Why dazi Is Trending Today?

President Lula's strength grows, but the Congress becomes increasingly hostile.

President Donald Trump has labeled China as "hostile" and is considering imposing massive tariffs on Chinese goods. This decision comes after China restricted exports of rare earth metals, which are crucial for the American industry. Trump has also hinted that he may no longer see a reason to meet with Chinese President Xi Jinping. The U.S. stock market has reacted negatively to these developments, with the Dow Jones Industrial Average plunging by over 500 points. Meanwhile, in the Middle East, an armistice in the Gaza Strip is expected to take effect after the Israeli government approved a deal with Hamas. The deal includes the release of Palestinian prisoners and a halt to hostilities.

Trump has repeatedly announced and postponed tariffs, most recently setting a new deadline of August 1st, with rates ranging from 25% to 40%. He has targeted various countries, including Japan, South Korea, and EU nations, while engaging in ongoing negotiations with the EU. The dazi announcements and uncertainties have impacted global markets and caused concern among affected countries.

Trump imposes 25% tariffs on Japan and South Korea from August 1, causing U.S. stock markets to decline and European officials to call for a strong response.