The whack-a-mole continues as Trump administration weighs visa sanctions for EU an EU member state officials over the blocs digital services act.
Trade is complicated, and I am sure the process will just go on and on. So just when you think it’s over, it’s just begun.
On other topics:
- Trump says he discussed the colorization with Russian Pres. Putin. He thinks Russia and China would be willing to do it
- On China, says that China Pres. Xi wants him to come to China.
- Trump will allow China students to come in
- China has to give us magnets. If they do not, charge them 200% tariff or something
- At some point, he will go to China.
- Maybe he will go with South Korea Pres. Lee.
Meanwhile:
- Ukraine Zelenskyy said that he had a good meeting with US envoy Kellogg.
- Values US readiness to be part of Ukraine’s security architecture
Trump this morning said that the US would provide secondary security measures.
On Gaza:
- Gaza has to be settled soon
- It has to end with no Hammas
- Thinks within the next 2-3 weeks. They will have a good and conclusive ending.
Trump is meeting with South Korea’s Lee Jae Myung. Recall that the administration imposed a 15% tariff on South Korean goods (was 25%). At the time the administration said that South Korea gave them a blank check for $350 billion in U.S.-controlled investments and greater defense burden-sharing.
Trump wants So Korea to foot more of the bill for defense. There will be talks of shipbuilding and the purchase of US oil.
This article was written by Greg Michalowski at investinglive.com.