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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bonefish who wrote (1549472)	7/25/2025 4:58:49 AM
From: sylvester80	2 Recommendations Recommended By pocotrader rdkflorida2 Respond to of 1583505

US OJ MAKER SUES TRUMP OVER BRAZIL TARIFFS SAYING HIS PLAN WOULD DRIVE US PRICES BY 25% Johanna Foods launches lawsuit over potential $70m hit to business arising from president’s levies on exports from South America’s biggest citrus producer the-independent.com Joe Sommerlad Friday 25 July 2025 03:07 EDT 2Comments Related: Trump adviser struggles to justify ‘punishing’ tariffs on Brazil A New Jersey-based orange juice manufacturer has announced that it is suing Donald Trump’s administration over the president’s threatened 50 percent tariffs on Brazil, a country whose citrus exports it depends on. Johanna Foods warns that Trump’s blanket levy, due to take effect on August 1, could result in a $70 million hit to its business, leading to likely layoffs and a 25 percent increase in the price of orange juice on supermarket shelves. The company said that it and its subsidiary, Johanna Beverage Company, supply nearly three-quarters of private-label, not-from-concentrate orange juice consumed in the United States. They supply a number of major mass grocery retailers, including Aldi, Walmart, Sam’s Club, Wegman’s, Safeway, and Albertsons. open image in gallery Trump has benen at odds with the Brazilian government over its investigation into his political ally, former Brazil President Jair Bolsonaro, shown here (AP) Trump’s tariff would represent a particular blow because, by the Department of Agriculture’s own estimate, Brazil supplies more than half of the orange juice on shelves in American stores, and 80 percent of the global total. White House spokesperson Kush Desai told The Independent: “The administration is legally and fairly using tariff powers that have been granted to the executive branch by the Constitution and Congress to level the playing field for American workers and safeguard our national security.” Johanna argues in its lawsuit that Trump’s threat against Brazil, revealed in a letter sent to the country’s president Luiz Inacio Lula da Silva on July 9, was not a formal executive order and did not provide any legal basis for the action. The president followed up his letter by alleging on Truth Social that President Lula had engaged in a “Witch Hunt that should end IMMEDIATELY!” after charges were brought against his right-wing predecessor, Jair Bolsonaro, a friend of the American who has been nicknamed the “Trump of the Tropics” and who has been accused of plotting a coup. Lula responded angrily on X with a vow to reciprocate with tariffs of his own on American imports, writing: “Brazil is a sovereign nation with independent institutions and will not accept any form of tutelage. open image in gallery A worker harvests oranges in Mogi Guacu, Brazil (AP) “Any measure to increase tariffs unilaterally will be responded to in light of Brazil’s Law of Economic Reciprocity.” Trump’s economic adviser, Kevin Hassett, struggled to explain the tariffs in an interview with Jonathan Karl on ABC News earlier this month, saying: “The bottom line is the president has been very frustrated with negotiations with Brazil and also with the actions of Brazil. In the end, though, you know, we're trying to put America first.” Karl argued that the Bolsonaro case before the Brazilian Supreme Court was irrelevant to the U.S. national interest and left the adviser floundering by asking: “On what authority does the president have to impose tariffs on a country because he doesn’t like what that country’s judicial system is handling a specific case?” Even before the tariffs have been enacted, Trump’s threats have had an adverse impact on the South American nation’s citrus belt, where orange prices have already dropped to $8 a box, about half of what they were in July 2024, according to the University of Sao Paulo’s Cepea index. “You are not going to spend money to harvest and not have anyone to sell to,” dismayed Minas Gerais farmer Fabricio Vidal told Reuters.

To: Bonefish who wrote (1549472)	7/25/2025 5:25:46 AM
From: sylvester80	3 Recommendations Recommended By Eric pocotrader rdkflorida2 Respond to of 1583505

WALMART ANNOUNCES PRICE INCREASES DUE TO TRUMP TARIFFS msn.com

To: Bonefish who wrote (1549472)	7/25/2025 5:47:46 AM
From: sylvester80	3 Recommendations Recommended By Eric pocotrader rdkflorida2 Read Replies (1) \| Respond to of 1583505

CNBC analysis shows Walmart prices increased as much as 51% following tariffs finance.yahoo.com Justin Trobaugh Fri, July 18, 2025 at 3:00 PM MST 1 min read SECAUCUS, N.J. (KNWA/KFTA) — CNBC tracked the prices of about 50 products sold in Walmart and found that prices rose as high as 51% following the company’s announcement that it would raise prices following President Donald Trump’s tariffs. CNBC tracked the prices of different merchandise across apparel, electronics, toys and groceries over seven weeks at Walmart’s Secaucus, New Jersey, location. It found that around a dozen items increased in price. Many of the items are manufactured in countries that face tariff rates. CNBC notes that even in cases where prices on imported items increased, it remains unclear whether the moves were entirely or partly due to cost increases from tariffs. Among the list of price increases, a 12-piece pots and pans set jumped 51% from May to July 2025, from $99 to $149. A 3-in-1 travel system rose by 50%, from $199 to $299. However, CNBC found that the price of Great Value brand eggs decreased by 22%, from $3.47 to $2.72. The full list of items and more information can be found on CNBC’s website.

To: Bonefish who wrote (1549472)	7/25/2025 2:22:00 PM
From: Tenchusatsu	2 Recommendations Recommended By Brumar89 pocotrader Respond to of 1583505

Tenchu's Thoughts: Surprise Surprise, Trump is Demanding that We Hire rEaL aMeRiCaNs Remember when the MAGA cultists on this thread assured me that Trump won't go after legal immigrants such as H-1B visa holders? Seems like they lied ... again ... Why did Donald Trump warn tech giants like Google and Microsoft against hiring Indians? (Hindustan Times) Unfortunately this story flew under the radar yesterday thanks to the whole Epstein thingy. But it's clear that Trump wants us here in the tech world to only hire rEaL aMeRiCaNs. What this fukker doesn't realize is that all of the immigrant tech workers here are critical to maintaining America's lead in AI and silicon. These immigrants are NOT working for Alibaba or Bytedance or WiPro. *They are working FOR US.* They are working to make American technology great. (Not "Great Again," because America never lost its technological edge, unlike what the Orange dumbass thinks.) But hey, let's say Google, Microsoft, Meta, and nVidia all start to hire rEaL aMeRiCaNs. Who exactly are they going to hire? All of those dumbass rednecks who can't even pronounce A.I.? All those tradesmen who are laughing at those who attended four-year colleges and are now making six figures as plumbers and contractors? All of those blue collar factory workers who didn't want to "learn2code," so instead they voted in a tariff-loving protectionist because they thought that will cause their own pay to rise? And how are we going to raise the next generation of engineers and technicians when MAGA is busy dismantling the Department of Education as we speak? How are they going to give Google, Microsoft, Meta, and nVidia the "best of the best" when they actively wage war against higher education? Heck, they even had their own genius boi Elon Musk working for them before they cast him away like a used whore. I don't see the MAGA cultists singing his praises anymore. Whatever happened to Phony Stark anyway? Ladies and gentlemen (and non-binaries), I state the obvious: MAGA is fundamentally incompatible with high-tech. They are the very definition of an Idiocracy, where their only survival mechanism is having more children. And here's the best part. *Most of the rEaL aMeRiCaNs who are indeed qualified to maintain America's technological edge are children of immigrants like me.* We were born here, and we were born as citizens thanks to that 14th amendment that you and the rest of MAGA want to repeal. These products of the 14th amendment represent America's technological future. Not these folks ... Tenchusatsu