
CNA Correspondent - What's next for Japan after PM Ishiba's Upper House election loss?
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CNA
9 hours ago
- CNA
South Korea seeks mutually agreeable US trade package as Aug 1 tariff deadline looms
SEOUL: South Korea will prepare a trade package that is mutually agreeable with the United States ahead of minister-level meetings planned next week and a US tariff-pause deadline of Aug 1, the presidential office said on Saturday (Jul 26). The package will include shipbuilding cooperation, a sector of high interest to US Commerce Secretary Howard Lutnick, who discussed the matter with South Korea's Industry Minister Kim Jung-kwan on Friday, it said in a statement. Friday's meeting was a follow-up to a meeting on Thursday, where Lutnick and Kim reaffirmed their commitment to reach a trade deal by Aug 1, after a joint meeting of finance ministers and top trade envoys that had been scheduled for Friday was postponed. South Korea, facing 25 per cent tariffs, is rushing to reach a trade deal with Washington, with National Security Adviser Wi Sung-lac visiting the US recently for high-level talks and Minister for Trade Yeo Han-koo also in the US for negotiations, as pressure grows on officials to clinch a deal that is no worse than Japan's that cut tariffs to 15 per cent. South Korea's trade negotiations with the US have included non-tariff barriers in the agricultural and digital service sectors, but foreign exchange has not been part of trade talks beyond usual consultations, according to South Korean officials. US President Donald Trump arrived in Scotland on Friday for bilateral talks with European Commission President Ursula von der Leyen on Sunday, which could yield a trade deal with the European Union, after making a deal earlier this week with Japan and the Philippines. Next week, US officials will hold a new round of trade talks with China in Sweden for an extension to a separate deadline of Aug 12 set between the two countries. South Korea's Finance Minister Koo Yun-cheol and Foreign Minister Cho Hyun will also hold meetings with US Treasury Secretary Scott Bessent and State Secretary Marco Rubio, respectively, next week.


CNA
13 hours ago
- CNA
China's Premier Li Qiang proposes global AI cooperation organisation
SHANGHAI: Chinese Premier Li Qiang on Saturday (Jul 26) proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology. Speaking at the opening of the annual World Artificial Intelligence Conference (WAIC) in Shanghai, Li called AI a new engine for growth, but added that governance is fragmented and emphasised the need for more coordination between countries to form a globally recognised framework for AI. The three-day event brings together industry leaders and policymakers at a time of escalating technological competition between China and the United States - the world's two largest economies - with AI emerging as a key battleground. "Currently, overall global AI governance is still fragmented. Countries have great differences, particularly in terms of areas such as regulatory concepts, institutional rules," Li said. "We should strengthen coordination to form a global AI governance framework that has broad consensus as soon as possible," he said. Washington has imposed export restrictions on advanced technology to China, including the most high-end AI chips made by companies such as Nvidia and chipmaking equipment, citing concerns that the technology could enhance China's military capabilities. Despite these restrictions, China has continued making AI breakthroughs that have drawn close scrutiny from US officials. Li did not name the United States in his speech, but he warned that AI could become an "exclusive game" for a few countries and companies, and said challenges included an insufficient supply of AI chips and restrictions on talent exchange. China wanted to share its development experience and products with other countries, especially those in the Global South, Li said. WAIC is an annual government-sponsored event in Shanghai that typically attracts major industry players, government officials, researchers and investors. Tesla CEO Elon Musk, who has in past years regularly appeared at the opening ceremony both in-person and via video, did not speak this year. Besides forums, the conference also features exhibitions where companies demonstrate their latest innovations. This year, more than 800 companies are participating, showcasing more than 3,000 high-tech products, 40 large language models, 50 AI-powered devices and 60 intelligent robots, according to organisers. The exhibition features predominantly Chinese companies, including tech giants Huawei and Alibaba and startups such as humanoid robot maker Unitree. Western participants include Tesla, Alphabet and Amazon.


CNA
19 hours ago
- CNA
Trade on agenda as Trump lands in Scotland for diplomacy and golf
TURNBERRY, United Kingdom: US President Donald Trump landed in Scotland on Friday (Jul 25) for a five-day visit set to mix diplomacy, business and leisure, as a huge UK security operation swung into place amid planned protests near his family-owned golf resorts. The president, whose mother was born in Scotland, will split his time between two seaside golf courses bearing his name, in Turnberry on the southwestern coast and Aberdeen in the northeast. Air Force One, carrying the president and White House staff, touched down at Prestwick Airport near Glasgow shortly before 8.30pm local time (7.30pm GMT). Police officers lined surrounding streets and several hundred curious Scots came out hoping for a glimpse of the US leader as he then made his way to Turnberry by motorcade. Trump has no public events scheduled for Saturday and is expected to play golf at his picturesque resort, before meeting EU chief Ursula von der Leyen on Sunday for trade talks. Trump is also due to meet UK Prime Minister Keir Starmer during the trip. He said the meeting would be "more of a celebration than a workout", appearing to row back on previous comments that a bilateral trade deal struck in May needed "fine tuning". "The deal is concluded," he told reporters on the tarmac at Prestwick. But the unpredictable American leader appeared unwilling to cede to a UK request for reduced steel and aluminium tariffs. Trump has exempted British exports from blanket 50 per cent tariffs on both metals, but the fate of that carve-out remains unclear. "If I do it for one, I have to do it for all," Trump said in Washington before embarking on his flight, when asked if he had any "wiggle room" for the UK on the issue. The international outcry over the conflict in Gaza may also be on the agenda, as Starmer faces growing pressure to follow French President Emmanuel Macron and announce that Britain will also recognise a Palestinian state. PROTESTS Trump is due to return to the UK in September for a state visit - his second - at the invitation of King Charles III, which promises to be lavish. During a 2023 visit, Trump said he felt at home in Scotland, where his mother Mary Anne MacLeod grew up on the remote Isle of Lewis before emigrating to the United States at age 18. "He's original, he does things the way he wants to. I think a lot of our politicians could take a good leaf out of his book," 45-year-old Trump fan Lisa Hart told AFP as she waited to see his plane touch down. But the affection between Trump and Scotland is not always mutual. Residents, environmentalists and elected officials have voiced discontent over the Trump family's construction of a new golf course, which he is expected to open before he departs the UK on Tuesday. Police Scotland, which is bracing for mass protests in Edinburgh and Aberdeen as well as close to Trump's golf courses, have said there will be a "significant operation across the country over many days". Scottish First Minister John Swinney, who will also meet Trump during the visit, said the nation "shares a strong friendship with the United States that goes back centuries". Trump has also stepped into the sensitive debate in the UK about green energy and reaching net zero, with Aberdeen being the heart of Scotland's oil industry. In May, he wrote on his Truth Social platform that the UK should "stop with the costly and unsightly windmills" as he urged incentivising drilling for oil in the North Sea. US DISCONTENT The trip to Scotland puts physical distance between Trump and the latest twists in the case of convicted sex offender Jeffrey Epstein, the wealthy financier accused of sex trafficking who died in prison in 2019 before facing trial. In his heyday, Epstein was friends with Trump and others in the New York jet-set, but the president is now facing backlash from his own MAGA supporters who demand access to the Epstein case files. Many support a conspiracy theory under which "deep state" elites protected rich and famous people who took part in an Epstein sex ring. But Trump is urging his supporters to move on from the case. The Wall Street Journal, which published an article detailing longstanding links between Trump and the sex offender, is being punished by the White House. Its reporting team plans to travel to Scotland on their own and join the White House press pool. But it has now been denied a seat on Air Force One for the flight back home. While Trump's family has undertaken many development projects worldwide, the president no longer legally controls the family holdings.