Haphazard tariffs
There are a number of possible explanations for the range of tariffs including how much President Trump likes them or their leader, the ratings of 'The Apprentice' there, or even the temperature for the day but there is one other possibility.
This could be a massive game of Bingo with a new number issued every few days and played by either the world leaders or the White House office workers. The first to get a full Bingo card gets either a reduced tariff or a gold Trump phone. Who will be the winner when the next 3 am tweet comes out?
Dennis Fitzgerald,
Melbourne, Australia
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Etihad
3 hours ago
- Al Etihad
Trump golfs on first day of his visit to Scotland
26 July 2025 17:13 EDINBURGH, Scotland (Reuters) US President Donald Trump kept a low profile on his Scottish golf course on Saturday, ahead of meetings with top British and European arrived in Scotland on Friday, with hundreds of people on hand to watch the arrival in Glasgow of Air Force One, the presidential told reporters that he will visit his two golf properties in Scotland - one in Turnberry on the west coast, where he is playing on Saturday and the other near Aberdeen. He is also due to meet British Prime Minister Keir Starmer, Scottish leader John Swinney and European Commission President Ursula von der Leyen, whom he called a "highly respected woman".Trump was spotted on the golf course on Saturday morning, but had no public events in his schedule. Reporters and supporters were kept away by enhanced security. Protests were expected in Aberdeen and Edinburgh, hundreds of miles White House said Trump was golfing on Saturday with his son, Eric Trump, and the US Ambassador to Britain, Warren Stephens, and his son. White House press secretary Karoline Leavitt was also on the bought the Turnberry property, which includes a hotel and golf course, for $60 million in 2014, in the hope of returning the course to the rotation for the Open Championship, but said his visit was "not about that".Turnberry has been the site of the golf major four times, the most recent being in 2009. It has not hosted the event since then, amid concerns about the lack of accommodation and infrastructure for an event that draws hundreds of thousands. Trump will travel in the coming days to his property near Aberdeen, where he will open a second course named after his mother, Mary Anne MacLeod, who was born and raised on a Scottish island before emigrating to the United States.
Gulf Today
3 hours ago
- Gulf Today
Trump plays golf in Scotland while protesters take to the streets and decry his visit
US President Donald Trump played golf on Saturday at his course on Scotland's coast while protesters around the country took to the streets to decry his visit and accuse United Kingdom leaders of pandering to the American. Trump and his son Eric played with the US ambassador to Britain, Warren Stephens, near Turnberry, a historic course that the Trump family's company took over in 2008. Hundreds of protesters gathered on the cobblestone and tree-lined street in front of the US Consulate about 160 kilometres away in Edinburgh, Scotland's capital. Speakers on a makeshift stage told the crowd that Trump was not welcome and they criticised British Prime Minister Keir Starmer for striking a recent trade deal to avoid stiff US tariffs on goods imported from the UK. Donald Trump (2L) reacts as he plays golf at the Trump Turnberry Golf Courses, in Turnberry. AFP Protests were planned in other cities as environmental activists, opponents of Israel's war with Hamas in Gaza and pro-Ukraine groups loosely formed a "Stop Trump Coalition." "I think there are far too many countries that are feeling the pressure of Trump and that they feel that they have to accept him and we should not accept him here,' said June Osbourne, 52, a photographer and photo historian from Edinburgh who protested wearing a red cloak and white hood, recalling "The Handmaid's Tale." Osbourne held up picture of Trump with "Resist' stamped over his face. The dual-US-Scottish citizen said the Republican president was "the worst thing that has happened to the world, the US, in decades.' Golf carts are parked surrounding President Donald Trump as he plays golf at the Trump Turnberry golf course. AP Saturday's protests were not nearly as large as the throngs that came out across Scotland when Trump played at the resort during his first term in 2018. But bagpipes played, people chanted "Trump Out!' and raised homemade signs that said "No red carpet for dictators," "We don't want you here' and "Stop Trump. Migrants welcome.' One dog had a sign that said "No treats for tyrants.' Some on the far right took to social media to call for gatherings supporting Trump in places such as Glasgow. Upon arriving in Scotland on Friday night, Trump admonished European leaders for not cracking down on immigration. "This immigration is killing Europe," he said. "You better get your act together,' Trump said. "You're not going to have Europe anymore.' While in Scotland, Trump is set to talk trade with Starmer and Ursula von der Leyen, the European Commission president. But golf is a major focus. The Trumps will also visit another Trump course, in the Aberdeen area in northeastern Scotland. They plan to cut a ribbon on Tuesday, opening the second Trump course. The president has long lobbied for Turnberry to host the British Open, which it has not done since he took over ownership. "There's no place like it,' he said on Friday night. Associated Press
Gulf Today
5 hours ago
- Gulf Today
Wall Street, dollar firm ahead of a big week for market risk
Wall Street and the dollar firmed on Friday as investors girded themselves for the week ahead, which includes a Federal Reserve policy meeting, crucial corporate results and US President Donald Trump's August 1 deadline for negotiating trade deals. 'Some deals will be done and talks will continue, and Trump may push out the deadline further,' said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. 'Trump's process is to shock and then be reasonable in terms of tariffs.' All three indexes were modestly green in early trading, and were on course for weekly gains. Gold lost some shine, pressured by the dollar as healthy risk appetites lured investors away from the safe-haven metal. With Trump's negotiating deadline just a week away, the US and its trading partners are scrambling to reach trade agreements, with European negotiators heartened by the deal with Japan announced on Tuesday. Intel's shares INTC.O dropped 8.8% after the chipmaker forecast steeper-than-expected quarterly losses and said it had halted or scrapped new factory projects in the US and Europe. More than a third of the companies in the S&P 500 have posted results, 80% of which have beaten estimates, according to LSEG data. Analysts now expect year-on-year second-quarter earnings growth of 7.7%, compared with the 5.8% estimate as of July 1. Four members of the Magnificent 7 group of Artificial Intelligence-related megacap stocks - Amazon, Apple , Meta and Microsoft are on next week's earnings docket, and market participants will scrutinize the companies' conference calls for signs that AI expenditures are beginning to pay off and whether tariff-related uncertainties continue to weigh on forward guidance. US economic data released on Friday showed an unexpected decline in new orders for core capital goods, as companies hold back on big ticket purchases amid the fog of ongoing trade talks. The Fed is expected to convene next week for its two-day monetary policy meeting, which is expected to culminate in a decision to let its federal funds target rate stand in the 4.25% to 4.50% range. The meeting comes at a moment in which Fed Chair Jerome Powell is facing criticism from Trump for not cutting rates. 'I don't expect Powell to change what he does, nor should he,' Ghriskey added. 'The idea of lower interest rates should scare us because Fed has had this huge job of bringing down inflation, and to ease rates at this point is clearly going to be inflationary.' The Dow Jones Industrial Average rose 113.54 points, or 0.25%, to 44,806.30, the S&P 500 rose 16.19 points, or 0.26%, to 6,379.67 and the Nasdaq Composite rose 44.40 points, or 0.21%, to 21,102.36. European shares gave back some of the previous session's gains as market participants parsed mixed corporate earnings and awaited developments in the U.S.-EU trade negotiations. MSCI's gauge of stocks across the globe fell 1.01 points, or 0.11%, to 940.34. The pan-European STOXX 600 index fell 0.29%, while Europe's broad FTSEurofirst 300 index fell 5.34 points, or 0.24%. Emerging market stocks fell 10.36 points, or 0.82%, to 1,256.93. MSCI's broadest index of Asia-Pacific shares outside Japan closed lower by 0.95%, to 661.07, while Japan's Nikkei fell 370.11 points, or 0.88%, to 41,456.23. US Treasury yields drifted higher in a subdued trading as investors braced for a data-heavy week, updates on US trade talks, and a Federal Reserve policy meeting. The yield on benchmark US 10-year notes rose 0.2 basis points to 4.41%, from 4.408% late on Thursday. The 30-year bond yield rose 0.5 basis points to 4.9543% from 4.949% late on Thursday. The 2-year note yield, which typically moves in step with interest rate expectations for the Federal Reserve, fell 0.6 basis points to 3.919%, from 3.925% late on Thursday. The dollar gained strength but remained on course for its biggest drop in a month as investors focused on tariff negotiations and central bank meetings on the calendar for next week. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.28% to 97.72, with the euro down 0.2% at $1.173. Against the Japanese yen, the dollar strengthened 0.4% to 147.57. In cryptocurrencies, bitcoin fell 3.08% to $115,133.22. Ethereum declined 2.63% to $3,641.43. Oil prices softened as investors mulled the global demand outlook and a potential supply increase from Venezuela. US crude fell 0.56% to $65.63 a barrel and Brent fell to $68.91 per barrel, down 0.39% on the day. Gold prices dropped in opposition to the firming dollar, amid growing optimism surrounding U.S.-EU trade talks. Spot gold fell 0.93% to $3,336.52 an ounce. US gold futures fell 0.85% to $3,342.50 an ounce. Canada's main stock index edged higher on Friday, led by technology shares, even as US President Donald Trump suggested the United States may not reach a negotiated trade deal with Canada. The benchmark S&P/TSX Composite Index rose 0.2% to 27,427.78 points, remaining on track for a modest weekly gain. Trump said on Friday that the United States may not reach a trade agreement with Canada, hinting his administration could set a tariff rate unilaterally. Agencies
