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Honestly, this is wild. Just days after Donald Trump proposed a 30-day ceasefire in the Russia-Ukraine war, Putin launched a brutal drone and missile attack on Ukrainian cities. Trump didn’t hold back — he called Putin “completely insane” and made it clear he’s had enough.
Speaking on Truth Social, Trump said he once had a strong relationship with Putin, but now he believes the Russian president has gone off the rails. He also pointed fingers at Ukrainian President Volodymyr Zelensky and U.S. President Joe Biden.
> “This is a war that would have never started if I were in office,” Trump said. “This is Putin’s, Zelensky’s, and Biden’s war — not mine.”
250 Drones and 14 Missiles: Ceasefire Collapsed
The ceasefire didn’t even last a full week. Russia launched a coordinated assault using 250 drones and 14 ballistic missiles, hitting Kyiv and several other Ukrainian cities. Ukrainian forces reportedly intercepted nearly 100, but the damage was still severe.
Zelensky responded quickly, accusing Russia of deliberately dragging out the war. He also called on world leaders to impose stronger economic sanctions.
Russia Hiding Its Spending – Nearly a Third of Budget Now Classified
In another twist, analysts estimate that about 29% of Russia’s federal budget — around $152 billion — is now classified. That’s a massive chunk of money that’s likely going toward military operations and infrastructure in occupied areas. The Kremlin is clearly keeping these numbers hidden to avoid triggering more sanctions.
Diplomacy Falling Apart
Trump’s team, led by Secretary of State Marco Rubio, is still pushing for diplomacy. Rubio confirmed that the U.S. is supplying Ukraine with weapons but is also trying to maintain a line of communication with Moscow.
That said, peace talks are looking bleak. Putin didn’t even attend the latest Istanbul meeting in person — he sent a low-level delegation instead, which says a lot.
Meanwhile, U.S. Senators Lindsey Graham and Richard Blumenthal introduced a new bill backed by 81 senators. The bill threatens a 500% tariff on any country — including China — that keeps buying Russian oil, gas, or uranium if Russia refuses to come to the table in good faith.
Lavrov Hits Back: Ukraine Needs a "Legitimate Government"
Russian Foreign Minister Sergey Lavrov responded with a harsh statement, claiming that peace can only happen once Ukraine has a “legitimate government.” He repeated Moscow’s narrative that Ukraine is historically Russian and that Zelensky’s administration is full of extremists and corruption.
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#Trump #Putin #Geopolitics #WorldNews #USPolitics
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$TRUMP

Donald Trump delivered a scathing rebuke of Vladimir Putin after Russia launched a massive drone and missile assault on Ukraine, despite Trump’s recent call for a ceasefire. The former U.S. President stated that the Russian leader has “completely lost his mind.”
Speaking from the White House via Truth Social, Trump said that although he once had a “strong and very good relationship” with Putin, he now believes the Russian president has gone mad. He also blamed Ukrainian President Volodymyr Zelensky and President Joe Biden for fueling the conflict.
“This is a war that would have never started if I were in office. This is Putin’s, Zelensky’s, and Biden’s war — not mine,” Trump emphasized.

Ceasefire Broken: 250 Drones and 14 Missiles
Just days after Trump’s proposal for a 30-day ceasefire, Russia launched a coordinated attack on Kyiv and other Ukrainian cities. According to reports, 250 drones and 14 ballistic missiles were deployed. Ukrainian defenses reportedly intercepted nearly 100 of them.
Zelensky responded with a strong statement, asserting that Moscow is intentionally prolonging the war. He also called on global leaders to intensify economic sanctions against Russia.

💰 One-Third of Russia’s Budget Now Classified
Russia is increasingly hiding its federal expenditures behind a veil of secrecy. Analysts estimate that roughly 29% of Russia’s current budget—amounting to about $152 billion—is now classified. These funds are likely being funneled into military operations and infrastructure in occupied territories.
Experts warn that revealing these figures could prompt further sanctions, which is why the Kremlin is keeping the expenditures hidden from public view.

🌍 Diplomatic Efforts Struggle as Talks Falter
Trump’s administration, led by his Secretary of State Marco Rubio, continues to push for a diplomatic resolution. Speaking in the Senate, Rubio stated that the U.S. is still providing military support to Ukraine while attempting to maintain a dialogue with Russia.
However, efforts at negotiation appear to be collapsing. Putin did not attend the recent Istanbul talks in person, instead sending a low-level delegation to meet with Rubio.
In Washington, Senators Lindsey Graham and Richard Blumenthal introduced a new bill backed by 81 senators. It warns that if Russia refuses to negotiate in good faith, the U.S. will respond with severe sanctions, including a 500% tariff on any country—including China—that continues to buy Russian oil, gas, or uranium.

Lavrov Pushes Back: Ukraine Needs a “Legitimate Government”
Russian Foreign Minister Sergey Lavrov responded by stating that peace will only be possible once Ukraine has a “legitimate” government. He reiterated Moscow’s position that Ukraine is a historical part of Russia and accused Zelensky’s administration of being run by “extremist elements and corruption.”

#TRUMP , #putin , #Geopolitics , #worldnews , #USPolitics

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🔹 American companies have found a perfectly legal way to significantly reduce import duties. They are relying on a lesser-known clause in U.S. customs law that allows them to calculate tariffs based on the original manufacturing price — not the inflated prices paid to middlemen.

A Legal Loophole That Cuts Costs
The “First Sale Rule,” introduced back in 1988, allows U.S. firms to pay tariffs on the price at which goods were initially sold by the manufacturer — often overseas — instead of the higher amount paid by the U.S. importer after passing through one or more intermediaries.
🔹 For example: A Chinese factory sells a T-shirt to a Hong Kong distributor for $5. That distributor then sells it to an American retailer for $10, who later sells it to consumers for $40. Thanks to the First Sale Rule, the U.S. retailer can calculate the import tariff based on the $5 price — not the inflated $10 cost. This removes the middlemen's markup from the tariff calculation.

The Rule Comes With Conditions
This cost-saving approach isn’t a free-for-all. To apply the First Sale Rule, companies must prove:
🔹 there were at least two independent sales (between unrelated entities),

🔹 the goods were clearly destined for the U.S. market,

🔹 and complete documentation is provided, including proof of the initial sale price.
That can be tricky. U.S. trade attorney Brian Gleicher explains that securing detailed pricing information from foreign suppliers isn’t always easy. “Suppliers often don’t want to share this kind of data,” he says.
Rich Taylor, an advisor working with American firms in China, adds: “There has to be trust between all parties. If you show your customer you’re helping them reduce costs, they’ll work with you.”

From Fashion to BBQ Grills – Companies Are Saving Millions
Many companies, both American and international, are now taking advantage of this strategy. Luxury fashion brand Moncler, for example, described the First Sale Rule as a “significant cost benefit” during an April earnings call. According to logistics chief Luciano Santel, the company’s first sale prices are half the cost of their intercompany prices.
U.S. firms such as Traeger, a grill manufacturer, and Fictiv, a manufacturing services provider, also mentioned using the First Sale Rule in recent earnings calls, describing it as a “mitigating factor in the supply chain” that helps reduce duties and import costs.

Legal – But Politically Controversial
While completely legal under U.S. customs law, the First Sale Rule runs counter to the goals of Trump’s trade agenda. The former president raised tariffs to push companies to bring manufacturing back to the U.S. But if firms can legally avoid the tariffs, those efforts lose their impact.
U.S. Customs and Border Protection has declined to say how many companies are currently using the rule, but it’s clear the practice is gaining momentum — particularly in industries with high profit margins, like luxury goods and tech.
Meanwhile, Trump has temporarily suspended a planned 50% tariff hike on goods from the European Union. On Sunday, he announced on Truth Social that the hike won’t take effect until at least July 9, giving companies more time to optimize their import strategies

#Tariffs , #USPolitics , #TRUMP , #tax , #TRUMP

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This week, the U.S. Supreme Court significantly limited Donald Trump’s authority—while it granted him the power to remove certain federal officials, it firmly stated that the Federal Reserve is off-limits. In a landmark ruling, the court erected a legal barrier that shields America’s central bank from presidential interference.

🔹 President Can Fire Some, But Not All
In a 6–3 decision, the Court ruled that Trump had the authority to dismiss Gwynne Wilcox, a former member of the National Labor Relations Board (NLRB), and Cathy Harris of the Merit Systems Protection Board (MSPB). Both women were appointed to their positions but were removed by Trump during his presidency. They sued, arguing that the president had exceeded his legal authority.
While lower courts initially sided with them, the Supreme Court overturned those rulings. The justices argued that the U.S. Constitution grants the president executive power, which includes the right to remove officials who exercise that power on his behalf—unless a specific exception applies.

🔹 The Fed Is a Protected Zone
However, the justices were crystal clear: this ruling does not apply to the Federal Reserve. The Court stated that the Fed is a "uniquely structured, historically distinct entity" and cannot be compared to other federal agencies.
This means that no president—not even Trump—can freely fire leaders of the central bank without violating the law. That’s a key point given Trump’s history of tension with Federal Reserve Chair Jerome Powell, whom he appointed but later sharply criticized.

🔹 Court: The Fed Is Not Part of Routine Executive Power
The ruling makes it clear that the Federal Reserve is viewed as an independent institution. It is not a direct part of the president’s executive branch and therefore cannot be governed in the same manner as typical federal offices.
The Court reasoned that the government might suffer more harm if a removed official remained in power than if someone were unlawfully dismissed. But this reasoning doesn’t apply to the Fed, which operates under a special legal status.

🔹 Liberal Justices Disagree
Three liberal justices—Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson—dissented. They believed that removing Wilcox and Harris before the legal process was complete was unfair and premature. However, the majority stood firm, allowing Trump to remove the officials—for now.

🔹 Powell Defends His Position
Federal Reserve Chair Jerome Powell has previously made his stance clear. During Trump’s public criticism of the Fed, Powell said at a press conference in November: "The law does not require me to resign—and I will not."
Now, with the Supreme Court's decision, Powell has the backing of the nation’s highest court. Donald Trump—and any future president—will have to accept that they cannot interfere with the operations of the Federal Reserve.

#TRUMP , #USPolitics , #USGovernment , #worldnews , #JeromePowell

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While the U.S. Senate recently showed bipartisan support for the GENIUS Act—legislation aimed at regulating stablecoins—Democratic senators are now pushing for a major addition. Led by Chuck Schumer, Elizabeth Warren, and Jeff Merkley, the group is introducing an anti-corruption amendment that would ban sitting presidents from profiting off cryptocurrency ventures. The target? Donald Trump.

🔹 A Ban on Presidential Profits from Crypto
Senator Merkley wrote on X that passing the GENIUS Act without their amendment would signal that Congress condones Trump’s alleged “pay-to-play” crypto influence scheme. Schumer is expected to back the proposal, which aims to directly address Trump’s growing involvement in the crypto space—specifically via the USD1 stablecoin.
This stablecoin was launched in March by World Liberty Financial (WLFI), a crypto platform reportedly operated by Donald Trump and his three sons. Eric and Donald Jr. are reportedly overseeing the project’s strategy, while the youngest, Barron Trump, is described as the “DeFi visionary” behind the initiative.

🔹 Conflict of Interest and Foreign Influence?
Democrats fear that once stablecoins like USD1 are formally recognized under U.S. law, Trump and his family could financially benefit from legislation they helped shape. One striking example: an investment firm from Abu Dhabi has announced it will use USD1 to settle a $2 billion deal with Binance, potentially saving the Trump family millions in fees.
To prevent such scenarios, Warren and her colleagues are calling for a formal investigation into Trump’s ties to WLFI. Co-founder Zach Witkoff has dismissed the concerns, calling the media coverage “misleading and inaccurate.”

🔹 Private Trump Dinner Under Scrutiny
What truly stirred the debate, however, was a private dinner hosted by Trump for 220 of the top meme coin investors. Notable attendees included Chinese crypto billionaire Justin Sun. Held at Trump’s golf resort, the event has raised serious red flags among lawmakers.
Merkley was set to join a protest outside Trump’s estate, organized by consumer group Public Citizen and progressive movement Our Revolution. Meanwhile, Warren, Merkley, and Senator Chris Murphy held a press conference demanding that Trump release the guest list, as most attendees remained anonymous—even though some admitted owning wallets that qualified them to attend

Senator Murphy called it “perhaps the most corrupt form of political fundraising in modern history,” arguing that guests essentially paid for private access to the President, possibly even to request favors involving national security.

The White House declined to comment.

📌 Democrats are now launching a new front in their effort to keep politics and crypto separate—with Donald Trump once again at the center. Whether their amendment succeeds could have far-reaching consequences for crypto regulation in the United States.

#TRUMP , #TrumpCrypto , #Stablecoins , #USPolitics , #CryptoNewss

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The U.S. bond market remains under pressure as long-term yields hover near their yearly highs, driven by concerns over Donald Trump’s newly proposed tax plan. With a potential to add $4 trillion to the national deficit, the proposal is sending shockwaves through financial markets — and well beyond Washington.

Bond Market: Higher Yields, Higher Uncertainty
Although the tax legislation still awaits Senate approval, investors reacted swiftly. To compensate for increased fiscal risk, bondholders are now demanding higher yields. Ten- and thirty-year U.S. Treasury yields remain above 4.5% — a level that raises borrowing costs across the board, from mortgages to corporate loans.

Moody’s Downgrade Highlights Mounting Deficit Concerns
Credit rating agency Moody’s downgraded the U.S. credit outlook last week, a clear sign that confidence in America’s fiscal management is eroding. Analysts warn that a surge in debt issuance could spark inflationary pressure or drive investors to safer havens.
“The market understands: a growing deficit means more debt issuance, and that equals risk,” said Thierry Wizman of Macquarie.

Fed Remains Independent – For Now
Amid political and economic uncertainty, one reassuring development emerged — the U.S. Supreme Court ruled that members of the Federal Reserve’s Board of Governors cannot be arbitrarily removed, effectively shielding Fed Chair Jerome Powell from political interference. Investors see this as a stabilizing factor for monetary policy.

Households and Businesses: Who Will Feel the Pain?
Rising bond yields aren’t just a Wall Street concern — they directly impact everyday Americans. Mortgages, student loans, business financing — all become more expensive if the government keeps increasing its debt without a sustainable fiscal plan.

Stock Market Treads Carefully
Equity indexes responded cautiously on Friday:

🔸 Dow Jones fell by 0.04%

🔸 Nasdaq dropped 0.09%

🔸 S&P 500 was flat

This stagnation follows a week of declines, with investors worried that elevated yields could stall economic growth.

Summary
🔹 U.S. bond yields remain high amid Trump’s tax proposal

🔹 Moody’s downgraded the U.S. over rising deficit concerns

🔹 The Fed gains judicial protection from political interference

🔹 Higher yields mean costlier debt for households and businesses

🔹 Wall Street is cautious as fiscal anxiety spreads

#TRUMP , #USPolitics , #tax , #WallStreet , #worldnews

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The U.S. Senate has passed the GENIUS bill with a strong bipartisan vote of 66 to 22 – signaling widespread support for stablecoin regulation across party lines. While supporters hail it as a crucial step toward consumer protection and market stability, critics warn that the bill may favor large corporations at the expense of small startups and innovation.

🔹 What Does the GENIUS Act Actually Bring?
Supporters argue that this legislation could help prevent disasters like the 2022 collapse of Terra Luna, which led to billions in losses. The bill requires stablecoin issuers to hold 100% of reserves in secure assets such as cash or U.S. Treasury bonds, ensuring users’ funds are fully backed.
In addition:

🔹 Issuers managing over $50 billion must publish monthly reserve disclosures,

🔹 They are subject to annual financial audits,

🔹 In the event of bankruptcy, everyday users get repayment priority.
Proponents say this creates trust, transparency, and forces companies to compete on quality rather than hype.

🔹 The Critics: Helping the Powerful, Hurting the Rest?
Not everyone is cheering. Critics like Senator Elizabeth Warren warn the law could open doors for political manipulation. For instance, the bill doesn’t directly address Trump’s $1 stablecoin, issued by a crypto firm linked to the former president. Warren claims this opens the way for anonymous buyers, foreign governments, and major corporations to bypass regulations and receive unfair political advantages.
Startups also voice concern. The bill demands stablecoins be issued through separate subsidiaries, meet strict liquidity standards, undergo constant audits, and comply with detailed marketing limits. For smaller teams or international developers, it might be too much to handle – effectively shutting them out of the U.S. market.
And if only a handful of giant firms dominate stablecoins, we could see less product diversity, fewer choices for users, and concentrated market power in just a few hands.

🔹 Balancing Safety and Innovation
The GENIUS Act is undeniably a landmark move toward regulating the U.S. stablecoin space – it’s the first time such assets will be governed under federal law. But the question remains: who will this law truly serve?
Supporters hope it will attract responsible investors and foster long-term growth. Critics fear overregulation could choke innovation, entrench the current giants, and exclude emerging players. They also warn that even if companies follow the rules on paper, bad actors could still abuse the system – with even bigger consequences next time.

📌 The GENIUS Act is a major first step in creating a regulated stablecoin framework. But whether it moves America forward, backward, or sideways depends on how it’s enforced, how it evolves, and who it ultimately empowers.

#USPolitics , #CryptoNewss , #Cryptolaw , #Regulation , #stablecoin

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Donald Trump is pushing hard to pass his expansive legislative proposal — one he proudly calls a “big and beautiful” plan. But inside the Republican Party, tensions are boiling over. Lawmakers are clashing over Medicaid cuts, green energy tax breaks, and local tax deductions, leaving House Speaker Mike Johnson scrambling to hold the party together ahead of a critical vote.

🔥 A Mega-Bill That Rekindles Old Divides
Trump’s package combines tax reform, immigration, defense, energy policy, and debt ceiling measures. It was meant to be a unifying moment for Republicans. Instead, it has exposed deep ideological divides — both new and old.
The conservative House Freedom Caucus is leading the charge for major cuts to Medicaid and the introduction of work requirements for able-bodied adults receiving healthcare assistance, with a deadline before 2029.
While most Republicans agree in principle, moderates warn that harsh cuts could cost them votes in competitive districts.

🌱 Green Energy Tax Credits: Allies Become Opponents
Another battleground: tax breaks for green energy, introduced by President Biden through the Inflation Reduction Act.
🔹 Hardliners want them gone — entirely.

🔹 Republicans from states like Arizona and Pennsylvania argue their removal would hurt businesses that have already based major investments on these incentives.

💰 The SALT Cap: One Deduction, Many Opinions
The SALT cap, which limits federal deductions for state and local taxes to $10,000, remains controversial.
🔹 Republicans from low-tax states (like Tennessee and Missouri) say raising the cap unfairly benefits blue states with high tax burdens.

🔹 Moderates from New York, New Jersey, and California argue that restoring full SALT deductions is crucial for their voters and could decide control of the House in 2026.

✍️ Letters, Lobbying, and Internal Chaos
Twenty-one Republican House members wrote to leadership urging them to preserve green energy tax credits, citing their importance to U.S. energy manufacturing and infrastructure.
In response, fiscal hawks fired back, saying the green sector is propped up by subsidies, not real demand:
“Keeping IRA subsidies intact undermines our energy independence, sidelines coal and natural gas, and threatens grid reliability,” they warned.

⚖️ A Critical Test for Trump and the GOP
Trump’s bill is ambitious, but it’s moving through a political minefield. For many, this is a showdown between ideological purists and pragmatists fighting to survive their next elections.
Whether this “big and beautiful” plan succeeds will come down to every single vote.

#TRUMP , #TaxReform , #USPolitics , #GreenEnergy , #worldnews

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President Donald Trump is facing growing pressure to ensure that Elon Musk and his team do not misuse sensitive government data acquired during their time at the Department of Government Efficiency (DOGE) for private interests.

🧾 Senator Demands Legal Commitments as Musk’s Team Accessed Confidential Data
Senator Jeanne Shaheen called on Trump this week to require Elon and other DOGE employees to sign legal agreements promising not to use non-public government information after leaving office.
Her request stems from concerns that Musk’s team had access to a wide array of confidential data from multiple federal agencies — information that could be misused for business advantage upon returning to the private sector.
Shaheen, a Democrat from New Hampshire, noted that many DOGE employees are former workers from Musk’s companies, such as Tesla, SpaceX, and xAI, and that they had what she described as “unprecedented” access to federal data. Agencies involved reportedly include:
🔹 Social Security Administration

🔹 U.S. Department of the Treasury

🔹 Consumer Protection Bureau

🔹 Centers for Medicare and Medicaid Services

🔹 And other unnamed federal entities

🧠 "Tech Insiders With Secrets" – Shaheen Sounds the Alarm
In her letter to Trump, Shaheen warned:
“I am deeply concerned that government employees with a tech background could return to the private sector and exploit sensitive federal information to unfairly boost their own commercial ventures.”

🗣️ Bannon Weighs In: “Trust, but Verify”
Steve Bannon, former Trump adviser, voiced similar concerns, stating he wants written proof that no data has been transferred to Musk’s businesses. When asked whether he trusts Musk, Bannon replied:
“Trust, but verify.”

🏛️ White House Dismisses the Concerns
A White House official dismissed Shaheen’s letter as “meaningless,” saying all government employees are already bound by ethics laws that prohibit misuse of position or access to confidential information, even after leaving public service.

🤖 Musk’s Business Empire Under Scrutiny
Elon Musk currently heads multiple tech giants:
🔹 Tesla

🔹 SpaceX

🔹 Starlink

🔹 xAI, which develops AI tools like the chatbot Grok

🔹 And the X platform (formerly Twitter)
Notably, xAI is under investigation in Canada over allegations that it used user data without consent to train Grok, raising further questions about Musk’s handling of data — including government records accessed during his time at DOGE.

⏳ Musk's DOGE Tenure Nears Its End
Appointed by Trump to lead the newly established Department of Government Efficiency, Musk aimed to cut waste and reduce bureaucracy. But during his 130-day term, he eliminated agencies and proposed dismantling regulatory bodies — many of which oversee his own businesses.
Now, with his term ending soon, some DOGE staff are expected to remain in government, while others are planning to return to the private sector, potentially bringing sensitive insights with them.

⚠️ What Happens Next?
This issue is quickly turning into a political and ethical flashpoint. Will Trump heed Senator Shaheen’s call and enforce legal protections? Or will it all come down to an unwritten trust between the U.S. government and a billionaire entrepreneur with influence across AI, space, defense, and data?

#TRUMP , #ElonsMusk , #DOGE , #USPolitics , #Tesla

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U.S. Secretary of State Marco Rubio warned on Tuesday that if peace negotiations over the war in Ukraine remain deadlocked, the United States is prepared to impose new, tougher sanctions on Russia. He also rejected claims that the White House is easing its military support for Kyiv.

📞 Two-Hour Call with Putin – But No Progress
Rubio spoke in the Senate a day after President Donald Trump held a two-hour phone call with Vladimir Putin. But the conversation yielded no breakthrough — no ceasefire, no tangible steps forward.
This sparked harsh criticism from Democrats, who said Trump missed a chance to pressure Putin and clearly warn that new sanctions would follow if Russia refused to negotiate.

🛑 Sanctions, Tariffs, and Pressure on Russian Trading Partners
Republican Senator Lindsey Graham has introduced a bill that would include:
🔹 A 500% tariff on goods from countries still buying Russian oil and gas

🔹 Financial and tech sanctions targeting Russia’s war funding
Rubio acknowledged that if Russia refuses peace, such measures are “possible and understandable.” But he defended Trump’s view that threats could freeze diplomacy, and keeping the lines of communication open is crucial.

🗣️ Democrats: “Putin Is Playing Trump”
Senator Jeanne Shaheen called Putin’s vague offer for a “memorandum” nothing but stalling, stating:
“Trump admitted Putin is making a mockery of him.”
Senator Chris Van Hollen went even further:
“You’re throwing Ukraine under the bus, and Putin is playing you like a violin.”

🛡️ Rubio: Sanctions Still in Place, Weapons Still Flowing, No Concessions Made
Rubio insisted that no sanctions have been lifted, weapons are still being delivered, and Putin hasn’t received a single concession.
“Putin woke up this morning with the same sanctions he had at the start of the war.”
Still, Rubio emphasized that the conflict can only end through negotiation, and maintaining open diplomatic channels is necessary.

⚠️ Europe and Ukraine Are Worried
Trump’s suggestion that the Vatican take over as mediator, and his hesitation on applying more pressure, has left European and Ukrainian leaders uneasy. They fear that without strong U.S. resolve, Putin is simply buying time, while the fighting continues and civilian casualties mount.

🧾 Summary
👉 The U.S. may impose new sanctions if peace talks stall

👉 Trump faces backlash for not confronting Putin during their call

👉 Rubio defends diplomacy and insists military aid is ongoing

👉 The future of Ukraine may hinge on Washington’s next moves

#TRUMP , #CryptoNewss , #Geopolitics , #putin , #USPolitics

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Something big just happened in the U.S. – a potential game changer in the fight against AI abuse and online exploitation. President Donald Trump has signed a new federal law that makes it a crime to share intimate images without consent – including deepfake po*rnography. Even more importantly, tech platforms are now required to remove such content within 48 hours of being reported.
The Take It Down Act is now officially in effect and provides long-awaited legal protection for victims whose images (real or AI-generated) were posted online with the intent to harm, harass, or exploit.

🔹 A Law Championed by Melania Trump
The signing was a powerful moment – President Trump was joined by First Lady Melania Trump, who had been actively promoting this legislation as part of her campaign to protect children in the digital age.
“This legislation is a big step forward in protecting every American – especially our youth – from abuse of their image or identity,” Melania said.
In an emotional speech, she compared AI and social media to digital candy – tempting, addictive, but potentially dangerous. She stressed that it’s time to set clear boundaries.

🔹 What Exactly Does the Law Prohibit?
The Take It Down Act classifies it as a federal crime to post or even threaten to post intimate images (including deepfakes) without the person’s consent, especially if the goal is to cause harm, harass, or sexually exploit.
📌 For adults, this includes both real and altered images obtained in private or without their knowledge.

📌 For minors, it covers any image published to abuse, harass, or sexually arouse the offender – whether real or AI-generated.

🔹 Tech Platforms Now Have a Legal Obligation
The law doesn't just target offenders – it also places new responsibilities on tech companies. Websites, apps, and platforms that host user-generated content (such as social media) must now have a working takedown system in place and remove harmful content within 48 hours of it being reported. They must also prevent reuploads of the same content.

🔹 Strong Bipartisan Support in Congress
The bill passed through Congress with near-unanimous support – the House of Representatives approved it 409–2. Both Democrats and Republicans backed the initiative.
Melania Trump personally lobbied lawmakers, hosted roundtable discussions with victims, and even invited one of them – Elliston Berry – as her guest at the President’s State of the Union address in March.

✳️ Why This Matters
In an age where AI tools are becoming widely accessible, the abuse of deepfake technology and revenge po*rn is a growing threat. Celebrities like Taylor Swift and Jamie Lee Curtis have already fallen victim – as have countless ordinary people, including minors.
The Take It Down Act stands as one of the first major federal responses to these threats, sending a strong message: the digital world also needs clear rules and protections.

#TRUMP , #Melania , #CyberSecurity , #CryptoNewss , #USPolitics

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

On Sunday, the U.S. Congress moved forward with Trump’s new tax proposal, which is already sparking heated debate – not only among politicians but also in the crypto world. Dubbed the “big and beautiful” plan by President Donald Trump, the bill passed the House Budget Committee and is generating mixed reactions. Could it open the door to broader crypto adoption, or is it a cause for concern?

🔹 What Exactly Is Trump Proposing?
The key point? A 5% tax on money transfers from U.S. residents to their home countries abroad. According to the White House, the goal is to reduce government spending – but the move may also trigger unexpected consequences in the cryptocurrency space.

🔹 Migrants and Crypto: Dodging the Tax?
Mexican Ambassador to the U.S., Esteban Montezuma Barragán, has criticized the bill, calling it a form of double taxation. He warns that it could push migrants to turn to informal or unregulated money transfer channels – and this is where crypto might come in.
“People will start avoiding formal systems and look for alternative ways to send money. That’s a problem for oversight,” he said.

🔹 Coin Center: Law Might Drive Interest in Private Crypto Tools
Coin Center, a nonprofit focused on crypto policy, also voiced concerns. Its director, Peter Van Valkenburgh, said the tax law brings “complex and troubling consequences” – but it could also accelerate the use of privacy-focused tools.
“People will increasingly turn to self-hosted crypto wallets, which remain fully legal and are outside the scope of this tax proposal,” he emphasized. Centralized exchanges, on the other hand, could face increased compliance burdens.

🔹 Critics Warn of Fiscal Collapse
Not everyone is optimistic. Independent economic analyses warn that Trump’s bill could add an extra $3 to $5 trillion to the U.S. national debt by 2035. Last week, Moody’s even downgraded the U.S. credit rating, citing growing concerns over economic stability.
However, U.S. Treasury Secretary Scott Bessent dismissed the downgrade and remains confident that the bill will lead to more economic growth than debt.

🔹 Bitcoin and Trump: How Policy Moves Crypto Prices
Matthew Pines from the Bitcoin Policy Institute points out that the bill’s long-term impact on Bitcoin might be surprisingly positive. Trump’s economic decisions already influence the market – for instance, his aggressive trade stance earlier this year pushed Bitcoin below $76,000 in April.
But when Trump softened his tone and announced a trade deal with China in May, Bitcoin soared to $107,000 – showing just how tightly crypto is tied to geopolitics.

✳️ What’s Next?
Trump’s tax proposal might unintentionally become a boost for crypto – especially in the area of cross-border money transfers. Whether it becomes a true catalyst for decentralized tech adoption or just another bureaucratic hurdle remains to be seen.

#USPolitics , #TRUMP , #Regulation , #trumptariffs , #TradingCommunity

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The United States is ramping up pressure on its trade partners. Treasury Secretary Scott Bessent announced that if new trade deals aren’t reached within the next 90 days, the U.S. will reimpose high “reciprocal” tariffs that were originally set on April 2. Washington is bringing back an old weapon in a new trade offensive.

🔥 Ultimatum for 18 Key Countries
Speaking on CNN, Bessent confirmed that the Trump administration has started the countdown — either sign trade deals or face tariffs jumping back to as high as 145%. Most duties are currently relaxed to 10%, but Bessent made it clear: America’s patience isn’t infinite.
The U.S. is focusing on 18 “important” trade partners. Some deals may be regional, others individual — such as “one for Central America” or “for parts of Africa.” Trump said he’s willing to talk to over 150 countries, but time is running out.

🕒 90-Day Clock Is Ticking — Trump in Abu Dhabi: “Letters Are Coming”
Since April 2, when Trump called the tariff introduction “Liberation Day,” the U.S. has granted a temporary trade pause. During a visit to Abu Dhabi, Trump warned that the window is closing. Within a few weeks, Bessent and Commerce Secretary Howard Lutnick will begin sending formal letters detailing what countries will pay to do business in the U.S.
“It will be fair,” Trump assured. And markets reacted — stocks surged after the U.S. announced a temporary de-escalation with China, lowering tariffs on Chinese goods from 145% to 30%. China responded by cutting tariffs on American imports from 125% to 10%. The S&P 500 jumped 5.3%, marking five straight days of gains.

🎯 Bessent: Our Strategy? Strategic Uncertainty
Bessent defended the administration’s approach of “strategic uncertainty.” Offering too much clarity, he argued, would weaken America’s hand in negotiations. “If you don’t know what’s coming, you take talks more seriously,” he said.
He promised that small businesses, especially those reliant on Chinese parts, would still be able to trade under lower tariff conditions. Yet many owners remain anxious, warning that uncertain rules and rising costs are disrupting investments.

🛒 Walmart: We’ll Absorb Some Tariffs, Pass the Rest to Shoppers
Retail giant Walmart recently warned customers that prices might go up. Trump responded on Truth Social, urging the company to “eat the tariffs.”
Bessent remained pragmatic. He confirmed that he spoke directly with Walmart CEO Doug McMillon, who agreed that the company would absorb part of the costs, but acknowledged that some would be passed on to consumers.

📉 Moody’s Downgrades the U.S. — Bessent Shrugs It Off
On Friday, Moody’s downgraded the U.S. credit rating to Aa1, stripping the country of its final AAA rating. S&P had done so in 2011 and Fitch followed in 2023.
Moody’s cited the U.S. debt of $36 trillion and warned that the White House’s budget plan could add another $3.3 trillion over the next decade. But Bessent dismissed the downgrade: “I don’t really trust Moody’s,” he told CNN.
Still, analysts caution that a lower rating could force investors to demand higher yields on U.S. bonds — increasing the cost of borrowing and potentially raising rates on mortgages, loans, and global contracts.

🏁 Summary: Washington Turns Up the Heat — Global Trade Partners Have Until Summer
America is making its stance clear: Play by our rules or pay more. Bessent’s “strategic uncertainty” may strengthen negotiations, but it’s also injecting tension into global trade talks. While markets are currently optimistic, the threat of revived tariffs looms large.

#usa , #Tariffs , #TradeWars , #TradingCommunity , #USPolitics
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“