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Trump Announces ‘Full and Complete Trade Deal’ with South Korea

William Attardi on July 31, 2025

The announcement comes days after Trump secureda major trade deal with the European Union that lowered tariff rates to 15% in exchange for investments in U.S. energy and other goods. Trump’s deal with South Korea is similar in that it lowers the tariff on the country from 25% to 15%, and includes investment in U.S. energy.  South Korea will purchase $100 Billion Dollars of LNG, or other Energy products and, further, South Korea has agreed to invest a large sum of money for their Investment purposes. “All of this will help reduce our Trade Deficit in a very major way” Trump said. Trump announces ‘full and complete trade deal’ with South Korea | Just The News

U.S. Reaches Trade Deal with Europe

William Attardi on July 27, 2025

The European Union and the United States agreed on Sunday to a broad-brush trade deal that sets a 15 percent tariff on most goods, including cars. In addition:

  • The European Union had agreed to purchase $750 billion of American energy
  • EU to increase its investment in the United States by more than $600 billion above current levels.
  • EU would buy military equipment
  • No tariffs would be imposed on some goods.

The agreement will “rebalance, but enable trade on both sides,” Ursula von der Leyen, the president of the European Commission said. The European Union last year accounted for nearly $610 billion of the $3.3 trillion in goods imported by the United States.

U.S. Reaches Trade Deal With Europe – The New York Times

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini