Trump Orders Bitcoin Reserve, Digital Asset Stockpile; US and Ukraine Plan Meeting in Saudi Arabia | NTD Good Morning (March 7)

President Donald Trump signed an order creating a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile on Thursday, a day before the White House crypto summit. Crypto czar David Sacks said it wouldn’t “cost American taxpayers a dime,” and will be funded with Bitcoin already owned by the federal government. Sacks said the reserve will serve as a “digital Fort Knox.”

U.S. and Ukrainian officials could meet again soon, this time in Saudi Arabia, as both sides push for peace talks. Meanwhile, Trump plans a high-stakes visit to secure a $1 trillion investment deal with the Saudis, while Ukrainian President Volodymyr Zelenskyy meets with Crown Prince Mohammed Bin Salman. This comes as Russia intensifies drone attacks on Ukraine’s Odesa.

Trump paused the 25 percent tariffs on goods covered by the United States–Mexico–Canada Agreement (USMCA) coming in from Mexico and Canada on Thursday. He said the delay is to protect American carmakers, and to encourage companies to move their supply chain to the United States. Trump also spoke with Canadian Prime Minister Justin Trudeau on Thursday, saying he’s still not happy with Canada’s fight against fentanyl. More than 60 percent of goods coming in from Canada and 50 percent from Mexico, not covered by the USMCA, are still facing Trump’s new tariffs.