According to Caixin News Agency, US Trade Representative Greer stated that Canada has refused to finalize a trade agreement with the United States and has taken retaliatory measures, with Canadian Prime Minister Carney stating that progress in negotiations is insufficient to achieve goals. The US Customs and Border Protection has imposed additional tariffs on specific Canadian imports under Section 338. Senior officials of the Trump administration have confirmed that the measure to impose a 50% tariff on some Canadian goods will officially take effect on August 22 at 12:01 UTC+8.

Canada announced the suspension of trade negotiations with the United States and stated that it will take reciprocal countermeasures against US tariffs. （Watcher.Guru）

According to on chain analyst Yu Jin's monitoring, a certain whale held a long position and held it for four months, with a maximum floating loss of $120 million. The giant whale liquidated 60000 ETH long positions at an average price of $2514 half an hour ago, making a profit of $14.88 million. The giant whale currently holds 3000 BTC long positions worth $235 million, as well as 60000 ETH long positions worth $151 million, with a floating profit of $47.45 million from open positions.

According to Lookonchain monitoring, Machi (0x020... 5872) has been liquidated nearly 500 times, converting $152000 to $12.72 million within 3 days and earning over $12.5 million in profits. Lookonchain stated that Machi seems to no longer need to sell Bored Apes to maintain long positions.

Summer Mersinger, CEO of the American Blockchain Association, stated that less than four weeks before the US Senate votes on September 15th to advance the Clarity Act debate, reopening the provisions that have been negotiated for months will lead to legislative failure. Mersinger stated that the proposed amendments by the American Bankers Association are significant policy changes that will expand the scope of regulatory interpretation and change the applicability of the GENIUS Act. Mersinger pointed out that bank deposits in the United States have grown for three consecutive quarters since the passage of the GENIUS Act, with a cumulative increase of over $800 billion. Mersinger calls on the US Senate not to reopen negotiations and to pass the Clarity Act directly.