AiCoin | 8.25 Snapshot: tariff escalation, treasury bond repurchase, good gold, sovereign currency purchase
1. Bloomberg: The United States will impose an additional 7.5% tariff on Chinese goods 2. Tom Lee: The US Treasury's nearly trillion dollar treasury bond repurchase plan is good for stocks and cryptocurrencies 3. Citibank raises its short-term gold target to $4800 per ounce, maintaining its 6-12 month target of $5000 4. Trump announces a 50% increase in tariffs on Canadian cars and steel starting from 2027 5. Binance reveals that it is assisting multiple countries in purchasing Bitcoin as a national reserve 6. South Korea plans to launch the Digital Asset Basic Law this autumn to accelerate cryptocurrency legislation 7. George Efstatopoulos: Federal Reserve policy uncertainty prompts funds to increase their holdings of gold The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/549564