Japan Complains After Chinese Fighter Jet Buzzes Patrol Plane
The Chinese J-15 fighter jet tailed a Japanese P-3C patrol aircraft for about 40 minutes last Saturday over international waters of the Pacific Ocean, a Defense Ministry statement said. A Chinese jet also tailed a patrol craft for over 80 minutes the following day, it added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 minutes ago
- Yahoo
Trump extends tariff truce with China for 90 days
US President Donald Trump has ordered a 90-day extension to a US-China tariff truce, hours before it was due to expire – keeping higher duties on hold until November 10 as both sides continue trade talks. US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire. The White House's halt on steeper tariffs will be in place until November 10. "I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days," Trump wrote on his Truth Social platform. While the United States and China slapped escalating tariffs on each other's products this year, bringing them to prohibitive triple-digit levels and snarling trade, both countries in May agreed to temporarily lower them. Their 90-day halt of steeper levies had been due to expire Tuesday. Around the same time that Trump confirmed the new extension, Chinese state media Xinhua news agency published a joint statement from US-China talks in Stockholm saying it would also extend its side of the truce. China will continue suspending its earlier tariff hike for 90 days starting August 12 while retaining a 10-percent duty, the report said. It would also "take or maintain necessary measures to suspend or remove non-tariff countermeasures against the United States, as agreed in the Geneva joint declaration," Xinhua reported. In the executive order posted Tuesday to its website, the White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an unusual and extraordinary threat to the national security and economy of the United States." The order acknowledged Washington's ongoing discussions with Beijing "to address the lack of trade reciprocity in our economic relationship" and noted that China has continued to "take significant steps toward remedying" the US complaints. The 90-day extension means the truce is now set to expire just after midnight on November 10. - Trump-Xi summit? - "Beijing will be happy to keep the US-China negotiation going, but it is unlikely to make concessions," warned William Yang, an analyst at the International Crisis Group. He believes China sees its leverage over rare earth exports as a strong one, and that Beijing will likely use it to pressure Washington. US-China Business Council president Sean Stein said the current extension is "critical to give the two governments time to negotiate an agreement" providing much-needed certainty for companies to make plans. A trade deal, in turn, would "pave the way for a Trump-Xi summit this fall," said Asia Society Policy Institute senior vice president Wendy Cutler. But Cutler, herself a former US trade official, said: "This will be far from a walk in the park." Even as both countries reached a pact to cool tensions after high level talks in Geneva in May, the de-escalation has been shaky. Key economic officials convened in London in June as disagreements emerged and US officials accused their counterparts of violating the pact. Policymakers met again in Stockholm last month. Trump said in a social media post Sunday that he hoped China will "quickly quadruple its soybean orders," adding this would be a way to balance trade with the United States. As part of their May truce, fresh US tariffs targeting China were reduced to 30 percent and the corresponding level from China was cut to 10 percent. Separately, since returning to the presidency in January, Trump has slapped a 10-percent "reciprocal" tariff on almost all trading partners, aimed at addressing trade practices Washington deemed unfair. This surged to varying steeper levels last Thursday for dozens of economies. Major partners like the European Union, Japan and South Korea now see a 15-percent US duty on many products, while the level went as high as 41 percent for Syria. The "reciprocal" tariffs exclude sectors that have been targeted individually, such as steel and aluminum, and those that are being investigated like pharmaceuticals and semiconductors. They are also expected to exclude gold, although a clarification by US customs authorities made public last week caused concern that certain gold bars might still be targeted. Trump said Monday that gold imports will not face additional tariffs, without providing further details. The president has taken separate aim at individual countries such as Brazil over the trial of former president Jair Bolsonaro, who is accused of planning a coup, and India over its purchase of Russian oil. Canada and Mexico come under a different tariff regime. (AFP)
Bloomberg
10 minutes ago
- Bloomberg
Bloomberg Daybreak Asia: Trump Extends China Trade Truce for 90 Days
US President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world's two largest economies. Trump signed an order extending the truce through November 10th, deferring a tariff hike set for Tuesday. The de-escalation first took effect when the US and China agreed to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies. China said it too would extend its own suspension for a further 90 days. Meanwhile, Nvidia and Advanced Micro Devices have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in an unusual, legally questionable deal that reflects the Trump administration's willingness to soften export controls in exchange for financial payouts. We discuss the day's developments with Derek Wallbank, Senior US Economy and Government Editor for Bloomberg News. Plus - Wall Street refrained from making big bets ahead of a key inflation report, with stocks losing steam after climbing to the brink of all-time highs. With the earnings season almost done, investors are turning to economic data for clues on whether the Federal Reserve will be able cut rates in September. Data due Tuesday is forecast to show US consumers saw a slight pickup in inflation as retailers gradually raised prices on a variety of items subject to higher import duties. We break down the potential market implications with Joy Yang, Head of Product Management at MarketVector Indexes.
Fox News
31 minutes ago
- Fox News
Former Bravo star says Trump voters need to be banned from Mexican restaurants in profane rant
Former Bravo reality TV star Jennifer Welch went on an expletive-filled rant demanding people who voted for President Donald Trump three times be banned from Mexican and Chinese restaurants on Thursday. "I've had it with White people that triple Trumped that have the nerve and the audacity to walk into a Mexican restaurant, a Chinese restaurant, an Indian restaurant, go to perhaps their gay hairdresser," Welch commented on her podcast "I've Had It." She recalled an instance of seeing "MAGA-looking people" at a Mexican restaurant and said they had "a lot of f---ing nerve" given the Trump administration's immigration policies. "Frankly, I don't think you should be able to enjoy anything but Cracker Barrel," Welch said. "If you want to triple Trump, if you want to browbeat DEI, if you want to browbeat gay people, you want to browbeat Black people, as you have been doing for four hundred years. And you want to browbeat this generation of immigrants that come over here and open up business earnestly and pay their taxes." Welch continued by attacking Trump as a "teeny-weeny mushroom c--- piece of s--- Cankles McTaco Tits." She added, "White people that triple Trumped should be banned, boycotted from enjoying the best thing that America has to offer, which is multiculturalism. Get your fat a-- out of the Mexican restaurant. Get your fat a-- over to Cracker Barrel because nobody wants to see your f---ing smug a-- teeny-weeny, pink arm, big gut around. Nobody wants to see that s---. No one." Her co-host Angie "Pumps" Sullivan said she "completely" agreed and went one step further by attacking female Trump voters. "I want you to give up a credit card in your name," Sullivan said. "I want you to give up the bank account in your name. And I want you to be completely beholden to a man. I don't want you to work. I want you to stay home and make cornflakes from scratch for that f---er because that's what you're voting for." She continued, "When they're talking about the golden age and 'let's make America great again,' they're talking about you having less rights than men, not be able to have a credit card, not being able to own anything in your own name. So, triple Trump country club Christian White women, you should have to forfeit those luxuries." Both Welch and Sullivan appeared on Bravo's "Sweet Home: Oklahoma" series in 2017. In a comment to Fox News Digital, White House spokesperson Abigail Jackson attacked Welch's comments as "out of touch with reality" based on Trump's "historically diverse coalition." "Rich liberal white women love to pretend to be champions of diversity until they are confronted by diversity of thought. President Trump was elected by a historically diverse coalition of Americans from all races, religions, and orientations. As per usual this reality star is out of touch with reality," Jackson said.
