Trump blames Hamas for failed Gaza ceasefire
'There is only one endpoint to this conflict, and that is when every single member of Hamas is either dead or has surrendered and is in jail,' Mr Dean said.
'There is no other alternative … Trump realises it now.
'We will see Israel with American approval finishing off Hamas.'
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Sydney Morning Herald
18 minutes ago
- Sydney Morning Herald
You can't quit America: It's too big to fail as the global leviathan
This week, the European Union agreed to a trade deal with the United States that amounts to a capitulation to President Donald Trump. Yes, Trump had already made concessions in advance by pre-emptively walking back his outrageous opening gambit in the tariff war when markets rebelled. But the US president has since enjoyed a run of victories, establishing a new baseline for US tariff revenue with minimal retaliation from its trading partners. The deal that European Commission president Ursula von der Leyen sealed with Trump is part of this new normal, in which most countries appear willing to pay extra for access to American markets. It's not America but the rest of the world that seems to be chickening out. There is a hard lesson here for anyone who imagines that a populist-governed US might somehow end up isolated on the world stage. This fantasy has been a source of both comfort and schadenfreude for anti-Trump liberals, since it offers a vision of potential political escape from populism, with liberal culture reconstituted in Toronto or Oxford or Scandinavia, and a vision of a Trumpian America suffering economic punishment as its walls rise higher and the rest of the world prospers through mutual exchange – without the US. Both conceits are fundamental misreadings of the global situation, which the foreign leaders who have bowed to Trump's demands seem to understand clearly. The first thing they understand is that American economic power is just too big to escape or isolate or ignore. Before Trump's 2024 victory, the economic story was one in which American growth was clearly pulling away from our peer economies in Europe and East Asia. Since Trump's return to power, even protectionist policy that almost every economist deplores hasn't prevented the American sharemarket from rising and the American growth machine from churning onwards. Loading Even if Trump reverts to deeper folly and causes a recession, the forces favouring the US over Germany or Britain or South Korea or Japan will still be present in the next administration and beyond. Almost all of America's liberal-democratic peers are poorer than it is and too sclerotic to suddenly surge past it. There is just no booming, youthful, dynamic, entrepreneurial zone capable of taking the place of America in a network of free economies, and therefore no substitute for trade with its companies and access to its markets, even at a Trumpian price. There is, of course, China, which is strong enough to stand up to Trump's bullying and dynamic enough to stand as a counterweight to American economic might. But unless your country is already authoritarian – and not necessarily even then – the risks of throwing yourself fully into China's orbit are still much more extreme than the costs of managing a populist administration in Washington. This doesn't mean other countries won't end up trading more with China because of American protectionism. But there is no plausible world where China simply replaces the US as a trusted partner and pillar of globalisation. Here the economic story links up with the political one. If it's implausible to imagine a network of European and Asian economies prospering without the American leviathan, it's even less plausible to imagine some kind of liberal world order reconstituting itself separately from the US.
The Age
18 minutes ago
- The Age
You can't quit America: It's too big to fail as the global leviathan
This week, the European Union agreed to a trade deal with the United States that amounts to a capitulation to President Donald Trump. Yes, Trump had already made concessions in advance by pre-emptively walking back his outrageous opening gambit in the tariff war when markets rebelled. But the US president has since enjoyed a run of victories, establishing a new baseline for US tariff revenue with minimal retaliation from its trading partners. The deal that European Commission president Ursula von der Leyen sealed with Trump is part of this new normal, in which most countries appear willing to pay extra for access to American markets. It's not America but the rest of the world that seems to be chickening out. There is a hard lesson here for anyone who imagines that a populist-governed US might somehow end up isolated on the world stage. This fantasy has been a source of both comfort and schadenfreude for anti-Trump liberals, since it offers a vision of potential political escape from populism, with liberal culture reconstituted in Toronto or Oxford or Scandinavia, and a vision of a Trumpian America suffering economic punishment as its walls rise higher and the rest of the world prospers through mutual exchange – without the US. Both conceits are fundamental misreadings of the global situation, which the foreign leaders who have bowed to Trump's demands seem to understand clearly. The first thing they understand is that American economic power is just too big to escape or isolate or ignore. Before Trump's 2024 victory, the economic story was one in which American growth was clearly pulling away from our peer economies in Europe and East Asia. Since Trump's return to power, even protectionist policy that almost every economist deplores hasn't prevented the American sharemarket from rising and the American growth machine from churning onwards. Loading Even if Trump reverts to deeper folly and causes a recession, the forces favouring the US over Germany or Britain or South Korea or Japan will still be present in the next administration and beyond. Almost all of America's liberal-democratic peers are poorer than it is and too sclerotic to suddenly surge past it. There is just no booming, youthful, dynamic, entrepreneurial zone capable of taking the place of America in a network of free economies, and therefore no substitute for trade with its companies and access to its markets, even at a Trumpian price. There is, of course, China, which is strong enough to stand up to Trump's bullying and dynamic enough to stand as a counterweight to American economic might. But unless your country is already authoritarian – and not necessarily even then – the risks of throwing yourself fully into China's orbit are still much more extreme than the costs of managing a populist administration in Washington. This doesn't mean other countries won't end up trading more with China because of American protectionism. But there is no plausible world where China simply replaces the US as a trusted partner and pillar of globalisation. Here the economic story links up with the political one. If it's implausible to imagine a network of European and Asian economies prospering without the American leviathan, it's even less plausible to imagine some kind of liberal world order reconstituting itself separately from the US.
News.com.au
39 minutes ago
- News.com.au
Trump to build huge $200mn ballroom at White House
President Donald Trump, who is remodeling the White House to his tastes, will build a massive ballroom for hosting official receptions, one of the largest projects at the US executive mansion in over a century. Trump himself and unspecified donors will foot the bill for the $200 million project, White House Press Secretary Karoline Leavitt told a press briefing on Thursday. "For 150 years, presidents, administrations and White House staff have longed for a large event space on the White House complex," the spokeswoman said. "There's never been a president that was good at ballrooms," the 79-year-old president and former real estate developer told reporters of the latest bid to leave his mark on the White House. "I'm good at building things, and we'll get it built quickly and on time. It'll be beautiful," said Trump, assuring that the character of the original building would be preserved. The new structure will span over 8,000 square meters (90,000 square feet) and have space to seat 650 people, according to Leavitt. Work on the ballroom -- one of Trump's long-time ambitions -- will begin in September and is expected to be completed "well before" the end of his second term in January 2029, Leavitt said. The hope is it will host grand state dinners, given in honor of foreign heads of state visiting Washington. Until now, these were generally done by erecting a huge tent on the White House grounds. - Facade - A model of the ballroom presented by the government shows it will be a white building with tall windows. Its columns and front look reminiscent of the main White House building, a facade is known worldwide. The ballroom building will replace the East Wing, which usually houses the offices of the US first lady. Trump, who does not shy away from the gaudy, has also redone the Oval Office to splash the room in gold -- from the stars surrounding the presidential seal on the ceiling, to the gold statues on the fireplace, to the mantel itself. The project is shaping up to be one of the most significant to break ground at 1600 Pennsylvania Avenue since renovation and expansion works undertaken by President Theodore Roosevelt at the start of the 20th century. President Harry Truman also oversaw notable construction work between 1948 and 1952, but did so without changing the external structure. Trump has said for some time that he wants to build a White House ballroom inspired by his own properties. On Thursday, he praised the newly built, lavish ballroom -- named after himself -- at his Turnberry golf resort in Scotland, one of dozens of properties owned by the Trump family. It will also be inspired by the ballroom of the Mar-a-Lago mansion in Florida, which has served as the model for Trump's remodeling of the White House to suit himself. The Republican billionaire, inspired by the patios of Mar-a-Lago, recently ripped up the lawn at the White House's historic Rose Garden and is paving that area, where official events are often held. He is flying two huge American flags outside the White House, which has been the residence and workplace of American presidents since 1800.
