Overnight Key Statements on Tariffs and Cryptocurrency Issues
Tariff-Related Issues- Chinese Premier: There are no winners in a trade war, and the U.S. should promote stable relations with China.
- Prime Minister Carney: U.S. President Trump’s unjust tariffs and trade measures are causing “the greatest crisis of our lifetime.”
↳ Trump wants to “break us so that the U.S. can own us.”
Key Cryptocurrency Updates- White House: The U.S. may sell gold to buy Bitcoin
↳ Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, stated that selling gold reserves to fund Bitcoin purchases is under discussion. - IMF Recognizes Bitcoin (Digital Gold X) (Source).
↳ “A new digital asset designed to be used as a means of payment or a store of value.”
