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Trump's Wrestling Skills Meet the Reality of Tariffs
Trump's Wrestling Skills Meet the Reality of Tariffs

Bloomberg

time01-05-2025

  • Entertainment
  • Bloomberg

Trump's Wrestling Skills Meet the Reality of Tariffs

President Donald Trump has a long history of showing up at and participating in pro-wrestling events. And he's been known to use a few of its tropes in his political career. Daniel Flatley writes today about how that might affect tariff negotiations (really!). Plus: 100 Trump moments you might have missed, and the viral Labubu dolls will have to contend with tariffs. If this email was forwarded to you, click here to sign up. Donald Trump has made no secret of his fondness for combat sports. He regularly attends mixed martial arts bouts and has been known to sit ringside at boxing matches. But it's professional wrestling where his ties run deepest, and he has adopted the rhythm and rhetoric of the sport's bombastic milieu to enhance his appeal to voters.

How Trump Plans to Use ‘Secondary Tariffs' to Punish Importers of Venezuelan Oil
How Trump Plans to Use ‘Secondary Tariffs' to Punish Importers of Venezuelan Oil

Bloomberg

time27-03-2025

  • Business
  • Bloomberg

How Trump Plans to Use ‘Secondary Tariffs' to Punish Importers of Venezuelan Oil

By and Daniel Flatley Save Having embraced tariffs as a central tool of both economic policy and diplomacy, US President Donald Trump has been creative with his proposals on how to deploy the import taxes. One example is his plan to impose so-called reciprocal tariffs — new duties to be customized for each trading partner with the aim of offsetting any of its practices deemed to put American exporters at a disadvantage. Another example: he's threatened to impose what he's calling secondary tariffs on imports from countries that buy oil from Venezuela, whose economy relies heavily on crude sales. In a March 24 executive order, Trump said that US imports from countries that buy oil from Venezuela, whether directly or indirectly, could face a tariff of 25% in addition to any duties already in place. The order gives Secretary of State Marco Rubio discretion on whether to impose the tariff or not.

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