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Reading: Federal Reserve Chairman Powell talks about the new massive tariffs, Russia-Ukraine war
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Federal Reserve Chairman Powell talks about the new massive tariffs, Russia-Ukraine war

July 19, 2025 3 Min Read
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Federal Reserve Chairman Powell talks about the new massive tariffs, Russia-Ukraine war

Donald Trump makes use of strict language towards Russia in his assertion. He introduced that 100% “secondary tariffs” can be imposed on Russia inside 50 days if an settlement with the Moscow regime can’t be reached.

Trump mentioned these tariffs may be applied without having Congressional approval, saying, “Second tariffs are very robust. They are often applied with out Senate approval.” He additionally added that Republican senators are making ready to take robust motion on the problem.

Trump mentioned the US will tackle the manufacturing of weapons from NATO international locations, and NATO members will cowl the prices of the manufacturing.

“We produce they usually pay.”

Trump mentioned the US will present NATO with billions of {dollars} value of army gear, and that these weapons will quickly be delivered to Ukraine. He additionally introduced that the Patriot missile shall be shipped to Ukraine.

Trump mentioned Russia utterly destroyed Ukraine’s electrical infrastructure and attacked Putin, saying, “Russia might have been an important nation, but it surely deceived folks. It is a large disgrace.”

Ukraine mentioned it was at a drawback when it got here to conflict gear, and Trump added that NATO would ship extra army help to Ukraine.

Trump mentioned Ukraine ought to proceed to pursue peace, and that NATO government director Mark Latte will information Ukraine on the problem.

“This is a chance for peace,” Trump mentioned, arguing that commerce may very well be efficient in fixing wars.

Trump additionally mentioned he ceaselessly met with Russian President Vladimir Putin, however these conferences imply nothing. “Putin is launching one other missile assault after the assembly.”

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Nonetheless, Trump believed there was a chance of an settlement with Putin, saying, “Putin should save his nation and his economic system.”

Trump mentioned robust Europe is sweet for the US too. He has a constructive argument with Germany and mentioned he’ll pursue a extra pleasant commerce coverage with European international locations.

Trump additionally aimed to offer delivery to Chairman Jerome Powell, saying, “Powell would not know what he is doing. However tariffs are at work and the economic system is robust.”

*This isn’t funding recommendation.

TAGGED:CryptoMarketNews
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Reading: Federal Reserve Chairman Powell talks about the new massive tariffs, Russia-Ukraine war
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