CNN 5 Things Trump on tariff instability, new sanctions on Russia, Amazon boycott & more
Mar 7, 2025
The discussion kicks off with President Trump's fluctuating tariff strategies and potential new banking sanctions on Russia amid the Ukraine crisis. Tensions escalate as the U.S. considers closing consulates worldwide while violence flares in Syria. In a surprising turn, a grassroots movement aims to boycott Amazon, raising questions about consumer activism and its impact on big corporations. The conversation paints a vivid picture of current global economic and political landscapes, highlighting the complexities of navigating these turbulent times.
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Trump's Tariff Instability
- President Trump addressed his tariff strategy's fluctuating nature, calling it a process of changes and adjustments.
- He mentioned a one-month pause on auto tariffs for Mexico and Canada but threatened new tariffs on Canadian lumber and dairy.
Shifting Stance on Russia
- Trump threatened new sanctions on Russia in response to their continued attacks on Ukraine.
- This marks a shift from his previous conciliatory stance towards Russia and Putin.
Consulate Closures
- The State Department plans to close nearly a dozen consulates globally.
- This includes consulates in Germany, France, Portugal, Brazil, and one in Turkey crucial for humanitarian work in Syria.