The escalating US-China trade tensions are significantly impacting the Bitcoin mining industry, with concerns rising about massive liabilities for American companies. A recent report from The Miner Mag […]
US Doubles Tariffs on India Over Russian Oil Purchase, Creating Trade Uncertainty
The United States has imposed a doubled tariff of 50% on Indian goods as retaliation for India’s purchase of Russian oil. This action escalates trade tensions between the […]
Trump Unveils Potential Semiconductor Tariff Increases
President Trump has announced plans for semiconductor tariffs in the US, potentially impacting global supply chains and raising questions about future market dynamics.
Trump-Backed Bitcoin Miner Acquires 16,299 Bitmain ASICs Despite Trade Tensions
American Bitcoin, a mining company supported by Trump family members, recently ordered 16,299 Bitmain Antminer U3S21EXPH mining units from China’s Bitmain, marking a significant investment in the industry. […]
Trump-Backed Bitcoin Mining Company Orders 16,000 ASICs Amidst Trade War Uncertainty
American Bitcoin, a company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), the hardware used […]
Chinese Investors Shift Capital to Indonesia Amid Tariffs
Facing increased U.S. tariffs, Chinese investors are shifting capital towards Indonesia to mitigate economic risks. This trend resulted in a significant surge of investments during the first half […]
Brazil Unveils Plan To Shield Exporters from U.S. Tariffs
Facing the brunt of 50% import duties imposed by U.S. President Donald Trump on certain Brazilian goods, the Brazilian government has unveiled a comprehensive support program to mitigate […]
Tech Giants Navigate Trump Tariffs with Billions-Dollar Deals
Top tech companies are making significant investments, totaling billions of dollars, in deals aimed at avoiding penalties imposed by the White House on trade between U.S. and China. […]
Tech Giant Revenue Deals: How Big Tech Navigates Trump’s Tariffs
In a bold move by Treasury Secretary Scott Bessent, Nvidia and AMD are allowed to sell certain AI chips to China. In return for this access, they must […]
U.S. Extends Trade Truce with China: 90-Day Deadline Looms
The United States has extended its truce with China on tariffs, setting a new deadline of November 10th to avoid automatic tariff increases. This extension, announced by President […]
Asia FX Gains Lift Amidst US-China Trade Truce Uncertainty
Following the tentative US-China trade truce, Asian currencies have shown cautious gains. This optimism stems from potential easing of trade tensions that have weighed heavily on regional economies. […]
Trump Extends Tariff Freeze on Chinese Goods for 90 More Days
President Trump signed an executive order extending the freeze on U.S. tariffs against Chinese goods for another 90 days, according to a White House official who spoke on […]
Trump China Tariffs: 90-Day Extension Brings Hope for Global Trade Resolution
The global economy, particularly the dynamic cryptocurrency market, has been closely watching as US and Chinese trade relations have evolved. Recent developments surrounding Trump China tariffs have sent […]
Trump Delays China Tariffs: New Deadline Set for 90 Days
President Donald Trump has announced a 90-day extension of the deadline for planned tariffs on Chinese goods. This action follows previous decisions to impose trade restrictions.
Nvidia and AMD Reach Deal: Securing Licenses for China Chips Through Revenue-Sharing Agreement
Nvidia and AMD have entered into a groundbreaking agreement with the U.S. government, securing export licenses for their chips sold in China. In exchange, the companies will share […]