라벨이 Trump인 게시물 표시

Trump Notifies Korea of 25% Reciprocal Tariff Starting August 1st

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US President Donald Trump officially notified South Korea on July 7th (local time) that he would impose a 25% reciprocal tariff on all Korean products starting August 1st. This measure comes after trade negotiations between the US and South Korea, which have been ongoing since April, failed to reach a conclusion, and is expected to have significant impact on the Korean economy and export industries. Key Details of Trump's Tariff Letter President Trump released a letter addressed to President Lee Jae-myung through his social media platform Truth Social. In the letter, Trump stated, "Our relationship has unfortunately been far from reciprocal," and announced that "starting August 1, 2025, we will impose a 25% tariff on all Korean products coming to the United States." This tariff rate is identical to the 25% reciprocal tariff announced by President Trump on April 2nd. While Korea had received a 90-day grace period to conduct negotiations, the failure to rea...

Ripple Labs Applies for Banking License as XRP Maintains $2.30 Level Amid Trump Administration Optimism

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Ripple Labs' application for banking authorization from the Office of the Comptroller of the Currency (OCC) marks a significant turning point for XRP markets. As of July 10th, XRP is trading around the $2.30 level, showing a 1.27% increase over the past 24 hours. Banking License Application Impact Ripple Labs' OCC banking license application carries tremendous significance for the cryptocurrency industry. This move signals Ripple's serious commitment to integrating with traditional financial systems and establishes a strategic foundation for stablecoin business expansion. Ripple announced plans to launch a USD-pegged stablecoin in April 2025. This stablecoin will operate on both XRP Ledger and Ethereum networks, with third-party auditing and monthly disclosures ensuring transparency. Trump Administration Cryptocurrency Policy Changes 2025 is expected to be a highly positive year for Ripple. President Donald Trump's election victory has created powerful tailw...

NASDAQ Closes Mixed Amid Trump Tariff Policy Uncertainty and Investor Caution

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The NASDAQ Composite Index closed mixed on July 10th amid ongoing uncertainty surrounding President Trump's tariff policies, with investors maintaining a cautious stance as market volatility continues to reflect policy-driven concerns. Trump Tariff Policy Creates Market Turbulence President Donald Trump's announcement of imposing tariffs of up to 40% on 14 countries, including Japan and South Korea, has created significant volatility in U.S. equity markets. Technology stocks listed on NASDAQ are particularly vulnerable to these trade policy changes, given their global supply chain dependencies and export exposure. Citigroup strategists led by Chris Montagu warned that NASDAQ positioning has become excessively extended, increasing the risk of profit-taking activities. This warning comes at a time when valuation concerns for the tech-heavy index are already mounting. Mutual Tariff Extension Provides Limited Relief The Trump administration's decision to extend the ...

Bitcoin Touches $110,000 Before Correction Amid Trump Tariff Concerns

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Bitcoin recently touched the $110,000 milestone before entering a correction phase, currently hovering around the $109,000 level as market participants navigate through complex factors influencing the world's largest cryptocurrency. Trump Tariff Policy Creates Market Uncertainty The primary concern weighing on Bitcoin's price momentum stems from President Trump's evolving tariff policies. The administration recently announced plans to impose tariffs of up to 40% on 14 countries, including Japan and South Korea, before extending the mutual tariff deadline to August 1st. According to cryptocurrency media outlet AMB Crypto, this policy uncertainty has triggered risk-aversion among investors, leading to capital outflows from cryptocurrency markets. Exchange Inflow Decline Signals Bullish Sentiment Despite current headwinds, several on-chain metrics suggest Bitcoin's underlying strength. The Exchange Flow Multiple has significantly decreased over the past two wee...

Trump Imposes 25% Tariff on Korea, 3-Week Negotiation Window Opens

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Trump Tariff Ultimatum President Donald Trump has sent an official letter to Korea announcing a 25% mutual tariff on all Korean imports, scheduled to take effect on August 1st. This development marks a significant escalation in US trade policy, affecting Korea along with Japan and at least 12 other countries. Extended Deadline Provides Breathing Room The tariff implementation date was extended from the original July 9th deadline to August 1st, providing Korea with approximately three weeks to negotiate. Trump stated that the 25% rate is actually a low number considering the trade deficit the US has experienced with Korea. Korean Government Response The Korean presidential office assessed that they had avoided the worst-case scenario in tariff negotiations. Policy Chief Kim Yong-beom emphasized that while prompt consultation is important, protecting national interests remains ...

Trump's Tariff Threat: How Will South Korea's Economy Respond?

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President Donald Trump has sent tariff warning letters to major countries including South Korea, announcing a 25% tariff to be imposed starting in August. This trade policy shock is creating ripple effects across the global economy, raising concerns about its impact on South Korea. Economic Ripple Effects Trump's tariff policy extends beyond simple trade conflicts, potentially leading to global inflation deterioration and upward pressure on interest rates. Experts warn that "tariff increases by the hegemonic United States will reduce global trade volumes, leading to GDP decline and economic growth slowdown." The strengthening dollar is intensifying won weakness. The won-dollar exchange rate rose to 1,370 won during Tuesday trading, showing instability. The Bank of Korea's New York office has suggested that the tariff policy's impact on the US economy may be prolonged. Corporate Response Strategies Korean companies are already reviewing various counterm...

Trump Imposes 25% Reciprocal Tariffs on Korea: 2025 Trade War Analysis and Response Strategies

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In July 2025, Donald Trump's announcement of a 25% reciprocal tariff on South Korean goods has sent shockwaves through the Korean economy and global markets. This tariff is part of a massive trade war affecting 183 countries worldwide, representing one of the most significant trade policy shifts in recent history. Understanding the implications and response strategies is crucial for businesses, investors, and policymakers. 🔥 Understanding Trump's Reciprocal Tariffs Reciprocal tariffs are Trump administration's response to what they perceive as "unfair trade advantages" taken by various countries in their trade relationships with the United States. The tariff rates are calculated based on the US trade deficit with each nation, reflecting Trump's core belief that trade deficits represent American losses. 💡 2025 Reciprocal Tariff Overview Country Tariff Rate Effective Date ...

Bitcoin Stages V-Shaped Recovery on Trump Tax Bill Hopes

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Bitcoin Surges Back Above $105,000 Level July 7, 2025, marked a dramatic turnaround for Bitcoin as the world's largest cryptocurrency staged a remarkable V-shaped recovery, climbing back above the $105,000 level. This surge came after a sharp decline the previous day, with the recovery driven by growing expectations surrounding President Trump's anticipated new tax legislation framework. The cryptocurrency market witnessed a significant spike in liquidity across digital assets over the past 24 hours, with Bitcoin leading the charge. Market analysts attribute this sudden reversal to a combination of political developments and economic news emanating from the United States, particularly speculation about the Trump administration's forthcoming tax policy reforms. Trump Administration's Crypto-Friendly Stance Since taking office in January 2025, the Trump administration has consistently pursued policies favorable to the cryptocurrency industry. The administrati...

Elon Musk Launches America Party Amid Political Feud with Trump

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Revolutionary Announcement Shakes US Political Landscape On July 7, 2025, Elon Musk, CEO of Tesla and one of the world's wealthiest individuals, dropped a political bombshell that sent shockwaves through the American political establishment. In a post on his social media platform X (formerly Twitter), Musk declared, "Today, the America Party is founded to restore freedom to you, the people." This announcement marks a dramatic escalation in the deteriorating relationship between Musk and President Donald Trump. Once considered Trump's closest ally in the tech industry, Musk has increasingly found himself at odds with the administration's policies and approach to governance. The Trump-Musk Alliance Collapses The relationship between Trump and Musk began promisingly when Trump took office in January 2025. Musk was appointed to lead the Department of Government Efficiency (DOGE), a new agency aimed at streamlining federal operations. However, disagreement...