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10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction
10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction

Yahoo

time4 days ago

  • Business
  • Yahoo

10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction

Tariffs were a defining promise of President Donald Trump's campaign, and they have been a defining feature of his second term in office. But just over five months in, many of his tariff proclamations haven't turned into reality. While Trump has imposed a number of sweeping tariffs that have been driving up costs for American businesses and consumers buying goods from overseas, he has threatened far more tariffs than he has carried through on. That has created a climate of uncertainty that has caused some businesses to lay off workers and delay investments, as well as led to volatility in the stock market. Some financial analysts have taken to calling Trump's on-again, off-again moves TACO trade or the TACO theory — an acronym for "Trump Always Chickens Out." (Asked by a reporter about the phrase, Trump called the question "nasty" and said, "It's called negotiation.") Here are 10 times Trump has threatened, then backtracked on, tariffs since he took office. Notably, in some cases, like threatened tariffs against Colombia, the administration did win policy concessions in other areas after it wielded the threat. But other tariffs threats have come and gone without other tangible results. In one of his latest tariff moves, Trump threatened last Friday to impose a 50% tariff on goods shipped into the United States from the European Union, saying the European countries weren't taking ongoing trade talks seriously enough. Trump said the tariff would go into effect on June 1, but two days later, he delayed it until July 9, after he said he had spoken with E.U. Commission President Ursula von der Leyen. Trump said she asked for the delay. Trump had threatened Europe with a 20% tariff as part of his "reciprocal" tariffs announced April 2. But hours after those tariffs were scheduled to go into effect, Trump reduced tariffs on Europe and most other countries to 10% for 90 days to give his administration time to work out individual trade deals. The tariff on European imports remains at 10%. Aside from the wider tariffs on the E.U., Trump announced March 13 on social media that he would impose a 200% tariff on wine imported into the United States from the E.U. after the E.U. threatened a 50% tariff on American whiskey. That threat came in response to Trump's earlier tariffs on European steel and aluminum. The tit-for-tat over alcohol never came to fruition, with European officials saying a week later that they would delay the threatened whiskey tariff until mid-April, pending negotiations with the United States. There have been no tariffs on European wines aside from Trump's blanket 10% tariff on all imports. Among Trump's first tariff targets were the United States' neighbors, Canada and Mexico. Just weeks into office, he signed an executive order imposing a 25% tariff on goods imported from Canada and Mexico, saying they weren't doing enough to stem the flow of fentanyl across the border. In response, Canada and Mexico announced their own retaliatory tariffs on U.S. goods, and Canadians began to boycott American brands. A day before the tariffs were set to be collected, Trump said he was pausing them for 30 days. He said he was making the pause because of actions Canada and Mexico said they were taking at their borders, though a number of those steps were already underway when Trump first announced his tariffs. Once the 30-day pause was up, Trump said March 4 that the 25% tariffs on Canada would go into effect. But two days after he implemented the tariffs on Canada and Mexico, he said he would pause them again until April 2 for most goods. When Trump announced wider tariffs for nearly all countries on April 2, Canada and Mexico were excluded. Despite the back-and-forth, there are no tariffs on most goods from Canada and Mexico that fall under the North American trade deal signed during Trump's first term. Trump said May 4 on social media that he was directing his administration to start collecting a 100% tariff 'on any and all Movies coming into our Country that are produced in Foreign Lands,' without giving any details about when or how it would be collected. A few hours later, the White House said that no final decisions had been made and that the administration was 'exploring its options.' By the afternoon, Trump said he would meet with industry officials to make sure they were 'happy' with his plan. The administration hasn't taken any action since the initial social media post. Trump announced a variety of tariffs on nearly every country in the world as part of his so-called reciprocal tariffs in an event dubbed 'liberation day.' Trump said it would 'forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed and the day that we began to make America wealthy again.' Those tariffs ranged from a baseline of 10% to a high of 49%. But on April 9, the day those tariffs were set to go into effect, Trump said he was pausing them until July 2 to have time to negotiate individual trade deals with the more than 90 countries that had reached out to his administration. In the interim, he said, he would put a blanket 10% tariff on nearly all countries. Since the "reciprocal" tariff pause, Trump has announced just one outline of a trade agreement with the United Kingdom. A trade court ruled Wednesday that Trump exceeded his authority to impose those tariffs. The Trump administration is appealing that ruling, and for now, the tariffs remain in place. Tariffs against China have been one of Trump's most consistent threats — he has accused it repeatedly of 'ripping off' the United States with unfair trade practices. Trump had ratcheted up his tariffs on China over several months to more than 145% in April, a level that caused businesses to halt shipments coming from China and pause future orders. But just as the last of the pre-tariff imports from China had arrived in U.S. ports and shipments from China were on track to tumble, Trump said he was lowering the tariffs to 10% for 90 days, giving U.S. and Chinese officials time to begin trade discussions after an initial meeting between Treasury Secretary Scott Bessent and his Chinese counterpart. Trump left a separate 20% tariff in place related to the country's production of the ingredients in fentanyl. The trade court ruling Wednesday struck down both the 10% and the 20% fentanyl tariffs, though they remain, for now, while the appeals process continues. Days after he increased tariffs on China to at least 145%, Trump created a carve-out for iPhones and some other electronics made in China, lowering the tariff rate for them to 20%. Still, Trump has continued to push for iPhones to be made in the United States, not other lower-cost countries, like India, where Apple has said it is increasingly shifting manufacturing. Trump said last Friday that he would impose a 25% tariff on iPhones and other smartphones, regardless of where they were made, starting at the end of June. But senior administration officials seemed to walk back Trump's demands that iPhones be made in the United States, as well as the scope of any potential tariffs. Bessent said it was the chips in the phones, not necessarily the phones themselves, that Trump wanted to see made in the United States. National Economic Council Director Kevin Hassett said a few days later that the administration doesn't want to 'harm Apple,' and he referred to the move as 'a tiny little tariff on them right now, to try to negotiate down the tariffs.' On Trump's sixth day back in office, he ignited a trade spat with Colombia that lasted less than 24 hours. Trump threatened Colombia with a 25% tariff after its president barred two U.S. military aircraft carrying migrants from landing in the country. The United States is a major importer of coffee, flowers and produce from Colombia. Colombia responded with its own 25% tariff on U.S. products. But it soon said it would allow the flights, and the two countries backed down on their trade war threats. Trump said he would impose steep tariffs on toymaker Mattel — even if it moves its overseas production out of China — after its CEO said it was looking to shift more production out of China but didn't see it moving to the United States. 'That's OK, let him go, and we'll put a 100% tariff on his toys, and he won't sell one toy in the United States, and that's their biggest market,' Trump said in the Oval Office on May 8. Trump had said children in the United States would simply have fewer dolls if the cost of the toys increased because of tariffs. Trump has since suggested that the United States is more interested in bringing higher-skilled manufacturing with a national security element to the country rather than lower-cost consumer goods. 'I'm not looking to make T-shirts, to be honest. I'm not looking to make socks. We can do that very well in other locations,' he said Sunday. 'We are looking to do chips and computers and lots of other things, and tanks and ships.' Trump announced a 25% tariff on all auto imports effective April 3 that would apply to any vehicle not assembled in the United States, which would account for nearly half of all vehicles sold in the country. About a month later, he signed an executive order easing some of those tariffs, addressing concerns that they would drive up the cost of cars assembled in the United States with parts imported from other countries. Trump later said he would reduce tariffs for cars made in the U.K., such as those by Land Rover and Aston Martin, to 10% under a tentative trade agreement between the United States and the U.K. that officials on both sides continue to negotiate. This article was originally published on

10 times Trump has threatened, then backtracked on, tariffs as Wall Street embraces 'TACO trades'
10 times Trump has threatened, then backtracked on, tariffs as Wall Street embraces 'TACO trades'

NBC News

time4 days ago

  • Business
  • NBC News

10 times Trump has threatened, then backtracked on, tariffs as Wall Street embraces 'TACO trades'

Tariffs were a defining promise of President Donald Trump's campaign, and they have been a defining feature of his second term in office. But just over five months in, many of his tariff proclamations haven't turned into reality. While Trump has imposed a number of sweeping tariffs that have been driving up costs for American businesses and consumers buying goods from overseas, he has threatened far more tariffs than he has carried through on. That has created a climate of uncertainty that has caused some businesses to lay off workers and delay investments, as well as led to volatility in the stock market. Financial analysts have taken to calling Trump's on-again, off-again moves TACO trade or the TACO theory — an acronym for "Trump Always Chickens Out." (Asked by a reporter about the phrase, Trump called the question "nasty" and said, "It's called negotiation.") Here are 10 times Trump has threatened, then backtracked on, tariffs since he took office. Notably, in some cases, like threatened tariffs against Colombia, the administration did win policy concessions in other areas after it wielded the threat. But other tariffs threats have come and gone without other tangible results. E.U. tariffs In one of his latest tariff moves, Trump threatened last Friday to impose a 50% tariff on goods shipped into the United States from the European Union, saying the European countries weren't taking ongoing trade talks seriously enough. Trump said the tariff would go into effect on June 1, but two days later, he delayed it until July 9, after he said he had spoken with E.U. Commission President Ursula von der Leyen. Trump said she asked for the delay. Trump had threatened Europe with a 20% tariff as part of his "reciprocal" tariffs announced April 2. But hours after those tariffs were scheduled to go into effect, Trump reduced tariffs on Europe and most other countries to 10% for 90 days to give his administration time to work out individual trade deals. The tariff on European imports remains at 10%. Wine tariff Aside from the wider tariffs on the E.U., Trump announced March 13 on social media that he would impose a 200% tariff on wine imported into the United States from the E.U. after the E.U. threatened a 50% tariff on American whiskey. That threat came in response to Trump's earlier tariffs on European steel and aluminum. The tit-for-tat over alcohol never came to fruition, with European officials saying a week later that they would delay the threatened whiskey tariff until mid-April, pending negotiations with the United States. There have been no tariffs on European wines aside from Trump's blanket 10% tariff on all imports. Canada and Mexico tariffs Among Trump's first tariff targets were the United States' neighbors, Canada and Mexico. Just weeks into office, he signed an executive order imposing a 25% tariff on goods imported from Canada and Mexico, saying they weren't doing enough to stem the flow of fentanyl across the border. In response, Canada and Mexico announced their own retaliatory tariffs on U.S. goods, and Canadians began to boycott American brands. A day before the tariffs were set to be collected, Trump said he was pausing them for 30 days. He said he was making the pause because of actions Canada and Mexico said they were taking at their borders, though a number of those steps were already underway when Trump first announced his tariffs. Once the 30-day pause was up, Trump said March 4 that the 25% tariffs on Canada would go into effect. But two days after he implemented the tariffs on Canada and Mexico, he said he would pause them again until April 2 for most goods. When Trump announced wider tariffs for nearly all countries on April 2, Canada and Mexico were excluded. Despite the back-and-forth, there are no tariffs on most goods from Canada and Mexico that fall under the North American trade deal signed during Trump's first term. Tariff on films Trump said May 4 on social media that he was directing his administration to start collecting a 100% tariff 'on any and all Movies coming into our Country that are produced in Foreign Lands,' without giving any details about when or how it would be collected. A few hours later, the White House said that no final decisions had been made and that the administration was 'exploring its options.' By the afternoon, Trump said he would meet with industry officials to make sure they were 'happy' with his plan. The administration hasn't taken any action since the initial social media post. Reciprocal tariffs Trump announced a variety of tariffs on nearly every country in the world as part of his so-called reciprocal tariffs in an event dubbed 'liberation day.' Trump said it would 'forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed and the day that we began to make America wealthy again.' Those tariffs ranged from a baseline of 10% to a high of 49%. But on April 9, the day those tariffs were set to go into effect, Trump said he was pausing them until July 2 to have time to negotiate individual trade deals with the more than 90 countries that had reached out to his administration. In the interim, he said, he would put a blanket 10% tariff on nearly all countries. Since the "reciprocal" tariff pause, Trump has announced just one outline of a trade agreement with the United Kingdom. A trade court ruled Wednesday that Trump exceeded his authority to impose those tariffs. The Trump administration is appealing that ruling, and for now, the tariffs remain in place. China tariffs Tariffs against China have been one of Trump's most consistent threats — he has accused it repeatedly of 'ripping off' the United States with unfair trade practices. Trump had ratcheted up his tariffs on China over several months to more than 145% in April, a level that caused businesses to halt shipments coming from China and pause future orders. But just as the last of the pre-tariff imports from China had arrived in U.S. ports and shipments from China were on track to tumble, Trump said he was lowering the tariffs to 10% for 90 days, giving U.S. and Chinese officials time to begin trade discussions after an initial meeting between Treasury Secretary Scott Bessent and his Chinese counterpart. Trump left a separate 20% tariff in place related to the country's production of the ingredients in fentanyl. The trade court ruling Wednesday struck down both the 10% and the 20% fentanyl tariffs, though they remain, for now, while the appeals process continues. Tariff on iPhones Days after he increased tariffs on China to at least 145%, Trump created a carve-out for iPhones and some other electronics made in China, lowering the tariff rate for them to 20%. Still, Trump has continued to push for iPhones to be made in the United States, not other lower-cost countries, like India, where Apple has said it is increasingly shifting manufacturing. Trump said last Friday that he would impose a 25% tariff on iPhones and other smartphones, regardless of where they were made, starting at the end of June. But senior administration officials seemed to walk back Trump's demands that iPhones be made in the United States, as well as the scope of any potential tariffs. Bessent said it was the chips in the phones, not necessarily the phones themselves, that Trump wanted to see made in the United States. National Economic Council Director Kevin Hassett said a few days later that the administration doesn't want to 'harm Apple,' and he referred to the move as 'a tiny little tariff on them right now, to try to negotiate down the tariffs.' Colombia tariff On Trump's sixth day back in office, he ignited a trade spat with Colombia that lasted less than 24 hours. Trump threatened Colombia with a 25% tariff after its president barred two U.S. military aircraft carrying migrants from landing in the country. The United States is a major importer of coffee, flowers and produce from Colombia. Colombia responded with its own 25% tariff on U.S. products. But it soon said it would allow the flights, and the two countries backed down on their trade war threats. Tariff on dolls Trump said he would impose steep tariffs on toymaker Mattel — even if it moves its overseas production out of China — after its CEO said it was looking to shift more production out of China but didn't see it moving to the United States. 'That's OK, let him go, and we'll put a 100% tariff on his toys, and he won't sell one toy in the United States, and that's their biggest market,' Trump said in the Oval Office on May 8. Trump had said children in the United States would simply have fewer dolls if the cost of the toys increased because of tariffs. Trump has since suggested that the United States is more interested in bringing higher-skilled manufacturing with a national security element to the country rather than lower-cost consumer goods. 'I'm not looking to make T-shirts, to be honest. I'm not looking to make socks. We can do that very well in other locations,' he said Sunday. 'We are looking to do chips and computers and lots of other things, and tanks and ships.' Auto tariffs Trump announced a 25% tariff on all auto imports effective April 3 that would apply to any vehicle not assembled in the United States, which would account for nearly half of all vehicles sold in the country. About a month later, he signed an executive order easing some of those tariffs, addressing concerns that they would drive up the cost of cars assembled in the United States with parts imported from other countries. Trump later said he would reduce tariffs for cars made in the U.K., such as those by Land Rover and Aston Martin, to 10% under a tentative trade agreement between the United States and the U.K. that officials on both sides continue to negotiate.

Pope Francis funeral planned for Saturday
Pope Francis funeral planned for Saturday

Yahoo

time22-04-2025

  • Health
  • Yahoo

Pope Francis funeral planned for Saturday

The funeral for the late Pope Francis, the first ever Latin American pontiff who died Monday at 88, will take place on Saturday. Francis' memorial procession will begin at 10 a.m. local time with the funeral liturgy being presided over by Cardinal Giovanni Battista Re in St. Peter's Square in Vatican City. The itinerary comes after the Argentinian pontiff died at Casa Santa Marta on Monday after dealing with health issues due to a chronic lung disease. The cause of death was revealed to be a stroke, which put him into a coma, according to the Vatican. 'His entire life was dedicated to the service of the Lord and of His Church. He taught us to live the values of the Gospel with fidelity, courage, and universal love, especially in favor of the poorest and most marginalized,' Cardinal Kevin Joseph Farrell said on Monday. 'With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the One and Triune God,' Farrell added. Francis was first admitted to the hospital on Feb. 14 for a bout of bronchitis. Four days later, he contracted pneumonia. The Vatican said he was in 'critical condition' on Feb. 22. His death comes after his health was seemingly improving and he met with Vice President Vance a day earlier. Scores of world leaders are expected to attend Francis' funeral on Saturday. President Trump announced on Monday that he and First Lady Melania Trump will be going to Rome for the funeral. 'We look forward to being there!' Trump said in a Truth Social post. The president also ordered flags in the U.S. to fly at half-staff in honor of the late Catholic leader's passing. French President Emmanuel Macron will be in attendance, along with E.U. Commission President Ursula von der Leyen. Argentina's President Javier Milei is also slated to attend the funeral in Rome. The outpouring of condolences for Francis has also been vast. Francis is the last pope to die in 20 years, since Pope John Paul II in 2005. Former Pope Benedict, who died in 2022, resigned in 2013, which led to the election of Francis. Now, the weighted process of finding a new pope will begin. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Pope Francis funeral planned for Saturday
Pope Francis funeral planned for Saturday

The Hill

time22-04-2025

  • Health
  • The Hill

Pope Francis funeral planned for Saturday

The funeral for the late Pope Francis, the first ever Latin American pontiff who died Monday at 88, will take place on Saturday. Francis' memorial procession will begin at 10 a.m. local time with the funeral liturgy being presided over by Cardinal Giovanni Battista Re in St. Peter's Square in Vatican City. The itinerary comes after the Argentinian pontiff died at Casa Santa Marta on Monday after dealing with health issues due to a chronic lung disease. The cause of death was revealed to be a stroke, which put him into a coma, according to the Vatican. 'His entire life was dedicated to the service of the Lord and of His Church. He taught us to live the values of the Gospel with fidelity, courage, and universal love, especially in favor of the poorest and most marginalized,' Cardinal Kevin Joseph Farrell said on Monday. 'With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the One and Triune God,' Farrell added. Francis was first admitted to the hospital on Feb. 14 for a bout of bronchitis. Four days later, he contracted pneumonia. The Vatican said he was in 'critical condition' on Feb. 22. His death comes after his health was seemingly improving and he met with Vice President Vance a day earlier. Scores of world leaders are expected to attend Francis' funeral on Saturday. President Trump announced on Monday that he and First Lady Melania Trump will be going to Rome for the funeral. 'We look forward to being there!' Trump said in a Truth Social post. The president also ordered flags in the U.S. to fly at half-staff in honor of the late Catholic leader's passing. French President Emmanuel Macron will be in attendance, along with E.U. Commission President Ursula von der Leyen. Argentina's President Javier Milei is also slated to attend the funeral in Rome. The outpouring of condolences for Francis has also been vast. Francis is the last pope to die in 20 years, since Pope John Paul II in 2005. Former Pope Benedict, who died in 2022, resigned in 2013, which led to the election of Francis. Now, the weighted process of finding a new pope will begin.

Live Updates: Pope Francis' funeral to take place Saturday
Live Updates: Pope Francis' funeral to take place Saturday

NBC News

time22-04-2025

  • Politics
  • NBC News

Live Updates: Pope Francis' funeral to take place Saturday

Who will be attending the Pope's funeral? A number of world leaders have already confirmed their attendance to the funeral of Pope Francis that will be held on Saturday. President Donald Trump in a post on Truth Social Monday said he would travel to Vatican City alongside First Lady Melania Trump. He will be joined by the French President Emmanuel Macron, who confirmed his attendance to to reporters Monday. E.U. Commission President Ursula von der Leyen also confirmed her attendance Tuesday. In Francis' birth country of Argentina, President Javier Milei said within hours of the Pope's death that he will attend the funeral service, while the Brazilian government said in a statement Monday that President Lula Da Silva and First Lady Janja Lula da Silva will make the trip to the Vatican. Middle Eastern leaders express their condolences In a rare moment of unity, leaders across the Middle-East expressed their condolences for Pope Francis. Lebanon's President Joseph Aoun described Francis as a 'dear friend and strong supporter' of his country, who 'carried Lebanon in his heart and prayers.' Iranian President Masoud Pezeshkian highlighted Francis' calls to end the war in Gaza, with Hamas also hailing pope's opposition to the war. Israel's President Isaac Herzog recalled Francis' prayers for peace in the Middle East, saying in a post on X, 'he dedicated his life to uplifting the poor and calling for peace in a troubled world.' Qatari leader Tamim bin Hamad Al Thani and Saudi Arabia's King Salman sent messages of condolences to the Vatican. Zelenskyy to attend Francis' funeral Ukrainian President Volodymyr Zelenskyy will attend Francis' funeral this Saturday with First Lady Olena Zelenska, his office told NBC News on Tuesday. Although the pontiff regularly called for an end to Russia's war in Ukraine, which has a majority Orthodox Christian population, he angered Ukrainians when he last year called on Kyiv to have the courage of the 'white flag' and sue for peace with Russia. In a tribute to Francis on Monday, Zelenskyy said millions of people around the world were 'mourning the tragic news' of his passing. 'He knew how to give hope, ease suffering through prayer, and foster unity,' he said in a post on X, adding, 'He prayed for peace in Ukraine and for Ukrainians.' Pope reflected on death in a book preface he wrote this year 'Death is not the end of everything, but the beginning of something,' Pope Francis wrote in the preface for a new book by Cardinal Angelo Scola, Archbishop Emeritus of Milan, titled 'Awaiting a New Beginning: Reflections on Old Age.' The preface, which was written early February, was released by the Vatican Publishing House and published in the Vatican News today. 'It is a new beginning, as the title wisely highlights, because eternal life—which those who love already begin to experience on earth within the daily tasks of life—is beginning something that will never end,' Francis wrote. 'And it is precisely for this reason that it is a 'new' beginning, because we will live something we have never fully lived before: eternity,' he wrote. China, which struck deal with Francis on bishops, offers condolences China expressed its condolences over the death of Francis, who ended a decades-long dispute between the Vatican and Beijing by accepting seven bishops the Chinese government had named without the pope's consent. Critics of the 2018 deal accused the Vatican of selling out to communist China, where the government tightly regulates religious activity. The Vatican countered that it was important for improving relations with China, which is estimated to have as many as 12 million Catholics. 'In recent years, China and the Vatican have maintained constructive engagement, conducted useful exchanges, and the provisional agreement regarding the agreement of bishops between China and the Vatican is mostly implemented,' Chinese Foreign Ministry spokesperson Guo Jiakun said at a regular briefing today in Beijing. 'China stands ready to work with the Vatican for continued improvement of China-Vatican ties.' Guo did not say whether China had been invited to Francis' funeral or would send a representative. Show more Who's in charge of the Vatican right now? Mithil Aggarwal Kevin Farrell, an American cardinal, became the acting head of the Vatican following the death of Pope Francis. The Dublin-born cleric was naturalized as a U.S. citizen after spending many years in the country. Farrell was incardinated in the archdiocese of Washington in the 1984 and is the former Bishop of Dallas. Francis proclaimed Farrell a Cardinal in 2016 and, in 2023, appointed him as the president of Vatican's Supreme Court. Right now, the cardinal holds the position of chamberlain, or camerlengo, leaving him in charge of the administration and finances of the Holy See during the interregnum — the period between one pope's death and his successor's election. While he's also in charge of making the arrangements for the conclave, the poll of cardinals that chooses the next pope, his temporary position as chamberlain does not bar him from the papacy. Thousands gather in the Philippines to mourn Francis As bells tolled in churches around the Philippines, which Francis visited in 2015, thousands of worshipers gathered there to pray and reflect on the pontiff's legacy. 'As we mourn his passing, we honor a life that brought hope and compassion to so many and inspired us to love one another as Christ loved us,' wrote Ferdinand Marcos Jr., the President of the Philippines, in a post on Facebook. Philippines is home to the world's third-largest Catholic population, with around 80% of the population identifying as Catholic, according to the Philippine Statistics Authority. Cardinal Luis Tagle there is among the leading candidates to succeed Francis. Japan, South Korea and India mourn Francis' death National flags were flown at half-staff today in Japan, which Francis visited in 2019. Speaking to reporters in Tokyo, Yoshimasa Hayashi, the government's top spokesperson, noted that during that trip Francis visited the cities of Hiroshima and Nagasaki, where the U.S. dropped atomic bombs at the end of World War II, and called for a 'world without nuclear weapons.' India, home to over 20 million Catholics, said it will also fly national flags at half-mast while declaring a three-day national mourning period. Seoul's Archdiocese said a memorial altar will be set up at the Myeondong Cathedral this afternoon for the public to pay tribute to Francis, who visited South Korea just a year into his papacy in 2014. Body of Pope Francis displayed at the Vatican The body of Pope Francis is being displayed in the chapel of the Domus Santa Marta hotel in Vatican City, after his death yesterday at the age of 88. Francis is shown in a wooden casket, in red vestments and his bishop's miter. Francis' funeral to be held this Saturday Pope Francis' funeral will be held Saturday at 10 a.m. local time (4 a.m. ET), the Vatican has said, with Cardinal Giovanni Battista Re presiding over the funeral liturgy. The funeral Mass will be celebrated in the churchyard of the St. Peter's Basilica, the Vatican said, adding the pontiff's body will be taken to the Basilica of Santa Maria Maggiore for burial. Share Francis' body to be taken to St. Peter's Basilica tomorrow The coffin containing Francis's body will be taken to St. Peter's Basilica tomorrow morning at 9 a.m. local time (3 a.m. ET), the Vatican has said. A procession will pass through Saint Martha's Square, then into Saint Peter's Square before entering the Basilica. Share Fiji archbishop recalls pope's 'vulnerability' on Papua New Guinea trip In a message of condolence, the archbishop for the Archdiocese of Suva in Fiji said he was 'touched by Pope Francis' ministry' while accompanying him on a visit last year to Papua New Guinea, another Pacific island nation. Francis made his historic Asia-Pacific trip despite concerns about his health and spent much of the visit in a wheelchair. 'He embraced his own vulnerability as he often asked people to pray for him,' Archbishop Peter Loy Chong said in a statement. Chong said Francis also 'gave a message of hope and challenge' to the people of Oceania, where climate change threatens some countries' very existence. 'He said, Oceania is far out in the ocean, distant from the rest of the world but at the center of God's heart,' Chong said. 'The Pope's care for the Ocean resonates with the scientific view that if we care for the earth, the ocean is the first ecosystem that we should protect.' Australian PM halts election campaign to mark pope's death Mithil Aggarwal Australian Prime Minister Anthony Albanese marked the pope's death by pausing election campaigning and attending a Mass at St. Patrick's Cathedral in Melbourne. 'The holy father was one of the most consequential leaders of this century and of our lifetime. He was, indeed, the people's pope,' Albanese, who was educated at Catholic schools, told reporters this morning as early voting began in the May 3 federal election. Government flags will fly at half-staff as a sign of respect, the Australian leader said. Body of Pope Francis displayed at the Vatican Images taken yesterday and released this morning, show Pope Francis in an open coffin at the Chapel of Santa Marta in the Vatican. Pope honored on Buenos Aires landmark In Pope Francis' birth country of Argentina, the obelisk of Buenos Aires was last night illuminated with a projection of the deceased pontiff bearing the phrase in Spanish that translates as 'pray for me.' Who will be the next pope? Here are some of the contenders Henry Austin Dust off the history books and there are papal conclaves with international intrigue, royal rigging and even riots, a checkered past that belies the air of sanctity and solemnity surrounding modern papal elections. The word 'conclave' comes from the Latin for 'with key.' It is a church tradition that began in 1268 with a papal election that lasted almost three years, ending only when the townspeople of Viterbo locked up the cardinals, tore the roof off their palace, fed them nothing but bread and water and threatened them until a new pope was chosen. While it is very unlikely the decision on Pope Francis' successor will take quite as long or be quite as contentious, Vatican watchers agree that the winner is not a foregone conclusion. 'The great joy of the conclave is that nobody really knows and it's such a unique electorate,' James Somerville-Meikle, the former deputy director of the Catholic Union of Great Britain, told NBC News before Francis' death. 'So many conclaves in the past have thrown up surprises.' A series of ancient traditions rule the pope's funeral and conclave In life, Pope Francis strayed from the more conservative path forged by his predecessors Pope John Paul II and Pope Benedict. But in death, Francis will be following in many of John Paul's footsteps. The demise of the first Argentine to lead the Roman Catholic Church set into motion a series of rituals, some of which go back more than 2,000 years and have been used to bury more than 250 popes. They are compiled in a more than 400-page tome called the ' Ordo exsequiarum Romani pontificis,' which includes the liturgy, music and prayers used for papal funerals over the centuries. 'The Ordo covers the rituals that are followed from the moment a pope dies to the moment a pope is buried,' said the Rev. David Collins, an associate professor and the director of Catholic studies at Georgetown University.

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