Economy

🚨 *Trump’s Speech Recap – All the Major Statements* 🚨

Today, Trump gave a lengthy speech that lasted over an hour, and wow, there were some big claims and announcements. Let’s break it down!

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*Key Highlights from Trump’s Speech:*

*1. America’s Greatness 🇺🇸*
Trump compared himself to *George Washington*, claiming that his presidency was *one of the best* in U.S. history.

*2. Border Control 🚧*
He ordered to *strengthen the southern border* and boasted that *illegal immigration* is at a *minimum* level.

*3. Foreign Affairs 🌍*
- *Freeze on international aid*.
- *Withdrew the USA from the World Health Organization (WHO)*.
- Created *Department of Efficiency (DOGE)* with Elon Musk’s help to uncover *fraud* worth billions.

*4. Domestic Policies 🏠*
- Canceled *all of Biden's restrictions*.
- Promised to *defeat inflation*, lower *mortgage rates*, and reduce prices for *cars and groceries*.
- Announced *tax breaks* for industry and *100% write-off of expenses*.
- *Golden Card* for investors – *$5 million for a "cooler" green card.*

*5. Gender and Social Issues 🌈*
- Declared that *only two genders* exist – male and female.
- Announced a *ban on gender transition for children* – “They are perfect as God made them.”
- Promised to *make it law* for the *death penalty* for those who kill police officers.

*6. International Moves 🌏*
- *Tariffs* on all countries that have “robbed” the USA starting April 2.
- Announced *the construction of a gas pipeline in Alaska* and plans to *develop rare earth metals* in the U.S.

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*Trump’s Comments on the War in Ukraine ⚔️*

- Created a *"Golden Dome"* defense shield, similar to Israel’s *Iron Dome*.
- Accused *Biden* of *failing to withdraw troops from Afghanistan*, which he believes led to *Putin’s actions*.
- Talked about the *ongoing war in Ukraine* with *millions of casualties* and *2000 deaths every week*.
- Claimed that *Europe spends more on Russian oil and gas* than on aiding Ukraine.
- Mentioned receiving a letter from *Zelensky*, signaling *readiness for peace talks*.

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*Other Major Announcements:*

- *Shipbuilding* will resume under a newly established *Office of Shipbuilding* in the White House.
- The *USA will regain control of the Panama Canal* if the people of *Greenland* wish to join the U.S. 🇬🇱.
- *Historic statement coming soon* about *mineral extraction* in the U.S.
- *Mexico Cartels*: Declared *war* against *Mexican cartels*.

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*💡 What This Means:*

Trump is making *big promises* about domestic policy, *national security*, and *international relations*. If these statements hold, they will have significant impacts on *immigration*, *foreign affairs*, *defense spending*, and *social policies*. The focus seems to be on *protecting American interests*, *reducing reliance on foreign nations*, and *strengthening the country*.

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*👀 Keep an eye out for the next steps, because this speech is stirring up plenty of reactions, and we’ll see how it all unfolds!*

$TRUMP

#TrumpSpeech #Politics #Immigration #UkraineWar #economy

China Escalates Trade War with Tough Countermeasures
China has announced a new wave of tariffs, export restrictions, and legal action at the World Trade Organization (WTO) in response to the latest 10% tariff on all Chinese imports imposed by the Trump administration.
This move further intensifies trade tensions between the world's two largest economies, signaling that Beijing is ready for a tough retaliation.
New Chinese Tariffs Target U.S. Exports
The Chinese Ministry of Finance has introduced:
15% tariffs on U.S. chicken, wheat, corn, and cotton10% tariffs on sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy products
These tariffs will take effect on March 10 and are aimed at weakening the U.S. agricultural sector, a key voting base for Donald Trump.
China Blocks U.S. Companies from Key Sectors
In addition to tariffs, Beijing has added 15 U.S. companies to its export control list, restricting their access to Chinese dual-use materials (used for both military and civilian purposes).
Furthermore, 10 American companies have been blacklisted, preventing them from exporting, importing, or investing in China.
Notable affected companies include:
Illumina – a biotech firm specializing in gene sequencingSkydio – a U.S. drone manufacturerShield AI – an artificial intelligence company
Without access to Chinese dual-use materials, these companies could face serious supply chain disruptions.
China Files WTO Lawsuit Against the U.S.
The Chinese Ministry of Commerce confirmed that Beijing has officially filed a complaint against the U.S. at the WTO over unlawful tariff hikes.
“The U.S.’s unilateral tariff measures seriously violate WTO rules and undermine trade relations between China and the United States,” the ministry stated.
China has previously used the WTO dispute resolution mechanism, notably in February when it imposed new tariffs on U.S. goods, restricted critical mineral exports, and launched an antitrust investigation into Google.

China Prepares for Economic Shocks
Alongside these economic countermeasures, China’s top political leaders are gathering for the most important political event of the year – ‘Two Sessions.’
During this session:
The Chinese People’s Political Consultative Conference (CPPCC) is discussing economic policies with business leaders and legal experts.The National People’s Congress (NPC) will convene on March 6.
A key focus will be Premier Li Qiang’s government report, expected to set China’s GDP growth target at around 5%.
China Increases Budget Deficit and Responds to Inflation
To stabilize the economy amid the ongoing trade war, China is expected to raise its fiscal deficit to 4% of GDP, up from 3% last year.
Additionally, the government is likely to revise its annual inflation target down to 2%, marking the lowest level in over 20 years.
How Will the U.S. Respond to China’s Retaliation?
The trade war between the U.S. and China is escalating once again, with Beijing making it clear that every American tariff will be met with equal or even harsher countermeasures.
📊 How do you see the future of U.S.-China trade relations? Will this escalation lead to further economic turmoil?

#china , #usa , #TRUMP , #CryptoNewss , #economy

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