FameEX Morning Crypto News Recap | March 27, 2025
2025-03-27 03:07:57Trump Imposes 25% Tariff on Cars Manufactured Outside the U.S.
President Trump introduced a 25% tariff on all foreign-made cars, projected to generate $100 billion annually. Experts caution the move could increase prices for both imported and domestic vehicles.
Trump to Announce Country-Specific Tariffs Next Week
President Trump announced on March 27 that reciprocal tariffs on all countries will begin next week, with rates set lower than originally anticipated in earlier discussions.
White House Director Predicts AI Agents Will Power the Biggest Tech Transformation Yet
On March 27, David Sacks, White House Crypto and AI Director, stated on X that AI agents will become the greatest technological wave in history.
U.S. Senate Passes Bill to Overturn Biden’s Crypto Tax Rules, Heads to Trump for Approval
The U.S. Senate voted 70–28 to repeal late-term Biden-era crypto tax rules. The resolution now heads to President Trump, who will decide whether to approve or reject the repeal measure.
Goldman Sachs Cautions Trump’s Tariff Strategy Could Unleash Market Turbulence
Trump will announce a reciprocal tariff policy on April 2. Goldman Sachs warns the actual tariffs could double market expectations, potentially sparking sharp market volatility.
GameStop Plans $1.3 Billion Private Sale of Convertible Notes
GameStop aims to raise $1.3 billion via a private placement of convertible senior notes due 2030, with an option for $200 million more. Funds will support general corporate purposes, including potential Bitcoin acquisitions as part of its broader financial strategy.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.