

US Support for Ukraine Stalls; Trump Readies for Tariffs on Allies
12 snips Mar 3, 2025
Tensions rise as European leaders scramble to support Ukraine following a major diplomatic fallout. President Trump plans hefty tariffs on Canada, Mexico, and China, which could reshape trade dynamics significantly. Meanwhile, Andrew Cuomo's unexpected entry into the New York City mayoral race rattles the competition. The interplay of U.S.-Ukraine relations and Trump's aggressive foreign policy could set the stage for dramatic changes in international alliances and domestic politics.
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Upcoming Tariffs
- President Trump plans to impose a 25% tariff on most Canadian and Mexican imports, and double the levy on China to 20%.
- The tariffs are set to begin tomorrow, but the situation with Canada and Mexico remains fluid.
Trump's Crypto Reserve
- President Trump promoted his crypto strategic reserve plan, including Sol, XRP, ADA, Bitcoin, and Ether.
- This announcement helped the coins recover from recent losses after a rough February for crypto.
Cuomo's Mayoral Bid
- Andrew Cuomo, former NY governor, is running for NYC mayor, shaking up the race.
- Polls show him leading despite past sexual harassment allegations and resignation.