Trump Threatens 200% Tariff in 'Board of Peace' Push

More from the article ...

... Trump made the comments early Tuesday to reporters at Palm Beach International Airport before boarding Air Force One to take him to Washington, D.C.

"I'll put a 200% tariff on his wines and champagnes, and he'll join," Trump said, referring to President Emmanuel Macron of France, who is reportedly not planning to accept his offer to join the U.S.-led Board of Peace.

The Board of Peace is a U.S.-led intergovernmental organization proposed by Trump in connection with his Gaza cease-fire plan, which was endorsed by the United Nations Security Council in a resolution related to its Gaza peace mandate. ...

@#1 ... The Board of Peace is a U.S.-led intergovernmental organization proposed by Trump in connection with his Gaza cease-fire plan ...

More specifically, the Board of Peace is a Pres Trump-led organization in which every member nation has one vote, but the Chairman, Pres Trump, can override the vote if he does not agree with it.

@#4 ... 'Pay me $1 billion dollars I exclusively control to join my sham board I exclusively control or else I'll illegally levy tariffs on your exports...' ...

That's a good summary.

@#7 ... Something tells me China is sitting back watching, smiling and very pleased with it's previous decoupling efforts. ...

My guess would be that other nations are also now looking to decouple from the US.

International agreements rely upon coherent and common strategies.

And not the whimsical day-by-day approach that Pres Trump seems to proffer.

@#10

Duke Ellington - Stormy Weather (1953)
www.youtube.com

(an instrumental, no lyrics in this one ...)

@#9 ... As the CEO of Exxon pointed out, it's hard to invest in a place like Venezuela when one random tweet can change their foreign policy overnight. ...

... and also, when the money from the sale of that oil seems to go to bank accounts that cannot be held accountable by anyone in the US.

What could possibly go wrong with that, especially if Pres Trump is involved?

Venezuela has received $300 million in funds from oil sales, acting president says
www.reuters.com

... Trump said separately on Tuesday his country had taken the 50 million barrels out of Venezuela, and was selling some of it in the open market, though shipping records show that volume has not yet been exported.

Reuters reported last week that four Venezuelan banks had been notified by the country's government that they would split $300 million of oil revenues deposited in an account in Qatar, enabling them to sell dollars to Venezuelan companies that need foreign exchange to pay for materials.

"We should inform you that we have gotten funds, from the sale of oil, and we have gotten, of the first $500 million, $300 million," Rodriguez said at an event in Caracas.

"These first funds will be used through the exchange market in Venezuela, by national banks and the central bank, to consolidate and stabilize the market and protect the incomes and purchasing power of our workers."

Elsewhere on Tuesday, Rodriguez's brother, lawmaker Jorge Rodriguez, said a reform of the country's main oil law expected to be debated for the first time this week will be based on a partnership structure first introduced during President Nicolas Maduro's administration, though he provided no details. ...

@#12 ... an account in Qatar, ...

Who controls that account?