by Brian Shilhavy, Health Impact News:
President Trump apparently put out a false post on his Truth Social platform today claiming that China was ready to cut a deal and that he was waiting for a phone call from China that initially caused the U.S. Stock Market to soar higher in early day trading, but when the White House confirmed that tariffs against China will now be 104% after midnight tonight, the Stock Market went back into a free fall and ended up in negative again today.
China shows no signs of caving in, and continues to vow to “fight to the end.”
As to Trump’s claim that Apple’s iPhone can be manufactured in the U.S., a video mocking Trump and Americans working factory jobs went viral on TikTok.
TRUTH LIVES on at https://sgtreport.tv/
Amazon.com and other online retailers are beginning to raise their prices, with some websites reportedly adding a “Trump liberation tariff” fee at checkout.
Meanwhile, Trump is requesting $1 trillion for a new defense budget, which would be the largest in U.S. history, just two months after he promised to slash the military budget in half, proving that he is not interested in balancing the budget by reducing spending, but by asking the rest of the world to fund our wars and our economy through tariffs.
Here is today’s news feed from our Telegram channel.
EU proposes to hit US with 25% retaliatory tariffs on some goods
China is not the only one vowing to fight back against Trump’s tariffs.
From Euractv:
The European Union is planning to hit the United States with tariffs of up to 25% on a range of goods, escalating a transatlantic trade war ignited by Donald Trump’s sweeping duties last week.
The European Commission will propose targeting tobacco, steel, textiles, eggs, dental floss, poultry, and numerous other US exports to the bloc, according to an internal document seen by Euractiv, and first reported by Reuters.
The draft was circulated among EU trade ministers in Luxembourg on Monday.
Bourbon, which was on the EU executive’s original list, will not be targeted after Trump threatened to hit EU wine and spirits with a 200% tariff if Brussels targeted American whiskey. This comes after heavy lobbying by Italy and France to protect their domestic industries.
The list of targeted products includes diamonds, motorbikes, luxury boats, domestic appliances, tobacco, poultry and a wide range of agricultural products. (Source.)
China is also not backing down, and may partner with the EU to fight back.
From Reuter’s:
EU’s von der Leyen urges China to ensure responsible tariff response
The president of the European Commission, Ursula von der Leyen, urged China on Tuesday to ensure a negotiated solution to problems caused by the sweeping import tariffs imposed by U.S. President Donald Trump.
In a phone call with China’s Premier Li Qiang, von der Leyen “stressed the responsibility of Europe and China, as two of the world’s largest markets, to support a strong reformed trading system, free, fair and founded on a level playing field”, her office said in a statement.
Earlier on Tuesday Beijing rebuked Trump after he announced additional 50% tariffs on Chinese imports, calling it “blackmail”.
The European Union has proposed counter-tariffs of its own to Trump’s onslaught that has swept up dozens of countries, sent financial markets into a tailspin and fuelled expectations that the global economy may be headed for recession.
“China is willing to strengthen political mutual trust with the EU,” Li said, calling on both sides to safeguard free and open trade and investment. (Source.)
Russian Flamethrowers Enable Troops to Capture Enemy Positions Without Firing One Shot
From Sputnik:
Russia has a significant advantage over NATO in terms of heavy flamethrower systems, which have proved their effectiveness during the special military operation, Bekhan Ozdoev, the industrial director of the weapons cluster at the Russian state corporation Rostec, said.
“Heavy flamethrower systems that we produce are unique weapons, which provide qualitative superiority on the battlefield. There have been situations when these systems let our troops take enemy positions without firing a single shot.
There are no comparable analogues in the world, in particular, in Western countries. We have made significant progress in this area of armaments, leaving NATO countries well behind,” Ozdoev said. (Source.)
Trump Requests Record $1 Trillion Defense Budget as War With Iran Looms
Just two months after Trump promised to slash the military budget in half, he just announced a $1 trillion increase in defense spending.
This proves that Trump is not interested in balancing the budget by reducing spending, but by asking the rest of the world to fund our wars and our economy through tariffs.
Read More @ HealthImpactNews.com
