logo
Trump announces new weapons for Ukraine, threatens tariffs on Russia

Trump announces new weapons for Ukraine, threatens tariffs on Russia

Al Jazeeraa day ago
Trump announces new weapons for Ukraine, threatens tariffs on Russia NewsFeed
Saying he was 'very unhappy' with Russian President Vladimir Putin, US President Donald Trump announced a shipment of weapons for Ukraine while threatening tariffs on Russia and its trading partners.
Video Duration 00 minutes 47 seconds 00:47
Video Duration 03 minutes 10 seconds 03:10
Video Duration 00 minutes 39 seconds 00:39
Video Duration 02 minutes 42 seconds 02:42
Video Duration 02 minutes 30 seconds 02:30
Video Duration 00 minutes 41 seconds 00:41
Video Duration 01 minutes 40 seconds 01:40
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US slaps 17% duty on most Mexican fresh tomatoes
US slaps 17% duty on most Mexican fresh tomatoes

Qatar Tribune

time2 hours ago

  • Qatar Tribune

US slaps 17% duty on most Mexican fresh tomatoes

Agencies The United States is imposing antidumping duties on most imports of fresh tomatoes from Mexico, the US Commerce Department said Monday as Washington alleged its neighbor engaged in unfair trade. The duties, set at 17.09 percent, come after Washington moved to terminate a 2019 agreement that staved off such charges. 'Mexico remains one of our greatest allies, but for far too long our farmers have been crushed by unfair trade practices that undercut pricing on produce like tomatoes. That ends today,' Commerce Secretary Howard Lutnick said in a statement. 'This rule change is in line with President (Donald) Trump's trade policies and approach with Mexico,' he said. Mexico is a dominant supplier of US fresh tomato imports, and the US Commerce Department said that antidumping duties are calculated to measure the percentage by which Mexican tomatoes were sold in the country at 'unfair prices.' The United States had announced it was withdrawing from the tomato agreement in April, arguing that the action was meant to help American tomato growers compete fairly. But observers have expressed concern that the duties could cause a spike in tomato prices. On Monday, the Mexican government said it was working with tomato producers to limit the effects of the 17 percent duty. 'We are working together to minimize the impact,' President Claudia Sheinbaum said at her regular morning press conference, without giving details.

Prosecutor asks Brazil's SC to find Bolsonaro guilty of coup
Prosecutor asks Brazil's SC to find Bolsonaro guilty of coup

Qatar Tribune

time2 hours ago

  • Qatar Tribune

Prosecutor asks Brazil's SC to find Bolsonaro guilty of coup

Agencies Brasília A prosecutor asked Brazil's Supreme Court on Tuesday to find ex-president Jair Bolsonaro guilty of plotting a coup, in closing arguments after a trial that saw US President Donald Trump try to intervene on behalf of his right-wing ally. Brazil's former president Jair Bolsonaro could face a sentence of up to 40 years in prison if convicted of mounting a coup Bolsonaro is accused of seeking to overturn the 2022 election won by his left-wing opponent, current President Luiz Inacio Lula da Silva. The prosecution told the court that former army officer Bolsonaro and seven others were guilty of participating in 'armed criminal association' and had sought to 'violently overthrow the democratic order.' The case now goes to Justice Alexandre de Moraes. If found guilty, Bolsonaro and his co-defendants could face up to 40 years in prison. Bolsonaro, who served as president from 2019-2023 before Lula replaced him, says he is the victim of a political persecution. Prosecutors say Bolsonaro tried to overturn his 2022 loss in a plot that only failed because the military did not side with him. Violent supporters then rioted, rampaging through government buildings in the capital Brasilia in scenes that echoed the assault on the US Capitol by Trump's supporters after the Republican lost to Democrat Joe Biden in 2020. The trial has attracted attention from Trump, who returned to power in the 2024 election and continues to claim -- despite this being rejected repeatedly by the courts -- that he won in 2020. Trump has repeatedly called on social media for Bolsonaro's trial to be stopped, accusing the authorities in Brazil of mounting a 'witch hunt' and a 'disgrace.' On July 9, he took his campaign to extraordinary new levels by announcing plans to tariff Brazilian imports to the United States at 50 percent. Unlike the tariffs Trump is slapping on countries around much of the world, including top US allies, the measures against Brazil -- which are set to take effect August 1 -- were announced in openly political terms. Trump cited 'Brazil's insidious attacks on Free Elections' among other issues, warning of further escalation if the country retaliated -- something Lula indicated would happen. On Friday, Trump reiterated his claim that Bolsonaro was being unfairly treated. 'They're treating President Bolsonaro very unfairly,' Trump told reporters, calling him 'a good man.' 'I know the honest ones, and I know the crooked ones,' he added. Lula has hit back at Trump's 'interference,' insisting that 'no one is above the law.'

Asian shares mostly finish higher although worries continue over Trump's tariffs
Asian shares mostly finish higher although worries continue over Trump's tariffs

Qatar Tribune

time2 hours ago

  • Qatar Tribune

Asian shares mostly finish higher although worries continue over Trump's tariffs

Agencies Asian shares were mostly higher in Tuesday trading, despite lingering worries about President Donald Trump's latest updates to his tariffs that weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.6% to finish at 39,678.02. Australia's S&P/ASX 200 added 0.7% to 8,630.30. South Korea's Kospi edged up 0.4% to 3,215.28. Hong Kong's Hang Seng rose 0.9% to 24,423.87, while the Shanghai Composite dipped 0.4% to 3,505.00, after the Chinese government reported that growth slowed in the last quarter as Trump's trade war escalated. Tuesday's data showed the economy expanded at a robust 5.2% annual pace, compared with 5.4% annual growth in January-March. In quarterly terms, the world's second-largest economy expanded by 1.1%, according to government data. Despite worries about the damage Trump's tariffs may have on the region's exporters, speculation continues that he may ultimately back down on them. They don't take effect until Aug. 1, which leaves time for more negotiations. On Wall Street Monday, the S&P 500 edged up by 0.1%, the Dow Jones Industrial Average added 0.2% and the Nasdaq composite rose 0.3%. A nationwide election for the upper house of Japan's Parliament, set for Sunday, also added to the wait-and-see attitude among market players. Analysts say the ruling pro-business Liberal Democratic Party may face an uphill battle and will likely need coalition partners, including possibly new ones, to keep its grip on power. If Trump were to enact all his proposed tariffs on Aug. 1, they would raise the risk of a recession. That would not only hurt American consumers but also raise the pressure on the U.S. government's debt level relative to the economy's size, particularly after Washington approved big tax cuts that will add to the deficit. 'We therefore believe that the administration is using this latest round of tariff escalation to maximize its negotiating leverage and that it will ultimately de-escalate, especially if there is a new bout of heightened bond and stock market volatility,' according to Ulrike Hoffmann-Burchardi, global head of equities at UBS Global Wealth Management. 'As usual, there are many conditions and clauses that can get these rates reduced,' said Brian Jacobsen, chief economist at Annex Wealth Management. 'That's probably why the market might not like the tariff talk, but it's not panicking about it either.' For the time being, the uncertainty around tariffs could help keep markets unsteady.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store