
Russia hammers Kyiv in largest missile and drone barrage since war in Ukraine began
'I'm not happy about that. I'm not happy about that,' Trump said of Russia's war in Ukraine. 'I don't think he's looking to stop' the war, Trump said later of Putin.
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According to Yuri Ushakov, Putin's foreign affairs adviser, the Russian leader emphasized that Moscow will seek to achieve its goals in Ukraine and remove the 'root causes' of the conflict.
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'Russia will not back down from these goals,' Ushakov told reporters after the call.
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Russia's army crossed the border on Feb. 24, 2022, in an all-out invasion that Putin sought to justify by falsely saying it was needed to protect Russian-speaking civilians in eastern Ukraine and prevent the country from joining NATO. Zelenskyy has repeatedly called out Russian disinformation efforts.
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The U.S. has paused some shipments of military aid to Ukraine, including crucial air defense missiles. Ukraine's main European backers are considering how they can help pick up the slack. Zelenskyy says plans are afoot to build up Ukraine's domestic arms industry, but scaling up will take time.
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The Ukrainian response needs to be speedy as Russia escalates its aerial attacks. Russia launched 5,438 drones at Ukraine in June, a new monthly record, according to official data collated by The Associated Press. Ukrainian Foreign Minister Andrii Sybiha said earlier this week that Russia also launched more than 330 missiles, including nearly 80 ballistic missiles, at Ukrainian towns and cities that month.
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Throughout the night, AP journalists in Kyiv heard the constant buzzing of drones overhead and the sound of explosions and intense machine gun fire as Ukrainian forces tried to intercept the aerial assault.
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'Absolutely horrible and sleepless night in Kyiv,' Ukrainian Foreign Minister Andrii Sybiha wrote on social media platform X. 'One of the worst so far.'
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Ukraine's Economy Minister Yuliia Svyrydenko described 'families running into metro stations, basements, underground parking garages, mass destruction in the heart of our capital.'
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'What Kyiv endured last night, cannot be called anything but a deliberate act of terror,' she wrote on X.
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Kyiv was the primary target of the countrywide attack. At least 14 people were hospitalized, according to Kyiv Mayor Vitali Klitschko.
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Zelenskyy called the Kyiv attack 'cynical.' In Moscow, the Defense Ministry claimed its forces targeted factories producing drones and other military equipment in Kyiv.
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Ukrainian air defenses shot down 270 targets, including two cruise missiles. Another 208 targets were lost from radar and presumed jammed.
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Russia successfully hit eight locations with nine missiles and 63 drones. Debris from intercepted drones fell across at least 33 sites.
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Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Trump's previous tariffs terrified the world economy. He's betting this time is different
WASHINGTON (AP) — When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged. Only three months later, he's betting this time is different. In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists. On Tuesday, he told his Cabinet that past presidents who hadn't aggressively deployed tariffs were 'stupid.' Ever the salesman, Trump added that it was 'too time-consuming' to try to negotiate trade deals with the rest of the world, so it was just easier to send them letters, as he's doing this week, that list the tariff rates on their goods. The letters marked a change from his self-proclaimed April 2 'Liberation Day' event at the White House, where he had posterboards with the rates displayed, a choice that led to a brief market meltdown and the 90-day negotiating period with baseline 10% tariffs that will end Wednesday. Trump, instead, chose to send form letters with random capitalizations and punctuation and other formatting issues. 'It's a better way,' Trump said of his letters. 'It's a more powerful way. And we send them a letter. You read the letter. I think it was well crafted. And, mostly it's just a little number in there: You'll pay 25%, 35%. We have some of at 60, 70.' When Trump said those words, he had yet to issue a letter with a tariff rate higher than 40%, which he levied Monday on Laos and Myanmar. He plans to put 25% tariffs on Japan and South Korea, two major trading partners and allies deemed crucial for curbing China's economic influence. Leaders of the 14 countries tariffed so far hope to negotiate over the next three weeks before the higher rates are charged on imports. 'I would say that every case I'm treating them better than they treated us over the years,' Trump said. Three possible outcomes His approach is at odds with how major trade agreements have been produced over the last half-century, detailed sessions that could sometimes take years to solve complex differences between nations. There are three possible outcomes to this political and economic wager, each of which could drastically reshape international affairs and Trump's legacy. Trump could prove most economic experts wrong and the tariffs could deliver growth as promised. Or he could retreat again on tariffs before their Aug. 1 start in a repeat of the 'Trump Always Chickens Out' phenomenon, also known as TACO. Or he could damage the economy in ways that could boomerang against the communities that helped return him to the White House last year, as well as hurt countries that are put at a financial disadvantage by the tariffs. Sen. Ron Wyden, D-Ore., said Trump's letters had 'extended his tariff purgatory for another month,' essentially freezing in place the U.S. economy as CEOs, foreign leaders and consumers are unclear of Trump's actual strategy on foreign trade. 'The TACO negotiating tactic pioneered by Trump is making his threats less and less credible and reducing our trading partners' willingness to even meet us halfway,' Wyden said. 'There's no sign that he's any closer to striking durable trade deals that would actually help American workers and businesses.' So far, the stock and bond markets are relatively calm, with the S&P 500 stock index essentially flat Tuesday after a Monday decline. Trump is coming off a legislative win with his multitrillion-dollar income tax cuts. And he's confidently levying tariffs at levels that previously rocked global markets, buoyed by the fact that inflation has eased so far instead of accelerating as many economists and Democratic rivals had warned. 'By floating tariffs as high as 40% to even 100%, the administration has 'normalized' the 25% tariff hikes — yet this is still one of the most aggressive and disruptive tariff moves in modern history,' said Wendong Zhang, an economist at Cornell University. 'This gradual unveiling, paradoxically, risks normalizing what would otherwise be considered exceptionally large tariff hikes.' Questions about how much money tariffs will generate With Trump's 90-day tariff negotiation period ending, he has so far sent letters to 14 countries that place taxes on imported goods ranging from 25% to 40%. He said he would sign an order Tuesday to place 50% tariffs on copper and said at the Cabinet meeting that at some point pharmaceutical drugs could face tariffs of as much as 200%. All of that is on top of his existing 50% tariffs on steel and aluminum, 25% tariffs on autos and his separate import taxes on Canada, Mexico and China. 'The obvious inference is that markets for now are somewhat skeptical that Trump will go through with it, or alternatively they think compromises will be reached,' said Ben May, a director of global economic research at the consultancy Oxford Economics. 'That's probably the key element.' May said the tariffs are likely to reduce the growth in U.S. household incomes, but not cause those incomes to shrink outright. Trump has said his tariffs would close U.S. trade imbalances, though it's unclear why he would target nations such as Tunisia that do relatively little trade with America. Administration officials say trillions of dollars in tariff revenues over the next decade would help offset the revenue losses from the continuation and expansion of his 2017 tax cuts that were signed into law Friday. Monday Mornings The latest local business news and a lookahead to the coming week. The federal government has collected $98.2 billion in tariff revenues so far this year, more than double what it collected last year, according to the Bipartisan Policy Center. At Tuesday's Cabinet meeting, Treasury Secretary Scott Bessent said the tariff revenues could be 'well over $300 billion by the end of the year.' Bessent added that 'we don't agree' with the Congressional Budget Office estimate that tariffs would bring in $2.8 trillion over 10 years, 'which we think is probably low.' The governments of Japan, South Korea, Malaysia, Myanmar, Thailand, Cambodia and South Africa have each said they hope for further negotiations on tariffs with Trump, though it's unclear how that's possible as Trump has said it would be too 'complicated' to hold all those meetings. Instead on Tuesday, Trump posted on social media that the tariffs would be charged as scheduled starting Aug. 1. 'There has been no change to this date, and there will be no change,' Trump said on Truth Social. 'No extensions will be granted. Thank you for your attention to this matter!'


Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Supreme Court clears the way for Trump's plans to downsize the federal workforce
WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump's plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs. The justices overrode lower court orders that temporarily froze the cuts, which have been led by the Department of Government Efficiency. The court said in an unsigned order that no specific cuts were in front of the justices, only an executive order issued by Trump and an administration directive for agencies to undertake job reductions. Justice Ketanji Brown Jackson was the only dissenting vote, accusing her colleagues of a 'demonstrated enthusiasm for greenlighting this President's legally dubious actions in an emergency posture.' Trump has repeatedly said voters gave him a mandate to remake the federal government, and he tapped billionaire ally Elon Musk to lead the charge through DOGE. Musk recently left his role. Tens of thousands of federal workers have been fired, have left their jobs via deferred resignation programs or have been placed on leave. There is no official figure for the job cuts, but at least 75,000 federal employees took deferred resignation and thousands of probationary workers have already been let go. In May, U.S. District Judge Susan Illston found that Trump's administration needs congressional approval to make sizable reductions to the federal workforce. By a 2-1 vote, a panel of the U.S. 9th Circuit Court of Appeals refused to block Illston's order, finding that the downsizing could have broader effects, including on the nation's food-safety system and health care for veterans. Illston directed numerous federal agencies to halt acting on the president's workforce executive order signed in February and a subsequent memo issued by DOGE and the Office of Personnel Management. Illston was nominated by former Democratic President Bill Clinton. Monday Mornings The latest local business news and a lookahead to the coming week. The labor unions and nonprofit groups that sued over the downsizing offered the justices several examples of what would happen if it were allowed to take effect, including cuts of 40% to 50% at several agencies. Among the agencies affected by the order are the departments of Agriculture, Energy, Labor, the Interior, State, the Treasury and Veterans Affairs. It also applies to the National Science Foundation, Small Business Association, Social Security Administration and Environmental Protection Agency.

an hour ago
Trump announces tariff rates for numerous countries
Début du widget Widget. Passer le widget ? Fin du widget Widget. Retourner au début du widget ? U.S. President Donald Trump sent letters to governments around the world on Monday informing them of the tariff rates he would impose starting Aug. 1 — though Canada's July 21 deadline to reach a deal appears to remain. Trump said he would impose a 25 per cent tariff on imports from Japan and South Korea beginning Aug. 1 as he unveiled the first two of an expected 12 letters to trading partners outlining the new levies they face. If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25 per cent that we charge, Trump said in letters to the leaders of the two Asian countries, which he posted on his Truth Social platform. Later, Trump also announced the U.S. will impose 25 per cent tariffs on Malaysia and Kazakhstan, 30 per cent on South Africa and 40 per cent on Laos and Myanmar. The rate for South Korea is the same as Trump initially announced on April 2, which he was calling Liberation Day, while the rate for Japan is one point higher than first announced. A week later, he capped all of the so-called reciprocal tariffs at 10 per cent until July 9 to allow for negotiations. Only two agreements have been reached so far — with Britain and Vietnam. There was no immediate response from the Japanese or South Korean embassies. Country-specific U.S. tariffs will not be stacked on top of sectoral duties, a White House official said on Monday when asked about Japan and South Korea. About 12 countries will receive letters from Trump, White House spokesperson Karoline Leavitt said at a briefing without identifying them. She said Trump would sign an executive order on Monday formally delaying the July 9 deadline to Aug. 1. There will be additional letters in the coming days, Leavitt said, adding that we are close on some deals. The European Union will not be receiving a letter setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday. U.S. stocks fell in response, the latest market ruction since Trump unleashed a global trade war on his return to office in January. His moves have repeatedly whipsawed financial markets and sent policymakers scrambling to protect their economies. U.S. stocks were driven to near bear-market territory by his cascade of tariff announcements through the early spring but quickly rebounded to record highs in the weeks after he put the stiffest levies on hold on April 9. The S&P 500 on Monday was down nearly one per cent, its biggest drop in three weeks. U.S.-listed shares of Japanese automotive companies fell, with Toyota Motor down 4.1 per cent at mid-afternoon trading and Honda Motor off by 3.8 per cent. The dollar surged against both the Japanese yen and the South Korean won. U.S. Treasury Secretary Scott Bessent said earlier on Monday he expected several trade announcements to be made in the next 48 hours, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal by the deadline. Bessent did not say which countries could get deals and what they might contain. Trump has kept much of the world guessing on the outcome of months of talks with countries hoping to avoid the hefty tariff hikes he has threatened. Countries have scrambled to hammer out deals before the Wednesday deadline. South Korea and Indonesia dispatched representatives to Washington, while Thailand submitted a new trade proposal offering zero tariffs on many U.S. goods. We've had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals, Bessent said in an interview with CNBC. So it's going to be a busy couple of days. Canada likely not affected While other countries were hit with high rates on Liberation Day, Canada was spared any additional pain on April 2. Because the looming trade deal that was set for July 9 related to tariffs the U.S. president handed out three months ago, Canada is not under the same pressure to make a deal in the coming days. Instead, Prime Minister Mark Carney Trump agreed in March to negotiate a new security and economic partnership, and have been working toward that since Carney visited the White House in early May. Last month, the two leaders set July 21 as the deadline for reaching that deal. WATCH | Why Carney scrapped the digital service tax: Début du widget Widget. Passer le widget ? Fin du widget Widget. Retourner au début du widget ? Scrapping digital service tax is part of U.S. negotiations, Carney says Prime Minister Mark Carney said on Monday that scrapping the digital services tax was one part of the bigger trade negotiation with the U.S., though the White House said Carney 'caved' when trade talks were cancelled. Talks have since resumed. However, Canada is still being hit with fentanyl-related tariffs. Those 25 per cent tariffs, with a lower 10 per cent levy on energy and potash, only apply to exports not compliant with the Canada-U.S.-Mexico Agreement (CUSMA) on trade. Canada is also being hit with Trump's tariffs on steel, aluminum and automobiles. That doesn't mean Canadians won't feel the impact of Trump's trade negotiations this week, however, as high tariff rates imposed on other nations could still disrupt the global trading system and impact Canadians indirectly. EU still working to reach deal For its part, the European Union still aims to reach a trade deal by July 9 after European Commission President Ursula von der Leyen and Trump had a good exchange, a Commission spokesperson said. It was not clear, however, whether there had been a meaningful breakthrough in talks to stave off tariff hikes on the United States' largest trading partner. Adding to the pressure, Trump threatened to impose a 17 per cent tariff on EU food and agriculture exports, it emerged last week. Trump had said on Sunday the U.S. was close to finalizing several trade pacts and would notify other countries by July 9 of higher tariff rates. He said they would not take effect until Aug. 1, a three-week reprieve. He also put members of the developing nations' BRICS group in his sights as its leaders met in Brazil, threatening an additional 10 per cent tariff on any BRICS countries aligning themselves with anti-American policies. The new 10 per cent tariff will be imposed on individual countries if they take anti-American policy actions, a source familiar with the matter said. The BRICS group comprises Brazil, Russia, India and China and South Africa along with recent joiners Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Thomson Reuters with files from the Canadian Press