USPolitics

President Donald Trump’s administration has launched an ambitious initiative designed to secure tariff-free access for U.S. tech giants to global digital markets. Washington has signed new digital trade agreements with Malaysia, Cambodia, and Thailand, binding these nations not to impose digital taxes or restrict U.S. companies such as Amazon, Google, Meta, or Microsoft.

The U.S. Seeks a Permanent Global Ban on Digital Tariffs
According to the White House, the United States is moving to make the WTO moratorium on digital tariffs permanent, which until now has been renewed every two years since 1998. The agreement prevents countries from imposing customs duties on cross-border digital transfers of data, software, books, movies, and games.
Malaysia has further pledged not to require U.S. social media and cloud providers to pay into local digital funds, granting Washington a clear advantage.
Andrew Wilson of the International Chamber of Commerce hailed the move as “crucial for strengthening free digital trade,” but warned that it may contradict the global data localization trend — the idea that nations should keep their digital infrastructure and data within their own borders.

Digital Trade Now Worth Over $33 Trillion
According to UN data, global exports of digital services reached $4.77 trillion in 2024, representing a 10% year-over-year increase.

The total value of the digital services sector now exceeds $33 trillion, making it the fastest-growing segment of global trade.
Emerging technologies, especially artificial intelligence, are accelerating digitalization and automation but also fueling concerns about cybersecurity, data protection, and national sovereignty.

U.S. vs. China: The Battle for Digital Influence
As China expands its reach in Africa, Asia, and Latin America, the United States is working to define a global “digital order” based on American rules and technology. Trump’s push for a tariff-free digital trade framework is seen by analysts as a clear attempt to cement U.S. technological dominance.
“Washington wants a world where American technologies and platforms set the standards,” said Martina Ferracane of Teesside University.
The European Union, however, is taking the opposite route — strengthening privacy protections, antitrust enforcement, and digital taxation. France recently doubled its tax on major tech firms, sparking tensions with the White House.

WTO and the Upcoming Battle Over Digital Trade Rules
Emerging economies like India and Brazil continue to resist a permanent WTO moratorium, seeking to protect their domestic industries. The upcoming WTO ministerial meeting in Cameroon in 2026 is expected to become a key battleground for the future of global digital trade.
Meanwhile, Washington has warned the EU that its new Digital Markets Act (DMA) and Digital Services Act (DSA) could damage transatlantic relations if not revised. U.S. companies such as Apple and Meta argue that European regulations stifle innovation and restrict freedom of expression.

Conclusion: A Borderless Digital Economy?
The Trump administration makes no secret of its ambition to build a global, tariff-free digital economy that would strengthen American corporations and reshape international trade rules.

While Europe and Asia fight for data control, the United States envisions an open, dollar-backed, tech-driven digital ecosystem.

If Washington succeeds, the U.S. could gain a decisive edge in the world’s new “digital race.”


#TRUMP , #AI , #blockchain , #USPolitics , #economy

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The tension between the White House and the Federal Reserve has hit a breaking point. Following the Fed's 25-basis-point rate cut, U.S. Treasury Secretary Scott Basent didn't just criticize the decision—he effectively announced that Jerome Powell's time as Fed Chair is running out.
This is more than a policy disagreement; it's a quiet coup attempt against the central bank's independence.
THE ACCUSATION: Basent slammed the Fed for being “stuck in the past,” stating their economic models “no longer reflect reality” and that their inflation and growth forecasts have been “consistently wrong.” * THE TIMING ATTACK: He argues the rate cuts are proceeding too slowly, demonstrating a severe policy lag and paralysis caused by growing internal divisions and inconsistent data.
THE LEADERSHIP OVERHAUL: The bombshell: Basent disclosed that a second round of internal interviews for Powell's replacement will take place in December, signaling that the Trump administration is actively preparing to select the next Fed Chair before Christmas. 🎄
WHY THIS MATTERS FOR CRYPTO & GLOBAL MARKETS 🌍
The market hates uncertainty, and this signals a massive shift in U.S. monetary policy is being forced:
NO DECEMBER GUARANTEE: Powell's press conference was cautious, citing “uncertainty and disagreement” within the Fed and noting the government shutdown's impact on key data. This killed the hope for a clear path to another rate cut in December. ❌
FORCED EASING CYCLE: The administration is pushing for a leader "bold enough to break with the old framework"—code for a Chair willing to implement faster, deeper rate cuts to stimulate growth, which is typically bullish for risk-assets like Bitcoin and Ethereum in the long run.
INSTITUTIONAL TURMOIL: This public, political pressure on the Fed weakens its independence and could lead to market volatility as investors try to front-run the likely new, more dovish monetary policy regime.
The transition of power has quietly begun. Brace for a volatile few months as the White House attempts to steer the direction of U.S. interest rates.
#FedShakeUp #MonetaryPolicy #PowellExit #BasentWarning #USPolitics

The U.S. Senate once again challenged President Donald Trump this week, voting 50–46 to approve a resolution blocking his new tariffs on Canadian goods.

It marks the second vote in just two days undermining Trump’s trade agenda and his use of emergency tariff powers.

Republican Rebellion Against Trump
Four Republican senators — Mitch McConnell, Susan Collins, Lisa Murkowski, and Rand Paul — joined Democrats in supporting the resolution.

The same group had already voted the day before to block tariffs on Brazil, and earlier in April they opposed similar duties targeting Canada.
According to McConnell, Trump’s trade wars are economically damaging and contradict core Republican values of free markets:
“The economic harm caused by trade wars is not an exception in history — it’s the rule,” he declared on the Senate floor.

“No selective reading of Reagan will show otherwise.”
McConnell confirmed he would support all resolutions aimed at curbing Trump’s emergency tariff powers.

Trump Breaks Off Talks with Canada After “Reagan Ad”
Tensions between Washington and Ottawa escalated after Trump called off trade negotiations with Canada following a controversial commercial aired in Ontario.

The baseball playoff ad featured late President Ronald Reagan’s 1987 speech, in which he warned:
“The road to prosperity lies in rejecting protectionism and embracing free and fair competition.”
The message struck a nerve. Trump angrily dismissed the ad as “fake,” insisting Reagan actually supported tariffs.

But McConnell refuted that claim, noting Reagan was in fact a staunch advocate of free trade.
Trump has also threatened to raise existing 35% tariffs on Canadian goods by another 10%, though he hasn’t acted yet. Canadian Prime Minister Mark Carney responded cautiously, saying he’s willing to return to the negotiating table.
“We had made substantial progress on issues like steel, aluminum, and energy tariffs,” Carney said after the talks collapsed.

Senate vs. White House: What’s Next
This week’s vote was the second of three planned Senate actions designed to challenge Trump’s trade strategy.

A final vote on his broader global tariff framework is expected on Thursday — and if the current trend continues, the Senate could symbolically overturn Trump’s entire tariff system.
However, the resolutions remain non-binding until approved by the House of Representatives, where Republican leaders have postponed the vote until March through a procedural delay.

Divided Republicans
Not all Republicans opposed the Canadian tariffs. Senator Thom Tillis of North Carolina defended them, even though he voted against the Brazilian tariffs the day before:
“The Brazil tariff was based on a dispute that had nothing to do with business or trade,” he explained.
By contrast, Susan Collins, representing a border state, highlighted the direct harm to local communities:
“I’ve seen firsthand the damage Canadian tariffs have caused,” she told reporters.

“And let’s be honest — most of the drugs entering the U.S. come from the southern border, not the northern one. So the justification for tariffs on Canada doesn’t hold up.”
Collins was joined by Murkowski and Paul, who co-sponsored the resolution — the same Republican trio that crossed party lines to block Tuesday’s Brazil tariffs.

Trump’s Grip Weakens
The string of Senate defeats shows that Trump is facing growing resistance within his own party, especially amid concerns over the impact on U.S. businesses and farmers.

While Trump insists tariffs “protect American jobs,” both Democrats and some Republicans warn that trade wars raise prices and hurt exporters.
Thursday’s vote could therefore serve as a pivotal signal — that Congress is no longer willing to stay silent as the president wields tariffs as a tool of political pressure.


#USPolitics , #TRUMP , #Canada , #economy , #GlobalTrade

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صدر ڈونلڈ ٹرمپ نے پہلی بار واضح الفاظ میں کہا ہے کہ امریکی آئین انہیں تیسری مدت کے لیے انتخاب لڑنے کی اجازت نہیں دیتا۔ یہ بیان اُن افواہوں کے بعد آیا ہے جن میں کہا جا رہا تھا کہ اُن کے اتحادی آئینی ترمیم کے ذریعے انہیں ایک اور موقع دینے کی کوشش کر رہے ہیں۔ ⚖️

✈️ ٹرمپ نے یہ بات ایئر فورس ون پر صحافیوں سے گفتگو کرتے ہوئے کہی، جب وہ جنوبی کوریا کے دورے پر روانہ ہو رہے تھے۔
انہوں نے کہا:

> “میرے پولنگ نمبرز آج تک کے سب سے زیادہ ہیں۔ اور جو میں نے پڑھا ہے، اس کے مطابق شاید میں دوبارہ نہیں لڑ سکتا — دیکھتے ہیں آگے کیا ہوتا ہے۔”



🏛️ اسی دوران ہاؤس اسپیکر مائیک جانسن نے بھی تصدیق کی کہ انہوں نے ٹرمپ سے اس موضوع پر بات کی ہے، مگر آئینی رکاوٹوں کے باعث اس وقت تیسری مدت ممکن نہیں۔

جانسن نے کہا:

> “یہ ایک شاندار دور رہا ہے۔ لیکن صدر خود جانتے ہیں کہ آئین کی اپنی حدود ہیں، چاہے عوام کا ایک بڑا حصہ اس پر افسوس ہی کیوں نہ کرے۔”



📊 ٹرمپ نے مزید کہا کہ وہ اس موضوع پر زیادہ بات نہیں کرنا چاہتے، لیکن ان کے مطابق:

> “اگر آپ آئین پڑھیں تو صاف ظاہر ہے — میں دوبارہ نہیں لڑ سکتا۔ یہ افسوسناک ہے، لیکن ہمارے پاس بہت سے زبردست لوگ ہیں۔”



🇺🇸 نتیجہ:
ٹرمپ نے اگرچہ آئینی حقیقت تسلیم کر لی ہے، مگر ان کے انداز میں اب بھی اعتماد اور اثر و رسوخ جھلکتا ہے۔
سیاسی ماہرین کا کہنا ہے کہ ٹرمپ کے الفاظ، چاہے محتاط ہی کیوں نہ ہوں، 2028 کے انتخابات سے پہلے ریپبلکن پارٹی میں ایک نئی بحث کو جنم دے سکتے ہیں۔ 🔥

#TRUMP #USPolitics #breakingnews #2028Elections #whitehouse