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White House press secretary Karoline Leavitt confirms that the 34 percent tariff on China is ON TOP of the previous 20 percent. So that means the rate on China will be *54* percent when these tariffs take effect. This will hugely impact consumers in the US. Imagine a…

Federal Board Governor Kugler in Q&A now: Fed does not comment on administration policies but looks at how it will impact mandates for prices and jobs There may be reasons why tariffs have more prolonged effects Tariffs on aluminum for example effect almost every sector of the economy…

I would advise none of the countries to retaliate as these numbers are high-end We can see if there is a different floor (from those announced) The mindset from Trump might be to let things settle for awhile Says he has no plans to travel to China I’m…

Trump has scattered tariffs all over the place but many of the losers in this are countries that don’t send much to the US anyway. Some critical partners: China 54% European Union 39% Japan 24% India 26% South Korea 25% Vietnam 49% Now there is an important caveat…

The stand out winner across major FX is JPY. USD/JPY is down more than 150 points from earlier highs, dropping under 148.80 as I update. Yen crosses tracing out the same sort of pattern (EUR/JPY is circa 161.00 … massive slump). Yen loving the chaos, standing out as…

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standard Hashgraph to debut private blockchain ASICs will look more like servers An interview with Gensyn’s Ben Fielding This article is featured in…

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