President Trump signed an executive order that aims to reshape US-China trade relations. The order seeks to strengthen bilateral economic ties by addressing existing trade barriers and fostering […]
Trump’s Second Term Sparks Major Stock Market Downturn
Donald Trump’s second term has marked a significant decline in the US stock market, with the S&P 500 experiencing a drop of nearly 20% since inauguration day. This […]
Trump Overrules IRS Crypto Rule, Boosting DeFi Adoption
President Donald Trump has signed legislation repealing a contentious IRS regulation that impacted decentralized finance (DeFi) platforms. The rule, enacted at the end of President Biden’s administration, sought […]
Trump Repeals DeFi Reporting Rule with Congressional Action
President Donald Trump signed a joint congressional resolution on April 10th, effectively overturning an IRS reporting rule that required decentralized finance (DeFi) platforms to disclose their cryptocurrency sales […]
Trump Proposes Using Tariff Revenue to Pay Down National Debt
President Trump’s administration is exploring the use of tariffs collected from foreign imports as a means to reduce the national debt. This initiative reflects a strategy focused on […]
Trump Administration Takes Aim at Remaking US Crypto Landscape
The US is poised for a significant shift in its approach towards cryptocurrency, as President Trump’s administration seeks to establish a new regulatory framework and position the nation […]
Trump Suspends Tariffs for 90 Days, Aims to Stabilize Global Trade
U.S. President Donald Trump has initiated a temporary suspension of tariffs for 90 days, aiming to alleviate global trade tensions and foster economic stability amidst shifting market dynamics.
Senate Approves Paul Atkins as SEC Chair, Following Trump’s Nomination
Paul Atkins, nominated by President Donald Trump, has been confirmed as the new chair of the Securities and Exchange Commission (SEC) in a 51-45 Senate vote. The confirmation […]
Trump Imposes 125% Tariffs on China, Suspending Trade Actions for 90 Days
In a significant development regarding the US-China trade war, President Trump has announced an immediate increase in tariffs to 125% on Chinese imports. In addition, tariffs on goods […]
Trump Imposes Major Tariffs on Pharmaceutical Imports, Aiming to Boost Domestic Manufacturing
President Trump unveiled plans for substantial tariffs on pharmaceutical imports last week, marking a strategic shift towards bolstering domestic pharmaceutical manufacturing. This move echoes his previous declaration of […]
Japan Battles Trade Tension with US Amid Trump’s Tariff Actions
A new round of trade tension is brewing between Japan and the United States following Donald Trump’s implementation of tariffs on Japanese products. The tariffs, which include a […]
Former Treasury Official Slams Trump Administration’s Tariff Calculations
Brent Neiman, a former Treasury Department official during the Biden administration and an economist at the University of Chicago, has criticized the Trump administration for misusing his research […]
Supreme Court Upholds Trump’s Firing of 16,000 Federal Workers
The U.S. Supreme Court overturned a lower court ruling that mandated the reinstatement of over 16,000 probationary federal employees, clearing the way for the Trump administration to keep […]
Trump Dismantles DOJ Crypto Unit, Citing Regulatory Overreach
The Department of Justice has shuttered its National Cryptocurrency Enforcement Team (NCET), a unit responsible for tackling digital asset-related crimes, following the end of the Trump administration. Deputy […]
Trump Administration Dismantles Crypto Crime Unit: Major Shift in Enforcement Focus
The Trump administration has dramatically reshaped the landscape of crypto enforcement by shutting down the National Cryptocurrency Enforcement Team (NCET). This decision, outlined in a memo from Deputy […]