logo
White House says Trump open to meeting Putin and Zelensky

White House says Trump open to meeting Putin and Zelensky

Arab News5 hours ago
WASHINGTON: US President Donald Trump is open to meeting with Russian counterpart Vladimir Putin and Ukraine's Volodymyr Zelensky, the White House said Wednesday.
The meeting could take place as early as next week, The New York Times newspaper reported, citing unnamed sources.
The possibility was discussed in a call between Trump and Zelensky that, according to a senior Ukrainian source, also included NATO Secretary General Mark Rutte and the leaders of Britain, Germany and Finland.
It came after Washington's envoy Steve Witkoff visited Moscow for talks with Putin earlier in the day.
'The Russians expressed their desire to meet with President Trump, and the president is open to meeting with both President Putin and President Zelensky,' said White House Press Secretary Karoline Leavitt.
The New York Times reported that Trump intended to meet first with Putin, and then to follow that up with a three-way meeting involving the Russian and Ukrainian leaders.
NATO and Ukrainian officials did not confirm the report when contacted by AFP.
Earlier on Wednesday, Trump hailed the meeting between his envoy and Putin as 'highly productive,' but US officials said sanctions would still be imposed on Moscow's trading partners.
Trump, who had boasted he could end the conflict within 24 hours of taking office, has given Russia until Friday to make progress toward peace or face new penalties.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Apple to invest additional $100bn in US
Apple to invest additional $100bn in US

Arab News

time2 hours ago

  • Arab News

Apple to invest additional $100bn in US

WASHINGTON: Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday. Trump announced the increased commitment at the White House alongside the tech giant's CEO Tim Cook, calling it 'the largest investment Apple has made in America.' 'Apple will massively increase spending on its domestic supply chain,' Trump added, highlighting a new production facility for the glass used to make iPhone screens in Kentucky. In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision. It builds on plans announced in 2021, when the company founded by Steve Jobs said it would invest $430 billion in the country and add 20,000 jobs over the next five years. 'This year alone, American manufacturers are on track to make 19 billion chips for Apple in 24 factories across 12 different states,' Cook said in the Oval Office. Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment. 'This is a significant step toward the ultimate goal of... ensuring that iPhones sold in the United States of America also are made in America,' Trump said. Cook later clarified that, while many iPhone components will be manufactured in the United States, the complete assembly of iPhones will still be conducted overseas. 'If you look at the bulk of it, we're doing a lot of the semiconductors here, we're doing the glass here, we're doing the Face ID module here... and we're doing these for products sold elsewhere in the world,' Cook said. Apple reported a quarterly profit of $23.4 billion in late July, topping forecasts despite facing higher costs due to Trump's sweeping levies. The tariffs are essentially a tax paid by companies importing goods to the United States. This means Apple is on the hook for tariffs on iPhones and other products or components it brings into the country from abroad.

Trump immigration crackdown boosts private prison profits
Trump immigration crackdown boosts private prison profits

Arab News

time2 hours ago

  • Arab News

Trump immigration crackdown boosts private prison profits

NEW YORK: One of the biggest US private prison companies announced a share repurchase program on Wednesday, the latest sign of an industry boom from President Donald Trump's crackdown on illegal immigration. Geo Group, one of the two leading US private prison companies, said the White House's policies will fuel their growth for the foreseeable future, even as executives pointed to staffing and infrastructure limitations that could constrain the Trump administration's mass deportation agenda. The US Immigration and Customs Enforcement agency's target of hiring 10,000 workers is 'very expensive and very complicated,' said Geo Executive Chairman George Zoley, predicting it will 'take a long time' to reach that figure. 'You need more people to go across the country and identify people who are here unlawfully,' Zoley said on a conference call. 'One person doesn't go out and do this job by themselves. It's a whole team of people.' Florida-based Geo, which is adding thousands of beds for detainees at sites around the United States, reported profits of $29.1 million after losing $32.5 million in the year-ago period. Revenues rose 4.8 percent to $636.2 million. The company, which is also seeing growth in its transportation business for ICE, said its board had authorized $300 million in share repurchases. Company officials expect more of a revenue increase in 2026 from the ICE crackdown. By that point, four facilities currently being activated will be at capacity, resulting in annual revenues of $240 million. Geo also has another 5,900 beds at six company facilities that are currently idle. If fully utilized by ICE, they could yield another $310 million in annual revenues, Zoley said. But company officials suggested a widely-discussed Washington target of one million deported annually could be difficult in light of the constraints facing the operation. Trump's multi-year fiscal package approved by Congress in July triples ICE's detention budget to $45 billion over four years. Administration officials have said they need 100,000 beds at detention centers to reach their mass-deportation goals. Zoley estimated that private companies currently have capacity for 75,000 or 80,000 beds, leaving a gap that could be met at military bases or by the US states. 'They are communicating with many red states in particular,' said Zoley, who mentioned Florida, Texas and Louisiana among the Republican-controlled states whose public sectors are being enlisted. 'These are unchartered waters for the agency to expand their platform of detention nationally... to literally more than double the size of the previous administration,' he said. 'It can't be done overnight.' Shares of Geo rose 2.6 percent. After the stock market closed, CoreCivic, the other leading private prison company, lifted its financial targets after reporting that second-quarter profits more than doubled to $38.5 million.

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

Arab News

time2 hours ago

  • Arab News

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

WASHINGTON: US President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25 percent duties announced earlier on India over its purchases of Russian oil, depending on what happens. 'Could happen,' Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine. He gave no further details. 'It may happen ... I can't tell you yet,' Trump said. 'We did it with India. We're doing it probably with a couple of others. One of them could be China.' Trump on Wednesday imposed an additional 25 percent tariff on Indian goods, on top of a 25 percent tariff announced previously, citing its continued purchases of Russian oil. The White House order did not mention China, which is another big purchaser of Russian oil. Last week, US Treasury Secretary Scott Bessent warned China that it could also face new tariffs if it continued buying Russian oil.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store