By Admin 
Donald Trump on New Deal: US President Donald Trump has said that some major business agreements will be declared soon. He indicated that these agreements are almost ready and can be declared at any time.
During the Signature ceremony on the Stabil Cine Act at the White House, Trump said, ‘We can do it today. Maybe after a while. We will do it. When I send a paper to a country that they have to give 35 or 40 percent tariffs, then the deal starts from there. Then they call and say whether there can be some different kind of deal, such as opening your country for business.
Donald Trump has recently signed an executive order, under which the 90 -day duration of tariffs imposed by the US has been extended from 9 July to 1 August. During this time negotiations with many major trading partners are going on. Tram also clarified that there will be no further change or expansion after the August 1 deadline and the tariff will begin to be implemented from that day.
Trump also signed the Historical Stabil Cine Act
On the occasion, Trump also signed a historic Stabil Cine Act, which is the first federal regulation of the US in the region. Trump said, “The GNIUS Act provides a clear and simple regulatory structure, which will reveal the tremendous possibilities of the dollar -backed stables. The Act sets the standard for stablecoins, which are digital currency associated with US dollars or other fiat currencies.
It will be monitored by the Federal Reserve and Currency Controller Office. Under this, it will be mandatory for the issuers to share this information that they have American currency, demand deposits, government securities and other approved assets as reserved funds. Trump also indicated that he wanted to make America the capital of Crypto. According to him, the use of stable curins will increase demand in the American Treasury, reduce interest rates and strengthen the dollar as global reserved currency.
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