
Revoking de minimis will lead to diminishing of US in global trade: Hinrich Foundation

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Hamilton Spectator
17 minutes ago
- Hamilton Spectator
Israel and Hamas are inching toward a new ceasefire deal for Gaza. This is how it might look
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu is in Washington Monday to meet U.S. President Donald Trump, who has been pushing for a ceasefire that might lead to an end to the 21-month war in Gaza. Israel and Hamas are considering a new U.S.-backed ceasefire proposal that would pause the war, free Israeli hostages and send much-needed aid flooding into Gaza. It also aims to open broader talks about ending the conflict. Negotiations have repeatedly stalled over Hamas' demands for an end to the war and complete Israeli withdrawal from Gaza, while Israel wants Hamas to surrender and disarm before it ends the war. While the final details have yet to be agreed to by the sides, The Associated Press obtained a copy of the proposal sent by mediators to Hamas. Here is a look at how the truce might look, according to that draft: — The truce would last 60 days. — 10 living hostages and the remains of 18 would be released in phases throughout the truce. — Palestinian prisoners held by Israel will be released in exchange for the hostages, although precise numbers were not detailed. — Humanitarian aid entering Gaza would be ramped up significantly and would be distributed by the United Nations. The proposal makes no mention of the U.S.- and Israeli-backed Gaza Humanitarian Foundation. — Israeli forces would withdraw to a buffer zone along Gaza's borders with Israel and Egypt. Israel has seized large swaths of the territory since ending a previous ceasefire in March. — On the first day of the truce, the sides are expected to begin negotiations toward an end to the war, but no timeline is mentioned. — The mediators — the U.S., Egypt and Qatar — will serve as guarantors to make sure the sides negotiate in good faith. — While there is no guarantee the war would end, the proposal states that Trump insists the talks during the truce 'would lead to a permanent resolution of the conflict.' — If the negotiations toward ending the war are not complete after 60 days, the ceasefire may be extended. — The proposal says Trump will personally announce the ceasefire deal once it is reached. ___ Follow news of the war: Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .


Business Insider
19 minutes ago
- Business Insider
TikTok to Launch New Version of U.S. App Amid Looming Sale
China's social media giant TikTok is reportedly developing a new version of its U.S. app amid the looming threat of a potential ban or sale in the country. The news was first reported by The Information on Sunday, citing sources familiar with the matter. TikTok parent ByteDance is planning to launch the new app version in the U.S. on September 5, ahead of the extended deadline of September 17. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. U.S. President Donald Trump has extended the deadline for TikTok's ban or sale in the U.S. for the third time in order to find suitable 'non-Chinese' buyers for its U.S. operations. Last week, Trump noted that he has found a group of very wealthy buyers for the app, but that China's approval would be required for the potential sale. He is expected to start talks with China on Monday or Tuesday and is confident that Beijing will approve the sale. TikTok Aims to Stay in the U.S. Market TikTok boasts approximately 170 million American users and seeks to continue operations in the lucrative U.S. market through these strategic negotiations. According to available information, TikTok plans to launch the new app on U.S. app stores on September 5. Users will eventually need to download the new app to continue using the service. However, the existing app will also remain functional until March 2026, subject to the completion of a sale. An earlier deal for the sale of TikTok's U.S. operations to American buyers was in progress but was set aside following the imposition of stringent reciprocal U.S. tariffs on China. TikTok's problem came into focus last year after former President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), which requires TikTok to sell its U.S. operations to non-Chinese owners. The White House is concerned about the potential leakage of Americans' private data to Chinese officials through the app. However, TikTok and ByteDance have repeatedly denied any such wrongdoing. Currently, TikTok continues to operate in the U.S. under its original version but faces intense scrutiny and must find a resolution quickly to avoid a nationwide ban. We used the TipRanks Stock Comparison Tool for Top Social Media Stocks to determine which stocks are currently favored by analysts. Investors can choose to invest in any of these stocks after thorough research. Currently, Pinterest (PINS) and Meta Platforms (META) have earned Wall Street's Strong Buy consensus rating, with PINS stock reflecting a higher upside potential in the next 12 months.


Newsweek
19 minutes ago
- Newsweek
Warning Issued Over Iranians Trying to Enter US: What to Know
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Federal authorities issued a warning to Border Patrol agents after a leaked memo showed that Iranian nationals may be planning to enter the United States illegally with assistance from Mexican drug cartels. Newsweek has contacted Customs and Border Protection for comment via email outside office hours. Why It Matters A Border Patrol alert issued a week earlier warned that the likelihood of Iranian sleeper cells inside the U.S. was higher than ever. Agents were instructed not to travel alone as a precaution. Iranians have been thrust into the national spotlight in the U.S. following President Donald Trump's recent strike on Iran's nuclear facilities. The U.S. Border Patrol has encountered more than 2,500 Iranian nationals at the southwest border since the beginning of 2021. It remains unknown how many were released into the country under the Biden administration. Migrants walking near the U.S.-Mexico border in Ciudad Juarez, Mexico, on December 19, 2022. Migrants walking near the U.S.-Mexico border in Ciudad Juarez, Mexico, on December 19, 2022. Christian Chavez/AP What To Know According to a memo obtained by NewsNation, Border Patrol received intelligence indicating that 35 Iranian nationals planned to cross the border between the Calexico and San Luis ports of entry from July 1 to July 5. Agents patrolling the Calexico-to-San Luis corridor have been ordered to stay alert and be prepared for possible encounters. The warning also suggested that the smuggling operation could be facilitated by powerful cartels, including the Jalisco New Generation Cartel (CJNG) and Los Salazar. Los Salazar is a relatively small armed wing of the Sinaloa Cartel, founded by Adán "Don Adán" Salazar Zamorano in the early 2000s. Primarily active in Sonora and parts of Chihuahua, the group specializes in trafficking cocaine across the U.S. border and has been linked to migrant smuggling operations. After Don Adán's 2023 extradition to the U.S., leadership passed to his brother Crispín Salazar Zamorano, who continues to maintain the group's close ties to the sons of "El Chapo" and control key smuggling corridors. The CJNG emerged in 2009 from the Milenio Cartel's splintering and is led by Nemesio Oseguera Cervantes, also known as "El Mencho." It controls major drug routes—especially for fentanyl and methamphetamine—throughout Mexico and has established a presence in all 32 federal entities and at least a dozen countries. It is one of Mexico's most powerful and globally networked criminal organizations. On the first day of his second term, Trump signed an executive order designating Mexican drug cartels and other Latin American criminal groups as terrorist organizations. According to the order, the groups "threaten the safety of the American people, the security of the United States, and the stability of the international order in the Western Hemisphere." What People Are Saying The memo obtained by NewsNation said: "On Sunday, June 29, 2025, HSI Tip Line received information concerning 35 illegal Aliens of Iranian descent who may attempt entry into the U.S. between the Calexico and San Luis Port of Entry between July. 1, 2025 (today) until July. 5, 2025. Tipster advised that Los Salazars and CJNG may be involved."