Friday’s ruling from a federal appeals court further complicated former President Trump’s economic agenda, specifically regarding his imposition of tariffs. The court found Trump lacked the authority to enforce a majority of his broad tariffs on imported goods. This decision constitutes another significant legal hurdle for the trade policies central to his administration’s approach. The ruling directly challenges the president’s power to unilaterally enact such tariffs, impacting trade relationships with numerous nations.
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Former President Donald Trump has imposed a 50% tariff on most US imports from India, following through on threats related to India’s purchases of discounted Russian oil. This action, which adds to existing 25% tariffs, risks damaging the Indian economy and disrupting global supply chains. In response, India’s government has refused to halt oil purchases and has encouraged citizens to buy domestic goods, potentially leading to closer ties with Russia and China. Economists predict this will reduce India’s GDP. The US has not taken similar action against China, a major purchaser of Russian oil, nor has it taken similar actions against other countries.
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In India, Trump’s tariffs spark calls to boycott American goods, and the sentiment is certainly a complex one, reflecting a blend of frustration, pragmatism, and a dash of defiance. It seems the tariffs, however the origin or intent, are acting as a catalyst, igniting discussions about the viability and impact of a boycott.
Many Indians seem to feel that the impact on everyday consumer goods might not be as significant as one might think. The retail landscape, at least in some sectors, already leans heavily towards local options. Some are suggesting that outside of perhaps a “gourmet American experience,” there isn’t a massive reliance on American goods, particularly in the retail sector.… Continue reading
President Trump has announced plans to increase tariffs on India within the next day. This decision stems from India’s ongoing purchase of Russian oil. Trump stated that these purchases are contributing to the Russian war effort.
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Following U.S. President Donald Trump’s decision to raise tariffs on Canadian goods to 35 percent, Prime Minister Mark Carney expressed disappointment. The Canadian government remains committed to the Canada-U.S.-Mexico Agreement, though some sectors, including lumber, steel, and automobiles, are heavily impacted. Trump cited Canada’s lack of cooperation on border security and retaliatory measures as justification for the increase. Despite ongoing negotiations, the situation raises concerns about the future of the Canadian economy.
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President Trump announced a 90-day pause on increasing tariffs on Mexican goods, avoiding the threatened escalation to 30%. This extension allows time for a trade deal to be negotiated. During this period, Mexico will maintain existing tariffs, including 25% on fentanyl and auto imports and 50% on metal commodities. Additionally, Mexico has agreed to eliminate several non-tariff trade barriers. The extension highlights the significance of Mexico as a trading partner and the relationship between Trump and President Sheinbaum.
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Brazilian President Luiz Inácio Lula da Silva announced that his government has been unsuccessful in its attempts to negotiate with the U.S. regarding the 50% tariff on Brazilian imports threatened by former U.S. President Donald Trump. Washington has seemingly ignored Brazil’s attempts to negotiate before the tariff’s expected implementation. Trump has directly linked the import tax to the ongoing trial of his ally, former Brazilian President Jair Bolsonaro, exacerbating tensions. Brazil has also raised concerns at the World Trade Organization, arguing that such tariffs violate the organization’s principles and disrupt global value chains.
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President Trump has increased his demands in trade talks with the European Union as the August 1 deadline approaches, according to sources familiar with the negotiations. Discussions have stalled, with the EU seeking a deal similar to the UK’s, which maintained a 10% tariff. Trump has expressed concern over the EU’s trade surplus with the U.S., while EU officials argue for a more balanced view including services and investments.
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On July 12, 2025, Mexican farmworker Jaime Alanis Garcia died after falling from a greenhouse roof during a federal immigration raid at Glass House Farms in California, prompting Mexico’s President to consider legal action against ICE. The raid, which occurred on July 10, 2025, resulted in 319 arrests and involved federal agents, National Guard troops, and military vehicles. Garcia, a 10-year employee, sustained fatal injuries, while the DHS claimed he was not being pursued when he fell. The incident has raised tensions between the two countries, especially as former President Trump threatens Mexico with 30% tariffs.
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US trade talks with Indonesia, currently at nearly $40 billion in 2024, show growing US exports and imports. Senior Indonesian officials confirmed they are preparing a joint statement regarding tariffs, following Trump’s threat of a 32% tariff rate and similar letters sent to other trading partners. Trump has stated that talks with India are moving in a similar direction and that a trade deal with Vietnam is nearly complete. The implementation of these tariffs would raise the US effective average tariff rates, potentially making it the highest since 1933.
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John Q. Hosedrinker 
Matt Underwood