President Trump asserts that alternative measures will replace rejected tariffs, stating he has stronger tools including the authority to impose embargoes. He indicated that licenses are more effective than tariffs and expressed confidence in disrupting trade with any country. Trump also suggested potential for increased revenue and a more decisive approach moving forward.

https://x.com/arbitrum/status/2026045028846764090?s=20

💸 Over $620 million in crypto positions were liquidated in the past 24 hours, with longs accounting for roughly $524 million of the wipeout.

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🕵️ As the market drops again, Machi got completely liquidated on his $ETH and $BTC long positions but has already opened a new $ETH (25x) long position. Machi is now down over $28.8M. link