Politics
Trump says 100% tariffs on China not sustainable, still plans to meet Xi
- I think we’re going to be fine with China, says US president.
- US Treasury secretary speaks with Chinese vice premier.
- World Trade Organisation urges US, China to ease tensions.
US President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare-earth exports.
Asked whether such a high tariff was sustainable and what that might do to the US economy, Trump replied: “It’s not sustainable, but that’s what the number is.”
“They forced me to do that,” he said in an interview with Fox Business Network that was broadcast on Friday.
Trump unveiled additional levies of 100% on imports of Chinese goods a week ago, along with new export controls on “any and all critical software” by November 1, nine days before existing tariff relief was set to expire.
The new trade actions were Trump’s reaction to China’s dramatic expansion of its export controls on rare earth elements. China dominates the market for such elements, which are essential to tech manufacturing.
Trump also confirmed he would meet with Chinese President Xi Jinping in two weeks in South Korea and expressed admiration for the Chinese leader.
“I think we’re going to be fine with China, but we have to have a fair deal. It’s got to be fair,” Trump said on FBN’s “Mornings with Maria,” which was taped on Thursday.
Later, as he was preparing to have lunch at the White House with Ukrainian President Volodymyr Zelenskiy to discuss efforts to end its war with Russia, Trump said: “China wants to talk, and we like talking to China.”
The softening in tone and affirmation of his intent to meet with Xi helped stem Wall Street’s early losses on Friday. Major US stock indexes, which have been rattled over the last week by Trump’s abrupt re-imposition of steep levies on Chinese imports and by credit worries among regional banks, were up in afternoon trading.
US Treasury Secretary Scott Bessent spoke with his counterpart, Chinese Vice Premier He Lifeng, on Friday evening in what he called “frank and detailed discussions” about trade, and said the two will meet in person next week.
WTO urges de-escalation of trade spats
The head of the World Trade Organisation said she urged the US and China to de-escalate trade tensions, warning that a decoupling by the world’s two largest economies could reduce global economic output by 7% over the longer term.
WTO Director-General Ngozi Okonjo-Iweala told Reuters in an interview the global trade body was extremely concerned about the latest spike in US-China trade tensions and had spoken with officials from both countries to encourage more dialogue.
But tensions continued to run high, even as Trump and Xi prepared to meet.
Bessent took aim at China’s state-driven economic practices in a statement to the IMF’s steering committee on Friday, urging the IMF and World Bank to take a tougher stance on China’s external and internal balances and industrial policies that US officials say have helped China build up excess manufacturing capacity that is flooding the world with cheap goods.
And China’s Commerce Ministry on Friday accused the US of undermining the rules-based multilateral trading system since the Trump administration took office in 2025, vowing to intensify its use of dispute settlement actions at the WTO.
It also urged the US to roll back measures that breach non-discrimination rules and align its industrial and security policies with WTO obligations.
Bessent earlier in the week had accused one of He’s top aides of being “unhinged” in recent interactions with US trade negotiators. China said on Friday that Bessent’s remarks “seriously distort the facts.”
- Cairo “studying” request for Sisi to join board, says FM.
- Canadian PM intends to accept Trump’s invitation: aide.
- Argentine president says it will be an ‘honour’ to join initiative.
WASHINGTON: US President Donald Trump’s so-called “Board of Peace” for postwar Gaza began to take shape Saturday, with the leaders of Egypt, Turkey, Argentina and Canada asked to join.
The announcements from those leaders came after the US president named his Secretary of State Marco Rubio, former British prime minister Tony Blair, and senior negotiators Jared Kushner and Steve Witkoff to the panel.
Trump had already declared himself the chair of the body, as he promotes a controversial vision of economic development in the Palestinian territory, which lies in rubble after two-plus years of relentless Israeli bombardment.
The moves came after a Palestinian committee of technocrats meant to govern Gaza held its first meeting in Cairo which was attended by Kushner, Trump’s son-in-law who has partnered with Witkoff for months on the issue.
In Canada, a senior aide to Prime Minister Mark Carney said he intended to accept Trump’s invitation, while in Turkey, a spokesman for President Recep Tayyip Erdogan said he had been asked to become a “founding member” of the board.
Egypt’s Foreign Minister Badr Abdelatty said Cairo was “studying” a request for President Abdel Fattah al-Sisi to join.
Sharing an image of the invitation letter, Argentine President Javier Milei wrote on X that it would be “an honour” to participate in the initiative.
In a statement sent to AFP, Blair said: “I thank President Trump for his leadership in establishing the Board of Peace and am honoured to be appointed to its Executive Board.”
Blair is a controversial figure in the Middle East because of his role in the 2003 invasion of Iraq. Trump himself said last year that he wanted to make sure Blair was an “acceptable choice to everybody.”
Blair spent years focused on the Israeli-Palestinian issue as representative of the “Middle East Quartet” – the United Nations, European Union, United States and Russia – after leaving Downing Street in 2007.
The White House said the Board of Peace will take on issues such as “governance capacity-building, regional relations, reconstruction, investment attraction, large-scale funding and capital mobilisation.”
The other members of the board so far are World Bank President Ajay Banga, an Indian-born American businessman; billionaire US financier Marc Rowan; and Robert Gabriel, a loyal Trump aide who serves on the US National Security Council.
Trump has created a second “Gaza executive board” that appears designed to have a more advisory role.
It was not immediately clear which world leaders were asked to be on each board.
The White House, which said Friday that additional members would be named to both entities, did not immediately reply to a request for comment.
Israel strikes
Washington has said the Gaza plan had gone on to a second phase – from implementing the ceasefire to disarming Hamas, whose October 2023 attack on Israel prompted the massive Israeli offensive.
On Friday, Trump named US Major General Jasper Jeffers to head the International Stabilization Force, which will be tasked with providing security in Gaza and training a new police force to succeed Hamas.
Jeffers, from special operations in US Central Command, in late 2024 was put in charge of monitoring a ceasefire between Lebanon and Israel, which has continued periodic strikes aimed at Hezbollah.
Gaza native and former Palestinian Authority deputy minister Ali Shaath was earlier tapped to head the governing committee.
Trump, a real estate developer, has previously mused about turning devastated Gaza into a Riviera-style area of resorts, although he has backed away from calls to forcibly displace the population.
- Private carrier admits misjudgement, planning gaps.
- Regulator orders IndiGo to relieve senior office bearers.
- Operational meltdown linked to new policy of pilot rest.
India’s civil aviation regulator on Saturday imposed a fine of $2.45 million on IndiGo, the country’s biggest airline, for poor roster planning that led to large-scale flight cancellations in December.
Airports across India were thrown into disarray late last year, with the private carrier admitting “misjudgement and planning gaps” in adapting to a new policy of pilot rest.
Over 4,000 mostly domestic flights were either cancelled or delayed for over a week across the country, stranding hundreds of thousands of passengers.
The operational meltdown came even though IndiGo had two years to prepare for the new rules aimed at giving pilots more rest periods in between flights to enhance passenger safety.
The Directorate General of Civil Aviation (DGCA) said it was levying the penalty for several lapses, including “failure to strike (a) balance between commercial imperatives and crew members’ ability to work effectively”.
The regulator ordered IndiGo to relieve its senior vice president of its operations control centre of his responsibilities, according to a statement released on Saturday.
It also issued warnings to senior officials at the company, including CEO Pieter Elbers “for inadequate overall oversight of flight operations and crisis management”.
There was no immediate response from IndiGo to the fine.
IndiGo, which commands 60% of India’s domestic market, operates more than 2,000 flights a day.
The crisis was one of the biggest challenges faced by the no-frills airline that has built its reputation on punctuality.
India is one of the world’s fastest growing aviation markets. In November 2024, IndiGo reached a daily level of 500,000 passengers for the first time.
- Protesters chant, “Greenland is not for sale.”
- Over “20,000 people” attend protest in Copenhagen.
- Trump says Greenland vital to US security.
COPENHAGEN: Protesters in Denmark and Greenland demonstrated on Saturday against President Donald Trump’s demand that the Arctic island be ceded to the US and called for it to be left to determine its own future.
Trump says Greenland is vital to US security because of its strategic location and large mineraldeposits, and has not ruled out using force to take it. European nations this week sent military personnel to the island at Denmark’s request.
In Copenhagen, demonstrators chanted “Greenland is not for sale” and held up slogans such as “No means No” and “Hands off Greenland” alongside the territory’s red-and-white flag as they marched to the US embassy.
Some wore red baseball caps resembling the “Make America Great Again” caps of Trump supporters, but with the slogan “Make America Go Away”.
In Greenland’s capital Nuuk, hundreds of protesters led by Prime Minister Jens-Frederik Nielsen carried flags and similar banners as they headed for the US consulate.
They passed a newly built block where Washington plans to move its consulate – currently a red wooden building with four staff.
Organisers estimated over 20,000 people attended the protest in Copenhagen – akin to the entire population of Nuuk – though police did not provide an official figure. Other protests were held across Denmark.
“I am very grateful for the huge support we as Greenlanders receive … we are also sending a message to the world that you all must wake up,” said Julie Rademacher, chair of Uagut, an organisation for Greenlanders in Denmark.
Trump triggers diplomatic rift
Trump’s repeated statements about the island have triggered a diplomatic crisis between the US and Denmark, both founding members of the NATO military alliance, and have been widely condemned in Europe.
The territory of 57,000 people, governed for centuries from Copenhagen, has carved out significant autonomy since 1979 but remains part of Denmark, which controls defence and foreign policy, and funds much of the administration.
Some 17,000 Greenlanders live in Denmark, according to Danish authorities.
All five parties elected to Greenland’s parliament ultimately favour independence, but they disagree on the timing and have recently said they would rather remain part of Denmark than join the US
Only 17% of Americans approve of Trump’s efforts to acquire Greenland, and large majorities of Democrats and Republicans oppose using military force to annex it, a Reuters/Ipsos poll found. Trump called the poll “fake”.
Liverpool sign North Carolina Courage legend Denise O’Sullivan
Kourtney Kardashian recalls a journey that took three years
Wetzel: Don’t blame hoops scandal on changing society. It’s just clumsy greed.
-
Tech5 days agoNew Proposed Legislation Would Let Self-Driving Cars Operate in New York State
-
Sports1 week agoClock is ticking for Frank at Spurs, with dwindling evidence he deserves extra time
-
Sports1 week ago
Commanders go young, promote David Blough to be offensive coordinator
-
Entertainment4 days agoX (formerly Twitter) recovers after brief global outage affects thousands
-
Fashion7 days agoSouth India cotton yarn gains but market unease over US tariff fears
-
Fashion7 days agoChina’s central bank conducts $157-bn outright reverse repo operation
-
Business1 week agoSoftBank reduces Ola Electric stake to 13.5% from 15.6% – The Times of India
-
Sports7 days agoUS figure skating power couple makes history with record breaking seventh national championship