Attorney General Pam Bondi reportedly sold shares in Trump Media & Technology Group valued between $1 million and $5 million on the same day President Donald Trump announced significant tariffs on global trade. The announcement during a press conference called “Liberation Day” included baseline tariffs on most imports and specific tariffs, such as a 20% rate on the European Union. The news led to a drop of over 10% in Trump Media’s stock, sparking concerns about the ethical implications of Bondi’s actions.
While it remains unclear whether Bondi sold her shares before or after Trump’s announcement, Trump Media registered its top shareholders, including Bondi and Trump, with the Securities and Exchange Commission the day before the sale. The exact connection to her transaction remains uncertain.
Eventually all of this pond scum will be locked up.
In May 1988, Republican President Ronald Reagan spoke from the Oval Office in an address not targeted at the American people, but the citizens of Western Europe. The president was planning a trip to meet with Soviet Union General Secretary Mikhail Gorbachev and wanted to make his commitment to Europe clear.
Staring directly at the camera, Reagan said: “Shared [moral] standards and beliefs tie us to Europe today. They are the essence of the community of free nations to which we belong.”
Thirty years later, in July 2018, while sitting for an interview with CBS at his Turnberry golf resort in Scotland, Republican President Donald Trump was asked to name America’s top global foe. “Well, I think we have a lot of foes,” Trump said. “I think the European Union is a foe, what they do to us in trade. Now you wouldn’t think of the European Union, but they’re a foe.”
Why do MAGA Republicans hate Europe?
The Trump administration’s stance on Europe has grabbed headlines, but the Republican Party’s icy posture toward internationalism goes back decades.
Banks and brokers are seeing rising demand for currency derivatives that bypass the dollar, as trade tensions add a sense of urgency to a years-long shift away from the greenback.
Firms are receiving more requests for transactions including hedges that sidestep the dollar and involve currencies such as the yuan, the Hong Kong dollar, the Emirati dirham and the euro. There’s also demand for yuan-denominated loans, and a bank in Indonesia is setting up a desk for the Chinese currency.
The vast majority of foreign-exchange trades use the dollar even if they’re transferring money between two local currencies. For example, an Egyptian company wanting Philippine pesos will typically transfer its local currency into the greenback before buying pesos with the dollars it receives. But companies are increasingly looking at strategies that skip the dollar’s role as a go-between.
Global Shift to Bypass the Dollar Is Gaining Momentum in Asia
Banks and brokers are seeing rising demand for currency derivatives that bypass the dollar, as trade tensions add a sense of urgency to a years-long shift away from the greenback.
The global community is reportedly concerned about the potential emergence of another leader like President Donald Trump after the end of his term in 2029.
The New York Times reported that given these concerns, international allies are forging trade partnerships and security alliances independent of the United States, with the European Union and South American nations recently establishing a significant trade zone.
Ian Goldin, a professor at Oxford, told the Times that he believes Trump’s MAGA following and its motivations — rooted in economic insecurity and inequality — will persist beyond Trump’s presidency.
“The MAGA base and JD Vance will still be around long after Trump’s gone,” Goldin said. ‘No matter who next occupies the White House, the conditions that propelled the ‘Make America Great Again’ movement — widening inequality and economic insecurity — remain. For the rest of the world, there is still a worry, he said, that there could be ‘another Trump in the future’,” he said.
‘Another Trump in the future’: Why international allies may ditch the US for good
The global community is reportedly concerned about the potential emergence of another leader like President Donald Trump after the end of his term in 2029. The New York Times reported that given these concerns, international allies are forging trade partnerships and security alliances independent of the United States, with the European Union and So…
Sánchez landed in Hanoi, Vietnam on Wednesday, where he will meet To Lam. On Thursday, he will meet top business leaders to replenish commercial ties between Vietnam and Spain.
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Sánchez is then scheduled to head over to China on Friday to meet President Xi Jinping and other Chinese investors, marking his third visit in two years.
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Sánchez is the first EU leader to strengthen ties with China in a move that could encourage the rest of Europe to follow suit.
Donald Trump was mocked for his botched bronzer job on his face during a White House press event on “Liberation Day.”
Donald Trump Ridiculed for Wearing Too Much Makeup During ‘Liberation Day’ Speech
Donald Trump was mocked for his botched bronzer job on his face during a White House press event on “Liberation Day.” When the president announced a slate of new tariffs imposed on over two dozen nations around the world, several critics were quick to point out how dark the commander-in-chief’s face was compared to his hands. One user on X, formerl…
Dumbass King Donald tanks the economy and stock markets with his friggin’ tariffs, and now he is declaring a state of emergency so he can “protect” the economy?
We don’t your protection, asshole. What we need is to be rid of you!
Forward bookings for flights between Canada and the U.S. in coming months have plunged by as much as 75% compared with the same period in 2024, according to OAG, a global travel data provider.
In February, the number of Canadians crossing the land border into the U.S. dropped almost 500,000 compared to the same period last year, according to data from U.S. Customs and Border Protection (CBP) — reaching levels not seen since the height of the Covid-19 border closures.
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“A 10% reduction in Canadian travel could mean 2.0 million fewer visits, $2.1 billion in lost spending and 14,000 job losses,” according to the U.S. Travel Association, which noted that Canada is the top source of international visitors to the country, with 20.4 million visits in 2024.
Does Trump care?
Probably not!
Air travel between the US and Canada is set to plunge 75% and domestic tourism has also slowed — how to plan your trips as Trump’s policies hit travel demand
Domestic tourism has slowed as U.S. consumers lose confidence.
The Atlantic Alliance used to believe it had liberal democratic values in common and a shared interest in collective security and free trade. That, thanks to the US president, is no longer true. Europe must adjust to this altered reality, or die.
It may be that the US’s tilt to the Kremlin, accompanied by the twin-track diplomatic and trade wars now being waged on friends and allies, will before long drive Europe to stand on its own two feet and be the independent force in world affairs that the founding fathers of the project of European unity dreamed about. At long last, Europe begins to assert itself. To borrow a famous phrase from a happier era of US-European relations, Europe, like president Barack Obama, is saying: “Yes we can.”
The “coalition of the willing” (or “coalition of action”, as French president Emmanuel Macron prefers to call it) is a concrete example of this emerging European consciousness. The project is to provide a safe and secure future for Ukraine, irrespective of what Russia or the US might desire. Russia is rightly distrusted, while there is still hope that the Americans can contribute in some way to keeping the peace in Ukraine – and in Europe more widely.
Under Trump, 80 years of collective security have been dismantled in as many days
Editorial: The Atlantic Alliance used to believe it had liberal democratic values in common and a shared interest in collective security and free trade. That, thanks to the US president, is no longer true. Europe must adjust to this altered reality, or die
Canada will have to “dramatically reduce” its reliance on the United States as the two countries’ relationship darkens, Canadian Prime Minister Mark Carney warned on Thursday, adding that the old bilateral relationship was “over.”
After holding a cabinet meeting to discuss Canada’s response to US President Donald Trump’s tariffs threats, Carney told reporters in Ottawa that he foresaw the coming of a “fundamentally different relationship” between the two countries.
“The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over,” he said.
“It’s clear the US is no longer a reliable partner. It is possible that with comprehensive negotiations, we could reestablish an element of confidence but there will be no going backwards …
In other words, King Donald, go screw yourself. We’re not playing charades with you any longer.
Old US-Canada relationship is ‘over,’ warns Canadian prime minister
Canada will have to “dramatically reduce” its reliance on the United States as the two countries’ relationship darkens, Carney warned on Thursday, adding that the old bilateral relationship was “over.”