Chaos and uncertainty after showing Trump’s tariff
The Wall Street elite struggled with anger, anxiety, frustration and fear at the weekend in response to President Trump’s announcement of a new tariff, which is racing by Trump’s leading assistants to defend in the various appearance of news media. Some of his advisers said they have already heard from foreign countries seeking to negotiate a deal on trade.
Financial markets were severely hit by another wave of sale at the beginning of trading in Asia this morning, where investors and economists are struggling with increasing possibilities of severe economic shrinkage. The stocks in Japan decreased by more than 8 percent, while the South Korea market fell by about 5 percent. Bitcoin price decreased by 10 percent since the announcement of the customs tariff, as less than $ 78,000 decreased last night, and US oil prices decreased by 15 percent.
However, Trump’s senior economic advisers rejected the turmoil, and they insisted that the trade war would improve America’s economic wealth in the end. Speaking to reporters yesterday, Trump said he would not reflect them until the US -run -the trade deficit with China disappeared, and the European Union and other countries have disappeared. He said: “Unless we solve this problem, I will not conclude a deal.”
Like Britain’s exit from the European Union, Trump’s tariff hit a hammer kick in the applicable matter, Mark Landler, our head of our office in London, writes in an analysis. However, as in Britain’s exit from the European Union, the final repercussions are unstable: Trump can after himself. Free trade may remain so common that the rest of the world finds a way to maintain the system continuously, even without the United States, its central player.
What next: The tariff declaration on Friday fell to American companies in chaos. We asked economists, investment researchers and other experts to help understand what awaits us.
More about the Trump administration
Accounts cannot be confirmed independently, but the details match a video obtained and verified by times. They also seem to support United Nations accusations that the Israeli forces have killed relief workers, ignored their bodies and destroyed their cars.
On Saturday, after the video appeared, the Israeli army said that its preliminary accounts of its forces involved in the shooting were partially “wrong”. Here’s what we know too.
What next: After revealing the flagrant contradictions in the Israeli account, the army seemed to move more quickly than usual to address the issue. However, an official denied reports that some bodies were found binding and were shot from a close distance. Separately, Prime Minister Benjamin Netanyahu will meet President Trump this morning at the White House.
deepen: The Times examined the Israeli strike, which destroyed a displacement camp that was evacuated and killed a 4 -year -old.
Israel: Tel Aviv immigration officials denied entering two British legislators and returning them to London.
There may be chemical weapons that are not guaranteed in Syria
It is suspected that more than 100 chemical weapons sites remain in Syria after the fall of Bashar al -Assad, according to the world’s leading chemical weapons control authority. The number is much higher than any previous estimate.
The International Education Agency organization seeks to evaluate the remaining fatal stocks, and the amount is safe. Chemicals, including Sarin, mustard gas and chlorine gas, represent a major test of the interim government in Syria. Last month, the Foreign Minister said that the government will destroy any weapons that are still ongoing, but it has not yet been appointed as an ambassador to the supervisory body, which is the main first step.
For decades, the father of childhood friend, Tafi Broodiser, a correspondent of the New York Times, asked to tell his story about survival of the Holocaust. She refused – even changed a piece of news. Read the story she said will not write.
Long live souls: Theodore E. McCarrick, a high -level cardinal who was accused of misuse and was stripped of his priesthood by Pope Francis, at the age of 94.
Beginners in the conversation
Arts and ideas
Meet your new robot
Artificial intelligence drives cars, writing articles and coding. Now, Humanoids – the machines that are designed to resemble humans – are preparing to move and help in daily business. Engineer Bern Bernish hopes to put his novel, called NEO, in more than 100 homes by the end of the year.
Our technological correspondent, Kadi Metz, visited the Burnich house, shook hands with the initial model. Then a person went to the refrigerator for a bottle of water, but he needs a hand from a human technician to do so. “The robots are still learning to move in the world alone,” Kadi writes. “They need a lot of help to do so. At least, at the moment.” Read more here.
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