Vietnamese officials acknowledged progress in the long-awaited trade agreement between the two sides but clarified that the terms are still under government review.
During an interview with Fox Business on Thursday, Bessent indirectly said the Trump administration has prepared a list of potential successors to Powell.
Bitcoin’s upswing also fueled gains for crypto-linked stocks, including Bitcoin miners and Strategy, as well as major tokens like Ethereum, XRP, Solana, and Cardano.
Cryptocurrency markets are surging heading into the holiday weekend, fueled by optimism around altcoin ETF approvals for 2025 and the impending ratification of the ‘Big Beautiful Bill.’
The industry has gained popularity in the U.S. recently, attracting professionals as well as newcomers, driven by the rise of online platforms such as FanDuel, DraftKings (DKNG), and Kalshi.
The former U.S. president highlighted the efforts by his administration to strengthen the North Atlantic Treaty Organization, a military alliance comprising primarily countries from North America and Europe.
Analysts suggest that Japanese carmakers may eventually raise U.S. prices more significantly if tariffs persist, although any increases are expected to be phased in gradually over several years.
The transshipment levy would deal a blow to products with components from countries that would require only minimal final assembly before being exported to the U.S.
