After Running Hot and Cold, Trump Heaps Praise on Netanyahu
Trump has showered Netanyahu with praise for leading a 12-day assault on Iran aimed at setting back Tehran's nuclear ambitions, a conflict the U.S. joined by launching bunker-busting airstrikes on underground Iranian uranium-enrichment sites.
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New York Times
26 minutes ago
- New York Times
Trump Announces Preliminary Trade Pact With Vietnam
President Trump said on Wednesday that the United States had reached a trade deal with Vietnam, one that would roll back some of the punishing tariffs he had issued on Vietnamese products in return for that nation agreeing to open its market to American goods. The preliminary deal will also indirectly affect China, an important trading partner of Vietnam. 'It will be a Great Deal of Cooperation between our two Countries,' Mr. Trump wrote in a post on Truth Social announcing the deal. According to Mr. Trump, the deal imposes a 20 percent tariff on all imports from Vietnam and a 40 percent tariff on any 'transshipping.' That provision is aimed at addressing Trump administration criticisms that countries like Vietnam have become a channel for Chinese manufacturers to bypass U.S. tariffs and funnel goods into the United States. Which products would fall under the higher tariff rate is unclear. It could refer to goods imported to the United States from Vietnam that actually originated in China. But it could also apply to Vietnamese products that use a certain amount of Chinese parts. The deal could include a lower tariff on goods that are made in Vietnam with fewer Chinese parts and materials, and a higher tariff rate for Vietnamese goods that contain many Chinese components. Vietnam was soon scheduled to face a 46 percent tariff rate as part of the 'reciprocal' tariffs that the Trump administration unveiled on April 2. Want all of The Times? Subscribe.
Yahoo
26 minutes ago
- Yahoo
Trump Visits $450 Million 'Alligator Alcatraz,' Suggests Taxpayers Should Fund More of Them
Only eight days after construction began, and 12 days after Florida Attorney General James Uthmeier released a video on X announcing plans for an immigration detention center in the Everglades, "Alligator Alcatraz" will officially open this week. The site, which was visited by President Donald Trump and Florida Republican Gov. Ron DeSantis on Tuesday, puts Florida at the forefront of the federal government's mass deportation campaign. The state-run immigration detention facility is planned to eventually hold up to 5,000 detainees and will be capable of processing and deporting migrants to speed up deportations amid the Trump administration's immigration crackdown. The 30-square-mile parcel of land was chosen in part for its unused airstrip—and for its alligator- and python-laden surroundings serving as cheap security and deterrence. "They ain't going anywhere once they are there…because good luck getting to civilization," DeSantis said during a news conference on Monday. "The security is amazing. Natural and otherwise." During the tour of the facility, DeSantis added that Florida should not be the only state but should serve as a model. "We need other states to step up," he said. Trump called out California Gov. Gavin Newsom specifically, saying the Democratic governor could "learn something" about curbing illegal immigration. DeSantis pointed out that California is home to the original Alcatraz, implying that it, too, could be outfitted as an immigration detention center. Although both the president and DeSantis were quick to say Department of Homeland Security (DHS) Secretary Kristi Noem would be able to find funding for additional immigration detention centers, the cost and source of funding for these facilities merit further scrutiny, particularly since ultimately taxpayers are footing the bill. While touted as an "efficient, low-cost opportunity to build a temporary detention facility" in Uthmeier's original video about the facility, Florida's new facility is expected to cost $450 million to operate for a single year. A DHS official told CNN that Florida will fund the operation of the facility and then "submit reimbursement requests" through the Federal Emergency Management Agency (FEMA) and DHS. Secretary Noem said that Alligator Alcatraz and other approved detention facilities in the state will be funded "in large part" by $625 million set aside by the FEMA Shelter and Services Program. The project has faced objections from local residents and government officials, including Miami-Dade County Mayor Daniella Levine Cava, who opposed using county-owned land for the project. After Levine Cava requested an environmental impact report and updated land appraisal, DeSantis seized the land under emergency powers in place since 2023. The post Trump Visits $450 Million 'Alligator Alcatraz,' Suggests Taxpayers Should Fund More of Them appeared first on
Yahoo
29 minutes ago
- Yahoo
US open to 'creative solutions' on pharma trade with EU, Irish minister says
By Conor Humphries DUBLIN (Reuters) -U.S. Trade Representative Jamieson Greer made clear in a meeting with Irish Trade Minster Simon Harris last month that Washington was open to "creative solutions" on pharmaceutical trade between the U.S. and European Union, Harris said on Wednesday. "He made it clear that he was open to creative solutions when it comes to pharma and I think that's an important recognition that actually pharma between the U.S. and the EU, the U.S. and Ireland, is much more interdependent than perhaps people were led to believe in certain quarters at the start of this process," Harris told reporters. The European Union wants immediate relief from tariffs in key sectors as part of any trade deal with the U.S. due by a July 9 deadline, EU diplomats have told Reuters, even as they accept the U.S. baseline tariff of 10% as unavoidable. The EU also wants a deal to cover commercial aircraft and parts, pharmaceuticals and semiconductors, sectors the U.S. is investigating, but has not yet imposed extra duties on. Trump said in June the pharma duties would be announced "very soon". "I think it's important to be truthful with people, the EU is negotiating with an administration that believes in tariffs and clearly I think 10% seems to be the baseline in any agreement they (the U.S.) have reached so far," Harris said. "But we will be seeking at an EU level to maximise the number of sectors where there is zero-for-zero (tariffs)." Harris highlighted pharma, aviation and agriculture as areas Dublin would like trade between the EU and U.S. to flow freely. He added that there was a welcome intensity to the talks between the EU and U.S. and that while a brief extension to the July 9 deadline is something that can considered, it would be preferable to at the very least deliver a framework agreement and set forward a roadmap for further engagement on key sectors.
