Latest news with #ReutersTune
India Today
2 days ago
- Business
- India Today
Lula to sign Brazil's new reciprocal tariff law amid US trade tensions
Brazilian President Luiz Inacio Lula da Silva will officially sign a new law on Monday that allows Brazil to respond to unfair foreign trade practices. The law, passed by Congress in April, will let the government impose reciprocal tariffs on countries that hurt Brazil's economy with their trade Chief of Staff, Rui Costa, said the decree will be published in Brazil's official gazette on Tuesday. The announcement comes days after US President Donald Trump said he would place a 50% tariff on Brazilian response to Trump's announcement, Brazil is preparing to fight back. Lula's administration plans to match the 50% tariff on US goods entering Brazil. "Brazil is a sovereign nation with independent institutions and will not accept any form of tutelage," Lula said firmly in an X added that the legal matters concerning Brazil's internal governance -- including investigations related to past coup attempts -- are handled solely by Brazil's Judicial Branch and should not be interfered with by any foreign EFFORTS TO AVOID TRADE CONFLICTWhile Vice President Geraldo Alckmin said on Monday that the government has set up a working group to discuss the US tariffs with business leaders. The first meeting will take place Tuesday morning, followed by another session later in the day with agribusiness group plans to keep meeting regularly to find the best solutions. Alckmin said that the tariffs would also hurt US companies, so Brazil will talk to them as well. "US companies will also be hit by the tariffs announced by the US, so we will also talk to them," he CHALLENGES US TRADE FIGURESMeanwhile, Lula questioned the accuracy of US trade deficit claims, saying that the US has actually had a trade surplus with Brazil."The claim regarding a US trade deficit in its commercial relationship with Brazil is inaccurate. Statistics from the US government itself show a surplus of $410 billion in the trade of goods and services with Brazil over the past 15 years," Lula explained.- EndsWith inputs from ReutersTune InMust Watch
India Today
4 days ago
- Politics
- India Today
Threat to humanity: Trump threatens to revoke Rosie O'Donnell's US citizenship
US President Donald Trump on Saturday said that he may revoke talk show host Rosie O'Donnell's citizenship following her criticism of his administration's response to the deadly Texas floods, escalating the long-running feud between the two public figures.'Because of the fact that Rosie O'Donnell is not in the best interests of our Great Country, I am giving serious consideration to taking away her Citizenship,' Trump posted on his Truth Social platform. He referenced a deportation argument similar to one used by his administration against foreign-born is a Threat to Humanity, and should remain in the wonderful Country of Ireland, if they want her. GOD BLESS AMERICA!' he added. Trump's remarks appeared to be a direct reaction to a TikTok video O'Donnell released earlier this month. In the video, she grieved the 119 lives lost during the July 4 floods in Texas and criticised the Trump administration for previously slashing funds to government agencies responsible for environmental monitoring and disaster forecasting.'What a horror story in Texas,' O'Donnell said in the video. 'And you know, when the president guts all the early warning systems and the weather forecast abilities of the government, these are the results that we're gonna start to see on a daily basis.'The Trump administration, along with state and local officials, has come under growing scrutiny over whether more preventive actions could have been taken ahead of the devastating flash floods, which struck during the early hours of Independence Day and killed at least 120 people, including several visited Texas on Friday and defended the federal response, stating his agencies 'did an incredible job under the circumstances.'However, under US law, a president does not have the authority to revoke the citizenship of a natural-born American. Rosie O'Donnell was born in New York. Despite this, O'Donnell relocated to Ireland earlier this year with her 12-year-old son, citing safety concerns for marginalized groups in a March TikTok video, she said she would consider returning to the US 'when it is safe for all citizens to have equal rights there in America.'O'Donnell responded to Trump's latest comments in two Instagram posts, asserting that his animosity stems from the fact that she 'stands in direct opposition with all he represents.'Their public feud began in 2006 when O'Donnell, then a host on The View, mocked Trump's handling of a scandal involving a Miss USA pageant winner, a contest Trump then owned.- EndsWith inputs from ReutersTune InMust Watch
India Today
09-06-2025
- Politics
- India Today
Iran and Israel involved in Gaza hostage negotiations: Donald Trump
US President Donald Trump said on Monday that Iran and Israel are playing a role in ongoing negotiations involving the United States, Israel, and Hamas, aimed at securing a ceasefire in Gaza in exchange for the release of hostages."Gaza right now is in the midst of a massive negotiation between us and Hamas and Israel, and Iran actually is involved," Trump told reporters during an event in the White House State Dining Room. "We'll see what's going to happen with Gaza. We want to get the hostages back," Trump Trump offered no further details on Tehran's role, and the White House declined to comment on the nature of Iran's involvement. Iran's mission to the United Nations also did not respond to a request for clarification. The United States has reportedly proposed a 60-day ceasefire between Israel and Hamas. Israel said it would abide by the terms but Hamas thus far has rejected the the proposal, 28 Israeli hostages - alive and dead - would be released in the first week, in exchange for the release of 1,236 Palestinian prisoners and the remains of 180 dead United States and Iran are also separately trying to negotiate a deal on Tehran's nuclear program."We're doing a lot of work on Iran right now," Trump told reporters at an economic event at the White House. "It's tough. ... They're great negotiators."advertisement"They're just asking for things that you can't do. They don't want to give up what they have to give up," Trump added. "They seek enrichment. We can't have enrichment. We want just the opposite. And so far, they're not there.""They have given us their thoughts on the deal. And I said, you know, it's just not acceptable," Trump said as Tehran plans to hand Washington a also said he discussed Iran amongst other topics with Israeli Prime Minister Benjamin Netanyahu on Monday, adding that the call went said he spoke with Trump and the president told him talks would continue at the end of the week, a statement from the Israeli prime minister's office input from ReutersTune InMust Watch
India Today
05-06-2025
- Politics
- India Today
Donald Trump is in Epstein files: Elon Musk drops bombshell claim
In what may be Elon Musk's most incendiary post yet, on Thursday, he accused President Donald Trump of being named in the sealed Jeffrey Epstein files — suggesting that's the 'real reason' they've never been fully released.'Time to drop the really big bomb,' Musk posted on X. 'Donald Trump is in the Epstein files. That is the real reason they have not been made public.'advertisementThe Tesla CEO added a casual kicker to his claim: 'Have a nice day, DJT!' Musk followed that with a second post: "Mark this post for the future. The truth will come out."Musk, who has been warring with Trump for days over electric vehicle mandates and government spending, seemed to up the ante with a message designed to post came just hours after Trump accused Musk of suffering from 'Trump Derangement Syndrome,' following the billionaire's pointed criticism of the administration's 'One Big Beautiful Bill' — a mega-legislation package Musk called 'disgusting' and bloated with 'pork.'The Epstein files — a collection of court documents, testimony, and sealed records related to the financier's sex trafficking ring — have long been the subject of speculation. While many prominent names have surfaced, others remain hidden behind court a 2014 photo of Elon Musk with Ghislaine Maxwell resurfaced online. Maxwell, a longtime associate and former girlfriend of Jeffrey Epstein, was convicted in 2021 for aiding his trafficking of underage image, taken at a Hollywood party, has been widely circulated, though Musk previously dismissed the interaction as a mere photobomb. Meanwhile, in 2018, Epstein reportedly told a New York Times reporter he had advised Musk — a claim Musk firmly denied, insisting he had no professional or personal ties to inputs from ReutersTune InTrending Reel
