Tag: Mr Trump
The United States and China have announced an initial trade deal that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world’s two largest economies.
- The centrepiece of the deal is a pledge by China to purchase an additional $US200 billion of US farm products and other goods
- Mr Trump said China would buy $US40-50 billion in additional US services and $US75 billion more in manufacturing goods
- The deal fails to address many of the structural differences that led the Trump administration to start the trade war
Beijing and Washington portrayed their “Phase 1” agreement as a momentous step on Wednesday (local time) after months of start-stop talks punctuated by tit-for-tat tariffs that uprooted supply chains and stoked fears of a further slowdown in the global economy.
“Together we are righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers and families,” US President Donald Trump said as he touted the deal at the White House alongside Chinese Vice Premier Liu He and other officials.
The centrepiece of the deal is a pledge by China to purchase at least an additional $US200 billion ($290 billion) of US farm products and other goods and services over two years, over a baseline of $US186 billion in purchases in 2017.
The deal would include $US50 billion in additional orders for US agricultural products, Mr Trump said, adding he was confident that US farmers would be able to meet the greater demand.
He also said China would buy $US40 billion to $US50 billion in additional US services, $US75 billion more in manufacturing goods, and $US50 billion more of energy supplies.
Officials from both countries have touted the deal as ushering in a new era for US-Sino relations, but it fails to address many of the structural differences that led the Trump administration to start the trade war.
These differences include Beijing’s long-standing practice of propping up state-owned companies, and flooding international markets with low-priced goods.
Mr Trump, who has embraced an “America First” policy aimed at rebalancing global trade in favour of US companies and workers, said China had pledged action to confront the problem of pirated or counterfeited goods, and that the deal included strong protection of intellectual property rights.
Chinese President Xi Jinping told Mr Donald Trump in a letter, read by Chinese Vice Premier Liu He at the signing of the deal in Washington, that he welcomes the Phase 1 trade deal reached with the US.
Mr Xi also told Mr Trump in the letter that he is willing to stay in close touch with the American leader and that the agreement shows how the two countries can resolve their differences and find solutions based on dialogue.
Meanwhile, Charles Schumer the Senate Minority Leader, slammed the news of the trade deal saying it “does next to nothing of substance for workers feeling the brutal, merciless weight of China’s trade and industrial abuse.”
Mr Schumer added: “I greatly fear that President Xi is laughing at us behind our backs for having given away so little at the expense of American workers, farmers and businesses.”
‘Radical shift in Chinese spending unlikely’
Earlier, top White House economic adviser Larry Kudlow told Fox News the agreement would add 0.5 percentage points to US gross domestic product growth in both 2020 and 2021.
But some analysts have expressed scepticism it will set US-China trade on a new trajectory.
“I find a radical shift in Chinese spending unlikely. I have low expectations for meeting stated goals,” said Jim Paulsen, chief investment strategist at Leuthold Group in Minneapolis.
“But I do think the whole negotiation has moved the football forward for both the US and China.”
The deal doesn’t end retaliatory tariffs on American farm exports, makes farmers “increasingly reliant” on Chinese state-controlled purchases, and doesn’t address “big structural changes,” Michelle Erickson-Jones, a wheat farmer and spokeswoman for Farmers for Free Trade, said in a statement.
The Phase 1 deal, reached in December, cancelled planned US tariffs on Chinese-made cell-phones, toys and laptop computers and halved the tariff rate to 7.5 per cent on about $US120 billion worth of other Chinese goods, including flat panel televisions, Bluetooth headphones and footwear.
But it will leave in place 25 per cent tariffs on a vast, $US250 billion array of Chinese industrial goods and components used by US manufacturers, and China’s retaliatory tariffs on over $US100 billion in US goods.
Market turmoil and reduced investment tied to the trade war cut global growth in 2019 to its lowest rate since the 2008-2009 financial crisis, the International Monetary Fund said in October.
Tariffs on Chinese imports have cost US companies $US46 billion. Evidence is mounting that tariffs have raised input costs for US manufacturers, eroding their competitiveness.
Mr Trump, who has been touting the Phase 1 deal as a pillar of his 2020 re-election campaign said he would agree to remove the remaining tariffs once the two sides had negotiated a “Phase 2” agreement.
He added that those negotiations would start soon.
He also said he would visit China in the not-too-distant future.
Trump spoke for 10 minutes while the world watched. But 10 words tell us all we need to know about what might come next
Iran, Islamic Republic Of
He knew the world was watching, so US President Donald Trump chose a provocative first line.
“As long as I am President of the United States, Iran will never be allowed to have a nuclear weapon,” he said, before saying good morning and launching into scripted remarks.
It’s not the first time he’s made such a statement, but it was a notable choice for what was the President’s first formal explanation of the US position on Iran.
@realDonaldTrump: IRAN WILL NEVER HAVE A NUCLEAR WEAPON!
Flanked by his top military brass, Mr Trump spoke for roughly 10 minutes during America’s work day but Iran’s primetime hours.
It’s been five days since the US assassinated Iranian General Qassem Soleimani in retaliation for an Iranian strike that left four servicemen wounded and one American contractor dead.
But it’s been more than a year since Mr Trump fulfilled his campaign promise to pull out of the Iran nuclear deal. Tensions have only escalated as Iran and America exchange threats and provocations.
With his latest remarks, Mr Trump appears to be maintaining, but not escalating, the sense of tension. He’s decided to respond to Iran’s latest move with another round of economic sanctions, which will “remain until Iran changes its behaviour”.
“Iran appears to be standing down, which is a good thing for all parties concerned, and a very good thing for the world,” he said.
“The United States is ready to embrace peace with all who seek it.”
In other words, military escalation appears to be on pause for now.
But given his choice of an opening salvo, it’s clear peace comes with conditions. Mr Trump is leaving the door open to resuming the rhetoric if Iran pursues a bloodier revenge.
New nuclear deal still one of Trump’s campaign promises
Mr Trump took time to praise America’s military preparedness and mentioned new supersonic weapons capabilities.
“We continue to evaluate options,” he said.
It’s unclear what the sanctions will target and what effect, if any, they’d have. There are years’ worth of sanctions already stacked on Iran’s beleaguered economy.
Mr Trump has long detested the Obama-era JCPOA, also known as the Iran Nuclear Deal, which promised to end many of the sanctions on Iran in exchange for the country’s responsible and peaceful development of nuclear power.
The deal was considered Barack Obama’s signature foreign policy agreement. Mr Trump called it “weak” and “a failure” while on the campaign trail in 2016.
“This was a horrible, one-sided deal that should have never, ever been made … It didn’t bring calm, it didn’t bring peace, and it never will,” he said.
The Trump administration officially pulled out of the agreement in May 2018, and began a “maximum pressure campaign” that involved slapping a lot of sanctions on the country. The White House promised to renegotiate the deal and outlined 12 criteria for Iran to meet in order to start talks.
Iranian Supreme Leader Ayatollah Ali Khamenei scoffed at the suggestion.
“Even if we ever — impossible as it is — negotiated with the US, it would never ever be with the current US administration,” he said.
Mr Trump was heavily criticised for the change in policy and the resulting tensions that boiled up.
The remaining seven parties signed onto the deal have struggled to salvage the agreement, and after the death of Soleimani last week, Iran announced it would begin enriching more uranium.
@JZarif: As 5th & final REMEDIAL step under paragraph 36 of JCPOA, there will no longer be any restriction on number of centrifuges This step is within JCPOA & all 5 steps are reversible upon EFFECTIVE implementation of reciprocal obligations Iran's full cooperation w/IAEA will continue
Foreign policy experts said this quashed any hopes the deal might be restored.
But if today means Mr Trump is keeping one campaign promise stagnant, he’ll use the occasion to boast a victory on another: Keeping the US out of foreign entanglements.
True, the US has positioned an extra 2,800 troops in the area in recent days. But threats and sanctions aren’t the same as actual bloodshed, especially in the eyes of his supporters.
Trump puts pressure on US allies
Mr Trump also spent part of today’s speech urging European countries to ditch the deal and join his maximum pressure campaign.
“Iran’s hostilities substantially increased after the foolish Iran nuclear deal was signed,” Mr Trump said.
“Instead of saying thank you to the United States, they chanted ‘Death to America’. In fact, they chanted ‘Death to America’ the day the agreement was signed.
“Iran went on a terrorist spree funded by the money from the deal and created hell in Yemen, Syria, Lebanon, Afghanistan and Iraq.”
It’s unclear what the JCPOA parties — including Germany, France, the United Kingdom, Russia and China — will do next. Mr Trump’s actions put them in a tough spot.
The deal was considered one of the European Union’s crowning foreign policy achievements, in part because it helped the region keep good ties with both the US and China.
China has a good track record of relations with Iran and is an economically important ally to Europe.
Mr Trump is effectively asking America’s long-standing European allies to choose between him or the leaders in Beijing.
That’d be a tough decision to make, even without the chance that the President might be out of office after the election.
The allies are surely also considering that the President could do something predictably unpredictable like suddenly kill an Iranian general or reverse course and start new talks.
Much depends on Iran’s response
Mr Trump’s speech gave little clarification of the specific motivations for killing General Soleimani other than to say he was responsible for taking the lives of hundreds of Americans and had been planning something very big.
The administration has offered only vague explanations after being pressed by the media and the public over the past few days. Mr Trump and his top aides are expected to discuss that intelligence today and decide whether to declassify the information for public release.
In terms of an Iranian response, the country’s Foreign Minister has already indicated the country has responded with proportionate force and does not seek to escalate tensions or go to war.
But with that slap-in-the-face-type opening line Mr Trump used, it could enrage the Iranians into taking more subtle steps to provoke the US in coming months. The question is how much.
More stories on the tension between the US and Iran:
- Donald Trump’s provocative opening line might just lead to more tension with Iran
- Don’t let Iran’s attack fool you — Soleimani was a bigger problem alive than dead
- I’ve watched real-time lethal drone strikes. This is how an attack plays out
- Iran has retaliated against the US. Here’s what you need to know
- Trump knew Iran would retaliate for Soleimani’s killing – here’s why he did it anyway
- Ayatollah warns Iran missile strike is a ‘slap on the face’ against US
- Could tension between the US and Iran spark World War 3
- ‘The brink of a catastrophic military clash’: Here’s what’s happening between the US and Iran
- Here’s why the US killing Iranian General Qassem Soleimani is such a big deal
- America and Iran are teetering on the brink of war. This is why they hate each other
In September 2001, America was stunned. Terrorist attacks had reduced the Twin Towers to rubble and shattered the nation’s sense of invincibility.
But amidst the fear, smoke and soot in New York, one man forged an image of strength — the city’s mayor, Rudy Giuliani.
“I was with him on the morning of 9/11 and he was magnificent,” said Andrew Kirtzman, a former journalist.
“He comforted people, reassured them. For a long time afterwards, he was beloved. He was almost above politics.”
Oprah Winfrey called him “America’s mayor.”
An honorary knighthood from Queen Elizabeth followed. He was named Time magazine’s Person of the Year and a film was made about him, starring actor James Woods.
To many outside the United States, who were underwhelmed by the Republican President George W Bush, he came to embody the resilience that defined the world’s undisputed superpower.
“He was a man of integrity and ethics,” said Ken Frydman, who used to serve as Mr Giuliani’s press secretary and was even married by him.
“Now, people ask: what’s happened to him? Has he lost it?”
From 9/11 hero to impeachment villain
Eighteen years on, Mr Giuliani is once again the star of a pivotal national moment.
But now, his reputation has been shattered; his halo dislodged.
As Donald Trump’s divisive personal lawyer, he is a key character in the Ukraine scandal that led to the impeachment of the 45th President.
Democrats portray him as a villain, an architect of a failed plan to abuse the power of the Oval Office to dig up dirt on Joe Biden, the Commander-in-Chief’s potential opponent at the 2020 election.
He is so central to the case against Mr Trump that frustrated Republican Mark Meadows recently remarked, “this is an impeachment of Rudy Giuliani”.
Even some of the President’s allies think he is a liability and want him sacked.
But to understand how “America’s mayor” squandered much of his goodwill and ended up in such a precarious position, you have to look back at how he rose to fame.
The rise of Rudy Giuliani
Mr Giuliani made a name for himself in the 1980s as the US Attorney for the Southern District of New York.
The brash prosecutor attracted enormous attention by taking on the city’s famous mafia families and Wall Street insider trading.
The then-moderate Republican used his profile to run for mayor, winning on his second attempt.
A lover of the limelight, his first act the morning after being elected was to make a guest appearance on “The Non-Fat Yoghurt” episode of hit TV sitcom Seinfeld.
Rudy Giuliani made a cameo on the classic frozen yoghurt episode of Seinfeld
While in office, Mr Giuliani got to know Mr Trump, who was then an equally colourful New York property tycoon.
In 2000, they appeared in a bizarre parody video together, where Mr Giuliani, dressed in drag, had his fake breasts nuzzled by Mr Trump.
“Oh, you dirty boy, you!” Mr Giuliani exclaimed, before slapping Mr Trump’s face.
Trump and Giuliani filmed the skit for annual New York city charity dinner in 2000.
His time in City Hall is warmly remembered by many Republicans but it was regularly pockmarked by controversies or publicity stunts.
He surprised his wife by announcing their separation at a press conference, cracked down on homeless people and presided over a contentious stop-and-frisk policing policy, which he still claims reduced crime and helped him clean up the city.
The then-mayor also had his own radio show, which is perhaps best remembered now for a spectacular, fiery confrontation with a ferret owner.
“This excessive concern with little weasels is a sickness,” Mr Giuliani told the head of a New York ferrets’ rights advocacy group.
“There’s something deranged about you.”
Mayor Giuliani yells at a caller about ferrets during a radio show
Long-term critics of “America’s mayor” claim there’s plenty of evidence to suggest his controversial behaviour on Thursday is completely consistent with how he acted in the past.
The humiliation of ‘America’s mayor’
After leaving office, Mr Giuliani set up a couple of businesses.
He cashed in on his September 11 experiences, offering policing, security planning and counterterrorism advice to a variety of governments and companies around the world, some with less-than-perfect reputations.
On Thursday, he maintains several foreign clients, while also representing the President.
“He used to order a slice of pizza and a Diet Coke and pay for it himself because he didn’t want to be compromised by anyone,” Mr Frydman told the ABC.
“Then you fast forward to today, it seems like he will take money and work for anyone.”
But some former friends argue it was the 2008 Presidential campaign, not his business interests, that changed Mr Giuliani’s trajectory in life.
After starting as an early frontrunner in the race for the Republican Party nomination, he nose-dived spectacularly, dropping out early to endorse John McCain.
One line of attack from then-Democratic candidate Joe Biden, who went on to become Vice-President, seems to have added relevance on Thursday.
“Rudy Giuliani, there’s only three things he mentions in a sentence: a noun, a verb and 9/11,” Mr Biden said during a Democratic debate.
“There’s nothing else.”
One former associate told the ABC he believes Mr Giuliani has never forgotten that attack on one of his proudest moments.
@kylegriffin1 Important to remember this debate moment from 2007 when considering Giuliani's attacks today on Joe Biden.
Rudy Giuliani gets close to team Trump
Following his failed run and Barack Obama’s defeat of Mr McCain at the 2008 election, Mr Giuliani found his public standing had slipped.
His once-lucrative public appearance and speaking fees fell. He still had debt from his campaign and crucially, his relevance to the national debate began to fade.
Instead of guest-starring on big-budget sitcoms, the former mayor appeared as a colourful and at times controversial commentator on evening, right-wing cable news programs.
He made unfounded comments about President Obama, claiming he “didn’t love America”, and repeatedly targeted Hillary Clinton.
Rudy Giuliani starts rumours about Hillary Clinton on Fox News
“Go online and put down ‘Hillary Clinton illness,'” he once urged Fox News viewers.
“I think Hillary’s tired … she looks sick.”
By the summer of 2016, Mr Giuliani had emerged as one of Mr Trump’s most incendiary advocates.
He was among the first establishment Republicans to back the real estate mogul, calling him “an agent of change.”
Following the broadcast of the infamous Access Hollywood tape, where the future President said he could walk up to women and “grab them by the pussy”, Mr Giuliani was the only one to appear on Sunday political shows defending him.
“The fact is that men at times talk like that. Not all men but men do,” he said on CNN.
Rudy Giuliani defends Donald Trump after the Access Hollywood tape leaked
“I know he believes it’s wrong. I believe this is not the man we’re talking about today.”
Mr Trump wasn’t grateful — he reportedly thought the performances “sucked”.
But it was an early sign of just how far the former mayor would be willing to go to support Mr Trump’s ambitions.
The renewed relevance of Rudy Giuliani
Following the election of the President, Mr Giuliani pushed hard, publicly and privately, to be made Secretary of State.
“My knowledge of foreign policy is as good or better than anybody they’re talking to,” he claimed after Trump’s surprise victory.
But he was passed over, perhaps partly due to concerns about his catalogue of international clients.
It wasn’t until 2018, again during a time of crisis, that he truly entered Mr Trump’s inner circle.
“When he was invited to become the President’s personal attorney, that was a major coup for Giuliani,” Mr Kirtzman said.
“It brought him back to the centre of the action.”
His main task was grappling with the Special Counsel investigation into Russian meddling in the 2016 election, led by Robert Mueller.
Allegations of possible Kremlin collusion with the Trump campaign had cast a long, dark cloud over the first few years of the administration.
A frustrated Commander-in-Chief, who had seen several close confidants indicted, was demanding a more aggressive response.
From the outset, Mr Giuliani delivered during a series of chaotic encounters with journalists.
“There’s nothing wrong with taking information from Russians. It depends on where it came from,” he claimed in one exchange.
Rudy Giuliani defends taking info from the Russians
When Mr Giuliani discovered the President would not face charges from the probe, he decided impeachment — a political, not criminal, proceeding — was the biggest threat to his client’s grasp on the Oval Office.
So, at the end of last year, he turned his attention to eastern Europe, looking for anything that could be used to challenge damaging findings.
Rudy Giuliani looks to Ukraine
For some time, a debunked story has circulated on fringe right-wing websites suggesting it was Ukraine, not Russia, that was responsible for meddling in the 2016 US election.
While the narrative is pushed by the Kremlin, the US intelligence community has unanimously concluded it is false.
But while Mr Giuliani was digging into the theory, he came across separate unsubstantiated claims that Joe Biden — now one of Mr Trump’s leading political rivals — abused his power as Vice-President in 2016 to protect his son’s business interests in Ukraine.
But there’s plenty to show Mr Giuliani and associates began promoting the claim and pushing for Ukraine to announce investigations.
Official inquiries into the Bidens and 2016 meddling theories could have been beneficial to his most important client, the President, as he campaigned for re-election.
The shadowy work of Mr Trump’s private lawyer in eastern Europe made many US officials uncomfortable.
“Giuliani’s a hand grenade who’s going to blow everybody up,” former national security adviser John Bolton reportedly warned.
Impeachment risk fades then rapidly re-emerges
On the 24th of July, Robert Mueller made his long-awaited appearance before Congress to discuss his inquiry’s findings.
But the special counsel was an anti-climactic witness.
Many Democrats were left deflated and Trump supporters were jubilant – the threat to the President seemed over.
But the next morning, Mr Trump changed everything.
While chatting with his newly-elected Ukrainian counterpart Volodymyr Zelensky, he asked for a “favour”.
The President urged him to look into the two theories his personal lawyer was pushing.
“Rudy very much knows what’s happening and he is a very capable guy. If you could speak with him that would be great,” the President asked.
That conversation triggered a CIA whistle-blower complaint, which quickly turned into a full-blown investigation.
It heard allegations that military aid and a White House visit were being withheld as leverage to get the Ukrainian inquiries launched.
Democrats claim there is enough evidence to throw the 45th President out of office in an impeachment trial in the Senate.
They say he abused his office to try to secure political help from a foreign country and then tried to cover it up.
“President Trump put his own personal and political interests above those of the nation,” leading Democrat Adam Schiff declared.
@RepAdamSchiff This is precisely the conduct the Founders were most concerned about when they provided the remedy of impeachment:
Mr Giuliani’s work to protect the President had badly backfired, though he claims to have been unfairly maligned.
“These morons, when this is over, I will be the hero,” Mr Giuliani told The Atlantic earlier this year.
“I’m acting as someone who has devoted most of his life to straightening out government.”
To make things worse, in October two associates of his were arrested with one-way tickets at an airport in Virginia.
Prosecutors have charged them with making illegal campaign contributions.
The US Attorney’s office in New York that Mr Giuliani once ran is now scrutinising his interactions with the pair.
“He’s in a world of trouble right now,” Mr Kirtzman said of Mr Giuliani.
“He’s an embattled figure, he’s facing potential indictment for his activities in Ukraine. He’s in a very precarious state.”
Will Donald Trump throw Giuliani under a bus?
Due to the numbers in the Senate, the President looks all but certain to survive the trial in the upper house of Congress early next year.
By the time he faces voters in November 2020, the Ukraine scandal could have faded into the background.
But the immediate future of his personal lawyer is far from clear.
For months, there have been signs many Republicans and a chorus of White House officials want him cut loose.
Early last month, Mr Giuliani was asked if he was worried Mr Trump could “throw him under a bus.”
“I’m not, but I do have very, very good insurance, so if he does, all my hospital bills will be paid,” he said.
His lawyer immediately claimed the comment was a joke and Mr Giuliani later called Mr Trump to apologise.
The President was already reportedly cross about a New York Times report that Mr Giuliani was pursuing business opportunities at the same time he was carrying out his shadow diplomacy.
It is well known in Washington that Mr Trump hates when others profit off him.
Rudy Giuliani rarely backs down
Despite his mounting woes, Mr Giuliani refuses to back down.
He has recently been in eastern Europe, interviewing Ukrainians for a documentary series for a conservative television outlet.
It aims to promote a pro-Trump narrative to undermine the impeachment case.
@RudyGiuliani Working on an important project with @OANN, intended to bring before the American people information
By any measure, it is a brazen act, considering many might have suggested he keep out of the spotlight for a bit.
“He’s always been one to double down and he has always liked the spotlight,” Mr Frydman said.
“He said he doesn’t care about his legacy because he’ll be dead, but the people who worked for him do.”
“I just wish he and the President would think about what they’re doing to the country.”