President Donald Trump is threatening to slap a steeper 35% tariff on products from Canada beginning August 1 unless steps are taken to curb the flow of fentanyl over its shared border with the United States.
Trump warned Canadian Prime Minister Mark Carney in a <a href="https://truthsocial.com/@realDonaldTrump/posts/114831716625825473">letter</a> on Thursday that the United States would hike the rate up from 25% – and possibly more. Still, Canada could avoid some or all of the added tariff, he suggested.
“If Canada works with me to stop the flow of Fentanyl, we will, perhaps, consider an adjustment to this letter. These Tariffs may be modified, upward or downward, depending on our relationship with your country,” the president wrote.
A White House official <a href="https://www.wsj.com/world/americas/trump-threatens-35-tariff-on-some-canadian-goods-d1306890" target="_blank" rel="noopener">told</a> The Wall Street Journal that goods in compliance with the U.S.-Mexico-Canada Agreement would at least for now be exempt from the 35% tariff rate — as they had been with the 25% penalty Trump implemented earlier this year.
Canadian goods that are “transshipped,&#8221; or products sent to the United States via another country first to evade the tariff on Canada, would still be subject to the heightened rate.
Trump, who noted the larger penalty would be &#8220;separate from all Sectoral Tariffs,&#8221; railed against Canada’s trade policies. He said they &#8220;cause unsustainable trade deficits against the United States&#8221; and placed a focus on dairy farmers.
“Canada charges extraordinary Tariffs to our Dairy Farmers — up to 400% — and that is even assuming our Dairy Farmers even have access to sell their products to the people of Canada. The Trade Deficit is a major threat to our Economy, and, indeed, our National Security!” the president wrote.
Trump also mentioned in his letter how Canada previously &#8220;retaliated&#8221; with its own tariffs rather than &#8220;working with&#8221; the United States.
The escalation in the tariff fight with the United States’ neighbor to the north comes as the president has <a href="https://www.nbcnews.com/politics/donald-trump/trump-tariffs-inflation-hasbro-ukraine-patriot-missiles-nato-russia-rcna218125">prepared</a> an increased blanket tariff for a slate of countries that have either not been notified of increased tariffs yet or have already agreed to a framework of a trade deal with the United States.
“We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%. We’ll work that out now,” Trump told <a href="https://www.nbcnews.com/politics/donald-trump/trump-tariffs-inflation-hasbro-ukraine-patriot-missiles-nato-russia-rcna218125">NBC News</a> on Thursday.
“I’d like to do it today,” Trump said of his plan to send letters laying out new tariff schedules. “I’m talking European Union, which is, as you know, many countries, and Canada. We’ll be putting them out over the next couple of hours.”
In recent days, Trump has posted a number of letters warning of new tariff rates. 
On Wednesday, Trump posted one of his steepest threats, <a href="https://www.nbcnews.com/business/economy/trump-hits-brazil-50-percent-tariff-citing-ex-president-jair-bolsonaro-rcna217859">warning</a> Brazilian President Luiz Inácio Lula da Silva that Brazilian products could face a 50% jump in tariffs over the government’s treatment of former Brazilian President Jair Bolsonaro, who is facing charges related to the 2022 election.
“This is nothing more, or less, than an attack on a Political Opponent — Something I know much about!” Trump wrote in a Truth Social <a href="https://truthsocial.com/@realDonaldTrump/posts/114812490799920916">post</a> defending Bolsonaro.
“The Great People of Brazil will not stand for what they are doing to their former President. I’ll be watching the WITCH HUNT of Jair Bolsonaro, his family, and thousands of his supporters, very closely. The only Trial that should be happening is a Trial by the Voters of Brazil — It’s called an Election. LEAVE BOLSONARO ALONE!” he wrote.

Mark Carney, Donald Trump

Trump Threatens 35% Tariff On Canada Over Fentanyl Trafficking

Canada

Donald Trump

Mark Carney

Tariffs

Trade War

United States

President Donald Trump took a sledgehammer to Brazil on Wednesday, calling out the leftist government for its censorship of U.S. social media and its &#8220;witch hunt&#8221; targeting former conservative president Jair Bolsonaro.
In a <a href="https://x.com/RapidResponse47/status/1943043154946457812">letter</a> to Brazilian President Luiz Inácio Lula da Silva — one of the many letters Trump has sent to countries around the world this week — the U.S. president deviated from his typical message announcing tariff rates to blast &#8220;Brazil&#8217;s insidious attacks on Free Elections, and the fundamental Free Speech Rights of Americans.&#8221;
&#8220;Dear Mr. President,&#8221; Trump began the letter. &#8220;I knew and dealt with former President Jair Bolsonaro, and respected him greatly, as did most other Leaders of Countries. The way that Brazil has treated former President Bolsonaro, a Highly Respected Leader throughout the World during his Term, including by the United States, is an international disgrace. This trial should not be taking place. It is a Witch Hunt that should end IMMEDIATELY!&#8221;
Last year, Bolsonaro was <a href="https://edition.cnn.com/2024/11/21/americas/brazilian-ex-president-jair-bolsonaro-indicted-over-attempted-coup-plot/index.html">charged</a> alongside 36 other people for taking part in an alleged coup to overthrow the government after he lost the 2022 election to Lula. Brazilian prosecutors claim the plot included plans to commit political assassinations, but Bolsonaro has denied the allegations and argued that the charges against him are politically motivated. Bolsonaro has maintained the <a href="https://www.pewresearch.org/global/2024/09/23/brazilians-views-of-lula-and-bolsonaro/">support</a> of millions of Brazilians as he faces the indictment brought against him by Lula&#8217;s leftist government.
Trump has also defended Bolsonaro on numerous occasions, saying earlier this week that he will &#8220;be watching the WITCH HUNT of Jair Bolsonaro, his family, and thousands of his supporters, very closely.&#8221;
&#8220;The only Trial that should be happening is a Trial by the Voters of Brazil — It’s called an Election. LEAVE BOLSONARO ALONE!” he <a href="https://truthsocial.com/@realDonaldTrump/posts/114812490799920916">added</a>.
In his letter to Lula on Wednesday, Trump also slammed the government for going after American social media companies. Last year, the Brazilian Supreme Court upheld a nationwide <a href="https://www.dailywire.com/news/brazilian-judge-orders-suspension-of-x-social-media-platform-responds">ban</a> on Elon Musk&#8217;s social media platform, X. The country&#8217;s Supreme Court took further action on the issue last month, <a href="https://www.ft.com/content/4a5235c5-acd0-4e81-9d44-2362a25c8eb3">ruling</a> that social media platforms can be held liable for their users&#8217; posts.
Trump wrote in the letter, &#8220;Due in part to Brazil&#8217;s insidious attacks on Free Elections, and the fundamental Free Speech Rights of Americans (as lately illustrated by the Brazilian Supreme Court, which has issued hundreds of SECRET AND UNLAWFUL Censorship Orders to U.S. Social Media platforms, threatening them with Millions of Dollars in Fines and Eviction from the Brazilian Social Media market), starting on August 1, 2025, we will charge Brazil a Tariff of 50% on any and all Brazilian products sent into the United States, seperate from all Sectoral Tariffs.&#8221;
Trump has sent numerous letters to countries around the world this week, informing them of the tariffs they will pay come August 1. The 50% tariff rate on Brazil is the highest one that Trump has unveiled this week, a rate that Trump said &#8220;is necessary &#8230; to rectify the grave injustices of the current regime.&#8221;

Donald Trump/Luiz Inacio Lula da Silva

Trump Rips Brazil Over Censorship, Bolsonaro ‘Witch Hunt’ — Then Says Country Will Face 50% Tariff

Brazil

Free Speech

Global Politics

Jair Bolsonaro

Social Media

U.S.

WASHINGTON/BRUSSELS (Reuters) — The European Union said it was working on sealing a trade deal with the United States by the end of the month, while U.S. President Donald Trump promised that he would deliver further tariff notices on unnamed countries on Wednesday.
Trump broadened out a trade war that has cast a shadow over the global economic outlook when he said on Tuesday he would impose a 50% tariff on imported copper and soon introduce long-threatened levies on semiconductors and pharmaceuticals.
Trump said late on Tuesday that &#8220;a minimum of seven&#8221; tariff notices would be released on Wednesday morning, and more in the afternoon. He gave no other details in his Truth Social post.
The threat came a day after he pressured 14 trading partners, including powerhouse U.S. suppliers South Korea and Japan, with tariff letters imposing levies of 25% and upwards to take effect from August 1.
<h3>NEGOTIATIONS WITH THE E.U.</h3>
Trump said trade talks have been going well with China and the European Union, which is the biggest bilateral trading partner of the U.S.
Trump said he would &#8220;probably&#8221; tell the E.U. within two days what rate it could expect for its exports to the U.S., adding that the 27-nation E.U. had become much more cooperative.
&#8220;They treated us very badly until recently, and now they&#8217;re treating us very nicely. It&#8217;s like a different world, actually,&#8221; he said.
European Commission President Ursula von der Leyen gave a guarded response.
&#8220;We stick to our principles, we defend our interests, we continue to work in good faith, and we get ready for all scenarios,&#8221; von der Leyen told the European Parliament.
A European Commission spokesperson said that the E.U. aimed to reach a trade deal before August 1, potentially even in the coming days.
However, Italian Economy Minister Giancarlo Giorgetti warned that talks between the two sides were &#8220;very complicated&#8221; and could continue right up to the deadline.
<h3>HIGHEST TARIFF LEVELS SINCE 1934</h3>
Equity markets shrugged off Trump&#8217;s latest tariff salvo on Wednesday, while the yen remained on the back foot after the levies set for Japan.
Following Trump&#8217;s announcement of higher tariffs for imports from the 14 countries, U.S. research group Yale Budget Lab estimated consumers face an effective U.S. tariff rate of 17.6%, up from 15.8% previously and the highest in nine decades.
Trump&#8217;s administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $100 billion so far and could collect $300 billion by the end of the year. The United States has taken in about $80 billion annually in tariff revenue in recent years.
Trump&#8217;s administration promised &#8220;90 deals in 90 days&#8221; after he unveiled an array of country-specific duties in early April. So far, only two agreements have been reached, with Britain and Vietnam. Trump has said a deal with India was close.
(Reporting by Julia Payne, Charlotte Van Campenhout, Philip Blenkinsop, Trevor Hunnicutt, Dan Burns; Writing by Keith Weir; Editing by Alex Richardson)

FILE PHOTO: European Union leaders summit in Brussels

E.U. Seeks To Finalize Trade Deal With Trump By End Of The Month

Economy

European Union

President Donald Trump fields questions on tariffs, Ukraine, and Jeffrey Epstein during his sixth cabinet meeting, fallout continues from the Central Texas floods, and the Trump administration rejects amnesty but hints at flexibility for some illegal immigrant workers.
It’s Wednesday, July 9, and this is the news you need to know to start your day.
Morning Wire is available on video! You can watch today’s episode here:
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If you’d rather listen to your news, today’s edition of the Morning Wire podcast can be heard below:
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<h2>Trump Convenes His Cabinet</h2>
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Topline:  President Trump provided new details on tariffs, support for Ukraine, and Jeffrey Epstein during a wide-ranging cabinet meeting on Tuesday.
Cabinet meetings traditionally take place behind closed doors, but on Tuesday, President Trump spent nearly two hours taking questions from reporters. While many questions addressed the recent flash flooding in Texas, the president also spent a considerable amount of time discussing his plans for new tariffs.
In April, President Trump announced a 90-day pause on his ‘Liberation Day’ tariffs to offer countries a chance to negotiate lower rates — but warned that any country that didn’t come to the table would be hit with massive tariffs on July 9. However, despite early signs of optimism from our trading partners, the reality is that we have yet to see the “90 deals in 90 days” that the White House initially promised. 
To date, the only countries with formal, finalized trade agreements are the United Kingdom and Vietnam. 
The White House insists it is approaching the finish line with the European Union, India, and Cambodia, among others, but the administration clearly needs more time. On Monday, the president signed an executive order extending the tariff deadline to August 1. In an effort to expedite negotiations in the meantime, Trump sent letters to more than a dozen countries, stating that without a deal, they would face enormous tariffs on August 1, and if they raised rates in response, the United States would increase them even further. 
Treasury Secretary Scott Bessent also announced that the United States government had collected “about $100 billion in tariff income thus far this year” and projected that that figure could rise to well over $300 billion by the end of the year.&#8221;
Meanwhile, since taking office and that disastrous White House meeting with Ukrainian President Volodymyr Zelensky, the Trump administration has significantly cut its military and financial support for Ukraine. Trump said that he was worried Zelensky would avoid peace talks if he knew the United States would send an endless supply of weapons, and there were those in Washington who believed Russian President Vladimir Putin would be more willing to come to the table if support was cut off.
But with Moscow stepping up its attacks on population centers in Ukraine and Putin repeatedly backing out of peace talks, Trump has reversed himself and announced that the United States would resume weapons shipments to Ukraine. Trump later added that he’s seriously considering even harsher sanctions on Moscow.
“We want to put defensive weapons because Putin is not treating human beings right,” Trump told reporters. “We get a lot of bullsh** thrown at us by Putin — you want to know the truth. He&#8217;s very nice all the time, but it turns out to be meaningless.&#8221;
President Trump also turned heads with his remarks on Jeffrey Epstein – the Trump administration essentially closed its case on Epstein this week, saying there is no evidence that he was murdered, had a client list, or blackmailed powerful individuals. 
That decision has dominated the headlines, but the president seemed irritated, even <a href="https://x.com/9mm_smg/status/1942628135263989932">exasperated</a>, when asked about it.“Are people still talking about this guy, this creep? That is unbelievable. Do you wanna waste the time… I can’t believe you’re asking a question about Epstein at a time like this.”
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<h2>Tensions High In Texas After Flash Floods Kill Over 100 People</h2>
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Topline: While rescue and recovery operations continue in Texas, some are already asking why communities were so unprepared for the natural disaster.
The tragedy that has killed more than 100 people, with many still missing, has left officials to face tough questions. Searches are underway throughout Central Texas. Rains and flash flood warnings have hindered progress, and officials have had to not only look for those missing, but also protect the emergency responders and volunteers that have joined the search crews.
“In the Kerr County area alone, there are 161 people who are known to be missing,” Texas Governor Greg Abbott <a href="https://www.youtube.com/watch?v=Y2yquWcGJ9g&amp;t=2938s">said</a> on Tuesday. “We will not stop until every missing person is accounted for. Know this also, there is very likely more to be added to that list.”
Press conferences have started to become testy, however, with local and national reporters pushing officials to answer increasingly pointed questions about their disaster response, including but not limited to, “Was the emergency manager awake?”
Kerrville City Manager Dalton Rice defended the decision not to issue an evacuation order before the flooding, <a href="https://www.youtube.com/watch?v=xgKRuDsTEyk&amp;t=1303s">arguing</a> that “evacuation is a delicate balance, because if you evacuate too late you then risk putting busses, or cars, or vehicles, or campers on roads into low water areas trying to get them out which then can make it even more challenging, because these flash floods happen very quickly.”
Critics have claimed that recent cuts to the National Weather Service led to the organization being understaffed and less prepared. Texas Republican Senator Ted Cruz characterized those allegations as “partisan finger-pointing” and claimed that the local NWS office had surged “additional manpower” in anticipation of possible flooding. The NWS union, which has generally been very critical of the recent cuts, has also said that the reductions did not impact the response.
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<h2>To Deport, Or Not To Deport</h2>
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Topline: The Trump administration is again signaling a shift in how it is addressing illegal immigration in the farming industry. 
Immigration and Customs Enforcement (ICE) has been authorized by the Department of Homeland Security (DHS) to continue worksite raids on farms to sweep for illegal immigrants. That directive was <a href="https://www.cnn.com/2025/06/17/politics/homeland-security-immigration-raids-resume">issued</a> in June, shortly after the administration announced a pause on those raids, as well as raids at hotels and restaurants. Since then, the Trump administration has sent additional signals that it is attempting to balance its commitment to deporting all illegal aliens with more immediate economic concerns, including potential workforce shortages.
“We’re going to take care of our farmers and hotel workers, but we&#8217;re working on it right now,” President Trump said. “We have a lot of cases where ICE would go into the farm, and these are guys that are working there for 10 to 15 years, no problem. … The farmers know them. It’s called ‘farmer responsibility’ or ‘owner responsibility,’ but they&#8217;re going to be largely responsible for these people, and they know these people…They can be here legally. They can pay taxes and everything. They&#8217;re not getting citizenship, but they get other things. And the farmers need them to do the work.”
That approach has caused backlash among some of the president&#8217;s more ardent supporters, many of whom favor a zero-tolerance policy towards illegal aliens living and/or working in the United States.
In June, U.S. Agriculture Secretary Brooke Rollins <a href="https://x.com/BrookeLRollins/status/1934240461717143696">expressed</a> her full commitment to the America First agenda, but said deportations were being “prioritized” in a way to avoid “severe disruptions to our food supply.” On Tuesday, after being questioned by Daily Wire White House Correspondent Mary Margaret Olohan, Rollins elaborated that the Trump administration will offer illegal immigrants working on farms “no amnesty under any circumstances. Mass deportations continue, but in a strategic and intentional way as we move our workforce toward more automation and toward a 100% American workforce.”
Some reports, mostly out of California, said illegal immigrant farm laborers stopped showing up to work out of fear of deportation, and crops had gone unharvested. One <a href="https://www.theguardian.com/us-news/2025/jul/01/ice-raids-crops-california-farms">report</a> cited numerous farm supervisors who stated that the number of workers dropped dramatically since raids began in California; one supervisor claimed that only 80 of 300 people showed up to work, while another saw a drop from 80 workers to 17. Recent estimates by the Department of Agriculture suggest that about <a href="https://www.ers.usda.gov/topics/farm-economy/farm-labor#:~:text=Roughly%20Half%20of%20Hired%20Crop,unauthorized%20is%20highest%20in%20California.">40-50%</a> of crop farmworkers are either in the country illegally or lack proper work authorization.

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Morning Brief: Trump Says No Amnesty For Illegals & Texas Flood Fallout

brooke rollins

Cabinet

California

Farming

flooding

Floods

illegal immigrants

Jeffrey Epstein

Media

Morning Wire

Politics

Russia

Ted Cruz

Texas

Ukraine

Ukraine-Russia War

weapons

President Donald Trump announced on Monday that the United States would impose 25% tariffs on imports from Japan and South Korea, following his extension of the &#8220;Liberation Day&#8221; tariff deadline, initially scheduled for April.
On Truth Social, Trump posted letters addressed to the leaders of both countries informing them of the new tariffs. The 25% blanket tariffs will be in addition to sector-specific tariffs already in place. The tariffs on Japan and South Korea will go into effect on August 1.
&#8220;Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country,&#8221; Trump wrote to both Japanese Prime Minister Shigeru Ishiba and South Korea&#8217;s new president, Lee Jae-myung. Trump added that Japanese and South Korean companies can avoid the tariffs if they manufacture their products in the United States.
Trump then warned the countries against retaliating against the United States with reciprocal tariffs, stating that he would respond by increasing tariffs on them, in addition to the 25% blanket tariffs.
&#8220;If you wish to open your heretofore closed Trading Markets to the United States and eliminate your Tariff, and Non Tariff, Policies and Trade Barriers, we will, perhaps, consider an adjustment to this letter,&#8221; Trump wrote to both nations. &#8220;These tariffs may be modified, upward or downward, depending on our relationship with your Country. You will never be disappointed with the United States of America.&#8221;
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Trump posted the letters shortly after Treasury Secretary Scott Bessent <a href="https://www.dailywire.com/news/bessent-promises-several-trade-announcements-over-the-next-48-hours">told</a> CNBC on Monday morning that &#8220;several&#8221; trade announcements would come &#8220;in the next 48 hours.&#8221; Trump hinted last week that he would soon send letters to countries outlining their new tariff rates. Japanese economy minister Ryosei Akazawa has <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-06-30-2025/card/trump-says-japan-will-get-letter-outlining-new-tariff-rate-11aR4lQ9f3AsmCBVtOq8?mod=article_inline">traveled</a> to Washington, D.C., seven times in recent weeks for ongoing trade talks with the Trump administration, but so far, the talks have yielded no results.
Last week, Trump said that there likely wouldn&#8217;t be a trade deal with Japan, calling the country &#8220;spoiled,&#8221; The Hill <a href="https://thehill.com/homenews/administration/5381161-trump-japan-trade-deal-tariffs-rice/">reported</a>.
“We dealt with Japan. I’m not sure if we’re going to make a deal. I doubt it with Japan — they’re very tough. You have to understand, they’re spoiled. I love Japan. I really like the new prime minister, too,&#8221; he said, adding, “But they and others are so spoiled from having ripped us off for 30, 40 years that it’s really hard for them to make a deal. You know, it’s very hard. As an example, with Japan, they won’t take rice, and yet they desperately need rice,” he said. “They won’t take any cars, but they’ll sell millions. So, we told them, ‘Sorry you can’t do that.’”
South Korean Trade Minister Yeo Han-koo met with U.S. Trade Representative Jamieson Greer in D.C. over the weekend, where he called on the United States to eliminate or reduce tariffs on steel and vehicles, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-07-06/south-korea-seeks-us-trade-deadline-extension-as-tariffs-loom">reported</a>. Yeo&#8217;s meeting with Greer marked his second trip to D.C. since the new administration took over in South Korea.

Trump Slaps 25% Tariff On Japan, South Korea, Warns Against Retaliation

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Japan

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Treasury Secretary Scott Bessent promised on Monday that the Trump administration would make &#8220;several announcements in the next 48 hours&#8221; regarding President Donald Trump&#8217;s trade agenda.
Bessent said during an interview with CNBC&#8217;s &#8220;Squawk Box&#8221; that the president is actively &#8220;trying to get everyone across the finish line&#8221; on agreements. Bessent&#8217;s comments come hours after Commerce Secretary Howard Lutnick, in an interview alongside Trump on Sunday, <a href="https://www.cnbc.com/2025/07/06/stock-market-today-live-updates.html">said</a> that tariffs will take effect on August 1, pushing back the plan for Trump&#8217;s &#8220;Liberation Day&#8221; tariffs to hit countries around the world on July 9 after a 90-day reprieve.
&#8220;What President Trump is concerned about is the quality of the deals, not the quantity,&#8221; Bessent said.
&#8220;My mailbox was full last night with a lot of new offers, a lot of new proposals,&#8221; he added. &#8220;So it&#8217;s going to be a busy couple of days. But importantly, too, President Trump has said that the countries would not go back to the recipricol [tariff] rate until August 1.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
.<a href="https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw">@SecScottBessent</a> on trade negotiations: &quot;We are going to have several announcements in the next 48 hours&#8230; What President Trump is concerned about is the quality of the deals, not the quantity&#8230; It&#39;s going to be a busy couple of days.&quot; <a href="https://t.co/xBWFDoaP7l">pic.twitter.com/xBWFDoaP7l</a>
&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1942197285720350979?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
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The Treasury Secretary <a href="https://www.dailywire.com/news/bessent-trump-will-revive-foreign-tariffs-if-countries-dont-move-along-by-august-1?author=Hank+Berrien&amp;category=undefined&amp;elementPosition=2&amp;row=3&amp;rowHeadline=Latest+News&amp;rowType=Vertical+Carousel&amp;title=Bessent%3A+Trump+Will+Revive+Foreign+Tariffs+If+Countries+Don%E2%80%99t+%E2%80%98Move+Along%E2%80%99+By+August+1">told</a> CNN on Sunday that Trump plans to send letters to countries, warning them to &#8220;move things along&#8221; or tariffs will &#8220;boomerang back to your April 2 tariff level.&#8221;
&#8220;So I think we’re going to see a lot of deals very quickly,&#8221; Bessent added.
Trump is also ramping up <a href="https://www.dailywire.com/news/trump-threatens-tariffs-for-countries-backing-anti-american-global-alliance?topStoryPosition=undefined&amp;author=Hank+Berrien&amp;category=News&amp;elementPosition=2&amp;row=1&amp;rowHeadline=Top+Stories&amp;rowType=Top+Stories&amp;title=Trump+Threatens+Tariffs+For+Countries+Backing+%E2%80%98Anti-American%E2%80%99+Global+Alliance">pressure</a> on countries that align with &#8220;anti-American&#8221; trade policies of the BRICS nations, which include Brazil, Russia, India, and China. Ten countries have recently become &#8220;partner states&#8221; with BRICS, which could potentially lead to their inclusion as member nations. The 10 &#8220;partner states&#8221; include Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Vietnam, Uganda, and Uzbekistan.
&#8220;Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,&#8221; Trump posted on Truth Social as the BRICS nations met in Rio de Janeiro. &#8220;There will be no exceptions to this policy. Thank you for your attention to this matter!&#8221;
The stock market is down on Monday amid President Trump&#8217;s renewed push for trade. The Dow Jones Industrial Average futures dropped 70 points Monday morning, the S&amp;P 500 futures fell 0.3%, and the Nasdaq 100 futures were down 0.5%.

Scott Bessent

Bessent Promises ‘Several’ Trade Announcements Over ‘The Next 48 Hours’

Stock Market

President Donald Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114809528606729733" target="_blank" rel="noopener">warned</a> on Sunday that any countries considering alignment with the BRICS intergovernmental organization would face an additional 10% tariff, with no exceptions.
The BRICS group was initially founded in 2009 by Brazil, Russia, India, and China as a forum for discussing coordinated policies, much like the G7 countries, which include the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom. Other countries that have joined BRICS include South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump posted on Truth Social. “There will be no exceptions to this policy. Thank you for your attention to this matter!”
Last December, as president-elect, Trump <a href="https://www.bbc.com/news/articles/cgrwj0p2dd9o">warned</a> the BRICS countries against developing a currency to challenge the American dollar, stating, &#8220;The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER.”
“China and Russia see BRICS as a way to challenge the United States’ influence on geopolitics and decision-making, and have pushed the group to grow in size,” The New York Times has <a href="https://www.nytimes.com/2025/07/05/world/americas/iran-brics-summit-rio-de-janeiro.html">noted</a>.
Meanwhile, at the BRICS summit on Sunday in Brazil, representatives of the Iranian government, seeking allies, attended the meeting. On Sunday, the BRICS group issued a statement condemning President Trump’s strike on Iran’s nuclear facilities, <a href="https://www.scmp.com/news/china/diplomacy/article/3317159/brics-leaders-set-condemn-strikes-iran-avoid-direct-mention-us-israel">calling</a> them a “violation of international law.”
In January, nine countries <a href="https://geopoliticaleconomy.com/2024/10/26/brics-13-partner-countries-summit-kazan-russia/">became</a> “partner states” with BRICS, a first step toward joining and becoming official members. Those countries included Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan. Last month, Vietnam became another “partner state,” a designation that <a href="https://www.reuters.com/world/china/vietnam-admitted-brics-partner-country-brazil-says-2025-06-13/">permits</a> a country to participate in BRICS summits and other discussion sessions.
At the meeting in Brazil, Dilma Rousseff, the chair of the New Development Bank (NDB), which was established by the BRICS nations, boasted, “Today we have strong credit ratings, including a AAA grade from the Japanese agency JCR, and we are expanding into new markets, such as yen-denominated instruments and the Middle East,” then warned against economies relying on the U.S. dollar for external financing, as she declared,  “Any business or government that borrows in foreign currency becomes subject to decisions made by the Federal Reserve or other central banks in developed nations.”
“As a concrete example of this alternative approach, she pointed to a project in Brazil funded directly in renminbi, without the need for dollar conversion,” the BRICS portal <a href="https://infobrics.org/en/post/51428/">reported.</a>

BRAZIL-BRICS-SUMMIT

Trump Threatens Tariffs For Countries Backing ‘Anti-American’ Global Alliance

BRICS

Iran

US dollar

With the signing of the Big Beautiful Bill in the rearview mirror, most media networks pivoted back to panicking over the tariffs that are set to &#8220;boomerang&#8221; back to the levels initially set by President Donald Trump&#8217;s administration by August 1 — but Defense Secretary Pete Hegseth took the opportunity to talk about where the Defense Department is headed under his leadership.
For those who don&#8217;t spend their Sunday mornings glued to the television — and their Sunday afternoons attempting to dig through a week&#8217;s worth of network and cable news media spin — The Daily Wire has compiled a short summary of what you may have missed.
Hegseth spoke with the president&#8217;s daughter-in-law on &#8220;My View&#8221; with Lara Trump, and he addressed the controversy over the recent strike on Iranian nuclear targets — carried out by the United States Air Force — in addition to laying out some of his goals for the military in the coming months.
One of the key points Hegseth brought up was how he saw President Trump giving him free reign to do what was best for American service members.
&#8220;I wish everybody could have the opportunity to watch how President Trump operates. How he truly puts America first in EVERY scenario,&#8221; Hegseth explained.
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> joined <a href="https://twitter.com/LaraLeaTrump?ref_src=twsrc%5Etfw">@LaraLeaTrump</a>
Sec. Hegseth: “I wish everybody could have the opportunity to watch how President Trump operates.
How he truly puts America first in EVERY scenario.” <a href="https://t.co/I4lIRXQ1n2">pic.twitter.com/I4lIRXQ1n2</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941667228530651559?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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As he has in previous statements, Hegseth addressed the military&#8217;s physical training standards, promising to deliver on his promise to raise the standards across the board. &#8220;We&#8217;re trying to set the standard and raise the standard,&#8221; Hegseth said, arguing that PT was &#8220;one of the most basic things&#8221; that the military did — and noted it didn&#8217;t matter whether the service members were male or female, their responsibilities would still be the same.
<blockquote class="twitter-tweet">
OUR STANDARDS WILL BE HIGH. <a href="https://t.co/7NrjZpvsrg">pic.twitter.com/7NrjZpvsrg</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941669472013520967?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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Hegseth, a decorated Army National Guard veteran himself, jabbed at previous Defense Secretaries, many of whom were so far removed from the rank and file by the time they&#8217;d achieved that position that it often seemed they were out of touch with the troops they&#8217;d been charged with leading.
&#8220;It wasn&#8217;t that long ago I was in their shoes (our military), feeling like someone like the Secretary of Defense or the Secretary of the Army, feeling like they are so detached they can&#8217;t understand,&#8221; Hegseth said, explaining why he made a point of doing PT with the troops as he traveled from base to base around the world. &#8220;I&#8217;ve tried to close that gap.&#8221;
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> &#8220;It wasn&#8217;t that long ago I was in their shoes (our military), feeling like someone like the Secretary of Defense or the Secretary of the Army, feeling like they are so detached they can&#8217;t understand.
I&#8217;ve tried to close that gap.” <a href="https://t.co/kqWvjvlfjG">pic.twitter.com/kqWvjvlfjG</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941672209367306579?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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Trump got a taste of what service members go through on a regular basis, joining the Defense Secretary in a PT session with the troops as well.
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/LaraLeaTrump?ref_src=twsrc%5Etfw">@LaraLeaTrump</a> joined America&#8217;s <a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> for PT <a href="https://t.co/QbfLT1tuIa">pic.twitter.com/QbfLT1tuIa</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941672426686812411?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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Hegseth took some of the time to talk about the recent strikes on Iran, saying that the overall success of Operation Midnight Hammer had shown &#8220;the skill and capabilities of the United States Military.&#8221;
&#8220;The rest of the world paid attention too,&#8221; he said. &#8220;Other countries noticed what America can do.&#8221;
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/LaraLeaTrump?ref_src=twsrc%5Etfw">@LaraLeaTrump</a> &#8220;Walk us through what you can of this mission (Operation Midnight Hammer) and why it was so significant.&#8221;<a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> &#8220;It shows you the skill and capabilities of the United States Military&#8230;
The rest of the world paid attention to. Other countries noticed what… <a href="https://t.co/f4n8Il1Aj6">pic.twitter.com/f4n8Il1Aj6</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941673876246716600?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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Trump asked Hegseth about the legacy media reports that had undercut the mission&#8217;s success, citing Iranian sources that had claimed the nuclear targets had not actually been destroyed.
&#8220;They are so deranged by President Trump (the fake news) they HAVE TO FIND A WAY to undermine him,&#8221; he said.
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> on the legacy media reporting of Operation Midnight:
&#8220;They are so deranged by President Trump (the fake news) they HAVE TO FIND A WAY to undermine him.&#8221; <a href="https://t.co/BhLC3vr3E5">pic.twitter.com/BhLC3vr3E5</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941677809266491600?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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The overall message that Hegseth wanted to share was simple: President Donald Trump had American service members top of mind when he made decisions about what the military was going to do or how certain actions would be carried out.
&#8220;Watching President Trump make those decisions reveals again the core that everybody knows and loves about him. Which is that he puts America and Americans FIRST,&#8221; he said.
<blockquote class="twitter-tweet">
Our warfighters can sleep at night knowing that their commander-in-chief has their back.
. <a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> &#8220;Watching President Trump make those decisions reveals again the core that everybody knows and loves about him.
Which is that he puts America and Americans FIRST.&#8221; <a href="https://t.co/c9NRjyMTfh">pic.twitter.com/c9NRjyMTfh</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941675235176046798?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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As for his goals for the remainder of President Trump&#8217;s second term in office, Hegseth made it clear that he was keeping things simple: his plan, he told Trump, was to &#8220;keep going.&#8221;
&#8220;Driving change into institutions is a difficult thing to do,&#8221; he said, but noted that the military — across all branches — was already seeing a positive response to the changes in record-setting recruitment numbers. &#8220;There&#8217;s still resistance to change in certain places &#8230; Washington, D.C., can be very good at paying too much and taking too long. And if you have a businessman — which we do, as commander in chief — he has an expectation that we get it under cost and faster. So there&#8217;s a ton of work left to be done.&#8221;
<blockquote class="twitter-tweet">
. <a href="https://twitter.com/LaraLeaTrump?ref_src=twsrc%5Etfw">@LaraLeaTrump</a> &#8220;What are your goals going forward over the next three and a half years?&#8221;<a href="https://twitter.com/SecDef?ref_src=twsrc%5Etfw">@SecDef</a> &#8220;KEEP GOING.&#8221; <a href="https://t.co/5vOvxooTtz">pic.twitter.com/5vOvxooTtz</a>
— DOD Rapid Response (@DODResponse) <a href="https://twitter.com/DODResponse/status/1941678271805968803?ref_src=twsrc%5Etfw">July 6, 2025</a></blockquote>
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Defense Secretary Hegseth Testifies Before House Appropriations Subcommittee

Spin Cycle: While Most Pivot Back To Tariffs, Pete Hegseth Gives Update On Defense Priorities

Lara Trump

Military

Pete Hegseth

On Sunday, Treasury Secretary Scott Bessent revealed that President Trump is intent on reviving tariffs that were paused if countries don’t “move along” by August 1.
Bessent appeared on CNN‘s “State of the Union” with host Dana Bash, who asked what was going to happen when the initial 90-day pause on foreign tariffs expired in three days.
“I&#8217;m not going to give away the playbook, because we&#8217;re going to be very busy over the next 72 hours,” Bessent answered. “President Trump&#8217;s going to be sending letters to some of our trading partners, saying that, if you don&#8217;t move things along, then, on August 1, you will boomerang back to your April 2 tariff level. So I think we&#8217;re going to see a lot of deals very quickly. “
“So there&#8217;s basically a new deadline?” Bash asked.
“It’s not a new deadline,” Bessent replied. “We are saying this is when it&#8217;s happening. If you want to speed things up, have at it. If you want to go back to the old rate, that&#8217;s your choice.
Bessent explained that the “playbook” is “to apply maximum pressure. We saw that the E.U. was very slow in coming to the table. Three weeks ago, on a Friday morning, President Trump threatened 50 percent tariffs, and, within a few hours, five of the European national leaders had called him. And Ursula von der Leyen, the head of the E.U., was on the phone.” 
“We are close to several deals,” Bessent continued. “As always, there&#8217;s a lot of foot-dragging on the other side. And so I would expect to see several big announcements over the next couple of days.”
“The thing about being the deficit country, Dana, is, when you are the deficit country, you have the leverage,” Bessent asserted. “These are surplus countries that they have exported more to us than we export to them. So we have the leverage in this situation.”
When Bash posited that small business owners have told her they are living with uncertainty because of the tariffs, Bessent replied, “I&#8217;d say two things, is, the other thing they would probably have been telling you is, it was the uncertainty around taxes. So, with the One Big Beautiful Bill, they now have great certainty on taxes. &#8230; When I&#8217;m out talking to businesses, they want trade and taxes. So we have certainty on taxes now. All businesses know that they will be getting 100 percent expensing for new plant and equipment. On tariffs, again, it is the 18 important trading relationships. And we&#8217;re moving through those.”

Bessent: Trump Will Revive Foreign Tariffs If Countries Don’t ‘Move Along’ By August 1

President Donald Trump said he had signed letters to 12 countries outlining the various tariff levels they would face on goods they export to the United States, with the &#8220;take it or leave it&#8221; offers to be sent out on Monday.
Trump, speaking to reporters aboard Air Force One as he traveled to New Jersey, declined to name the countries involved, saying that would be made public on Monday.
Trump had earlier on Thursday told reporters that he expected a first batch of letters to go out on Friday, a national holiday in the United States, though the date has now shifted.
Trump in April announced a 10% base tariff rate and additional amounts for most countries, some ranging as high as 50%. However, all but the 10% base rate were subsequently suspended for 90 days to allow more time for negotiations to secure deals.
That period ends on July 9, although Trump early on Friday said the tariffs could be even higher — ranging up to 70% — with most set to go into effect August 1.
&#8220;I signed some letters and they&#8217;ll go out on Monday, probably twelve,&#8221; Trump said, when asked about his plans on the tariff front. &#8220;Different amounts of money, different amounts of tariffs.&#8221;
Trump and his top aides initially said they would launch negotiations with scores of countries on tariff rates, but the U.S. president has soured on that process after repeated setbacks with major trading partners, including Japan and the European Union.
He touched on that briefly late on Friday, telling reporters: &#8220;The letters are better &#8230; much easier to send a letter.&#8221;
He did not address his prediction that some broader trade agreements could be reached before the July 9 deadline.
The shift in the White House&#8217;s strategy reflects the challenges of completing trade agreements on everything from tariffs to non-tariff barriers such as bans on agricultural imports, and especially on an accelerated timeline.
Most past trade agreements have taken years of negotiations to complete.
The only trade agreements reached to date are with Britain, which reached a deal in May to keep a 10% rate and won preferential treatment for some sectors including autos and aircraft engines, and with Vietnam, cutting tariffs on many Vietnamese goods to 20% from his previously threatened 46%. Many U.S. products would be allowed to enter Vietnam duty free.
A deal expected with India has failed to materialize, and EU diplomats on Friday said they have failed to achieve a breakthrough in trade negotiations with the Trump administration, and may now seek to extend the status quo to avoid tariff hikes.
(Reporting by Andrea Shalal and Jasper Ward; Editing by William Mallard and Shri Navaratnam)

U.S. President Donald Trump speaks to members of the media on board Air Force One on the way to New Jersey

Trump Set To Send A Dozen ‘Take It Or Leave It’ Trade Deal Offers

President Donald Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114784170652465525" target="_blank" rel="noopener">announced</a> on Truth Social Wednesday that the United States and Vietnam had struck a trade deal, opening the Vietnamese market to American producers while imposing hefty tariffs on Vietnamese goods.
&#8220;It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam,&#8221; Trump wrote.
The deal comes just days before Trump’s <a href="https://www.dailywire.com/news/trump-issues-90-day-pause-on-most-tariffs-raises-chinas-to-125" target="_blank" rel="noopener">90-day pause</a> on foreign tariffs expires. If Vietnam did not come to an agreement with the United States by July 9, tariffs on Vietnam would have jumped 46%.
American producers will now have access to the Vietnamese market completely free from tariffs, Trump said. At the same time, all Vietnamese imports will carry a 20% tariff, and all &#8220;transshipped&#8221; goods — products that are channeled through Vietnam by countries like China to circumvent trade restrictions — will face a 40% tariff.
Trump is hoping, in particular, that American automakers will have success in the Vietnamese market.
&#8220;It is my opinion that the SUV &#8230; which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam,&#8221; Trump said.
In 2024, American exports to Vietnam totaled $13.1 billion, while imports totaled $136.6 billion, <a href="https://ustr.gov/countries-regions/southeast-asia-pacific/vietnam" target="_blank" rel="noopener">according</a> to the Office of the United States Trade Representative.
This is the latest deal Trump has struck since imposing the 90-day stay on tariffs. Early last month, the president secured a reduction in tariffs with China after waging a war of reciprocal tariffs. Through that trade deal, China <a href="https://www.dailywire.com/news/trump-unveils-terms-of-done-trade-deal-with-china" target="_blank" rel="noopener">agreed</a> to pay a 55% tariff, compared to the 10% imposed on American goods.
The Chinese trade deal also allows Chinese students to study at American colleges and universities. Additionally, China will supply rare earth minerals that can be used for high-end technology production in the United States.
Trump also clinched a notable deal with the United Kingdom just a few weeks ago. In a comprehensive agreement with British Prime Minister Keir Starmer, Trump <a href="https://www.dailywire.com/news/fair-to-both-sides-trump-starmer-say-they-have-a-deal-on-trade" target="_blank" rel="noopener">secured</a> billions in market access for American firms as well as a 10% tariff on the first 10,000 UK-produced automobiles imported into the United States, with all subsequent imported automobiles receiving a 25% tariff.
The president recently <a href="https://www.dailywire.com/news/trump-ends-u-s-trade-talks-with-canada-effective-immediately?author=Mary+Margaret+Olohan&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Ends+Trade+Talks+With+Canada+%E2%80%98Effective+Immediately%E2%80%99" target="_blank" rel="noopener">ended talks</a> with Canada over a digital tax on American tech companies, which led Canadian Prime Minister Mark Carney to quickly <a href="https://www.dailywire.com/news/canada-caves-digital-tax-on-u-s-tech-scrapped-after-trump-pressure">abandon</a> the tax in the hopes of repairing Canada&#8217;s relationship with the United States.

US-VOTE-TRUMP

Trump Announces Major Trade Deal With Vietnam Days Before Tariff Increases

trade

Vietnam

Canada ended a digital service tax that would have hit major American tech companies hard after President Donald Trump announced he was ending trade talks with the country over the levy.
Canada’s Department of Finance said Sunday that it would rescind its Digital Service Tax (DST) in “anticipation of a mutually beneficial comprehensive trade arrangement with the United States.” The reversal came after Trump said on Friday that he was “terminating” trade discussions. 
The tax, which was expected to take effect on Monday, was anticipated to have a significant impact on United States-based companies like Amazon, Google, Meta, and Apple. 
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“Canada’s new government is focused on building the strongest economy in the G7 and standing up for Canadian workers and businesses,” <a href="https://www.canada.ca/en/department-finance/news/2025/06/canada-rescinds-digital-services-tax-to-advance-broader-trade-negotiations-with-the-united-states.html" target="_blank" rel="noopener">said</a> Minister of Finance and National Revenue François-Philippe Champagne. “Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians.”
Earlier this month, Champagne said that the Digital Service Tax would be implemented despite opposition from the United States. He <a href="https://www.cbc.ca/news/politics/canada-digital-services-tax-1.7565966" target="_blank" rel="noopener">said</a> on June 19 that the tax was “going ahead” as scheduled and would be applied. 
The digital service tax was <a href="https://www.canada.ca/en/services/taxes/excise-taxes-duties-and-levies/digital-services-tax.html" target="_blank" rel="noopener">enacted</a> to require “foreign and domestic large businesses to pay tax on certain revenue earned from engaging with online users in Canada,” according to the Canadian government. The tax would have cost American businesses up to $2.3 billion annually, <a href="https://ccianet.org/research/reports/impacts-canada-proposed-digital-service-tax-united-states/" target="_blank" rel="noopener">according</a> to a study conducted by the Computer and Communications Industry Association. 
Canadian Prime Minister Mark Carney said Sunday that he and Trump had agreed to continue trade discussions with the hope of signing an agreement by July 21. 
The resumption of talks follows Trump&#8217;s social media berating of Canada on Friday. 
“We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country,” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114756567645919781">posted</a> on Truth Social. “Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period.”
Several other trade deadlines are looming, including a July 9 cutoff for the United States and the European Union to make a deal before 50% tariffs on European imports are imposed.

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