Trump says US will send Patriot missiles to Ukraine: 'They desperately need' them
Trump did not specify how many weapons systems the United States would provide, but told reporters that it had not been agreed upon yet. The United States, Trump stressed, would not pay for them as he heaped fresh criticism on Russian President Vladimir Putin.
"We will send them Patriots, which they desperately need," Trump told reporters at Joint Base Andrews on July 13. "Putin really surprised a lot of people. He talks nice and then he bombs everybody in the evening... there's a little bit of a problem there. I don't like it."
Ukrainian President Volodymyr Zelensky has asked for more defensive capabilities to fend off a daily barrage of missile and drone attacks from Russia. Trump announced the plan while speaking to reporters after returning from the FIFA Club World Cup match in New Jersey and ahead of an expected meeting at the White House with NATO Secretary General Mark Rutte.
He said in an interview with NBC News last week that the United States would be sending weapons to NATO that the military alliance would fund. 'We are not paying for any more weapons,' Trump told NBC at the time.
FIFA Club World Cup: Trump awards trophy amid boos, that one awkward moment
Contributing: Reuters
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Trump-Backed Crypto Blitz Could Shake Up Tesla and Wall Street--Here's What's Coming
Congress just fired the opening shot of what some in D.C. are calling Crypto Week. Lawmakers are fast-tracking a stablecoin bill that could become the first major crypto legislation to land on the president's desksetting the tone for a string of upcoming votes that might reshape how digital assets are regulated in the U.S. The bill, which already passed the Senate with bipartisan backing, lays out reserve requirements for dollar-backed stablecoins and hands enforcement to state or federal regulators. Supporters say this could finally unlock mainstream adoption. Critics see a different storyone of political influence and conflicts of interest, especially with the Trump family's growing crypto empire. Warning! GuruFocus has detected 4 Warning Signs with NBIS. But there's more coming. The House is also preparing votes on two additional measures: one that redraws the market structure for cryptoshifting oversight from the SEC to the more industry-friendly CFTCand another that would block the Federal Reserve from issuing a digital dollar. That second bill could ripple into macro strategy. Stocks like Tesla (NASDAQ:TSLA), which still holds Bitcoin on its books, as well as Coinbase (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR), are likely to move if these rules begin tipping the scales in favor of digital asset companies. Hearings are underway in both the Senate Banking and Agriculture Committees, with a draft market structure bill expected by the end of the month. The goal: get something aligned before the September 30 deadline. Of course, not everyone's cheering. House Democrat Maxine Waters and Senator Elizabeth Warren are pushing back hard, warning that the bills don't do enough to protect consumersand open the door to regulatory capture, especially given Trump's personal stakes in the crypto sector. Waters is planning her own anti-crypto corruption week in protest. Still, the momentum seems real. With bipartisan movement and mounting institutional interest, this could be the first crack in the wall separating Washington from Wall Street's crypto bets. This article first appeared on GuruFocus. Inicia sesión para acceder a tu cartera de valores
Bloomberg
27 minutes ago
- Bloomberg
Live Q&A: The Future of US Clean Energy Under Trump's Tax Law
The major tax and spending bill signed into law by President Donald Trump is a sharp pivot in US clean energy policy. The law will impact solar, wind and electric vehicle projects across the country — even in conservative states that saw an infusion of green investments and jobs. What can investors, companies and homeowners expect? Ahead of Bloomberg Green Seattle, Akshat Rathi will speak with Ari Natter, Michelle Ma and Mark Chediak in a Live Q&A on Monday, July 14 at 1pm EDT. Bloomberg digital subscribers and Terminal clients have exclusive access to sign in and ask our team questions during the live broadcast. A recording of this conversation will be made available to listen and share.
CNN
31 minutes ago
- CNN
Americans could pay more for these items from Mexico and the EU if Trump makes good on his latest tariff threats
President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America's largest trading partners: the European Union and Mexico. Those tariffs are set to take effect August 1, unless either party inks a trade deal or takes other measures that cause the president to reverse course. If that does not happen, Americans could get stuck paying more for an extensive list of goods. But as is the case with the various tariffs Trump has already imposed — including the nearly universal 10% and the 25% tariffs on goods from Canada and Mexico that don't already comply with his own free-trade deal known as the United States-Mexico-Canada-Agreement — it can take time for tariffs to translate into higher prices. For instance, inflation reports from the last three months have shown prices have remained stable despite higher tariffs. The Trump administration maintains that 'the cost of tariffs will be borne by foreign exporters who rely on access to the American economy, the world's biggest and best consumer market,' Kush Desai, a White House spokesperson, said in a statement to CNN. That's not exactly the full story, though, given importers pay tariffs up front, and while they may absorb some of the tax themselves, oftentimes they end up having to pass it on to consumers via higher prices. If Trump follows through with the 30% tariffs, here's what Americans could shell out more money for: Already, tomato prices are poised to increase as of Monday, with a key tomato-specific free-trade agreement between the United States and Mexico set to expire. But that's hardly the only produce Mexico ships to the US that could get more expensive. Last year, the US imported $46 billion of agricultural products from Mexico, according to data from the US Department of Agriculture. That includes $8.3 billion worth of fresh vegetables and $9 billion of fresh fruits, with avocados accounting for $3.1 billion of that total. Many of the EU's biggest exports to the US are already facing higher tariffs in Trump's second term. That includes 25% tariffs on cars and car parts as well as 50% tariffs on steel and aluminum. Trump has also said tariffs on semiconductors and pharmaceuticals, two other big sources of EU exports to the US, are in the works. The 30% tariffs on the EU, if implemented, would be 'separate' from sectoral tariffs, Trump said in his letter to European Commissioner President Ursula von der Leyen. Putting those sectoral tariffs aside, Americans may have to pay more for another top EU export to the US: medical equipment. Last year the US imported $16 billion worth of medical equipment and surgical supplies from the EU, according to US Commerce Department data. After Trump slapped higher tariffs on China in his first term, the US has looked more to Mexico for electronics than to China, which used to be a preferred source. Now, as the US's biggest trading partner, the top foreign source of electronic goods that came in to the US last year was Mexico. That includes $49 billion worth of computers, $20 billion worth of electrical equipment and $13 billion of audio and video equipment. Mexico and the EU each shipped over $11 billion worth of beer, wine and distilled spirits to the US last year, according to USDA data. Meanwhile, the EU has previously indicated it would respond to higher tariffs by taxing American alcoholic beverages at higher levels. That's why the Distilled Spirits Council of the US, whose members include Constellation Brands, Brown-Forman and Bacardi, among several others, has been advocating against higher tariffs on alcohol, especially from the EU, given the negative impact it can have on domestic producers.
