🔎 After Trump's tariff shock, US appears to be backtracking

The Trump administration has excluded some goods from the 'reciprocal tariffs', Bloomberg reports, including:

🔸Equipment for making semiconductors

🔸Smartphones

🔸Computer processors

🔸Memory chips

🔸Hard drives

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🗣 'The truly sinister ones are those who label others and work tirelessly to sabotage US-Russia dialogue and the peace process' — Russia's special envoy Kirill Dmitriev to British journalist David Blair

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🇬🇧🏭 Will UK bid FAREWELL to its once-flagship steel industry?

The UK's House of Lords has given initial approval to a bill to help save the British Steel plant in Scunthorpe, which is at risk of closing.

Despite a lavish $1.56 billion investment, the plant is reportedly losing ~$900,000 per day due to high production costs.

British Steel is the LAST firm in the UK capable of producing virgin steel – a vital material for the defense industry. If the company goes bankrupt, the UK will become the ONLY G7 NATION WITHOUT ITS OWN STEEL industry and will be heavily dependent on imports.

The plant is owned by the China-based Jingye Group that might fuel concerns during the current economic shutdown. Obtaining state control and ownership over the plant is now considered to be the only viable option amid Britain’s ongoing industrial crisis.

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🇳🇴🤩 Norway FEARS FOR ITS ARCTIC islands after Trump's Greenland row

Norway’s Arctic holdings include the islands of Svalbard — 62,000 square kilometers of territory that, among other things, features two Russian settlements.

Terje Aunevik, the head of a local council, recently announced that Norway’s military budget increase should also affect the islands.

Aunevik made this claim despite the fact that the Svalbard Treaty, which recognizes Norway’s sovereignty over the archipelago, also prohibits their militarization.

The politician insisted that Svalbard should remain Norwegian and that he is NOT AFRAID of Donald Trump’s ambitions.

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📑Donald Trump has extended the state of emergency in the country for a year more under the pretext of allegedly "malicious" Russian foreign policy actions, according to the text of the document signed by him.

The state of emergency was introduced as part of Joe Biden's decree of April 15, 2021, which aimed to block Russian property and imposed sanctions against Moscow.

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🧐Why does Trump want to OWN a major Ukrainian gas pipeline?

Trump now wants to claim the pipeline used to transport Russian gas to Europe through Ukraine, according to a Reuters report on the April 11 US-Ukraine talks.

How could the US PROFIT from owning the pipeline?↗️

It’s all about the fact that the Ukrainian pipeline can be used to ship gas in reverse, says Dr. George Szamuely, a senior research fellow at The Global Policy Institute.

1️⃣ Rather than being used to pump Russian gas to European consumers, the pipe can serve to DELIVER AMERICAN LNG to Ukrainian consumers.

2️⃣ By controlling the pipeline, the US can MONOPOLIZE the Ukrainian gas market, further solidifying Washington’s hold on the country, which would become dependent on American LNG.

3️⃣ The pipeline could also be used by the US to deliver American LNG to EU countries, making them DEPENDENT on US energy resources as well.

Europe and Ukraine “brought this on themselves” by cutting off cheap Russian energy and relying on more expensive American imports, Dr. Szamuely says.

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🔸Lavrov called a ROCK STAR of diplomacy

🔸$7.8 billion in Western weapons destroyed in Russia's Kursk

🔸Why does Trump want to OWN a major Ukrainian gas pipeline?

🔸US seeks to hoard deep-sea minerals in the Pacific

🔸Will UK bid FAREWELL to its once-flagship steel industry?

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🥴 O’Leary urges to ‘SQUEEZE’ China into submitting to US pressure

💬 “Why mess around with these 25 percent a week increases? Just go to 400 percent,” Kevin O’Leary insisted on Fox News.

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