Paxos CEO: Trump’s return could herald the arrival of the “golden age of crypto”
Paxos co-founder and CEO Charles Cascarilla stated that "Trump's election has created a real opportunity for cryptocurrency to become the new gold, as people believe that all suppressed demand may be released, and the United States may go from a laggard in the cryptocurrency industry to a leader."
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President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.The implementation of the tariffs was delayed to Tuesday at 12:01 am.Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.