🚀 Impact of Trump's tarrif proposals

In partnership with

Take a demo, get a Blackstone Griddle

Financial operations heating up? BILL Spend & Expense can help you take control. Automate expense reports, set budgets across teams, and get real-time insights into company spend. Take a demo to learn how and we'll give you a 28" Blackstone Omnivore Griddle—so you can take control of your next barbecue, too.

Request a demo

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Donald Trump's proposal to impose 100% tariffs on countries that move away from the U.S. dollar could create a "lose-lose" scenario for both the U.S. and China, according to Hao Hong, partner and chief economist at GROW Investment Group. During a rally in Wisconsin, Trump vowed to maintain the dollar's global dominance by penalizing countries that abandon it. While this tactic aims to reinforce the dollar’s reserve currency status, Hong argued that such tariffs would exacerbate U.S. inflation and harm Chinese exports, which are already facing challenges. Analysts warn this strategy may ultimately hurt both economies.

2. Huawei has garnered significant attention for its new trifold Mate XT smartphone, accumulating over 2.7 million pre-orders within just two days, as revealed by its website. The Chinese tech giant's pre-orders began on Saturday, ahead of Apple's iPhone 16 launch. While Huawei has not disclosed the Mate XT's price, sales are set to begin on September 20. In the second quarter of 2024, Huawei ranked fourth in China's smartphone market with 10.6 million shipments, surpassing Apple's 10 million in the first quarter.

3. Raise Venture Capital in 2024. Get the course helping top founders raise venture capital. The materials in this course are used by founders pitching a16z, Sequoia, YC and more while raising tens of millions! Get the course now for just $199. *

4. Headlines

   1. Waffle House CEO Walth Ehmer passed away over the weekend.

   2. Air Canada is preparing to shut down operations due to a labour dispute.

   _{* This is sponsored content.}

Whiskey: A Hedge Against Market Volatility

Looking to protect your portfolio from the next recession?

Consider investing in rare spirits like whiskey.

Whiskey investing provides a proven hedge against stock market dips driven by inflation and other factors.

With Vinovest, you can invest in high-growth segments such as American Single Malt, emerging Scotch, Bourbon, and Irish whiskey. Thanks to established industry relationships, Vinovest overcomes industry barriers that have made historically whiskey investing expensive and opaque. As a result, you can enjoy high-quality inventory that boosts your portfolio value and enhances liquidity.

Schedule a call with a Vinovest advisor to learn more.

Are you looking to grow your business? Here is how I can help:

📢Promote your startup to 2,000+ VCs including investors from a16z, YC, Techstars, Rarebreed, Sequoia and more.

📱Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

📺 Access FundraiseOS, the ultimate fundraising course with video lessons and practical worksheets helping with everything from deciding how much to raise to understanding a term sheet.

💸Promote your product or service to 100,000+ entrepreneurs.

🌐 Connect with me on LinkedIn or X (formerly Twitter) to get access to new content about startups, fundraising, venture capital, and more every day.

Onwards and Upwards,

Liam Gill

Daily News for Curious Minds

“I stopped watching the news, so sick of the bias. Was searching for an alternative that would just tell me WHAT happened, with NO editorializing. I found it. It’s called 1440. It assumes you are smart enough to form your own opinions.”

Sign up now!