LIVE: Trump says Israel agrees to finalise 60-day ceasefire in Gaza
Israeli forces have killed 98 Palestinians across Gaza, including 28 who were gunned down while waiting for food parcels at the US and Israeli-backed Gaza Humanitarian Foundation (GHF) sites.
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Al Jazeera
4 hours ago
- Al Jazeera
Live: Hamas seeks ceasefire guarantees as Israel intensifies Gaza attacks
US President Donald Trump says he wants 'safety' for people in Gaza, as he prepares to host Israeli Prime Minister Benjamin Netanyahu next week to push for a ceasefire. Hamas is seeking guarantees that a new US-backed ceasefire proposal for Gaza would lead to the war's end, a source close to the group said, as medics said Israeli strikes across the territory had killed dozens more people.
Qatar Tribune
9 hours ago
- Qatar Tribune
UN conference reaffirms fight against poverty
MadridcTypeface:> The global community has agreed on intensified efforts in combating poverty, in open contradiction to the position of US President Donald Trump. The US government is sceptical of multilateral cooperation and the UN's sustainable development goals. Consequently, the United States did not endorse the 'Seville Commitment,' which was adopted by 192 countries at the 4th International Conference on Financing for Development in the southern Spanish metropolis on Thursday. After the start of his second term, Trump had US aid cut by around 80%, which accounts for about a quarter of all global development aid. According to estimates by the United Nations, the funding gap has now grown to at least $4 trillion annually. This gap was not nearly closed at the conference in Seville, but according to financial expert Bodo Ellmers from the non-governmental organization Global Policy Forum Europe, this was not the primary goal. Instead, he said that structural reforms in areas such as tax cooperation, debt crisis management, or reform of international financial institutions should be agreed upon. Currently, 3.4 billion people live in countries that have to spend more on interest payments than what remains for education and health. This reform project was 'only moderately successful' in Seville, Ellmers criticized, saying there are hardly any concrete measures or specific quantitative or time targets included. Whether the funding gap will continue to grow depends on the concrete implementation of the agreements. German Development Minister Reem Alabali-Radovan nevertheless praised the agreement as a 'powerful boost for a fairer world.' 'Despite the difficult global situation, conflicts, and nationalist tendencies, almost all states are pulling together here,' she stressed. (DPA)
Qatar Tribune
9 hours ago
- Qatar Tribune
Vietnam strikes US tariff deal, but risks Beijing backlash
Agencies Vietnam's newly announced trade deal with the U.S. averts the most punishing of President Donald Trump's 'reciprocal' levies, but analysts warned it could lead to a fresh standoff between Washington and Beijing. The Southeast Asian nation has the third-biggest trade surplus with the U.S. of any country after China and Mexico, and was targeted with one of the highest rates in the U.S. president's 'Liberation Day' tariff blitz on April 2. The deal announced Wednesday is the first full pact Trump has sealed with an Asian nation, and analysts say it may give a glimpse of the template Washington will use with other countries still scrambling for accords. The 46% tariff rate, which was due to take effect next week, has been averted, with Vietnam set to face a minimum 20% levy in return for opening its market to U.S. products, including cars. But a 40% tariff will hit goods passing through the country to circumvent steeper trade barriers – a practice called 'transshipping.' Washington has accused Hanoi of relabeling Chinese goods to skirt its tariffs, but raw materials from the world's number two economy are the lifeblood of Vietnam's manufacturing industries. 'From a global perspective, perhaps the most interesting point is that this deal again seems in large part to be about China,' said Capital Economics. It said the terms on transshipment 'will be seen as a provocation in Beijing, particularly if similar conditions are included in any other deals agreed over the coming days.' Shares in clothing companies and sports equipment manufacturers – which have a large footprint in Vietnam – rose on news of the deal in New York. But they later declined sharply as details were released. 'This is a much better outcome than a flat 46% tariff, but I wouldn't celebrate just yet,' said Hanoi-based Dan Martin of Asian business advisory firm Dezan Shira & Associates. 'Everything now depends on how the U.S. decides to interpret and enforce the idea of transshipment,' he added. 'If the U.S. takes a broader view and starts questioning products that use foreign parts, even when value is genuinely added in Vietnam, it could end up affecting a lot of companies that are playing by the rules.' Vietnam's government said in a statement late on Wednesday that under the deal, the country had promised 'preferential market access for U.S. goods, including large-engine cars.' But the statement gave scant detail about the transshipment arrangements in the deal, which Trump announced on his Truth Social platform. Bloomberg Economics forecast Vietnam could lose a quarter of its exports to the U.S. in the medium term, endangering more than 2% of its gross domestic product (GDP) as a result of the agreement. Uncertainty over how transshipping will be 'defined or enforced' is likely to have diplomatic repercussions, said Bloomberg Economics expert Rana Sajedi. 'The looming question now is how China will respond,' she said. 'Beijing has made clear that it would respond to deals that came at the expense of Chinese interests.' And on Thursday, China warned against trade deals that 'hurt third parties.' 'China has always advocated that all parties resolve economic and trade differences through equal dialogue and consultation,' Foreign Ministry spokesperson Mao Ning said. 'At the same time, relevant negotiations and agreements should not target or harm the interests of third parties,' she said. The U.S. deal with Vietnam comes less than a week before Trump's self-imposed July 9 deadline for steeper tariffs on U.S. trade partners to take effect if agreements are not reached. Trump's trade adviser Peter Navarro has called Vietnam a 'colony of China,' saying that one-third of Vietnamese products are, in fact, relabeled Chinese goods. Beijing's commerce ministry said on Thursday it had 'always firmly opposed' U.S. tariffs. 'China's position is consistent,' He Yongqian, spokesperson for China's Ministry of Commerce, told a briefing. 'We are happy to see all parties resolve economic and trade differences with the United States through equal consultations, but we firmly oppose any party reaching a deal at the expense of China's interests,' she said.
