Lookonchain APP

App Store

CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

2025.04.16 12:40:33

On April 16th, CBS News, citing multiple sources, stated that although the White House has been attempting to claim that Trump administration officials have been unified on U.S. tariff policy, internal differences over the policy had emerged weeks prior to Trump signing the so-called "reciprocal tariff" executive order on April 2nd. A senior Trump adviser was reported to have warned in private conversations that some tariff proposals could have a catastrophic impact on global financial markets and send the U.S. economy into a downward spiral. CBS reported that U.S. Treasury Secretary Scott Bennett and Trump's trade and manufacturing policy adviser Peter Navarro had a confrontation in late March in the office of White House Chief of Staff Susan Wells. According to multiple sources, Navarro advocated for a uniform 25% tariff on $3 trillion worth of imported goods, while Bennett, a former Wall Street investor, warned that this move would trigger market turmoil and outlined various risk scenarios. The report said that there was constantly heated rhetoric being exchanged.
Relevant content

Strategy increased its holdings by 1,550 bitcoins last week.

June 8 — Strategy Inc. announced it acquired 1,550 bitcoins worth $101.3 million, with the purchase of the digital assets spanning June 1 through June 7, 2026.

1 seconds ago

Analysis Suggests Bitcoin's Worst Phase May Be Coming to an End, Key On-Chain Metrics Approaching Historical Lows Range

June 8th Crypto Flash Update: Bitcoin’s critical on-chain indicator—the MVRV Z-Score—is approaching historical bear market bottom territory, suggesting the asset’s market price is closing in on its on-chain realized value, and the worst of this downturn could be drawing to a close. Data shows Bitcoin’s current MVRV Z-Score sits at 0.24, hovering near the zero line that’s long been framed as crypto’s “green accumulation zone.” In past bear cycles—including 2011–2012, 2014, 2018, and 2022—this indicator dropped to near (or even briefly below) zero before hitting a bottom and kicking off new uptrends. For context: The MVRV Z-Score measures the gap between Bitcoin’s current market capitalization and its realized value. When the market price sits far above realized value, Bitcoin is considered overvalued; when it’s near or below realized value, the asset is in an undervalued zone. That said, analysts caution an absolute market bottom hasn’t quite formed yet. On-chain data reveals the sho

1 seconds ago

Hwang Ren-heung: Nvidia's Cooperation with SK Hynix and SK Telecom Expected to Bring Billions of Dollars in Business Opportunities to South Korea

On June 8, NVIDIA CEO Jensen Huang stated that the tech giant’s collaboration with SK Hynix and SK Telecom is projected to generate billions of dollars in business opportunities for South Korea. Huang added that as AI infrastructure construction advances and demand for AI chips, memory, and communication technology grows, NVIDIA’s deep partnership with South Korean tech firms will act as a key driver for the development of South Korea’s AI industry—potentially creating substantial economic value. Currently, SKHYNIX perpetual contracts trade on Binance at $1,364, with a 24-hour trading volume of $2.53 billion and a 6.04% 24-hour gain. On trade.xyz, a trading platform in the Hyperliquid ecosystem, SKHYNIX perpetual contracts are priced at $1,349, with a 24-hour trading volume of $1.51 billion and a 6.35% 24-hour gain.

1 seconds ago

Strive increased its Bitcoin holdings last week by acquiring 32 BTC at an average price of $63,911 each.

On June 8, Strive acquired 32 bitcoins between June 2 and June 7, 2026, at an average price of $63,911 each.

1 seconds ago

The United Nations Development Programme Establishes Blockchain Advisory Board, with Participation from Various Public Chain Foundations and Cryptocurrency Institutions

June 8, the United Nations Development Programme (UNDP) announced the launch of its Blockchain Advisory Group, designed to advance the use of blockchain technology in global development efforts and public service delivery. Members of the advisory group include the Algorand Foundation, Arbitrum Foundation, Avalanche Foundation, Cardano Foundation, Ethereum Foundation, Stellar Foundation, and Sui Foundation, plus industry organizations such as Kraken and Cointelegraph. This UNDP action deepens collaboration between the UN system and the blockchain sector, marking a further step toward exploring applications of digital technology in key areas: financial inclusion, identity authentication, supply chain transparency, and sustainable development.

1 seconds ago

NVIDIA and Hyundai to Expand AI Robot Partnership, Advance Humanoid Robot Commercialization

On June 8, NVIDIA and Hyundai Motor Group announced an expansion of their collaboration in physical AI and robotics. Following a meeting in Seoul, the two companies stated they will leverage Hyundai’s manufacturing capabilities to move robotic technology from the research and development (R&D) stage to full-scale factory deployment. According to reports, NVIDIA CEO Jensen Huang and Hyundai Motor Group Chairman Chung Euisun focused on Hyundai’s Atlas humanoid robot project and the roughly 90 trillion won investment in the new Saemangeum development plan. This initiative will cover AI data centers, the robotics industry, and hydrogen infrastructure construction. Huang called this plan the "AI Valley" and noted that both parties aim to accelerate the commercialization of the robotics sector by combining NVIDIA’s AI technology with Hyundai’s manufacturing know-how. --------------------------------- Click the link to the original article below to join BlockBeats’ Feishu AI News Channel,

1 seconds ago