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#tariffs

423 posts269 participants2 posts today

Lula Stands Firm: “No Gringo Will Give Orders to This President” Amid U.S. Tariff Aggression - teleSUR English - telesurenglish.net/lula-stands Brazilian President Luiz Inácio Lula da Silva rejects U.S. President Donald Trump’s 50% tariffs on Brazilian goods, condemns foreign interference, and pledges to defend Brazil’s sovereignty and economic interests with dignity.

"The number of companies at the greatest risk of defaulting are at an 11-month high, as uncertainty around US trade and tariffs worsened credit conditions, according to a Moody’s Ratings report. In the second quarter, 16 companies were added to the cohort of businesses with the highest default risk, according to Moody’s. The group now stands at 241 companies, the report shows."
#economics #macroeconomics #trade #tariffs #Trumpism #Republicans #corruption #USpolitics
bloomberg.com/news/articles/20

Bloomberg · Tariff Risk Nudged More Firms Closer to Default, Moody’s SaysBy Rachel Graf

"Trump’s threat last week of 50 percent #tariffs on Brazilian exports as a way of saving his ally, former president Jair Bolsonaro, from possible imprisonment, has reshuffled Brazil’s political landscape, giving Pres. Luiz Inácio Lula da Silva an unexpected boost":
nytimes.com/2025/07/17/world/a
#politics #JustSayNoToTrump

President Luiz Inácio Lula da Silva of Brazil has seen a surge in popularity after confronting President Trump over tariffs.
The New York Times · Trump’s Brazil Tariff Threats Rekindle Support for President LulaBy Ana Ionova
Continued thread

“Things are happening at this exact moment,” he said, referring to sanctions against Moraes. “Decisions are being made.”

Standing next to him in the video was Paulo Figueiredo, a #FarRight Brazilian #influencer who has been charged with taking part in the alleged #coup plot.

Figueiredo said #sanctions on “allies & supporters” of Justice Moraes were also discussed. #Trump’s #tariffs, he said, were “the beginning of a journey that could be dark for #Brazil.”

Great #EV pullback has begun
#Automakers are canceling or delaying new #electricvehicle amid political whiplash after signing of Trump’s EV-tax-break-killing budget bill.
President Trump’s #tariffs aren’t helping much, nor is recent passage of his $3.4 trillion #bigbeautifullbill, which takes sledgehammer to most EV incentive programs. And Trump’s decision to reverse tougher #emissions rules passed under former President Joe Biden is just icing on pretty unappetizing cake
theverge.com/electric-cars/700

Illustration of electric vehicles charging
The Verge · The great EV pullback has begunBy Andrew J. Hawkins

This guy nails it!

"If these voters decide Trump will break their trust to protect whatever is in the so-called Epstein files, they might start to wonder whether Trump has been lying to them about other things to protect his powerful and wealthy friends — while their lives get worse each day.

Who benefits from massive tax cuts? Who is really paying the cost of Trump’s tariffs, and whom does the ever-changing, chaotic timeline of their announcement serve? Who will face the pain of Medicaid cuts? Who is responsible for rising inflation?"

washingtonpost.com/opinions/20
#trump #epstein #taxtherich #tariffs #Medicaid #inflation #qanon

The Washington Post · Democrats finally found an anti-Trump argument that worksBy Pat Dennis

Federal Reserve Board member Adriana Kugler said tariffs are beginning to push up consumer prices, supporting a continued rate hold to curb inflation, as inflation remains above the Fed's 2% target and further price pressures are expected.
#YonhapInfomax #FederalReserve #AdrianaKugler #Tariffs #Inflation #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV