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Former Republican President Donald Trump says he’s launching another White House bid | CNN Politics

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Former Republican President Donald Trump says he’s launching another White House bid | CNN Politics



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Former President Donald Trump, aiming to turn into solely the second commander-in-chief ever elected to 2 nonconsecutive phrases, introduced Tuesday night time that he’ll search the Republican presidential nomination in 2024.

“In an effort to make America nice and wonderful once more, I’m tonight asserting my candidacy for president of the US,” Trump advised a crowd gathered at Mar-a-Lago, his waterfront property in Florida, the place his marketing campaign will likely be headquartered.

Surrounded by allies, advisers, and conservative influencers, the forty fifth president vowed to run a marketing campaign that may “deliver individuals collectively,” claiming the Republican Occasion can not afford to appoint “a politician or typical candidate” if it desires to reclaim the White Home two years from now.

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“This is not going to be my marketing campaign, this will likely be our marketing campaign all collectively,” Trump mentioned.

Trump’s long-awaited marketing campaign comes as he tries to reclaim the highlight following the GOP’s underwhelming midterm elections efficiency – together with the losses of a number of Trump-endorsed election deniers – and the next blame recreation that has unfolded since Election Day. Republicans failed to achieve a Senate majority, got here up brief of their efforts to fill a number of statewide seats, and have but to safe a Home majority, with solely 215 races known as of their favor up to now out of the 218 wanted, developments which have compelled Trump and different get together leaders right into a defensive posture as they face reproval from inside their ranks.

Trump’s paperwork establishing his candidacy landed with the Federal Election Committee shortly earlier than he delivered his announcement at Mar-a-Lago.

To the delight of aides and allies who’ve lengthy suggested him to mount a forward-looking marketing campaign, Trump didn’t harp a lot on his lies in regards to the 2020 election in his remarks Tuesday. Moderately, he framed this second as a battle towards “huge corruption” and “entrenched pursuits.” Lots of Trump’s high advisers have expressed concern that his fixation on selling conspiracies in regards to the final presidential election would make it tougher for him to win a nationwide election in 2024.

On the heels of final week’s midterm elections, Trump has been blamed for elevating flawed candidates who spent an excessive amount of time parroting his claims about election fraud, alienating key voters and finally resulting in their defeats. He tried to counter that criticism on Tuesday, noting that Republicans seem poised to retake the Home majority and touting not less than one Trump-endorsed candidate, Kevin Kiley of California. At one level, Trump appeared responsible his get together’s midterm efficiency on voters not but realizing “the overall impact of the struggling” after two years of Democratic management in Washington.

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“I’ve little doubt that by 2024, it should sadly be a lot worse and they’ll see clearly what has occurred and is going on to our nation – and the voting will likely be a lot totally different,” he claimed.

Trump is betting that his first-out-of-the gate technique will fend off potential major rivals and provides him an early benefit with deep-pocketed donors, aides say. He’s extensively anticipated to be challenged by each conservative and average Republicans, although the calculus of some presidential hopefuls might change now that he’s operating. Others – like his former Vice President, Mike Pence – might proceed anyway.

Trump’s third presidential bid additionally coincides with a interval of heightened authorized peril as Justice Division officers investigating him and his associates revisit the prospect of indictments of their Trump-related probes. The previous president is at present being investigated for his actions earlier than and throughout the January 6, 2021, assault on the US Capitol and his retention of labeled paperwork at his Mar-a-Lago property after he left workplace. Whereas Trump is relying on a straightforward path to the GOP nomination along with his sustained assist among the many get together’s base, his announcement is prone to sprint the hopes of get together leaders who’ve longed for recent expertise. Specifically, high Republicans have been paying shut consideration to the subsequent strikes of Florida Gov. Ron DeSantis, who gained his reelection contest with a 19-point margin of victory and appreciable assist from minority and impartial voters. Some Republican leaders might attempt to scuttle Trump’s marketing campaign by elevating or encouraging different candidates, together with DeSantis, who has been quietly laying the groundwork for a doable White Home bid of his personal.

After all, any countereffort to inhibit Trump’s path to the nomination is prone to show tough. Regardless of his myriad authorized entanglements and the stain of January 6, the twice-impeached forty fifth president stays immensely fashionable amongst most Republican voters and boasts a deep connection along with his core backers that might show tough for different GOP hopefuls to copy or weaken. Even main conservatives who disliked Trump’s pugnacious politics and heterodox insurance policies caught with him as president as a result of he helped solidify the rightward shift of the US Supreme Courtroom along with his nominations – one of the crucial far-reaching points of his legacy, which resulted within the conservative courtroom majority’s deeply polarizing June determination to finish federal abortion rights. In truth, whereas Trump ended his first time period with the bottom approval ranking of any president.

Republicans considered him favorably, in accordance with a Might NBC Information ballot. That alone might give Trump a major edge over major opponents whom voters are nonetheless familiarizing themselves with.

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Amongst these potential opponents is Pence, who would seemingly profit from excessive title recognition on account of his position as vice chairman. Pence, who has been getting ready for a doable White Home run in 2024, is certain to face an uphill battle courting Trump’s most loyal supporters, a lot of whom soured on the previous vice chairman after he declined to overstep his congressional authority and block certification of now-President Joe Biden’s 2020 victory. Trump might additionally discover himself pitted towards DeSantis, who has risen to hero standing amongst cultural conservatives and who’s extensively thought of a extra polished model of Trump. Even a number of the former president’s advisers have voiced related observations to CNN, noting that DeSantis additionally made inroads with main Republican donors throughout his quest for reelection and constructed a mountain of goodwill with GOP leaders by campaigning for federal and statewide Republican candidates in the midst of his personal race.

Past his potential rivals, Trump has one other roadblock in his path because the Home choose committee continues to research his position in January 6, 2021, and Justice Division officers weigh whether or not to problem prison expenses. The committee, which subpoenaed him for testimony and paperwork in October and which Trump is now battling in courtroom, held public hearings all through the summer time and early fall that includes depositions from these in Trump’s interior circle on the White Home – together with members of his household – that detailed his private and non-private efforts to overturn the 2020 presidential election outcomes by means of a sustained stress marketing campaign on quite a few native, state and federal officers, and on his personal vice chairman.

However Trump’s want to announce his marketing campaign early may be particularly traced to the FBI search of Mar-a-Lago, which advisers say additional emboldened his determination to mount what he believes will likely be a triumphant political comeback. The day after the search, the previous president fielded calls from allies advising him to speed up his 2024 timeline. That night time, he huddled with Home lawmakers within the Republican Examine Committee and advised them he’d “made up his thoughts” about launching a bid, although a few of those self same Home Republicans later satisfied him to attend till after the midterm elections to announce his subsequent transfer.

From the second Trump left Washington, defeated and disgraced, in January 2021, he started plotting a return to energy – devoting the majority of his time to constructing a political operation meant for this second. With help from quite a few former aides and advisers, he continued the aggressive fundraising ways that had turn into a marker of his 2020 marketing campaign, amassing a colossal conflict chest forward of the 2022 midterm elections, and labored diligently to elect steadfast allies in each Congress and state legislatures throughout the nation.

Whereas sustaining a house base in Florida, he additionally often jet-setted throughout the nation for marketing campaign rallies that afforded him essential face time along with his base and with candidates he wager would turn into worthwhile allies within the US Senate and Home.

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Via all of it, Trump continued to falsely insist that the 2020 election was stolen from him, indulging in far-flung conspiracy theories about voter fraud and pressuring Republican leaders throughout the get together’s election equipment to endorse modifications that may curtail voting rights.

Trump’s aides have been happy earlier this fall when his public appearances and rally speeches regularly grew to become extra targeted on rising crime, immigration and financial woes – key themes all through the midterm cycle and points they hope will allow him to attract a compelling distinction with Biden as he begins this subsequent chapter. Allies of the previous president have lengthy mentioned that he views the 2024 contest as a chance to regain what he believes is his: one other 4 years within the Oval Workplace.

However there isn’t any assure that Trump will glide simply to a nonconsecutive second time period. In truth, it may very well be fairly tough.

Not solely does historical past provide only one instance of such a feat (defeated in 1888 after his first time period, President Grover Cleveland was elected once more in 1892), no beforehand impeached president has ever run once more for workplace. Trump was first impeached in 2019 on expenses of abuse of energy and obstruction of justice, after which once more in 2021 for inciting the riot on the US Capitol. Although he was acquitted by the Senate each occasions, 10 Home Republicans broke with their get together the second time round to hitch Democrats in a vote to question him. Seven Republican senators voted to convict him at his Senate trial.

Trump has additionally been the topic of a bevy of lawsuits and investigations, together with a New York state investigation and a separate Manhattan district legal professional prison probe into his firm’s funds, a Georgia county probe into his efforts to overturn Biden’s election win within the state, and separate Justice Division probes into his marketing campaign’s scheme to place forth pretend electors in battleground states and his determination to deliver labeled supplies with him to Mar-a-Lago upon leaving workplace.

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Trump’s actions since he left Washington have, for probably the most half, signaled his curiosity in an eventual return. Whereas most former presidents go quietly into retirement – resurfacing to help their events throughout midterm cycles or for the opening of their presidential libraries – Trump bucked custom to as a substitute plot the comeback he now hopes to make. Regardless of its distance from Washington, Trump’s Mar-a-Lago membership has remodeled into a brand new hub for Republicans and a house base for his political machine. Assisted by a small group of paid staffers, he has hosted quite a few candidate and committee fundraisers and seen a rotating solid of get together leaders and congressional hopefuls filter by means of its gilded hallways within the hopes of nabbing his endorsement or reingratiating themselves along with his base. Trump’s schedule has enabled him to construct shut relationships with get together leaders and fringe figures – from Home GOP chief Kevin McCarthy of California to Rep. Marjorie Taylor Greene of Georgia – whose assist in a contested major might finally assist him clear the sector. Lots of the aides who’ve been with him since he left the White Home are anticipated to proceed on as marketing campaign palms, as the previous president and his de facto chief of employees, longtime Florida GOP strategist Susie Wiles, goal to keep up a lean operation very similar to the early days of his 2016 presidential marketing campaign. Amongst those that are prone to be concerned are Wiles, Taylor Budowich, Chris LaCivita, Steven Cheung, Justin Caperole, Brian Jack and Brad Parscale, who managed a part of his failed 2020 marketing campaign. Notably, Trump’s son-in-law Jared Kushner, who was deeply concerned in his quest for reelection, is extensively anticipated to not be concerned this time round.

As president, Trump confronted criticism over a number of of his actions, particularly his administration of the worst public well being disaster in almost a century – the Covid-19 pandemic – although his administration helped facilitate the event of vaccines to deal with the novel coronavirus in document time. He additionally was blasted by critics over his dealing with of Hurricane Maria, which devastated Puerto Rico in 2017; the White nationalist rally, additionally in 2017, in Charlottesville, Virginia, the place Heather Heyer was killed whereas strolling with a bunch of counterprotesters; and Black Lives Matter protests.

Whereas in workplace, Trump signed sweeping tax cuts into legislation, enacted controversial hard-line immigration insurance policies, together with a coverage that separated migrant youngsters from their households and one generally known as “Stay in Mexico,” which the US Supreme Courtroom dominated in June may very well be ended by his successor, and appointed lots of of federal judges with deep conservative credentials. He additionally efficiently nominated three Supreme Courtroom justices, whose selections this 12 months as a part of the courtroom’s majority have shifted American society and legal guidelines rightward on points similar to abortion, weapons, spiritual freedom and local weather change.

The previous actual property businessman and actuality TV star was first elected to workplace in 2016, beating out a large discipline of greater than a dozen GOP candidates in an unpleasant major, after which prevailing over former Secretary of State Hillary Clinton in a contentious basic election, regardless of sexual misconduct allegations that may have usually been campaign-ending.

As president, Trump was an impulsive chief, who disbursed with long-standing norms, usually asserting coverage and Cupboard personnel modifications on Twitter. (He was finally banned from the platform following the US Capitol riot and was later barred from Fb, Instagram, and YouTube as effectively.)

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He pushed an “America First” international coverage strategy, pulling the US out of worldwide agreements such because the Paris local weather accord and the Iran nuclear deal, a pair of controversial strikes that have been decried by a lot of America’s high European allies.

This story has been up to date with further developments.

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Russia aims to be global leader in nuclear power plant construction

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Russia aims to be global leader in nuclear power plant construction

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Russia is building more than 10 nuclear units abroad as it looks to tap into rising energy demand driven by artificial intelligence and developing markets, according to an envoy of President Vladimir Putin.

Moscow is doubling down on efforts to boost its global influence by expanding its nuclear fleet, with plants under construction in countries including Bangladesh, China, Egypt, India, Iran and Turkey. Russia has enhanced its role as a major nuclear energy provider even as the oil and gas sector has faced heavy sanctions after its invasion of Ukraine.

Boris Titov, the Kremlin’s special representative for international co-operation in sustainability, said the country wanted to cement its position as “one of the biggest builders of new nuclear plants in the world”. 

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He said Russia expected strong demand for nuclear power from developing countries eager for cleaner sources of energy, as well as from technology companies harnessing AI in data centres. The International Atomic Energy Agency forecast this year that world nuclear generating capacity would increase by 155 per cent to 950 gigawatts by 2050.

“We are building more than 10 different units around the world,” Titov told the Financial Times. “We need a lot of energy. We will not be able to provide this energy without using . . . nuclear. We know that it’s safe . . . it’s not emitting [greenhouse gas emissions], so it is very clean.”

Boris Titov, the Kremlin’s special representative for international co-operation in sustainability © Maksim Konstantinov/SOPA/LightRocket/Getty Images

Russia’s growing overseas nuclear portfolio, including reactor construction, fuel provision and other services, spans 54 countries, according to an article published last year in the journal Nature Energy by the Norwegian Institute of International Affairs. 

Titov pointed to Hungary’s Paks 2 plant as well as units in Bangladesh and Turkey. Russia is also expected to build a plant with small modular reactors in Uzbekistan, while it signed an agreement with Burkina Faso’s ruling junta in 2023. The FT reported this year that Russia was involved in more than a third of new reactors being built worldwide.

Western governments have attempted to push back against Russia’s nuclear prominence, with the US banning imports of Russian-enriched uranium this May. 

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With the exception of Hungary, most eastern European countries have signed contracts for fuel developed to fit Soviet-era reactors by US company Westinghouse since the full-scale invasion of Ukraine. 

As part of a wider push to meet an indicative target of being free from Russian fuel imports by 2027, Dan Jørgensen, the new EU commissioner for energy, said that he wanted to examine the “full nuclear supply chain”. 

But Hungarian premier Viktor Orbán and Slovakian prime minister Robert Fico have said they would block any steps to restrict Russia’s civilian nuclear energy industry.

After meeting Putin on Sunday, Fico said in a post on Facebook that potential sanctions against Russia would be “financially damaging and endanger the production of electricity in nuclear power plants in Slovakia, which is unacceptable”.

But fears that Russia could create critical nuclear fuel shortages for the bloc, as it did for gas in 2022, are overstated, one senior EU official said.

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“Rosatom has a vested interest to be reliable,” they added.

A more immediate problem is US sanctions on Gazprombank, a major conduit for energy payments to Russia. The measures exempted civil nuclear energy except for Hungary’s Paks 2 plant. Hungary’s foreign minister Péter Szijjártó has called the singling out of the new plant an “entirely political decision”.

Many developing countries are looking at nuclear to meet clean energy requirements, offering more potential markets for Russia.

Nik Nazmi Nik Ahmad, Malaysia’s natural resources and environmental sustainability minister, told the Financial Times that the country was “studying the introduction of nuclear”. 

He said all the “major players” were “talking to the [Malaysian] government” on potential projects, without referring to specific countries.

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Speaking at the UN COP29 climate summit in Azerbaijan in November, Jake Levine, senior climate and energy director at the US National Security Council, said Washington was concerned about countries turning to China or Russia for nuclear power.

Global competitiveness in the industry was a “huge issue”, he added.

Additional reporting by Anastasia Stognei, Polina Ivanova and Raphael Minder

Climate Capital

Where climate change meets business, markets and politics. Explore the FT’s coverage here.

Are you curious about the FT’s environmental sustainability commitments? Find out more about our science-based targets here

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Why Trump's tariffs on Mexico would mean higher avocado prices at the grocery store

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Why Trump's tariffs on Mexico would mean higher avocado prices at the grocery store

Avocados grow on trees in an orchard in the municipality of Ario de Rosales, Michoacan state, Mexico, on Sept. 21, 2023. Tariffs on Mexican imports would have a big effect on avocados in the U.S.

Alfredo Estrella/AFP via Getty Images


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Alfredo Estrella/AFP via Getty Images

Of all the products that would be affected by President-elect Donald Trump’s proposed tariffs on Mexico, avocados stand out: 90% of avocados consumed in the U.S. are imported. And almost all of those imports come from Mexico.

Trump has said he plans to impose a blanket tariff of 25% on imports from Mexico and Canada, along with an additional 10% tax on goods from China.

It’s unclear whether the tariffs will be implemented or if they will serve merely as a negotiating tactic.

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If enacted, they could have multiple effects on the avocado industry.

“Broad tariffs, like what’s being proposed, is not something that we’ve seen” before, says David Ortega, a food economist and professor at Michigan State University. “We had the trade war with China back in 2018 that affected steel and aluminum, but when it comes to food, these types of policy proposals are not something that are very common or that we’ve seen recently.”

With one of the biggest guacamole-eating events of the year — the Super Bowl — approaching in February, here’s what to know about avocados, tariffs, and why so many avocados are grown in Mexico.

Prices will rise

Avocados are displayed in a grocery store in Washington, D.C., on June 14, 2022. Experts predict avocado prices will rise in the event of tariffs on Mexican imports.

Avocados are displayed in a grocery store in Washington, D.C., on June 14, 2022. Experts predict avocado prices will rise in the event of tariffs on Mexican imports.

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First, a 25% tariff on imports from Mexico would lead to higher avocado prices at the grocery store.

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But estimating just how much higher is hard to say. It’s possible that producers and importers will absorb some of the costs to keep prices down and stay more competitive.

Ortega says there could be “pretty significant increases in the price of avocados. Maybe not the full 25%, but pretty close, given that there’s very little substitute ability with regards to where we would source avocados.”

But he cautions that because the tariffs apply only to the product’s value at the border, and not to other costs like transportation and distribution within the U.S., prices may not go up by the full 25%.

Regardless of these potential price increases, however, people in the U.S. love their avocados and they’re willing to pay more. Avocado consumption tripled in the U.S. between 2000 and 2021.

“Given that avocado is a staple of our consumption here, I would say that the elasticity is not very high, meaning that even with a big increase in price, consumption is not going to change that much,” says Luis Ribera, a professor and extension economist in the agricultural economics department at Texas A&M University.

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Why Mexico

A farmer works at an avocado plantation at the Los Cerritos avocado group ranch in Ciudad Guzman, state of Jalisco, Mexico, on Feb. 10, 2023. Mexico provides 90% of the avocados consumed in the U.S.

A farmer works at an avocado plantation at the Los Cerritos avocado group ranch in Ciudad Guzman, state of Jalisco, Mexico, on Feb. 10, 2023. Most of the avocados consumed in the U.S. are grown in Mexico.

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Mexico is the biggest producer of avocados in the world and exported $3.3 billion worth of avocados in 2023. A study funded by the industry estimated that avocado production supports 78,000 permanent jobs and 310,000 seasonal jobs in Mexico.

“It’s a very important business in Mexico, very lucrative,” Ribera says.

Mexico emerged as the largest foreign supplier of fruits and vegetables to the U.S. for a few reasons, he says. One: Its proximity to the U.S. market. With a perishable product, closer is better. Peru is the second-largest source of foreign avocados in the U.S., but its greater distance means avocados need to be shipped farther.

The other reasons for Mexico are favorable weather that allows for year-round production of avocados and access to cheap labor, according to Ribera.

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Avocados are grown in the U.S. too, mostly in California and to a lesser extent Florida and Hawaii, but U.S. growers can’t meet Americans’ big appetite. Avocado production in the U.S. has declined, even as Americans grew fonder of the green fruit, according to the USDA.

California avocado growers have faced droughts and wildfires in recent years, making it difficult to offer the year-round availability that American consumers crave, Ortega says. In addition, land is expensive and water is limited.

If the goal of implementing tariffs is to force avocado production to move somewhere besides Mexico, that isn’t easy.

It takes about eight years for avocado trees to produce fruit, according to the USDA. “This is not a product that you can just simply plant more of this season and you get more of in a few months,” Ortega says.

Other countries where the U.S. sources avocados — Peru, the Dominican Republic and Chile — “just simply don’t have the production capacity to replace Mexico’s supply,” he says.

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Tariffs could impact the organic avocado market

Tariffs could also alter the market dynamic when it comes to organic vs. conventional foods.

If prices rise across the board, consumers who typically buy organic avocados might switch to conventional ones to save money. Organic produce makes up about 15% of total fruit and vegetable sales in the U.S., according to the Organic Trade Association, which represents hundreds of organic businesses and thousands of farmers.

“My hypothesis is that the price of conventional products would increase more than the premium organic product,” Ortega says. He reasons that because people who are used to buying organic avocados would move to buy conventional ones, “that in turn increases the demand and would make prices rise more for that category.”

Matthew Dillon, co-CEO of the Organic Trade Association, says those in the organic food industry are looking at diversifying their supply chains away from Mexico, but there’s a three-year transition period required for farmers to switch from producing conventional to organic produce.

“Supply chains are not incredibly elastic in organic. It takes more time to pivot and change when there’s a supply chain disruption. And tariffs are in some ways a form of supply chain disruption for a company, because it creates unpredictable pricing,” he says.

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Together with grocery prices that have gone up more than 26% since the start of the COVID-19 pandemic, Trump’s plans for tariffs on Mexico, along with mass deportations, could create “a perfect storm of high inflationary pressure on the organic sector,” Dillon says.

Furthermore, retaliatory tariffs from Mexico could have their own impacts.

Avocado producers face uncertainty as Trump’s return looms

Avocados in boxes are pictured at a packing plant in the municipality of Ario de Rosales, Michoacan state, Mexico, on Sept. 21, 2023.

Avocados in boxes are pictured at a packing plant in the municipality of Ario de Rosales, Michoacan state, Mexico, on Sept. 21, 2023.

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Aside from the threat of tariffs, the avocado industry has other challenges to deal with: climate change presents several problems, and avocados require a large amount of water to grow. Meanwhile, environmentalists say some avocado growers are cutting down forests to plant avocados.

Producers also face extortion from criminal gangs in Mexico.

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And now with Trump’s tariff threats, producers are left to wonder about their next steps.

“Producers, they react to market fundamentals,” Ribera says. For example, people can foresee how bad weather in Mexico would affect avocado prices. Producers and retailers will adjust to higher and lower demand.

“The issue with a tariff is it’s not a market fundamental — it’s a policy. It’s a political move,” he says. “It could happen or it could not happen, or it could be increased or it could be decreased, you know. So it’s hard for the whole supply chain to adjust.”

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Live news: SingPost shares slump after CEO fired over handling of whistleblower report

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Live news: SingPost shares slump after CEO fired over handling of whistleblower report

While the holiday spirit will dominate the news agenda, there are notable developments to watch across the world, as the three defining themes of 2024 — elections, war and inflation — continue to hum in the background.

On Tuesday, Moldova’s pro-EU president-elect Maia Sandu will attend her inauguration. Her narrow election victory in October, despite alleged Russian meddling in the process, will set the former Soviet country on a path to EU membership.

Maia Sandu © Dumitru Doru/EPA-EFE/Shutterstock

Georgia, on the other hand, will on Sunday swear in Mikheil Kavelashvili to the presidency, a pro-Russian firebrand and Croatia will hold a first-round presidential vote on Sunday.

On Monday, Mozambique’s top court is set to give a verdict on the country’s disputed election in October, while Albanian opposition parties block roads demanding Prime Minister Edi Rama’s resignation

Bank of Japan governor Kazuo Ueda will deliver a speech on Christmas Day. Economists will pore over his words for clues on how president-elect Donald Trump’s tariffs will affect the pace and trajectory of monetary policy.

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UK third-quarter GDP figures will be out on Monday, after months of disappointing economic releases for chancellor Rachel Reeves.

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