The US President Donald Trump was on April 14th within the White House within the White House of El Salvador's President Nayib Bukele.
Urgent questions of migration and bilateral security cooperation stated the tone of Bukele's first official meeting within the White House throughout the second term of Trump.
According to a livestream divided by Bukele's office on X, Trump gave the chance to have convicted US residents for crimes in El Salvador and asked Bukele to expand the country's prison system to more prisoners. “I said the locals are next, the locals. You must construct five places.”
Source: Noitle Bukele
Since taking office, the Trump government has deprived a whole lot of alleged foreign criminals in response to El Salvador as a part of $ 6 million between the countries.
Trump also handled the continuing trade war, which was unleashed by his administration on April 2, which indicates a possible temporary liberation for automobile manufacturers who loosened the transition of its supply chains.
“I applied for something to assist a number of the automotive corporations”[s] A bit of time ”to maneuver production to the country.
The meeting has not touched the rules for digital assets and Bitcoin (BTC) – a flagship initiative for each presidential administrations.
El Salvador accepted Bitcoin as a legal offer in 2021 and later headed the Bitcoin Strategic Reserve approach, followed by Trump.
The US President positioned himself as a professional crypto candidate throughout the 2024 election. On March 6, Trump signed an executive order to create a Bitcoin Strategic Reserve and Digital Asset Stockpile within the USA.
The United States has almost 198,000 BTC price over 17 billion US dollars from March. The reserve mainly consists of Bitcoin, that are confiscated in criminals and civil cases, including significant amounts from the cases of silk roads and bitfinex hack.
El Salvador's BTC plans are faced with the IMF opposition
In December, El Salvador signed a loan agreement of $ 1.4 billion with the International Monetary Fund (IMF), which included obligations for the processing of Bitcoin-related initiatives and the reduction of the participation of the general public sector in digital assets.
While the Salvadoran Congress modified its Bitcoin laws in January for compliance with the business, the federal government continued its day by day purchases from BTC. The country's tracker currently shows 6,147.18 BTC, which has around 520.7 million dollars price around 520.7 million dollars on this letter.
