The US puppet president of Ecuador announces a 27% tariff on Mexico. Noboa has ordered the militarization of ports and borders but its his security forces that are working with the cartels.
lol
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The US puppet president of Ecuador announces a 27% tariff on Mexico. Noboa has ordered the militarization of ports and borders but its his security forces that are working with the cartels.
lol
Trump agrees to postpone Canada and Mexico tariffs by one month - The Guardian
President delays threatened 25% tariffs on US neighbors but China still to face 10% levy on exports to US from Tuesday. Donald Trump has pulled back from the brink of a trade war with Canada and Mexico, postponing sweeping new US tariffs on goods from its two closest economic partners by one month.
It is the third time in two weeks the US president has delayed his threatened 25% tariffs on the two countries. China is still set to face additional 10% levy on its exports to the US from Tuesday. Following talks with the Canadian prime minister, Justin Trudeau, and the Mexican president, Claudia Sheinbaum, on Monday, Trump agreed to hold off from imposing new duties on the two countries.
The agreements came on a day of extreme volatility in global financial markets as rattled investors reacted to the prospect of a dramatically escalating dispute involving the world’s largest economies. The US president had upended US-Mexico ties over the weekend when he announced 25% tariffs and accused Sheinbaum’s administration of engaging in an “intolerable alliance” with Mexican crime groups.
Sheinbaum rejected that “slanderous” accusation, but on Monday morning struck a softer note as she announced “a series of agreements” with Trump after a conversation between the two leaders during which they agreed to pause US tariffs for a month to allow for fresh negotiations. Mexico had agreed to send 10,000 members of its national guard “to prevent drug trafficking from Mexico to the US, in particular of fentanyl”, Sheinbaum said. In return, the US had agreed to work to prevent high-powered weapons crossing the border into Mexico.
Trump confirmed the deal shortly afterwards on his Truth Social network. He said 10,000 Mexican soldiers would be “specifically designated to stop the flow of fentanyl, and illegal migrants into our country”. Negotiations involving senior Mexican officials, the US secretary of state, Marco Rubio, the US treasury secretary, Scott Bessent, and the US commerce secretary, Howard Lutnick, would take place during the pause, he said.
Following two calls with Trump on Monday, Trudeau announced that tariffs would be “paused” for 30 days. “Canada is implementing our $1.3bn border plan – reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl,” he said in a statement. “Nearly 10,000 frontline personnel are and will be working on protecting the border.”
Late last year, Trump threatened to impose tariffs on Canada, Mexico and China on the first day of his presidency. From the first day of his presidency, he said he would do so from 1 February. This weekend, he said they would kick in from 4 February. They have now been delayed until March. Economists have warned Trump’s planned wave of tariffs would risk raising prices for millions of Americans, just weeks after he pledged, upon taking office, to “rapidly” bring them down.
On Monday, however, Trump maintained that tariffs were a “very powerful” means of both strengthening the US economically and “getting everything else you want”. He had conceded over the weekend that they could cause “a little pain” in the US. Markets sold off sharply worldwide in response to what has been described as a “Trump tariff tantrum” before recovering some of their losses after news broke of the deal with Mexico. Wall Street fell in early trading, with the S&P 500 down almost 2%. Share prices in Europe followed a sharp move lower in Asia.
Becoming increasingly clear Trump has no idea what he's doing and got no meaningful concessions from Canada (as there's no "meaningful concessions" to get in the first place, Canada is already a resource colony/lapdog of the US). Bruv just loves the game of tariffs and deals. Not sure what the point of this charade was.
1- Trump says something stupid
2- His opponent responses
3- The market panics
4- Rich people buy the dips
5- ''Negotiation'' comes to something
6- Market normalized its price
7- Profit.
8- repeat in the next month
It do be like that sometime
What are the short term and long term ramifications of the US sovereign wealth fund? Is this just another step in privatisation of every aspect of American life or is it something more?
To me, this seems like a way to go around congress when it comes to funding allocation: move tariff revenues and "cost-savings" from federal fund impoundment to a fund and then use it to pay for presidential priorities/graft.
And Suddenly , there is silence.
no Pictures of Protestors in Russias Periphery kissing in front of the Police .
no Nafo Trolls
No concerned Tik Tokers "we need to talk about X Country, okay: so the Leader is like super corrupt and payed by russia , and people! are! sick! of! it!.. "
No Argument on Hexbear if the Protest in Slowanigorgiazyprus that they heard about from Reddit , might be legit or not..( No ,we didnt learn , dont you worry , Slowanigorgiazyprus - protest is just not on reddit anymore)
So musk using DOJ as personal attack dogs
One last warning for you: late last week, we indicted an economist who worked at the Fed for economic espionage for the Communist Chinese.