What Trump's "revenge tax" means for Australian investors
NAB's director of SMSF and investor behaviour, Gemma Dale says Donald Trump may be using the 'revenge tax' on foreign investment in the US, which is part of his 'Big, Beautiful Bill', as a negotiating tactic during trade talks while tariffs are on pause.
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Sky News AU
29 minutes ago
- Sky News AU
Trump delivers patriotic speech to thunderous applause from military
United States President Donald Trump and Defense Secretary Pete Hegseth have received thunderous applause from the military. The reaction came at Fort Bragg, where President Trump and Secretary Hegseth spoke to the military on the 250th birthday of the US Army. Planes and helicopters flew over Fort Bragg to celebrate the US president, with Donald Trump watching Special Forces Operations demonstrations. Taking the stand, Hegseth declared that President Donald Trump had the 'backs' of the American troops. Hegseth then declared the Trump administration wasn't interested in 'woke garbage and political correctness', resulting in thunderous applause and cheers.
The Age
35 minutes ago
- The Age
US military marches into political firestorm as troops deploy to Los Angeles
While tanks, armoured troop carriers and artillery systems pour into Washington for the US Army's 250th birthday celebration, National Guard troops from the Army's 79th Infantry Brigade Combat Team, supplemented by active-duty marines, have been deployed to the streets of Los Angeles. It is a juxtaposition that has military officials and experts concerned. Several current and former Army officials said the military parade and other festivities on Saturday, which is also President Donald Trump's 79th birthday, could make it appear as if the military is celebrating a crackdown on Americans. Loading 'The unfortunate coincidence of the parade and federalising the California National Guard will feel ominous,' said Kori Schake, a former defence official in the George W. Bush administration who directs foreign and defence policy studies at the American Enterprise Institute. Schake initially did not consider the parade much of a problem, but is now concerned about 'the rapid escalation by the administration' in Los Angeles. The two scenes combined 'erode trust in the military at a time when the military should be a symbol of national unity,' said Max Rose, a former Democratic member of Congress and an Army veteran. 'They are deploying the National Guard in direct contradiction to what state and local authorities requested, and at the same time, there's this massive parade with a display more fitting for Russia and North Korea,' he said. Some veterans' groups soured on the parade well before the deployments in Los Angeles. The Army recently asked the Vietnam Veterans of America chapter in Northern Virginia if it would provide 25 veterans to sit in the official reviewing stand. The group said no. 'If it were just a matter of celebrating the Army's 250th birthday, there'd be no question,' said Jay Kalner, the chapter's president and a retired CIA analyst. 'But we felt it was being conflated with Trump's birthday, and we didn't want to be a prop for that.' It was unclear exactly what grounds Trump and the Defence Department are using to deploy active-duty Marines to an American city. The Posse Comitatus Act generally prohibits active-duty forces from providing domestic law enforcement unless the president invokes the little-used Insurrection Act. But in his order federalising California's National Guard, Trump cited Title 10 of the US Code, which lays out the legal basis for the use of US military forces. Trump wanted to invoke the Insurrection Act to use active-duty military troops against Black Lives Matter protesters during his first term. But his defence secretary, Mark Esper, and the chair of the Joint Chiefs of Staff, Gen. Mark Milley, both opposed the move, and Trump held back. The moment proved to be a breaking point between Trump and the Pentagon. The president eventually fired Esper, and he has suggested Milley should be executed. 'Active-duty military has absolutely no role in domestic law enforcement, and they are not trained for those missions.' Betty McCollum, Democrat representative This time, Trump's defence secretary, Pete Hegseth, has cheered him on. Within minutes of Trump's order on Sunday deploying the first 2000 National Guard troops to join the scattered immigration protests in Los Angeles, Hegseth threatened to deploy active-duty marines from Camp Pendleton. (The marines who deployed Monday night were from Twentynine Palms, a base about 241 kilometres east of Los Angeles, but Hegseth continued to say Camp Pendleton, which is about 160 kilometres south of the city). By Monday night, 700 marines and another 2000 National Guard troops had been activated for largely peaceful protests that have, so far, done relatively little damage to buildings or businesses. On Tuesday, Trump said anybody protesting the parade in Washington would 'be met with very big force'. Hegseth – whose term has been defined by his amplification of the president – defended the deployments in congressional testimony on Tuesday, saying, 'We ought to be able to enforce immigration law in this country.' He has enthusiastically backed the Army's plans to hold a rare military parade, in which 150 military vehicles, including 28 tanks and 28 heavy armoured troop carriers, will roll down the streets of the capital, granting Trump the celebration he has wanted for years. Democratic lawmakers and some military veterans expressed fear that Hegseth, himself a National Guard veteran who was deployed against Black Lives Matter protesters in 2020, was taking the military where it has traditionally least wanted to be: into the middle of a political battle. 'The president's decision to call the National Guard troops to Los Angeles was premature, and the decision to deploy active-duty Marines as well is downright escalatory,' Democrat representative Betty McCollum said at a House committee hearing Tuesday as lawmakers grilled Hegseth. Loading 'Active-duty military has absolutely no role in domestic law enforcement, and they are not trained for those missions.' One defence official said Pentagon lawyers believe they have found some leeway in the Title 10 provision that Trump used to order National Guard troops to Los Angeles against the wishes of California's Governor Gavin Newsom. The Marines will help protect federal property and federal agents in Los Angeles, the US military's Northern Command said in a statement. But unlike law enforcement officers or even National Guard troops, who practice controlling crowds during protests, active-duty troops are trained to respond to threats quickly and with lethal force. 'I do not take the position that invoking the Insurrection Act is necessary at this point; the facts on the ground don't justify it,' said Daniel Maurer, a retired Army lieutenant colonel who served as a judge advocate general. 'It's almost like a show of force to the MAGA base, if you will.' Maurer is now a law professor at Ohio Northern University. 'Partisan environment' Concerns about the parade surfaced even before the Trump administration deployed troops to Los Angeles. 'The challenge of the parade all along has been how to celebrate the military's 250-year contribution to the republic while avoiding the politicisation that comes from our current polarised, partisan environment,' said Peter Feaver, a political science professor at Duke University who has studied the military for decades. 'That challenge is considerably harder when some units are seen parading at the same time other units are seen policing a public protest.' One Army official, speaking on the condition of anonymity to avoid alienating Trump, said she would be leaving town during the events. Janessa Goldbeck, a Marine Corps veteran who is now a senior adviser at veterans advocacy group VoteVets, said she was worried that the marines and National Guard were being led into a political maelstrom that could damage their relations with the American public. 'Young men and women who sign up to serve, to volunteer in their communities, to respond to wildfires and other natural disasters,' she said, 'are now being put in this very dicey position politically.'
Sydney Morning Herald
44 minutes ago
- Sydney Morning Herald
US military marches into political firestorm as troops deploy to Los Angeles
While tanks, armoured troop carriers and artillery systems pour into Washington for the US Army's 250th birthday celebration, National Guard troops from the Army's 79th Infantry Brigade Combat Team, supplemented by active-duty marines, have been deployed to the streets of Los Angeles. It is a juxtaposition that has military officials and experts concerned. Several current and former Army officials said the military parade and other festivities on Saturday, which is also President Donald Trump's 79th birthday, could make it appear as if the military is celebrating a crackdown on Americans. Loading 'The unfortunate coincidence of the parade and federalising the California National Guard will feel ominous,' said Kori Schake, a former defence official in the George W. Bush administration who directs foreign and defence policy studies at the American Enterprise Institute. Schake initially did not consider the parade much of a problem, but is now concerned about 'the rapid escalation by the administration' in Los Angeles. The two scenes combined 'erode trust in the military at a time when the military should be a symbol of national unity,' said Max Rose, a former Democratic member of Congress and an Army veteran. 'They are deploying the National Guard in direct contradiction to what state and local authorities requested, and at the same time, there's this massive parade with a display more fitting for Russia and North Korea,' he said. Some veterans' groups soured on the parade well before the deployments in Los Angeles. The Army recently asked the Vietnam Veterans of America chapter in Northern Virginia if it would provide 25 veterans to sit in the official reviewing stand. The group said no. 'If it were just a matter of celebrating the Army's 250th birthday, there'd be no question,' said Jay Kalner, the chapter's president and a retired CIA analyst. 'But we felt it was being conflated with Trump's birthday, and we didn't want to be a prop for that.' It was unclear exactly what grounds Trump and the Defence Department are using to deploy active-duty Marines to an American city. The Posse Comitatus Act generally prohibits active-duty forces from providing domestic law enforcement unless the president invokes the little-used Insurrection Act. But in his order federalising California's National Guard, Trump cited Title 10 of the US Code, which lays out the legal basis for the use of US military forces. Trump wanted to invoke the Insurrection Act to use active-duty military troops against Black Lives Matter protesters during his first term. But his defence secretary, Mark Esper, and the chair of the Joint Chiefs of Staff, Gen. Mark Milley, both opposed the move, and Trump held back. The moment proved to be a breaking point between Trump and the Pentagon. The president eventually fired Esper, and he has suggested Milley should be executed. 'Active-duty military has absolutely no role in domestic law enforcement, and they are not trained for those missions.' Betty McCollum, Democrat representative This time, Trump's defence secretary, Pete Hegseth, has cheered him on. Within minutes of Trump's order on Sunday deploying the first 2000 National Guard troops to join the scattered immigration protests in Los Angeles, Hegseth threatened to deploy active-duty marines from Camp Pendleton. (The marines who deployed Monday night were from Twentynine Palms, a base about 241 kilometres east of Los Angeles, but Hegseth continued to say Camp Pendleton, which is about 160 kilometres south of the city). By Monday night, 700 marines and another 2000 National Guard troops had been activated for largely peaceful protests that have, so far, done relatively little damage to buildings or businesses. On Tuesday, Trump said anybody protesting the parade in Washington would 'be met with very big force'. Hegseth – whose term has been defined by his amplification of the president – defended the deployments in congressional testimony on Tuesday, saying, 'We ought to be able to enforce immigration law in this country.' He has enthusiastically backed the Army's plans to hold a rare military parade, in which 150 military vehicles, including 28 tanks and 28 heavy armoured troop carriers, will roll down the streets of the capital, granting Trump the celebration he has wanted for years. Democratic lawmakers and some military veterans expressed fear that Hegseth, himself a National Guard veteran who was deployed against Black Lives Matter protesters in 2020, was taking the military where it has traditionally least wanted to be: into the middle of a political battle. 'The president's decision to call the National Guard troops to Los Angeles was premature, and the decision to deploy active-duty Marines as well is downright escalatory,' Democrat representative Betty McCollum said at a House committee hearing Tuesday as lawmakers grilled Hegseth. Loading 'Active-duty military has absolutely no role in domestic law enforcement, and they are not trained for those missions.' One defence official said Pentagon lawyers believe they have found some leeway in the Title 10 provision that Trump used to order National Guard troops to Los Angeles against the wishes of California's Governor Gavin Newsom. The Marines will help protect federal property and federal agents in Los Angeles, the US military's Northern Command said in a statement. But unlike law enforcement officers or even National Guard troops, who practice controlling crowds during protests, active-duty troops are trained to respond to threats quickly and with lethal force. 'I do not take the position that invoking the Insurrection Act is necessary at this point; the facts on the ground don't justify it,' said Daniel Maurer, a retired Army lieutenant colonel who served as a judge advocate general. 'It's almost like a show of force to the MAGA base, if you will.' Maurer is now a law professor at Ohio Northern University. 'Partisan environment' Concerns about the parade surfaced even before the Trump administration deployed troops to Los Angeles. 'The challenge of the parade all along has been how to celebrate the military's 250-year contribution to the republic while avoiding the politicisation that comes from our current polarised, partisan environment,' said Peter Feaver, a political science professor at Duke University who has studied the military for decades. 'That challenge is considerably harder when some units are seen parading at the same time other units are seen policing a public protest.' One Army official, speaking on the condition of anonymity to avoid alienating Trump, said she would be leaving town during the events. Janessa Goldbeck, a Marine Corps veteran who is now a senior adviser at veterans advocacy group VoteVets, said she was worried that the marines and National Guard were being led into a political maelstrom that could damage their relations with the American public. 'Young men and women who sign up to serve, to volunteer in their communities, to respond to wildfires and other natural disasters,' she said, 'are now being put in this very dicey position politically.'
