logo
Canada PM Carney's daughter caught in Trump's Harvard crossfire

Canada PM Carney's daughter caught in Trump's Harvard crossfire

Time of India24-05-2025

Thousands of foreign students at Harvard University are in the crossfire of an administrative limbo and looking for alternatives after U.S. President Donald Trump's administration revoked Harvard's ability to enrol students from abroad. Among these are Cleo Carney, daughter of newly elected Canadian Prime Minister Mark Carney. Princess Elisabeth, first in line to the Belgian throne, was another Harvard student facing expulsion. She has completed her first year, Belgian Palace spokesperson Lore Vandoorne said.
Show more
Show less

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Quad Leaders Summit likely to be held in November
Quad Leaders Summit likely to be held in November

Hindustan Times

time36 minutes ago

  • Hindustan Times

Quad Leaders Summit likely to be held in November

The Quad Leaders Summit is expected to be held in November, with the four members of the grouping now focused on giving shape to an agenda to bolster economic security and maritime security, people familiar with the matter said. The Quad Leaders Summit, which will be hosted by India this year, was earlier expected to be held in September but scheduling and logistical issues have resulted in plans to hold the meet later in the year, the people familiar with planning for the meeting said on condition of anonymity. However, dates are yet to be finalised for the summit, they said. Some Quad members believed September wouldn't be ideal for holding the summit because the focus would be on the UN General Assembly in New York, and the people pointed out that Japan is set to hold elections for the upper chamber of the Diet or the Parliament in July, leaving little time for preparations for a summit. The summit will be preceded by a meeting of the foreign ministers of India, Australia, Japan and the US - the four members of Quad - that is set to be hosted by Washington either in late June or early July, the people said. As preparations have progressed for the summit, the four members of Quad have felt the need to make the agenda more focused so that the grouping can come up with concrete deliverables, the people said. 'There was a feeling that the Quad had spread itself too thin by taking on too many things. There is a need for a more focused agenda,' one of the people said. The focus in shaping the agenda for the Quad Leaders Summit will be on infrastructure and technology, which both dovetail into creating economic security, maritime security and maritime domain awareness, and disaster response, a second person said. The people also said some aspects of shaping the agenda were influenced by the imperatives of the Donald Trump administration in the US. 'The cancer moonshot, which was conceived at the behest of the Biden administration, doesn't appear to be a priority at the moment,' the second person said. The Quad Cancer Moonshot, a global offshoot of a US initiative, focused on reducing the burden of cancer in the Indo-Pacific region, starting with cervical cancer. 'The Quad partners are giving shape to efforts to offer technology and funding for infrastructure across the Indo-Pacific so that smaller countries in the region have more options,' a third person said. The four members of Quad have already done considerable work to bolster the Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA), which was launched in 2022 to combat illegal fishing and counter 'dark shipping'. Last year, the Quad agreed to expand this initiative to the Indian Ocean through the Indian Navy's Information Fusion Centre in Gurugram. The initiative aims to improve real-time maritime monitoring, particularly the identifying and tracking of suspicious or unlawful activities such as 'dark shipping', whereby ships switch off their tracking systems. In addition to the maritime domain awareness initiative, the Quad recently launched the Indo-Pacific Logistics Network (IPLN), which enables the grouping to leverage shared logistics capabilities in the Indo-Pacific to support the response to natural disasters. The people said IPMDA and IPLN reflect the Quad's commitment to a free and open Indo-Pacific and highlight practical cooperation to address regional challenges. Counter-terrorism too is expected to figure in both the upcoming meeting of Quad foreign ministers and the summit, and India will expect support from the other members of the grouping for its new approach to counter cross-border terrorism backed by Pakistan, the people said.

Trump says China will supply rare earths: Why these elements are crucial for US
Trump says China will supply rare earths: Why these elements are crucial for US

First Post

time42 minutes ago

  • First Post

Trump says China will supply rare earths: Why these elements are crucial for US

US President Donald Trump said Wednesday that a 'deal' has been reached with China, with Beijing agreeing to make it easier to provide magnets and rare earth metals to American companies. These minerals have become ubiquitous, from being used in smartphones to electric vehicles. But China's restrictions on exports of seven of these rare earth elements have threatened to upend the global supply chain, hitting the US as well as India read more US President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. File Photo/Reuters United States President Donald Trump has claimed to have reached a 'deal' with China amid trade talks. He stated that Beijing is ready to facilitate the supply of magnets and rare earth metals to US companies. The US, on the other hand, has agreed not to revoke the visas of Chinese nationals on American college campuses. 'Our deal with China is done, subject to final approval with President Xi [Jinping] and me,' Trump wrote on his Truth Social platform on Wednesday (June 11). 'Full magnets, and any necessary rare earths, will be supplied, up front, by China.' STORY CONTINUES BELOW THIS AD The US president's remarks come after two days of high-level trade talks between the US and China in London. While it may not be a deal, but a 'framework' that paves the way for more talks between the world's two biggest economies. Let's take a closer look. US-China trade talks President Donald Trump's comments about a 'deal' between the US and China come after the two sides agreed to a truce in May after imposing sky-high tariffs on each other's imports. In his post on Truth Social, Trump said the 'deal' allows the US to charge a 55 per cent tariff on imported Chinese goods. China would impose a 10 per cent tariff on US imports. The details about the new agreement are unclear so far. Amid no clarity, the response from markets was muted, with the S&P 500 up 0.1 per cent. US Commerce Secretary Howard Lutnick said that the two sides had 'reached a framework to implement the Geneva consensus'. 'Once the presidents approve it, we will then seek to implement it,' he added. Last month, the US and China agreed in Geneva to pause the high tariffs that had nearly paralysed trade between the two countries. White House press secretary Karoline Leavitt said Wednesday that Trump was reviewing the details of the deal. 'But what the president heard, he liked,' she added. Analysts have reacted to the US president's announcement, pointing out that more details need to be known. STORY CONTINUES BELOW THIS AD Adam Button, Chief Currency Analyst, Forexlive, Toronto, told Reuters, 'Obviously, it's good news that China and the US have reached some sort of agreement, and Trump has certainly tried to spin it positively. But it's not clear what path the US and China are on and what they're trying to achieve. Trump hinted at this, saying he wants to expand China trade. In some ways, the US-China talks have created more questions than answers. Is this tariff rate going to stick? And what exactly are the US and China working towards? 'The ultimate takeaway on China is that things aren't getting worse. So, that's good. We probably built in some expectations of maybe material progress.' Why rare earth metals are important for US The significance of China's export of rare earth metals and magnets for the US was underlined in Trump's post, which specifically mentioned them, along with the broader trade agreement. Rare earths are 17 metallic elements, consisting of scandium, yttrium and the lanthanides. While these materials are found throughout the Earth's crust, extracting and processing them is costly and environmentally damaging. The modern world cannot function without rare earths. They are used in smartphones, missiles, flat-screen TVs, batteries in electric vehicles, MRI scanners and cancer treatments. STORY CONTINUES BELOW THIS AD From the automotive industry to defence, permanent magnets made with rare earth elements (REEs) are essential across sectors. The US military is heavily reliant on rare earths from China. According to a 2025 research note from the Center for Strategic and International Studies (CSIS) think tank, these materials are used in F-35 fighter jets, lasers, satellites, Tomahawk missiles, Virginia- and Columbia-class nuclear-powered submarines, unmanned aerial vehicles and smart bombs. In April, China imposed export restrictions on seven rare earth elements and magnets amid tensions with the US over Trump's new tariffs. Washington had levied 145 per cent taxes on Chinese imports, with Beijing retaliating with 125 per cent on US goods. 'The United States is already on the back foot when it comes to manufacturing these defence technologies,' Gracelin Baskaran of CSIS said in an interview published by the think tank. 'China is rapidly expanding its munitions production and acquiring advanced weapons systems and equipment at a pace five to six times faster than the United States. While China is preparing with a wartime mindset, the United States continues to operate under peacetime conditions.' STORY CONTINUES BELOW THIS AD The International Energy Agency said China produces 61 per cent of mined rare earths, but controls 92 per cent of the global production output. The US-China trade deal, while yet to be finalised, would come as a relief for American defence companies such as Lockheed Martin — which uses the most samarium in the US – a rare earth metal used in military-grade magnets, according to The Guardian. China entirely controls the supply of this element. China's restrictions impact India China's export restrictions on seven rare earth elements (REE) and magnets have threatened to disrupt global supply chains. New Delhi could also feel the heat of these export curbs. India's import of rare earth magnets has ramped up in the last five financial years — 12,400 tonnes in FY21 to 28,700 tonnes in FY24. This further surged to 53,700 tonnes in FY25. Of the 53,700 tonnes of permanent magnets – several containing rare earth elements — exported in 2024-25, 93 per cent were from China. This was prior to Beijing's export restrictions announced in April. As per an Indian Express report, India has up to three weeks of REE magnet supply left. Amid the potential shortage, industry executives are expected to travel to China. STORY CONTINUES BELOW THIS AD China's restrictions apply to seven rare earth elements – samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium. It also requires companies to secure special export licenses to export the minerals and magnets. Speaking to Indian Express earlier, a senior executive from the Indian car industry said that importers now have to give an undertaking to Chinese suppliers that the rare earth magnets obtained from the Asian giant would only be used in vehicles and not for defence purposes. India's automotive industry could feel the heat of China's export restrictions as these magnets are vital for the production of electric vehicles and various automotive components, including gear mechanisms and drive trains. Saurabh Agarwal, Partner & Automotive Tax Leader, EY India told Times of India (TOI), 'The recent actions by China have significantly disrupted global supply chains, particularly through their increasing export control over critical commodities. This underscores the urgent need for India, and indeed any nation, to foster a self-sustaining economy. We must prioritise developing our own critical mineral resources and building an end-to-end domestic supply chain, especially as the world shifts towards greater self-reliance.' STORY CONTINUES BELOW THIS AD 'Given the current trajectory of our growing economy, it's imperative that the government introduces a Production-Linked Incentive (PLI) scheme specifically for rare earth magnets and critical mineral recycling. This will be crucial in the mid-term for establishing a robust domestic supply chain,' he added. 'In the short run, we must leverage our diplomatic channels to engage with the Chinese government and resolve the immediate challenges around export control licenses. This is essential to prevent production stoppages in our industries,' Agarwal suggested. On Monday, Commerce and Industry Minister Piyush Goyal had admitted that China's export restrictions will have short-term impacts on the domestic automotive and white goods sectors. 'Obviously, there are issues around the stopping of permanent magnets from China to India, which will affect our auto sector, particularly, and several white goods and other sectors Some companies have put in their applications, and we hope that good sense should prevail and they will get their approvals for permanent magnets,' he told reporters. STORY CONTINUES BELOW THIS AD Goyal said that the Indian embassy is engaging with China on the issue and his ministry is also working on resolutions. When asked whether the government will bring a PLI scheme for the sector, he said he has interacted with automobile companies, who remain 'very' confident about resolving the issue. 'They are in dialogue with our innovators, startups and they say they will take care of any funding requirement or pricing correction that may need to encourage faster roll out and growth of this sector,' Goyal said. With inputs from agencies

India-US trade pact likely to miss 'Fall' deadline, New Delhi seeks clarity on Trump's policy
India-US trade pact likely to miss 'Fall' deadline, New Delhi seeks clarity on Trump's policy

First Post

time42 minutes ago

  • First Post

India-US trade pact likely to miss 'Fall' deadline, New Delhi seeks clarity on Trump's policy

As Indian and the US trade representatives negotiate the initial trenches of a bilateral trade agreement. Here's the reason why both nations might miss the fall deadline in finalising a deal read more While India and the United States work towards finalising the initial aspects of a bilateral trade deal , reports are emerging that both nations will likely miss the fall deadline in finalising an agreement. Sources close to the matter told The Times of India that New Delhi is seeking clarity from the US President Donald Trump's administration on its trade policy. While the two nations are finalising an 'initial tranche' of the proposed trade deal before July 9, Washington, DC, is yet to give clarity on its trade policy beyond the Trump tariffs. 'A long-lasting agreement will require the US to move beyond a case-by-case approach, which can form the basis for a durable agreement,' the source told The Times of India. STORY CONTINUES BELOW THIS AD The source stated that New Delhi is seeking clarity on how the tariff cuts committed by the US Trade Representative will be implemented, since there is no clarity on whether the move would require approval from the US Congress. India is also monitoring the legal challenges to Trump's reciprocal tariffs, which have created 'uncertainties on how the duty cuts will be negotiated.' Three factors India will be looking at The two nations started discussing a bilateral trade agreement following the meeting between US President Donald Trump and Prime Minister Narendra Modi in February. Following the talks, it was announced that the two nations had agreed to negotiate a bilateral trade deal by the Fall before the US President decided to roll out reciprocal tariffs on April 2, which was suspended later. Meanwhile, it is pertinent to note that the American trade deals with the United Kingdom and China are also interim and are not final agreements . The source told TOI that New Delhi will be looking at the following three key factors while negotiating a deal with the Trump administration: New Delhi 'wants to secure the best possible deal for its businesses so that they can get market access in return for lower duties in India,' a source told TOI. The source argued that an agreement would give American companies access to a market of close to 1.5 billion people. The Indian government will also be looking at how tariffs are being reset for other countries to determine its next move forward. The government would seek protection in several segments, such as agriculture and segments like staples are fully on board. The source concluded that while the current negotiation is focusing on goods trade, India's interests in the service sector are not getting addressed at the moment.

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