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.”


Trump will make Iran war decision ‘within next two weeks:’ White House

Trump will make Iran war decision ‘within next two weeks:’ White House
Updated 16 sec ago

Trump will make Iran war decision ‘within next two weeks:’ White House

Trump will make Iran war decision ‘within next two weeks:’ White House
“I will make my decision whether or not to go within the next two weeks,” Trump said

WASHINGTON: US President Donald Trump on Thursday said he will decide whether to attack Iran within a fortnight, as Israel and its regional rival continued to trade fire for a seventh day.

“Based on the fact that there’s a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,” Trump said in a statement read out by his press secretary, Karoline Leavitt.

Zelensky calls for more pressure on Russia after deadly Kyiv missile strike

Zelensky calls for more pressure on Russia after deadly Kyiv missile strike
Updated 19 June 2025

Zelensky calls for more pressure on Russia after deadly Kyiv missile strike

Zelensky calls for more pressure on Russia after deadly Kyiv missile strike
“This attack is a reminder to the world that Russia rejects a ceasefire and chooses killing,” Zelensky wrote on Telegram
He thanked Ukraine’s partners who he said are ready to pressure Russia to “feel the real cost of the war”

KYIV: Ukrainian President Volodymyr Zelensky on Thursday said a Russian missile strike on a nine-story Kyiv apartment building was a sign that more pressure must be applied on Moscow to agree to a ceasefire, as Moscow intensifies attacks in the three-year war.

The drone and missile attack on Kyiv early on Tuesday, the deadliest assault on the capital this year, killed 28 people across the city and injured 142 more, Kyiv Military Administration head Tymur Tkachenko said on Thursday.

Zelensky, along with the head of the presidential office Andrii Yermak and Interior Minister Ihor Klymenko, visited the site of the apartment building in Kyiv’s Solomianskyi district Thursday morning, laying flowers and paying tribute to the 23 people who died there after a direct hit by a missile collapsed the structure.

“This attack is a reminder to the world that Russia rejects a ceasefire and chooses killing,” Zelensky wrote on Telegram, and thanked Ukraine’s partners who he said are ready to pressure Russia to “feel the real cost of the war.”

Intensifying attacks
Tuesday’s attack on Kyiv was part of a sweeping barrage as Russia once again sought to overwhelm Ukrainian air defenses. Russia fired more than 440 drones and 32 missiles in what Zelensky called one of the biggest bombardments of the war, now in its fourth year.

As Russia proceeds with a summer offensive on parts of the roughly 1,000-kilometer (620-mile) front line, US-led peace efforts have failed to gain traction. Russian President Vladimir Putin has effectively rejected an offer from US President Donald Trump for an immediate 30-day ceasefire, making it conditional on a halt on Ukraine’s mobilization effort and a freeze on Western arms supplies.

Meanwhile, Middle East tensions and US trade tariffs have drawn world attention away from Ukraine’s pleas for more diplomatic and economic pressure to be placed on Moscow.

Russia in recent weeks has intensified long-range attacks that have struck urban residential areas. Yet on Wednesday, Putin denied that his military had struck such targets, saying that attacks were “against military industries, not residential quarters.”

Speaking to senior news leaders of international news agencies in St. Petersburg, Putin said he was open to talks with Zelensky, but repeated his claim that the Ukrainian leader had lost his legitimacy after his term expired last year — allegations rejected by Kyiv and its allies.

“We are ready for substantive talks on the principles of a settlement,” Putin said, noting that a previous round of talks in Istanbul had led to an exchange of prisoners and the bodies of fallen soldiers.

Denmark to push for Ukraine’s EU membership during presidency

Denmark to push for Ukraine’s EU membership during presidency
Updated 19 June 2025

Denmark to push for Ukraine’s EU membership during presidency

Denmark to push for Ukraine’s EU membership during presidency
  • Hungarian Prime Minister Viktor Orban has strongly opposed providing NATO military and EU aid to Ukraine
  • Ukraine had already initiated the necessary reforms

COPENHAGEN: Denmark will continue preparing Ukraine for EU membership in the face of Hungary blocking negotiations, when the Nordic country takes over the presidency of the European Council from July 1, its European affairs minister said on Thursday.

“Unfortunately, Hungary is blocking and we are trying to put as much pressure there as we can and also do everything we can to make Ukraine continue with the necessary reform work,” European affairs minister Marie Bjerre told a press conference in Copenhagen.

Hungarian Prime Minister Viktor Orban has strongly opposed providing NATO military and EU aid to Ukraine, saying the country’s EU membership would destroy Hungarian farmers and the wider economy.

Ukraine had already initiated the necessary reforms and is ready to speed up the negotiations.

“When we get to the point where we can actually open the specific negotiation chapters, we can be ready to close them very quickly,” Bjerre said.

Denmark will also seek to reach agreement among EU nations on the bloc’s planned 2040 climate goals.

The European Commission plans to propose in July a legally binding target to cut EU countries’ emissions by 90 percent by 2040, from 1990 levels.

Faced with pushback from governments, however, Brussels is assessing options including setting a lower target for domestic industries, and using international carbon credits to make up the gap to 90 percent.


Ukraine fears being sidelined by Iran-Israel war

Ukraine fears being sidelined by Iran-Israel war
Updated 19 June 2025

Ukraine fears being sidelined by Iran-Israel war

Ukraine fears being sidelined by Iran-Israel war
  • Kyiv has welcomed Israeli attacks on a country which has directly aided and provided weapons to Moscow for its own strikes on Ukraine
  • The possibility of weaker support and attention from Washington, however, concerns Kyiv

KYIV: Fighting between Iran and Israel could deflect global attention from the Russian invasion of Ukraine and even bolster Kremlin’s war effort, Ukrainian officials say.

Israel launched a massive bombing campaign on Iran last week that prompted Tehran — a close ally of Russia — to strike back with missiles and drones.

The conflict has pushed up the price of oil — a key revenue stream funding Russia’s invasion.

“For Ukraine, the challenge is the price of oil, because if prices remain high for a long time, the Russians will earn more,” a senior Ukrainian political source told AFP.

However, Kyiv has welcomed Israeli attacks on a country which has directly aided and provided weapons to Moscow for its own strikes on Ukraine.

The campaign has left several high-ranking Iranian military officials dead and put pressure on Tehran’s military capacity that is likely to limit the practical support it can provide to Russia.

“The Iranian regime is Russia’s ally, so the more they lose, the better,” the Ukrainian source said.

“Overall, Israel is doing the whole world a favor. That is a fact,” the source added.

The possibility of weaker support and attention from Washington, however, concerns Kyiv.

The administration of US President Donald Trump, Israel’s closest ally, has made clear that its security priorities are the Middle East and Asia, with Europe lower on the list.

This could mean further Russian advances on the battlefield or deadly aerial attacks will meet with a muted reaction from a White House that already sees the Ukraine conflict mainly as a European problem.

Kyiv’s efforts to lobby for more support from Washington have been complicated by tense relations between Trump and Volodymyr Zelensky, the Ukrainian leader.

Zelensky recently told journalists that Trump was “obsessed with Iran” and conceded that its bombing campaign with Israel spelt risks for Kyiv.

“No one is claiming to have a relationship more important than America and Israel, but we would like to see the aid to Ukraine would not be reduced because of this,” he said.

He referred to Israel’s war in Gaza that was sparked by a deadly October 7, 2023 attack by Palestinian militant group Hamas, as a precedent for this.

“It was a factor that slowed down assistance to Ukraine,” he added.

In an interview with US media, the Ukrainian leader said at the beginning of this month that Washington could send “20,000” missiles needed by for Ukraine to shoot down Russian drones to the Middle East instead.

Senior officials in Zelensky’s office told AFP after the outbreak of the war in Gaza that it had spurred Ukraine to focus to developing its own arms industry.

Russia has rained down thousands of drones and missiles on Ukraine since it launched its full-scale invasion early in 2022, including Iranian-made and designed projectiles.

Israel has claimed to have attacked production sites in Iran, which has also launched silos of missiles at Israel that now cannot be sent to Russia for attacks on Ukraine.

“Let’s hope that the corresponding production or transfer (of weapons) to the Russians will decrease. This helps Ukraine,” Zelensky said.

The British defense ministry said Iran’s supply of weapons to Russia could slow as a result of Tehran’s war with Israel.

But it said global focus on the Middle East could overall help Moscow.

“Russia almost certainly perceives some benefit in the conflict as it distracts international focus from its war against Ukraine,” it said on social media.

Moscow also produces its own drones and missiles, and has received projectiles from North Korea.

Ukrainian military analyst and blogger Sergiy Sternenko was among voices to issue caution against celebrating the attacks on Iran.

“Do not rush to get too excited about the strikes on Iran. Of course, Iran is our enemy, and we wish these pigs the worst. But fighting in the Middle East will inevitably lead to higher oil prices,” he wrote.


South Africa declares national disaster as flooding death toll rises to 92

South Africa declares national disaster as flooding death toll rises to 92
Updated 19 June 2025

South Africa declares national disaster as flooding death toll rises to 92

South Africa declares national disaster as flooding death toll rises to 92
  • At least two school children who were washed away in a bus are among the unverified number of missing persons
  • Authorities have appealed for residents to report missing people

JOHANNESBURG: South Africa was under a declared state of national disaster on Thursday as the death toll from floods caused by severe rains in the Eastern Cape region rose to 92.

The Eastern Cape government honored the victims of last week’s floods with a provincial Day of Mourning and a memorial service at King Sabatha Dalindyebo Technical and Vocational Education and Training (TVET) College in Mthatha, one of the few schools whose infrastructure remained intact.

Speaking at the public memorial service, Zolile Williams, a member of the executive council, said the people of the coastal province have not been the same since the disaster hit, and many are now faced with the challenging task of rebuilding.

“Since June 9, this province has been hit hard by unprecedented, catastrophic and unimaginable disasters, where in the whole of the province, about 92 people have perished,” said Williams.

“Since that day, the Eastern Cape has not been the same. It is the first time we have experienced so many dead bodies, some of whom have not yet been found.”

An extreme weather front brought heavy rain, strong winds and snow to parts of the province caused flooding in one of South Africa’s poorest provinces last week, leaving dozens dead and roads, houses, schools and other infrastructure damaged.

At least two school children who were washed away in a bus are among the unverified number of missing persons according to local media reports, while thousands have since been displaced.

Authorities have appealed for residents to report missing people so rescuers could better understand how many people they were still looking for.

Religious leaders from different Christian religions were among the hundreds of mourners who attended the memorial ceremony, lighting candles as a symbolic expression of remembering the 92 people who died in the floods.

In a government notice on Wednesday, Elias Sithole, director of the National Disaster Management Center, said severe weather had caused property damage. and the disruption of vital services in the provinces of KwaZulu-Natal, the Eastern Cape, the Western Cape, and the Free State, which prompted South Africa to declare a national state of disaster.

The declaration allows the government to release funding for relief and rehabilitation and will remain in place until it lapses or until the conditions can no longer be categorized as such and is revoked by the head of the center.

President Cyril Ramaphosa recently visited the town of Mthatha, in Eastern Cape province, where the floods hit hardest.

Many of the Eastern Cape flood victims lived on floodplains close to rivers. Government officials said poor neighborhoods with informal dwellings were most severely impacted. Authorities have been criticized for the rescue response but also for the state of the infrastructure in the area.