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World Liberty Financial says stablecoin success refutes Trump cronyism charge

The CEO of Trump-linked World Liberty Financial said the company offers real utility and operates independently of political influence, refuting allegations of potential conflicts of interest. The crypto venture, launched in 2024 by President Donald Trump, his sons and associates, operates the USD1 stablecoin and recently received conditional approval for a national trust-bank charter, allowing...
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Canada to retaliate against Trump tariffs

Canada is poised to announce new tariffs on U.S. goods Tuesday in retaliation for the 50% duties that President Donald Trump imposed after a breakdown in trade talks, Canadian trade minister Dominic LeBlanc told CNBC. “Our preference was not to do that,” LeBlanc said on “Squawk Box” after confirming Canada’s intention to unveil the new...
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5 things to know before the stock market opens Tuesday

1. Economic offense U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Trump administration went on economic offense yesterday, threatening higher tariffs on Canada and launching a global sanctions plan targeting...
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