Trump solves tariffs for peace rather than a trade war

US President Donald Trump meets with NATO Secretary General Mark Rute (L) at the White House Oval in Washington, July 14, 2025.

Andrew Cabalera-Rinold | AFP | Gets the image

Here is the tariff we can fall behind. At the White House meeting on Monday with NATO Secretary General Mark Rute, US President Donald Trump said he would introduce “tariffs about 100%” on Russia’s trading partners if the Kremlin does not reach the transaction to stop the invasion of Ukraine in 50 days.

In particular, punitive measures will be implemented as “secondary tariffs,” Trump said. Unlike the usual Trump tariffs in accordance countries and subjects that buy Russia exports.

While these steps were intended to weaken the Russian economy, they run the risk of raising the anger of other countries. According to data From the International Mall in 2024, the largest in Russia was oil, and its largest buyers were China, India and Turkey. This means these countries are among others – If they do not switch their purchase models.

Given this, refreshingly thinking about tariffs is not as a weapon in a trade war (even if damage can be laid) but used for peace.

What do you need to know today

Trump faces 100% tariffs for Russian export buyers. US president said it would be Impose “secondary tariffs” in Moscow If the country does not end its war on Ukraine in 50 days.

US stocks are exacerbated even after new tariff threats. All major American indices Posted soft income on Monday State. A Stoxx Europe 600 decreased by 0.06%but London FTSE 100 closed by 0.64% above to Click on record high.

Buying “patriotism” suppresses inflation. Kevin Hassett, Director of the US National Economic Council, suggested that tariffs do not force prices because they are rising because Americans buy domestic products.

Elon Musk does not support the merger of Tesla-Xai. Technological billionaire – Reply in a negative issue regarding a potential transaction. Musk, however, – Note he Backup Tesla invest in xaiAnd the shareholders will vote.

(Pro) Tesla supplier has potential outside battery. Modern AMPEREX technology is also known as Catsupplies battery batteries to large electric companies. Analysts believe the company may also be “Software Ecosystem provider.”

And finally …

On May 15, 2025, the products were seen in the Walmart supermarket in Houston, Texas.

Ronaldo Schemidt | AFP | Gets the image

The inflation report on Tuesday should represent tips on tariffs on prices

In June, the inflation report will be considered not so much for what they show title numbers than what is in basic data, especially or starting tariffs.

“I look at Autos, and I look at the clothes, and the reading last month was very low for both of them, which is very counterinarily to what you could,” said Chris Hodge, heading the American economist in Natixis Cib Americas. “These are two sectors that are very sensitive to the increase in tariffs.”

– Jeff Cox

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