Trump team tries to project confidence and calm after his tariff moves rattled markets

Trump team tries to project confidence and calm after his tariff moves rattled markets
US Trade Representative Jamieson Greer testifies before the Senate Finance Committee on Capitol Hill in Washington. (AP)
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Updated 14 April 2025

Trump team tries to project confidence and calm after his tariff moves rattled markets

Trump team tries to project confidence and calm after his tariff moves rattled markets
  • White House advisers and Cabinet members tried to project confidence and calm amid Trump’s on-again, off-again approach to tariffs on imported goods

ATLANTA: Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs.
Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for his sweeping tariff agenda, disputing characterizations that he has granted tariff exceptions for certain electronics, including smart phones, whose production is concentrated in China. Rather, Trump said, “those products are subject to the existing 20 percent Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’”
White House advisers and Cabinet members tried to project confidence and calm amid Trump’s on-again, off-again approach to tariffs on imported goods from around the world. But their explanations about the overall agenda, coupled with Trump’s latest statements, also reflected shifting narratives from a president who, as a candidate in 2024, promised an immediate economic boost and lower prices but now asks American businesses and consumers for patience.
A week ago, Trump’s team stood by his promise to leave the impending tariffs in place without exceptions. They used their latest news show appearances to defend his move to ratchet back to a 10 percent universal tariff for most nations except China (145 percent), while seeming to grant exemptions for certain electronics like smartphones, laptops, hard drives, flat-panel monitors and semiconductor chips.
Here are the highlights of what Trump lieutenants said last week vs. Sunday:
There are varying answers on the purpose of the tariffs
Long before launching his first presidential campaign in 2015, Trump bemoaned the offshoring of US manufacturing. His promise is to reindustrialize the United States and eliminate trade deficits with other countries.
LAST WEEK
Commerce Secretary Howard Lutnick, interviewed on CBS’ “Face the Nation,” played up national security. “You’ve got to realize this is a national security issue,” he said, raising the worst-case scenarios of what could happen if the US were involved in a war.
“We don’t make medicine in this country anymore. We don’t make ships. We don’t have enough steel and aluminum to fight a battle, right?” he said.
SUNDAY
Lutnick stuck to that national security framing, but White House trade adviser Peter Navarro focused more on the import taxes being leverage in the bigger economic puzzle.
“The world cheats us. They’ve been cheating us for decades,” Navarro said on NBC’s “Meet the Press.” He cited practices such as dumping products at unfairly low prices, currency manipulation and barriers to US auto and agricultural products entering foreign markets.
Navarro insisted the tariffs would yield broader bilateral trade deals to address all those issues. But he also relied on a separate justification when discussing China: the illicit drug trade.
“China has killed over a million people with their fentanyl,” he said.
Speaking before Trump’s Truth Social post disputing the notion of exemptions, Lutnick alluded to that coming policy. “They’re going to have a special focus-type of tariff to make sure that those products get reshored,” he told ABC’s “This Week.”
The status of negotiations with other nations, including China, remains fuzzy
LAST WEEK

With the higher rates set to be collected beginning April 9, administration officials argued that other countries would rush to the negotiating table.
“I’ve heard that there are negotiations ongoing and that there are a number of offers,” Kevin Hassett, director of the White House Economic Council, told ABC. He claimed that “more than 50 countries (were) reaching out,” though he did not name any.
SUNDAY
Navarro named the United Kingdom, the European Union, India, Japan, South Korea, Indonesia and Israel as among the nations in active negotiations with US Trade Representative Jamieson Greer, Lutnick and other officials.
Greer said on CBS that his goal was “to get meaningful deals before 90 days” –- the duration of Trump’s pause -– “and I think we’re going to be there with several countries in the next few weeks.”
Talks with China have not begun, he said. “We expect to have a conversation with them,” he said, emphasizing it would be between Trump and Chinese President Xi Jinping.
Trump took an aggressive tone himself Sunday in his social media post, saying “we will not be held hostage by other Countries, especially hostile trading Nations like China, which will do everything within its power to disrespect the American People.”
Navarro was not as specific about Beijing. “We have opened up our invitation to them,” he said. Lutnick characterized the outreach as “soft entrees … through intermediaries.”
Pressed on whether there is any meaningful back and forth, Navarro said, “The president has a very good relationship with President Xi.”
Then he proceeded to criticize several China’s polices and trade practices.
The pitches are different, but confidence is constant
LAST WEEK

Navarro was bullish even after US and global trading markets suffered trillions of dollars in losses.
“The first rule, particularly for the smaller investors out there, you can’t lose money unless you sell. And, right now, the smart strategy is not to panic,” he said on Fox News Channel’s “Sunday Morning Futures.”
SUNDAY
Navarro’s optimism did not waver despite another net-loss week for securities markets and rocky bond markets. “So, this is unfolding exactly like we thought it would in a dominant scenario,” he said.
Others confronted some of the more complex realities of trying to achieve Trump’s goal of restoring a bygone era of US manufacturing.
Lutnick suggested the focus is on returning high-tech jobs, while sidestepping questions about lower-skilled manufacturing of goods such as shoes that could mean higher prices because of higher wages for US workers. But some of that high-tech production is what Trump has, for now, exempted from the tariffs that he and his advisers frame as leverage for forcing companies to open US facilities.
Hassett did acknowledge widespread angst.
“The survey data has been showing that people are anxious about the changes a little bit,” he said, before steering his answer to employment rates. “The hard data,” he said, “has been really, really strong.”


Sarkozy conviction exposes political divide in crisis-hit France

Updated 2 sec ago

Sarkozy conviction exposes political divide in crisis-hit France

Sarkozy conviction exposes political divide in crisis-hit France
The conviction comes at a deeply sensitive moment, with France in political deadlock and the far-right sensing its best ever chance to come to power
Henri Guaino, a former special adviser to Sarkozy, called the conviction “a humiliation for the state and its institutions“

PARIS: The dramatic decision to send former president Nicolas Sarkozy to prison for criminal conspiracy has laid bare France’s stark political divisions, with the move cheered by the left but slammed by the ascendant right.
Sarkozy, seen as a mentor to many conservative politicians, was convicted on Thursday over a scheme enabling late Libyan dictator Muammar Qaddafi to fund his 2007 presidential run.
He must serve his sentence while awaiting the outcome of his appeal, and will be the first French postwar leader to serve jail time.
The conviction comes at a deeply sensitive moment, with France in political deadlock and the far-right sensing its best ever chance to come to power.
Speaking to broadcaster RTL, Henri Guaino, a former special adviser to Sarkozy, called the conviction “a humiliation for the state and its institutions.”
Guaino urged President Emmanuel Macron to pardon Sarkozy, who was president of France from 2007 to 2012, allowing him to avoid prison.
There was no immediate reaction from Macron’s office.
Despite his legal troubles, Sarkozy still enjoys considerable influence and popularity on the French right and has on occasion had private meetings with Macron.

- ‘It’s Nicolas who pays’ -

In an editorial, conservative French daily Le Figaro denounced the court ruling as “absurd and incomprehensible,” claiming there was no “tangible evidence” of Sarkozy’s wrong-doing.
Left-leaning Liberation featured Sarkozy’s face on its front page, with the words “The slammer” printed over it.
Far-right leader Marine Le Pen, who has herself been convicted of embezzlement and insists she is a target of a “witch hunt,” criticized Thursday’s ruling.
She argued on X that the use of provisional enforcement represented “a great danger, in view of the fundamental principles of our law, foremost among which is the presumption of innocence.”
In France, provisional enforcement means that a judicial decision will be implemented even as the appeals process plays out.
Le Pen drew parallels between her own case — which saw her banned from standing for office for five years, scuppering her chances of running in France’s 2027 presidential election unless she wins her appeal — and that of Sarkozy.
“A number of magistrates have a kind of scorecard where they try to pin down as many politicians as possible,” she told broadcaster LCI.
But some on the left expressed their satisfaction.
“In the end, it’s Nicolas who pays,” quipped hard-left lawmaker Anais Belouassa-Cherifi, referring to a right-wing viral meme denouncing the tax burden on ordinary French people.
But Liberation daily said it did not see the conviction as a cause for celebration.
In an editorial, the newspaper said Sarkozy’s case as well as various other political scandals only serve to widen the gap between the French people and the elites.
There is “only one winner in the long run: the far right.”
The court ordered that Sarkozy should be placed in custody at a later date, with prosecutors to inform him on October 13 when he should go to prison.
He has already been convicted in two separate trials but always avoided jail.

French niece of militant propagandists offers ‘apologies’ to victims

French niece of militant propagandists offers ‘apologies’ to victims
Updated 45 min 31 sec ago

French niece of militant propagandists offers ‘apologies’ to victims

French niece of militant propagandists offers ‘apologies’ to victims
  • Speaking in court on Friday, Jennyfer Clain, a niece of Jean-Michel and Fabien Clain offered her “apologies” to all “direct and indirect victims” of the militants
  • “I am not asking them to forgive me, it is unforgivable, but I offer them my deepest and most sincere apologies,” she said

PARIS: A niece of a notorious militant propagandists on trial for joining the Daesh group and taking her children with her apologized to all victims of the militants as well as her family.
Speaking in court on Friday, Jennyfer Clain, a niece of Jean-Michel and Fabien Clain, who publicly claimed responsibility on behalf of Daesh for the Paris attacks on November 13, 2015, offered her “apologies” to all “direct and indirect victims” of the militants, “in France, Syria, Iraq and elsewhere.”
During the worst attack on Paris since World War II, militant gunmen and suicide bombers killed 130 people at the Bataclan concert hall and elsewhere.
The Clain brothers are presumed to have died during the military campaign launched by US-backed Kurdish groups to defeat IS. In 2022, they were sentenced in absentia to life imprisonment without parole.
“I am not asking them to forgive me, it is unforgivable, but I offer them my deepest and most sincere apologies,” she said, referring to the victims.
Jennyfer Clain and two other French women went on trial in Paris last week, accused of traveling to the Middle East to join the Daesh group.
Jennyfer Clain went to the Middle East with four children, and her fifth baby was born in Raqqa, the Daesh group’s one time capital.
The two other women on trial are Jennyfer Clain’s sister-in-law, Mayalen Duhart, 42, and 67-year-old Christine Allain, the women’s mother-in-law.
Duhart brought her four children with her, and had a baby there, who died at seven months.
Weeping in court, Jennyfer Clain asked her five children, who have been placed in foster care since their return to France in 2019, for “forgiveness.”
“I am sorry for everything they have been through because of me,” she said. “I have failed in my role as a mother,” said the 34-year-old, who is also on trial for abandoning minors.
A representative of the National Anti-Terrorism Prosecutor’s Office has requested a 13-year prison sentence for her.
Duhart also sobbed in court.
Released on parole, she said that a return to prison would be a “disaster” for her children, who have also been placed in foster care.
Prosecutors requested a 10-year prison sentence for Duhart.
“I am not a victim,” she said. “The victims are the others, those who were tortured and massacred by the organization I belonged to. I am responsible.”
Earlier this week the presiding judge had pointed out to the three women that they had not said anything about “the victims of the attacks.”
Allain said that she had been “touched” by her meeting in prison with Georges Salines, the father of Lola Salines, one of the victims killed at the Bataclan.
Prosecutors have requested a 15-year prison sentence for her.
The verdict is expected later Friday.


Russia has ill intentions toward the whole world, Polish PM says

Russia has ill intentions toward the whole world, Polish PM says
Updated 26 September 2025

Russia has ill intentions toward the whole world, Polish PM says

Russia has ill intentions toward the whole world, Polish PM says
  • “European allies have never been so united... we need to be vigilant,” Tusk said

WARSAW: Russia has ill intentions toward the whole world and Europe is finally more united in its views on the threat from Moscow, Polish Prime Minister Donald Tusk said on Friday.
“European allies have never been so united... we need to be vigilant. Russia has ill intentions toward the whole world, and those who border with it are the first to feel it,” Tusk told reporters when asked about recent drone incidents.


Germany’s Merz says Europe still far too dependent on software from US

Germany’s Merz says Europe still far too dependent on software from US
Updated 26 September 2025

Germany’s Merz says Europe still far too dependent on software from US

Germany’s Merz says Europe still far too dependent on software from US
  • Merz said rules are no longer being observed in the United States

BERLIN: Germany still depends far too much on software from the United States, Chancellor Friedrich Merz said on Friday, calling for Europe to focus more on digital sovereignty and its own data centers.
“I want us in Europe, not just us in Germany, but we in Europe as a whole, to become more independent, more sovereign, and to develop some of our strengths ourselves,” he told an audience at a summit in Berlin.
He said rules are no longer being observed in the United States, which has fundamentally transformed over the last few years so that changes will not revert after the next election.


Bangladesh, Oman to boost cooperation in diplomatic training

Bangladesh, Oman to boost cooperation in diplomatic training
Updated 26 September 2025

Bangladesh, Oman to boost cooperation in diplomatic training

Bangladesh, Oman to boost cooperation in diplomatic training
  • New agreement offers master degree-equivalent program for foreign service officials
  • Dhaka, Muscat agree to strengthen bilateral cooperation during FMs meeting in New York

DHAKA: Bangladesh and Oman have signed an agreement to increase diplomatic cooperation following a meeting between their foreign ministers on the sidelines of the UN General Assembly in New York this week, the Bangladeshi foreign ministry said on Friday.

Bangladesh’s Foreign Affairs Adviser Touhid Hossain and Omani Foreign Minister Sayyid Badr Al-Busaidi signed a memorandum of understanding on diplomatic studies and training, which is expected to boost collaboration in capacity-building, training and exchange of expertise.

“Under this MoU, foreign service officials from both countries will get opportunities for academic training and education. This will offer a master degree-equivalent program for foreign service officials,” Mostofa Jamil Khan, West Asia director at the Bangladeshi Ministry of Foreign Affairs, told Arab News.

“Oman (places great importance) on career diplomats for maintaining international relations. They are (more highly) trained … It will be a good thing for our foreign service officials. We hope that, in the coming days, this agreement will also expand for other civil service officials.”

During their meeting in New York, Hossain and his counterpart also “reaffirmed their commitment to further deepen bilateral cooperation in areas of mutual interest,” according to the Bangladeshi foreign ministry.

Around 700,000 Bangladeshis live and work in Oman — one of the largest populations of Bangladeshi migrant workers abroad.

Bangladesh is optimistic about the new area of cooperation, which Khan said has the potential to further expand in the future.

“We hope that, in the first batch, we will be able to send 20 to 25 students to Oman. This is just the beginning, and there are opportunities to increase,” he said.

“In the long run, it will help our foreign service officials to have a better understanding (of) Oman, which will eventually boost the bilateral relationship.”