff on goods exported to the U.S., while South Korea has committed to investing $350 billion in the United States.
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00:29

The use of emergency powers has become routine, and Trump’s actions are facing court scrutiny.

Since his second term, U.S. President Trump has frequently declared national emergencies to bypass normal legislative procedures and take unilateral actions. This strategy has sparked multiple lawsuits, and current measures using tariffs to address urgent commercial, political, and diplomatic issues will be reviewed by the federal appeals court, potentially culminating in a submission to the Supreme Court. Legal experts point out that Trump is more aggressive than his predecessors in declaring states of emergency.
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21:46

The U.S. government and Brown University have reached a protocol to restore the school's research funding.

Jin10 Data reported on July 31 that on July 30 local time, Brown University announced that it has reached a protocol with the federal government. The federal government will restore research funding to Brown University and address compliance review issues. Earlier this year, two White House officials stated that the Trump administration planned to suspend $510 million in federal grants and contracts to Brown University. It is reported that in the fiscal year 2024, Brown University received approximately $184 million in support through federal grants and contracts.
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19:55

The United States has suspended the minimum tax exemption for low-value goods.

On July 31, Jin10 reported that on July 30 local time, the White House announced that President Trump signed an executive order pausing the minimum tax exemption for low-value goods. The statement said that starting from August 29, imported goods valued at or below $800 that would originally qualify for the minimum tax exemption and are sent through means other than the international postal network will be subject to all applicable tariffs. For goods shipped through the international postal system, packages will be subject to tariffs based on either ad valorem or specific duties.
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19:55

Trump: Pakistan may sell oil to India on some day.

Jin10 data, July 31: U.S. President Trump: We have just reached a protocol with Pakistan, under which Pakistan and the United States will cooperate to develop its vast oil reserves. We are selecting the oil companies that will lead this cooperation, and perhaps one day they will even sell oil to India!
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18:27

Trump excluded refined copper and other materials from tariffs, resulting in a big dump of 18% in US copper.

Jin10 data July 31 news, after U.S. President Trump signed an announcement regarding copper imports, U.S. copper futures prices fell sharply. The White House stated that Trump announced a 50% general tariff on imported semi-finished copper products and copper-intensive derivative products, effective from August 1. However, refined copper and negative copper were excluded from this decision, which was contrary to market expectations. As a result, copper prices once experienced a big dump of 18%, and then slightly rebounded.
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17:16

Jin10 Summary: Key Points of the Fed's July Interest Rate Decision

The FOMC statement shows that the vote will pass the interest rate decision by a ratio of 9-2, with Bowman and Waller expected to oppose. The wording will simplify the uncertainty of the economic outlook, and the balance sheet reduction will remain unchanged. Powell will emphasize the importance of data in his press conference and respond cautiously to inflation and tariff risks, while reaffirming independence.
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16:13

Russian presidential spokesman: The Russian economy has "already developed a certain level of immunity" to sanctions.

Jin10 data reported on July 31 that in response to U.S. President Trump’s threat to impose new sanctions on Russia, Russian Presidential Press Secretary Peskov stated on the 30th that the Russian economy has developed an "immunity" to sanctions over the years. Peskov said: "We have long lived under various sanctions, and the Russian economy operates under many restrictions; we have a certain immunity to sanctions now." U.S. President Trump mentioned on the 29th that he set a 10-day deadline for Russia to reach a peace agreement with Ukraine, starting from that day. If there is no progress from the Russian side, new sanctions from the U.S. will follow.
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12:57

Trump called for an interest rate cut again on the Fed decision day, and the dollar index DXY rose over 0.5% intraday.

Odaily News A few hours before the Fed announced its interest rate decision, U.S. President Trump once again called for a drop in interest rates. After the release of the U.S. second-quarter GDP data, Trump stated on the Truth Social platform that Fed Chairman Jerome Powell "must cut rates now. There is no inflation." The U.S. Dollar Index DXY rose more than 0.50% during the day, currently reported at 99.37, continuing to set a new high since June 23. (Jin10)
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12:37

The rebound in the US economy in the second quarter was greater than expected, but the overall trend still appears to be slightly slowing.

BlockBeats news, on July 30, the U.S. economic growth in the second quarter exceeded expectations, rebounding from the decline caused by trade conflicts at the beginning of the year. However, even so, the overall trend of economic growth still appears to be slowing slightly, remaining at a lower level compared to recent years. Data shows that after excluding inflation factors, the initial value of the annualized quarterly growth rate of the U.S. GDP in the second quarter grew by 3%, exceeding expectations. Compared to the first quarter's -0.5%, the growth in the second quarter constituted a significant rebound. At the beginning of the year, U.S. companies imported a large volume of goods in advance to avoid the tariff policies imposed by President Trump, leading to a surge in imports in the first quarter, which significantly depressed the GDP growth for that quarter. In the following three months, this trend reversed. The aggressive tariff measures announced by Trump on April 2 initially did not have as severe an impact on businesses and consumers as expected, but instead helped drive the recovery of economic data.
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11:48

The upcoming cryptocurrency policy report from the White House is expected to include views on tokenization and recommendations for cryptocurrency legislation.

PANews, July 30 - According to a Reuters report, the cryptocurrency task force established by President Trump will release a report on Wednesday local time, which is expected to outline the government's stance on tokenization and the market definition of crypto legislation, as well as other issues critical to the digital asset industry. The report on Wednesday is a summary of the task force's work to date and its first publicly released research findings. According to Trump's executive order from January, the report will outline what rules and laws should be established to advance the pro-crypto policy goals of the White House. Insiders revealed that these goals include ensuring that the U.S. SEC establishes a framework for companies to issue blockchain-based stocks and bonds; the report will also discuss the government’s wish list regarding the broad regulatory legislation on Crypto Assets currently being debated in Congress; the report is expected to acknowledge that the SEC needs to develop a tokenization framework, but the specific wording is still unclear; in addition, the report will elaborate on the White House's position on Congress.
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00:04

Trump said he might not attend the G20 leaders' summit in South Africa.

On July 30, Jin10 reported that U.S. President Trump stated on the 29th that he may not attend the Group of Twenty (G20) leaders' summit held in South Africa. Trump said to reporters on Air Force One that he might send someone else to represent the U.S. at the G20 leaders' summit scheduled for November in South Africa, "because I have many issues with South Africa."
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04:55

Institutions: The Fed is expected to remain unchanged this week, with the two doves likely to hold opposing views.

Jin10 data, July 29 - U.S. Chief Economist of Placer, Uluperski, stated that the Fed is expected to keep the interest rate unchanged at 4.25%-4.5% this week, but Waller and Bowman may express opposition. This could intensify speculation that once more officials appointed by Trump join the Federal Reserve Board of Governors starting in the first quarter of 2026, the pace of interest rate decreases will accelerate. Dovish Waller and Bowman may argue that monetary policy is restrictive, as tariff-related inflation is being offset by other factors, and they may advocate for a rate cut based on a neutral interest rate close to 3%. It is expected that Powell will try to guide the FOMC to wait as long as possible for the next rate cut, with a higher likelihood of a cut in October than in September.
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22:39

White House: Trump is willing to talk with Kim Jong-un

Jin10 data July 29 news, on July 28 local time, the White House stated that U.S. President Trump is still willing to engage in dialogue with North Korean leader Kim Jong-un to achieve complete denuclearization of the Korean Peninsula.
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20:05

Medvedev: The US side's "ultimatum" has increased the threat of war against Russia.

Deputy Chairman of the Russian Security Council Dmitry Medvedev commented on the relationship between Trump and Russia, believing that Trump's "ultimatum" game has intensified the threat of war. During his visit to Scotland, Trump expressed disappointment to Putin and shortened the 50-day deadline for reaching an agreement with Ukraine to 10-12 days, planning to confirm the deadline on the 29th.
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19:23

Trump said he rejected Epstein's invitation.

Jin10 reported on July 29 that U.S. President Trump stated that he has "never had the pleasure" of visiting Jeffrey Epstein's island. Trump said that he rejected the invitation from Epstein and called it a wise move. Previously, Trump had repeatedly distanced himself from Epstein.
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13:40

Trump urges Powell to cut interest rates again.

On July 28, Jin10 reported that U.S. President Trump again called for the Fed to cut interest rates on Monday, stating that it would help boost the U.S. economy. After meeting with British Prime Minister Keir Starmer in Scotland, Trump said regarding Fed Chairman Powell's interest rate stance, "I think he has to do it."
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12:33

Trump: A ceasefire in Gaza is possible.

Jin10 reported on July 28 that on July 28 local time, U.S. President Trump and UK Prime Minister Starmer met in Scotland. Trump stated that a ceasefire in Gaza is possible. While speaking alongside Starmer, Trump mentioned that he had spoken with Israeli officials and informed them that different approaches may be necessary. Trump also stated that the EU will provide more aid to Gaza and plans to ask Starmer for assistance.
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