‘Pay Tariffs or Stop Doing Business with Us’: Trump Dares Nations, Shrugs Off Market Crash | Details
Video Credit: Oneindia - Duration: 03:30s - Published
‘Pay Tariffs or Stop Doing Business with Us’: Trump Dares Nations, Shrugs Off Market Crash | Details
Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether.
Calling the tariffs “appropriate,” Trump brushed aside stock market dips and claimed his policies were making America “strong.” While pausing new duties for 90 days—except for China—he insisted that a 10% tariff would be the new baseline.
Trump also boasted about global reliance on the U.S. dollar and said foreign governments were desperate to negotiate.
Markets saw some rebound after his walk-back announcement on baseline tariffs.
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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.
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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.
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