
Flag burners should face 1 year jail, Newsom could be charged: Trump
US President Donald Trump has called for a mandatory one-year prison sentence for anyone caught burning the American flag and suggested that California Governor Gavin Newsom could 'in theory' face criminal charges for his response to the chaos.In the debut episode of the Pod Force One podcast with New York Post columnist Miranda Devine, Trump lashed out at demonstrators and California's leadership, painting a stark picture of lawlessness and failed governance.advertisement'I happen to think if you burn an American flag — because they were burning a lot of flags in Los Angeles — I think you go to jail for one year,' Trump said. 'Just automatic.'
Trump also criticized Newsom's response to the protests and immigration enforcement clashes, hinting that 'in theory,' the Democratic governor could be prosecuted for failing to uphold his responsibilities. 'It's almost like a dissipation of duty,' Trump said. 'Nobody's ever seen anything like that,' Trump said.Trump recounted a late-night phone call with Newsom as violence flared across Los Angeles. 'I said, 'You know, your city's burning down. Your state is in bad trouble' He said it was a set-up,' Trump recalled, adding, 'All I want him to do is a good job.'Trump and Newsom have been feuding over the immigration raids and protests, with the president and his border czar, Tom Holman, trading taunts with the governor about the possibility of arresting Newsom if he interfered with federal immigration enforcement efforts.advertisement'I would do it if I were Tom. I think it's great,' Trump said.It appears to be the first time in decades that a state's National Guard was activated without a request from its governor. Trump said in a social media post that the city would have been 'completely obliterated' if he hadn't sent Guard members to the city over the weekend.Mayor Karen Bass pinned the unrest at some of the LA protests squarely on the Trump administration, saying Tuesday that 'nothing going on here warranted the federal intervention.' She also said she was mystified about why the Marines were sent. The protests were sparked by Trump's immigration crackdown in the area. They started Friday in downtown Los Angeles before spreading to Paramount and neighboring Compton on Saturday.Tune InMust Watch

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
25 minutes ago
- News18
Sensex Tanks 950 Points, Nifty Below 25,000; Key Reasons Why Market Is Down Today
Last Updated: Indian equity markets witnessed a sharp sell-off across segments on Thursday; Know key reasons behind the crash Stock Market Crash: Indian equity markets witnessed a sharp sell-off across segments on Thursday, June 12, as weak global cues and profit-booking triggered a broad-based decline. Benchmark indices — the Sensex and Nifty 50 — fell nearly 1%, while broader markets followed suit with mid- and small-cap indices sliding over 1% each. The BSE Sensex opened marginally higher at 82,571.67 but soon turned negative, plunging as much as 853 points to hit an intraday low of 81,661.68. It eventually closed deep in the red. Similarly, the Nifty 50, which opened at 25,164.45, slipped below the key 24,900 mark during the session, touching a low of 24,871. The sharp fall wiped off substantial investor wealth. The total market capitalisation of BSE-listed companies dropped to around Rs 451 lakh crore, compared to ₹456 lakh crore in the previous session — a loss of nearly Rs 5 lakh crore in a single trading day. Why is the Indian Stock Market Falling on June 12? 1. Escalating Geopolitical Tensions Global markets, including India, were rattled by renewed geopolitical tensions in the Middle East. Asian and European indices fell sharply amid rising fears of a conflict between the US and Iran. According to reports by The Times of Israel, the US is evacuating non-essential personnel from the Middle East due to heightened regional tensions and the deteriorating status of nuclear negotiations with Iran. There is growing speculation that Israeli forces may strike Iran's nuclear facilities, adding to investor nervousness. Meanwhile, US President Donald Trump has reiterated his stance against allowing Iran to acquire nuclear weapons. The much-anticipated trade deal between the United States and China has failed to lift market sentiment, as investors were expecting a more comprehensive and conclusive agreement. On Wednesday, former US President Donald Trump claimed that China would supply the US with rare-earth minerals and magnets, while the US would continue to welcome Chinese students into its universities. However, the final terms of the deal still await approval from both Trump and Chinese President Xi Jinping. 'Our deal with China is done, subject to final approval with President Xi and me," Trump wrote on Truth Social. 'We are getting a total of 55% tariffs, and China is getting 10%… The relationship is excellent!" Despite this optimistic tone, market experts remain skeptical. 'There are reports of a possible agreement between the US and China. But the Chinese haven't officially confirmed anything," said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. 'Trump is talking about a 55 percent tariff on China and a 10 percent tariff on the US. Given his track record, it's too early to view this as a positive for markets." 3. Global Markets Weaken Amid Risk-Off Mood Global equities extended losses on Thursday, adding pressure to Indian markets as investors grappled with a combination of tepid U.S. inflation data, ongoing trade concerns, and heightened geopolitical tensions. European markets were poised for a subdued start, with futures on Germany's DAX and the UK's FTSE 100 down 0.8% and 0.4%, respectively. U.S. equity futures also indicated a flat-to-negative open, reflecting caution on Wall Street. Across Asia, MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, retreating from a three-year high recorded a day earlier. Japan's Nikkei 225 declined 0.5%, while key indices in China and Hong Kong also pulled back, reversing recent gains. 4. Dollar Slides as Fed Rate Cut Bets Rise The U.S. dollar weakened to its lowest level in nearly two months, amid rising expectations that the Federal Reserve could initiate rate cuts later this year. The dollar index, which tracks the greenback against a basket of major currencies, slipped to 98.246—its weakest since April 22—and was last seen at 98.419, down 0.04%. So far in 2025, the index has lost 10%. The retreat in the dollar followed softer-than-expected U.S. inflation data and lingering doubts over the durability of the recent U.S.-China trade framework. Combined with elevated geopolitical risks, this has prompted investors to scale back exposure to the dollar. According to Reuters, traders are now pricing in two 25-basis-point rate cuts by the end of 2025, and potentially up to 100 basis points by September 2026. 5. Oil Price Volatility Adds to Market Jitters Crude oil prices slipped on Thursday, following a sharp rally in the previous session driven by escalating tensions in the Middle East ahead of planned U.S.-Iran negotiations. Brent crude declined 0.7% to $69.28 per barrel after surging over 4% on Wednesday to hit a two-month high. top videos View all 'The spike in Brent crude to $70 on heightened security risks is a clear negative for oil-importing countries like India," noted Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. 'Industries such as paints, tyres, aviation, and adhesives may come under pressure, while upstream oil producers stand to benefit." Shares of ONGC and Oil India gained up to 5% on improved realisation expectations, whereas oil marketing companies such as IOC, BPCL, and HPCL fell between 2% and 4.5% on margin concerns. Aviation and tyre stocks also saw declines due to rising input cost pressures, with MRF, CEAT, and IndiGo among the key losers. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : Nifty sensex Location : New Delhi, India, India First Published: June 12, 2025, 14:21 IST News business » markets Sensex Tanks 950 Points, Nifty Below 25,000; Key Reasons Why Market Is Down Today


News18
25 minutes ago
- News18
Hans Zimmer Brings In Reference Of Mahatma Gandhi To Fight Trump's ICE Raids: 'Demonstrate Non-Violence'
Zimmer in an Instagram post brought in the reference of Mahatma Gandhi and urged the protestors to demonstrate non-violence and peaceful protest. Hans Zimmer, a two-time Oscar-winning composer, on Thursday accused US President Donald Trump of planting violent protesters in peaceful protests to escalate the situation. Zimmer in an Instagram post brought in the reference of Mahatma Gandhi, one of the greatest apostle of peace in the world, and urged the protestors to demonstrate non-violence and peaceful protest despite the President trying to hamper the situation. Taking to Instagram, the German film composer wrote, 'I fear the Trump administration will plant violent protesters among our peaceful protests. They will use this as an excuse to use force against us." He further elaborated on what protestors can do to continue with their peaceful demonstration. 'The moment violence or property damage begins, EVERY OTHER PROTESTER must immediately sit on the floor or the ground in silence, with signs down. The media needs to film this. This will reveal paid fake thugs posing as protesters becoming violent. The sitting down must spread like a 'wave" in a football stadium throughout the crowd of protesters." 'Local police officers will immediately see WHO is doing the damage, and the rest of us will demonstrate our non-violent innocence and retain our Constitutional right to peaceful protest," he added The film composer then used hashtags mentioning Mahatma Gandhi and passive resistance. Protests In Across US Los Angeles on Thursday entered seventh day of protests that have been largely peaceful but occasionally punctuated by violence. The protests broke out last Friday in response to a series of immigration raids. Trump, in turn, called in the National Guard on Saturday, then summoned the Marines on Monday. 'If I didn't act quickly on that, Los Angeles would be burning to the ground right now," said Trump at an event at the John F Kennedy Center for the Performing Arts. Similar protests have popped up across the US, including in New York, Seattle, Chicago, Austin, Las Vegas and Washington, DC. The mayor of Spokane, Washington, announced a state of emergency and a curfew after protesters blocked roads to protest the Immigration and Customs Enforcement activity. First Published: June 12, 2025, 14:04 IST

Mint
25 minutes ago
- Mint
China plus one: Apple and India might need to woo not just Trump but Xi too
Apple and its main manufacturing contractor, Hon Hai Precision Company, are still betting on India. When Hon Hai—better known as Foxconn—revealed through an exchange filing last week that it was putting another $1.5 billion into its operations there, it will have calmed a few nerves in New Delhi. Worries about the future of Apple in the country had been set off by US President Donald Trump, who said last month that he had told the company's CEO Tim Cook, 'I don't want you building in India." This seemed to contradict hopes, shared by both Cupertino and New Delhi, that most iPhones for the US market would come from India by the end of 2026. Also Read: Apple's Hotel California trap: It can check out but not leave China But on the ground, Apple Inc's turn to the South Asian country seems well-entrenched. Reports have emerged of a new Foxconn campus meant to house 30,000 employees. This would be the largest such effort in India's recent history. And another contract manufacturer, Tata Electronics, is now assembling the iPhone 16 at its South Indian plant. Yet, CEOs and politicians may have begun to realize that the difficulties involved in shifting—or duplicating—an entire manufacturing ecosystem extend beyond placating Trump. This is a complex environment and there are severe obstacles to moving it out of China. US politics is only one, though perhaps the loudest. Admittedly, Apple has had a lot of success in India already. That's why even Trump has been talking about it. In just the last year, the value of Apple products manufactured there has jumped 60% to $22 billion. Over $17 billion is exported; thanks to Apple, India's $38 billion of electronics exports now earn more than even its world-famous pharmaceutical sector. No other investment has produced anything near this scale of return. In fact, it may be the only success of the Narendra Modi government's pivot to industrial policy in the middle of his decade-plus in power. This rare win happened because Apple Inc and its suppliers were committed to moving production into India, and because both federal and state governments rewrote regulations and permissions to help them make the move. Also Read: Trump's policies assure China an edge in the race for AI dominance Politicians kept up this support, even when there might be a price to pay. After a border clash between China and India in 2020 that left 20 of its soldiers dead, Indian officials restricted investment from Beijing. Those restrictions have slowly softened since then, primarily to ensure that Apple's contractors didn't get caught up in red tape. That experience should have served as a reminder to New Delhi that attracting an entire ecosystem needs three sets of players to cooperate: companies, the destination market for their products and the source geography. Apple and Foxconn might be on board, Trump and his tariffs might be managed, but what of China? A recent book by the former Financial Times journalist Patrick McGee argues that Apple in China, and Foxconn in particular, grew because American investors and engineers helped. That's no surprise. Any industrial power trains its competitors and successors. That's what Great Britain did for America centuries ago. The financiers, engineers and suppliers that make up an existing manufacturing ecosystem need to be willing and able to cooperate in creating a new one. They are generally well rewarded for it. Also Read: Rahul Jacob: Manufacturing is crying out for a reality check Apple's contract manufacturers and component suppliers, large and small, in China might be willing to set up shop in India—after all, profits are profits wherever they are earned. Some of their engineers might be happy to move to supervise new shop floors. But, as it turns out, Beijing might not permit that to happen. Many experienced employees with crucial knowledge and skill-sets have found themselves forbidden to travel to India and Southeast Asia. Apple and New Delhi have both tried to woo Trump and make him accept the possibility that iPhones destined for the US will be made in India. But it appears that they may need to woo China's President Xi Jinping as well. Objectively, India's Apple-led mobile phone ecosystem is nowhere near challenging China's manufacturing dominance. China is, after all, an indispensable country not just for Apple, but for multiple companies struggling to shift production to India, Vietnam and elsewhere. But Beijing now appears to view Apple's India project as a risk—dangerous enough that a few barriers should be erected in its path. Trump, Apple, New Delhi and Beijing appear agreed on Indian manufacturing's potential over the next few years, whatever the rest of us might think. ©Bloomberg The author is a Bloomberg Opinion columnist.