Trump putting Washington police under federal control, deploying National Guard
US POLITICS
Politics
crime
police
washington
USA
World CONTACT US
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sydney Morning Herald
21 minutes ago
- Sydney Morning Herald
Trump praises ‘respectful' Putin, criticises Zelensky ahead of crucial summit
Washington: US President Donald Trump praised his Russian counterpart Vladimir Putin as 'respectful' for travelling to the US for a crucial one-on-one meeting this week, while resurfacing grievances with Volodymyr Zelensky and appearing to again blame the Ukrainian president for the war. Speaking at length for the first time about Friday's summit with Putin the US state of Alaska, Trump described it as a 'feel-out meeting' and said he would likely know within just two minutes whether an acceptable deal could be struck with the Russian leader to end the fighting. Trump said he would call Zelensky and other European leaders immediately following the meeting, and if he believed there was a fair deal on the table, he would 'reveal' it to them. He defended his decision to see Putin one-on-one without Zelensky. 'I would say [Zelensky] could go, but he's gone to a lot of meetings. He's been there for 3½ years, nothing happened. Do you want someone who's been doing it for 3½ years?' Trump told reporters in Washington. 'I get along with Zelensky. But you know, I disagree with what he's done – very, very severely disagree. This is a war that should have never happened.' Trump has repeatedly blamed his predecessor, Joe Biden and Zelensky for 'allowing' Putin to launch his full-scale invasion of Ukraine in February 2022, claiming that if he, Trump, were the US president, Putin would have restrained himself. By contrast, Trump said Putin was 'very respectful' for coming to Alaska for the meeting, and predicted their conversations would be constructive. 'At the end of that meeting – probably in the first two minutes – I'll know exactly whether or not a deal can be made,' Trump said. Asked how he would know, he said: 'Because that's what I do. I make deals.'
Sydney Morning Herald
21 minutes ago
- Sydney Morning Herald
Trump makes unusual deal with world's most valuable company
Nvidia and Advanced Micro Devices have agreed to pay 15 per cent of their revenues from Chinese AI chip sales to the US government in an unusual deal that threatens to set a precedent for American companies doing business in the Asian nation. Nvidia, which is the world's most valuable public traded company with a market capitalisation of about $US4.5 trillion ($6.9 trillion), plans to share 15 per cent of the revenue from sales of its H20 AI accelerator in China, US President Donald Trump said in a briefing with reporters on Monday. AMD will deliver the same share from MI308 revenues, a person familiar with the situation said, asking not to be identified discussing internal deliberations. Trump said he'd originally told Nvidia that he wanted a 20 per cent cut for the US if he cleared H20 sales to China but eventually settled for a 15 per cent share. The two negotiated 'a little deal,' he said. The arrangement reflects Trump's consistent effort to engineer a financial payout for America in return for concessions on trade. His administration has shown a willingness to relax trade conditions like tariffs in return for giant investments in the US — as with Apple's pledge to spend $US600 billion ($921 billion) on domestic manufacturing. But such a narrow, select export tax has little precedent in modern corporate history. Beijing, which has grown increasingly hostile to the idea of Chinese firms deploying the H20, is unlikely to warm to the idea of a chip tax. Yuyuantantian, a social media account affiliated with state-run China Central Television that regularly signals Beijing's thinking about trade, on Sunday slammed what it described as security vulnerabilities and inefficiencies of Nvidia's chip. Loading The move comes amid a CNBC report that Trump is extending a tariff truce with China for another 90 days, stabilising trade ties between the world's two largest economies. The agreement had been due to expire on Tuesday. AMD shares gained 1.2 per cent to $US174.84 in New York on Monday. Nvidia shares were up about 0.3 per cent. 'Both Nvidia and AMD already said they would start shipping to China, so that market reaction already happened,' said Jay Goldberg, an analyst at Seaport Global Securities. The big question is exactly when they're going to start delivering to China again, especially now that there are strings attached, Goldberg said. 'This seeming quid pro quo is unprecedented from an export control perspective. The arrangement risks invalidating the national security rationale for US export controls,' said Jacob Feldgoise, a researcher at the DC-based Center for Security and Emerging Technology.
The Age
21 minutes ago
- The Age
Trump makes unusual deal with world's most valuable company
Nvidia and Advanced Micro Devices have agreed to pay 15 per cent of their revenues from Chinese AI chip sales to the US government in an unusual deal that threatens to set a precedent for American companies doing business in the Asian nation. Nvidia, which is the world's most valuable public traded company with a market capitalisation of about $US4.5 trillion ($6.9 trillion), plans to share 15 per cent of the revenue from sales of its H20 AI accelerator in China, US President Donald Trump said in a briefing with reporters on Monday. AMD will deliver the same share from MI308 revenues, a person familiar with the situation said, asking not to be identified discussing internal deliberations. Trump said he'd originally told Nvidia that he wanted a 20 per cent cut for the US if he cleared H20 sales to China but eventually settled for a 15 per cent share. The two negotiated 'a little deal,' he said. The arrangement reflects Trump's consistent effort to engineer a financial payout for America in return for concessions on trade. His administration has shown a willingness to relax trade conditions like tariffs in return for giant investments in the US — as with Apple's pledge to spend $US600 billion ($921 billion) on domestic manufacturing. But such a narrow, select export tax has little precedent in modern corporate history. Beijing, which has grown increasingly hostile to the idea of Chinese firms deploying the H20, is unlikely to warm to the idea of a chip tax. Yuyuantantian, a social media account affiliated with state-run China Central Television that regularly signals Beijing's thinking about trade, on Sunday slammed what it described as security vulnerabilities and inefficiencies of Nvidia's chip. Loading The move comes amid a CNBC report that Trump is extending a tariff truce with China for another 90 days, stabilising trade ties between the world's two largest economies. The agreement had been due to expire on Tuesday. AMD shares gained 1.2 per cent to $US174.84 in New York on Monday. Nvidia shares were up about 0.3 per cent. 'Both Nvidia and AMD already said they would start shipping to China, so that market reaction already happened,' said Jay Goldberg, an analyst at Seaport Global Securities. The big question is exactly when they're going to start delivering to China again, especially now that there are strings attached, Goldberg said. 'This seeming quid pro quo is unprecedented from an export control perspective. The arrangement risks invalidating the national security rationale for US export controls,' said Jacob Feldgoise, a researcher at the DC-based Center for Security and Emerging Technology.
