Friday, April 11, 2025
Thursday, April 10, 2025
Frank26: "KTFA FAMILY TAKE NOTE... TARIFFS ALSO DEAL WITH CURRENCY MANIPULATION !!!", 11 APRIL
KTFA
Frank26: "KTFA FAMILY TAKE NOTE... TARIFFS ALSO DEAL WITH CURRENCY MANIPULATION !!!".....F26
Donald J. Trump @realDonaldTrump
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.
Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs
And that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!
https://truthsocial.com/@realDonaldTrump/posts/114309144289505174
TIDBIT FROM CLARE, 11 APRIL
Clare
Article: "The President of the American Chamber of Commerce: The Treasury Department will play a role in developing the Iraqi economy."
Quote: "The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the Treasury Department will play a role in developing the Iraqi economy...
The US Treasury and the US Chamber of Commerce represent the joint efforts of Iraq and America to develop the economy and to have a joint role between us...
Iraq today is better than it was decades ago, and we welcome any company that wants to work in Iraq to develop the Iraqi industry and economy."
Despite Tariffs, US brings largest Trade Delegation to Iraq, 11 APRIL
Despite Tariffs, US brings largest Trade Delegation to Iraq
Prime Minister Mohammed S. Al-Sudani received a delegation from the U.S. Chamber of Commerce on Wednesday, including American investors and corporate executives, accompanied by the U.S. Chargé d'Affaires in Iraq.
The meeting focused on strengthening economic ties and promoting Iraq as an attractive destination for foreign investment.
The Prime Minister outlined steps taken by the Iraqi government to facilitate business entry, noting the country's broad and diverse market, legal reforms, and investment incentives. He emphasised Iraq's stability, skilled labour force, and ongoing development across various sectors.
According to a statement from the US Embassy, almost 60 U.S. companies are part of the delegation, aiming to. "strengthen U.S.-Iraq private sector ties and foster fair and balanced trade between the U.S. and Iraq."
The U.S. Chamber and the Federation of Iraqi Chambers of Commerce earlier signed a memorandum of understanding (MoU) to "strengthen ties between the US and Iraqi private sectors." It added: "This partnership will foster long-term economic collaboration."
Last week, the US imposed additional tariffs of 39 percent on imports from Iraq (excluding oil).Last week, the US imposed additional tariffs of 39 percent on imports from Iraq (excluding oil).
Full statement from the Media Office of the Prime Minister:
Prime Minister Mohammed S. Al-Sudani Welcomes a Delegation from the U.S. Chamber of Commerce
Prime Minister Mohammed S. Al-Sudani welcomed today, Wednesday, a large delegation from the U.S. Chamber of Commerce, which included a number of corporate executives and American investors, in the presence of the U.S. Chargé d'Affaires in Iraq.
The Prime Minister reviewed the facilitations and measures taken by the government to support the entry of businesspeople and companies into the Iraqi market, which now holds numerous promising opportunities. He noted that Iraq offers a broad and diversified market for various goods, products, and services.
Prime Minister Al-Sudani emphasized that the Iraqi people have made significant achievements in defeating terrorism and laying the foundations for national development. He stressed the importance of maintaining and strengthening bilateral relations with the United States, particularly since Iraq today stands as a distinguished democratic model in the region.
Key highlights from the Prime Minister's remarks:
Due to the war in the 1980s, the sanctions in the 1990s, and the fight against terrorism over the past two decades, development in Iraq has been delayed across all sectors.
Iraq is a fertile ground for investment opportunities in all fields.
The country today enjoys political, security, societal, and economic stability, and is witnessing an unprecedented development boom.
Iraq has a skilled labor force and promising expertise across various fields.
The government has worked to improve the business environment and made serious efforts to reform laws to facilitate company registration and operations.
Iraq's investment law offers numerous incentives to investors, and the government is working on a legislative package to further encourage foreign investment.
Iraq's trade balance is not in deficit, but structural reforms are needed to reduce reliance on oil.
Iraq is an industrial and agricultural nation and represents the shortest commercial route between East and West, connecting to Europe through Türkiye.
The Development Road Project will become the shortest and most cost-effective economic corridor linking Asia and Europe.
Iraq possesses untapped mineral wealth and ranks first globally in sulfur reserves and second in phosphate reserves.
Iraq produces 4 million barrels of oil per day, but flares associated gas while simultaneously importing gas to power electricity stations.
The government has set a vision for strategic projects and signed contracts with international companies to stop gas flaring by early 2028.
Iraq ranks among the top ten countries in the world in natural gas reserves.
Some portray a negative image of Iraq, which is not only unfair but also inaccurate.
Iraq has welcomed numerous investment companies to carry out projects in energy, housing, industry, and agriculture, with the total value of investment licenses reaching $88 billion.
Sovereign guarantees have been granted to the private sector to support the implementation of projects in various sectors. link
WALKINGSTICK: Aki's bank does not have lower notes., 11 APRIL
Walkingstick
[Iraqi friend]
Aki's bank does not have lower notes...Aki's bank as you already know is in Michigan. There is a gigantic Middle Eastern population up in that area from Hamtramak all the way to Dearborn.
It is massive. This bank is simply a private bank. That's all. Aki runs it for his boss. His boss owns a few other private banks around the world...
This one is positioned where it should be positioned at the right place for the right time.
When the exchange rate of the Iraqi dinar goes up the citizens that left Iraq, that live in this area, are going to go to this bank. Why?
...They already are doing business with them. Yes, the bank is open. They'll feel comfortable speaking in their own language if need be...
They're not representing the CBI...They're private banks...It follows American bank laws. There's no such thing as dual accounts. These are simply American bank accounts.
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