Morning Wire Evening Wire: Trump’s Indonesian Deal & Flash Floods Hit NYC | 7.15.25
78 snips
Jul 15, 2025 Trade tensions heat up as Trump faces resistance from Russia over tariffs. Meanwhile, inflation rates surprise many, affecting market dynamics and Apple’s supply chain. In New York City, severe flooding wreaks havoc, raising concerns about infrastructure. A press conference turns chaotic with a Democratic mayoral candidate, and a politically charged performance of the national anthem sparks debate. As the country grapples with these events, insights into food safety measures also emerge, highlighting a dairy farmers’ commitment to cleaner products.
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Russia Scoffs at Tariff Threats
- Russia dismissed Trump's tariff threats as theatrical and unimpactful.
- European leaders are divided on the 50-day peace ultimatum amid rising civilian casualties.
Trump's Trade Strategy Expands
- Trump secured a trade deal with Indonesia after initially threatening steep tariffs.
- This deal follows similar elevated tariff negotiations with China, Vietnam, and the U.K.
Inflation Edges Up in June
- Inflation slightly increased to 2.7% year over year, hotter than economists' 2.6% forecast.
- The White House claims core inflation has met or beaten forecasts since Trump's return.
