Trump, Tariff
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Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”
The U.S. president has threatened a 10 percent tariff on any country aligned with the BRICS bloc, a potential blow to Russia.
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ASX shrugs off latest Trump tariff threats, Bitcoin hits new record highDonald Trump says he plans to increase blanket tariffs to 15 or 20 per cent on goods imported by the United States' trading partners. But it appears 'tariff fatigue' is setting in as the Australian dollar and share market largely ignore the US President's latest remarks.
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The Western Journal on MSNTrump Issues Threat to Russia, China, Other BRICS Countries: 'There Will Be No Exceptions'U.S. President Donald Trump on Sunday threatened to impose additional tariffs on any group linked with the BRICS intergovernmental organization after the group expressed "serious concerns" about him unilaterally imposing tariffs.
The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.
President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.