Trump announces 50% tariff on Brazil, citing what he claims is a ‘witch-hunt’ against Bolsonaro – live updates

US president slaps tariff on Brazil and complains about treatment of Brazil’s former president, who is facing trial over an alleged coup attemptTrump targets Brunei, Libya and Moldova with latest threat of US tariffsTrump says Bolsonaro ‘not guilty of anything’ amid Brazil coup trialThe US justice department has sued California over state policies allowing transgender athletes to compete in girls’ school sports, alleging that allowing them to do so violates federal anti-discrimination laws.The lawsuit, filed in federal court in Los Angeles, claims that California’s policies violate Title IX, which affords legal protection against sex discrimination.Our Fed Rate is AT LEAST 3 Points too high. “Too Late” is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs. No Inflation, COMPANIES POURING INTO AMERICA. “The hottest Country in the World!” LOWER THE RATE!!!ANYBODY BUT “TOO LATE.”In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.Anybody would be better than Jay Powell. He’s costing us a fortune because he keeps the rate way up. Continue reading...

Trump announces 50% tariff on Brazil, citing what he claims is a ‘witch-hunt’ against Bolsonaro – live updates

US president slaps tariff on Brazil and complains about treatment of Brazil’s former president, who is facing trial over an alleged coup attempt

The US justice department has sued California over state policies allowing transgender athletes to compete in girls’ school sports, alleging that allowing them to do so violates federal anti-discrimination laws.

The lawsuit, filed in federal court in Los Angeles, claims that California’s policies violate Title IX, which affords legal protection against sex discrimination.

Our Fed Rate is AT LEAST 3 Points too high. “Too Late” is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs. No Inflation, COMPANIES POURING INTO AMERICA. “The hottest Country in the World!” LOWER THE RATE!!!

ANYBODY BUT “TOO LATE.”

In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.

Anybody would be better than Jay Powell. He’s costing us a fortune because he keeps the rate way up.

Continue reading...