Morning Brew Daily Bitcoin Soars Past $120K & Delta’s Clever Way to Dodge Tariffs
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Jul 15, 2025 Bitcoin has skyrocketed past $120,000, coinciding with Crypto Week's legislative efforts in Washington. Delta Airlines is cleverly dodging tariffs on new aircraft parts, showcasing a trend in tariff engineering. Meanwhile, Kraft Heinz is considering a breakup after a failed merger. In the luxury sector, the rise of 'super fakes' poses a serious challenge, as high-quality counterfeits become nearly indistinguishable from the real deal, prompting brands to innovate in detection technology.
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Crypto Week Boosts Bitcoin
- Crypto Week in Washington is boosting Bitcoin's legitimacy and price, now surpassing $120,000.
- Congressional legislation aims to clarify crypto regulation, fueling institutional adoption and market growth.
Clever Tariff Avoidance Tactics
- Companies use tariff engineering, like Delta stripping engines to avoid aircraft tariffs imposed by the Trump administration.
- Many firms creatively reclassify products to reduce tariff costs, demonstrating corporate ingenuity under trade constraints.
Factories Move from China to Vietnam
- Factories shift production from China to Vietnam to benefit from lower tariffs under new trade deals.
- Governments ramp up enforcement against illegal tariff evasion as revenue depends heavily on customs duties.