The application of Donald Trump's tariffs on China was extended for another 90 days after the President of the United States signed the corresponding executive order on Monday, August 11.
Trump's decision follows the last round of talks between the parties, held in late July in Stockholm, Sweden.…
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United States
Apple to make million-dollar investment in the US
As a way to avoid US President Donald Trump's tariffs, which also affect the technology sector, Apple announced a $100 billion investment in the country.
The initiative will also be aimed at boosting domestic production, the technology…
European Union suspends tariff countermeasures against the US for six months
The US president had announced a package of 30 % tariffs on imports of European Union products starting August 1.
Following the agreement reached between the parties, it was learned that the EU will pause for six months "the two packages…
The United States and the EU signed a mutually beneficial trade agreement
The United States and the European Union signed a trade agreement on a unified 14 % tariff to be applied to most sectors, including automotive, semiconductors, and pharmaceuticals.
"According to the EU, this unified tariff provides greater…
Bank of America is ready to launch its own stablecoin
Bank of America recently unveiled a strategy focused on the virtual currency segment, making clear the bank's desire to launch its own stablecoin.
In this regard, BofA CEO Brian Moynihan confirmed last week that the company is in the…
Trump announces a 50 % tariff on copper
Amid new announcements related to tariffs on various countries and economic activities, US President Donald Trump included a 50 % tax on copper imports.
In a meeting with his cabinet on Tuesday, July 8, Trump announced this new tariff "on…
OFAC extends license for gas delivery and offloading in Venezuela
The U.S. Department of the Treasury extended gas delivery and offloading in Venezuela until September 7 through General License No. 40D, issued by the Office of Foreign Assets Control (OFAC).
The new license replaces license 40C and…
Key crypto regulation laws in the US could be ready in September
The United States approved a new legal timeline that could lead to the passage of the Clarity and Genius Acts, the crypto market structure and stablecoin laws, respectively, in September of this year.
This was indicated by White House…
Canada and the United States to resume trade talks
This week began with good news for the United States, after the Canadian Department of Finance announced the rescission of the digital services tax, which would take effect on Monday, June 30.
As you may recall, US President Donald Trump…
Bitcoin is officially a mortgage asset in the United States
The Federal Housing Finance Agency (FHFA) announced last Friday, June 27, that bitcoin and other cryptocurrencies will be eligible for mortgage-backed securities, following President Donald Trump's favorable stance toward digital…
The Fed decided to keep interest rates steady in anticipation of a spike in inflation
Interest rates will remain in the 4.25 % to 4.5 % range for the coming months, Federal Reserve Chairman Jerome Powell announced last week.
The decision was made on Wednesday, June 18, in anticipation of a possible spike in inflation for…
Google launches interactive website WeatherLab to help predict hurricanes
Google Research's artificial intelligence (AI) subsidiary, DeepMind, launched an interactive website called WeatherLab in partnership with the U.S. National Hurricane Center to help predict hurricane formation.
According to the technology…