Federal government is ‘really big deal' in rural, red areas
Politics
Federal government is 'really big deal' in rural, red areas
February 24, 2025 | 8:36 PM GMT
Emily Davies joins the Sidebar panel to break down the significance of the federal workers layoffs, especially on those residing in rural, red areas.
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Yahoo
an hour ago
- Yahoo
Los Angeles police impose curfew in downtown area for second day
A night-time curfew in a portion of protest-hit downtown Los Angeles will remain in effect for at least one more night, the Los Angeles Police Department announced on Wednesday. The curfew will run from 8 pm Wednesday to 6 am Thursday (0300 GMT to 1300 GMT Thursday). Mayor Karen Bass first imposed the measure on Tuesday and has indicated it could remain in place for several days. She said it was to stop vandalism and looting during protests against the expanding raids by federal agents on undocumented immigrants. Bass has stressed that the curfew area is tiny - amounting to less than 3 square kilometres in a city that spans some 1,300 square kilometres. Further protests against US President Donald Trump's immigration policies took place overnight in Los Angeles, remaining largely peaceful. Demonstrations of various sizes have also popped up in a slew of other places, including New York and Philadelphia. Dozens of protesters were arrested in the two East Coast cities on Tuesday night, with more rallies planned in the coming days. Los Angeles has seen days of demonstrations opposing Trump's hardline stance on migrants and recent deportation raids. In response, Trump mobilized 4,000 National Guard troops and 700 marines for deployment in Los Angeles, despite opposition from California Governor Gavin Newsom and LA Mayor Bass. The soldiers are arriving gradually; according to media reports, no marines have yet been seen in downtown LA. City leaders say Trump's moves are out of proportion to the protests and only inflaming tensions.
USA Today
13 hours ago
- USA Today
US, China reach deal to ease export curbs, keep tariff truce alive
US, China reach deal to ease export curbs, keep tariff truce alive Show Caption Hide Caption Commerce Secretary Lutnick optimistic about US-China trade talks As delegations from the US and China begin a second day of trade talks, US Commerce Secretary Howard Lutnick said things are "going well." Bloomberg LONDON, June 10 (Reuters) - U.S. and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions. At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels. But the Geneva deal had faltered over China's continued curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, aircraft and other goods to China. Lutnick said the agreement reached in London would remove restrictions on Chinese exports of rare earth minerals and magnets and some of the recent U.S. export restrictions "in a balanced way", but did not provide details after the talks concluded around midnight London time (2300 GMT). "We have reached a framework to implement the Geneva consensus and the call between the two presidents," Lutnick said, adding that both sides will now return to present the framework to their respective presidents for approvals. "And if that is approved, we will then implement the framework," he said. More: US stocks end up, awaiting China-US trade talk news. S&P 500 scores third straight gain In a separate briefing, China's Vice Commerce Minister Li Chenggang also said a trade framework had been reached in principle that would be taken back to U.S. and Chinese leaders. U.S. President Donald Trump's shifting tariff policies have roiled global markets, sparked congestion and confusion in major ports, and cost companies tens of billions of dollars in lost sales and higher costs. The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying higher tariffs and heightened uncertainty posed a "significant headwind" for nearly all economies. The deal may keep the Geneva agreement from unravelling over duelling export controls, but does little to resolve deep differences over Trump's unilateral tariffs and longstanding U.S. complaints about China's state-led, export-driven economic model. The two sides left Geneva with fundamentally different views of the terms of that agreement and needed to be more specific on required actions, said Josh Lipsky, senior director of the Atlantic Council's GeoEconomics Center in Washington. "They are back to square one but that's much better than square zero," Lipsky added. The two sides have until August 10 to negotiate a more comprehensive agreement to ease trade tensions, or tariff rates will snap back from about 30% to 145% on the U.S. side and from 10% to 125% on the Chinese side. MARKETS CAUTIOUS Global stocks have recovered their hefty losses after Trump's April "Liberation Day" tariff announcement and are now near record highs. Investors burned by earlier turmoil offered a cautious response to the deal and MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.57%. "The devil will be in the details, but the lack of reaction suggests this outcome was fully expected," said Chris Weston, head of research at Pepperstone in Melbourne. "The details matter, especially around the degree of rare earths bound for the U.S., and the subsequent freedom for U.S.-produced chips to head east, but for now as long as the headlines of talks between the two parties remain constructive, risk assets should remain supported." More: Trump and China's Xi break the ice with first phone call since launch of trade war Signs of the curbs loosening surfaced in China, as several Shenzhen-listed rare earth magnet firms, including JL MAG Innuovo Technology and Beijing Zhong Ke San Huan said they have obtained export licenses from Chinese authorities. China holds a near-monopoly on rare earth magnets, a crucial component in electric vehicle motors, and its decision in April to suspend exports of a wide range of critical minerals and magnets upended global supply chains. In May, the U.S. responded by halting shipments of semiconductor design software and chemicals and aviation equipment, revoking export licences that had been previously issued. CHINA EXPORTS PLUNGED A resolution to the trade war may require policy adjustments from all countries to treat financial imbalances or otherwise greatly risk mutual economic damage, European Central Bank President Christine Lagarde said on a rare visit to Beijing on Wednesday. Customs data published on Monday showed that China's overall exports to the U.S. plunged 34.5% in May, the sharpest drop since the outbreak of the COVID pandemic. While the impact on U.S. inflation and its jobs market has so far been muted, tariffs have hammered U.S. business and household confidence and the dollar remains under pressure. Beijing-based lawyer Peter Wu, 28, saw the talks as "a good signal" even if details were not fully negotiated. "I feel that fighting a trade war in the context of global integration is a lose-lose situation for both sides. I naturally hope that my motherland will be better," he said. China, Mexico, the European Union, Japan, Canada and many airlines and aerospace companies worldwide urged the Trump administration not to impose new national security tariffs on imported commercial planes and parts, according to documents released Tuesday. Just after the framework deal was announced, a U.S. appeals court allowed Trump's most sweeping tariffs to stay in effect while it reviews a lower court decision blocking them on grounds that they exceeded Trump's legal authority by imposing them. The decision keeps alive a key pressure point on China, Trump's currently suspended 34% "reciprocal" duties that had prompted swift tariff escalation. (Additional reporting by David Milliken and William James in London and Sachin Ravikumar; Ethan Wang, Shi Bu, Yuhan Lin and Alessandro Diviggiano in Beijing; Writing by David Lawder, Kate Holton and Liz Lee; Editing by David Evans, Mark Potter, Nick Zieminski and Lincoln Feast.)
Yahoo
18 hours ago
- Yahoo
Trump vows to 'liberate' Los Angeles as mayor imposes curfew
The mayor of Los Angeles has imposed a night-time curfew for part of downtown as a fifth day of clashes over President Donald Trump's immigration raids erupted in America's second-biggest city. Karen Bass said she was declaring an emergency as businesses were being vandalised and looted. Nearly 200 people were arrested in the city on Tuesday. Trump defended his decision to deploy 4,000 National Guard troops and 700 Marines to LA, vowing to "liberate" the city and prevent it being "conquered by a foreign enemy". The immigration raids that triggered the protests last Friday are continuing with National Guard troops now protecting border control agents on enforcement operations. Chaotic protests also sprung up on Tuesday night in cities around the country, from Seattle to Chicago: Texas Governor Greg Abbott sent National Guard troops to San Antonio, where immigration rallies are being planned In Atlanta, Georgia, riot police used tear gas on protesters who fired fireworks towards officers at a demonstration attended by hundreds NYPD told the BBC "multiple" arrests were made after some protesters failed to disperse after several thousand marched into lower Manhattan LA's mayor told reporters earlier: "I have declared a local emergency and issued a curfew for downtown Los Angeles to stop the vandalism, to stop the looting." The order affects one-square-mile of LA where the protests have been concentrated and will be in effect beginning on Tuesday night from 20:00 PST (04:00 GMT) until Wednesday morning at 06:00 PST. Live updates from the protests Los Angeles police responding to the protests made 197 arrests on Tuesday, up from 114 on Monday, 40 on Sunday and 27 on Saturday, Bass told Tuesday's press conference. The mayor said 23 businesses had been looted on Monday night, though she did not provide an estimate of financial losses to the city from all the at-times violent disorder. "We reached a tipping point," she said of her decision to impose a curfew. The unrest has been restricted to pockets of the sprawling city. For much of Los Angeles it was a normal Tuesday as tens of thousands of children went to school, commuter traffic choked the streets and tourists strolled Hollywood Boulevard. LA police chief Jim McDonnell said the curfew was "not about silencing voices", but was a necessary measure to save lives and safeguard property. Bass also said Immigration and Customs Enforcement (ICE) had provoked the unrest by conducting raids on Latino areas in the city in recent days. "If [the raids are] going to go on for 30 days, and that's what the rumour is, and, if we want to see our city peaceful again, I will call upon the administration one more time to end the raids," she said. On Tuesday, National Guard troops, who were previously guarding federal buildings, began assisting ICE agents with their "daily enforcement operations", a spokesperson for the agency told the BBC. Marines were guarding federal officials and property on Tuesday, Marines Corps General Eric Smith said. They do not have arrest authority. Everything we know about the demonstrations Trump's deportation drive is perfect storm in city of immigrants Could Trump invoke the Insurrection Act? The military deployment to the LA area will cost $134m (£99m), the Pentagon said. Addressing troops at Fort Bragg in North Carolina, Trump described the protests as a "full-blown assault on peace and public order". The Republican president said he plans to use "every asset at our disposal to quell the violence and restore order right away". In televised remarks on Tuesday night, California's Governor Gavin Newsom hit back at Trump's unusual deployment of the military for a domestic law-enforcement matter. "This brazen abuse of power by a sitting president inflamed a combustible situation, putting our people, our officers, and even our National Guard, at risk," he says. Earlier in the day a federal court denied an emergency request from California to block the use of troops sent to Los Angeles. District Judge Charles Breyer scheduled a hearing on the motion for Thursday.
