Farewell obligations, farewell caution! Ricardo Salinas is casting aside traditional finance and wrapping himself in digital gold. 70% of his empire now rests on bitcoin.
Like a cowboy drawing his six-shooter, Trump unleashes reciprocal tariffs, awakening old economic ghosts and sowing panic for Bitcoin in the stock markets.
The crypto market is experiencing a spectacular rebound following the decision by U.S. President Donald Trump to temporarily suspend the proposed tariffs on Canada and Mexico. This announcement comes amid intense negotiations between the United States and its North American neighbors concerning border security and trade.
The United States is reviving trade tensions with its major economic partners. Donald Trump has just announced massive new tariffs on imports from Canada, Mexico, and China, and is reigniting an aggressive protectionist policy. Presented as a response to the fight against fentanyl trafficking and illegal immigration, this decision primarily fits into a broader strategy aimed at renegotiating North American trade agreements and protecting the American industry from Chinese competition. This escalation has immediately provoked a virulent reaction from the targeted countries, which are already preparing retaliatory measures, foreshadowing a new economic showdown with uncertain consequences.
Is Mexico about to follow in El Salvador's footsteps by embracing Bitcoin? That's what Samson Mow proposed to the Mexican parliament.