Trump, Global and tariff
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President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
“Other countries routinely use tariffs to advance their foreign policy and national security interests, and President Trump is committed to using every tool at his disposal—including access to the American economy, the world’s biggest and best consumer market—to put Americans and America First,” said White House spokesman Kush Desai.
Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
Former Vice President Mike Pence criticized Donald Trump’s tariff agenda, saying it was a starkly different approach to trade from his first term that would harm American consumers and businesses.Pence told Bloomberg Television on Thursday that the tariffs enacted during Trump’s first presidency,
"Deeply regrettable" is how Japanese Prime Minister Shigeru Ishiba has described US President Donald Trump's latest tariff threat - a 25% levy on Japanese goods. Tokyo, a long-time US ally, has been trying hard to avoid exactly this.
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Mediaite on MSNBrazil’s President Flatly Rejects Trump’s Demand to Drop Bolsonaro CaseLula issued a rebuke to Trump’s trade tariffs and firmly refused his demand that the case against the Brazil's former president Jair Bolsonaro be dropped. The post Brazil’s President Flatly Rejects Trump’s Demand to Drop Bolsonaro Case first appeared on Mediaite.
As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be