Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
Video Credit: Oneindia - Duration: 33:25s - Published
Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
In a stunning trade war escalation, President Trump has imposed a massive 25% tariff on all imported cars, sending shockwaves through global markets.
Tokyo stocks plummeted, and major automotive-exporting nations like Japan, South Korea, and Europe are outraged.
How will Trump's Auto Tariff impact the global economy?
Iran has signaled its willingness to resume nuclear diplomacy—but only under strict conditions. Foreign Minister Abbas Araghchi said renewed talks must include U.S. guarantees that Iranian nuclear sites will not be struck again, following recent Israeli and U.S. airstrikes, including the impactful June 22 bombing campaign. The cancelled June 15 round in Oman collapsed after Tehran deemed the attacks a “declaration of war.” Araghchi told Le Monde that diplomacy must now be rooted in accountability, mutual respect, and concrete assurances. Tehran continues enriching uranium to 60% purity under IAEA oversight, arguing this proves its program’s peaceful goals. Iran also refuses to discuss its ballistic missile capability, calling it defensively crucial. Washington asserts Trump remains committed to peace—though Araghchi dismissed claims of Iran’s program being “obliterated” and hinted at possible compensation for damage. The stakes are high as both sides weigh whether talks can survive past recent military escalations.
#IranNuclear #UStalks #AbbasAraghchi #NuclearDiplomacy #IranUSRelations #OmanTalks #IAEA #UraniumEnrichment #IranGuarantees #USStrikes #IranRetaliation #MutualRespect #NuclearTalks2025 #IranianForeignMinister #LeMondeInterview #BallisticMissiles #IranCompensation #MiddleEastTension #TrumpIran #GlobalSecurity
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In a fiery escalation of U.S.-Brazil tensions, Donald Trump has publicly defended former Brazilian President Jair Bolsonaro, slamming Brazil’s legal proceedings against him as “very unfair.” Trump called Bolsonaro a “good man” and “tough negotiator,” drawing outrage from current President Lula da Silva, who warned the U.S. of “reciprocal tariffs” if Trump’s threatened 50% import duties go into effect.
Lula condemned Trump’s remarks and questioned the legitimacy of his defense, particularly as Bolsonaro faces trial for plotting to prevent Lula’s presidency in 2023. Despite Trump's stance, Brazil's government downplayed the tariff’s impact, projecting continued growth. Tensions flared as Lula said while Brazil seeks dialogue, it would not bow to threats. Trump hinted at a conversation with Lula but showed no urgency. As the 2025 global trade climate heats up, this Trump-Bolsonaro-Lula standoff marks a dramatic pivot in diplomatic tone between two major Western Hemisphere powers.
#Trump #LulaDaSilva #Bolsonaro #Brazil #USBrazilRelations #TradeWar #ReciprocalTariffs #TrumpNews #BolsonaroTrial #LulaVsTrump #TariffThreat #USPolitics #BrazilNews #InternationalTrade #GlobalTensions #TrumpSpeech #TradeFeud #BolsonaroSupport #TrumpBolsonaro #LulaResponse
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The State Department has begun firing over 1,300 personnel as part of a sweeping internal overhaul, CNN reported, citing an internal notice and a State.. DNA
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Trump visits flood-stricken regions of Texas as the state reels from catastrophic flooding that has left at least 120 dead and 160 missing. Trump, joined by Melania Trump, tours devastated neighborhoods, meets with emergency responders, and delivers remarks addressing the scale of the disaster and the urgent need for federal relief.
#TrumpTexasFloods #TexasFloods #TrumpInTexas #PresidentTrumpTexas #TexasFloodCrisis #TrumpFloodVisit #MelaniaTrumpTexas #TexasFloodDisaster #TrumpTexasResponse #TexasFloodUpdate #DonaldTrumpTexas #TexasFloodsLive #TexasFloodDeathToll #TrumpInTexasToday #TexasEmergency
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Donald Trump has slapped 25% tariffs on Japan and South Korea, warning both nations to “build in the USA or pay up.” With a July 9 deadline looming, Trump’s letters threaten even steeper tariffs if Tokyo or Seoul retaliate or refuse trade deals. He blames long-standing U.S. trade deficits on “unfair policies.” Investors reacted sharply—Nissan shares tumbled over 7%. As tariff tensions rise, Trump promises fast-track approvals for companies shifting production to the U.S., intensifying global trade war fears.
#TrumpTariffs #TradeWar #USJapanRelations #USKoreaRelations #25PercentTariffs #TariffDeadline #BuildInUSA #TrumpTradePolicy #JapanSouthKorea #NissanCrash #GlobalTradeTensions #WhiteHouseTariffs #TariffThreat #ManufacturingShift #USAutoTariffs #EconomicPressure #TrumpVsAsia #TradeDeficit #TrumpDeals #AmericaFirst #TrumpLetters #TariffShock #SouthKoreaTrade #JapanTradeCrisis #Protectionism #ReciprocalTariffs #TariffNews
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Japan is set to export six Abukuma-class destroyer escorts to the Philippines in a landmark move aimed at countering China’s growing aggression in the South China Sea. The aging destroyers, in service for over 30 years, will significantly boost the Philippines’ naval capabilities, which currently lack such firepower. Defense ministers from both nations agreed to the deal in Singapore last month. Tokyo will frame the upgrades as a joint development project to bypass Japan’s pacifist export rules. The Philippines will inspect the ships this summer. This strategic partnership comes amid intensifying maritime tensions, as both Tokyo and Manila face growing challenges from Beijing’s territorial claims. The deal marks a new chapter in Asia-Pacific military realignment and is expected to draw a sharp response from China.
#JapanPhilippines #SouthChinaSea #ChinaTensions #AbukumaDestroyers #NavalDeal #GeopoliticsAsia #USAllies #JapanDefense #PhilippinesNavy #TokyoManila #MilitaryExports #AntiChinaStrategy #MaritimeSecurity #AsiaSecurity #BeijingAggression #SeaPower #JapanNews #PhilippinesNews #WarshipsTransfer #ChinaExpansion
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In a high-stakes meeting amid growing trade hostilities, U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Kuala Lumpur during the East Asia Summit. This marked Rubio's first Asia visit since taking office, aiming to reaffirm U.S. presence in the Indo-Pacific. However, Trump's sudden tariff offensive—slapping 25-40% duties on major Asian economies—has intensified regional friction. China condemned the U.S. move as "bullying behavior," warning nations against cutting Beijing from global supply chains.
Rubio also discussed security and tech cooperation with Japanese, South Korean, and Southeast Asian leaders. While Rubio remained tight-lipped during the talks, Wang launched a blistering critique of U.S. policies. Meanwhile, ASEAN ministers voiced alarm over trade disruptions, signaling a tilt toward diversification. With deadlines looming and diplomacy on edge, the clash of giants over Asia’s future has just begun.
#Rubio #WangYi #USChinaTensions #TradeWar #ASEAN #IndoPacific #TrumpTariffs #ChinaTrade #AsiaSummit #KualaLumpur #GlobalEconomy #MarcoRubio #ChinaPolicy #USForeignPolicy #TariffWar #BilateralTalks #Geopolitics #SupplyChain #EastAsiaSummit #WTO
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U.S Escalates Global Trade War: U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In a fiery letter sent to Canadian PM Mark Carney via social media, Trump doubled down on his protectionist policies, also targeting U.S. allies like Japan and South Korea with blanket tariffs ranging from 15% to 20%. Copper imports have been hit with a staggering 50% duty.
Global markets are rattled. Allies are on edge. Is this the return of full-blown tariff wars? Or a strategic push to revive American manufacturing?
Canadian officials have vowed to protect workers. But will this trigger a broader trade showdown?
#TrumpTariffs #TradeWar #USCanada #MarkCarney #GlobalTradeCrisis #CopperTariff #USJapan #TradeWar2025 #EconomicNews #BreakingNews #USPolitics #DonaldTrump #Protectionism #TariffWar #CanadaUS
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President Trump has issued new tariff letters to six more countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—via Truth Social, with 20–30% duties set to begin August 1. This follows his April plan to reset global trade, which was paused for 90 days. Trump warns rates may shift depending on diplomatic ties. With only two deals struck so far, the unilateral tariff campaign risks global retaliation and further disruption to supply chains amid rising trade tensions.
#TrumpTariffs #TradeWar #BreakingNews #TariffShock #GlobalTrade #AmericaFirst #TrumpTradePolicy #SupplyChainCrisis #TariffUpdate #TradeTensions #TruthSocial #Iraq #Libya #Algeria #Brunei #Philippines #Moldova #USForeignPolicy #GlobalMarkets #EconomicPolicy #Trump2025 #TariffLetter #August1Deadline #TrumpNews #TradeDisruption #RetaliationRisk #Geopolitics #UnilateralTariffs
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Giant billboards of Donald Trump and Syrian President Ahmed Al-Sharaa have appeared in Damascus, thanking Trump for lifting U.S. sanctions on Syria. The hoardings read “Strong Leaders Make Peace” and “Syrian People Thank You.” This follows Trump’s June 30 executive order ending broad sanctions to support Syria’s post-Assad regime. Al-Sharaa, a controversial former Al-Nusra figure, has pledged inclusive governance. Trump met him in May, calling him “tough” and “attractive,” marking the first U.S.-Syria leader meeting in 20+ years.
#Trump #Syria #AlSharaa #MiddleEastPolitics #SanctionsLifted #USForeignPolicy #Damascus #BreakingNews #TrumpInSyria #Geopolitics #PeaceInitiative #TrumpMoves #SyriaReconstruction #AssadFall #SyrianLeadership #Diplomacy #StrongLeaders #TrumpAlSharaa #GlobalPolitics #USSanctions #TrumpSpeech #MiddleEastUpdate #WhiteHouse #SyrianPeople #PoliticalShift #TrumpExecutiveOrder #ForeignRelations
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The United States has confirmed it is sending another Patriot air defense system to Ukraine to help the war-torn nation counter Russia's escalating aerial assaults. This decision comes as former President Donald Trump issued a strong statement, bashing Russian President Vladimir Putin for his aggressive military strategy. For months, Ukraine has pleaded for more advanced air defense, as the previous freeze in U.S. military aid allowed Russian warplanes to dominate the skies and launch devastating strikes with ballistic missiles like the Iskander and the hypersonic Kinzhal.
The Patriot system is considered Ukraine's only reliable and effective shield against these specific high-speed threats. Its advanced radar and PAC-3 MSE interceptors are critical for protecting high-value targets, including the capital city of Kyiv, and vital energy infrastructure that Russia has systematically targeted. President Volodymyr Zelenskyy has stated that Ukraine needs more of these systems, as the current six to eight units leave vast areas of the country exposed to Russian attacks.
However, the deployment is not without risks. Each Patriot missile costs between $2-4 million, and Russia actively targets these valuable systems on the battlefield. The U.S. itself has a limited global inventory of Patriot units, balancing urgent requests from Ukraine with strategic commitments to allies in the Middle East and the South China Sea. This deployment signals a critical phase in the Russia-Ukraine war, testing both Ukrainian resilience and American strategic resolve.
#RussiaUkraineWar
#PatriotSystem
#DonaldTrump
#BreakingNews
#USPolitics
#Zelenskyy
#Putin
#WorldNews
#OneindiaNews
#Geopolitics
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