Latest news with #axios
Indian Express
18-05-2025
- Politics
- Indian Express
Israel to resume Gaza aid transfers via existing channels
Israel decided on Sunday to resume the transfer of humanitarian aid to Gaza through existing channels until a new mechanism is put in place, Axios reporter Barak Ravid said on X, citing two senior Israeli officials. NEW: Israeli Cabinet approves resuming immediate humanitarian aid to Gaza. My story on @axios — Barak Ravid (@BarakRavid) May 18, 2025 Israel has accused Hamas of stealing aid, which the group denies, and has blocked all aid to Gaza since March 2, demanding Hamas release all remaining hostages.
Al Manar
09-05-2025
- Politics
- Al Manar
Trump Urges Russia-Ukraine Ceasefire, Threatens Sanctions in Pursuit of Peace
In a significant development aimed at de-escalating the protracted Russia-Ukraine conflict, former US President Donald Trump has issued a forceful call for a 30-day unconditional ceasefire between Moscow and Kyiv. The announcement, made via Trump's Truth Social platform, underscores the United States' commitment to supporting diplomatic efforts to bring an end to the devastating war that has gripped the region. NEW: Trump calls for Russia-Ukraine ceasefire, threatens sanctions if 'not respected' — Axios (@axios) May 8, 2025 Trump's statement carries a stern warning: should either side fail to respect the sanctity of the proposed ceasefire, the US and its allies stand ready to impose further punitive sanctions. The former president's intervention comes at a critical juncture, as global leaders intensify their search for pathways to reduce hostilities and pave the way for meaningful peace negotiations. Trump's willingness to leverage his political clout and engage directly in the peace process, if called upon, signals a renewed sense of urgency in finding a resolution to the conflict. Earlier on Thursday, Ukrainian President Volodymyr Zelensky shared in a post on X that he had a 'good' phone conversation with Trump, during which he informed the US leader that Kiev is prepared for an immediate 30-day ceasefire with Russia.
Al Manar
10-04-2025
- Business
- Al Manar
Trump Blinks in Trade War as Market Turmoil Looms
US President Donald Trump abruptly paused planned tariff hikes on most countries on Thursday, sending global markets surging with optimism. However, the reprieve was short-lived as Trump simultaneously escalated the trade war with China, slapping a staggering 125% tariff on Chinese imports. The mixed signals from the White House came amid growing concerns over the impact of the trade dispute on the US economy. Trump acknowledged that he was closely monitoring bond markets, where rising yields had sparked 'a little queasy' among investors. While the president claimed he was being 'flexible' in pausing tariffs for nearly all countries, the move to dramatically ramp up pressure on China marked a dramatic escalation in the deepening standoff between the world's two largest economies. Trump says tariffs pause was 'written from the heart, and I think it was well written' — Axios (@axios) April 10, 2025 Beijing wasted no time in retaliating, imposing an 84% tariff on American goods effective immediately. The tit-for-tat measures underscored the fragility of the trade negotiations, which Trump insisted would eventually lead to a deal. 'A deal's going to be made with China. A deal's going to be made with every one of them,' the president said, though he expressed uncertainty over China's negotiating strategy, claiming the Chinese leadership 'don't quite know how to go about it.' Despite the market turbulence, Trump dismissed suggestions that he had backtracked on his tough trade stance. 'You have to be flexible,' he told reporters. However, his decision to hold off on further tariff hikes on China suggested a growing recognition of the economic risks posed by the escalating trade war. The European Union, meanwhile, had already announced retaliatory steps targeting US products, including soybeans, motorcycles, and cosmetics, valued at over 20 billion euros. These countermeasures are expected to take effect next week. However, the EU notably refrained from responding to the separate tariffs of 20 percent that were implemented on Wednesday. As the trade landscape continues to shift, markets and governments alike are bracing for further developments, with the US-China economic clash showing no signs of abating.
Al Manar
03-04-2025
- Business
- Al Manar
Trump Declares ‘Liberation Day' as He Imposes Sweeping Tariffs Worldwide
In a move that risks igniting a global trade war, US President Donald Trump on Wednesday unveiled sweeping tariffs, branding the decision as 'Liberation Day' for American industry. Speaking from the White House Rose Garden, Trump claimed the United States had been 'looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.' He then signed an executive order to impose 'reciprocal tariffs on countries throughout the world' based on how they treat the US. 'This is Liberation Day,' Trump proclaimed, adding that it would 'forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed.' The tariffs, which the White House says are driven by a 'national emergency' over persistent trade deficits, will take effect this weekend, with higher rates on the 'worst offenders' scheduled to follow next week. Trump directed some of the steepest tariffs at China (34%), the European Union (20%), and Japan (24%), though he claimed he was being 'very kind' by only imposing half the amount that those countries tax US exports. World leaders react to Trump's sweeping tariffs — Axios (@axios) April 3, 2025 The move, which Trump has been signaling for weeks, is aimed at protecting American industry and ushering in a new 'Golden Age.' However, many economists warn the tariffs could push the US into recession as costs trickle down to consumers and global trade tensions escalate. The announcement sent the dollar falling 1% against the euro and other major currencies. It also prompted an immediate backlash, with the EU pledging to respond 'before the end of April' and the UK warning that a 'trade war is in nobody's interest.' Despite the criticism, Trump remained steadfast, insisting that tariffs are the solution to America's trade imbalances and economic struggles. But critics argue that US businesses and consumers will ultimately bear the cost.
Al Manar
05-03-2025
- Business
- Al Manar
Trump's Historic Congressional Address: From Egg Prices to Flag on Mars
In a lengthy Congressional address, former President Donald Trump declared, 'America is back,' setting the tone for a speech that touched on a multitude of hot-button issues including soaring egg prices, the fight against 'wokeness,' and even aspirations for a flag on Mars. This unprecedented address drew significant attention not only for its length but also for the charged political atmosphere as Democrats disrupted proceedings, leading Speaker Mike Johnson to denounce the interruptions as a 'breach of decorum' and ultimately remove Congressman Al Green from Texas. 100 minutes of the world according to Trump — Axios (@axios) March 5, 2025 Trump outlined sweeping policy reversals, including a freeze on federal hiring, regulations, and foreign aid. He highlighted his decision to terminate what he called the 'ridiculous Green New Scam,' boasting of withdrawing from international agreements that he deemed detrimental to American interests, including the Paris Climate Accord and the World Health Organization. Turning to domestic economic issues, Trump placed the blame for skyrocketing egg prices squarely on President Biden, vowing to combat inflation as a key priority of his administration. He proclaimed, 'We're working hard to get it back down,' while promising a national energy emergency to tap into America's vast energy resources. 'It's called drill, baby, drill,' he enthused, pledging to enhance production of critical minerals and rare earths. The former president also outlined a bold trade policy, announcing a 25% tariff on foreign aluminum, copper, lumber, and steel, stating that this would not only protect American jobs but also safeguard 'the soul of our country.' He expressed a commitment to reshaping U.S. foreign trade dynamics, pledging to address what he called long-standing injustices suffered at the hands of trade partners like Canada and Mexico. As the address wrapped up, Trump even touched on ambitions that reached beyond Earth, hinting at plans for a US flag on Mars—a symbolic nod to the nation's goals in space exploration. As the speech unfolded, the partisan divide in Congress was palpable, yet Trump's message resonated with many supporters keen on his vision of a resurgent America, free from what he describes as the shackles of bureaucracy and social issues. The implications of this address will likely continue to dominate discussions throughout the political landscape as the nation moves forward.
