What has Trump been busy with in the past 24 hours?
1. Trump speaks out in support of former Brazilian President Bolsonaro: Brazil is doing very poorly in dealing with the issue of former President Bolsonaro. Like the rest of the world, I see them relentlessly attacking him! I understand Bolsonaro, he is a strong leader who truly loves his country and is also a very tough negotiator on trade. Right now he is leading in the polls. This is just an attack on political opponents, I understand this very well, it happened to me 10 times.
2. Launch of the Truth+ TV streaming platform: Trump Media & Technology Group has announced the global launch of its TV streaming platform Truth+. The Newsmax channel is now available to watch on all international Truth+ apps and websites.
3. Executive order signed to extend the postponement of retaliatory tariffs until August 1st: On July 7th local time, Trump signed an executive order extending the postponement of "retaliatory tariffs" from July 9th to August 1st.
4. Seeking to end subsidies for wind and solar energy: Trump has instructed federal agencies to strengthen the "Big and Beautiful" Act by repealing or amending provisions related to tax credits for solar and wind energy projects. Trump called renewable energy unreliable, expensive, replacing more reliable sources of energy, dependent on foreign-controlled supply chains, harmful to the environment, and the grid.
5. Tariff letters sent to 14 countries: Trump has issued the latest tariff threat to 14 countries. Japan, South Korea, Kazakhstan, Malaysia, and Tunisia face a tariff rate of 25%; South Africa and Bosnia at 30%; Indonesia at 32%; Bangladesh and Serbia at 35%; Thailand and Cambodia at 36%; Laos and Myanmar at 40%. The above tariffs will take effect on August 1st.
6. Willing to lift sanctions on Iran at the appropriate time.
7. Trump's trade letter contains a basic error: According to foreign media reports, in a tariff letter sent to Bosnia, Trump incorrectly referred to the country's leader as "Mr. Chairman." The letter begins with "Your Excellency," but the greeting is "Dear Mr. Chairman."
8. Displeased with Putin, will send more weapons to Ukraine: Trump told reporters that, in light of the increased aggression from Russia, the United States will send more weapons to Ukraine, adding that he is disappointed in Russian President Putin. Trump reiterated his dissatisfaction with Putin for not cooperating with U.S. efforts to end the war in Ukraine.
9. Prime Minister nominates Trump for Nobel Peace Prize.
10. Implies tariffs may be extended again: Trump stated that the effective date for U.S. tariffs is August 1st, but he is open to extending it if other countries propose it.
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