World leaders have just hours to negotiate new US trade deal
The Trump administration has reportedly asked other countries to submit their best offers for new trade deals by Wednesday, aiming to meet its own self-imposed negotiating deadline.
This push comes as the 90-day tariff pause, initiated after Trump 's initial tariff announcement in April, is set to expire on July 9.
A draft letter from the United States Trade Representative asks negotiating partners for proposals on tariffs, non-tariff trade barriers, digital trade commitments, and quotas for U.S. goods.
The letter warns against waiting for courts to strike down Trump 's tariffs, stating his intent to continue the program through any legal means.
Trump faces a dilemma: reimposing tariffs could disrupt markets, while extending the deadline might reinforce the perception that " Trump Always Chickens Out."
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Glasgow Times
26 minutes ago
- Glasgow Times
Trump announces travel ban and restrictions on 19 countries
The ban takes effect Monday at 12.01am, a cushion that may avoid the chaos that unfolded at airports nationwide when a similar measure took effect with virtually no notice in 2017. Mr Trump, who signalled plans for a new ban upon taking office in January, appears to be on firmer ground this time after the Supreme Court sided with him. Afghanistan Myanmar Chad Republic of Congo Equatorial Guinea Eritrea Haiti Iran Libya Somalia Sudan Yemen Some, but not all, of 12 countries also appeared on the list of banned countries in Mr Trump's first term. The new ban includes Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. There will be heightened restrictions on visitors from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela. In a video released on social media, Mr Trump tied the new ban to Sunday's terror attack in Boulder, Colorado, saying it underscored the dangers posed by some visitors who overstay visas. Burundi Cuba Laos Sierra Leone Togo Turkmenistan Venezuela The suspect in the attack is from Egypt, a country that is not on Mr Trump's restricted list. The Department of Homeland Security says he overstayed a tourist visa. Mr Trump said some countries had 'deficient' screening and vetting or have historically refused to take back their own citizens. His findings rely extensively on an annual Homeland Security report of visa overstays of tourists, business visitors and students who arrive by air and sea, singling out countries with high percentages of remaining after their visas expired. 'We don't want them,' Mr Trump said. The inclusion of Afghanistan angered some supporters who have worked to resettle its people. The ban makes exceptions for Afghans on Special Immigrant Visas, generally people who worked most closely with the US government during the two-decade war there. Afghanistan was also one of the largest sources of resettled refugees, with about 14,000 arrivals in a 12-month period through September 2024. Mr Trump suspended refugee resettlement on his first day in office. 'To include Afghanistan – a nation whose people stood alongside American service members for 20 years – is a moral disgrace. It spits in the face of our allies, our veterans, and every value we claim to uphold,' said Shawn VanDiver, president and board chairman of #AfghanEvac. Mr Trump wrote that Afghanistan 'lacks a competent or co-operative central authority for issuing passports or civil documents and it does not have appropriate screening and vetting measures'. He also cited its visa overstay rates. Haiti, which avoided the travel ban during Mr Trump's first term, was also included for high overstay rates and large numbers who came to the US illegally. Haitians continue to flee poverty, hunger and political instability deepens while police and a UN-backed mission fight a surge in gang violence, with armed men controlling at least 85% of its capital, Port-au-Prince. 'Haiti lacks a central authority with sufficient availability and dissemination of law enforcement information necessary to ensure its nationals do not undermine the national security of the United States,' Mr Trump wrote. The Iranian government offered no immediate reaction to being included. The Trump administration called it a 'state sponsor of terrorism', barring visitors except for those already holding visas or coming into the US on special visas America issues for minorities facing persecution. 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During his first term, Mr Trump issued an executive order in January 2017 banning travel to the US by citizens of seven predominantly Muslim countries — Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen. It was one of the most chaotic and confusing moments of his young presidency. Travellers from those nations were either barred from getting on their flights to the US or detained at US airports after they landed. They included students as well as businesspeople, tourists and people visiting friends and family. The order, often referred to as the 'Muslim ban' or the 'travel ban', was retooled amid legal challenges, until a version was upheld by the Supreme Court in 2018. The ban affected various categories of travellers and immigrants from Iran, Somalia, Yemen, Syria and Libya, plus North Koreans and some Venezuelan government officials and their families. Mr Trump and others have defended the initial ban on national security grounds, arguing it was aimed at protecting the country and not founded on anti-Muslim bias. However, the president had called for an explicit ban on Muslims during his first campaign for the White House.
Geeky Gadgets
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9 Practical Tips to Master Microsoft 365 Copilot for Smarter Workflows
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Telegraph
30 minutes ago
- Telegraph
UK fintech champion to ditch main listing in London for US
The £1bn fintech champion Wise is to abandon its primary listing in Britain for the US, dealing a blow to London's beleaguered stock market. Wise told investors on Thursday that it would move its main listing to the US, claiming it would help the company grow faster and attract more investment. It will be seen as a snub to the London Stock Exchange (LSE), which has been battling an exodus of companies amid concerns over poor liquidity and excess governance. Kristo Käärmann, Wise's chief executive said: 'We believe the addition of a primary US listing would help us accelerate our mission and bring substantial strategic and capital market benefits to Wise and our owners'. He claimed the US was 'the biggest market opportunity in the world for our products.' The international payments firm debuted on the LSE in 2021. Its shares have risen by around 20pc since then. It said retail and institutional investors in the US were currently unable to buy shares and said the move would allow current shareholders 'greater flexibility' – as well as potentially allowing it to be included in American indices.
