Trump – stay updates: President’s plan to simply accept ‘palace in sky’ Qatari airplane dealing with Maga backlash | EUROtoday

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Bessent says China tariff deal is ‘just a pause’

Scott Bessent says the settlement reached on the weekend was “just a pause” on excessive tariffs.

“The April 2nd tariff level for China was 34 percent, so we have moved that down from 34 to 10, we still have the 20 percent fentanyl tariff that we put on in February,” he instructed CNBC.

“One of the most important things that we’re doing, we do not want a generalized decoupling from China, but what we do want is a decoupling for strategic necessities which we were unable to obtain during Covid.”

He continued: “And we realised that efficient supply chains were not resilient supply chains, so we are going to… protect our steel industry, work on critical medicines, semiconductors.”

Rachel Clun12 May 2025 13:27

Further U.S talks with China seemingly in coming weeks, Bessent says

Treasury secretary Scott Bessent says he expects to satisfy once more with Chinese counterparts to proceed commerce negotiations.

Speaking to CNBC shortly after revealing that Washington and Beijing had agreed to scale back tariffs by 115 p.c for 90 days, Bessent stated work will proceed shortly on coming to “a more fulsome agreement”.

U.S.tTreasury secretary Scott Bessent
U.S.tTreasury secretary Scott Bessent (AFP/Getty)

Rachel Clun12 May 2025 13:10

Watch: Treasury secretary introduced 90-day pause on excessive tariffs with China

Sec Bessent publicizes 90 day pause and 115 p.c tariff lower for China

Rachel Clun12 May 2025 12:55

Bernie Sanders says Trump can’t settle for ‘$400 million flying palace’

News of the slated reward of a Boeing jet to switch the ageing Air Force One airplane has drawn criticism from all sides of politics.

Independent Senator Bernie Sanders stated Congress couldn’t permit the “over-the-top kleptocracy to proceed”.

“I don’t know who needs to hear this, but NO, Donald Trump cannot accept a $400 million flying palace from the royal family of Qatar,” he wrote on X.

“Not only is this farcically corrupt, it is blatantly unconstitutional.”

(AFP by way of Getty Images)

Rachel Clun12 May 2025 12:40

Debate round reward Boeing comes forward of Middle East journey

News of the potential reward airplane comes forward of Donald Trump’s first official abroad go to, barring the funeral of Pope Francis.

The president will journey this week for visits to Saudi Arabia, Qatar, and the United Arab Emirates. The focus shall be on “economic agreements.”

The airplane – which might be one of the vital beneficial presents given to the U.S. by a international nation – won’t be offered to Trump or accepted by the U.S. whereas he’s in Qatar, Reuters reviews.

The Trump Organization, run by the president’s two eldest sons, has rising pursuits within the Middle East. An ethics settlement launched by the corporate in January forbids offers with international governments however permits these with non-public corporations.

Rachel Clun12 May 2025 12:25

Far-right Maga ally to Trump condemns plan to simply accept $400m jet reward a ‘stain’ on the administration

A far-right Maga ally of Donald Trump who claims she would “take a bullet” for the president has condemned his plans to simply accept a present from the Qatari royals as a “stain” on the administration.

Ahead of the president’s go to to the Middle East this week, ABC reported that Qatar was planning to reward a $400 million Boeing jet to Trump to switch the present getting old Air Force One jet.

The Qatari authorities stated a deal was but to be finalised, however Trump defended the reward on Truth Social on the weekend.

However, Laura Loomer stated the U.S. couldn’t settle for such a present.

“The Qataris fund the same Iranian proxies in Hamas and Hezbollah who have murdered US Service Members. The same proxies that have worked with the Mexican cartels to get jihadists across our border,” she wrote on X.

“This is really going to be such a stain on the admin if this is true.”

President Donald Trump boards Air Force One
President Donald Trump boards Air Force One (AFP by way of Getty Images)

Rachel Clun12 May 2025 12:04

Analysis: Trump craves recognition because the peacemaker president

President Donald Trump, hailing a profitable U.S.-mediated ceasefire between India and Pakistan on Saturday, introduced flashbacks to his inauguration day tackle and want to be seen as a “peacemaker.”

In his January 20 tackle, he stated: “My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be, a peacemaker and a unifier.”

On the floor, an admirable mission assertion, however beneath lies a private motive and associated gripe. President Trump has made no secret that one factor he actually wishes is a Nobel Peace Prize.

Read US Reporter Oliver O’Connell’s evaluation of whether or not Trump is prone to obtain that want beneath:

Oliver O’Connell12 May 2025 11:56

Trump says drug costs shall be lower by 59 p.c

The President says there’s “no inflation” as he prepares to signal an government order to chop the worth of prescription medicine.

Donald Trump wrote on Truth Social: “DRUG PRICES TO BE CUT BY 59%, PLUS! Gasoline, Energy, Groceries, and all other costs, DOWN. NO INFLATION!!! LOVE, DJT”

Inflation within the U.S. was 2.4 p.c within the yr to March, in line with the Bureau of Labor Statistics, however fell 0.1 p.c over the month.

Gas costs fell 6.4 p.c, whereas meals inflation rose by 0.4 p.c over the month.

Inflation figures for April shall be revealed on Tuesday.

Rachel Clun12 May 2025 11:42

‘GREAT NEWS’: Trump welcomes Hamas plan to launch U.S. captive

Donald Trump has welcomed the information that Hamas will launch the final dwelling American captive, Edan Alexander.

“EDAN ALEXANDER, AMERICAN HOSTAGE THOUGHT DEAD, TO BE RELEASED BY HAMAS. GREAT NEWS!” he wrote on social media on Monday morning.

White House envoy Steve Witkoff is anticipated to go to Israel on Monday forward of Alexander’s launch.

Witkoff spoke to Alexander’s dad and mom and instructed them about Hamas’ launch plans, Axios reviews.

A supply accustomed to the deal instructed The Independent it was a “good will” gesture after direct talks between the militant group and the U.S.

Read the total report on Alexander’s anticipated launch beneath:

Rachel Clun12 May 2025 11:29

Shipping big welcomes China-U.S. deal

Danish transport big Maersk has welcomed the 90-day pause on excessive tariffs between China and the U.S. as a step in the precise path.

“We hope it can lay the foundation for the parties to also reach a permanent deal that can create the long-term predictability our customers need,” the corporate stated in an emailed assertion.

“Right now, our customers have gotten 90 days of clarity with reduced tariffs, and we are working hard to help them make the best use of this window,” it added.

Shipping giant Maersk has welcomed the pause to high tariffs
Shipping big Maersk has welcomed the pause to excessive tariffs (EPA)

Rachel Clun, Reuters12 May 2025 11:20

https://www.independent.co.uk/news/world/americas/us-politics/trump-china-tariffs-trade-qatar-plane-latest-news-b2749234.html