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Canceled 'Late Show' host Colbert comes out swinging for Trump

Canceled 'Late Show' host Colbert comes out swinging for Trump

Japan Today5 days ago
"The Late Show," a storied U.S. TV franchise dating back to 1993 when it was hosted by David Letterman, will go off the air in May 2026.
By Gregory Walton and George Clyde
Stephen Colbert had an unflinching message for U.S. President Donald Trump in his first broadcast since his "Late Show" was canceled amid a political firestorm -- "the gloves are off."
Colbert, who addressed the cancelation of his show by a broadcaster that has been widely accused of seeking to curry favor with Trump for business reasons, came out swinging -- telling Trump to "go f... yourself."
"The Late Show," a storied U.S. TV franchise dating back to 1993 when it was hosted by David Letterman, will go off the air in May 2026 following a surprise announcement by broadcaster CBS last week.
The channel is part of Paramount, which is in the throes of an $8 billion takeover that requires approval by the Trump-controlled Federal Communications Commission. It pulled the plug three days after Colbert skewered CBS for settling a lawsuit with Trump.
He accused it of paying what he termed a "a big fat bribe" of $16 million to the president for what he called "deceptive" editing of an interview with his 2024 election opponent, former vice president Kamala Harris.
Trump reveled in the firing of one of his most prolific detractors, posting on his Truth Social platform that "I absolutely love that Colbert was fired."
Colbert joked Monday that it had always been his dream starting out as an improv comic in Chicago in the 1980s to have a sitting president celebrate the end of his career.
He also disputed the logic of CBS who insisted the cancelation was "purely a financial decision."
He said that in an anonymous leak over the weekend, CBS had appeared to suggest his show lost $40 million last year.
Colbert joked that he could account for losing $24 million annually -- but wasn't to blame for the other $16 million, a reference to CBS News's settlement with Trump.
Monday's cold open was an unsparing riff on Trump demanding that the Washington Commanders change its name back to its former name which was widely considered a slur against Native Americans.
The segment suggested Trump sought to rename the franchise the "Washington Epsteins," in reference to pedophile financier Jeffrey Epstein whom it has been widely reported was close to Trump.
Colbert returned to this topic after addressing his show's cancelation, proclaiming that they had killed his show but not him, and doing a deep dive on reporting about just how close Trump and Epstein were.
It was a formula that would have been familiar to fans of the show: the deadly serious leavened with humor and quick wit.
Outside the taping at Midtown Manhattan's Ed Sullivan theater, protesters held placards that said "Colbert Stays! Trump Must Go!"
Audience member Elizabeth Kott, a 48-year-old high school teacher, called Colbert's firing "terrible."
"It's really awful that it's come to that in this country, where companies feel the need to obey in advance. It's really awful," she told AFP.
'A plague on CBS'
Colbert's lead guest Monday, acclaimed actress Sandra Oh, did not hold back, proclaiming a "plague on CBS and Paramount" -- the network on which Colbert's channel is broadcast and its media giant proprietor.
Colbert's lip trembled as Oh paid tribute to his work speaking truth to power while staying funny.
His other guest, actor Dave Franco, said he had loved Colbert's work in everything from "The Daily Show" to "The Colbert Report" and then "The Late Show."
It was on "The Daily Show," under the supervision of comic "anchor" Jon Stewart, that Colbert perfected his alter-ego -- a blowhard conservative reporter whose studied ignorance parodied actual right-wing broadcasters night after night.
He moved up to a show of his own on the same network, Comedy Central, which was then part of Viacom and today is part of Paramount.
Before long he took one of the most coveted chairs in U.S. television -- host of the CBS late-night slot.
Colbert dropped his arrogant conservative persona and cultivated a reputation as one of the most trusted yet funniest figures on U.S. television.
Through the coronavirus pandemic he became a reassuring presence for millions, broadcasting from a spare room in his house and narrating the challenges he faced alongside his wife Evelyn.
He also became an arch-critic of Trump, skewering the president for everything from his policies to his fondness for Hannibal Lecter.
Skipping a promised question and answer session following the taping of Monday's show, Colbert told his studio audience that "I was nervous coming out here. I will miss you."
© 2025 AFP
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US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year
US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

The Mainichi

time16 minutes ago

  • The Mainichi

US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

WASHINGTON (AP) -- When top U.S. and Chinese officials meet in Stockholm, they are almost certain to agree to at least leaving tariffs at the current levels while working toward a meeting between their presidents later this year for a more lasting trade deal between the world's two largest economies, analysts say. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold talks for the third time this year -- this round in the Swedish capital, nearly four months after President Donald Trump upset global trade with his sweeping tariff proposal, including an import tax that shot up to 145% on Chinese goods. "We have the confines of a deal with China," Trump said Friday before leaving for Scotland. Bessent told MSNBC on Wednesday that the two countries after talks in Geneva and London have reached a "status quo," with the U.S. taxing imported goods from China at 30% and China responding with a 10% tariff, on top of tariffs prior to the start of Trump's second term. "Now we can move on to discussing other matters in terms of bringing the economic relationship into balance," Bessent said. He was referring to the U.S. running a $295.5 billion trade deficit last year. The U.S. seeks an agreement that would enable it to export more to China and shift the Chinese economy more toward domestic consumer spending. The Chinese embassy in Washington said Beijing hopes "there will be more consensus and cooperation and less misperception" coming out of the talks. With an eye on a possible leaders' summit, Stockholm could provide some answers as to the timeline and viability of that particular goal ahead of a possible meeting between Trump and Chinese leader Xi Jinping. "The meeting will be important in starting to set the stage for a fall meeting between Trump and Xi," said Wendy Cutler, a former U.S. trade negotiator and now vice president at the Asia Society Policy Institute. "Beijing will likely insist on detailed preparations before they agree to a leaders' meeting." In Stockholm, the two sides are likely to focus on commercial announcements to be made at a leaders' summit as well as agreements to address "major irritants," such as China's industrial overcapacity and its lack of control over chemicals used to make fentanyl, also to be announced when Xi and Trump should meet, Cutler said. Sean Stein, president of the U.S.-China Business Council, said Stockholm could be the first real opportunity for the two governments to address structural reform issues including market access in China for U.S. companies. What businesses will be seeking coming out of Stockholm would largely be "the atmosphere" -- how the two sides characterize the discussions. They will also look for clues about a possible leaders' summit because any real deal will hinge on the two presidents meeting each other, he said. Fentanyl-related tariffs are likely a focus for China In Stockholm, Beijing will likely demand the removal of the 20% fentanyl-related tariff that Trump imposed earlier this year, said Sun Yun, director of the China program at the Washington-based Stimson Center. This round of the U.S.-China trade dispute began with fentanyl, when Trump in February imposed a 10% tariff on Chinese goods, citing that China failed to curb the outflow of the chemicals used to make the drug. The following month, Trump added another 10% tax for the same reason. Beijing retaliated with extra duties on some U.S. goods, including coal, liquefied natural gas, and farm products such as beef, chicken, pork and soy. In Geneva, both sides climbed down from three-digit tariffs rolled out following Trump's "Liberation Day" tariffs in April, but the U.S. kept the 20% "fentanyl" tariffs, in addition to the 10% baseline rate -- to which China responded by keeping the same 10% rate on U.S. products. These across-the-board duties were unchanged when the two sides met in London a month later to negotiate over non-tariff measures such as export controls on critical products. The Chinese government has long protested that American politicians blame China for the fentanyl crisis in the U.S. but argued the root problem lies with the U.S. itself. Washington says Beijing is not doing enough to regulate precursor chemicals that flow out of China into the hands of drug dealers. In July, China placed two fentanyl ingredients under enhanced control, a move seen as in response to U.S. pressure and signaling goodwill. Gabriel Wildau, managing director at the consultancy Teneo, said he doesn't expect any tariff to go away in Stockholm but that tariff relief could be part of a final trade deal. "It's possible that Trump would cancel the 20% tariff that he has explicitly linked with fentanyl, but I would expect the final tariff level on China to be at least as high as the 15-20% rate contained in the recent deals with Japan, Indonesia, Vietnam," Wildau said. US wants China to dump less, buy less oil from Russia and Iran China's industrial overcapacity is as much a headache for the United States as it is for the European Union. Even Beijing has acknowledged the problem but suggested it might be difficult to address. America's trade imbalance with China has decreased from a peak of $418 billion in 2018, according to the Census Bureau. But China has found new markets for its goods and as the world's dominant manufacturer ran a global trade surplus approaching $1 trillion last year -- somewhat larger than the size of the U.S. overall trade deficit in 2024. And China's emergence as a manufacturer of electric vehicles and other emerging technologies has suddenly made it more of a financial and geopolitical threat for those same industries based in the U.S., Europe, Japan and South Korea. "Some enterprises, especially manufacturing enterprises, feel more deeply that China's manufacturing capabilities are too strong, and Chinese people are too hardworking. Factories run 24 hours a day," Chinese Premier Li Qiang said on Thursday when hosting European Commission President Ursula von der Leyen in Beijing. "Some people think this will cause some new problems in the balance of supply and demand in world production." "We see this problem too," Li said. Bessent also said the Stockholm talks could address Chinese purchases of Russian and Iranian oil. However, Wildau of Teneo said China could demand some U.S. security concessions in exchange, such as a reduced U.S. military presence in East Asia and scaled-back diplomatic support for Taiwan and the Philippines. This would likely face political pushback in Washington. The Stockholm talks will be "geared towards building a trade agreement based around Chinese purchase commitments and pledges of investment in the U.S. in exchange for partial relief from U.S. tariffs and export controls," Wildau said. He doubts there will be a grand deal. Instead, he predicts "a more limited agreement based around fentanyl." "That," he said, "is probably the preferred outcome for China hawks in the Trump administration, who worry that an overeager Trump might offer too much to Xi."

US-EU Deal Sets a 15% Tariff on Most Goods and Averts the Threat of a Trade War with a Global Shock
US-EU Deal Sets a 15% Tariff on Most Goods and Averts the Threat of a Trade War with a Global Shock

Yomiuri Shimbun

time16 minutes ago

  • Yomiuri Shimbun

US-EU Deal Sets a 15% Tariff on Most Goods and Averts the Threat of a Trade War with a Global Shock

EDINBURGH, Scotland (AP) — The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher imports on both sides that might have sent shock waves through economies around the globe. The sweeping announcement came after President Donald Trump and European Commission chief Ursula von der Leyen met briefly at Trump's Turnberry golf course in Scotland. Their private sit-down culminated months of bargaining, with the White House deadline Friday nearing for imposing punishing tariffs on the EU's 27 member countries. 'It was a very interesting negotiation. I think it's going to be great for both parties,' Trump said. The agreement, he said, was 'a good deal for everybody' and 'a giant deal with lots of countries.' Von der Leyen said the deal 'will bring stability, it will bring predictability, that's very important for our businesses on both sides of the Atlantic.' Many facets will require more work As with other, recent tariff agreements that Trump announced with countries including Japan and the United Kingdom, some major details remain pending in this one. Trump said the EU had agreed to buy some $750 billion worth of U.S. energy and invest $600 billion more than it already is in America — as well as make a major military equipment purchase. He said tariffs 'for automobiles and everything else will be a straight across tariff of 15%' and meant that U.S. exporters 'have the opening up of all of the European countries.' Von der Leyen said the 15% tariffs were 'across the board, all inclusive' and that 'indeed, basically the European market is open.' At a later news conference away from Turnberry, she said the $750 billion in additional U.S. energy purchases was actually over the next three years — and would help ease the dependence on natural gas from Russia among the bloc's countries. 'When the European Union and the United States work together as partners, the benefits are tangible,' Von der Leyen said, noting that the agreement 'stabilized on a single, 15% tariff rate for the vast majority of EU exports' including cars, semiconductors and pharmaceuticals. '15% is a clear ceiling,' she said. But von der Leyen also clarified that such a rate wouldn't apply to everything, saying that both sides agreed on 'zero for zero tariffs on a number of strategic products,' like all aircraft and component parts, certain chemicals, certain generic drugs, semiconductor equipment, some agricultural products, natural resources and critical raw materials. It is unclear if alcohol will be included in that list. 'And we will keep working to add more products to this list,' she said, while also stressing that the 'framework means the figures we have just explained to the public, but, of course, details have to be sorted out. And that will happen over the next weeks.' Further EU approval needed In the meantime, there will be work to do on other fronts. Von der Leyen had a mandate to negotiate because the European Commission handles trade for member countries. But the Commission must now present the deal to member states and EU lawmakers, who will ultimately decide whether or not to approve it. Before their meeting began, Trump pledged to change what he characterized as 'a very one-sided transaction, very unfair to the United States.' 'I think both sides want to see fairness,' the Republican president told reporters. Von der Leyen said the U.S. and EU combined have the world's largest trade volume, encompassing hundreds of millions of people and trillions of dollars and added that Trump was 'known as a tough negotiator and dealmaker.' 'But fair,' Trump said. Trump has spent months threatening most of the world with large tariffs in hopes of shrinking major U.S. trade deficits with many key trading partners. More recently, he had hinted that any deal with the EU would have to 'buy down' a tariff rate of 30% that had been set to take effect. But during his comments before the agreement was announced, the president was asked if he'd be willing to accept tariff rates lower than 15%, and he said 'no.' First golf, then trade talk Their meeting came after Trump played golf for the second straight day at Turnberry, this time with a group that included sons Eric and Donald Jr. In addition to negotiating deals, Trump's five-day visit to Scotland is built around golf and promoting properties bearing his name. A small group of demonstrators at the course waved American flags and raised a sign criticizing British Prime Minister Keir Starmer, who plans his own Turnberry meeting with Trump on Monday. Other voices could be heard cheering and chanting 'Trump! Trump!' as he played nearby. On Tuesday, Trump will be in Aberdeen, in northeastern Scotland, where his family has another golf course and is opening a third next month. The president and his sons plan to help cut the ribbon on the new course. The U.S. and EU seemed close to a deal earlier this month, but Trump instead threatened the 30% tariff rate. The deadline for the Trump administration to begin imposing tariffs has shifted in recent weeks but is now firm and coming Friday, the administration insists. 'No extensions, no more grace periods. Aug. 1, the tariffs are set, they'll go into place, Customs will start collecting the money and off we go,' U.S. Commerce Secretary Howard Lutnick told 'Fox News Sunday' before the EU deal was announced. He added, however, that even after that 'people can still talk to President Trump. I mean, he's always willing to listen.' Without an agreement, the EU said it was prepared to retaliate with tariffs on hundreds of American products, ranging from beef and auto parts to beer and Boeing airplanes. If Trump eventually followed through on his threat of tariffs against Europe, meanwhile, it could have made everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals more expensive in the United States. 'I think it's great that we made a deal today, instead of playing games and maybe not making a deal at all,' Trump said. 'I think it's the biggest deal ever made.'

State of play in Trump's tariffs, threats and delays
State of play in Trump's tariffs, threats and delays

Japan Today

timean hour ago

  • Japan Today

State of play in Trump's tariffs, threats and delays

US President Donald Trump is set to raise tariffs on dozens of trading partners come August 1, if they do not reach deals with Washington By Beiyi SEOW Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington. Here is a summary of duties President Donald Trump has introduced in his second term as he pressures allies and competitors alike to reshape US trade relationships. Global tariffs US "reciprocal" tariffs -- imposed under legally contentious emergency powers -- are due to jump from 10 percent to various steeper levels for a list of dozens of economies come August 1, including South Korea, India and Taiwan. The hikes were to take effect July 9 but Trump postponed them days before imposition, marking a second delay since their shock unveiling in April. A 10 percent "baseline" levy on most partners, which Trump imposed in April, remains in place. He has also issued letters dictating tariff rates above 10 percent for individual countries, including Brazil, which has a trade deficit with the United States and was not on the initial list of higher "reciprocal" rates. Several economies -- the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines -- have struck initial tariff deals with Washington, while China managed to temporarily lower tit-for-tat duties. Certain products like pharmaceuticals, semiconductors and lumber are excluded from Trump's "reciprocal" tariffs, but may face separate action under different authorities. This has been the case for steel, aluminum, and soon copper. Gold and silver, alongside energy commodities, are also exempted. Excluded too are Mexico and Canada, hit with a different set of tariffs, and countries like Russia and North Korea as they already face sanctions. Canada, Mexico Canadian and Mexican products were hit by 25 percent US tariffs shortly after Trump returned to office, with a lower rate for Canadian energy. Trump targeted both neighbors over illegal immigration and fentanyl trafficking, also invoking emergency powers. But trade negotiations have been bumpy. This month, Trump said Canadian goods will face a higher 35 percent duty from August 1, and Mexican goods will see a 30 percent level. Products entering the United States under the USMCA North American free trade pact, covering large swaths of goods, are expected to remain exempt -- with Canadian energy resources and potash, used as fertilizer, to still face lower rates. China focus Trump has also taken special aim at China. The world's two biggest economies engaged in an escalating tariffs war this year before their temporary pullback. The countries imposed triple-digit duties on each other at one point, a level described as a trade embargo. After high level talks, Washington lowered its levies on Chinese goods to 30 percent and Beijing slashed its own to 10 percent. This pause is set to expire August 12, and officials will meet for further talks on Monday and Tuesday in the Swedish capital Stockholm. The US level is higher as it includes a 20 percent tariff over China's alleged role in the global fentanyl trade. Beyond expansive tariffs on Chinese products, Trump ordered the closure of a duty-free exemption for low-value parcels from the country. This adds to the cost of importing items like clothing and small electronics. Autos, metals Trump has targeted individual business sectors too, under more conventional national security grounds, imposing a 25 percent levy on steel and aluminum imports which he later doubled to 50 percent. The president has unveiled plans for a 50 percent tariff on copper imports starting August 1 as well and rolled out a 25 percent tariff on imported autos, although those entering under the USMCA can qualify for a lower rate. Trump's auto tariffs impact vehicle parts too, but new rules ensure automakers paying vehicle tariffs will not also be charged for certain other duties. He has ongoing investigations into imports of lumber, semiconductors, pharmaceuticals and critical minerals that could trigger further duties. Legal challenges Several legal challenges have been filed against the tariffs Trump invoked citing emergencies. The US Court of International Trade ruled in May that the president had overstepped his authority, but a federal appeals court has allowed the duties to remain while it considers the case. If these tariffs are ultimately ruled illegal, companies could possibly seek reimbursements. © 2025 AFP

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