olive

ChainCatcher news, according to relevant media reports, Canada will eliminate retaliatory tariffs on many American products that comply with the existing North American trade agreement, aiming to ease tensions with the White House. Canadian Prime Minister Mark Carney is expected to announce this decision after a cabinet meeting on Friday. According to sources familiar with the matter who requested anonymity, the government will adjust its tariff policy to align more closely with U.S. measures.This means that as long as they comply with the provisions of the USMCA, many American consumer goods will no longer face a 25% tariff when exported to Canada. However, the Canadian government may maintain the 25% import tariff on U.S. steel and aluminum products, as well as tariffs on American automobiles. U.S. President Trump has imposed tariffs on these industries.

According to ChainCatcher news, citing Politico, the European Commission has abandoned its plan to tax digital companies, marking a significant victory for U.S. President Trump and American tech giants like Apple (AAPL.O) and Meta Platforms (META.O). Documents show that as U.S.-European trade negotiations enter the final sprint, Brussels has removed the digital tax option from its seven-year fiscal plan that was set to launch in 2028.Senior EU officials are engaged in critical negotiations over the budget plan, with only a few days left before the budget proposal is announced. This policy shift represents a major change for the EU—back in May, the budget documents discussed by the 27 EU commissioners included the idea of repaying EU debt through taxes on tech giants. This abrupt turn may be a strategic move by the EU.Currently, the EU is eager to secure favorable trade terms with the U.S., while Trump had previously threatened to impose retaliatory tariffs on Canada in response to its digital tax policy.

ChainCatcher news, CMT Digital research analyst Oliver Jaros has confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. CMT Digital is a subsidiary of CMT Group, focusing on blockchain technology and digital asset venture capital.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by SoSo Value. The conference aims to bring together elites in the Web3 field to exchange insights on the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight rankings, objectively selecting influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, the LSD protocol Puffer Finance announced on social media that it has reached a partnership with the blockchain Olive, which features native staking and re-staking yields. As part of this collaboration, 1% of the total supply of Olive tokens will be allocated to the Puffer community.The specifics are as follows: 20% of the tokens will be allocated to all pufETH holders; 80% will be reserved for new pufETH holders on the Olive chain.In addition, pufETH holders on the Olive Network will enjoy a 1.5x boost in Puffer Points.

ChainCatcher news, French olive oil producer Lamar Olive Oil has issued the first on-chain bond denominated in euro stablecoins on the DeFi on-chain bond platform Obligate on Polygon. This bond is issued in EUROe (euro stablecoin) from Finnish fintech company Membrane Finance, which is the only EU-regulated cryptocurrency stablecoin. The company stated that institutional underwriting, credit assessment, and risk monitoring are conducted by Obligate's credit rating partner Credora.Obligate is a DeFi on-chain bond platform on Polygon that helps small and medium-sized enterprises issue, track, and settle debt, using smart contracts to replace the roles of issuers and payment agents in the traditional bond issuance and settlement layer. (source link)