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Bitcoin takes back seat as Trump, Bukele focus on trade and immigration

Coin Telegraph LogoCoin Telegraph1d ago

Bitcoin takes back seat as Trump, Bukele focus on trade and immigration - Coin Telegraph

Quick Summary:

Trump also addressed the ongoing trade war unleashed by his administration on April 2, suggesting a potential temporary exemption for automakers aimed at easing the transition of their supply chains.“I’m looking at something to help some of the car companies with it,” Trump told reporters present at the meeting, adding that the US auto industry “need[s] a little bit of time” to relocate production to the country. The meeting did not touch on digital assets and Bitcoin (BTC) policy — a flagship initiative of both presidents’ administrations. El Salvador adopted Bitcoin as legal tender in 2021, pioneering the Bitcoin strategic reserve approach later followed by Trump.

Pressing issues of migration and bilateral security cooperation set the tone of Bukele's first official meeting at the White House during Trump's second term. According to a livestream shared by Bukele’s office on X, Trump raised the possibility of transferring US citizens convicted of crimes to prisons in El Salvador, urging Bukele to expand the country’s prison system to house more prisoners.“I said homegrowns are next, the homegrowns.

US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda.

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Article Details

Author / Journalist: Cointelegraph by Ana Paula Pereira

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 23:12:44 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27886044

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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