Category: World

China accuses US of 'double standards' over tariff threat4 hours agoShareSaveStephen McDonellChina correspondent andNick Edserbusiness reporterShareSaveGetty ImagesDonald Trump's latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China's government has said.
A commerce ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US president carries out his threat, adding it was “not afraid” of a possible trade war.
On Friday, Trump hit back at Beijing's move to tighten its rules for rare earths exports, accusing it of “becoming very hostile” and trying to hold the world “captive”. He also threatened to pull out of a meeting with China's President Xi Jinping later this month.
But on Sunday, Trump wrote: “Don't worry about China, it will all be fine!”
“Highly respected President Xi just had a bad moment. He doesn't want Depression for his country,..

Gaza experiencing 'real starvation', Trump says2 hours agoShareSaveDavid GrittenBBC News, JerusalemGraeme BakerBBC NewsShareSaveReutersTom Fletcher, UN humanitarian chief, said most of the UN's food lorries were looted by desperately hungry Palestinians after entering Gaza on SundayThere is “real starvation” in Gaza, Donald Trump has said, after Israeli Prime Minister Benjamin Netanyahu insisted there was no such thing.
Asked if he agreed with Netanyahu that it was a “bold-faced lie” to say Israel was fuelling hunger in Gaza, the US president replied: “I don't know… those children look very hungry… that's real starvation stuff.”
Speaking during a meeting with UK Prime Minister Keir Starmer in Scotland, Trump said: “Nobody's done anything great over there. The whole place is a mess… I told Israel maybe they have to do it a different way.”
His comments came after the UN's humanitarian chief said “vast amounts” of food were needed to stave off sta..

Putin must agree Ukraine ceasefire in 10 or 12 days, says Trump8 hours agoShareSaveLaura GozziBBC NewsShareSaveI'm disappointed with President Putin, Trump saysDonald Trump has presented a new, shorter deadline for Russia to agree to a ceasefire over the war in Ukraine of “ten or 12 days” from Monday.
The US president said there was “no reason” in waiting any longer as no progress towards peace had been made.
Two weeks ago, Trump said President Vladimir Putin had 50 days to end the war or Russia would face severe tariffs.
Speaking at a news conference in Scotland, Trump said he would confirm the new deadline on Monday or Tuesday, but reiterated the threat to impose sanctions and secondary tariffs on Moscow.
Earlier in July he said those would amount to 100% tax imposed on any country that trades with Russia.
This would make the goods so expensive that US businesses would likely choose to buy them cheaper from elsewhere, resulting in lost revenue for both Russia and the country t..

EU and US agree trade deal, with 15% tariffs for European exports to America17 minutes agoShareSaveSarah SmithBBC North America Editor, at Turnberry, ScotlandShareSaveI think it's the biggest deal ever made – TrumpThe United States and European Union have reached a trade deal, ending a months-long standoff between two of the world's biggest economic partners.
After make-or-break negotiations between President Donald Trump and European Commission President Ursula Von der Leyen in Scotland, the pair settled on a US tariff on all EU goods of 15%.
That is half the 30% import tax rate Trump had threatened to implement starting on Friday. He said the 27-member bloc would open its markets to US exporters with zero per cent tariffs on certain products.
Von der Leyen also hailed the deal, saying it would bring stability for both allies, who together account for almost a third of global trade.
Trump has wielded tariffs against major US trade partners in a bid to reorder the global eco..

Malnutrition in Gaza at alarming levels, WHO warns as aid airdrops resume3 hours agoShareSaveRuth ComerfordBBC NewsShareSaveWatch: Air drop aid seen arriving in northern GazaThe World Health Organization has warned malnutrition has reached “alarming levels” in Gaza with rates on a “dangerous trajectory”, after aid airdrops resumed in the Strip.
Jordan and the UAE dropped aid into Gaza on Sunday after Israel began what it called a “tactical pause” in fighting.
Israel had said it would halt military operations for 10 hours a day in parts of Gaza and allow aid corridors for UN convoys, to “refute the false claim of intentional starvation”. Hamas accused it of “whitewashing its image before the world”.
Jordan's military said its planes, working with the UAE, delivered 25 tonnes of aid in three drops. A lorry convoy also entered from Egypt, with another due from Jordan.
However, medics reported nine killed and 54 injured by Israeli fire near an aid convoy route in central Gaza. An airs..