Latest news with #AndrewCaballero-Reynolds
Toronto Sun
09-07-2025
- Business
- Toronto Sun
Trump sends out tariff letters to 7 more countries but avoids major US trade partners
Published Jul 09, 2025 • 4 minute read Donald Trump speaks to reporters at Joint Base Andrews in Maryland on July 3. Photo by Andrew Caballero-Reynolds / Photographer: Andrew Caballero-R WASHINGTON — President Donald Trump sent out tariff letters to seven smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account None of the countries targeted in the letters — the Philippines, Brunei, Moldova, Algeria, Libya, Iraq and Sri Lanka — is a major industrial rival to the United States. It's a sign that a president who has openly expressed his love for the word 'tariff' is still infatuated with the idea that taxing trade will create prosperity for America. Most economic analyses say the tariffs will worsen inflationary pressures and subtract from economic growth, but Trump has used the taxes as a way to assert the diplomatic and financial power of the U.S. on both rivals and allies. His administration is promising that the taxes on imports will lower trade imbalances, offset some of the cost of the tax cuts he signed into law on Friday and cause factory jobs to return to the United States. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Trump, during a White House meeting with African leaders talked up trade as a diplomatic tool. Trade, he said, 'seems to be a foundation' for him to settle disputes between India and Pakistan, as well as Kosovo and Serbia. 'You guys are going to fight, we're not going to trade,' Trump said. 'And we seem to be quite successful in doing that.' On Monday, Trump placed a 35% tariff on Serbia, one of the countries he was using as an example of how fostering trade can lead to peace. Trump said the tariff rates in his letters were based on 'common sense' and trade imbalances, adding that he would be sending a letter on Wednesday or Thursday to Brazil. Trump suggested he had not thought of penalizing the countries whose leaders were meeting with him in the Oval Office — Liberia, Senegal, Gabon, Mauritania and Guinea-Bissau — as 'these are friends of mine now.' This advertisement has not loaded yet, but your article continues below. Countries are not complaining about the rates outlined in his letters, he said, even though those tariffs are close to the ones announced April 2 that rattled financial markets. The S&P 500 index was up slightly in Wednesday afternoon trading. 'We really haven't had too many complaints because I'm keeping them at a very low number, very conservative as you would say,' Trump said. Officials for the European Union, a major trade partner and source of Trump's ire on trade, said Tuesday that they are not expecting to receive a letter from Trump listing tariff rates. The Republican president started the process of announcing tariff rates on Monday by hitting two major U.S. trading partners, Japan and South Korea, with import taxes of 25%. This advertisement has not loaded yet, but your article continues below. According to Trump's letters, imports from Libya, Iraq, Algeria and Sri Lanka would be taxed at 30%, those from Moldova and Brunei at 25% and those from the Philippines at 20%. The tariffs would start Aug. 1. The Census Bureau reported that last year U.S. ran a trade imbalance on goods of $1.4 billion with Algeria, $5.9 billion with Iraq, $900 million with Libya, $4.9 billion with the Philippines, $2.6 billion with Sri Lanka, $111 million with Brunei and $85 million with Moldova. The imbalance represents the difference between what the U.S. exported to those countries and what it imported. Taken together, the trade imbalances with those seven countries are essentially a rounding error in a U.S. economy with a gross domestic product of $30 trillion. This advertisement has not loaded yet, but your article continues below. The letters were posted on Truth Social after the expiration of a 90-day negotiating period with a baseline levy of 10%. Trump is giving countries more time to negotiate with his Aug. 1 deadline, but he has insisted there will be no extensions for the countries that receive letters. Maros Sefcovic, the EU's chief trade negotiator, told EU lawmakers in Strasbourg, France, on Wednesday that the EU had been spared the increased tariffs contained in the letters sent by Trump and that an extension of talks until Aug. 1 would provide 'additional space to reach a satisfactory conclusion.' Trump on April 2 proposed a 20% tariff for EU goods and then threatened to raise that to 50% after negotiations did not move as fast as he would have liked, only to return to the 10% baseline. The EU has 27 member states, including France, Germany, Italy and Spain. This advertisement has not loaded yet, but your article continues below. The tariff letters are worded aggressively in Trump's style of writing. He frames the tariffs as an invitation to 'participate in the extraordinary Economy of the United States,' adding that the trade imbalances are a 'major threat' to America's economy and national security. The president threatened additional tariffs on any country that attempts to retaliate. He said he chose to send the letters because it was too complicated for U.S. officials to negotiate with their counterparts in the countries with new tariffs. It can take years to broker trade accords. Japanese Prime Minister Shigeru Ishiba interpreted the Aug. 1 deadline as a delay to allow more time for negotiations, although he cautioned in remarks that the tariffs would hurt his nation's domestic industries and employment. Malaysia's trade minister, Zafrul Aziz, said Wednesday that his country would not meet all of the U.S. requests after a Trump letter placed a 25% tariff on its goods. Aziz said U.S. officials are seeking changes in government procurement, halal certification, medical standards and digital taxes. Aziz he indicated those were red lines. Secretary of State Marco Rubio is set to arrive Thursday in Malaysia's capital of Kuala Lumpur. RECOMMENDED VIDEO Olympics Basketball Uncategorized Toronto & GTA Toronto & GTA
Sinar Daily
08-07-2025
- Business
- Sinar Daily
US imposes 25 per cent tariff on all Malaysian products starting August
This is one percentage point higher compared to what had been announced in April. 08 Jul 2025 08:52am US President Donald Trump. Photo by Andrew Caballero-Reynolds/AFP KUALA LUMPUR - The United States has imposed a higher tariff of 25 percent on any and all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1, this year. This is one percentage point higher compared to what had been announced in April. In a letter to Prime Minister Datuk Seri Anwar Ibrahim posted on Truth Social account on Monday, US President Donald Trump said "the 25 per cent number is far less than what is needed to eliminate the trade deficit disparity we have with your country". In a letter to Prime Minister Datuk Seri Anwar Ibrahim posted on Truth Social account on Monday, US President Donald Trump said "the 25 per cent number is far less than what is needed to eliminate the trade deficit disparity we have with your country". Photo by Bernama However, the letter also said that there would be no tariff if Malaysia, or Malaysian companies, decide to build or manufacture products within the United States and that Washington "will do everything possible to get approvals quickly, professionally, and routinely - in other words, in a matter of weeks". Trump also said that if Malaysia decided to raise tariffs, the number that the country imposed will be added onto the 25 per cent that US is charging. Malaysia has been negotiating the US tariff with Washington since April, with the aim to lessen the 24 per cent tariff imposed earlier, with the latest talks held on June 18 this year. This announcement came ahead of the US Secretary of State Marco Rubio's first trip to Kuala Lumpur for the ASEAN-US post ministerial conference and other meetings of the 58th ASEAN Foreign Ministers Meeting and related meetings starting today. - BERNAMA More Like This
Newsweek
23-06-2025
- Climate
- Newsweek
Pet Warning Issued to Millions of Americans Across 29 States
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. Americans across 29 states have received heat-related warnings from the National Weather Service (NWS) as of early Monday, with the agency cautioning against leaving pets in cars amid "dangerously hot conditions" in some areas. Why It Matters The heat dome over the eastern U.S. originated in the Plains and Midwest, where temperatures in the 90s and above 100 degrees Fahrenheit have persisted since late last week, according to forecasters at AccuWeather. Authorities caution that spending prolonged periods outdoors without proper hydration or ways to stay cool may result in heat-related illnesses. A couple using an umbrella for shade during a severe heat wave at Gravelly Point in Arlington, Virginia, on June 22. A couple using an umbrella for shade during a severe heat wave at Gravelly Point in Arlington, Virginia, on June 22. Andrew Caballero-Reynolds/AFP via Getty Images What To Know As of early Monday, extreme heat warnings were in effect across parts of the following states: Connecticut Delaware Illinois Indiana Maryland Massachusetts Michigan Missouri New Hampshire New Jersey New York North Carolina Ohio Rhode Island Vermont Virginia West Virginia "An Extreme Heat Warning means that a period of very hot temperatures, even by local standards, will occur," the NWS said. "Actions should be taken to lessen the impact of the extreme heat." The NWS warned of "dangerously hot conditions," adding that heat index levels—reflecting how hot it feels when humidity is included—were forecast to climb into the triple digits in these regions. "Do not leave young children and pets in unattended vehicles," the agency said. "Car interiors will reach lethal temperatures in a matter of minutes," the NWS added. The service also advised drinking plenty of fluids, staying in an air-conditioned room, staying out of the sun, and checking on relatives and neighbors. Meanwhile, heat advisories, which the NWS issues "for dangerous heat conditions that are not expected to reach warning criteria," were also in place across parts of these states: Alabama Arkansas Iowa Kansas Kentucky Louisiana Maine Mississippi South Carolina Tennessee Texas Wisconsin What People Are Saying The National Weather Service wrote on X, formerly Twitter, on Friday: "Though record high temperatures are expected in the coming days, the duration of the heat as demonstrated by the numerous record warm morning lows will make this period especially oppressive. Couple this with the fact that this is the first major heat wave of the year—when our bodies aren't acclimated to the heat yet—will make for an especially dangerous period for many." AccuWeather meteorologist Adam Douty told Newsweek that temperatures would gradually lower toward the middle and end of the week, though he added that "highs will still remain above the historical average for many areas." NWS St. Louis, Missouri, wrote on X on Sunday: "After a hot weekend, there's not much relief in sight from the early summer heat. High temperatures will be in the 90s, with heat indices topping in the 100s each day with a chance of thunder by mid to late week." What Happens Next The NWS issues regular forecast updates on its website and social media channels.
DW
14-06-2025
- Politics
- DW
USA: Trump stages military parade amid 'No Kings' protests – DW – 06/14/2025
06/14/2025 June 14, 2025 Trump parade: what to expect Chinooks, such as these, are expected to take part in the parade Image: Andrew Caballero-Reynolds/AFP US President Donald Trump has promised that Saturday's military parade in Washington will be "like no other." Nearly 7,000 soldiers are expected to march along Constitution Avenue, with some wearing historical uniforms from periods including the American War of Independence, the Second World War and the Vietnam War. Around 150 military vehicles — including Abrams main battle tanks, Bradley fighting vehicles and Paladin self-propelled howitzers — will also feature, with certain sections of road reinforced to take the vehicles' weight. Overhead, more than 50 military helicopters will fly over the parade, including Apache gunships and Black Hawk and Chinook transport choppers. The parade is expected to culminate with a display from members of the army's Golden Knights parachute team who will jump down and present Trump with a US flag. Trump has been keen to hold his own military parade ever since he witnessed a French parade while being hosted by President Emmanuel Macron during his first term. Opponents have said the parade is merely to stroke the president's ego.
RNZ News
03-05-2025
- General
- RNZ News
US agencies open probe after two Washington flights abort landings due to nearby Army helicopter
By David Shepardson , Reuters Emergency vehicles at Ronald Reagan Washington National Airport, on 30 January 2025. Photo: AFP/ Andrew Caballero-Reynolds US federal investigators have launched a probe after two flights aborted landings at Reagan Washington National Airport because of the presence of a US Army Black Hawk helicopter that was headed to the Pentagon. The Federal Aviation Administration said that on Thursday (local time) air traffic control instructed Delta Air Lines Flight 1671, an Airbus A319 that had originated in Orlando, and Republic Airways Flight 5825, an Embraer 170 that had departed from Boston, to perform go-arounds at around 2.30pm due to a priority military air transport helicopter in the vicinity. The National Transportation Safety Board is also investigating. Following a 29 January mid-air collision of an American Airlines regional jet and an Army Black Hawk that killed all 67 people aboard the two aircraft, the FAA imposed permanent restrictions on non-essential helicopter operations around Reagan National Airport. This US Coast Guard photo shows the Coast Guard investigating aircraft wreckage on the Potomac River on 30 January, 2025 in Washington, DC. Photo: HANDOUT / AFP The FAA told Congress it was reviewing the Army helicopter's route in the two "loss of separation" incidents on Thursday and whether the route violates an agreement with the Army. "It appears the Black Hawk operation did not proceed directly to the Pentagon Heliport. Instead, it took a scenic route around the Pentagon versus proceeding directly from the west to the heliport," the FAA said. Delta said there were five crew and 97 passengers aboard the flight. "Nothing is more important at Delta than the safety of our customers and people. We'll cooperate with the FAA as they investigate," the airline said on Friday. The Pentagon did not immediately comment. A person involved said investigators are reviewing the helicopter's route and interactions with air traffic control. A US official, speaking on the condition of anonymity, said that according to initial information, the military helicopter was doing an emergency evacuation rehearsal. "It is outrageous that only three months after an Army Black Hawk helicopter tragically collided with a passenger jet, the same Army brigade again flew a helicopter too close to passenger jets on final approach at (Reagan Washington)," Senator Maria Cantwell, the top Democrat on the Commerce Committee, said. "This comes less than a week after this brigade resumed flights in the National Capital Region. It is far past time for Secretary Hegseth and the FAA to give our airspace the security and safety attention it deserves," she said, referring to Defense Secretary Pete Hegseth. Republic Airways did not immediately respond to a request for comment. The airport is located in northern Virginia, just outside Washington, DC, and 6.4km from Capitol Hill, making it popular with lawmakers, tourists and local residents. The FAA in March permanently closed one key route and prohibited the use of two smaller runways at the airport when helicopters conducting urgent missions are operating near the airport. This satellite image on 30 January, 2025, of the crash area near Ronald Reagan Washington National Airport and the Potomac River one day after American Airlines flight 5342 collided with a US Army helicopter as the passenger jet approached the runway to land. Photo: AFP/ Maxar Technologies Since 2021, there have been 85 recorded events involving a potentially dangerous near-miss between a helicopter and a plane - defined as a lateral separation of less than 460m and a vertical separation of just over 60m, the National Transportation Safety Board said in March. A number of recent safety incidents at the airport have raised alarm, including a 28 March incident involving a Delta flight and a group of Air Force jets. Airlines for America, a group representing American Airlines and other US carriers, in March urged the FAA to permanently reduce helicopter traffic around the airport. The group called on the FAA to suspend some nearby helicopter routes with limited exceptions for essential military or medical emergencies. The Army has also come under fire for routinely turning off a key safety system known as ADS-B during training missions in the Washington area. The FAA is investigating helicopter traffic near other major airports and last week announced changes to address safety concerns in Las Vegas. - Reuters
