Trump says China is violating its trade agreement with the U.S.New Foto - Trump says China is violating its trade agreement with the U.S.

President Trump on Friday said that China is violating a trade agreement with the U.S., just weeks after the two countries agreed to atemporary but significant easingof tariffs imposed on each other's imports earlier in the year. Mr. Trump didn't specify in what way he believes China is violating the agreement. On May 12, the two nations committed to a 90-day suspension of most of the levies imposed since early April. Under the agreement, the U.S. reduced tariffs on Chinese goods to about 30% from 145%, while China reduced its levies on American imports to 10%. "I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn't want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual," Mr. Trump wrote on Friday morning on his Truth Social app. He added, "The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!" —This is breaking news and will be updated. How Karen Read's retrial had differed as the prosecution rests its case FBI offers reward for information leading to arrest of ex-police chief who escaped prison Alleged crypto kidnappers had two NYPD detectives working as security, sources say

Trump says China is violating its trade agreement with the U.S.

Trump says China is violating its trade agreement with the U.S. President Trump on Friday said that China is violating a trade agreement wit...
US goods trade deficit narrows sharply in April as imports plungeNew Foto - US goods trade deficit narrows sharply in April as imports plunge

WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded. The goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports decreased $68.4 billion to $276.1 billion. Exports of goods increased $6.3 billion to $188.5 billion. A rush to beat import duties pushed the goods trade deficit to a record high in March. The front-running of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August amid negotiations between President Donald Trump's administration and trade partners. Economists said that could see some businesses trying to bring in more imports given the lack of clarity about what happens after the 90-day pauses. Adding to the uncertainty, a U.S. trade court on Wednesday blocked most of Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority. They were temporarily reinstated by a federal appeals court on Thursday. A record trade gap accounted for a large part of the 0.2% annualized rate of decline in gross domestic product in the first quarter. (Reporting By Lucia Mutikani; Editing by Chizu Nomiyama)

US goods trade deficit narrows sharply in April as imports plunge

US goods trade deficit narrows sharply in April as imports plunge WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed sharply in ...
Ukraine keeps Russia guessing over participation in June 2 peace talksNew Foto - Ukraine keeps Russia guessing over participation in June 2 peace talks

By Christian Lowe and Dmitry Antonov KYIV/MOSCOW (Reuters) -Ukraine on Friday resisted pressure from Moscow and Washington to commit itself to attending peace talks with Russia on June 2, saying it first needed to see the proposals Russian negotiators plan to bring to the talks. After U.S. President Donald Trump urged Moscow and Kyiv to work together on a peace deal to end their three-year-old war, Russia proposed sitting down with Ukrainian officials next week in Istanbul. Kyiv responded by saying it was committed in principle to the search for peace, but that it was waiting for a memorandum from the Russian side setting out their proposals, which it had still not received. "We are ready for dialogue, but we demand clarity - clear and, most importantly, balanced proposals," the Ukrainian president's chief of staff Andriy Yermak said in remarks aired on national television. The war, the biggest on the European continent since World War Two, began when Russia launched a full-scale invasion of Ukraine in February 2022. Expectations for the talks are modest because the positions staked out so far by the two sides are far apart and work between them has yet to begin in earnest on narrowing the gap. Nevertheless, both Kyiv and Moscow are keen to demonstrate to Trump that they are on board with his efforts to end the conflict. Kyiv is seeking more U.S. military aid, while Moscow hopes he will ease economic sanctions on Russia. In Moscow, Kremlin spokesman Dmitry Peskov said the Russian delegation would be travelling to Istanbul and would be ready for talks with Ukraine on Monday morning. "At the moment, everyone is focused on the direct Russia-Ukraine negotiations. A list of conditions for a temporary truce is being developed," Peskov told reporters. Reuters reported earlier this week that Putin's conditions for ending the war in Ukraine include a demand that Western leaders pledge in writing to stop enlarging NATO eastwards. Trump's envoy to Ukraine, Keith Kellogg, said earlier on Friday that Russia's concern over the eastward enlargement of NATO was fair and the United States did not want to see Ukraine in the U.S.-led military alliance. Commenting on Kellogg's statement, Peskov said: "We are pleased that these explanations by the president are understood, including in Washington." TURKISH HOSTS Turkey's government hosted a previous round of Ukrainian-Russian talks in Istanbul on May 16 -- which ended with no breakthrough -- and has again offered its services as a mediator. Speaking on a visit to Kyiv, Turkish Foreign Minister Hakan Fidan told reporters: "As long as (the sides) remain at the negotiating table, progress can surely be seen." If the talks go ahead in Istanbul, the next step would be to try to host a meeting between Trump, Russian President Vladimir Putin, and Ukrainian President Volodymyr Zelenskiy, he added. But Ukrainian Foreign Minister Andrii Sybiha, who appeared alongside Fidan at a news conference, sounded a note of caution. "In order for the next planned meeting to be substantive and meaningful, it is important to receive a document in advance so that the delegation that will attend has the authority to discuss the relevant positions," Sybiha said. Sybiha did not spell out what Kyiv would do if it did not receive the Russian document, or set out a deadline for receiving it. "We want to end this war this year, and we are interested in establishing a truce, whether it is for 30 days, or for 50 days, or for 100 days," he said. Zelenskiy was later shown meeting and shaking hands with Fidan in Kyiv in footage released by the Turkish foreign ministry. Russia has said its delegation at the Istanbul talks will be led by Vladimir Medinsky, a Kremlin aide who led the Russian team at the previous round of talks. (Additional reporting by Tuvan Gumrukcu, Anna Pruchnicka and Tom Balmforth; Editing by Ros Russell)

Ukraine keeps Russia guessing over participation in June 2 peace talks

Ukraine keeps Russia guessing over participation in June 2 peace talks By Christian Lowe and Dmitry Antonov KYIV/MOSCOW (Reuters) -Ukraine ...
Trump lashes out at judges on tariffs, blames Federalist Society for bad legal adviceNew Foto - Trump lashes out at judges on tariffs, blames Federalist Society for bad legal advice

President Donald Trumpattacked the judges whoblocked his tariffs, a ruling latertemporarily pausedon appeal, and blamed the Federalist Society, a conservative legal group for giving him badadvice during his first termon judicial picks. In alengthy social media postMay 29, part of apattern of Trump lashing out at a judiciarythat has ruled against major pieces of his second-term agenda, the president directed his ire at the three-judge panel of the U.S. Court of International Trade. The panel is the same one that invalidated his use of an emergency-powers law to implement tariffs. "Where do these initial three Judges come from?" Trump asked. "How is it possible for them to have potentially done such damage to the United States of America?" Trump and his allies have led anintense pressure campaignon the judiciary for blocking some of his unprecedented and aggressive uses of executive power. Trump routinely slams judges on social media and has threatened their impeachment. This time Trump also is turning his anger toward a pillar of the conservative legal establishment. He singled out the Federalist Society, whichduring Trump's first termadvised him on judicial nominations, including eventualSupreme Courtpicks Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett. More:How Trump's clash with the courts is brewing into an 'all-out war' "I was new to Washington, and it was suggested that I use The Federalist Society as a recommending source on judges," Trump said. "I did so, openly and freely." Trump then criticized Leonard Leo, the Federalist Society's former executive vice president and current co-chairman of the board, calling him a "bad person." The group did not immediately respond to a request for comment. "I am so disappointed in The Federalist Society because of the bad advice they gave me on numerous judicial nominations," Trump wrote. Trump turned to a close ally for one of his latest judicial picks,nominating Justice Department official Emil Bove, his former personal attorney. (This story has been updated with more information.) This article originally appeared on USA TODAY:Donald Trump blames Federalist Society for bad advice on judges

Trump lashes out at judges on tariffs, blames Federalist Society for bad legal advice

Trump lashes out at judges on tariffs, blames Federalist Society for bad legal advice President Donald Trumpattacked the judges whoblocked h...
Nation's Well-Being Depends on a Healthy Two-Party SystemNew Foto - Nation's Well-Being Depends on a Healthy Two-Party System

Our nations core political well-being depends on the existence of a healthy two-party system. One year ago, I joined with former Sens. Alan Simpson and William Cohen, along with 34 other distinguished former Republican elected officials, to launchOur Republican Legacy(ORL) to serve as the resistance to the new populist direction taken by the GOP. We may be Republicans in exile, but we will not be silenced. Now, because the early days of President Trumps second term are as bad as we feared and getting worse, we are taking ORL from a messaging organization to a mobilizing one, and I am asking you tojoin us. ORLs first initiative is utilizing our existing framework to build a nationwide, grassroots organization. We are creating a 50-state national committee of volunteer activists who embrace our principles and want a constructive, common-sense approach to solving the many issues facing our country. Each state organization will recruit members, engage local and state media, and be active and visible within their respective Republican party at all levels. Our second initiative is to ramp up our visibility with frequent messaging across all platforms on the critical issues we face. Our messaging and the positions we adopt will be grounded in our principles and guided by the real needs of the people and businesses across this great country. In ourannouncement last year, we proposed a framework based on five foundational principles - Unity, the Constitution, Fiscal Responsibility, Free Enterprise, and Peace through Strength - to reestablish traditional, conservative Republican values to meet the many challenges facing our nation. Onunity, we believe in preserving our union and democracy by uniting - not dividing - Americans. We encourage free debate and civil discourse to agree by majority rule on common-sense solutions to the problems we face. With respect to our laudedConstitution, we support and will defend the rule of law, including individual freedoms and liberties. We oppose circumventing the rule of law by exceeding legal executive authority and ignoring lawful court orders. We support the independence and impartiality of the Department of Justice and law enforcement. We oppose using government institutions for retribution against political opponents, settling grievances against individuals or corporations or law firms with different points of view, and ignoring due process for everyone. We supportfiscal responsibilityto protect and defend the full faith and credit of the United States government for future generations. We oppose profligate spending. While protecting programs like Social Security and Medicare, we pledge to work to reduce annual deficits and lower the national debt over time to encourage greater private sector investment in our economy and growth with price stability. We will defend the role of the U.S. dollar as the worlds reserve currency. We believe infree enterpriseand a globally competitive economy based on market principles with sound regulation, full transparency and disclosure, and a clear legal framework. We oppose Trumps senseless, destructive tariffs, which are regressive taxes that raise prices, lead to inflation, invite recession, and unleash unnecessary trade wars that no one wins. Instead of protectionist barriers and raising tariffs, we pledge to work strategically to lower tariffs to encourage trade and investment here as a means to grow our economy and create more opportunities for everyone. Finally, we supportpeace through strengthby maintaining a strong national defense. We wholeheartedly support the U.S. military and respect all of our veterans, including all that our country has promised them in return for their service to our nation. We oppose any retreat into isolationism and a position of global weakness by abandoning our allies and strategic alliances such as the North Atlantic Treaty Organization (NATO). We support and will fully defend Ukraine and Israel against all acts of aggression by our common enemies, such as Russia, Iran, and their allies. For everyone who is tired of being misled by lies and watching the very destruction of our system of government, we invite you to join our resistance of real Republicans to restore a viable, two-party political system. Lets rise to this essential fight by organizing and speaking up for our vision of a truly democratic nation based on fundamental principles - our "shining city on the hill" to channel President Reagan - to achieve better outcomes for our nation and all of our citizens. John Danforth is a former Republican U.S. senator from Missouri who also served as U.S. ambassador to the United Nations.

Nation's Well-Being Depends on a Healthy Two-Party System

Nation's Well-Being Depends on a Healthy Two-Party System Our nations core political well-being depends on the existence of a healthy tw...

 

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