Latest news with #DavidSanger
Yahoo
20-05-2025
- Business
- Yahoo
Trump blinked on tariffs and called it a win. But China trade deal is loss for US.
David Sanger of The New York Times recently began an article about Donald Trump as follows: 'After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again.' More recently, Sanger wrote that opponents were learning Trump's negotiating style, which he summarized as 'maximalist, issuing a huge demand, creating a crisis and setting off a high-pressure negotiation. But increasingly often, he ends up backing down and simply declaring a win.' In reality, President Trump has yet to achieve anything remotely approaching a trade-related win since returning to the White House. The best he has managed is to avoid the even greater losses that would have followed had he failed to blink. For example, 'loss' is the only way to describe his decision last month to lower tariffs on all countries (except China) to 10% for a three-month period to allow negotiations. Previously the tariffs ranged from 39% on goods from the European Union to nearly 100% on goods from Southeast Asia. By blinking, Trump ensured that the dollar's status as a 'safe-haven currency' was only threatened rather than completely lost. Our View: With Trump's tariffs and federal cuts, Florida's tax plan comes at a bad time | Editorial 'Loss' is also the only way to describe Trump's dropping the tariff on China from 145% to 30%. And it represents a realization that Trump started a trade war 'that China is infinitely better positioned to win.' China was already moving to shift exports to other countries and has access to countries other than America for goods it currently imports from America. As The Wall Street Journal editorial board pithily put it, 'The President started a trade war with Adam Smith. He lost.' These losses are presented as wins by the rightwing media, which is why the butcher at my greenmarket is far from alone in celebrating Trump's latest 'victory.' It remains to be seen whether he, along with tens of million more Americans, will continue to believe Trump rather than their 'own eyes' when stagflation returns. Companies are already warning that the tariffs will force them to raise the prices they charge consumers, and Mattel, Chlorox, and Denny's recently reported that sales are already down as consumers reduce purchases in anticipation of those higher prices. The Fed will be faced with the same Hobson's choice it faced back in the late 1970s and early 1980s. If they lower interest rates to reduce the likelihood of a recession, they increase the likelihood of runaway inflation. During his first term, Trump blamed the COVID-19 pandemic for wrecking the economy. This time around, he will have no one to blame but himself. Michael K. Cantwell is Chair of the Communications Committee for the Palm Beach County Democratic Party. He lives in Delray Beach. This article originally appeared on Palm Beach Post: Trump blinked – again – in China trade war | Opinion


India.com
07-05-2025
- Politics
- India.com
Pakistan hasn't won any wars against India...: US expert exposes where Pakistan stands amid threats post Operation Sindoor, says Islamabad should...
Operation Sindoor (File) Operation Sindoor: Pakistan has termed India's precision strikes on terrorist infrastructure inside the neighbouring country as an 'act of war', and vowed to strongly respond to the Indian attack in a manner of its choosing. However, despite Islamabad's threats of a retaliatory response, experts believe that launching a major attack will not be an easy task for the Pakistan Army as the enemy nation has never actually won any wars against India. 'Pakistan has lost every war against India' Speaking to CNN after India briefed the world on Operation Sindoor, senior American journalist and foreign policy expert David Sanger pointed out that Pakistan has never been able to defeat India in any of the four major wars fought between the two nuclear-armed enemies. 'There have been four wars between India and Pakistan since 1947. Pakistan has lost every time. Their leadership is probably also aware of its position this time around,' Sanger said, reminding Islamabad of the crushing defeats it suffered in the 1948, 1965, 1971 and 1999 wars. Operation Sindoor On Wednesday midnight, Indian Armed Forces launched Operation Sindoor, a series of deadly, precision strikes on terror infrastructures deep inside Pakistan on the intervening night of Tuesday and Wednesday, to avenge last month's heinous Pahalgam terror attack in which terrorists gunned down 26 civilians, mostly Indian Hindu tourists in Kashmir valley. In a press briefing in national capital New Delhi Delhi hours after the military strikes, Foreign Secretary Vikram Misri, Colonel Sofiya Qureshi and Wing Commander Vyomika Singh revealed the details and objectives of Operation Sindoor. They said that a total of nine terror camps of Lashkar-e-Taiba (LeT), Jaish-e-Mohammed (JeM), and Hizbul Mujahideen, were targeted by Indian forces, four of which are in mainland Pakistan while the remaining in Pakistan-occupied Kashmir (PoK). According to details, more than 70 terrorists and their sympathizers, including 10 family member and four close aides of JeM chief Masood Azhar, were killed in the strikes. Lashkar founder Hafiz Saeed was also reportedly injured in the assault, while his close aide was killed. Pakistan vows retaliation Meanwhile, hours after the strikes, Pakistan's Director General of Inter-Services Public Relations (DG ISPR), Lieutenant General Ahmed Sharif Chaudhry confirmed the Indian missile strikes, claiming that 26 civilians were killed and 46 others injured in overnight Indian airstrikes targeting multiple civilian areas across Pakistan. Addressing a presser on Wednesday, Chaudhry claimed that Pakistan's armed forces responded to Indian airstrikes in a 'measured and defensive' manner, asserting that the response was carried out in self-defence and without violating Indian airspace, the Express Tribune reported. Chaudhry termed the strikes as an assault on Pakistan's sovereignty, and asserted that India's 'aggression' would be met with a full-strength response. 'Pakistan has the right to respond to any act of aggression in a manner and time of its choosing,' Chaudhry was quoted as saying.
Yahoo
21-02-2025
- Health
- Yahoo
Tennis club sees success with walking tennis sessions
EAST Dorset Lawn Tennis and Croquet Club have seen success with a new walking tennis program. Club coach Sally Revell started the program in January for six weeks, but after its success, it will continue. In the penultimate session there were nine people in attendance, including two men recovering from strokes, one of whom is aged 89, with the sessions helping their recovery. The program was advertised through doctor's surgeries and, with the help of BCP Council, at other leisure facilities. The sessions are aimed at anyone of any ability and they are dementia and Parkinson's friendly, with equipment provided. At Southbourne Tennis Club, wheelchair tennis has also seen success, taught by head coach David Sanger. Dorset Tennis and Padel are hoping to organise an open day for volunteers at Southbourne, focusing on disability tennis. Paralympic wheelchair tennis star Lucy Shuker, from Three Legged Cross in Verwood, has been invited to the event. The organisation is partly funded by the LTA but does rely heavily on sponsorship, with chair of the Participation Committee, David Lloyd, said should be boosted after it became a charity last month. For more information, visit the Southbourne, East Dorset and Dorset Tennis websites.