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Donald Trump pulls on economics and geopolitics to reverse his negative trend in the polls

Former American President Donald Trump (2017-2021) bet this Thursday for a speech with a slow tone, a “amiable” mood in geopolitical terms and a content deeply focused on the economy at a crucial moment for the future of the November elections.

“Harris is a communist, he destroys everything he touches. If he takes office, his finances will suffer. Inflation will be our priority from day one,” Trump said in the first minute of a press conference from his private golf club in Bedminster (New Jersey).

The latest polls show that, since the Democratic Party named Vice President Kamala Harris as its candidate for the presidential elections, support for the former president has fallen and the notable advantage that distanced him from Joe Biden has almost vanished.

The latest update of the FiveThirtyEight poll average, carried out today, gives Harris approximately 46.4% of the national vote, compared to Trump’s 43.4%.

From the same golf club in which he took refuge after his assassination attempt last month, Trump appeared flanked by four shelves with basic food products and several dozen followers who enthusiastically applauded his proclamations.

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“We had mortgages at 2% and now they are at 10%. Every month, inflation costs Americans thousands of dollars. Only in food they are paying 148 dollars each month,” said the Republican candidate between cans of Campbell’s tomatoes, Cheerios cereals and packaged meat.

Trump described as “Kamala’s crash” the black day for the international stock exchanges on August 5 but, once the market was stabilized, he could not recycle the argument and limited himself to qualifying his hypothetical financial management as “a disaster for the United States.”

In addition, immigration was once again the origin of the main evils of the United States in a shrewed argument already for Trump, who said that “while this happens, millions of people cross the border and we don’t even know who they are.”

“Criminals, rapists and people with mental problems,” repeated the former president, claiming that many of them come from Latin America.

Trump referred to this region, and more specifically Venezuela, when he said that if Kamala Harris arrives at the White House he will apply what he called the “Maduro Plan” to impose economic policies “of Venezuela or the Soviet Union” in the United States “with disastrous consequences.”

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It was not the only foreign nation to which the tycoon alluded: he said that he will be “amiable” with Iran if he returns to the Oval Office and reiterated that during his mandate there was no open conflict in the Gaza Strip or a war in Ukraine because the international community “respected” it.

“I don’t want to misbehave with Iran. We are going to be friendly (…) I hope we are friendly, but they can’t have a nuclear weapon because once they have it, it’s a totally different world,” he said.

Shortly after, he explained that in his meeting with Israeli Prime Minister Benjamin Netanyahu in July he urged him to end the war in Gaza, also corroborating that he has not had any recent conversation with him.

“I encounted him to end this. It has to end quickly. Get your victory and finish it. The massacre has to stop,” he said, about the meeting they held on July 26 in their mansion in Mar-a-Lago (Florida).

Trump tried to convey tranquility and confidence in defeating Harris, something that he said will be “easier than defeating Biden” but that does not agree with the nervousness and the way of proceeding of his campaign in recent days.

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The ambiguous label of “weird” about his running mate JD Vance has been one of the slabs that has fallen with the most weight, to which Trump responded today that the Democratic bench is “radical” and is “sick.”

“He is a great Yale student, a self-made man. I don’t know what it’s like to be weird for them,” he said.

Trump lavished himself for an hour and a half and then admitted several questions from the press, on the same day that Harris made his first joint public appearance with Joe Biden since he gave him the witness, celebrating a price control measure for patients in the Medicare health system.

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International

U.S. allows Venezuela to fund Maduro and Cilia Flores’ legal defense

Until now, the U.S. administration had blocked the Venezuelan government from covering the legal fees of Nicolás Maduro and his wife, Cilia Flores, who is also jailed and facing drug trafficking charges, due to international sanctions imposed on Venezuela.

The couple’s legal team had relied on that argument in an attempt to have the indictment dismissed, claiming that preventing a defendant from accessing counsel of their choice violates rights guaranteed under the Sixth Amendment of the U.S. Constitution.

However, the U.S. Treasury Department will now allow “defense attorneys to receive payments from the Government of Venezuela under certain conditions,” New York prosecutor Jay Clayton wrote in a letter dated Friday to Judge Alvin Hellerstein, who is overseeing the case.

According to the letter, the funds must have become available after March 5, 2026, and cannot come from Venezuelan oil sales regulated in the United States.

Since Maduro’s removal from power in early January, former Vice President Delcy Rodríguez has served as Venezuela’s interim leader.

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The United States effectively controls Venezuelan crude exports, with revenues deposited into special accounts supervised by Washington.

Court documents filed on Friday show that the defense acknowledged the sanctions exemption and, for now, withdrew its motion seeking dismissal of the charges.

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International

U.S. Sanctions Network Linked to Fentanyl Trafficking Across India, Guatemala and Mexico

The United States Department of State announced sanctions on Thursday against 23 individuals and companies allegedly linked to an international fentanyl production and smuggling network operating in India, Guatemala and Mexico.

According to the State Department, the network supplied precursor chemicals to the Sinaloa Cartel, which the United States has designated as a Foreign Terrorist Organization.

Washington declared fentanyl, a powerful synthetic opioid, a weapon of mass destruction last year due to its role in the ongoing overdose crisis in the United States.

“By targeting the entire supply chain — from chemical suppliers in Asia to logistical intermediaries in Central America and cartel-linked networks in Mexico — the Trump Administration is dismantling networks that destabilize governance across our hemisphere and threaten U.S. security,” the State Department said.

In a separate statement, the Office of Foreign Assets Control detailed sanctions against three Indian chemical and pharmaceutical companies: Sutaria, Agrat and SR Chemicals, along with a sales executive accused of supplying precursor chemicals to contacts in Guatemala and Mexico.

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In Guatemala, authorities sanctioned J and C Import and Central Logística de Servicios, as well as intermediary Jaime Augusto Barrientos.

The OFAC also designated several intermediaries and import companies operating in the Mexican state of Sinaloa.

As part of the investigation, U.S. authorities identified Ramiro Baltazar Félix as a member of Los Mayos, a faction of the Sinaloa Cartel, and Alejandro Reynoso, accused of operating clandestine drug laboratories in Guadalajara.

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International

Pope Leo XIV Says Countries Have Border Rights but Migrants Deserve Respect

Pope Leo XIV said Thursday that migrants must be treated with dignity as he addressed the global migration crisis during a press conference aboard the plane returning from his tour of Africa.

The pontiff answered questions from journalists regarding his upcoming trip to Spain, which will include a visit to the Canary Islands, a region heavily affected by migration flows and growing political polarization surrounding the issue.

“Obviously, migration is a very complex issue and affects many countries — not only Spain, not only Europe, but also the United States. It is a global phenomenon,” the pope said.

Pope Leo XIV also questioned the role of developed nations in addressing the crisis.

“My response begins with a question: What is the Global North doing to help the Global South and those countries where young people no longer see a future and dream of going north, even when the North sometimes has no answers to offer?” he asked.

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While acknowledging that “a state has the right to establish rules for its borders,” the pope insisted that the debate must go beyond border control and address the structural causes that force people to leave their home countries.

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