logo
Trump's tariffs will test unity among allies at G7 finance ministers' summit

Trump's tariffs will test unity among allies at G7 finance ministers' summit

Washington Post21-05-2025

BANFF, Canada — Leading financial officials from the world's richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump's sweeping tariffs .
The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic . There may be less agreement this year as Trump's tariffs threaten to slow growth in many of the gathered nations, including host Canada, which Trump has also suggested become a potential 51st state .

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

More Americans support than oppose Trump's Army celebration parade: Poll
More Americans support than oppose Trump's Army celebration parade: Poll

Yahoo

time31 minutes ago

  • Yahoo

More Americans support than oppose Trump's Army celebration parade: Poll

As President Donald Trump hosts events on Saturday to celebrate the U.S. Army's 250th anniversary, a new national poll indicates more Americans are likely to approve than disapprove of the president's decision to hold a military parade. But six in 10 Americans are concerned about the cost of the parade, saying it's "not a good use" of government money, according to an Associated Press-NORC Center for Public Affairs Research survey. Trump, who is marking his 79th birthday on Saturday, is scheduled to give a speech during the parade, which will take place Saturday evening along the National Mall in Washington D.C. Defense officials say roughly 6,600 soldiers will march in the parade, with some 50 military aircraft and 150 vehicles, including tanks, rocket launchers, and missiles. The Army says it's spending $25-$45 million to pay for the parade, which includes fixing D.C. streets damaged by the tanks. Trump Warns Any Protesters At His Military Parade Will Be 'Met With Very Big Force' Trump has defended the cost of the parade, saying last month in an interview on NBC's "Meet the Press" that it would be "peanuts compared to the value of doing it." Read On The Fox News App "We have the greatest missiles in the world. We have the greatest submarines in the world. We have the greatest army tanks in the world. We have the greatest weapons in the world. And we're going to celebrate it," the president said. Trump To Host Military Parade To Celebrate Army's 250Th Birthday But some in Congress are criticizing the parade, saying the money could be better spent. "If it was really about celebrating military families, we could put $30 million toward helping them offset the cost of their child care, food assistance and tuition," Sen. Tammy Duckworth, a military veteran who lost both of her legs in combat while piloting an Army Black Hawk helicopter during the Iraq War, said in a social media post. "But it isn't. Trump is throwing himself a $30 million birthday parade just to stroke his own ego," Duckworth argued. According to the poll, 40% of adults nationwide approved of the military parade, with 29% disapproving, and three in 10 neither approving nor disapproving. There was an expected partisan divide, with two-thirds of Republicans approving of the president's move to hold the parade, and half of Democrats disapproving. But in a separate question, 60% of those surveyed said holding the parade was not a good use of government funds, with 38% disagreeing. Nearly two-thirds of Republicans said holding the parade was a good use of government funds, while eight in 10 Democrats disagreed. The White House, in a statement, said that the parade "will be a unifying celebration for not only the thousands in attendance, but Americans across the country who can participate in honoring our active-duty servicemembers, Veterans, and fallen heroes." Pro-democracy, progressive, and labor activists are planning protests in all 50 states on Saturday that will coincide with Trump's military parade. Many are part of a series of "No Kings" protests across the country, with more than 1,500 rallies scheduled for this weekend. But organizers decided against holding a major protest in the nation's capital and instead will hold their main event in Philadelphia. The poll, which was conducted June 5-9, also indicates that 39% of those questioned approve of the job Trump's doing in the White House, with six in ten giving the president a thumbs down. The survey had an overall margin of error of plus or minus four percentage article source: More Americans support than oppose Trump's Army celebration parade: Poll

The Grim Reality of the Conflict in Iran
The Grim Reality of the Conflict in Iran

Yahoo

time31 minutes ago

  • Yahoo

The Grim Reality of the Conflict in Iran

A damaged residential building in Tehran, Iran, on June 13, 2025. Credit - Middle East Images—AFP/Getty In the early hours of Friday morning, Israel launched a sweeping military campaign against Iran. The ongoing operation, which was reportedly planned to unfold over several days, is targeting a list of nuclear and military facilities, as well as senior regime officials, that grows longer by the hour. Iran has thus far retaliated with drones and a substantial missile barrage that could see Israel expand its targeting further still. In a region that has seen endless bloodshed since Hamas's October 2023 attacks, the grim reality is that things may get much worse before they get even worse. Under the Islamic Republic that took power in 1979, enmity toward Israel has been a core ideological tenet of Iranian foreign policy and a key driver in its regional policy. Over decades, their rivalry played out mainly through indirect actions by Iran and by covert operations from Israel. That dynamic changed last year. In April and again in October, the two sides engaged in direct hostilities, with Iran twice launching massive missile salvoes largely repelled by Israeli and allied air defenses. After the second strike, which came shortly after Israel severely degraded the upper ranks of Hizbollah in Lebanon—the most powerful of Iran's proxies—Israel targeted Iranian air defences and missile production facilities, facing little resistance or response. But while Iran's regional power projection was diminishing and its arsenal of missiles and drones twice proved largely ineffective, a third concern—a nuclear threat which Israel considered existential—was still growing. Tehran had been steadily expanding the scale and scope of its nuclear activity ever since President Donald Trump withdrew from the Iran Nuclear Deal during his first term; President Joe Biden's Administration sought and failed to revive it. In March, Trump announced that he had reached out to Iran's leadership to negotiate a new deal, and his administration conducted five rounds of talks in Muscat and Rome in attempts to reach one. For Iran, which sought sanctions relief for its embattled economy, the success of negotiations with the U.S. hinged on concessions it has long opposed: Dismantling its nuclear program altogether or even ceasing the domestic enrichment of uranium. For Israel, eliminating, rather than merely restricting, the production of fissile material that could be used to fuel a weapon has been paramount. For President Trump, the prospect of a military strike by Israel seems a means of strengthening Washington's hand in a diplomatic agreement in which he still remains interested. But at the moment, the question may be less a matter of whether diplomacy can succeed than how grievously the situation could escalate. The worst-case scenarios are dire: A cycle of Israeli and Iranian counterstrikes that draw in the U.S., Iran's non-state allies, and regional states, cause grievous harm to civilians on all sides, and inject profound uncertainty into global markets. Over time, Iran's regime could attempt to reconstitute its nuclear activity from the rubble, only with an explicit aim of fashioning a weapon in the shortest possible time as a means of deterrence in the future. Another disastrous scenario is that the regime in Tehran falls and there is a protracted war for power and chaos or an even harder line regime armed with nuclear weapons. Is there a path out of this deepening crisis? Perhaps, though not a particularly promising one. Trump's stated objective—even as the fire is exchanged in two directions—remains a deal with Iran, and Tehran could offer concessions on the stipulation that it also involve an immediate cessation of hostilities with Israel. Were Iran to concede on its red lines in an effort to stave off greater destruction, perhaps Trump would be keen enough to avert a widening conflagration to also press Israel into ending the escalation cycle as well. Iran's government has previously demonstrated that when facing particularly inauspicious circumstances, especially those that might threaten the very foundations of the regime itself, it can make concessions necessary for its survival. But facing perhaps the gravest crisis it has faced since the eight-year-long war with Iraq in the 1980s, it may end up doubling down to the detriment of its people and the region. Contact us at letters@

Trump Supporters Regret Vote Over ICE Raids
Trump Supporters Regret Vote Over ICE Raids

Buzz Feed

time32 minutes ago

  • Buzz Feed

Trump Supporters Regret Vote Over ICE Raids

This week, Donald Trump's mass ICE raids have ignited anti-ICE protests nationwide. These ICE raids have received backlash from those on the left — but even the MAGA crowd isn't holding back their disapproval of immigrant families being torn apart. Here's what Trump supporters are saying over on the r/LeopardsAteMyFace subreddit. Ryan Garcia, an American professional boxer who endorsed Donald Trump in the 2024 election, recently spoke out against Trump's ICE raids in LA: "I may have voted for Trump, but I can't stay silent about what happening with ICE in LA." The co-founder of "Latinas for Trump," Ileana Garcia, called the recent ICE raids "unacceptable and inhumane," writing, "this is not what I voted for." This Latino Trump voter says he has "logic, empathy, and reason," which is why he doesn't support the ICE raids: One Florida Trump voter lost one-third of his employees at his roofing company to ICE raids: Trump voter: "I feel for this deportation issue and the way it's come of these families deserve to be ripped apart." "I honestly did not vote for deportation or any of that." "At one point in the election, I remember wanting Trump to win, I wanted change, regulation to immigration, NEVER crossed my mind he would begin hunting down our people!" And finally, "I support most of what trump is doing but I have to say I do not support these gustapo tactics of ICE." What are your thoughts? Let us know in the comments below.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store