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Showing posts with label Trump. Show all posts
Showing posts with label Trump. Show all posts

Thursday, July 31, 2025

31: Trade

The Fine Print of Trump Fascism The Trump regime is taking over every major institution in America. Here's how. ......... CBS. It’s now owned by Skydance Media. Under its Trump-appointed chairman, Brendan Carr, the Federal Communications Commission insisted, as a condition of allowing Paramount to sell CBS to Skydance, that the new owner install an “ombudsman.” ........ If Ellison does not remedy it — or if Trump believes the problem continues, regardless of what the ombudsman decides — the Trump regime can claim that CBS has reneged on its agreement, in which case Skydance’s ownership of CBS could be contested by the FCC. Its stock price would plummet. ......... this method of Trump control is indirect but powerful. ............ This mechanism of control is similar at Columbia University, whose new agreement with the Trump regime stipulates a mutually agreed-upon “monitor” who will, like CBS’s ombudsman, respond to complaints about “bias.” ........... Columbia will provide the monitor detailed information about the race of students who are admitted and rejected, including grade point averages and standardized test scores broken down by race. All data related to faculty and administrative staff hiring and promotion practices must be provided to the monitor annually, and hiring data will be subject to a “comprehensive audit.” ............ The monitor is also charged with assuring that the university establishes processes to guarantee “civil discourse, free inquiry, open debate, and the fundamental values of equality and respect.” And the monitor will review data to assure Columbia is meting out discipline without regard to a student’s immigration status. ........... the Trump regime reserves the right to open a new investigation of Columbia and possibly revoke current or future federal research funds. .......... “This is a monumental victory for conservatives who wanted to do things on these elite campuses for a long time because we had such far-left-leaning professors.” ............ It’s the same even with Wall Street. “I have been working on multiple deals where I have people inside the White House telling me what I can and can’t do,” a top dealmaker involved in mergers and acquisitions unrelated to the government recently told the Financial Times. “It’s a level of intrusion I have never experienced before.” ......... This level of intrusion inhibits public criticism of Trump, which is what Trump wants. ............ We’re now at a point in American history when a so-called Republican regime in Washington is extending its control far beyond the wildest dreams of the most left-wing of Democrats — or even socialists. ........ But this control is not exercised publicly. It’s behind the scenes. It’s found in the fine print. And it is personal. It depends on Trump’s whims. ....... This is what fascist control looks like, people.

The Media Can’t Handle the Absence of Truth And their diffidence empowers pathological liars ........... the agreement with the European Union, in which the U.S. imposed taxes on its own population while Europe made meaningless promises on investment and energy purchases ......... if a candidate said the earth was flat, the headlines would read “Views differ on shape of planet.” ........ [T]o say that the president of the U.S. is making drastic policy changes in order to cure a problem that only exists in his imagination, that’s a very difficult ........ the old Stephen Colbert line, “Reality has a well-known liberal bias.” If you report what’s really happening, it sounds liberal. ............

International economics is my home turf, so I tend to focus on how Trump has destroyed the international trading system and brought back Smoot-Hawley-level tariffs based on the assertion that other countries are taking advantage of us and blocking our exports, which is pure fantasy. But there are worse things than tariffs, and they are also being justified with completely false claims.

............. What’s worse than tariffs? Mass deportation, with masked men claiming to be government agents — who can tell? — seizing people off the street, in some cases sending them to overseas gulags. All of this is being justified with claims that Americans are being terrorized by immigrant criminals. ............

how many headlines have you seen pointing out that Trump is destroying basic civil liberties in the name of fighting a nonexistent crime wave?

............... Can you find antisemitism on college campuses? Of course, because you can find antisemitism everywhere. But I’m a lot more afraid of MAGA, which is infested with actual Nazis, than I am of a few leftist college students.

What Trump's threat to tariff Russia's trade partners means for India President Trump has announced new tariffs on India, but warned India there is more to come as punishment for buying fuel and weapons from Russia......... The United States will impose 25% tariffs on Indian goods starting in August, Trump said on social media on Wednesday. Also, he added, "they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE." He said there will be "a penalty" for that. ......... Earlier this month, Trump warned Russia to stop its war in Ukraine or else its trading partners would be hit with 100% "secondary tariffs." That came as U.S. lawmakers have been working on a bill that would allow an even tougher punishment of up to 500% tariffs. ....... India is now the biggest customer of Russian crude oil by volume, according to data from Finland-based think tank the Centre for Research on Energy and Clean Air. China remains the biggest buyer in terms of dollar amount. ......... President Trump's threat against Russia and its trade partners has been met with defiance in New Delhi. Last week, Indian Foreign Secretary Vikram Misri said there were "double standards" in Trump's threats to punish Russia's trade partners. Misri did not elaborate, but it could be a reference to

members of the European Union and others that continue to import fuel from Russia directly or indirectly.

......... During Trump's first presidency in 2019, India stopped importing oil from Iran after Trump imposed sanctions on Tehran over its nuclear program. .......... After previous Western sanctions on Moscow over its war in Ukraine, he says, Russia created a "shadow fleet" of tankers — essentially third-party intermediaries — to deliver oil to its importers. ........... India increased imports as Russia offered oil at a discounted price after the Kremlin's full-scale invasion of Ukraine in 2022. Today, more than a third of the crude oil India imports is from Moscow. But as India's petroleum minister, Hardeep Singh Puri, recently pointed out, it also imports from nearly 40 other countries. "I'm not worried at all," Puri said, referring to Trump's threat to impose secondary tariffs. "If something happens, we will deal with it." ....... "There was always a section of Indian society which said that the U.S. is India's best and most natural ally," Manur says. "But increasingly, the U.S. keeps threatening India with sanctions where they are not aligned with India's interests." ........... In recent months, many Indians were baffled by a number of the Trump administration's actions and claims. This year the U.S. has canceled Indian students' visas and deported Indian immigrants who lacked legal status in the U.S. in handcuffs. Trump contradicted India's government by claiming to have brokered a ceasefire between India and Pakistan, using trade negotiations as leverage.......... Whether or not India stops trading with Russia, there's a risk of oil costs rising. And the average Indian consumer will likely bear the brunt at a time when there's a growing body of research saying most Indians have little money for discretionary spending. ...........

"In India, parties lose elections because of onion prices, not oil."

.............

US and India launch historic joint mission that could change the way we see Earth The satellite will orbit Earth 14 times per day in order to complete scans of almost all of the planet’s ice and land surfaces twice every 12 days, detecting changes in Earth’s surface down to fractions of an inch in the process. ........ NISAR’s dual radar will collect information that could allow for a better understanding of landslides and earthquakes, and improve the monitoring of ice sheets, glaciers, permafrost, forests, wetlands and agricultural fields. The data, which will be publicly available as it is collected and downloaded from the satellite, will also be used to prepare for and respond to hurricanes, volcanic eruptions, flooding and wildfires. ........ “NISAR is an equal 50/50, partnership between NASA and ISRO,” said Wendy Edelstein, NISAR deputy project manager at NASA’s JPL, during a July 21 news conference. “These two radars work together to achieve science that neither could see on their own.” .......... The signal of each system is calibrated to features of different sizes on Earth. Shorter wavelengths in the S-band can measure small objects, like leaves and the roughness of surfaces, to monitor crops, while long wavelengths in the L-band can peer through thick tree canopies to study forest structure and even spot boulders and tree trunks. The radar systems can also take specific measurements of motion, land deformation and moisture content. .......... “We are two nations with one mission,” said Karen St. Germain, director of Earth science at NASA, during a recent news conference. “NISAR unites the US and India to study our home planet together. The collaboration, cooperation and information sharing between our two agencies is a foundation that we really look forward to continuing to build upon.” ........... Together, members of the NASA and ISRO team collaborated across 13 time zones and more than 9,000 miles (14,500 kilometers) to work on NISAR, requiring long-distance travel and many late-night and early morning video calls to build and test systems. The hardware was assembled on two different continents before being integrated in India to complete the satellite. .......... Dr. Jitendra Singh, India’s Minister for Science and Technology, said the mission is in line with Prime Minister Narendra Modi’s vision for India to become a “Vishwa Bandhu,” or a global partner that contributes to the collective good of humanity .......... “NISAR is not just a satellite; it is India’s scientific handshake with the world.”

Modi’s ‘True Friend’ Trump Deals India Another Blow With Tariff Threats India’s prime minister has made a big effort to build closer ties using his rapport with the U.S. president, but critics say he is getting little in return. ......... The much-touted bond, nurtured through platitudes and joint appearances at stadium rallies during Mr. Trump’s first term, led one television anchor sympathetic to India’s leader to coo that “they have extraordinary chemistry.” Another chipped in: “When the two of them are onstage together, it is like lightning.” .......... Mr. Trump’s announcement on Wednesday that he was slapping 25 percent tariffs on India, as well as an unspecified additional penalty for India’s economic ties to Russia, was just the latest in a series of slights. Mr. Modi has also faced a storm of criticism over the Trump administration’s treatment of India, which it has seemingly been treating as an equal to its smaller archnemesis, Pakistan. ............. “One of the attributes of Indian foreign policy in the past 20 or 25 years is that we built an equation, at the leader level and at the systemic level, with America through thick and thin, through multiple transitions,” said Ashok Malik, the chair of the India practice at The Asia Group and a former adviser to the Modi government. “That has been shaken.” .............

relations appear to be the worst since the early 1990s, “which was a very testy time.”

.......... But just days ahead of a visit for Mr. Trump’s inauguration for a second term in January, the United States deported planeloads of Indian immigrants in shackles. Images of the deportations caused a political storm at home for an image-conscious Mr. Modi, signaling from the U.S. that he should not expect Indians to be treated more sensitively than any other nationality. .......... This spring, things got worse. When India took military action against Pakistan, which it blamed for a terror attack in Kashmir that killed 26 people, it thought it could count on the U.S. to take its side. ........ Instead, President Trump, who had in the past penalized Pakistan for being a “safe haven for terrorists,” essentially treated both countries as equals. When they agreed to a cease-fire, Mr. Trump went on to repeatedly claim that he had forced the deal on New Delhi, much to the embarrassment of Mr. Modi. As the Indian leader tried to control the damage at home, Mr. Trump added salt to the wound by inviting Pakistan’s powerful army chief to lunch, a departure from established protocol. ........... Then came the tariffs. Although many countries have had to wrestle with Mr. Trump’s desire to make trade deals that favor the United States, India has not yet done so. .......... India’s exports to the United States have been growing rapidly, making the U.S. its largest trading partner. Trade in goods alone between the countries is estimated to be about $130 billion, with pharmaceuticals and electronics — including Apple’s new iPhones — among India’s major exports. .............. a major sticking point in the trade negotiations has been agriculture, which has long been a politically sensitive area for any leader in India. For Mr. Modi, it is a particular minefield — the biggest setback of his 10 years in office came in the form a prolonged farmers’ protest that choked New Delhi in 2021 and forced him to withdraw market reforms. ............ India’s agriculture sector, which half of its population of 1.4 billion still relies on, is deeply troubled, and many farmers are in debt. Opening the market to American products, by expanding quotas on almonds or apples, for example, could exacerbate the situation and make competition difficult. ......... What has particularly surprised many in India is Mr. Trump’s penalty over India’s purchases of oil and weapons from Russia. ......... In the early months of the Russian invasion of Ukraine, India faced strong pressure from the Biden administration and European countries to cut back its ties to Moscow. But over time, that pressure dwindled, and it seemed the Western governments preferred to focus on New Delhi’s potential as a counterweight to the larger threat of China. India now imports up to two million barrels of oil a day, making it the second-biggest buyer of Russian oil after China.

Wednesday, July 30, 2025

30: Trade

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

The Protocol of Greatness (novel)
A Reorganized UN: Built From Ground Up
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
World War III Is Unnecessary
Grounded Greatness: The Case For Smart Surface Transit In Future Cities
The Garden Of Last Debates (novel)
Deported (novel)
Empty Country (novel)
Trump’s Default: The Mist Of Empire (novel)

The 20% Growth Revolution: Nepal’s Path to Prosperity Through Kalkiism
Rethinking Trade: A Blueprint for a Just and Thriving Global Economy
The $500 Billion Pivot: How the India-US Alliance Can Reshape Global Trade
Trump’s Trade War
Peace For Taiwan Is Possible
Formula For Peace In Ukraine
A 2T Cut
Are We Frozen in Time?: Tech Progress, Social Stagnation
The Last Age of War, The First Age of Peace: Lord Kalki, Prophecies, and the Path to Global Redemption
AOC 2028: : The Future of American Progressivism

Tuesday, July 29, 2025

29: Trade

‘Worst-case scenario of famine’ is unfolding in Gaza, UN-backed food security initiative says

Trump got his tariff hike. The rest remains murky. He is taking a victory lap on his trade agenda after reaching deals with the EU and Japan, but it’s not clear how much countries have agreed to........ President Donald Trump is hiking global tariffs to levels not seen in a century — without triggering a major trade war. ........ The White House has claimed, triumphantly, that

the verbal agreements

the administration has reached in recent days with major trading partners like the European Union, Japan, the Philippines and others will result in major new trade opportunities for U.S. industries and unprecedented sums of foreign investment into the country. ........... the EU, Japan and other governments can’t guarantee the private-sector investments in the U.S. they have promised, and have competing interpretations of other major provisions of the deals as well. .............. The disagreements and lack of specifics — or written agreements of any kind — on the trade deals the White House has rolled out in recent weeks are raising doubts about how much Trump has really succeeded in lowering foreign barriers or drawing in foreign investment for U.S. businesses, even as he dramatically expands the protectionist policies that decades of American leaders had sought to knock down. ........... “I want to see the text and classified annexes of some of these agreements,” Sen. Thom Tillis (R-N.C.) said last week. .............

Of the six agreements Trump has reached with leading trade partners, only one is signed.

The Trump administration also reached a separate understanding with China to temporarily halt an escalating trade war, with a negotiating deadline extended to Aug. 12. ................ The one signed agreement, inked with the U.K. in May, was also light on details, with the implication that the two governments would negotiate further to implement the high-level commitments they made. .......... The terms Trump has outlined aren’t always echoed by the other party to the deals. .......... Trump indicated that Europe would be lowering its tariffs on U.S. goods to zero. But the EU later said it only applied to some products, like commercial aircraft and their components, while tariffs on industrial goods and agricultural products are still being worked out by the two countries. ........... “We strongly urge the White House to redouble its efforts to address EU policy and regulatory barriers to US digital and services trade, especially those that target US firms and treat them unfairly,” said Christine Bliss, the president of the Coalition of Services Industries, which represents Microsoft, Amazon, Google and Facebook, among other tech companies.......... Trump said Sunday that the EU would also buy “vast amounts” of American weapons worth “hundreds of billions,” but on Monday, European officials quietly clarified nothing concrete on arms had been agreed. ......... “Arms procurement is not a matter for the Commission,” one senior EU official told reporters. “This was more an expression of expectation on the part of President Trump .......... A senior European Commission official also acknowledged that the EU’s commitment to make $600 billion in new investments in the U.S. by 2028 is “based on the intentions of the private companies,” over which Brussels has no authority. And experts say it will be virtually impossible for EU member countries to purchase $750 billion in U.S. energy ................

Hitting that target would require the EU to triple its U.S. energy imports, based on last year’s figures, while asking American firms to divert all their energy flows worldwide towards the bloc instead — and then some.

............... “We don’t know the details of the agreement. … I imagine it will be somewhat general, and it will indicate a direction for further travel.” ............... There are similar questions around Japan’s pledge to invest $550 billion in the U.S., a move that Trump heralded as unprecedented. A White House official confirmed that details were still being worked out on the Japan deal. ............ That’s not exactly how Japanese Prime Minister Shigeru Ishiba described it in a press conference late last week, where he said the money would include “loans and investments” ............. “The $550 billion — we still don’t know how it looks,” Kristi Govella, Japan Chair at the Center for Strategic and International Studies, a D.C.-based think tank, said in an interview. “On the Japanese side, it seems to be described as more of a company-led endeavor that the Japanese government supports with loans and other assistance.” ............... If and when the deal is formalized in writing, it will have to win approval in Japan’s parliament, which is not guaranteed, given that the body will soon see an influx of populist lawmakers from the far-right Sanseito party, who won elections earlier this month by promising to focus on “Japanese First.” .................. “But it really depends on the details, which we don’t really have at the moment.” .......... Vietnam, meanwhile, has still not confirmed the U.S. tariff rate that Trump claimed the country agreed to in an announcement he made on social media earlier this month. The White House has yet to release details of the deal with the Philippines the president unveiled July 22, including any clarity regarding a vague promise to “work together Militarily,” as Trump posted on Truth Social. ............. The Indonesian government, meanwhile, is disputing the claim, included in a White House statement released last week, that it agreed to “remove restrictions on exports to the United States of industrial commodities, including critical minerals.” ............. Indonesia would only be exporting “processed minerals,” not the raw nickel ore itself. If true, U.S. steel industry officials say that would make the deal far less significant from their point of view. ................ “These countries made these agreements,” the White House officials said. “We expect them to abide by their commitments and if they reneg, the president reserves the ability to raise their tariffs again.” ............ and the EU promised to eliminate tariffs on U.S. cars, which should help German companies that manufacture in the U.S. .......... Over close to a century now, the U.S. kept its tariffs around 2 percent, part of a system it helped create after World War II to foster integrated global supply chains, lower prices and expand consumer choice. ................ Trump’s duties have also led to an influx of new tariff revenue — paid by the people and companies importing foreign goods (and not, as Trump regularly asserts, foreign governments) — coming into the country. In just a few months, the tariffs have brought in more than $136 billion, with the higher rates still yet to take effect. ................. Trump’s trade policies have yet to drive a surge in consumer prices ...... companies loaded up on inventory early in the year and some have thus far absorbed the costs .......... “I observed this a few months ago, that the American approach has changed,” Canadian Prime Minister Mark Carney told reporters Monday. “It is no longer an approach that hinges on integration. It’s a tariff-based approach for several sectors.”

ICE agents arrest Oregon doctor as he drops off kid at preschool Khanbabazadeh entered the U.S. on a student visa from Iran. He and his wife, who is a U.S. citizen, were interviewed by immigration authorities earlier this year as part of his process of applying for a green card, or permanent residency in the U.S. The application was all but complete and was only awaiting final approval. An ICE spokesperson claimed he had overstayed his student visa, but according to Khanbabazadeh’s wife, he’s always maintained lawful status in the U.S. .......... Rather than taking Khanbabazadeh to the nearby Portland ICE facility, they instead sent him 150 miles away to the Tacoma, Wash., detention center, making it harder for family and attorneys to gain access to him. ........ It all sounds dystopian, but the level of callous suffering being caused is only comparable to fiction for people in the quiet suburbs of Beaverton.

Who are the winners and losers in US-EU trade deal? It actually resembles the framework for an agreement rather than a full trade deal, with details still unclear. ........ with instant analysis by Capital Economics suggesting a 0.5% knock to GDP. .......... But the glowing headlines for Trump may not last long if a slew of economic data due later this week show that his radical reshaping of the US economy is backfiring......... Figures on inflation, jobs, growth and consumer confidence will give a clearer picture on whether Trump's tariffs are delivering pain or gain. ........... a 15% tariff means that a $100 product imported to the US from the EU will have a $15 dollar tax added on top - taking the total cost to the importer to $115. .......... Companies who bring foreign goods into the US have to pay the tax to the government, and they often pass some or all of the extra cost on to customers. ..............

The deal will need to be signed off by all 27 members of the EU, each of which have differing interests and levels of reliance on the export of goods to the US.

......... French Prime Minister Francois Bayrou commented: "It is a dark day when an alliance of free peoples, brought together to affirm their common values and to defend their common interests, resigns itself to submission." ......... He was joined by at least two other French government ministers as well as Viktor Orban, the Hungarian leader, who said that Trump "ate von der Leyen for breakfast". ............ even a rate of 15% would "cost the German automotive industry billions annually". .............. the pact is not all good news when it comes to domestic sales. That is down to the complex way that American cars are put together......... Many of them are actually assembled abroad - in Canada and Mexico - and Trump subjects them to a tariff of 25% when they are brought into the US. That compares with a lower tariff rate of 15% on EU vehicles. So US car makers may now fear being undercut by European manufacturers.......... "We will replace Russian gas and oil with significant purchases of US LNG [liquified natural gas], oil and nuclear fuels," said Von der Leyen.

First look at the iPhone 17 Pro? These public images confirm big design and camera upgrades
Apple’s latest MacBook Air M4 has never sold for less at $200 off, now down to $799
Trump is getting the world economy he wants — but the risk to growth could spoil his victory lap For Trump, the agreements driven by a mix of threats and cajoling, are a fulfillment of a decades-long belief in protectionism and a massive gamble that it will pay off politically and economically with American consumers. ........ But there’s no guarantee that Trump’s radical overhaul of U.S. trade policy will deliver the happy ending he’s promised. The framework agreement was exceedingly spare on details. Most trade deals require months and even years of painstaking negotiation that rise and fall on granular details. .......... a world in which U.S. import taxes — tariffs — are at the highest rates they’ve been in roughly 90 years ............. Outside economists say that high tariffs are still likely to raise prices for American consumers, dampen the Federal Reserve’s ability to lower interest rates and make the U.S. economy less efficient over time. Democrats say the middle class and poor will ultimately pay for the tariffs. ........... The U.S. president has long claimed that America erred by not taking advantage of its clout as the world’s biggest economy and erecting a wall of tariffs, in effect making other countries ante up for access to America’s massive consumer market. ......... To his closest aides, Trump’s use of tariffs has validated their trust in his skills as a negotiator and their belief that the economists who warned of downturns and inflation were wrong. .............

“Where are the ‘experts’ now?” Commerce Secretary Howard Lutnick posted on X.

............. many of the details of Trump’s trade deals remain somewhat hazy and have not been captured in writing. The U.S. and Japan, for instance, have offered differing descriptions of Japan’s agreement to invest $550 billion in the United States. .......... “The trade deals do seem to count as a qualified win for Trump, with other countries giving the U.S. favorable trade terms while accepting U.S. tariffs,” said Eswar Prasad, a Cornell University economist. “However, certain terms of the deals, such as other countries’ investments in the U.S., seem more promising in the abstract than they might prove in reality over time.” ............. Trump is also facing a court challenge from states and businesses arguing that the president overstepped his authority by declaring national emergencies to justify the tariffs on most of the world’s economies. In May, a federal court struck down those tariffs. And an appeals court, which agreed to let the government continue collecting the tariffs for now, will hear oral arguments in the case Thursday. ........... “the most likely outcome is slow growth and firm inflation,” but not a recession. .......... The administration has said the lack of auto price increases suggests that foreign producers are absorbing the costs, but it might ultimately just reflect the buildup of auto inventories to front-run the import taxes. ........ “Dealers built stocks ahead of tariff implementation, damping the immediate impact on retail prices. That cushion is starting to wear thin,” Morgan Stanley said in a separate note. “Our Japan auto analyst notes that as pre-tariff inventory clears, replacement vehicles will likely carry higher price tags.” .........

the United States’ effective tariff rate has risen to 17.5% from around 2.5% at the start of the year.......... “I wouldn’t take a victory lap,” Zandi said. “The economic damage caused by the higher tariffs will mount in the coming months.”

Donald Trump’s tariff blitz brings US levies to highest levels since 1930s
US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year
Iran’s plan to abandon GPS is about much more than technology It is yet another sign of a looming ‘tech cold war’.
‘Donaldddddd’: Foreign leaders schmooze Trump on his personal cell Trump’s personal cell diplomacy: Less briefing books, more calls and texts. ........ During his first term, President Donald Trump surprised a number of world leaders by offering his cell phone number, urging them to ditch the usual diplomatic protocols and simply call him up........ Trump’s affinity for frequent, often informal chit-chat is now a well-established aspect of his personality. And six months into his second term, world leaders, who want to remain in the president’s good graces, regularly call and text — sometimes to discuss matters of global import, sometimes just to schmooze. ........ Those leaders include French President Emmanuel Macron, Saudi Crown Prince Mohammed bin Salman and British Prime Minister Keir Starmer ......... The informality of these conversations, although hardly different from the off-the-cuff style Trump often showcases in public settings, can still be striking to aides listening on the other end of the line. A person familiar with one of the president’s conversations with Macron recalled the two leaders “bro-ing out” as they greeted one another. ......... “It was oddly amusing — Trump would say “Emmanuellllll” and really draw out the L, and then Macron would go, ‘Donaldddddd’ and draw out the D,” they recalled. “And it sort of went back and forth.” ............. One European official pointed to last month’s NATO leaders summit in the Netherlands, where Trump announced that he’d changed his mind about the alliance after meeting with cohorts he lauded as “great leaders.” He told reporters that he was departing feeling “differently” and had determined that the cause of European security was “not a rip-off.” And since then, he has agreed to authorize more defense aid for Ukraine so long as Europe foots the bill. ....... In the spring, after Mark Carney got elected largely on his promise to play hardball with Trump, Sen. Kevin Cramer (R-N.D.) urged the Canadian prime minister to just call Trump directly to work things out. .............

“Donald Trump likes that,” Cramer said at the time. “He’s flattered by direct phone calls.”

.......... In early March, Starmer used WhatsApp to message Trump as he sought to repair the breach between Trump and Ukrainian President Volodymyr Zelenskyy following their disastrous Oval Office meeting. ............. Starmer, who colleagues describe as buttoned-up at work and personable in private, understands the importance of a personal relationship with Trump and worked hard with aides on showing the president his more relaxed side, according to two people with knowledge of his foreign policy strategy............... Trump, said one of the three people familiar with the calls, often initiates calls with bin Salman, Starmer and Israeli Prime Minister Benjamin Netanyahu. ............. Once, when Starmer was meeting with Trump’s special envoy to the United Kingdom, Mark Burnett, the former “The Apprentice” executive producer dialed up Trump and handed over the phone midway through their meal. .......... The spontaneity, like most engagements with the president, is largely on his terms. Finnish President Alexander Stubb, for example, flew to Florida to play a round of golf with Trump. ........... And when Trump screenshotted and posted an effusive series of text messages from NATO Secretary General Mark Rutte on the eve of last month’s summit, crediting him for the alliance’s adoption of a new defense spending pledge, it served as a reminder to other heads of state who frequently text the president that their confidential conversations could become public. ......... On Friday when Trump was asked about Macron announcing that France will recognize Palestinian statehood amid Gaza’s continued bombardment by Israel, he shrugged it off. “He’s a very good guy, I like him,” Trump said of Macron. “But that statement doesn’t carry any weight.”

Friday, July 25, 2025

25: AI, Trump

The Protocol of Greatness (novel)
Liquid Computing: The Future of Human-Tech Symbiosis
Velocity Money: Crypto, Karma, and the End of Traditional Economics
The Next Decade of Biotech: Convergence, Innovation, and Transformation
Beyond Motion: How Robots Will Redefine The Art Of Movement
ChatGPT For Business: A Workbook
Becoming an AI-First Organization
Quantum Computing: Applications And Implications
Challenges In AI Safety
AI-Era Social Network: Reimagined for Truth, Trust & Transformation

Remote Work Productivity Hacks
How to Make Money with AI Tools
AI for Beginners

The Protocol of Greatness (novel)
Liquid Computing: The Future of Human-Tech Symbiosis
Velocity Money: Crypto, Karma, and the End of Traditional Economics
The Next Decade of Biotech: Convergence, Innovation, and Transformation
Beyond Motion: How Robots Will Redefine The Art Of Movement
ChatGPT For Business: A Workbook
Becoming an AI-First Organization
Quantum Computing: Applications And Implications
Challenges In AI Safety
AI-Era Social Network: Reimagined for Truth, Trust & Transformation

Remote Work Productivity Hacks
How to Make Money with AI Tools
AI for Beginners

The Protocol of Greatness (novel)
Liquid Computing: The Future of Human-Tech Symbiosis
Velocity Money: Crypto, Karma, and the End of Traditional Economics
The Next Decade of Biotech: Convergence, Innovation, and Transformation
Beyond Motion: How Robots Will Redefine The Art Of Movement
ChatGPT For Business: A Workbook
Becoming an AI-First Organization
Quantum Computing: Applications And Implications
Challenges In AI Safety
AI-Era Social Network: Reimagined for Truth, Trust & Transformation

Remote Work Productivity Hacks
How to Make Money with AI Tools
AI for Beginners

The Protocol of Greatness (novel)
Liquid Computing: The Future of Human-Tech Symbiosis
Velocity Money: Crypto, Karma, and the End of Traditional Economics
The Next Decade of Biotech: Convergence, Innovation, and Transformation
Beyond Motion: How Robots Will Redefine The Art Of Movement
ChatGPT For Business: A Workbook
Becoming an AI-First Organization
Quantum Computing: Applications And Implications
Challenges In AI Safety
AI-Era Social Network: Reimagined for Truth, Trust & Transformation

Remote Work Productivity Hacks
How to Make Money with AI Tools
AI for Beginners

The Protocol of Greatness (novel)
Liquid Computing: The Future of Human-Tech Symbiosis
Velocity Money: Crypto, Karma, and the End of Traditional Economics
The Next Decade of Biotech: Convergence, Innovation, and Transformation
Beyond Motion: How Robots Will Redefine The Art Of Movement
ChatGPT For Business: A Workbook
Becoming an AI-First Organization
Quantum Computing: Applications And Implications
Challenges In AI Safety
AI-Era Social Network: Reimagined for Truth, Trust & Transformation

Remote Work Productivity Hacks
How to Make Money with AI Tools
AI for Beginners