Tag #Donald Trump

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edition.cnn.com

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May 10, 01:11

Trump's Surprise Tariff Announcement Shakes Up US-China Trade Talks

President Trump's surprise announcement of a potential tariff reduction on Chinese goods from 145% to 80% has injected uncertainty into US-China trade negotiations in Geneva, Switzerland, occurring this weekend, with US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent leading...

Trump's Surprise Tariff Announcement Shakes Up US-China Trade Talks

President Trump's surprise announcement of a potential tariff reduction on Chinese goods from 145% to 80% has injected uncertainty into US-China trade negotiations in Geneva, Switzerland, occurring this weekend, with US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent leading...

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How does Trump's approach to these negotiations contrast with traditional diplomatic methods, and what are the potential risks?

Trump's actions highlight his unpredictable influence on trade negotiations. While lower tariffs signal potential de-escalation, the public announcement created uncertainty and underscores Trump's willingness to deviate from established strategies. This approach contrasts with traditional diplomacy, increasing risks and potentially impacting global economic stability.

nbcnews.com

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May 10, 04:12

Trump Appoints Controversial Fox News Host Jeanine Pirro as Interim U.S. Attorney

President Trump appointed Jeanine Pirro, a Fox News host known for promoting election conspiracies, as interim U.S. attorney for Washington, D.C., despite a past federal investigation stemming from a taped conversation where she plotted to bug her husband's boat to catch him in an affair, and past a...

Trump Appoints Controversial Fox News Host Jeanine Pirro as Interim U.S. Attorney

President Trump appointed Jeanine Pirro, a Fox News host known for promoting election conspiracies, as interim U.S. attorney for Washington, D.C., despite a past federal investigation stemming from a taped conversation where she plotted to bug her husband's boat to catch him in an affair, and past a...

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Peace, Justice, and Strong Institutions

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How did past scandals and controversies involving Jeanine Pirro, including a federal investigation related to a taped conversation about bugging her husband's boat, affect her political career and contribute to her current position?

Pirro's appointment highlights a pattern of President Trump favoring loyalists with controversial pasts. The selection comes after Pirro's 2006 campaign for New York attorney general was damaged by the release of tapes revealing her scheme to surveil her husband. This incident, along with past associations with individuals linked to organized crime, contrasts sharply with the integrity expected of a U.S. attorney.

forbes.com

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May 10, 19:10

Proposed Tax Hike on Carried Interest Could Discourage Private Equity Investment

President Trump and House Republicans are considering raising taxes on carried interest, a performance-based fee for private equity managers, potentially discouraging investment in struggling businesses and impacting economic activity.

Proposed Tax Hike on Carried Interest Could Discourage Private Equity Investment

President Trump and House Republicans are considering raising taxes on carried interest, a performance-based fee for private equity managers, potentially discouraging investment in struggling businesses and impacting economic activity.

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How does the difficulty in achieving high returns in private equity relate to the proposed tax increase on carried interest?

The proposed tax increase on carried interest overlooks the difficulty in achieving such returns. High carried interest payouts are rare and reflect the significant risk and effort involved in reviving failing companies. Increasing taxes could deter investment in these businesses.

english.elpais.com

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May 9, 16:19

First American Pope Elected: Potential for Conflict with Trump Administration

Robert Francis Prevost, a Chicago native, was elected Pope Leo XIV on Thursday, becoming the first American Pope. His progressive views, contrasting sharply with President Trump's policies, suggest potentially strained U.S.-Vatican relations. Prevost has publicly criticized Vice President Vance and ...

First American Pope Elected: Potential for Conflict with Trump Administration

Robert Francis Prevost, a Chicago native, was elected Pope Leo XIV on Thursday, becoming the first American Pope. His progressive views, contrasting sharply with President Trump's policies, suggest potentially strained U.S.-Vatican relations. Prevost has publicly criticized Vice President Vance and ...

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How might Pope Leo XIV's known views on social and political issues influence his relationship with the Trump administration?

Prevost's past statements, expressing support for gun control, climate action, and the Black Lives Matter movement, contrast sharply with Trump's policies. Prevost's public criticism of Vice President Vance further highlights this ideological divide. The selection of the papal name 'Leo XIV,' referencing a pope known for workers' rights advocacy, hints at Prevost's intention to prioritize social justice issues.

zeit.de

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May 9, 01:17

American Elected as First US Pope

Robert Prevost, a US citizen, has been elected Pope Leo XIV, marking the first time an American has held the position; reactions are mixed, with some highlighting his potential to bridge divides and others focusing on his ability to address the church's internal crises and his stance on immigration.

American Elected as First US Pope

Robert Prevost, a US citizen, has been elected Pope Leo XIV, marking the first time an American has held the position; reactions are mixed, with some highlighting his potential to bridge divides and others focusing on his ability to address the church's internal crises and his stance on immigration.

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What are the immediate implications of the first American Pope's election for US-Vatican relations and the American Catholic Church?

Robert Prevost, an American, has been elected as Pope Leo XIV, marking a historic first. Reactions in Washington D.C. range from celebratory to reflective, with some emphasizing the Pope's role as a global figurehead rather than solely an American representative. President Trump expressed excitement on Truth Social, while some noted the irony given his past controversies and clashes with the previous Pope.

cbsnews.com

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May 9, 16:19

Trump Signals Potential Tariff Reduction on Chinese Goods

President Trump hinted at lowering tariffs on Chinese goods to 80%, initiating talks in Switzerland between U.S. and Chinese negotiators, aiming to resolve a recent trade war marked by high tariffs on both sides and subsequent market volatility.

Trump Signals Potential Tariff Reduction on Chinese Goods

President Trump hinted at lowering tariffs on Chinese goods to 80%, initiating talks in Switzerland between U.S. and Chinese negotiators, aiming to resolve a recent trade war marked by high tariffs on both sides and subsequent market volatility.

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What is the immediate impact of President Trump's suggestion of lowering tariffs on Chinese goods?

President Trump indicated a potential reduction in tariffs on Chinese goods, suggesting an 80% tariff as a starting point for negotiations. This follows a recent trade war escalation with China imposing a 125% levy on American goods and the U.S. imposing tariffs of up to 145% on Chinese imports. Upcoming talks between U.S. and Chinese negotiators in Switzerland signal a potential de-escalation.

hu.euronews.com

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May 10, 19:10

US-China Trade Talks Begin in Geneva Amidst High Tariffs

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson are meeting in Geneva with a Chinese delegation to discuss high tariffs imposed by both countries, disrupting over $660 billion in trade annually; prospects for de-escalation are currently considered low.

US-China Trade Talks Begin in Geneva Amidst High Tariffs

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson are meeting in Geneva with a Chinese delegation to discuss high tariffs imposed by both countries, disrupting over $660 billion in trade annually; prospects for de-escalation are currently considered low.

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What are the immediate consequences of the Geneva meeting between US and Chinese officials regarding trade tariffs?

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson began talks in Geneva with a Chinese delegation led by Vice Premier He Lifeng, as reported by Xinhua. The exact location within Geneva wasn't disclosed. Both sides confirmed the talks but remained anonymous. Prospects for de-escalation are low.

foxnews.com

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May 10, 01:11

Republican Tax Hike Debate Divides Party

President Trump's suggestion of raising taxes on the ultra-wealthy to fund tax cuts for the middle and working classes is dividing Republicans, creating internal conflict between fiscal conservatism and populist policies, with potential impacts on the party's legislative agenda and public image.

Republican Tax Hike Debate Divides Party

President Trump's suggestion of raising taxes on the ultra-wealthy to fund tax cuts for the middle and working classes is dividing Republicans, creating internal conflict between fiscal conservatism and populist policies, with potential impacts on the party's legislative agenda and public image.

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What are the long-term implications of this tax debate for the Republican party's political strategy and public perception?

The outcome will significantly impact the Republican party's image and future policy. A tax hike, while potentially popular with some voters, could alienate the party's traditional base and shape future tax debates. Failure to pass the tax plan would challenge the party's ability to deliver on key Trump promises and damage its credibility.

cnn.com

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May 9, 07:19

China's Export Growth Slows Amid US Tariff Impact

China's export growth slowed to 8.1% in April due to US tariffs, impacting trade with the US (-2.5% exports, -4.7% imports), adding urgency to de-escalation talks in Geneva this weekend amid broader economic challenges.

China's Export Growth Slows Amid US Tariff Impact

China's export growth slowed to 8.1% in April due to US tariffs, impacting trade with the US (-2.5% exports, -4.7% imports), adding urgency to de-escalation talks in Geneva this weekend amid broader economic challenges.

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What is the immediate economic impact of the US tariffs on China's export growth and trade with the US?

China's export growth slowed to 8.1% in April, down from 12.4% in March, as US tariffs impacted trade. Exports to the US specifically declined by 2.5%, while imports from the US fell by 4.7%. This reflects the economic strain of the ongoing trade war.

us.cnn.com

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May 9, 07:19

US Tariffs Slow China's Export Growth

China's April export growth fell to 8.1% due to US tariffs, down from 12.4% in March; exports to the US declined by 2.5%, imports by 4.7%, highlighting the trade war's impact on both economies ahead of de-escalation talks in Geneva.

US Tariffs Slow China's Export Growth

China's April export growth fell to 8.1% due to US tariffs, down from 12.4% in March; exports to the US declined by 2.5%, imports by 4.7%, highlighting the trade war's impact on both economies ahead of de-escalation talks in Geneva.

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How do the latest trade figures relate to the broader economic challenges facing China and the US?

The decline in Chinese exports reflects the ongoing US-China trade war's economic consequences. The US imposed tariffs of at least 145% on most Chinese imports, prompting retaliatory tariffs from China. This significantly reduced trade between the two nations, impacting both economies.

news.sky.com

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May 9, 16:19

Trump Floats 80% Tariff on China Ahead of Key Trade Talks

President Trump suggested lowering US tariffs on Chinese goods to 80% before high-level US-China trade talks in Switzerland, aiming to ease the damaging trade war impacting both nations and the global economy.

Trump Floats 80% Tariff on China Ahead of Key Trade Talks

President Trump suggested lowering US tariffs on Chinese goods to 80% before high-level US-China trade talks in Switzerland, aiming to ease the damaging trade war impacting both nations and the global economy.

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What are the immediate economic consequences of President Trump's proposed 80% tariff reduction on Chinese goods?

President Trump proposed reducing US tariffs on Chinese goods to 80%, a move that could significantly impact the ongoing trade war. This follows an interim trade deal with the UK and precedes key talks in Switzerland between high-level officials from both nations. The current tariffs, at 125% and 145%, respectively, amount to an effective trade embargo.

edition.cnn.com

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May 9, 01:17

Senate Blocks Bipartisan Stablecoin Bill Amid Trump Crypto Concerns

The Senate failed to advance the bipartisan GENIUS Act, a bill aimed at regulating stablecoins, by a vote of 49-48, due to Democratic concerns over President Trump's cryptocurrency dealings and insufficient consumer protections, despite initial bipartisan support and committee passage.

Senate Blocks Bipartisan Stablecoin Bill Amid Trump Crypto Concerns

The Senate failed to advance the bipartisan GENIUS Act, a bill aimed at regulating stablecoins, by a vote of 49-48, due to Democratic concerns over President Trump's cryptocurrency dealings and insufficient consumer protections, despite initial bipartisan support and committee passage.

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How did President Trump's cryptocurrency dealings influence the Democrats' decision to block the bill?

Democratic opposition stemmed from worries that the bill, in its current form, would exacerbate Trump's potential conflicts of interest and inadequately safeguard consumers. Their concerns, expressed in a letter last Saturday, highlighted weaknesses in anti-money laundering, national security, and financial system protections. This bipartisan effort, initially advancing with 18-6 support in the Senate Banking Committee, ultimately failed due to these unresolved issues and the short timeframe for revisions.

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