Odaily News According to a report by the UK's Financial Times, Trump is preparing to cancel tariffs on metals and aluminum.
Odaily News: Market sources indicate that an internal Russian memo mentions a return to the dollar system, aiming to gain support from Trump. It also references joint plans in the energy, minerals, and fossil fuels sectors. (Jin10)
Odaily News SBF posted on platform X, stating that during the Biden administration, businesses were forced to relocate overseas. Under the Trump administration, businesses are being welcomed back to the United States. The regulatory measures taken by the Democratic Party included requiring licenses but refusing to issue them, making it impossible for businesses to operate in the U.S. The situation has now changed, and the U.S. Department of Justice is no longer prosecuting the entire industry. For years, due to this policy, all liquid prediction markets were located overseas and are now opening up to Americans, and the same applies to the cryptocurrency field. The Democratic Party raised corporate taxes, leading to business relocation and creating loopholes that allowed companies to keep funds overseas. Trump expanded business tax deductions, attracting investment back to the United States.
Odaily News: Zak Folkman, co-founder of the Trump family-associated crypto project World Liberty Financial, announced plans to launch a foreign exchange platform called World Swap as part of its USD1 stablecoin ecosystem. Folkman stated that World Swap aims to simplify cross-border transfers, challenging the high fees of 2% to 10% per transaction charged by traditional remittance service providers, allowing users to send and receive digital dollars in a manner similar to mainstream payment apps. Folkman mentioned that more details will be announced later this month at an event held at Mar-a-Lago. (CoinDesk)
Odaily News US President Trump posted on a social media platform, "Great jobs numbers, far beyond expectations! America should pay much less interest on borrowing costs (bonds!). We are once again the world's leading power, so we deserve the lowest interest rates by far. This will bring at least a trillion dollars in annual interest savings—the budget will not only balance but also have a large surplus. Wow! America's golden age has arrived!!!" (Jin10)






