BUENOS AIRES: US President Donald Trump and Chinese President Xi Jinping held high-stakes trade talks in Argentina on Saturday, and both sides signaled they made progress toward defusing a damaging tariffs war between the world’s two largest economies.
With the United States and China locked in an economic dispute that has unnerved global financial markets and weighed on the world economy, Trump and Xi sat down with their aides for a working dinner at the conclusion of a two-day gathering of world leaders in Buenos Aires.
After the 2-1/2 hour meeting, White House chief economist Larry Kudlow told reporters the talks went “very well,” but offered no specifics as he boarded Air Force One headed home to Washington with Trump.
Suggesting that at least a partial truce may have been reached to reduce trade tensions, Chinese state television said “no additional tariffs will be imposed after January 1, and negotiations between the two sides will continue,” without giving details.
Beijing’s goal was to persuade Trump to abandon plans to hike tariffs on $200 billion of Chinese goods to 25 percent in January, from 10 percent at present. Trump has threatened to go ahead with that and possibly add tariffs on $267 billion of imports if there is no progress in the talks.
The closely watched encounter came shortly after the Group of 20 industrialized nations on Saturday backed an overhaul of the global body that regulates international trade disputes, marking a victory for Trump, a sharp critic of the organization.
Trump told Xi at the start of their meeting he hoped they would achieve “something great” on trade for both countries.
He struck a positive note as he sat across from Xi, despite the US president’s earlier threats to impose new tariffs on Chinese imports as early as the start of next year.
He suggested that the “incredible relationship” he and Xi had established would be “the very primary reason” they could make progress on trade, though he offered no sense of how they might resolve the main issue dividing their countries.
Xi told Trump that only through cooperation could the United States and China serve the interest of peace and prosperity. Washington and Beijing have also increasingly been at odds over security in the Asia-Pacific region.
At the same time, Trump again raised with Xi his concern about the synthetic opioid fentanyl being sent from China to the United States, urging the Chinese leader to place it in a “restricted category” of drugs that would criminalize it.
The talks between Trump and Xi were widely seen as the most important meeting of US and Chinese leaders in years.
Afterwards, the editor of a major Chinese state-run newspaper also had a positive assessment of the outcome. “Based on information I received, talks between Xi and Trump went well and consensus was reached,” Hu Xijin, the editor of the Global Times, published by the ruling Communist Party’s official People’s Daily, wrote on Twitter, without giving details.
WTO REFORMS
Earlier on Saturday, the leaders of all the world’s top economies called for reforms to the crisis-stricken World Trade Organization in a final statement from their summit.
Officials expressed relief that agreement on the summit communique was reached after negotiators worked through the night to overcome differences over language on climate change.
The final text recognized trade as an important engine of global growth but made only a passing reference to “the current trade issues” after the US delegation won a battle to keep any mention of protectionism out of the statement.
In addition to tariffs on Chinese goods, Trump has imposed tariffs on steel and aluminums imports into the United States this year. Numerous countries have filed litigation at the WTO to contest the levies.
The United States is unhappy with what it says is the WTO’s failure to hold Beijing to account for not opening up its economy as envisioned when China joined the body in 2001. The European Union is also pushing for sweeping changes to how the WTO operates.
“Notwithstanding our differences, we have been able to agree a path forward at the G20,” French President Emanuel Macron told a news conference. “The United States has endorsed a clear multilateralist text.”
G20 delegates said negotiations on the final summit statement proceeded more smoothly than at a meeting of Asian leaders two weeks ago, where disagreements on protectionism and unfair trading practices prevented a consensus.
European officials said a reference to refugees and migration — a sensitive issue for Trump’s administration — was excised to ensure consensus.
US-China summit ends with signals of progress in defusing trade war
US-China summit ends with signals of progress in defusing trade war
- The final text recognized trade as an important engine of global growth but made only a passing reference to “the current trade issues”
Trump names loyalist Kash Patel to serve as FBI director
- The child of Indian immigrants and a former public defender, Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer for the House Permanent Select Committee on Intelligence
WASHINGTON: President-elect Donald Trump has picked Kash Patel to serve as FBI director, turning to a fierce loyalist to upend America’s premier law enforcement agency and rid the government of perceived “conspirators.” It’s the latest bombshell Trump has thrown at the Washington establishment and a test for how far Senate Republicans will go in confirming his nominees.
“I am proud to announce that Kashyap “Kash” Patel will serve as the next Director of the Federal Bureau of Investigation,” Trump posted Saturday night on Truth Social. “Kash is a brilliant lawyer, investigator, and ‘America First’ fighter who has spent his career exposing corruption, defending Justice, and protecting the American People.”
The selection is in keeping with Trump’s view that the government’s law enforcement and intelligence agencies require a radical transformation and his stated desire for retribution against supposed adversaries. It shows how Trump, still fuming over years of federal investigations that shadowed his first administration and later led to his indictment, is moving to place atop the FBI and Justice Department close allies he believes will protect rather than scrutinize him.
Patel “played a pivotal role in uncovering the Russia, Russia, Russia Hoax, standing as an advocate for truth, accountability, and the Constitution,” Trump wrote Saturday night.
It remains unclear whether Patel could be confirmed, even by a Republican-led Senate, though Trump has also raised the prospect of using recess appointments to push his selections through.
Patel would replace Christopher Wray, who was appointed by Trump in 2017 but quickly fell out of favor with the president and his allies. Though the position carries a 10-year term, Wray’s removal was not unexpected given Trump’s long-running public criticism of him and the FBI, including after a search of his Florida’s property for classified documents and two investigations that resulted in his indictment.
Patel’s past proposals, if carried out, would lead to convulsive change for an agency tasked not only with investigating violations of federal law but also protecting the country from terrorist attacks, foreign espionage and other threats.
He’s called for dramatically reducing the FBI’s footprint, a perspective that dramatically sets him apart from earlier directors who have sought additional resources for the bureau, and has suggested closing down the bureau’s headquarters in Washington and “reopen it the next day as a museum of the deep state” — Trump’s pejorative catch-all for the federal bureaucracy.
And though the Justice Department in 2021 halted the practice of secretly seizing reporters’ phone records during leak investigation, Patel has said he intends to aggressively hunt down government officials who leak information to reporters and change the law to make it easier to sue journalists.
During an interview with Steve Bannon last December, Patel said he and others “will go out and find the conspirators not just in government but in the media.”
“We’re going to come after the people in the media who lied about American citizens who helped Joe Biden rig presidential elections,” Patel said, referring to the 2020 presidential election in which Biden, the Democratic challenger, defeated Trump. “We’re going to come after you, whether it’s criminally or civilly. We’ll figure that out. But yeah, we’re putting you all on notice.”
The child of Indian immigrants and a former public defender, Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer for the House Permanent Select Committee on Intelligence.
Trump also announced Saturday that he will nominate Sheriff Chad Chronister, the top law enforcement officer in Hillsborough County, Florida, to serve as the Administrator of the Drug Enforcement Agency.
“As DEA Administrator, Chad will work with our great Attorney General, Pam Bondi, to secure the Border, stop the flow of Fentanyl, and other Illegal Drugs, across the Southern Border, and SAVE LIVES,” Trump wrote in a post on Truth Social announcing the pick.
British PM Starmer to set out detailed policy targets in week ahead
- Starmer said he would set out a “plan for change” as the next phase of delivering goals including the fastest sustained growth in the Group of Seven advanced economies, a halving of serious violent crime, lower energy bills and less ill health
LONDON: British Prime Minister Keir Starmer will set more detailed targets in the coming week to achieve the government’s five main goals on areas including growth, health care, crime and green energy, as his party approaches five months in power.
Labour won a sweeping majority in Britain’s lower house of parliament in July, taking power for the first time in 14 years, but has fallen just behind the opposition Conservative Party in some recent opinion polls.
Starmer said he would set out a “plan for change” as the next phase of delivering goals including the fastest sustained growth in the Group of Seven advanced economies, a halving of serious violent crime, lower energy bills and less ill health.
“Mission-led government does not mean picking milestones because they are easy or will happen anyway. It means relentlessly driving real improvements in the lives of working people,” Starmer said in a statement released by his office.
Government ministers and officials would be told to focus on these goals rather than individual ministries’ traditional priorities, Starmer’s office added.
Labour has not had an easy start in office. Ministers say the previous government concealed the extent of problems in areas such as prisons and the immigration system, contributing to what finance minister Rachel Reeves said was a 22 billion pound ($28 billion) black hole in public finances.
Conservatives dispute this and say much of the cost overrun reflected Labour decisions to increase pay for public-sector workers and standard in-year spending variations.
Reeves announced 40 billion pounds of tax rises in her first budget last month — up from around 8 billion pounds in Labour’s pre-election plan — on top of higher borrowing to halt a fall in public investment planned by the previous government.
Businesses have complained that they will bear the brunt of the tax rises and will probably cut investment or jobs and need to raise prices as a result.
Trump wants pardoned real estate developer Charles Kushner to become US ambassador to France
WEST PALM BEACH, Florida: President-elect Donald Trump said Saturday he intends to nominate real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France.
Trump made the announcement in a Truth Social post, calling Charles Kushner “a tremendous business leader, philanthropist, & dealmaker.”
Kushner is the founder of Kushner Companies, a real estate firm. Jared Kushner is a former White House senior adviser to Trump who is married to Trump’s eldest daughter, Ivanka.
The elder Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations.
Prosecutors alleged that after Charles Kushner discovered his brother-in-law was cooperating with federal authorities in an investigation, he hatched a scheme for revenge and intimidation.
Kushner hired a prostitute to lure his brother-in-law, then arranged to have the encounter in a New Jersey motel room recorded with a hidden camera and the recording sent to his own sister, the man’s wife, prosecutors said.
Kushner eventually pleaded guilty to 18 counts including tax evasion and witness tampering. He was sentenced in 2005 to two years in prison — the most he could receive under a plea deal, but less than what Chris Christie, the US attorney for New Jersey at the time and later governor and Republican presidential candidate, had sought.
Christie has blamed Jared Kushner for his firing from Trump’s transition team in 2016, and has called Charles Kushner’s offenses “one of the most loathsome, disgusting crimes that I prosecuted when I was US attorney.”
Trump and the elder Kushner knew each other from real estate circles and their children were married in 2009.
France returns ancient artifacts to Ethiopia
- The artifacts currently stored at the French Embassy in Addis Ababa will be delivered to the Ethiopian Heritage Directorate on Tuesday
ADDIS ABABA: France on Saturday began the return of some 3,500 archeolo-gical artifacts to Ethiopia, which Paris held since the 1980s for study.
French Foreign Minister Jean-Noel Barrot handed over two prehistoric stone axes, bifaces, and a stone cutter to Ethiopia’s Tourism Minister Selamawit Kassa during a visit to the National Museum in Addis Ababa.
The tools are “samples of nearly 3,500 artifacts from the excavations carried out on the Melka Kunture site,” a cluster of prehistoric sites south of the capital excavated under the direction of a late French researcher, Barrot said.
France and Ethiopia hold a longstanding bilateral agreement to cooperate in archeology and paleontology.
The artifacts stored at the French Embassy in Addis Ababa will be delivered to the Ethiopian Heritage Directorate on Tuesday.
“This is a handover, not a restitution, in that these objects have never been part of French public collections,” said Laurent Serrano, culture adviser at the French Embassy.
“These artifacts, which date back between 1 and 2 million years, were found during excavations carried out over several decades at a site near the Ethiopian capital,” he added.
Concern grows over rise in fatal migrant shipwrecks in Greece
- UNHCR representative: ‘Counting lives lost at sea cannot become a norm’
ATHENS: The UN refugee agency has voiced concern at a rise in deaths of migrants trying to reach Greece by sea in small boats from Turkiye, following two fatal shipwrecks this week.
The UNHCR said in a statement Friday that 17 people have died in such accidents this month, while the total so far this year is at least 45 deaths.
Some 56,000 people have illegally entered Greece since Jan. 1, mostly by sea. That’s a five-year high, and the number has already exceeded government estimates of some 50,000 arrivals by the year’s end in October.
The UNHCR representative in Greece, Maria Clara Martin, said the migrant deaths “highlight the urgent need for long-term responses and safer and credible alternatives” for people fleeing conflict, persecution, violence, or human rights violations.
“Counting lives lost at sea cannot become a norm — we should not get used to it,” she said.
The UN agency said that this week’s two fatal accidents off the eastern Aegean Sea island of Samos, which is close to the Turkish coast, saw a mother lose three of her children, while another survivor lost his wife and daughter.
Greek authorities have attributed this year’s rise in migrant arrivals to conflicts in the Middle East.
While there’s been a surge in people attempting the long and dangerous Mediterranean Sea crossing from Libya to the southern Greek island of Crete, most migrants pay smuggling gangs to ferry them from Turkiye to the eastern Aegean islands.
On Friday, the Greek coast guard said it arrested a 17-year-old Turkish youth on suspicion of having landed 16 migrants — including three children — on the eastern island of Chios.
Tunisia and Libya have become vital departure points for migrants, often from other African countries, who risk perilous Mediterranean Sea journeys in the hopes of reaching better lives in Europe.
Each year, tens of thousands of people attempt to make the crossing. Italy, whose Lampedusa island is only 150 km from Tunisia, is often their first port of call.
In the latest incident reported on Friday, two unidentified bodies were recovered off Tunisia’s eastern coast after a migrant boat capsized, with one person still missing and 28 rescued.
The boat had set sail from Teboulba, a coastal town some 180 km south of Tunis.
In late October, the bodies of 15 people believed to be migrants were recovered by authorities in Monastir, eastern Tunisia.
And in late September, 36 would-be migrants — mainly Tunisians — were rescued off Bizerte in northern Tunisia.
Since Jan. 1, at least 103 makeshift boats have capsized, and 341 bodies have been recovered off Tunisia’s coast, according to the Interior Ministry.