
Qatar's luxury jet gift to Trump is 'unconditional donation,' signed agreement says
WASHINGTON − Qatar's gift to the White House of a luxury jumbo jet to serve as President Donald Trump's Air Force One is an "unconditional donation," according to a memorandum of understanding signed by Defense Secretary Pete Hegseth and Qatari officials and viewed by USA TODAY.
The plane is a "bona fide gift" made in "good faith and in the spirit of cooperation," and is not contingent upon "any past, present or future official act or decision," according to the memo. The Defense Department will be responsible for the plane's operation and maintenance, it says.
More: With $37 million and a jet, Trump's presidential library takes off, Eric Trump as pilot
The memo was signed by Hegseth and Qatar's deputy prime minister and defense minister and dated July 7.
The $400-million gift from Qatar was announced as Trump visited the country on a trip to the Middle East in May. The Pentagon said later that month that Hegseth had officially accepted it; the Washington Post reported on July 25 that a final agreement in fact has yet to be reached.
Trump intends the Boeing 747 to become his new Air Force One, at least until sluggish repairs on other suitable planes can be completed. When Trump no longer needs it or after he leaves office, the plane will be transferred to his presidential library, the White House has said.
That process will require millions of dollars in renovations to ensure it meets the requirements of a plane carrying the president, including installing special security equipment and checking for spy devices. Air Force Secretary Troy Meink told Congress in June the process would cost "probably less than $400 million," but Democratic lawmakers and experts have estimated the cost at $1 billion or more.
The New York Times reported on July 27 that $934 million was pulled from a financially fraught program to revamp the U.S.'s aging nuclear missile stockpile to fix up the plane.
The gift united critics from across the political spectrum, ranging from top Democrats to MAGA influencers like Trump confidante Laura Loomer. Democratic lawmakers said it smelled of corruption and called it a violation of constitutional rules barring U.S. officials from accepting gifts from foreign heads of state.
"This is not just naked corruption, it is also a grave national security threat," Senate Minority Leader Chuck Schumer, D-New York, said in a speech in May.
"I trust Qatar like I trust a rest-stop bathroom," Sen. John Kennedy, R-Louisiana, told Fox News.
Justice Department sued over memo greenlighting gift
A press freedom organization sued the Justice Department on July 28 for refusing to release a memo from Attorney General Pam Bondi that greenlit the gift as "legally permissible," according to court documents.
The Freedom of the Press Foundation requested the memo under the Freedom of Information Act in mid-May, but was told by the Justice Department that it would be under wraps until Jan. 25, 2027, according to the complaint.
Trump's acceptance of the plane was "bolstered by Attorney General Bondi's memorandum reportedly finding no legal impediment to the Administration's acceptance of the jet," attorneys for the plaintiff wrote.
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Yahoo
11 minutes ago
- Yahoo
Trump tariffs live updates: Trump hits India with additional 25% tariff as world awaits sweeping duties
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You can see the new rates Trump is set to levy in the graphic below: Trump on Tuesday said he would soon announce tariffs on semiconductor and pharmaceutical imports, as he prepares to add more sectoral duties to his mix of tariffs. He said duties on pharma could eventually balloon as high as 250%. In the past several days, Trump has unleashed a flurry of deals and trade moves leading up to his self-imposed deadline: Trump granted Mexico, the US's largest trading partner, a 90-day reprieve on higher tariffs. Trump hiked tariffs on Canadian imports to 35%, though goods contained in the US-Mexico-Canada agreement are exempt, keeping this hike's impact limited so far. The US agreed to a trade deal with South Korea. The agreement includes a 15% tariff rate on imports from the country, while the US will not be charged a tariff on its exports. Trump imposed 50% tariffs on semi-finished copper products starting Aug. 1. 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President Trump's copper (HG=F) tariffs are due to hit imports valued at more than $15B in 2024, highlighting the potential inflationary impact on American manufacturers. Trump's unveiling of 50% import duties rattled the global copper market last week, because the US president provided a surprise exemption to key forms of wiring metal. But it still leaves significant trade volumes subject to tariffs. Bloomberg News reports: Read more here. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. 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President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. India hits back at Trump's tariff threat India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. Nvidia partner Hon Hai's July sales growth weakened by tariffs Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Sign in to access your portfolio
Yahoo
11 minutes ago
- Yahoo
Exclusive-Lula rejects 'humiliation' of calling Trump over US-Brazil tariff
By Brad Haynes and Lisandra Paraguassu BRASILIA (Reuters) -As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil's President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks with U.S. President Donald Trump which he believes would turn into a "humiliation" for him. Brazil is not about to announce reciprocal tariffs, he said. Nor will his government give up on cabinet-level talks. But Lula himself is in no rush to ring the White House. "The day my intuition says Trump is ready to talk, I won't hesitate to call him," Lula said in an interview from his presidential residence in Brasilia. "But today my intuition says he doesn't want to talk. And I'm not going to humiliate myself." Despite Brazil's exports facing one of the highest tariffs imposed by Trump, the new U.S. trade barriers look unlikely to derail Latin America's largest economy, giving Lula more room to stand his ground against Trump than most Western leaders. Lula described U.S.-Brazil relations at a 200-year nadir after Trump tied the new tariff to his demand for an end to the prosecution of right-wing former President Jair Bolsonaro, who is standing trial for plotting to overturn the 2022 election. The president said Brazil's Supreme Court, which is hearing the case against Bolsonaro, "does not care what Trump says and it should not," adding that Bolsonaro should face another trial for provoking Trump's intervention, calling the right-wing former president a "traitor to the homeland." "We had already pardoned the U.S. intervention in the 1964 coup," said Lula, who got his political start as a union leader protesting against the military government that followed. "But this now is not a small intervention. It's the president of the United States thinking he can dictate rules for a sovereign country like Brazil. It's unacceptable." Lula said his ministers were struggling to open talks with U.S. peers, so his government was focused on domestic measures to cushion the economic blow of U.S. tariffs, while maintaining "fiscal responsibility." He also said he was planning to call leaders from the BRICS group of developing nations, starting with India and China, to discuss the possibility of a joint response to U.S. tariffs. Lula also described plans to create a new national policy for Brazil's strategic mineral resources, treating them as a matter of "national sovereignty" to break with a history of mining exports that added little value in Brazil. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


The Hill
12 minutes ago
- The Hill
Mamdani holds double-digit lead over Cuomo in DDHQ average
New York City Democratic mayoral nominee Zohran Mamdani leads former Gov. Andrew Cuomo by 13 points in Decision Desk HQ's recently formed average tracking the race. The average, made up of a mix of independent and campaign-associated polls, shows Mamdani ahead in the five-candidate field with 38.1 percent as of the most recent polling, followed by Cuomo, who is running an independent campaign after losing the Democratic primary, with 25 percent. Republican nominee Curtis Sliwa is in third with 15 percent, followed closely by incumbent Mayor Eric Adams, who is also pursuing an independent campaign, with 11.5 percent. Independent Jim Walden, a former assistant U.S. attorney, trails well behind in last with just over 1 percent. Mamdani has been in the process of coalescing Democratic support behind his candidacy after his upset win in the primary in June over Cuomo. Some top Democratic leaders have withheld their endorsement for Mamdani despite him being the Democratic nominee, and polling has shown Mamdani with less support than what would normally be expected for the Democratic nominee for mayor in the heavily Democratic city. But Mamdani's support has been ticking up, while Cuomo's support has been dropping. Mamdani has also picked up endorsements from New York Democrats like Reps. Jerry Nadler and Adriano Espaillat, the latter of whom backed Cuomo in the primary. The other candidates in the race have expressed concern about the possibility of splitting the vote among them in November and allowing Mamdani to win the general election. Cuomo has suggested that the candidates should unify behind whichever candidate is in the strongest position to face Mamdani in September. But Adams and Sliwa, who have consistently trailed Cuomo in polling for second place, have been adamant that they will not drop out.