Donald Trump

Trump in the Middle East: How much are US-Gulf investments worth? | Donald Trump News

United States President Donald Trump has started his Middle East tour, arriving in Riyadh, Saudi Arabia, just after 10am, where he was greeted by Crown Prince Mohammed bin Salman (MBS).

During his three-day trip, he will also travel to Qatar and the United Arab Emirates (UAE), with a focus on securing economic agreements with three of the world’s wealthiest nations.

The trip will involve discussions on investment opportunities, and some experts say Trump may urge the Gulf countries to lower oil prices.

When will Trump be visiting each country?

Trump arrived in Riyadh, Saudi Arabia, on Tuesday just before 10am local time (07:00 GMT), where he was greeted by MBS. The same day, he is scheduled to attend a Saudi-US investment forum featuring leading companies such as BlackRock, Citigroup, Palantir, Qualcomm, and Alphabet.

On Wednesday, he is scheduled to take part in a Gulf summit in Riyadh, before travelling to Qatar later that day. He will conclude his trip in the UAE on Thursday, May 15.

INTERACTIVE-Trumps Gulf Middle East visiting schedule-MAY12-2025-1747112522

Trump’s first visit as president was to Saudi Arabia

During his first term, 2017 to 2021, Trump became the first US president to make the Middle East his first international destination, breaking with the longstanding tradition of visiting neighbouring North American countries first.

His trip to Saudi Arabia from May 20 to 22, 2017 – during which he attended the Riyadh Summit – was a calculated move to bolster defence ties and secure substantial arms deals.

During that trip, Trump also visited Israel and Palestine.

INTERACTIVE - Where did Donald Trump go in his first term-1747055157

While Trump did not go to Qatar or the UAE during his first term, he met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani, Bahrain’s King Hamad bin Isa Al Khalifa and Egyptian President Abdel Fattah el-Sisi at the Riyadh Summit.

During the summit, Trump and Saudi King Salman bin Abdul Aziz Al Saud signed a $110bn arms deal, including missile defence systems, tanks, combat ships and cybersecurity technology, with the intent of buying $350bn worth of arms over 10 years.

A memorable moment from that 2017 trip to Saudi Arabia was during the inauguration of the Global Center for Combating Extremist Ideology in Riyadh. In a surreal photo op that quickly went viral, Trump stood alongside King Salman and President el-Sisi with their hands on a glowing orb.

Trump Sisi Salman globe
Left to right, Egyptian President Abdel Fattah el-Sisi, Saudi King Salman, US First Lady Melania Trump and President Donald Trump, at the new Global Center for Combating Extremist Ideology, in Riyadh on May 21, 2017 [Saudi Press Agency via AP]

What is the value of US-Gulf investments?

Sami al-Arian, director of the Center for Islam and Global Affairs at Istanbul Zaim University, told Al Jazeera that Trump has been very vocal about his objective in visiting the three Gulf states: investments.

Trump’s administration has reportedly discussed the possibility of expediting investments by Saudi Arabia, Qatar and the UAE before his trip to the region.

“He’s trying to get trillions of dollars out of these countries,” al-Arian told Al Jazeera.

“He’s already said that he’s hoping to get $1 trillion from Saudi Arabia in terms of arms sales and commercial deals,” he said.

US-Saudi investments

According to the latest data from the US Department of Commerce, the total stock of US foreign direct investment (FDI) in Saudi Arabia reached $11.3bn in 2023.

Conversely, Saudi Arabia’s FDI stock in the US stood at $9.6bn, mostly in transport, real estate, plastics, automotive, financial services and communications, according to the Commerce Department.

These figures are only FDI, not other investments, like portfolio investments or short-term financial flows.

US-Qatar investments

In 2023, the total stock of US FDI in Qatar was estimated at $2.5bn.

According to the US-Qatar Business Council, US companies that have facilitated FDIs in Qatar focused on the fields of energy, petrochemicals, construction, engineering, and communications technology.

Conversely, Qatari FDI stock in the US reached $3.3bn in 2023, with investments concentrated in financial services, energy and real estate.

US-UAE investments

In 2023, the total stock of US FDI in the UAE reached $16.1bn.

According to the Reuters news agency, in 2023, the main FDI drivers were manufacturing, finance and insurance, construction and wholesale and retail trade sectors.

Meanwhile, UAE FDI stock in the US totalled $35bn in 2023 – in financial services, transport, food and beverages, aerospace, and business services, according to the Commerce Department.

In March, UAE National Security Adviser Tahnoon bin Zayed Al Nahyan met Trump and committed $1.4 trillion in investments to the US over 10 years in sectors such as artificial intelligence, semiconductors, energy and manufacturing.

Weapons trade between the nations

The US is the biggest exporter of arms globally and a top supplier to Gulf countries.

Qatar and Saudi Arabia each accounted for 6.8 percent of the world’s total arms imports for 2020-24, making them the third and fourth largest importers globally.

The UAE is the 11th largest importer of arms, accounting for 2.6 percent of global imports for the same period.

Saudi Arabia is the main recipient of US arms, according to the Stockholm International Peace Research Institute (SIPRI). Between 2020 and 2024, Saudi Arabia received 12 percent of the US’s total arms exports.

About 74 percent of Saudi arms imports come from the US.

Trump is poised to offer Saudi Arabia an arms package worth more than $100bn during his trip, according to Reuters.

In the 2020-24 period, the US was the top supplier of arms to Qatar, accounting for 48 percent of its imports.

In March, the US Department of State approved a large weapons package to Qatar worth $2bn, which includes long-range maritime surveillance drones and hundreds of missiles and bombs.

In the same period, the US was also the top supplier of weapons to the UAE, accounting for 42 percent of the country’s arms imports.

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Investors cautious as Trump says China removing non-tariff trade barriers

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Speaking after the trade talks, US President Donald Trump told reporters at the White House on Monday: “China will also suspend and remove all of its non-monetary barriers. They’ve agreed to do that,” he said. “It’s going to take a while to paper it. You know, that’s not the easiest thing to paper,” he added.

In early April, China imposed rare earth export restrictions on the US as a major non-tariff countermeasure in response to Trump’s reciprocal tariffs. The export controls affected seven critical minerals, on which the US heavily relies. These minerals are essential components in the manufacture of electric vehicles and electronic devices.

Trump’s remarks suggest that whether China will suspend or remove its export controls on these key minerals will be a central term in the negotiations. The removal or suspension of the controls could further bolster optimism surrounding a de-escalation of trade tensions.

On Monday, the world’s two largest economies reached an agreement to pause tariffs for 90 days. The US will reduce tariffs on China to 30% from 145%, while China will lower import levies on US goods to 10% from 125%.

Stock market rally loses steam

The broad-based market rally showed signs of retreat during Tuesday’s Asian session, indicating investor caution over the progress of US-China negotiations. Although both sides agreed to establish a mechanism for further discussions following the weekend’s talks, no specific dates have yet been set for future meetings.

US stock futures declined, pointing to a lower open. As of 4:50 am CEST, the Dow Jones Industrial Average fell 0.25%, the S&P 500 dropped 0.38%, and the Nasdaq Composite slid 0.47%. By contrast, European major index futures were more resilient, with the Euro Stoxx 600 slipping 0.17%, the DAX flat, and the FTSE 100 falling 0.23%.

Markets are awaiting further details of the agreement, particularly regarding China’s non-tariff countermeasures. Investors are also concerned about whether a comprehensive trade deal can be secured between the two nations after the 90-day pause.

“The critical issue from here is solidifying trade deals and ensuring the reduced tariffs don’t lapse after 90 days,” wrote Kyle Rodda, a senior market analyst at Capital.com, Australia, in an email. He added that markets would also look to see whether the US can achieve trade deals with other partners. “The markets will also want to see the US maintain this momentum and nut out deals with its other trading partners. Should that happen, the recovery in equities and the dollar ought to continue,” he said.

Euro rebounds from month-low

The US dollar weakened slightly against other major G10 currencies during the early Asian session. The EUR/USD pair rebounded to above 1.11 after falling to as low as 1.1065 on Monday – its lowest since 10 April.

The euro was seen as a major haven asset in April as the trade war heightened fears of a global economic recession. The common currency surged against the greenback last month to its highest level since November 2021. However, the euro’s rally could reverse course if future US-China negotiations lead to further de-escalation of trade tensions.

Investors appear to be seeking bargains in US assets amid an easing of risk-off sentiment. Despite the trade war, the impact on the US economy is expected to remain limited thus far. The market sell-off has been driven more by deteriorating sentiment than by any materialised downturn.

Markets will also turn their attention to the US Consumer Price Index (CPI) for April, due for release on Wednesday. Sticky inflation may further drive up the dollar, thereby putting pressure on the euro. Markets expect the Federal Reserve to reduce interest rates twice this year in response to tariff-driven inflationary risks. Meanwhile, the European Central Bank is also expected to continue its rate-cutting cycle on economic grounds, albeit on a meeting-by-meeting basis.

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First group of South African refugees arrives in U.S. under Trump’s plan for White ‘Afrikaners’

May 12 (UPI) — The first set of 49 White South African “Afrikaners” granted refugee status by President Donald Trump arrived in the United States on Monday.

The group departed Johannesburg on Sunday night on a private flight paid for by the U.S. government.

They arrived Monday in Washington at Dulles airport before being expatriated to multiple states, including Texas, Minnesota, Nevada and Idaho, where they will be on a pathway to U.S. citizenship and eligible for government benefits.

Deputy Secretary of State Christopher Landau welcomed the first group of Afrikaners, the State Department said.

“This tremendous accomplishment, at the direction of Secretary Rubio, responds to President Trump’s call to prioritize U.S. refugee resettlement of this vulnerable group facing unjust racial discrimination,” State Department spokesperson Tammy Bruce said in a statement.

“No one should have to fear having their property seized without compensation or becoming the victim of violent attacks because of their ethnicity.”

Trump threatened in February to cut all U.S. funding to South Africa seemingly over its land expropriation law, which allows local, provincial and national authorities to confiscate land if it is in the public interest and in few specific cases without compensation.

The American president has claimed without evidence that South Africa is taking land from White Afrikaners, who Trump went on to claim were victims of “racial discrimination” and “large-scale killings.”

“Your case manager will pick you up from the airport and take you to housing that they have arranged for you,” read a document in part for the arriving South Africans. “This housing may be temporary (like a hotel) while a local organization helps you identify more long-term housing,” it added.

According to the South African government, it has not expropriated any land.

On Monday, South Africa Foreign Minister Ronald Lamola said “there is no persecution of White Afrikaner South Africans,” adding how police reports debunked Trump’s false assertion.

The law states property cannot be expropriated arbitrarily and can only be seized if an agreement with the owner cannot be reached, subject to “just and equitable compensation” being paid.

Meanwhile, South Africa’s government said the Afrikaners, who are largely descended from Dutch settlers from the Netherlands in western Europe, wouldn’t be stopped from going, “albeit under a false narrative.”

“You are expected to support yourself quickly in finding work,” U.S. immigration documents said. “Adults are expected to accept entry-level employment in fields like warehousing, manufacturing, and customer service. You can work toward higher-level employment over time,” they were informed.

Elon Musk, who was born in South Africa, has accused Ramaphosa’s government of “openly pushing for genocide of white people” despite any evidence.

In March, Secretary of State Marco Rubio expelled South Africa’s ambassador to the U.S. Ebrahim Rasool for “race-baiting” following remarks accusing the United States of engaging in “supremacist” policies domestically and globally as South Africa has joined other nations in accusing Israeli Prime Minister Benjamin Netanyahu of committing acts of genocide of Palestinians in Gaza.

“There’s no legal or any factual basis for the executive order sanctioning this action,” Vincent Magwenya, a spokesman for South African President Cyril Ramaphosa, told NPR after learning of the granting of refugee status.

“None of the provisions of international law on the definition of refugees are applicable in this case,” he said, adding that South Africa’s sovereignty as a country was being “grossly undermined and violated” by the U.S. in a way that was “disturbing.”

According to the World Bank, inequality is among the world’s highest in South Africa, which had segregationist policies via “apartheid” that only began to fully unravel in the early 1990s.

A 2017 land audit report found that White South Africans own 72% of all farm and agricultural land, while Black South Africans owned 15%.

As of 2022, White South Africans account for less than 8% of its population of more than 63 million.

Scores of South African civilians, meanwhile, took to social media to post comedic memes and videos expressing doubt over the plight of the Afrikaners, joking how they will miss “privileged lives, domestic workers and beach holidays.”

Max du Preez, a white Afrikaner author, told BBC that the claims of persecution of white South Africans were a “total absurdity” and “based on nothing.”

A U.S. government employee, while not authorized to speak to reporters, told NPR what they considered this was “immigration fraud” after the Trump administration effectively suspended America’s refugee admission program.

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Judge allows IRS to share data on undocumented immigrants for deportation

The Internal Revenue Service Headquarters is seen in Washington, D.C. On Monday, a federal judge ruled the IRS can share taxpayer data with immigration authorities to locate undocumented immigrants for deportation. District Judge Dabney Friedrich ruled data-sharing is allowed “for criminal investigations.” File Photo by Bonnie Cash/UPI | License Photo

May 12 (UPI) — A federal judge ruled Monday that the Internal Revenue Service can share taxpayer data with immigration authorities to locate undocumented immigrants for deportation.

District Judge Dabney Friedrich, an appointee from President Donald Trump‘s first term, denied a preliminary injunction filed by immigrant rights groups, who argued sharing information violated taxpayer confidentiality laws.

“Plaintiffs Centro de Trabajadores Unidos, Immigrant Solidarity DuPage, Somos Un Pueblo Unido and Inclusive Action for the City bring this action seeking declaratory and injunctive relief to prevent the Internal Revenue Service from sharing personal tax information with the Department of Homeland Security for immigration enforcement purposes,” Friedrich wrote, adding “the court will deny the motion.”

The ruling is a win for the Trump administration and the president’s immigration agenda.

Last month, Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem agreed to allow U.S. Immigration and Customs Enforcement to submit names of immigrants for cross-verification of tax records. Under the data-sharing deal, DHS can ask the IRS to confirm the addresses of suspected undocumented immigrants in the United States.

Friedrich said sharing information between federal agencies to enforce immigration laws does not violate confidentiality laws.

“At its core, this case presents a narrow legal issue: Does the Memorandum of Understanding between the IRS and DHS violate the Internal Revenue Code? It does not,” according to Friedrich’s order.

Last month, acting IRS Commissioner Melanie Kraus resigned over the data-sharing deal. Former acting IRS Commissioner Doug O’Donnell also refused to sign the agreement in February, before he retired.

While the IRS can share data to help in criminal investigations, the tax agency can not share data on civil issues or to help with deportations.

According to the Justice Department, the data-sharing agreement complies with the law because requests for IRS information will target only those under criminal investigation.

“Requesting and receiving information for civil enforcement purposes would constitute a cognizable injury, but none of the organizations have established that such an injury is imminent,” Friedrich wrote.

“The Memorandum only allows sharing information for criminal investigations … On this limited record, the court cannot assume that DHS intends to use the shared information to facilitate civil rather than criminal proceedings.”

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Hamas frees soldier Edan Alexander as Gaza faces bombardment, famine risk | Israel-Palestine conflict News

Hamas has released Edan Alexander, a dual United States-Israeli national and soldier, as it seeks to revive ceasefire negotiations and an end to Israel’s punishing blockade on the besieged and bombarded Gaza Strip.

The International Committee of the Red Cross (ICRC) confirmed on Monday evening that it had facilitated the soldier’s transfer. An image was released showing Alexander with Hamas members and a Red Cross official.

Hamas said it had released Alexander as a goodwill gesture towards US President Donald Trump, who is visiting Arab Gulf nations this week.

Fighting briefly stopped to allow for the handover after Israeli Prime Minister Benjamin Netanyahu said Israel would permit safe passage for the release.

“Edan Alexander, American hostage thought dead, to be released by Hamas. Great news!” Trump wrote on his Truth Social platform.

“The government of Israel warmly welcomes soldier Sergeant Edan Alexander who has been returned from Hamas captivity,” a statement from Netanyahu’s office said.

“The government of Israel is committed to the return of all hostages and missing persons – both the living and the fallen,” the statement added. Families of the captives have accused Netanyahu of putting his own political survival above that of the captives still held in Gaza.

In a statement, ICRC President Mirjana Spoljaric welcomed Alexander’s release while calling for a lasting ceasefire in Gaza.

“We are relieved that one more family has been reunited today. This nightmare, however, continues for the remaining hostages, their families, and hundreds of thousands of civilians across Gaza,” Spoljaric said.

Alexander’s mother reportedly arrived in Israel on Monday and was flown to the Re’im military base, where the two were expected to be reunited later in the evening, according to Al Jazeera’s Hamdah Salhut, reporting from Amman, Jordan, because Al Jazeera is banned from Israel.

Despite the release, Israel has made no commitment to a broader ceasefire. “There’s nothing in exchange, no release of Palestinian prisoners, no pause in the fighting,” Salhut said. “If there are going to be any sort of negotiations, they’re going to happen under fire,” Salhut added, referring to the Israeli government’s prevailing line.

Akiva Eldar, an Israeli political analyst, said Alexander’s release has spurred joy as well as frustration in Israel. “What we see is that what President Trump can do, Netanyahu is not able – or not willing – to do,” he told Al Jazeera from Tel Aviv.

The Israeli prime minister has faced widespread calls to end the Gaza war to secure the captives’ release but has said he plans to expand Israel’s offensive.

“Today is a crucial point,” Eldar explained. “Because the Israeli public is aware of the fact that if you want a deal, if you want your sons back at home, you can do it. But for that, you have to be a leader like President Trump and not like Netanyahu.”

Release changes little for devastated Palestinians

Al Jazeera’s Hind Khoudary, reporting from Deir el-Balah in central Gaza, said there seems to be no change forthcoming in Palestinians’ daily suffering: “Palestinians are devastated. They’re exhausted. Palestinian families are unable to feed their children. They’re saying their children are going to bed hungry.”

“The IPC [Integrated Food Security Phase Classification] report issued today said 93 percent of Gaza’s population is living through acute food insecurity. This is because of the blockade that has been imposed on the Gaza Strip,” Khoudary said.

“Palestinians are asking, ‘What’s next? What is this release going to bring? Are there any positive negotiations? Is there any glimpse of hope of a ceasefire?’” she added.

And the bombardment continues, Gaza’s Ministry of Health said an Israeli strike on a school-turned-shelter killed at least 15 people on Monday.

Gaza on brink of famine

Humanitarian organisations have warned that Gaza is on the verge of mass starvation. The IPC reported that half a million Palestinians face imminent famine.

According to the IPC, 70 days after Israel blocked entry of essential supplies, “goods indispensable for people’s survival are either depleted or expected to run out in the coming weeks.”

The head of the UN’s World Food Programme, Cindy McCain, urged immediate international action. “Families in Gaza are starving while the food they need is sitting at the border,” she said. “If we wait until after a famine is confirmed, it will already be too late for many people.”

Catherine Russell, Executive Director of UNICEF, also issued a stark warning. “The risk of famine does not arrive suddenly,” she said. “It unfolds in places where access to food is blocked, where health systems are decimated, and where children are left without the bare minimum to survive.”

Hunger, she added, has become “a daily reality for children across the Gaza Strip”.

Gaza assault set to continue

Netanyahu and his hardline government remain committed to escalating the military campaign in Gaza.

Far-right National Security Minister Itamar Ben-Gvir, a key coalition partner, reiterated his position that the war must continue and humanitarian aid should be blocked from entering the territory.

“Israel has not committed to a ceasefire of any kind,” Netanyahu’s office said in a statement, claiming military pressure had compelled Hamas to release Alexander. Critics have countered that the release came about purely because of direct US contacts with Hamas.

Netanyahu met US figures, including Trump envoy Steve Witkoff and Ambassador Mike Huckabee, on Monday. His office described the meeting as a “last-ditch effort” to push forward a captive-release deal before the fighting widens.

Huckabee said Trump and his administration “hope this long-overdue release” of Alexander “marks the beginning of the end to this terrible war”.

Israel plans to send a delegation to Doha on Tuesday for talks but made clear military operations would persist. “The prime minister made it clear that negotiations would only take place under fire,” his office said.

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Trump administration welcomes 59 white South Africans as refugees to the US | Donald Trump News

Move comes as US administration largely closes refugee admissions from countries experiencing widespread violence and poverty.

A group of 59 white Afrikaners from South Africa has arrived in the United States as part of a refugee programme set up by the administration of US President Donald Trump to offer sanctuary from what Trump has depicted as racial discrimination against white people.

In a press conference on Monday, Trump mirrored the claims of a myth popular on the far right that white people in South Africa have been subjected to systematic violence since the end of white minority rule in that country.

“It’s a genocide that’s taking place,” Trump told reporters at the White House, a claim that has drawn criticism from government officials, news media, and even some Afrikaners themselves.

The move comes as the Trump administration blocks nearly all refugee admissions from non-white countries and leans into rhetoric about an “invasion” of immigrants from poor countries.

While people fleeing widespread violence and persecution in countries such as Haiti and Afghanistan have found a closed door, Al Jazeera correspondent Patty Culhane says that the Trump administration “has made a priority of getting these people [white South Africans] into the United States and paying for them to get here”.

‘Wrong end of the stick’

The South African government has called Trump’s claims that Afrikaners face persecution “completely false”, noting that they have remained among the richest and “most economically privileged” groups, even after the end of the apartheid system that upheld white minority control of the political, economic, and military resources of the country and denied basic rights to the Black South African majority.

South African whites still own about three-quarters of all private land in the country, and have about 20 times the wealth of the Black majority, according to the international academic journal the Review of Political Economy.

“We think that the American government has got the wrong end of the stick here, but we’ll continue talking to them,” South African President Cyril Ramaphosa, himself a veteran of the struggle to end apartheid, said on Monday.

Tensions between the Trump administration and the government of South Africa have been high, with the US expelling South Africa’s ambassador over previous criticism of Trump and at odds with the African nation’s prominent position in a case before the International Court of Justice accusing US ally Israel of genocide in Gaza.

The Trump administration offered in February to resettle Afrikaners, descendants of Dutch settlers in South Africa, stating that they face discrimination and violence against Afrikaner farmers.

“I want you all to know that you are really welcome here and that we respect what you have had to deal with these last few years,” Deputy Secretary of State Christopher Landau told the group of Afrikaners who arrived in the US on Monday. “We respect the long tradition of your people and what you have accomplished over the years.”

Bill Frelick, refugee policy director with Human Rights Watch, said the fast-track process of bringing Afrikaners into the US was unprecedented.

“These are people who were not living in refugee camps; who hadn’t fled their country. They were the group that was most associated with the oppression of the Black majority through apartheid,” said Frelick. “It’s not like these are among the most vulnerable refugees of the world.”

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Trump signs executive order to bring down prescription drug prices | Donald Trump News

President makes push to bring down drug prices that have long been a source of financial strain for US patients.

United States President Donald Trump has signed an executive order that he says will bring down the price of prescription drugs in the US by as much as 90 percent.

In an announcement on Monday, Trump said drug companies who have been “profiteering” will have to bring prices down but laid the blame for high prices primarily on foreign countries.

“We’re going to equalise,” Trump said during a news conference. “We’re all going to pay the same. We’re going to pay what Europe pays.”

People in the US have long been an outlier when it comes to the prices they pay for numerous types of life-saving medication, often paying several times more than their peers in other rich countries for nearly identical drugs.

That phenomenon is often attributed to the substantial economic and political influence that the pharmaceutical industry wields in the US.

The high cost of medical drugs has been a source of popular discontent in the US for years, and Trump accused the pharmaceutical industry of “getting away with murder” in 2017.

But in his remarks on Monday, the US leader also seemed to say that US pharmaceutical companies were not ultimately to blame for the difference in prices. Trump instead framed those high prices in the familiar terms of a trade imbalance with partners such as the European Union and said the US has been “subsidising” lower drug prices in other nations.

That perspective seems to align with the framing of the pharmaceutical industry itself. The industry’s most powerful lobbying arm stated the cause of high prices for US consumers is “foreign countries not paying their fair share”.

Senator Bernie Sanders, a left-wing politician who has railed against the high prices paid by US patients for years, said Trump’s order wrongly blames foreign countries rather than US companies for those prices.

“I agree with President Trump: it is an outrage that the American people pay, by far, the highest prices in the world for prescription drugs,” Sanders said in a statement.

“But let’s be clear: the problem is not that the price of prescription drugs is too low in Europe and Canada. The problem is that the extraordinarily greedy pharmaceutical industry made over $100bn in profits last year by ripping off the American people.”

A fact sheet shared by the White House said the administration will “communicate price targets to pharmaceutical manufacturers to establish that America, the largest purchaser and funder of prescription drugs in the world, gets the best deal”.

Trump and Robert F Kennedy Jr
Health and Human Services Secretary Robert F Kennedy Jr speaks after President Donald Trump signed an executive order on drug prices at the White House in Washington, DC, on May 12, 2025 [Mark Schiefelbein/AP Photo]

The stock prices of US drugmakers ticked upwards after the announcement. Experts have cast doubt on Trump’s optimistic assertion that drug prices would drop quickly and substantially.

“It really does seem the plan is to ask manufacturers to voluntarily lower their prices to some point which is not known,” Rachel Sachs, a health law expert at Washington University in St Louis, Missouri, told The Associated Press news agency.

“If they do not lower their prices to the desired point, HHS [the Department of Health and Human Services] shall take other actions with a very long timeline, some of which could potentially, years in the future, lower drug prices.”

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First crew of South African refugees to arrive in U.S. under Trump’s plan for white ‘Afrikaners’

The first group of White Afrikaners from South Africa, like the ones pictured here, are set to arrive in the United States after receiving refugee status under the Trump Administration. File Photo by Kim Ludobrook/EPA-EFE

May 12 (UPI) — The first set of 49 w\White South African “Afrikaners” granted refugee status by President Donald Trump will arrive Monday to the United States.

The group departed Johannesburg on Sunday night on a private flight paid for by the U.S. government.

They will arrive Monday in Washington at Dulles Airport before being expatriated to multiple states, including Texas, Minnesota, Nevada and Idaho, where they will be on a pathway to U.S. citizenship and eligible for government benefits.

Trump threatened in February to cut all U.S. funding to South Africa seemingly over its land expropriation law, which allows local, provincial and national authorities to confiscate land if it is in the public interest and in few specific cases without compensation.

The American president has claimed without evidence that South Africa is taking land from White Afrikaners, who Trump went on to claim were victims of “racial discrimination” and “large-scale killings” of White South African farmers.

“Your case manager will pick you up from the airport and take you to housing that they have arranged for you,” read a document in part for the arriving South Africans. “This housing may be temporary (like a hotel) while a local organization helps you identify more long-term housing,” it added.

According to the South African government, it has not expropriated any land.

On Monday, South Africa Foreign Minister Ronald Lamola said “there is no persecution of White Afrikaner South Africans,” adding how police reports debunked Trump’s false assertion.

The law states property cannot be expropriated arbitrarily and can only be seized if an agreement with the owner cannot be reached, subject to “just and equitable compensation” being paid.

Meanwhile, South Africa’s government said the Afrikaners, who are largely descended from Dutch settlers from the Netherlands in western Europe, wouldn’t be stopped from going, albeit under a false narrative.”

“You are expected to support yourself quickly in finding work,” U.S. immigration documents said. “Adults are expected to accept entry-level employment in fields like warehousing, manufacturing, and customer service. You can work toward higher-level employment over time,” they were informed.

Elon Musk, who was born in South Africa, has accused Ramaphosa’s government of “openly pushing for genocide of white people” despite any evidence.

In March, Secretary of State Marco Rubio expelled South Africa’s ambassador to the U.S. Ebrahim Rasool for “race-baiting” following remarks accusing the United States of engaging in “supremacist” policies domestically and globally as South Africa has joined other nations in accusing Israeli Prime Minister Benjamin Netanyahu of committing acts of genocide of Palestinians in Gaza.

“There’s no legal or any factual basis for the executive order sanctioning this action,” Vincent Magwenya, a spokesman for South African President Cyril Ramaphosa, told NPR after learning of the granting of refugee status.

“None of the provisions of international law on the definition of refugees are applicable in this case,” he said, adding that South Africa’s sovereignty as a country was being “grossly undermined and violated” by the U.S. in a way that was “disturbing.”

According to the World Bank, inequality is among the world’s highest in South Africa which had segregationist policies via “apartheid” that only began to fully unravel in the early 1990s.

A 2017 land audit report found that White South Africans own 72% of all farm and agricultural land, while Black South Africans owned 15%.

As of 2022, White South Africans account for less than 8% of its population of more than 63 million.

Scores of South African civilians, meanwhile, took to social media to post comedic memes and videos expressing doubt over the plight of the Afrikaners, joking how they will miss “privileged lives, domestic workers and beach holidays.”

Max du Preez, a white Afrikaner author, told BBC that the claims of persecution of white South Africans were a “total absurdity” and “based on nothing.”

A U.S. government employee, while not authorized to speak to reporters, told NPR what they considered this was “immigration fraud” after the Trump administration effectively suspended America’s refugee admission program.

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Trump visits Saudi Arabia, Qatar, UAE: What to know | Donald Trump News

United States President Donald Trump will undertake a three-day tour of the Gulf for his first state visit since retaking office in January.

The trip begins in Saudi Arabia, followed by Qatar and the United Arab Emirates.

It marks Trump’s second foreign visit as president after he attended Pope Francis’s funeral in Rome in April.

Here is what to know about the trip and what is on the agenda:

When and where is Trump visiting?

Trump will fly out of the US on Monday and start his trip in the Saudi capital, Riyadh, on Tuesday.

He is expected to attend a Gulf summit in the city on Wednesday, visit Qatar later that day and conclude his visit in the UAE on Thursday.

Saudi Arabia was the first country Trump visited during his first term as well, breaking the tradition of US presidents starting with the United Kingdom, Canada or Mexico.

INTERACTIVE-Trumps Gulf Middle East visiting schedule-MAY12-2025-1747057791
(Al Jazeera)

What is on Trump’s agenda?

His objectives are securing major economic deals and making diplomatic progress on issues that impact the region, including a Gaza ceasefire and stalled Saudi-Israel normalisation talks.

The focus on economic deals comes as the US recorded a drop in its economic output in the first quarter, its first in three years.

On Wednesday, Trump said he will also decide during his trip how the US refers to the “Persian Gulf”.

US media reported that he may decide to refer to the body of water as the Arabian Gulf or the Gulf of Arabia.

Saudi Arabia: Normalisation, business deals and weapons

Trump’s Middle East envoy Steve Witkoff said the president wants to expand the Abraham Accords, under which the UAE and Bahrain recognised Israel during Trump’s first term, to include Saudi Arabia.

Talks were reportedly under way on Saudi Arabia joining the accords, but after Israel began its war on Gaza in October 2023, Saudi Crown Prince Mohammed bin Salman (MBS) paused those discussions.

Saudi officials have said they won’t move forward unless there is real progress towards a two-state solution for Palestine, leading to speculation that Trump may propose a US-backed framework to end the war and revive normalisation efforts during this visit.

In a shift from past US policy, the Trump administration has uncoupled discussions on a Saudi nuclear agreement and normalisation with Israel, which US President Joe Biden’s administration had held as a condition for nuclear cooperation.

Riyadh wants US help building a civilian nuclear programme, which Israel has raised concerns about and had wanted it tied to normalisation.

Trump’s main focus will be economic partnerships as he meets with MBS and attends a Saudi-US investment forum. He wants to secure a $1 trillion Saudi investment in US industries, expanding on a $600bn pledge made by the crown prince earlier this year.

Saudi Arabia is also expected to announce more than $100bn in US arms purchases, including missiles, radar systems and transport aircraft.

Other key issues include reviving a scaled-down US-Saudi defence pact.

trump and mbs
Trump meets MBS during his first term as US President [File: Jonathan Ernst/Reuters]

UAE: Investment in the US and cooperation on tech goals

In the UAE, Trump is to meet with President Mohammed bin Zayed Al Nahyan to discuss investment opportunities in sectors such as artificial intelligence, semiconductors, energy and manufacturing.

In March, the UAE announced a $1.4 trillion investment plan for those sectors in the US over the next decade.

Meanwhile, Trump is expected to lift Biden-era export restrictions on advanced technology as the UAE seeks US microchips and artificial intelligence technology to support its goal of becoming a global AI leader by 2031.

Qatar: Military cooperation, regional security and Syria

In Qatar, where the largest US military base in the Middle East is located, Trump’s agenda includes meetings with the emir, Sheikh Tamim bin Hamad Al Thani, to discuss military cooperation and regional security.

Doha, which has close ties with Syria’s new president, Ahmed al-Sharaa, may also seek Trump’s support in easing sanctions on Syria.

As a key partner in regional mediation, Qatar is also expected to discuss Gaza ceasefire efforts with Trump.

trump and emir
Trump meets Qatar’s Emir at the White House in 2019 [Kevin Lamarque/Reuters]

Why is Israel not on the itinerary?

Trump’s decision to skip Israel during this tour comes amid heightened tensions in Gaza, where Israel’s military has intensified its operations after breaking a ceasefire on March 18.

“Nothing good can come out of a visit to Israel at the moment,” a US official told the Axios news website.

Since it broke the ceasefire, Israel has continued extensive air strikes on Gaza while voicing concerns over what it sees as a decline in US support.

Recent reports from US and Israeli media also suggest growing tensions between Trump and Israeli Prime Minister Benjamin Netanyahu as the Trump administration signals it may act independently on Middle East policy without waiting for the Israeli leader.

Israeli political commentator Ori Goldberg told Al Jazeera: “At the moment, Israel is at odds with [Trump’s] overall goal, promising continuous fire.

“I think the mistrust between Trump and Netanyahu has been quite extensive for some time.”

How are countries responding to this visit?

In the lead-up to Trump’s visit, Saudi Arabia, Qatar and the UAE pledged significant investments in the US, signalling an interest in deepening economic ties.

However, Trump’s trip also follows resistance in the region over his proposal for the US to redevelop Gaza and relocate its residents to other Arab countries.

In a meeting of Arab leaders in Riyadh in February, officials from countries including Egypt, Qatar, the UAE and Kuwait rejected Trump’s plan, emphasising the need for Palestinian self-determination and regional stability.

 

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Trump’s film tariff plan threatens new hurdles for filmmakers

May 12 (UPI) — President Donald Trump‘s announcement that he wishes to place tariffs on internationally-produced films has people in the movie business worrying of another hurdle.

Trump announced his intention to implement 100% tariffs on foreign films on May 4 after meeting with actor Jon Voight. Trump has not shared details about how his tariff plan would work. Daniel Loria, senior vice president of The BoxOffice Company, told UPI the first and most difficult task will be defining what a foreign-made film is.

“Is a movie written in the U.S. for a U.S. studio, funded by a U.S. production company set in a foreign country that then comes back and does all the effects and post-production work and marketing here — because the story elements include a foreign angle, does that count as a foreign-made film?” Loria said.

“Ultimately determining what is and isn’t foreign produced, which is a difficult task to enact in a globalized economy and industry, is going to be essential to how film studios tackle this proposed era that is coming up.”

Unlike an automotive manufacturer that imports tangible products into the United States, filmmaking is far more speculative. Films are less a good or product and more an experience, Loria said.

“You’re buying the experience,” he said. “Putting a tariff on movies would be very difficult to trickle down to the moviegoer. You have to think about movie-going as a service, not a good.”

The United States has not placed tariffs on films before. American films are not subject to tariffs in other countries when they hit their theaters either. Physical media such as DVDs and Blu-rays are subject to tariffs in some cases. Other countries, such as China, may require American films to be altered to meet content guidelines.

Hollywood is recognized as the epicenter of the film world but it has increasingly become a global industry. The highest-grossing film in the world this year is the Chinese animated film Ne Zha 2. As of Friday, it has earned more than double that of the second-place film, A Minecraft Movie, reaching $1.8 billion in the worldwide box office, according to Box Office Mojo.

Box office data combines the United States and Canada’s earnings — referred to as the domestic box office — in comparison to the worldwide box office. According to Loria’s data, the domestic box office represented 21% of global sales in 2021, 29% in 2022, 27% in 2023 and about 30% in 2024.

Loria noted that while box office earnings and publicly known production costs are often cited to gauge the success of a film, it is difficult to determine which films are profitable or how profitable the business is as a whole.

“A lot of Hollywood accountants would tell you no films make money,” Loria said.

Box office numbers suggest that the industry is still recovering from the COVID-19 pandemic. The pandemic halted productions around the world and closed theaters in the United States for more than a year. This came after a record year at the box office in 2019.

Shannon Cole is the executive director of the Vermillion Cultural Association based in Vermillion, S.D. The nonprofit organization leads art programming for the city and owns and operates the Coyote Twin Theater. It is the only theater within a 25-mile radius of the town and plays many of the biggest new releases.

Cole told UPI that the announcement of film tariffs combined with other Trump administration policies — specifically cuts to the National Endowment for the Arts and National Endowment for the Humanities — has her, other local arts leaders and local artists worried about how long they can continue doing their work.

“It means we’re looking at at least three more years of what’s already been a four-year downturn in the film industry,” Cole said. “Everyone is out of the habit of going to the movies. Now, you’re saying potentially movies could end up costing more because studios will charge theaters more to show movies?”

According to Cole, the Coyote Twin Theater’s audience was down by 40% from 2023 to 2024. The theater pays as much as 68% of ticket prices back to the studios for showing their movies, and for-profit theaters may pay more.

“2019 by far was the high watermark of the movie industry worldwide,” Cole said. “It was the best year on record for us. Everybody wants to get back to that.”

Jason Squire, professor emeritus at the University of Southern California School of Cinematic Arts and host of The Movie Business Podcast, told UPI that the business is largely far different than the perception of glitz and glamour that is often attached to it.

“It’s a gig economy,” Squire said. “It’s people who are, in general, highly accomplished craftspeople in very specialized crafts. Many of whom are struggling because of runaway production. Because of issues of crisis within the business and the transformation that’s going on.”

Part of that transformation is the decentralization of the industry. States like Georgia, New Jersey, New Mexico and Louisiana are drawing production away from California with enticing incentives. Production incentives are not unique to the United States though.

Toronto has been growing its film production market since the 1970s, spurred on by the Ontario Film and Television Tax Credit. This 35% refundable tax credit is offered to productions that meet several criteria, including spending at least 75% of their final costs in Ontario.

India and China have surpassed the United States in terms of the number of films they produce. India offers cash rebates for qualifying production expenses.

In response to Trump’s tariff announcement, California Gov. Gavin Newsom proposed a new $7.5 billion federal film tax credit to help bring productions back to California.

“California built the film industry — and we’re ready to bring even more jobs home,” Newsom wrote on X. “We’ve proven what strong state incentives can do. Now it’s time for a real federal partnership to Make America Film Again.”

Voight, one of three advisers to Trump on Hollywood, has also drawn up a “Make Hollywood Great Again” plan that proposes incentives for domestic film production, according to Deadline. His proposals are laden with several incentives for a majority of physical production to be done in the United States.

Voight also proposed a 120% tariff if a film “could have been produced in the U.S.” but was produced elsewhere and receives a production tax incentive.

“The idea of placing a tariff on overseas tax incentives or government subsidies or rebates would be onerous,” Squire said. “It would throw a wrench in the works of the business model and make it more expensive, which is the last thing you want. The key to producing movies is to make them at a price you believe the public will bear and make a little more than you spent in order to keep making movies.”

Cinema United, formerly the National Association of Theatre Owners, released a statement on Thursday in response to the Trump administration’s interest in reforming the film industry.

“It is important to recognize that theatrical exhibition is not a Hollywood industry, but a Main Street industry, and proposals that support and promote the hard work being done by theatre owners will have a positive and meaningful impact in communities across this nation,” Michael O’Leary, president and CEO of Cinema United, said in a statement.

“We are committed to working with the administration, Congress and all interested parties who recognize and share the goal of ensuring that our local theatres retain both their economic and cultural significance and we thank them for their leadership.”

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India, Pakistan hold conference call to solidify fragile cease-fire

Pakistani children ride a motorcycle on their way to class in Peshawar, northern Pakistan, on Monday morning after schools reopened a little more than 36 hours after a Pakistan-India truce ended three days of cross-border clashes that killed scores of people. Photo by Blilawal Arbab/EPA-EFE

May 12 (UPI) — Indian and Pakistani officials were scheduled to hold direct talks Monday to build on a U.S.-brokered cease-fire between the nuclear-armed Asian rivals that came into force over the weekend.

The phone call between the Directors General of Military Operations of both countries came as the cease-fire held into a second day after both sides accused each other of violations during the intial hours of the truce and authorites in India and Pakistan reopened airports and schools shuttered due to worries regards safety.

Celebrations were held in both countries with each claiming the other side had been forced to back down after India triggered three days of military clashes by launching strikes against Pakistan in what it said was retaliation for the massacre of 26 Indian tourists by militants in Indian-administered Kashmir in April.

Pakistan said it remained “committed to faithful implementation of cease-fire” while the Indian army told a news conference Sunday that it had warned Islamabad about breaches of the cease-fire via a hotline of “our firm and clear intent to respond to these fiercely.”

U.S. President Donald Trump on Sunday heaped praise on the administrations of India and Pakistan for showing the strength and wisdom to pull back from the brink and promised to reward both “great nations” with enhanced trading opportunities with the United States.

“Millions of good and innocent people could have died! Your legacy is greatly enhanced by your brave actions. I am proud that the USA was able to help you arrive at this historic and heroic decision,” he wrote on his Truth Social media platform.

“Additionally, I will work with you both to see if, after a ‘thousand years,’ a solution can be arrived at concerning Kashmir. God Bless the leadership of India and Pakistan on a job well done!!!”

Clashes in Kashmir along the Line of Control have killed 35-40 Pakistan Armed Forces troops, according to the Indian Army while Pakistan’s information minister, Attaullah Tarar, said his country’s forces had killed 40-50 Indian troops on the de facto border dividing Kashmir.

Both sides claim their civilians have been killed and injured by shelling and aerial strikes.

Pakistan said strikes by Indian warplanes and drones resulted in the deaths of at least 31 civilians with another 46 injured. At least 13 have been killed in India amid widespread damage from shelling.

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Stocks jump, gold tumbles as US and China trade talks progress

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Risk-on sentiment continued to dominate global market trends during Monday’s Asian session after officials from the US and China signalled “substantial progress” following two days of trade negotiations in Switzerland over the weekend.

China’s Vice Premier, He Lifeng, described the meeting as “an important first step” towards resolving differences, with both sides agreeing to establish a mechanism for further discussions. However, no specific details were provided regarding the points of agreement or the timeline for subsequent meetings. US Treasury Secretary Scott Bessent stated that more information would be shared on Monday, while he noted that a joint statement would be released.

Risk-on prevails

Optimism toward a potential de-escalation in trade tensions between the US and China fuelled risk-on sentiment, with stock markets rallying and safe-haven assets declining.

As of 5:30 am CEST, US stock futures had surged, with the Dow up 1.12%, the S&P 500 rising 1.46%, and the Nasdaq Composite gaining 1.93%. European equities were also poised for a higher open. Among major stock futures, Germany’s DAX advanced 0.85%, reaching a fresh high; the Euro Stoxx 600 rose 0.8%; and the UK’s FTSE 100 climbed 0.36%.

Asian equity markets also posted gains. Hong Kong’s Hang Seng Index rose 0.9%, Japan’s Nikkei 225 added 0.1%, the ASX 200 gained 0.28%, and South Korea’s Kospi advanced 0.7%.

Conversely, gold prices declined sharply as demand for safe-haven assets eased. Spot gold fell 1.4% to $3,279 per ounce, marking its lowest level since 5 May.

Meanwhile, haven currencies, including the euro, the Japanese yen, and the Swiss franc, weakened further against the US dollar, falling to their lowest levels since 10 April.

Markets await details of trade talks

Uncertainty remains as investors await further information regarding the trade discussions between the world’s two largest economies.

“Greater clarity on these matters, to provide firm backing to the apparent more conciliatory tone of rhetoric seen from both sides, will be needed to give markets additional confidence that the peak of trade uncertainty and tit-for-tat tariffs is indeed in the rear-view mirror, and to unlock the door to a more durable and sustainable firming in risk appetite,” wrote Michael Brown, a senior research strategist at Pepperstone Group in London.

“For the time being, however, given the prevailing uncertainty, I’m inclined to fade this strength in the dollar and equities — at least in the short term,” he added.

The S&P 500 has rebounded nearly 10% since US President Donald Trump indicated a substantial cut to tariffs on China in late April. Nonetheless, the benchmark index remains negative year-to-date, down 3.8%. Meanwhile, the US dollar index (DXY) has dropped more than 7% this year, despite the recent rebound.

According to Bloomberg, the US is considering reducing tariffs on Chinese goods to below 60% as a first step, while seeking to negotiate the removal of Chinese restrictions on rare earth exports to the US. In early April, Beijing announced export restrictions on a wide range of critical minerals — including germanium, gallium, antimony, and magnets — potentially disrupting production in American electric vehicles and other electronic devices.

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Trump to sign executive order to tie U.S. drug prices to other countries

May 12 (UPI) — U.S. President Donald Trump on Sunday night said he will sign an executive order to reduce drug prices in the United States by between 30% and 80% with the aim of equalizing global prices.

No details of the executive order, which Trump said he’d sign Monday morning, were released, and it was not immediately clear how exactly the order would work.

He made the announcement in a post to his Truth Social platform, calling the executive order “one of the most consequential … in our Country’s history.”

“Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!”

In the statement, Trump said he would be instituting a “MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price.”

He said the executive order would be signed 9 a.m. EDT Monday at the White House.

Trump had tried during his first term to institute a Most Favored Nation policy via executive order to tie U.S. prescription drug prices for Medicare to the world’s cheapest price tags but was met with successful legal challenges from the pharmaceutical industry.

PhRMA, a pharmaceutical trade group, criticized the original version of the plan from Trump’s first term as “bad policy,” stating it will limit seniors’ access to existing medicine and hamper development of new drugs.

Dr. Houman David Hemmati, a California physician and critic of California’ s Democratic governor, Gavin Newsom, said the policy is “a strong step toward fairness” but does present risks.

On X, he said it could limit patient access to drugs in those countries where the drugs’ prices are cheapest, as drug makers might pull out of those markets. It could also affect development, especially of generic drugs, which could also be pulled from shelves.

“A generic priced very low abroad might disappear if the U.S. demands that price, impacting access to essentials like insulin,” he said, adding that countries reliant on low prices might face drug access issues, and the United States might see delays in new drug launches.

According to a January 2024 report from the Health and Human Services’ Office of the Assistant Secretary for Planning and Evaluation, the prices across all drugs in the United States were at least 2.78 times higher than in comparison countries and at least 3.22 times as high for brand drugs.

In his Sunday night statement, Trump said that with his new policy, “Our Country will finally be treated fairly and our citizens Healthcare Costs will be reduced by numbers never even thought of before.”

He said the United States will save trillions of dollars.

In April, Trump signed an executive order directing the Department of Health and Human Services to standardize Medicare payments to reduce the price of prescription drugs.

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In the Trump family tradition, Ivanka uses her moment in the spotlight to hawk her wares

Those Trumps never miss the chance to sell their merchandise.

Friday morning, on the heels of her well-received speech at the Republican National Convention, prospective first daughter Ivanka Trump showed just how much she takes after her father: Her official Twitter account tweeted, “Shop Ivanka’s look from her #RNC speech” to her 1.97 million followers, and a link to a Macy’s page that featured the polyester-and-spandex “sleeveless studded sheath dress” from her eponymous fashion line.

The tweet must have worked; the $158 dress, which was made abroad, sold out.

First lady Michelle Obama, another fashion plate, also has the power to move merchandise. Known for her eclectic tastes — from unsung American designers to J. Crew — she does not personally profit from the trends she sparks.

It’s different with the Trumps.

Over the course of his campaign, Republican presidential nominee Donald Trump has introduced us to Trump ties and Trump steaks, Trump wine and Trump vodka. Donald Trump promotes his real estate holdings by scheduling news conferences at his various properties: Trump Tower, Trump International Golf Links in Scotland (where he opined that Brexit would be good for business. Well, his business.)

Last March, at the Trump National Golf Club in Jupiter, Fla., he showed reporters a table piled high with what one journalist called “a veritable Trump-ucopia” of Trump merchandise. “I mean, what’s wrong with selling?” asked Trump.

Indeed.

The merchandising of the Trump name would probably not even be all that remarkable, given that the billionaire developer/reality TV star has been on a lifelong mission to plaster his name on as much stuff as possible.

But he has left himself open to charges of hypocrisy because a good deal of his clothing line is manufactured overseas.

On the campaign trail, he has promised repeatedly that he will restore American manufacturing to its glory days by curtailing outsourcing to foreign countries, especially China. He has frequently accused China of manipulating its currency to make its exports more attractive, which has, in Trump’s view, undermined American manufacturing.

Turns out much of Ivanka’s line is also made overseas, including the convention dress, described on the Macy’s website as “imported,” but it’s not clear where. Macy’s has not yet answered my query.

Last March, in a column on the PBS website, Harvard economic Robert Lawrence wrote that he had analyzed the Donald Trump and Ivanka Trump fashion lines, which were available on the official Trump website. Lawrence determined that “of the 838 Ivanka products advertised through the site, none appear to be made exclusively in the U.S.; 628 are said to be imported and 354 made specifically in China.”

(Links on Ivanka’s current style website redirect customers to Macy’s for purchases.)

Lawrence was moved to investigate after Florida Sen. Marco Rubio tweaked Trump during a debate for his foreign-made ties.

Turned out that Trump’s sports coats, cufflinks and eyeglass frames were also made in China. Some of his shirts were made in Bangladesh.

Lawrence, like most economists, was unbothered; international trade is good for the U.S., and Americans want to spend less on things.

“But how,” he asked, “do you reconcile a business model based on importing with professions of deep belief that manufacturing should be brought back to America?”

As a former fashion editor, I hope you will indulge me for a moment. Ivanka’s dress was pretty, but it did not look especially well made, or expensive. She is a former fashion model, and can carry off just about any look. But under the glare of the lights, one could see that the side seams pulled, and the dress was looser in the bodice than a tailored dress would be.

By contrast, Melania Trump’s body-skimming white dress, which also immediately sold out on the upscale fashion website Net-a-Porter, fit the way a $2,200 garment should.

Then again, Melania wasn’t selling anything but her husband.

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Iran, United States complete ‘difficult but useful’ nuclear talks

Middle East envoy Steve Witkoff at a gaggle with National Security Advisor Michael Waltz at the Stakeout Location in front of the White House in Washington, DC, in February. File photo by Annabelle Gordon/UPI | License Photo

May 11 (UPI) — A fourth round of nuclear talks between the United States and Oman have produced encouraging results for the Trump administration, a senior official told reporters Sunday.

White House envoy Steve Witkoff met with Iranian foreign ministries Accas Araghchi for three hours Sunday in Muscat. The talks were mediated by Omani Foreign Minister Sayyid Badr al-Busaidi.

“The discussions were again both direct and indirect,” Axios reported the official said.

The news comes just days before President Donald Trump‘s scheduled trip to the Middle East this week.

The two sides are reportedly working through the technical elements of a potential nuclear pact.

Iran’s Ministry of Foreign Affairs described the talks as “difficult but useful.” Both sides were guarded in their comments.

“We are encouraged by today’s outcome and look forward to our next meeting, which will happen in the near future,” the United States official said.

El-Busaidi said on X that the two sides discussed “useful and original ideas reflecting a shared wish to reach an honorable agreement.”

There is some question over how enforceable the current deal being discussed would be as Araghachi said before the meeting that civilian enrichment of uranium would not be subject to the new rules.

U.S. Secretary of State Marco Rubio has called on Iran to import enriched uranium instead, but Iranian officials pushed back and said the country’s investment in creating it runs deep.

“Enrichment is one of the achievements and honors of the Iranian nation,” Araghchi has said. “We have paid a heavy price for enrichment. The blood of out nuclear scientists has been spilled for this achievement.”

He was referring to Iranian scientists who have been killed during the course of the country’s enrichment program.

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U.S. added to int’l human rights watchlist

May 11 (UPI) — The United States was added to an international human rights watchlist on Sunday over Trump administration attacks targeting civic freedoms.

CIVICUS, an international human rights monitor, said it added the United States due to “the Trump administration’s assault on democratic norms and global cooperation.”

As reason, it listed President Donald Trump‘s “unprecedented executive orders designed to unravel democratic institutions, rule of law and global cooperation” as well as its slashing of federal funding for organizations supporting those in need, the dismantling of USAID and reversals on justice, inclusion and diversity.

It also highlighted the Trump administration’s crackdown on pro-Palestine protests through arbitrary arrests and student visa cancelations

“This is an unparalleled attack on the rule of law in the United States, not seen since the days of McCarthyism in the 20th century,” Mandeep Tiwana, interim co-secretary general of CIVICUS, said in a statement.

“Restrictive orders, unjustifiable institutional cutbacks and intimidation tactics through threatening pronouncements by senior officials in the administration are creating an atmosphere to chill democratic dissent, a cherished American ideal.”

The United States being added to the watchlist comes as the Trump administration has come under mounting criticism over its attacks on American democratic institutions.

It has been accused of ignoring due process rights in arresting and shipping hundreds of migrants to a notorious mega prison in El Salvador and has been condemned for its repeated attacks of the judicial system — from calling for judges who rule against it to be impeached to arresting another on allegations of impeding an immigration-related arrest.

CIVICUS also highlight the Trump administration’s attacks on press freedom as reason for its inclusion the list.

It pointed to the White House now determining which media outlets have access to presidential briefings and banning reporters covering political sensitive topics as proof.

“The Trump administration seems hellbent on dismantling the system of checks and balances, which are the pillars of a democratic society,” Tiwana said.

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Reports: Qatar to gift luxury plane to Trump for use as Air Force One

May 11 (UPI) — The Qatari Royal Family has planned to gift a super luxury Boeing 747-8 jumbo jet to President Donald Trump to be used for Air Force One and for his own private use when his presidency ends, reports said Sunday.

News of the major gift was first reported by ABC News, citing anonymous sources, and later confirmed by The New York Times and NBC News. United Press International has reached out to Qatar’s Government Communications Office for confirmation.

The gift is expected to be formally announced when Trump visits Qatar next week, according to the reports. Trump toured the plane when it was parked at the West Palm Beach International Airport in February.

A Qatari representative, however, told Axios that while reports of Trump being gifted a jet were “inaccurate,” Qatar’s Ministry of Defense and the U.S. Department of Defense are discussing the possible temporary use of an aircraft as Air Force One.

If it is gifted, the jet could become the most valuable gift ever from a foreign government to the United States, ABC News reported. Its $400 million estimated price tag surpasses the estimated $250,000 cost of constructing the Statue of Liberty — which was gifted to the United States from France.

But the expected acceptance of the gift by Trump raises questions of its legality, raising the possibility that the president could face scrutiny for bribery or violating the emoluments clause of the U.S. Constitution.

The Emoluments Clause prohibits federal officials from accepting gifts, payments or other benefits from foreign governments without the consent of Congress but there is debate as to whether it applies to elected officials. According to Cornell’s Legal Information Institute, the interpretation of the clause has never been litigated before the U.S. Supreme Court.

Lawyers for the White House reportedly expect accepting the gift to draw scrutiny and have drafted an analysis for U.S. Defense Secretary Pete Hegseth, which concludes that it is legal for the U.S. Defense Department to accept the gift and then to later hand it over to Trump’s presidential library for his private use when he leaves office.

The Trump administration is looking to the precedent set by the Ronald Reagan Presidential Library in handling the ethical considerations of accepting a retired presidential aircraft.

The Reagan Library boasts a 90,000-square-foot exhibit hangar that permanently displays a Boeing VC-137C aircraft with the tail letters SAM 27000, which entered service as Air Force One under President Richard Nixon.

Though the plane was used by each president until George W. Bush, it is best known in relation to Reagan and was gifted to his library when it was decommissioned in 2001. Reagan died in 2004.

The difference between the use of the two gifts that could pose a challenge for Trump is that the Reagan Library immediately installed it for permanent display while Trump is reported to be planning to continue using it for personal travel.

Trump currently owns a Boeing 757 that dates to the early 1990s. The jet was originally operated by Microsoft co-founder Paul Allen before Trump purchased it in 2011.

Two new Air Force One planes have been in the works since at least 2018 when the Air Force awarded a $3.9 billion contract for two modified Boeing 747-8 planes that were expected for delivery by 2024.

Trump told ABC News in 2019 that he wanted to change up the traditional baby blue and white pattern chosen by former first lady Jacqueline Kennedy in the 1960s to a new color scheme that resembled that of his private jet.

Boeing started modifying the first of the two aircraft in February 2020 and the second in June 2020. According to a 2022 report from the U.S. Government Accountability Office, the company had completed major structural modifications on the first aircraft and is now preparing it for wiring installations.

However, at the time, Boeing struggled to find workers to complete the modifications because of a “competitive labor market” and “lower-than-planned security clearance approval rates.” The Air Force later lowered security clearance standards to make it easier to find workers.

Last week, Defense One reported that Boeing has told the Air Force it can deliver the new jets by 2027 if the government loosens some requirements.

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US, China hail ‘substantial progress’ made in tariff talks in Geneva | Trade War News

Beijing and Washington have both hailed the progress made at the end of a weekend of closed-door discussions in Switzerland aimed at de-escalating trade tensions sparked by US President Donald Trump’s aggressive worldwide tariff rollout in March and China’s retaliation.

Following the talks on Sunday at the Geneva villa of the Swiss ambassador to the United Nations, US Treasury Secretary Scott Bessent told reporters: “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks.”

“The talks were productive,” he added.

Trade Representative Jamieson Greer, who also took part in the two days of closed-door talks with Chinese Vice Premier He Lifeng, said that the differences between the sides were “not so large as maybe thought”.

He also lauded what he called “important progress” in the trade talks with the US.

Speaking to reporters in Geneva, he said the atmosphere of the talks with Bessent and Greer had been candid, in-depth, and substantive, echoing similar language from the US delegation.

Both countries said they would put out a joint statement on the talks on Monday.

After the first day of negotiations, Trump had posted on his social network Truth Social that the discussions had been “very good”, describing them as “a total reset negotiated in a friendly, but constructive, manner”.

Beijing had yet to comment Sunday, but on Saturday, Chinese state news agency Xinhua described the talks as “an important step in promoting the resolution of the issue”.

The Chinese delegation was expected to speak to the media on Sunday evening.

The meetings marked the first time that senior officials from the world’s two largest economies have met face-to-face to tackle the topic of trade since Trump slapped steep new levies on China last month, sparking a robust retaliation from Beijing.

“The talks reflect that the current state of the trade relations with these extremely high tariffs is ultimately in the interests of neither the United States nor China,” Citigroup global chief economist Nathan Sheets told news agency AFP. He called the tariffs a “lose-lose proposition”.

The tariffs imposed by Trump on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative US duties on some Chinese goods reaching a staggering 245 percent.

Keeping expectations low

In retaliation, China put 125-percent tariffs on US goods.

Ahead of the meeting, Trump signalled he might lower the tariffs, suggesting on social media that an “80% Tariff on China seems right!”

However, his press secretary Karoline Leavitt later clarified that the US would not lower tariffs unilaterally, as China would also need to make concessions.

Going into the meeting, both sides played down expectations of a major change in trade relations.

Bessent underlined a focus on “de-escalation” and not a “big trade deal”, while Beijing insisted that the US had to ease tariffs first.

The fact that the talks are even happening “is good news for business, and for the financial markets”, said Gary Hufbauer, a senior non-resident fellow at the Peterson Institute for International Economics.

But Hufbauer cautioned that he was “very sceptical that there will be any return to something like normal US-China trade relations”. Even a tariff rate of 70 to 80 percent would still potentially halve bilateral trade, he said.

Among some of the more moderate Trump officials, such as Bessent and US Commerce Secretary Howard Lutnick, “there’s a realisation that China is better equipped to deal with this trade war than the US”, said Hufbauer.

The Geneva meeting comes after Trump unveiled a trade agreement with the United Kingdom on Thursday, the first deal with any country since he unleashed his blitz of global tariffs, but which maintains a 10-percent baseline levy on most British goods.

Following the US-UK trade announcement, analysts have voiced pessimism about the likelihood that negotiations will lead to any significant changes in the US-China trade relationship.

In his Truth Social post, Trump claimed the talks had made “GREAT PROGRESS!!”

“We want to see, for the good of both China and the U.S., an opening up of China to American business,” he said.

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