Trump ‘saddened' to watch Musk ‘go off the rails' after he vowed to launch political party prez says will cause ‘chaos'
The US president slammed Musk's new 'America Party', arguing third political parties never succeed in the US and only create "complete and total disruption and chaos".
It comes after Musk cited a poll in which he asked whether respondents 'want independence from the two-party (some would say uniparty) system' that has dominated US politics for two centuries.
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Daily Mail
22 minutes ago
- Daily Mail
Donald Trump could target WNBA over Caitlin Clark controversy, warns Stephen A. Smith
Stephen A. Smith isn't dismissing a Wall Street Journal op-ed making the controversial argument that the federal government should investigate the WNBA for its treatment of Caitlin Clark. The opinion piece - written by Sean McLean, a former staffer in the first Trump White House and in two congressional GOP offices - argues that Clark is the victim of a hostile work environment. McLean - who stunningly compared Clark to Michael Jordan - argues that Clark's treatment, and what he perceives to be a lack of response from the WNBA, should be investigated and questioned by Congress and the Labor Department. The piece was divisive - with McLean receiving plenty of backlash on social media WNBA analysts, commentators, and fans; not only for the content of his piece, but also for his 'misleading' use of a quote from Las Vegas Aces star A'ja Wilson. Wilson made a comment to the Associated Press last year in the context of Clark's boosted popularity in the league, where she said Clark's race was a 'huge thing' and that, 'I think a lot of people may say it's not about Black and white, but to me it is... it boils my blood when people say it's not about race, because it is'. Despite this being the context of her words, McLean used that quote to claim Wilson believes Clark is being targeted because she is white. In spite of the fervor the piece stirred up, Smith believes there may be support for an investigation into this matter. 'I'm not here saying the case will be won by the government if it gets to the points. I'm saying they have a case, they have an argument,' Smith said of the idea during an episode of his self-titled podcast on Tuesday. Smith, the host and executive producer of ESPN's 'First Take', also suggested that President Donald Trump could use this investigation to solidify support among his followers. 'Do we doubt that at his discretion, at his disposal, if he finds this to be an issue that is politically expedient to him, that Trump won't use this to feed his base?' Smith said. 'If [Clark] is seen to be physically getting abused on the basketball court in a way that is such a clear and flagrant discrepancy compared to what happens to others, that that man is not going to say something? 'You don't think Catilin Clark could become an issue of national, potentially international, and definitely federal proportions?' 'If the Trump administration can settle with Columbia for a $221 million settlement over what's taken place on a campus, you think you can definitively rule out what kind of noise could be made if the WNBA continues to allow this treatment of Caitlin Clark?'
Reuters
an hour ago
- Reuters
China's SMIC says Trump tariffs did not cause expected 'hard landing'
BEIJING, Aug 8 (Reuters) - China's top foundry SMIC's ( opens new tab co-CEO said on Friday that U.S. tariff policy had not resulted in the "hard landing" that the company was initially worried about and that strong domestic demand will keep its production capacity tight until October. Zhao Haijun, co-CEO of Semiconductor Manufacturing International Corp (SMIC), told a post-earnings call that the company is not consulting with customers regarding U.S. President Donald Trump's 100% tariff plan on chip imports but expects the impact could be smaller due to contingency plans that had been made after tariffs were announced in April. China raised additional duties on U.S. goods to 125% in April after Trump effectively raised tariffs on Chinese goods to 145%. Trump said on Wednesday the United States will impose a tariff of about 100% on imports of semiconductors, although that will not apply to companies that are manufacturing in the U.S. or have committed to do so. SMIC was blacklisted by the U.S. commerce department in 2020. China is the dominant market for SMIC, accounting for 84% of its revenue in the second quarter, unchanged from the first quarter, while the U.S. contributed 12.9%, slightly up from 12.6%. SMIC's second-quarter revenue rose 16.2% year-on-year to $2.2 billion. Its profit attributable to owners of SMIC declined 19.5% to $132.5 million, missing analysts' estimates of $183.35 million, according to LSEG data. SMIC's Hong Kong-traded shares were down more than 5% on Friday. Zhao said the previous rounds of tariffs resulted in less than 10% of cost increases at its overseas customers. "After these past few months, everyone has either stocked up enough inventory for this year and next year, or found other suppliers," Zhao said, "So I think the impact will become even smaller." Zhao said SMIC's production capacity remains insufficient and would remain tight until October due to robust demand from domestic substitution.
The Guardian
an hour ago
- The Guardian
‘Impossible to rebuild': NIH scientists say Trump cuts will imperil life-saving research
Last week, the office of management and budget (OMB) revealed plans to freeze all outside funding for National Institutes of Health research this fiscal year, but reversed course later that day, leaving the scientific community in a state of whiplash. A senior official at the NIH who spoke on condition of anonymity said this was just the latest in a 'multi-prong' approach by the Trump administration to destroy American scientific research. In July, the National Cancer Institute, which is part of the NIH, updated its website to reflect Trump administration plans to significantly cut cancer research spending as well. Since January, the administration has been cancelling NIH grants, in some cases targeting other specific research areas, such as HIV treatment and prevention. 'It's really, really bad at NIH right now,' said the official, who added that researchers working outside the NIH have been unaware of the severity of the situation until recently, even though they have also faced funding upheaval since the winter. 'The Trump administration is, for the first time in history, substantially intervening inside NIH to bring it under political control,' the official said. 'That's what we saw this week with the OMB freeze on funding.' 'I think the core of it is that they want to destroy universities, or at least turn them into rightwing ideological factories,' the official said, since the majority of the NIH's grants are distributed to researchers in universities, medical schools and similar institutions. In 2021, JD Vance gave a speech entitled The Universities Are the Enemy. The official said they were alarmed at how little universities are fighting back – many have settled with the administration, which has 'gotten Columbia to completely knuckle under. One of America's most significant universities and a place that is a worldwide magnet for talents. Same thing at Penn. Now they're going after UCLA.' Institutions such as the National Academies of Sciences, Engineering, and Medicine have also stayed on the sidelines, refusing to sufficiently resist Trump, the official said. If the administration does manage to freeze NIH funding, it will push to rescind the funds permanently using a rescission motion, the official said. This type of motion only requires a simple majority of 50 votes to pass the Senate, instead of the supermajority necessary to beat a filibuster. Republicans would have enough votes to 'ram through these motions to effectively cut the budget without Democrats in Congress weighing in. It's an ongoing disaster.' Researchers at the many universities where the administration has frozen funding, such as Northwestern University in Evanston, Illinois, are starting to feel the gravity of the situation, said the official. Carole LaBonne, a biologist at Northwestern, said 'university labs are hanging by a thread', explaining that even though the OMB reversed its decision to freeze outside NIH funding, 'the baseline reality is not much better'. Other recent changes at the NIH include allocating research grants all at once rather than over multiple years, so that fewer projects are funded. Reductions in cancer research funding also mean that only 4% of relevant grant applications will move forward. 'This will effectively shut down cancer research in this country and destroy the careers of many scientists. This is devastating,' LaBonne said. The extreme uncertainty surrounding scientific research is also negatively affecting scientists' mental health. 'I do not know any faculty who are not incredibly stressed right now, wondering how long they will be able to keep their labs going and if/when they will have to let laboratory staff go,' LaBonne said. 'It also very hard to motivate oneself to write grants, a painstaking and time-intensive processes, when there is a 96% chance it will not be funded.' Ryan Gutenkunst, who heads the department of molecular and cellular biology at the University of Arizona, said: 'The chaos at NIH is definitely freaking [faculty and students] out and wasting huge amounts of emotional energy and time. We were emailing about the latest pause, only to find it unpaused hours later.' Sign up to This Week in Trumpland A deep dive into the policies, controversies and oddities surrounding the Trump administration after newsletter promotion The senior NIH official found last week's events unsurprising, they said: 'They're throwing everything at the wall to stop NIH from spending. What struck me was that many of my colleagues at universities were like, 'Oh, my God, they're stopping grants.' And it really seemed to activate people in a way that I hadn't seen before, whereas a lot of us at NIH thought, 'Oh, they just did another thing.'' Science is an engine for American economic dominance, and scientific clusters such as Silicon Valley could not exist without federal funding, the official said. 'Once you break them, it will be impossible to rebuild them. We're on the path to breaking them.' LaBonne said she worried about the impact on progress in cancer specifically. 'My own research touches on pediatric cancers. Forty years ago more than 60% of children diagnosed with cancer would have died within five years of diagnosis. Today there is a 90% survival rate. We should not put progress like that in danger,' she said. Although many major scientific institutions have complied with the administration, grassroots organizations and individual scientists, including those within the NIH, are finding ways to resist. The senior NIH official said they were most hopeful about grassroots organizers who are resisting the Trump administration openly, rather than relying on older strategies such as litigation and negotiations with Congress. For example, Science Homecoming, a website to promote science communication, is encouraging scientists to get the word out about the importance of federal funding to their home towns. The Bethesda Declaration, signed by 484 NIH staff, directly accused NIH director Jay Bhattacharya of 'a failure of your legal duty to use congressionally appropriated funds for critical NIH research. Each day that the NIH continues to disrupt research, your ability to deliver on this duty narrows.'
