Coinatory

Trump Plans Major Federal Tax Cuts Tied to New Tariff Regime United States President Donald Trump has reiterated his intention to substantially reduce, or potentially eliminate, federal income taxes by leveraging revenues generated from newly instituted import tariffs. The proposal, detailed in an April 27 Truth Social post, emphasizes tax relief for individuals earning under $200,000 annually. Trump’s vision includes the replacement of the current Internal Revenue Service (IRS) model with what he term... cryptonews

Trump Signals China Talks Amid Market Volatility Over Tariff Uncertainty President Donald Trump confirmed ongoing communications with China as markets brace for heightened volatility, reflecting deep concerns over escalating U.S.-China trade tensions. After a period of volatility for the stock and cryptocurrency markets, investors are anticipated to keep a close eye on changes in the U.S. tariff landscape throughout the course of the upcoming week. Speaking from the Oval Office, Trump said China had repeatedly req... Coinatory

Trump’s Tariff Rollback on Tech Goods Boosts Markets In a notable shift in trade policy, U.S. President Donald Trump has exempted a wide range of technology products—including smartphones, semiconductors, computers, and consumer electronics—from ongoing tariffs. The move delivers much-needed relief to an industry long strained by cross-border trade tensions and supply chain disruptions. The U.S. Customs and Border Protection confirmed that items such as modems, storage cards, diodes, and other ... Coinatory news

Crypto ETPs See $240M in Outflows Amid US Trade Tariff Concerns Cryptocurrency exchange-traded products (ETPs) recorded substantial investor withdrawals last week, with $240 million in capital pulled, according to digital asset manager CoinShares. The pullback ends a two-week streak of inflows totaling $870 million and reduces total digital asset ETP holdings to approximately $133 billion. The decline in flows appears to reflect investor caution following the imposition of global trade tariffs by the Unit... Coinatory

Elon Musk Urges EU–US Free Trade Amid Trump Tariff Escalation Elon Musk has advocated for the removal of transatlantic trade tariffs and the establishment of a free trade area between North America and Europe. Speaking at a gathering organized by Deputy Prime Minister Matteo Salvini of Italy, the CEO of SpaceX and Tesla promoted "a zero-tariff situation" between the US and the EU, highlighting the necessity of greater regional labor mobility and economic integration. “I hope it is agreed that bot... crypto news