A few hours ago, the US President published a letter to Canada to inform them of the introduction of 35% tariffs from 1 August. As usual, he justified this by citing the large quantities of fentanyl allegedly entering the US from Canada.
The US has started sending out its tariff letters (or posting them on social media). However, the market does not seem to be interested in this at all at the moment.
Meme coins Bonk (BONK), Dogwifhat (WIF), and Floki (FLOKI) are positioned to extend gains as the weekly recovery reaches crucial resistance levels. The meme coins gain bullish momentum on the back of Bitcoin’s (BTC) recovery run, hitting a new all-time high on Thursday.