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On August 25, the Canadian government will announce a countermeasure plan against the latest US tariff measures on Tuesday local time. The Canadian Finance Minister and other senior officials will hold a press conference in Ottawa. Previously, the US imposed a 50% tariff on a large number of Canadian goods starting Saturday, following the breakdown of trade negotiations between the two countries. Canadian Prime Minister Mark Carney had previously stated that Canada was prepared to take 'tit-for-tat' countermeasures, but on Monday indicated that considering the US economy's size is much larger than Canada's, the final plan may adopt more targeted measures rather than a comprehensive reciprocal tariff. Carney stated that the conditions proposed by the US in the final stages of negotiations were 'unfair and not in line with economic interests.' Meanwhile, rhetoric from both sides continues to escalate. Ontario Premier Doug Ford publicly criticized Trump, while Trump warned that if Canada does not 'cave in,' it will face 'worse consequences.' On Tuesday, Trump further escalated his rhetoric, even threatening to rename Lake Ontario to 'Lake America.' The market is paying close attention to the specific scope of Canada's countermeasures, especially in core trade areas such as automobiles, steel, aluminum, and others. If both sides continue to expand the scope of tariffs, US-Canada trade relations may further deteriorate, increasing pressure on North American supply chains and inflation.

On August 25, digital asset investment firm Hivemind Digital Group announced the completion of a $17 million strategic financing round, led by UK asset management company M&G Investments. Other participants included CPIC Investment Management (Hong Kong), ZA Bank, FalconX, and Sonic Boom Ventures. The funds will be used to advance the construction of asset tokenization infrastructure and explore the application of blockchain technology in traditional financial asset management, issuance, and trading.

On August 25, digital asset investment firm Hivemind Digital Group announced the completion of a $17 million strategic financing round, led by UK asset management company M&G Investments. Other participants included CPIC Investment Management (Hong Kong), ZA Bank, FalconX, and Sonic Boom Ventures. The funds will be used to advance the construction of asset tokenization infrastructure and explore the application of blockchain technology in traditional financial asset management, issuance, and trading.