El Salvador became the first country to adopt Bitcoin as legal tender, and asked the World Bank to help Bitcoin implemention. But the internaional lender rejected a request from El Salvador. El Salvador’s Finance Minister Alejandro Zelaya said that the country had asked the World Bank for technical assistance.
US President Donald Trump has signed an executive order to extend the tariff truce with China for an additional 90 days, preventing the rise of US tariffs on Chinese goods from 30% to 145%. The extension postpones the tariff increase that was set to take effect. US and Chinese delegations have held multiple meetings in Geneva, London, and Stockholm this year to address the ongoing trade tensions between the two countries.
TR