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Yahoo
22 minutes ago
- Yahoo
Trump Hits India With 50% Tariff -- Modi Strikes Back by Rebuilding Ties With China
India is inching closer to Beijing. After US President Donald Trump doubled down with a 50% tariff on Indian goodspunishing New Delhi over discounted Russian oil purchasesPrime Minister Narendra Modi is quietly reopening the China playbook. Direct flights between the two neighbors, suspended since 2020, could resume as early as next month. According to people familiar with the matter, the announcement may coincide with Modi's first China visit in seven years for the Shanghai Cooperation Organisation summit. Beijing, also under pressure from Trump's trade war, just eased urea export curbs to Indiathe world's biggest buyer of the fertilizerhinting it's open to a broader reset. Warning! GuruFocus has detected 3 Warning Signs with CAH. Meanwhile, signs of a thaw are showing up across sectors. India has resumed tourist visas for Chinese nationals after years of curbs, and the urea trade reopening marks a rare economic gesture from Beijing. These developments suggest a cautious but notable warming of ties. This isn't about alignmentit's about options. With U.S. pressure rising, Modi may be recalibrating India's external relationships in real time. If Washington closes one door, New Delhi seems ready to open two elsewhere. Trump's trade blitz may have done what years of diplomacy couldn'tpush India deeper into the BRICS fold. Modi has invited Putin to visit, expanded Mercosur trade talks with Brazil, and directly challenged Trump's claims of brokering peace with Pakistan. For investors, the implications could be far-reaching. The tariff fight might accelerate closer ChinaIndia coordination on green tech, supply chain resilience, and emerging market trade. As the world's two most populous nations recalibrate, capital may follow the thaw. This article first appeared on GuruFocus. Sign in to access your portfolio
The Hill
24 minutes ago
- The Hill
GOP senator on DC carjacking fears: ‘I don't buckle up'
Sen. Markwayne Mullin (R-Okla.) on Wednesday expressed his fear of being carjacked in the nation's capital, as the Trump administration ramps up its federal takeover of local law enforcement. 'And by the way, I'm not joking when I say this, I drive around in Washington, D.C., in my Jeep, and yes, I do drive myself, and I don't buckle up. And the reason why I don't buckle up, and people can say whatever they want to, they can raise their eyebrows at me again, is because of carjacking,' Mullin said during an appearance on Fox News's 'The Ingraham Angle.' 'I don't want to be stuck in my vehicle when I need to exit in a hurry, because I got a seatbelt around me and that — and I wear my seatbelt all the time,' he told host Brian Kilmeade, in a clip highlighted by Mediaite. 'But in Washington, D.C., I do not, because it is so prevalent of carjacking,' the Oklahoma Republican continued. 'And I don't want the same thing [to] happen to me what's happened to a lot of people that work on the hill.' President Trump announced earlier this week that his administration was taking control of the Metropolitan Police Department (MPD) and deployed hundreds of National Guard soldiers to the area to combat crime and violence in the city. The move, sparked after a former Department of Government Efficiency (DOGE) staffer was attacked by teenagers during a carjacking — has received heavy blowback from Democrats and local officials. A provision in Washington's ' Home Rule Act ' allows the president to federalize the police force for up to 30 days — but any additional time requires Congressional approval. During a speech Wednesday from the Kennedy Center, Trump said he will seek a 'long-term' extension. 'Well, if it's a national emergency, we can do it without Congress,' Trump said, when asked about whether he's talked to lawmakers about extending the takeover. He added that he expects meet with Congress 'very quickly' and snag GOP support. Sen. Lindsey Graham (R-S.C.) signaled in a post online Wednesday that he and fellow Sen. Katie Britt (R-Ala.) were working with the Trump administration on a safety package for the district. 'Together, we will try to shepherd the DC Security Fund through Congress to give President Trump the resources he will need to improve the safety and quality of life in our nation's capital,' he wrote on social platform X. 'Every American should be behind this effort to make Washington, DC clean and safe so that it can truly become the shining city on the hill.' For such a move to advance, however, it would likely need support from some Senate Democrats. Sen. Minority Leader Chuck Schumer (D-N.Y.) made clear that his caucus would not back the measure. 'No f‑‑‑ing way,' he told podcast host Aaron Parnas. 'We'll fight him tooth and nail. … He needs to get Congress to approve it, and not only are we not going to approve it, but there are some Republicans who don't like either.' D.C. Mayor Muriel Bowser has also pushed back on Trump's moves, calling them an 'authoritarian push' as data shows the crime rate declining in the nation's capital. The mayor has also used the national attention as a platform to reup the district's quest to gain statehood.
USA Today
24 minutes ago
- USA Today
South Sudan denies talks with Israel to resettle Palestinians from Gaza
The Associated Press, citing six sources, reported Israel was holding discussions with South Sudan to resettle Palestinians from Gaza. NAIROBI − South Sudan is not in talks with Israel to resettle Palestinians from war-torn Gaza, South Sudan's foreign ministry said on August 13. The Associated Press, citing six people with knowledge of the matter, reported that Israel was holding discussions with South Sudan to resettle Palestinians from Gaza in the East African nation. "These claims are baseless and do not reflect the official position or policy of the Government of the Republic of South Sudan," South Sudan's foreign affairs ministry said in a statement. More: Hamas hostage videos silenced Israeli media's talk of Gaza aid crisis Israel's military has pounded Gaza City in recent days prior to its planned takeover of the shattered enclave which is home to more than 2 million Palestinians. Israeli Prime Minister Benjamin Netanyahu on aUGUST 13 reiterated a view − also enthusiastically floated by President Donald Trump − that Palestinians should simply leave Gaza. Many world leaders are horrified at the idea of displacing the Gaza population, which Palestinians say would be like another "Nakba" (catastrophe), when hundreds of thousands fled or were forced out during the Arab-Israeli war of 1948. In March, Somalia and its breakaway region of Somaliland also denied receiving any proposal from the United States or Israel to resettle Palestinians from Gaza, with Mogadishu saying it categorically rejected any such move. South Sudan's Foreign Minister Monday Semaya Kumba visited Israel last month and met with Netanyahu, according to the foreign ministry in Juba. More: Israel approves plan to take control of Gaza City Last month South Sudan's government confirmed that eight migrants deported to the African nation by the Trump administration were currently in the care of the authorities in Juba after they lost a legal battle to halt their transfer. Since achieving independence from Sudan in 2011, South Sudan has spent nearly half its life at war and is currently in the grip of a political crisis, after President Salva Kiir's government ordered the arrest of Vice President Riek Machar in March.
