Latest news with #RapidResponse47
Yahoo
18 hours ago
- Business
- Yahoo
Trump deciding trade deals by August 1: Lutnick
US President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, US Commerce chief Howard Lutnick says ahead of Trump's self-imposed August 1 deadline. US and EU officials were still discussing steel and aluminium tariffs as well as digital services regulations following their framework announced on Sunday, Lutnick told CNBC in an interview, adding that talks with China were also "their own thing". "But for the rest of the world, we're going to have things done by Friday," he said in the interview. Asked about remaining uncertainties surrounding the US-EU agreement, Lutnick said Trump was working "to get things done now". .@POTUS: "We just signed a very big deal, as you know, with the European Union, but also with the United Kingdom ... A great deal for the country." — Rapid Response 47 (@RapidResponse47) July 29, 2025 He said pharmaceuticals were a key part of the EU deal so that medicines made in EU member countries - home to several major drug makers - would have their products included in the 15 per cent tariff. "It was important for them to have pharmaceuticals be part of the deal at 15 per cent because President Trump is going to come out in the next two weeks with his pharmaceutical policy, and it is going to be higher," he said. South Africa's trade ministry said on Tuesday that it still wanted to negotiate a trade deal with the United States, before a 30 per cent tariff on its exports to the US is due to kick in on Friday. South Africa's government has been tight-lipped about its negotiations with the US administration ahead of the August 1 deadline, which comes as the two countries' relationship has deteriorated over South Africa's domestic race policy and its genocide case against Israel, which Israel denies. In a statement, the trade ministry said it was still waiting for "substantive feedback from our US counterparts on the final status on our framework deal". .@SecScottBessent and @USTradeRep give an update from Stockholm following the latest round of trade talks with China: "We had great momentum going into the meeting thanks to the President's trade deals. I think that the Chinese were surprised by the magnitude." — Rapid Response 47 (@RapidResponse47) July 29, 2025 Trump said on Tuesday he had spoken with Treasury Secretary Scott Bessent who told him that he had a very good meeting with Chinese officials in Sweden. "He felt very good about the meeting, better than he felt yesterday," Trump told reporters aboard Air Force One on his way back to Washington DC after five days in Scotland. US and Chinese officials agreed to seek an extension of their 90-day tariff truce following two days of talks in Stockholm aimed at defusing an escalating trade war between the world's two biggest economies. No major breakthroughs were announced and US officials said it was up to Trump to decide whether to extend a trade truce that expires on August 12 or potentially let tariffs shoot back up to triple-digit figures. Asked about a possible trade deal with India, another major trading partner, Trump said no deal had been finalised and noted that India had higher tariffs than nearly all other countries.


News18
2 days ago
- Business
- News18
Trump Hails 'Good Relationship' With China Amid Tariff Talks
Last Updated: US President Trump stated that Washington has good relations with Beijing and hopes China will open its markets. US President Donald Trump on Monday said that Washington has good relations with Beijing, adding that he would like to see China open up its markets to the rest of the world. While speaking to reporters in Scotland alongside UK Prime Minister Keir Starmer, Trump said, 'We have a good relationship with China. We're all tough, yes, but we're going to see what happens … I'd love to see China open up their country… We just concluded our deal with Japan. It was very good — good for everybody. We're making great deals." . @POTUS on trade talks with China: 'We have a good relationship with China… We're going to see what happens. We just concluded our deal with Japan. It was very good — good for everybody. We're making great deals." — Rapid Response 47 (@RapidResponse47) July 28, 2025 The US President's response came after top US and Chinese officials met in Stockholm on Monday to resume talks to resolve longstanding economic disputes at the centre of a trade war between the world's top two economies. The fresh round of talks aimed to extend the truce deal by another three months. The current 90-day truce between the US and China – which saw the two countries temporarily lowering tariffs on each other – is set to end on 12 August. The meetings in Sweden – led on Washington's side by Treasury Secretary Scott Bessent and for Beijing by Vice Premier He Lifeng – came hours after Trump announced a framework tariffs deal with the European Union. Last week, Bessent said talks with China were in 'a very good place" and suggested the new round of talks could result in a second truce. On Monday, South China Morning Post reported that the US and China are expected to extend the truce by another three months. Meanwhile, the Financial Times reported that the US has frozen restrictions on technology exports to China to avoid hurting trade talks and help Trump secure a meeting with President Xi Jinping this year. The US president, in May 2025, had clarified his intentions behind striking a deal with China when he said that Beijing is in a trade surplus with Washington, and according to him, these are not good signs for America. 'China, as you know, has a tremendous trade surplus with us, and we can't, you know, we just can't have that," he had said back then, as quoted by The Telegraph. Without an agreement, global supply chains could face renewed turmoil from U.S. duties snapping back to triple-digit levels that would amount to a bilateral trade embargo. Previous US-China trade talks in Geneva and London in May and June focused on bringing the US and Chinese retaliatory tariffs down from triple-digit levels and restoring the flow of rare earth minerals halted by China and Nvidia's H20 AI chips and other goods halted by the United States. 'Geneva and London were really just about trying to get the relationship back on track so that they could, at some point, actually negotiate about the issues which animate the disagreement between the countries in the first place," Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington told news agency Reuters. view comments First Published: July 28, 2025, 21:03 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


News18
2 days ago
- Politics
- News18
'Can't Fake That': Donald Trump Flags 'Real Starvation' In Gaza, Says US Will Send Food
Donald Trump acknowledged that Gaza was facing "real starvation" as Israel's devastating military offensive has triggered fears of a mass hunger crisis and famine. US President Donald Trump on Monday said he would help with aid efforts in the battered Gaza Strip, acknowledging that the enclave was showing signs of 'real starvation" amid the raging conflict between Israel and Hamas. While speaking to reporters in Scotland alongside British Prime Minister Keir Starmer, Trump said the United States will set up 'food centres" in Gaza to help avert a deepening hunger crisis. 'We're going to set up food centres where the people can walk in — and no boundaries. We're not going to have fences," he said. 'We'll be helping with the food. We got a lot of food ourselves, and we are going to bring it over there. We are also going to make sure that they don't have barriers stopping people. You can see some areas where people are screaming for the food there, and they won't let them in as they have lines set up. We have to get rid of those lines," he added. 'We can save a lot of people. Some of the kids are… that's real starvation. I see it, and you can't fake that. We did some airdrops, and people are running for it. The Prime Minister (UK's Keir Starmer) is going to help us," he added. . @POTUS on Gaza: 'We'll be helping with the food … We're also going to make sure that they don't have barriers stopping people … We can save a lot of people. That's real starvation. I see it, and you can't fake that." — Rapid Response 47 (@RapidResponse47) July 28, 2025 Israel's devastating military offensive in Gaza, in response to Hamas-led attacks on October 7, 2023, that killed over 1,200 people, has killed nearly 60,000 Palestinians and reduced most of the enclave to rubble, triggering outrage over a growing humanitarian crisis. 'It's A Mess' Israel, under immense global outrage, carried out an air drop and announced a series of measures over the weekend to improve access for aid, including daily humanitarian pauses in three areas of Gaza and new safe corridors for convoys. However, UN agencies say those moves are not yet sufficient to alleviate famine-like conditions facing Gazans. Earlier on Monday, Trump said the number one priority in Gaza was getting people fed, because 'you have a lot of starving people", but declined to comment on French President Emmanuel Macron's decision to recognise Palestinian statehood. Trump said the US had provided $60 million for humanitarian aid, and other nations would have to step up. 'We're giving a lot of money and a lot of food, and other nations are now stepping up," he said. 'It's a mess. They have to get food and safety right now." The president also criticised the Hamas militant group for not agreeing to release more hostages, living and dead, and said he had told Israeli Prime Minister Benjamin Netanyahu that Israel's approach would likely have to change, while saying a ceasefire is still possible. Meanwhile, Spain on Monday said it would airdrop 12 tonnes of food into Gaza this week as the threat of famine stalks the Palestinian territory after 21 months of war. (with inputs from agencies) First Published: July 28, 2025, 19:39 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Indian Express
4 days ago
- Politics
- Indian Express
Trump warns immigration is ‘killing' Europe, urges leaders to ‘get act together'
US President Donald Trump on Saturday ramped up his rhetoric on immigration, claiming that it is 'killing' Europe and warned European leaders to take action or risk losing their continent. Speaking to reporters in Scotland after stepping off Air Force One, Trump said: 'On immigration, you better get your act together. You're not going to have Europe anymore. You got to get your act together.' 'You got to stop the horrible invasion that's happening to Europe, many countries in Europe.' Trump, whose own parents were European immigrants, his mother from Scotland and father of German descent, added that some leaders in Europe had resisted immigration pressures and should receive more recognition: 'Some [leaders] have not let it happen, and they're not getting the proper credit. I could name them right now, but I'm gonna embarrass other ones. This immigration is killing Europe.' .@POTUS in Scotland: 'On immigration, you better get your act together or you're not going to have Europe anymore … You got to stop this horrible invasion that's happening.' — Rapid Response 47 (@RapidResponse47) July 25, 2025 Trump also used the moment to highlight his hardline immigration stance in the United States, boasting about recent enforcement at the southern border. 'As you know, last month, we had nobody entering our country. We took out a lot of bad people that got there,' he said. Since returning to the White House in January, Trump has reintroduced aggressive immigration policies, including mass deportations and increased detentions. He has promised to launch the largest migrant deportation programme in US history, a plan that has drawn widespread criticism and sparked nationwide protests. The United Nations estimated in 2020 that Europe was home to roughly 87 million international migrants. Trump's comments came during a visit to Scotland, where he is expected to spend the weekend at his Turnberry golf resort before heading to Aberdeen to open a second golf course named in honour of his mother. He said he would meet with UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen during his European trip. According to Trump, the meeting with Starmer would be more of a celebration of an existing trade agreement. 'It's a great deal for both,' he said. Trump is also expected to meet Scottish First Minister John Swinney, who had endorsed Democratic candidate Kamala Harris during the 2024 US election.


NDTV
4 days ago
- Politics
- NDTV
"Stop The Horrible Invasion": Trump's Big Immigration Warning For Europe
US President Donald Trump on Saturday said that "immigration was killing" Europe and warned that it "needs to get its act together". Speaking to reporters on the tarmac after disembarking from Air Force One in Scotland, he said that "many" European countries need to stop this "horrible invasion". "On immigration, you better get your act together. You're not going to have Europe anymore. You got to get your act together," he said. 'You got to stop the horrible invasion that's happening to Europe, many countries in Europe,' Trump, whose father, Fred, and mother, Mary Anne MacLeod, emigrated to the US from Europe, said. He also said that "some" leaders have not let it happen, and they're not getting the "proper" credit. "I could name them right now, but I'm gonna embarrass other ones. This immigration is killing Europe," he added. . @POTUS in Scotland: "On immigration, you better get your act together or you're not going to have Europe anymore ... You got to stop this horrible invasion that's happening." — Rapid Response 47 (@RapidResponse47) July 25, 2025 Trump also bragged about cracking down on the US-Mexico border. "As you know, last month, we had nobody entering our country. We took out a lot of bad people that got there," he said. According to the United Nations' 2020 estimates, about 87 million international migrants were living in Europe. Trump has pursued a tough anti-immigration policy since he returned to the White House in January. He has vowed to lead the largest migrant deportation program in US history and has so far deported thousands of "aliens". His hardline migration policy, however, has also triggered widespread protests in the US, which has the largest immigrant population in the world. Trump's Europe Trip Donald Trump said he will visit his two golf properties in Scotland and hold meetings with UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen during his trip to Europe. He said his meeting with Starmer would be more of a celebration of the trade deal already reached than continued work on it. "It's a great deal for both." Trump will reportedly stay at his Turnberry property on Scotland's west coast this weekend and then travel on Monday to a golf property in Aberdeen, where he will open a second golf course named in honour of his mother, who was born and raised on a Scottish island before emigrating to the US. He is also likely to meet Scottish leader John Swinney, who had backed Democratic candidate Kamala Harris in the 2024 US presidential election.