A heckler at Turning Point USA's Student Action Summit interrupted a speech by President Donald Trump's border czar.
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Yahoo
23 minutes ago
- Yahoo
Trump pauses export controls to bolster China trade deal, FT says
(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added.
The Hill
24 minutes ago
- The Hill
Asian shares are mixed after Wall Street sets more records for US stocks
BANGKOK (AP) — Stock markets in Asia were mixed on Monday after U.S. stocks rose to more records as they closed out another winning week. U.S. futures and oil prices were higher ahead of trade talks in Stockholm between U.S. and Chinese officials. European futures rose after the European Union forged a deal with the Trump administration calling for 15% tariffs on most exports to the U.S. The agreement announced after President Donald Trump and European Commission chief Ursula von der Leyen met briefly at Trump's Turnberry golf course in Scotland staves off far higher import duties on both sides that might have sent shock waves through economies around the globe. Tokyo's Nikkei 225 index lost 1% to 41,056.81 after doubts surfaced over what exactly the trade truce between Japan and U.S. President Donald Trump, especially the $550 billion pledge of investment in the U.S. by Japan, will entail. Terms of the deal are still being negotiated and nothing has been formalized in writing, said an official, who insisted on anonymity to detail the terms of the talks. The official suggested the goal was for a $550 billion fund to make investments at Trump's direction. Hong Kong's Hang Seng index gained 0.4% to 25,490.45 while the Shanghai Composite index lost 0.2% to 3,587.25. Taiwan's Taiex rose 0.3%. CK Hutchison, a Hong Kong conglomerate that's selling ports at the Panama Canal, said it may seek a Chinese investor to join a consortium of buyers in a move that might please Beijing but could also bring more U.S. scrutiny to a geopolitically fraught deal. CK Hutchison's shares fell 0.6% on Monday in Hong Kong. Elsewhere in Asia, South Korea's Kospi was little changed at 3,195.49, while Australia's S&P/ASX 200 rose 0.3% to 8,688.40. India's Sensex slipped 0.1%. Markets in Thailand were closed for a holiday. On Friday, the S&P 500 rose 0.4% to 6,388.64, setting an all-time for the fifth time in a week. The Dow Jones Industrial Average climbed 0.5% to 44,901.92, while the Nasdaq composite added 0.2%, closing at 21,108.32 to top its own record. Deckers, the company behind Ugg boots and Hoka shoes, jumped 11.3% after reporting stronger profit and revenue for the spring than analysts expected. Its growth was particularly strong outside the United States, where revenue soared nearly 50%. But Intell fell 8.5% after reporting a loss for the latest quarter, when analysts were looking for a profit. The struggling chipmaker also said it would cut thousands of jobs and eliminate other expenses as it tries to turn around its fortunes. Intel, which helped launch Silicon Valley as the U.S. technology hub, has fallen behind rivals like Nvidia and Advanced Micro Devices while demand for artificial intelligence chips soars. Companies are under pressure to deliver solid growth in profits to justify big gains for their stock prices, which have rallied to record after record in recent weeks. Wall Street has zoomed higher on hopes that President Donald Trump will reach trade deals with other countries that will lower his stiff proposed tariffs, along with the risk that they could cause a recession and drive up inflation. Trump has recently announced deals with Japan and the Philippines, and the next big deadline is looming on Friday, Aug. 1. Apart from trade talks, this week will also feature a meeting by the Federal Reserve on interest rates. Trump again on Thursday lobbied the Fed to cut rates, which he has implied could save the U.S. government money on its debt repayments. Fed Chair Jerome Powell has said he is waiting for more data about how Trump's tariffs affect the economy and inflation before making a move. The widespread expectation on Wall Street is that the Fed will wait until September to resume cutting interest rates. In other dealings early Monday, U.S. benchmark crude oil gained 24 cents to $65.40 per barrel. Brent crude, the international standard, also added 24 cents to $67.90 per barrel. The dollar rose to 147.72 Japanese yen from 147.71 yen. The euro slipped to $1.1755 from $1.1758.
Washington Post
25 minutes ago
- Washington Post
Doonesbury Comic Strips by Garry Trudeau - July 28, 1990
........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Laura Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for.".... ........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Laura Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for.".... ........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Laura Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for."....
