1/ #Tariffs
As the dust settles clearer data is surfacing. The U.S. currently has imposed 25% Tariffs on about 62% of Canadian goods and roughly 50% of Mexican goods.
Canada has levied 25% Retaliatory Tariffs on selected U.S. Textiles, Alcohol, Furniture and Agriculture goods.
2/ #Tariffs
Mexico is expected to announce Retaliatory Tariffs as early as this Sunday March 9th.
Tariffs on 50% of Mexican imports and Tariffs on 62% of Canadian imports are the goods considered outside the purview of the USMCA.
3/ #Tariffs
Including the Tariffs levied against China and China's retaliation. The expressed intention of Mexico, Canada and the U.S. to impose further Tariffs.
This may become the most destructive Trade War since the protectionist wave of the 1930's within 2 - 3 months.
The OCC updates guidance for banks
-Banks can now legally provide ( crypto ) custody services. (Biggest change)
-Banks can act as a node in "an independent node verification network." (controversial)
-Some red tape cut around stablecoins.
#Bitcoin
occ.treas.gov/news-issuances…
White House Crypto Summit
If you were perplexed by the FIFA Club World Cup Trophy at the Summit. I don't think it's coincidence.
A "Strategic Bitcoin Reserve" as Trump called it today. May employ a similar physical storage to secure $BTC holdings.
#Bitcoin
The White House Crypto Summit will indeed be discussing the Bitcoin Strategic Reserve this Friday starting at 1:30PM ET.
Hope to hear a scaling back from the Crypto Strategic Reserve concept. I would be wary of reading too much into anyone "travelling to D.C." Friday.
Love how this casually drops while I'm writing a post🙄. So that's just one week away.
I imagine this has something to do with the #Bitcoin Strategic Reserve and/or Stablecoin legislation. Both expected to complete within the U.S. Admin's first 100 days ending April 20th.
#Bitcoin
This will still be happening tomorrow despite the Executive Order for a BSR using assets forfeited through lawful seizure to the U.S. Government.
I'm sure many have pointed out by now that the U.S. President can't just do this, but it will get the ball rolling.
#Tariffs (1/3)
Data from the U.S. Customs and Border Patrol
Fentanyl entering the U.S. from Canada (lbs):
2022: 14
2023: 2
2024: 43
2025: 10 (record numbers expected this year)
#Tariffs (2/3)
Data from the U.S. Customs and Border Patrol
Fentanyl seized in the U.S. from at State Borders and from Coastal Areas (lbs):
2022: 582
2023: 303
2024: 698
2025: 162
#Tariffs (3/3)
Data from the U.S. Customs and Border Patrol
Fentanyl entering the U.S. from Mexico (lbs):
2022: 14,100
2023: 26,700
2024: 21,100
2025: 5,400 (record numbers expected this year)
#Tariffs
Canadian PM Trudeau announced he was resigning as PM of Canada on January 6th, 2025. A new leader is expected by March 24th, 2025.
This was in place before any Tariffs were officially announced.
foxnews.com/world/canadas-tr…






