Trump is waving the definitions for peace, not a trade war

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US President Donald Trump will meet with NATO Secretary -General Mark Retty (L) in the White House in Washington, DC on July 14, 2025.

Andrew Caballero -Rynolds | AFP | Gety pictures

Here is a tariff we can leave it. At a meeting of the White House on Monday with NATO Secretary -General, Mark Retti, US President Donald Trump, said that he would provide a “100 % tariff” on commercial partners in Russia if the Kremlin does not reach an agreement to end its invasion of Ukraine in 50 days.

It is worth noting that the punitive measures will be implemented as a “secondary tariff”, Trump said. Contrary to the natural definitions of Trump, according to which a specific country slapped by imposing a tax, the secondary definitions impose the obligatory Countries and entities that buy Russia’s exports.

While these moves were aimed at weakening the Russian economy, they are at risk of drawing anger in other countries. according to Data From the International Center for Trade, in 2024, it was the largest export in Russia oil, and its largest buyer, India, and Turkey was in this order. This means that these countries, among other things, will face a 100 % tariff from the United States – the highest updated numbers that have been announced so far If they do not transform their purchase patterns.

However, it is refreshing to think about the customs tariff is not as a weapon in a commercial war (even if there is side damage), but it is used for peace.

What you need to know today

Trump threatens 100 % customs tariffs for Russian export buyers. The US President said he would do Imposing a “secondary tariff” on Moscow If the country does not end its war on Ukraine in 50 days.

American stocks put even after renewing the threats of customs tariffs. All the main indexes of the United States Spread moderate gains on Monday US. the Stoxx Europe 600 He decreased by 0.06 %, but London FTSE 100 Close 0.64 % higher for Set the record.

“National” buy inflation. Kevin Haysit, director of the American National Economic Council, established that the customs tariff does not cause high prices due to Americans buy local products.

Elon Musk does not support Tesla-XAI. Technological billionaire to reply In negative to a question about a possible deal. Musk, however, He said he Support Tesla investment in XaiAnd it will carry the shareholder vote on it.

(Pro) Tesla resource has potential outside the batteries. Contemporary amperex technology, also known as as CattleIt supplies battery packages for major electricity companies. Analysts believe that the company can also be “Environmental System Provide Programs.”

Finally …

The groceries are seen in the Wall Mart supermarket in Houston, Texas, on May 15, 2025.

Ronaldo Schemidt | AFP | Gety pictures

The inflation report on Tuesday must provide evidence of a tariff for prices

The inflation report will be examined in June, not much for what the title numbers show from what is in the basic data, especially whether the definitions have started an effect.

“I look at the cars and I look at the clothes, and last month’s reading was very low for both of them, which is very intuitive what you would expect,” said Chris Hodge, head of the American economy at Natixis CIB America. “These two sectors are very sensitive to increasing definitions.”

Jeff Cox



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