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Ashwini Roopesh
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US President Donald Trump 'OKAY' with bill sanctioning Russia's trade partners with tariffs up to 500%. "They're passing legislation, the Republicans are putting in legislation, very tough sanctioning on any country doing business with Russia. They may add Iran to that... I suggested it." Graham and Senator Richard Blumenthal have jointly introduced the Sanctioning Russia Act of 2025, which seeks to impose secondary tariffs and sanctions on "countries that continue to fund Putin's barbaric war in Ukraine." "President Trump and his team have made a powerful move, implementing a new approach to end this bloodbath between Russia and Ukraine. However, the ultimate hammer to bring about the end of this war will be tariffs against countries, like China, India and Brazil, that prop up Putin's war machine by purchasing cheap Russian oil and gas." - Graham and Blumenthal had said in a joint statement. So, all major BRICS player came under one umbrella but we all know the repercussions and U-turn champion. $TRUMP #Tariffs
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A Whale opened a 3x long on 1K $BTC worth $95.3 Million some hours ago, with a liquidation price of $60,042.
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$WLFI Token Holder Realizes $487K Profit as USD1 Sees Volume Surge on Binance
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So relatable.
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The Trump Administration Finally Admits That Reciprocal Tariffs Raise Prices. Finally, the White House is finalizing plans to lower tariffs on coffee, beef, fruit, & other imports from several countries amid rising grocery prices and mounting political pressure. Countries involved here are - Argentina, Ecuador, El Salvador, and Guatemala. In return, - they will reduce the prices. Both President Donald Trump and Treasury Secretary Scott Bessent spoke about the tariff reductions, "We're going to lower some tariffs; we're going to have some coffee come in" - Trump "You're going to see some substantial announcement over the next couple of days in terms of things we don't grow here in the United States, coffee being one of them. Bananas, other fruits, things like that. So that will bring the prices down very quickly." Bessent. Some serious reaction from his fans - Let's give some credit where it is due. The $TRUMP administration has discovered a basic principle of economics: TARIFFS RAISES PRICES. Someone in the White House should now be pondering the implications of this lesson: If reducing tariffs provides relief to consumers who eat bananas and drink coffee, what would removing other tariffs do for American manufacturing? After all, more than half of all imports are raw materials and intermediate goods used to make things. If lowering some tariffs is good, THEN LOWERING MORE TARIFF WOULD BE MORE BETTER!
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