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Ford Suspends Shipments to China Amid US Trade War

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In what is a major development for the company, Ford has announced that it is halting shipments of certain vehicles to China amid a brewing trade war with the US. Indeed, the automaker is suspending shipments of its F-150 and other models to the country as tensions between both nations rise. The arrival of the United States’ Liberation Day tariff plan has seen concerns of a trade war persist in recent weeks. Moreover, Ford’s decision to cease its shipments came just a day after the company issued a memo warning that it would consider raising prices if both nations’ import duty increases remained. JUST IN: Ford suspends shipments of F-150 trucks and other cars to China. pic.twitter.com/WvZcasq6xZ — Watcher.Guru (@WatcherGuru) April 18, 2025 Also Read: China Imports Record Amounts of Canadian Oil, Cuts US Purchases Ford Halting Shipments of F-150s, Other Vehicles to China Amid Retaliatory Tariffs In recent weeks, tension between the United States and China has reached a...

JPMorgan CEO Calls Bitcoin a 'Ponzi Scheme' With No Value

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In a rather surprising statement from the executive, JPMorgan Chase CEO Jamie Dimon recently called Bitcoin a “Ponzi scheme,” while sharing his belief that the asset has “no intrinsic value” in a CBS interview. Indeed, Dimon’s recent statements came as BTC has fallen below $90,000 in a rather surprising drop. Dimon has long been a critic of the value of Bitcoin specifically. Although he has also reassured his belief in cryptocurrencies as a concept, he has not shared the same faith in BTC, calling the project nothing more than a “pet rock.” JUST IN: JPMorgan Chase CEO Jamie Dimon says Bitcoin is "a Ponzi scheme" that "has no intrinsic value." — Watcher.Guru (@WatcherGuru) January 13, 2025 Also Read: JPMorgan CEO Warns of US Economic Crisis as BRICS Power Grows JPMorgan CEO Blasts Bitcoin, Calls BTC a “Ponzi Scheme” It has certainly been a monumental twelve months for the cryptocurrency market. Not only has the asset class thrived, bu...

How Much Is A $1,000 Bitcoin Purchase Worth Since JPMorgan

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Bitcoin (BTC) has grown immensely since its origin. But the road to success wasn’t easy for the king coin. Over the years, the world’s largest cryptocurrency has been subject to immense hate and criticism. While some called it a scam, a few others saw it as an instrument that criminals employ. Amidst the numerous hate comments, JPMorgan’s CEO Jaimie Dimon had previously called BTC “worthless.” Also Read: Can Shiba Inu (SHIB) Hit 1 Cent Before 2025? Bitcoin’s Journey From “Worthless” Tag To Price Surge Predictions Surprisingly, this statement wasn’t made too long ago and was, in fact, during the king coin’s previous peak. According to data, this statement was made in October 2021. During this time, the asset was trading at $54,771.58. This level isn’t too far from its all-time high of $73,750.07. Currently, BTC is trading 12% below this peak. At press time, Bitcoin was trading at $64,663.17, following a 3% rise over the pa...