Trump's 35% Tariff Threat Feeds Japan's Worst-Case Scenario Fear
Japan should be forced to 'pay 30%, 35% or whatever the number is that we determine, because we also have a very big trade deficit with Japan,' Trump said, again flagging the possibility that across-the-board tariffs could go much higher than the 24% initially penciled in for July 9. 'I'm not sure we're going to make a deal. I doubt it with Japan, they're very tough. You have to understand, they're very spoiled.'
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CNN
15 minutes ago
- CNN
Death toll from Texas floods rises to 24 as search underway for more than 20 girls unaccounted for
Update: Date: 33 min ago Title: Trump calls Texas flooding "terrible" and promises federal aid Content: President Donald Trump called the central Texas flooding 'terrible' and pledged federal support in the aftermath. 'It's terrible. The floods? It's shocking. They don't know the answer yet as to how many people, but it looks like some young people have died,' Trump told reporters aboard Air Force One as he traveled to his New Jersey golf club. Asked if there will be federal aid, he responded, 'Oh yeah, we'll take care of them. We're working with the governor. We're working with the governor. It's a terrible thing.' At least 24 people have died in Kerr County, Texas, after severe flooding inundated the area, according to County Sheriff Larry Leitha. Update: Date: 32 min ago Title: More than 20 campers unaccounted for, more than 200 people rescued across Kerr County, officials say Content: Between 23 and 25 people at Camp Mystic in Kerr County, Texas, are still unaccounted for following severe flooding in the region, authorities said Friday night. Early Friday morning, about 107 game wardens and an aviation group tried to access the camp, according to officials. Shortly after midday, they were able to enter the camp and start rescuing children. Authorities were in contact with about 18 camps along the Guadalupe River and said Camp Mystic was the only camp with people still unaccounted for as of Friday evening. 'The far majority of those camps have their campers and have already contacted their families and working to reunite those families together,' Nim Kidd, chief of the Texas Division of Emergency Management, said at a news conference Friday. 'We are focused on the ones that cannot help themselves right now, and that is our primary area of concern.' More than 200 people have been rescued across Kerr County, and emergency response efforts are still underway. 'As of a few hours ago, we had rescued or evacuated 237 people and 167 of those were by helicopter,' Major General Thomas M. Suelzer said at a news conference Friday night. 'So we are having a very good helicopter response when the weather allows.' On Saturday, personnel will be sent to help manage evacuee shelters with tracking efforts to help confirm those located to date, he added. Suelzer said three additional helicopters are also on the way to help support the community. Update: Date: 32 min ago Title: Texas Gov. Greg Abbott issues disaster declaration following deadly flooding Content: Texas Gov. Greg Abbott said Friday he has issued a disaster declaration after severe flooding left at least 24 dead and more than 20 missing in the state. The declaration was issued for several of the hardest hit counties in central Texas: Bandera, Comal, Concho, Gillespie, Kendall, Kerr, Kimball, Llano, Mason, McCullough, Menard, Reeves, San Saba and Tom Green. It will ensure the counties 'are going to have access to every tool, strategy, personnel that the state of Texas can provide to them, which will be limitless,' he said. 'We'll put in everything we have in the entire state,' Abbott said.
CNN
36 minutes ago
- CNN
Death toll from Texas floods rises to 24 as search underway for more than 20 girls unaccounted for
Update: Date: 12 min ago Title: Trump calls Texas flooding "terrible" and promises federal aid Content: President Donald Trump called the central Texas flooding 'terrible' and pledged federal support in the aftermath. 'It's terrible. The floods? It's shocking. They don't know the answer yet as to how many people, but it looks like some young people have died,' Trump told reporters aboard Air Force One as he traveled to his New Jersey golf club. Asked if there will be federal aid, he responded, 'Oh yeah, we'll take care of them. We're working with the governor. We're working with the governor. It's a terrible thing.' At least 24 people have died in Kerr County, Texas, after severe flooding inundated the area, according to County Sheriff Larry Leitha. Update: Date: 12 min ago Title: More than 20 campers unaccounted for, more than 200 people rescued across Kerr County, officials say Content: Between 23 and 25 people at Camp Mystic in Kerr County, Texas, are still unaccounted for following severe flooding in the region, authorities said Friday night. Early Friday morning, about 107 game wardens and an aviation group tried to access the camp, according to officials. Shortly after midday, they were able to enter the camp and start rescuing children. Authorities were in contact with about 18 camps along the Guadalupe River and said Camp Mystic was the only camp with people still unaccounted for as of Friday evening. 'The far majority of those camps have their campers and have already contacted their families and working to reunite those families together,' Nim Kidd, chief of the Texas Division of Emergency Management, said at a news conference Friday. 'We are focused on the ones that cannot help themselves right now, and that is our primary area of concern.' More than 200 people have been rescued across Kerr County, and emergency response efforts are still underway. 'As of a few hours ago, we had rescued or evacuated 237 people and 167 of those were by helicopter,' Major General Thomas M. Suelzer said at a news conference Friday night. 'So we are having a very good helicopter response when the weather allows.' On Saturday, personnel will be sent to help manage evacuee shelters with tracking efforts to help confirm those located to date, he added. Suelzer said three additional helicopters are also on the way to help support the community. Update: Date: 12 min ago Title: Texas Gov. Greg Abbott issues disaster declaration following deadly flooding Content: Texas Gov. Greg Abbott said Friday he has issued a disaster declaration after severe flooding left at least 24 dead and more than 20 missing in the state. The declaration was issued for several of the hardest hit counties in central Texas: Bandera, Comal, Concho, Gillespie, Kendall, Kerr, Kimball, Llano, Mason, McCullough, Menard, Reeves, San Saba and Tom Green. It will ensure the counties 'are going to have access to every tool, strategy, personnel that the state of Texas can provide to them, which will be limitless,' he said. 'We'll put in everything we have in the entire state,' Abbott said.
Yahoo
an hour ago
- Yahoo
Tariff letters to 12 countries going out Monday: Trump
US President Donald Trump has signed letters to 12 countries outlining the various tariff levels they will face on goods they export to the United States, with the "take it or leave it" offers to be sent out on Monday. Trump, speaking to reporters aboard Air Force One as he travelled to New Jersey, declined to name the countries involved, saying that would be made public on Monday. Trump had earlier on Thursday told reporters that he expected a first batch of letters to go out on Friday, a national holiday in the United States, though the date had shifted. In a global trade war that has upended financial markets and set off a scramble among policymakers to guard their economies, Trump in April announced a 10 per cent base tariff rate and additional amounts for most countries, some ranging as high as 50 per cent. However, all but the 10 per cent base rate were subsequently suspended for 90 days to allow more time for negotiations to secure deals. That period ends on July 9, although Trump early on Friday said the tariffs could be even higher - ranging up to 70 per cent - with most set to go into effect August 1. "I signed some letters and they'll go out on Monday, probably 12," Trump said, when asked about his plans on the tariff front. "Different amounts of money, different amounts of tariffs." Trump and his top aides initially said they would launch negotiations with scores of countries on tariff rates, but the US president has soured on that process after repeated setbacks with major trading partners, including Japan and the European Union. He touched on that briefly late on Friday, telling reporters: "The letters are better ... much easier to send a letter." He did not address his prediction that some broader trade agreements could be reached before the July 9 deadline. The shift in the White House's strategy reflects the challenges of completing trade agreements on everything from tariffs to non-tariff barriers such as bans on agricultural imports, and especially on an accelerated timeline. Most past trade agreements have taken years of negotiations to complete. The only trade agreements reached to date are with Britain, which reached a deal in May to keep a 10 per cent rate and won preferential treatment for some sectors including autos and aircraft engines, and with Vietnam, cutting tariffs on many Vietnamese goods to 20 per cent from his previously threatened 46 per cent. Many US products would be allowed to enter Vietnam duty-free. A deal expected with India has failed to materialise, and EU diplomats on Friday said they have failed to achieve a breakthrough in trade negotiations with the Trump administration, and may now seek to extend the status quo to avoid tariff hikes. Sign in to access your portfolio
