U.S. Says Government Employee Blocked from Leaving China
The employee of the U.S. Patent and Trademark Office was 'made subject to an exit ban in China,' a spokesperson for the U.S. Embassy said Tuesday. 'We are tracking this case very closely and are engaged with Chinese officials to resolve the situation as quickly as possible.'
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Trump's Big Trade Deal With Japan Is Already Falling Apart
'I just signed the largest trade deal in history, I think maybe the largest deal in history, with Japan,' Trump boasted Tuesday. But a new report from The Financial Times demonstrates that U.S. and Japanese officials don't see eye to eye on what exactly the countries agreed upon. According to Trump and his administration, in return for a reduction in tariffs, Japan would invest $550 billion in certain U.S. sectors and give the United States 90 percent of the profits. But Japanese officials say profit sharing under the agreement isn't so set in stone: A Friday slideshow presentation in Japan's Cabinet Office, contra the White House, said profit distribution would be 'based on the degree of contribution and risk taken by each party,' per The Financial Times. The FT also reports conflicting messages between Washington and Tokyo as to whether that $550 billion commitment is, as team Trump sees it, a guarantee or, as Japan's negotiator Ryosei Akazawa sees it, an upper limit and not 'a target or commitment.' Mireya Solís, a senior fellow at the Brookings Institution, told The Financial Times that the deal contains 'nothing inspiring,' as 'both sides made promises that we can't be sure will be kept' and 'there are no guarantees on what the actual level of investments from Japan will be.' The inconsistent interpretations of the deal could possibly be owing to the fact that it was hastily pulled together over the course of an hour and 10 minutes between Trump and Akazawa on Tuesday, according to the FT, which cited 'officials familiar with the U.S.-Japan talks.' And, moreover, 'Japanese officials said there was no written agreement with Washington—and no legally binding one would be drawn up.' Some are thus beginning to wonder whether Trump's avowed 'largest deal in history' even technically counts as a deal at all. Brad Setser, senior fellow at the Council on Foreign Relations, wrote on X: 'If something like this is not 'papered' it isn't really a deal.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
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Cambodia calls for ceasefire with Thailand: envoy to UN
Cambodia wants an "immediate ceasefire" with Thailand, the country's envoy to the United Nations said Friday, after the neighbors traded deadly strikes for a second day. A long-running border dispute erupted into intense fighting with jets, artillery, tanks and ground troops on Thursday, prompting the Security Council to hold an emergency meeting on the crisis Friday. "Cambodia asked for an immediate ceasefire -- unconditionally -- and we also call for the peaceful solution of the dispute," said Cambodia's ambassador Chhea Keo following a closed meeting of the Council attended by Cambodia and Thailand. The envoy questioned how Thailand, a regional military heavyweight, could accuse Cambodia, its smaller neighbor, of attacking it. "(The Security Council) called for both parties to (show) maximum restraint and resort to a diplomatic solution. That is what we are calling for as well," said Chhea Keo. None of the other attendees spoke to reporters. More than 138,000 people have been evacuated from Thailand's border regions, its health ministry said, reporting 15 fatalities -- 14 civilians and a soldier -- with a further 46 wounded, including 15 troops. The fighting marks a dramatic escalation in a long-running dispute between the neighbors -- both popular destinations for millions of foreign tourists -- over their shared 800-kilometer (500-mile) border. abd-gw/sla

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