The EU is lifting Covid travel restrictions on some countries but the US isn't one of them.

In a move sure to raise Trump's ire, the EU May Bar American Travelers as It Reopens Borders.

European nations are currently haggling over two potential lists of acceptable visitors based on how countries are faring with the coronavirus pandemic. 

Prohibiting American travelers from entering the European Union would have significant economic, cultural and geopolitical ramifications. Millions of American tourists visit Europe every summer. Business travel is common, given the huge economic ties between the United States and the E.U.

Despite the disruptions caused by such a ban, European officials involved in the talks said it was highly unlikely an exception would be made for the United States. They said that the criteria for creating the list of acceptable countries had been deliberately kept as scientific and nonpolitical as possible.

Benchmark

The benchmark is the E.U. average number of new infections — over the past 14 days — per 100,000 people, which is currently 16 for the bloc. The comparable number for the United States is 107, while Brazil’s is 190 and Russia’s is 80, according to a Times database.

The US is on Neither of the EU's Safe Travel Lists

Both safe lists include China, Uganda, Cuba, and Vietnam.

Neither safe list includes the US. 

US Proclamation on Covid Entry Risks 

Yesterday, Trump released this Immigration Proclamation extending until December 31, 2020 the "Suspension of Entry of Immigrants Who Present a Risk to the United States Labor Market During the Economic Recovery Following the 2019 Novel Coronavirus Outbreak".

Canada Fines US Travelers

Americans may go through Canada to get home to Alaska but they must travel along a direct path.

Last week, the Royal Canadian Mounted Police Fined 7 Americans for stopping to sightsee in Banff National Park.

The seven US citizens were fined $1,200 each. Failure to comply with restrictions could lead to up to $750,000 in fines and imprisonment of up to six months.

Testing Dispute

In his Tulsa rally that totally flopped, Trump said had asked the government to slow testing because higher numbers look bad.

The Wall Street Journal reports Fauci Says Health Officials Haven’t Been Told to Slow Coronavirus Testing but the detail denials are amusing.

  • “When you do testing to that extent, you’re going to find more people, you’re going to find more cases. So, I said to my people, ‘slow the testing down, please,’” Mr. Trump said during the rally.
  • Adm. Brett Giroir, who is coordinating coronavirus testing, said Tuesday that “neither the president nor anyone in the administration has suggested to me that they do less testing.”
  • White House press secretary Kayleigh McEnany on Monday cast the remark as a joke and said the president didn’t direct his staff to slow the rate of testing.
  • Mr. Trump, asked Tuesday outside the White House whether he was kidding with the remark, said: “I don’t kid. Let me just tell you. Let me make it clear.”

Does that make any sense? 

Five Possibilities 

  1. Trump issued the order but an aide failed to deliver it. 
  2. Trump changes his mind so often that he has no idea what he said or did when.
  3. Trump thinks the whole Covid thing is a joke. 
  4. Trump himself is lying.
  5. Fauci and Giroir are both lying to protect Trump

It's possible that numbers 1, 2, and 3 are simultaneously correct. 

Trump's Oklahoma Rally was an Enormous Half-Empty Flop

In a related post, please see Trump's Oklahoma Rally was an Enormous Half-Empty Flop.

This material is based upon information that Sitka Pacific Capital Management considers reliable and endeavors to keep current, Sitka Pacific Capital Management does not assure that this material is accurate, current or complete, and it should not be relied upon as such.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD retreats to 1.0700 area following post-PCE jump

EUR/USD retreats to 1.0700 area following post-PCE jump

After spiking to a daily high of 1.0720 with the immediate reaction to US PCE inflation data, EUR/USD lost its traction and declined to the 1.0700 area. Investors remain cautious ahead of this weekend's French election and make it difficult for the Euro to gather strength.

EUR/USD News

GBP/USD stays below 1.2650 after US inflation data

GBP/USD stays below 1.2650 after US inflation data

GBP/USD struggles to preserve its bullish momentum and trades below 1.2650 in the American session on Friday. Earlier in the day, the data from the US showed that the annual core PCE inflation declined to 2.6% in May, limiting the USD's upside and helping the pair hold its ground.

GBP/USD News

Gold keeps its daily gains near $2,330 following US PCE data

Gold keeps its daily gains near $2,330 following US PCE data

Gold prices maintain their constructive bias around $2,330 after US inflation readings gauged by the PCE matched consensus in May and US yields advance slightly across the curve.

Gold News

BTC struggles around the $62,000 level

BTC struggles around the $62,000 level

Bitcoin price faces pullback resistance at the lower band of the descending wedge around $62,000. Ethereum price finds support at $3,288, the 61.8% Fibonacci retracement level. Ripple price faces resistance at $0.500, its daily resistance level.

Read more

French Elections Preview: Euro to suffer after the calm, as specter of extremists, uncertainty rise Premium

French Elections Preview: Euro to suffer after the calm, as specter of extremists, uncertainty rise

The first round of French parliamentary elections is set to trigger high uncertainty. Soothing messages from the far right and far left leave the Euro vulnerable to falls. Calm may return only after the second round of voting on  July 7.

Read more

Majors

Cryptocurrencies

Signatures