This Week in the World Affairs Brief

TRUMP’S LATEST ULTIMATUM TO PUTIN

President Trump has appropriately realized the 50-day deadline he gave Russian President Vladimir Putin to reach a peace deal with Ukraine was far too long and has now made it less than two weeks. Because Russia has been under various forms of sanctions for years, it is relatively immune to Trump’s favorite negotiating tool, so he is hoping to add teeth to his ultimatum by threatening to impose a massive 100% (or higher) secondary tariff on Russia’s oil partners who buy oil and turn it around for sale to the West. The trading partners are generally composed of the BRICS nations who are socialist and communist nations trying to dethrone the dollar as the world’s reserve currency, and challenge US hegemony in the world. They include Russia, China and India. Trump’s intent is to blunt Putin’s revenue stream that is financing the Ukraine war, but all other products that India produces for export to the US will be subject to this higher tariff tax that will be paid for by Americans. While it is true that massive tariff increases do limit the export potential of the affected countries, using tariffs as a foreign policy weapon hurts a lot of innocent people. Although it will put a few screws on Putin, it won’t nearly be enough to blunt his appetite for taking back Ukraine in the least. Trump’s tariffs also won’t change China’s thirst for world power. To receive a free one-time copy of this brief, along with options on how to subscribe, click on Request a sample on the left.

Also:
  • Mexico Scores Trade Deal Despite Cartels and Drug Trade
  • Trump Names a Few Names Tied to Epstein
  • Kim Jong Un Betrays Trump’s Friendship

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