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Trump to help supply missiles for Ukraine in major policy shift

Trump to help supply missiles for Ukraine in major policy shift

Axios3 days ago
President Trump announced Monday that the U.S. will dramatically increase weapons supplies to European allies, with those countries then sending arms to Ukraine.
The supplies ultimately bound for Ukraine include missiles and air defense weaponry.
Why it matters: This is a seismic policy shift from Trump, who originally refused to side with Ukraine and until very recently insisted he would only supply defensive weapons so as not to escalate the war.
Driving the news: Speaking at the White House alongside NATO Secretary-General Mark Rutte, Trump said the U.S. would send "the best" military equipment in the world to NATO allies, with those countries footing the bill.
Rutte said this would allow Ukraine to obtain "massive supplies" of weapons, including air defense and missiles.
While Trump did not provide details about the weapons systems that will be included, he did mention missiles. Two sources told Axios the plan would include long-range missiles that could strike deep inside Russia.
The big picture: U.S., Ukrainian and European officials hope the weapons will shift the trajectory of the war and change Russian President Vladimir Putin's calculations regarding a ceasefire.
The scheme for European countries to pay for U.S.-made weapons that will be sent to Ukraine was proposed by Ukrainian President Volodymyr Zelensky during the NATO summit two weeks ago.
As Trump grew increasingly frustrated with Russian President Vladimir Putin, particularly after their fruitless July 3 phone call, the idea started to turn into a reality.
What to watch: Trump said he would be imposing "very severe tariffs" if there is no deal with Russia in "about 50 days."
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Japan racks up trade deficit amid threat from Trump's tariffs
Japan racks up trade deficit amid threat from Trump's tariffs

Yahoo

time6 minutes ago

  • Yahoo

Japan racks up trade deficit amid threat from Trump's tariffs

TOKYO (AP) — Japan sank into a trade deficit of 2.2 trillion yen ($15 billion) for the first six month of this year, according to government data released Thursday, as exports were hit by President Donald Trump's tariffs. In June, Japan's exports slipped 0.5% from a year earlier after its shipments of vehicles and other products were slapped with a 25% tariff. President Donald Trump has postponed implementing that higher import duty until Aug. 1, to allow time for negotiations but so far no deal has been reached. Exports in June totaled nearly 9.2 trillion yen ($62 billion), in the second straight month of declines. Imports in June rose 0.2% to 9 trillion yen ($61 billion), the Finance Ministry said. That left a trade surplus of 153 billion yen (just over $1 billion). The trade deficit in May was 637.6 billion yen, or $4.4 billion. Japan's exports to the United States fell 11% in June, with auto exports plunging 25%. Shipments to China decreased by nearly 5%. Exports to Mexico, a major auto assembly hub for North America for Japanese automakers, fell nearly 20%. In the first half of the year, Japan's exports totaled 53.4 trillion yen ($360 billion), up 3.6%, while imports rose 1.3% to 55.6 trillion yen ($375 billion). Japan and the U.S. have been holding trade talks, with Japanese officials stressing that Japan is a key U.S. ally. Trump has focused on rice, a sector traditionally protected from foreign competition for the sake of Japan's food security. Japan imports more than 300,000 tons of rice a year from the U.S., according to various data, although some of that is used for animal feed. Japan will hold an election for the Upper House of Parliament on Sunday. Given falling public support for Prime Minister Shigeru Ishiba's administration, the conservative and pro-business ruling Liberal Democratic Party could lose its majority unless it gains another coalition partner. Japan's economy contracted at an annual rate of 0.7% in the first quarter of this year compared to the previous quarter, partly due to slowing exports. ___ Yuri Kageyama is on Threads:

In their own words: Trump, Patel, Bongino and Bondi on the Epstein scandal
In their own words: Trump, Patel, Bongino and Bondi on the Epstein scandal

Yahoo

time6 minutes ago

  • Yahoo

In their own words: Trump, Patel, Bongino and Bondi on the Epstein scandal

PHOENIX (AP) — When Jeffrey Epstein died in prison, then-President Donald Trump speculated that authorities might be wrong in ruling it a suicide. Many of his allies in the pro-Trump media went further, casting Epstein's death as a murder meant to continue a decades-long coverup of pedophilia by elites. Now back in the White House, Donald Trump has elevated prominent proponents of Epstein conspiracies to senior law enforcement roles, and they're struggling to contain a fire that they spent years stoking. Much of Trump's base is choosing to believe the president's earlier claims about Epstein over his latest contention that there's nothing of substance in government files. Here's a look at how Trump and his aides, including the attorney general and FBI leadership, fanned the flames of the Epstein conspiracy theories over the years, and how they're now trying to extinguish them. In their own words: Trump and Epstein were friends Before Epstein's sexual predation was well-known, he and Trump were friends. Both were New Yorkers with homes in Palm Beach, Florida. Trump knew something about Epstein's 'social life' and interest in women 'on the younger side,' though there's no evidence Trump was aware Epstein was involved in sex trafficking of minors, as prosecutors allege. 'I've known Jeff for 15 years,' Trump told New York Magazine for a 2002 profile of Epstein. 'Terrific guy. He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side.' The friendship later fell apart, according to Trump. He has since distanced himself from Epstein and more recently describes their relationship as far more distant than he portrayed in 2002. 'Well, I knew him like everybody in Palm Beach knew him,' Trump said on July 9, 2019, after Epstein was arrested on sex trafficking charges. 'I mean, people in Palm Beach knew him. He was a fixture in Palm Beach. I had a falling out with him a long time ago. I don't think I've spoken to him for 15 years. I wasn't a fan." Three days later, Trump was asked what led to his falling out with Epstein and whether the financier had been banned from Mar-a-Lago, Trump's Palm Beach home. 'Yes. And I did have a falling out a long time ago. The reason doesn't make any difference, frankly,' Trump said. He said he had 'no idea' Epstein was molesting women. A month later, on Aug. 10, 2019, Epstein was found dead in his New York City jail cell. His death was ruled a suicide. Trump nods toward conspiracy theories The day Epstein was found in his cell, Trump shared a social media post that linked his death to former President Bill Clinton. 'I want a full investigation, and that's what I absolutely am demanding,' Trump told reporters on Aug. 13, 2019. Pressed on whether he really believed Clinton was involved in Epstein's death, Trump responded at length about Clinton traveling on Epstein's private plane. 'Because Epstein had an island that was not a good place, as I understand it,' Trump said. 'And I was never there. So you have to ask: Did Bill Clinton go to the island?' In a 2020 interview with Axios, Trump cast doubt on the New York medical examiner's ruling that Epstein's death was a suicide. He was asked about Ghislaine Maxwell, Epstein's longtime companion. Maxwell had been charged a month earlier with luring teenage girls to be sexually abused by Epstein, and Trump had controversially responded: 'I wish her well.' 'Well, her boyfriend died in jail and people are still trying to figure out how did it happen? Was it suicide? Was he killed? And I do wish her well. I'm not looking for anything bad for her. I'm not looking bad for anybody,' Trump told Axios on Aug. 3, 2020. After Trump left office, Maxwell was convicted in 2021 and sentenced to 20 years in prison. In the years since, Trump has said he's unsure whether Epstein killed himself. In a Fox News interview during his 2024 campaign, Trump hedged when asked whether he'd release the Epstein files. His noncommittal answer came right after he'd agreed without hesitation to declassify files related to the Sept. 11, 2001, attacks and the John F. Kennedy assassination. "I guess I would. I think that, less so, because you don't want to affect people's lives if it's phony stuff in there because it's a lot of phony stuff with that whole world. But I think I would," Trump said on June 2, 2024. Trump allies lean in Trump's unconventional picks to lead the FBI — Director Kash Patel and Deputy Director Dan Bongino — were commentators in Trump's Make America Great Again movement before joining federal law enforcement. In their prior roles, both aggressively promoted theories that Epstein was killed to keep him quiet. In a 2023 appearance on Benny Johnson's podcast, Patel was incensed that House Republicans weren't trying harder to force the release of an alleged list of high-powered Epstein associates — a document the Patel-led FBI now says doesn't exist. 'What the hell are the House Republicans doing? They have the majority. You can't get the list? ... Put on your big boy pants and let us know who the pedophiles are," Patel said in the interview, which Johnson posted to social media on Dec. 19, 2023. As a podcaster, Bongino called the Epstein story 'one of the biggest political scandals of our time' and portrayed it as a wide-ranging conspiracy involving global elites. 'What the hell are they hiding with Jeffrey Epstein?' Bongino asked on his show on May 4, 2023. 'What do Clinton, Obama officials, big money leftists, a former Prime Minister of Israel — why do they want to make this Jeffrey Epstein story go away so bad?' Attorney General Pam Bondi stoked the conspiracy even after taking the helm at the Justice Department. The alleged Epstein client list is "sitting on my desk right now to review,' Bondi said in a February interview on Fox News. She later told reporters, 'There are tens of thousands of videos of Epstein with children or child porn.' Trump and his team try to put the genie back in the bottle Patel, Bongino and Bondi now contradict their earlier selves. The Justice Department this month said Epstein did not maintain a 'client list" of powerful men for whom he trafficked underage girls and said no more files would be released. Patel and Bongino offered assurances that they'd reviewed the evidence and there was no reason to doubt Epstein killed himself. 'I believe he hung himself in a cell in the Metropolitan Detention Center,' Patel testified in a Senate hearing on May 8. Trump himself has been the most aggressive. In a lengthy post Wednesday on Truth Social, he lashed out at his 'PAST supporters' who have believed in Epstein conspiracy theories, calling them 'weaklings' and saying he doesn't 'want their support anymore!' He claimed, without offering evidence, that Democrats concocted the Epstein stories that have animated his base. 'Their new SCAM is what we will forever call the Jeffrey Epstein Hoax,' Trump wrote. In another lengthy post on Saturday, he vouched for Bondi and pressed his supporters to move on. 'What's going on with my 'boys' and, in some cases, 'gals'? They're all going after Attorney General Pam Bondi, who is doing a FANTASTIC JOB!' Trump wrote.

Inside the high-stakes battle to win a New York City casino license
Inside the high-stakes battle to win a New York City casino license

The Hill

time8 minutes ago

  • The Hill

Inside the high-stakes battle to win a New York City casino license

NEW YORK (AP) — A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island's iconic boardwalk. A Hard Rock casino complex next to the home stadium of baseball's New York Mets. Eight projects are bidding for a state license to operate a casino in the lucrative New York City market, each dangling the prospect of generational investment in America's largest metropolitan region. But one — a Bally's casino proposed on a Bronx golf course once run by President Donald Trump's company — may have already run out of luck, after city lawmakers denied it a key approval this week. All of the proposed casinos, in application materials submitted in recent days, promise to create thousands of new jobs, flashy new community amenities in the form of hotels, shops, restaurants and entertainment venues and billions of dollars a year in taxable gambling revenues for the state's coffers. How realistic those promises are, though, is an open question, given the proliferation of casinos in the northeast and the explosion of online gambling in recent years, casino experts say. Gambling industry spending big, but some locals aren't sold The arrival of full-fledged casino resorts in New York City has been years in the making. The gambling industry spent mightily to secure approval from New York voters in a referendum authorizing the licensing of up to seven full casinos with live table games back in 2013. But the state initially allowed upstate venues a head start. The state's Gaming Commission says it hopes to finally award up to three downstate licenses in December. But before then, community advisory committees appointed by lawmakers and local officials will weigh community opinions of each plan. Nearly all the casino proposals face some degree of local push back. On Monday, the New York City Council denied Bally's a needed rezoning change following local resident concerns about the environmental impact of its $4 billion proposal, which also calls for a 500-room hotel and a 2,000-seat event center. Bally's, which bought the former Trump Links course in 2023, had promised to pay Trump another $115 million if it were to secure a casino license, though that was not among the objections voiced by the Democratic majority on the council nor the Republican lawmaker representing the Bronx district. Spokespersons for Bally's declined to comment on the future of the project this week. Not surprisingly, the debate over the proposed Times Square casino has taken center stage, with supporters and opponents recently holding dueling rallies in the Crossroads of the World. Among the prominent groups opposed to the $5.4 billion plan is the Broadway League, a trade group representing America's performing arts theaters. It says a casino would draw patrons away from neighborhood businesses and threaten a theater industry still reeling from the COVID-19 pandemic. The project's backers have countered that the plan, which calls for renovating a skyscraper that currently houses the Minskoff Theatre, home of long-running 'The Lion King' musical, will actually boost demand for Broadway tickets. The developers, which have also enlisted Jay-Z's Roc Nation to curate their entertainment offerings, promise $250 million in community projects, including a public safety plan designed by former NYPD Commissioner Bill Bratton and a multimillion-dollar civil rights museum that helped earn an endorsement from the Rev. Al Sharpton. The two other casinos proposed in Manhattan — one for its West Side and another on its East Side — could face similar headwinds, given their proximity to residential neighborhoods, according to casino experts. But the proposed West Side resort, near the Jacob K. Javits Convention Center and the Lincoln Tunnel to New Jersey, could reel in business travelers and convention attendees, if it can win over locals, said Soojin Ha, a lecturer at Cornell University's business school. Meanwhile in Brooklyn, organizers of the quirky Mermaid Parade are among those leading the charge against a Coney Island casino, arguing the plan would remove large chunks of the boardwalk's iconic amusement rides and block access to the public beach. New York market could support 3 casinos, expert says Since the 2013 referendum, four full casinos have opened in New York, though all of them are located upstate, miles away from Manhattan. The state also has nine gambling halls offering slot machines and other electronic gambling machines but no live table games. Some three hours drive north of Manhattan are the Native American tribe-owned Mohegan Sun and Foxwoods casinos in Connecticut. Two hours south are the New Jersey shore casinos of Atlantic City, and less than two hours due west in Pennsylvania is the tribe-owned Wind Creek Casino at the former site of Bethlehem Steel. Despite the competition from seemingly all corners, New York City's dense market could sustain three gambling halls, depending on where they're located, suggests John Holden, a business professor at Indiana University who specializes in gambling law. 'We typically see fairly rosy revenue projections put out by the gaming industry, but the New York City market is really without comparison,' he said. The state could hedge its bets by awarding two of the three licenses to proven winners: the racinos — slot parlors built alongside horse racing tracks — that have been successfully operating for years in the New York City area, said Alan Woinski, a New Jersey-based gambling consultant. MGM Resorts is proposing a $2.3 billion expansion of the Empire City Casino at Yonkers Raceway. Resorts World, owned by Malaysian casino giant Genting, is proposing a $5.5 billion investment to its gaming facility at the Aqueduct Racetrack in Queens. Those expansions, Woinski noted, could be rolled out in a matter of months, meaning the state wouldn't have to wait years for the construction of a wholly new site to start reaping the financial windfall.

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