Exports to the U.S. fell 26% on month in August and 22% on year
https://www.wsj.com/economy/trade/eu-exports-to-u-s-drop-sharply-4b8df211
https://www.msn.com/en-us/money/markets/eu-exports-to-u-s-drop-sharply/ar-AA1OAiNE
https://www.wsj.com/economy/trade/eu-exports-to-u-s-drop-sharply-4b8df211
https://www.msn.com/en-us/money/markets/eu-exports-to-u-s-drop-sharply/ar-AA1OAiNE
President Donald Trump was loudly booed at the men’s final of the U.S. Open on Sunday, where extra security caused by his visit led to lines long enough that many people missed the start of play, even after organizers delayed it.
Wearing a suit and long, red tie, Trump briefly emerged from his suite about 45 minutes before the match started and heard a mix of boos and cheers from an Arthur Ashe Stadium that was still mostly empty. No announcement proceeded his appearance, and it was brief enough that some in the crowd missed it.
Trump appeared again to more boos before the National Anthem. Standing in salute, the president was shown briefly on the arena’s big screens during the anthem, and offered a smirk that briefly made the boos louder.
When the anthem was over, the Republican pointed to a small group of supporters seated nearby, then sat on the suite’s balcony to watch the match intently. He mostly didn’t applaud, even following major points that energized the rest of the crowd as Spain’s Carlos Alcaraz bested Jannik Sinner of Italy.
Trump was shown on the big screen again after the first set ended, and elicited a roar of louder boos and some piercing whistles. He raised his left fist in salute as the noise continued in the stadium, which with a capacity of 24,000 is one of the largest in tennis.
The president later moved back inside the suite, where he was seen seated at a table with family members and appeared to be eating, but he was back in his seat shortly before match point. Cameras briefly flashed on Trump as Alcaraz celebrated, but his reaction to the conclusion was as muted as it had been throughout most of the match. This time, there was little crowd reaction, too.
Organizers pushed the start of the match back half an hour to give people more time to pass through enhanced screening checkpoints reminiscent of security at airports. Still, thousands of increasingly frustrated fans remained in line outside as the match got underway. Many seats, especially those in upper rows, stayed empty for nearly an hour.
The Secret Service issued a statement saying that protecting Trump “required a comprehensive effort” and noting that it “may have contributed to delays for attendees.”
“We sincerely thank every fan for their patience and understanding,” it said.
Trump attended the final as a guest of Rolex, despite imposing steep tariffs on the Swiss watchmaker’s home country. The U.S. Tennis Association also tried to limit negative reaction to Trump’s attendance being shown on ABC’s national telecast, saying in a statement before play began: “We regularly ask our broadcasters to refrain from showcasing off-court disruptions.”
The reactions to Trump didn’t ultimately constitute big disruptions, though.
Going to the U.S. Open was the latest example of Trump having built the bulk of his second term’s domestic travel around attending major sports events rather than hitting the road to make policy announcements or address the kind of large rallies he so relished as a candidate.
Since returning to the White House in January and prior to Sunday’s U.S Open swing, Trump has gone to the Super Bowl in New Orleans and the Daytona 500, as well as UFC fights in Miami and Newark, New Jersey, the NCAA wrestling championships in Philadelphia and the FIFA Club World Cup final in East Rutherford, New Jersey. Some of those crowds cheered him, but people booed him at other events.
The president accepted Rolex’s invitation despite his administration imposing a whopping 39% tariff on Swiss products. That’s more than 2 1/2 times higher than levies on European Union goods exported to the U.S. and nearly four times higher than on British exports to the U.S.
The White House declined to comment on Trump accepting a corporate client’s invitation at the tournament, but the president has had few qualms about blurring lines between political and foreign policy decisions and efforts to boost the profits of his family business. He’s tirelessly promoted his cryptocurrency interests and luxury golf properties, and even announced that the U.S. will host the Group of 20 summit in December 2026 at his Doral golf resort in Florida.
No large street protests against Trump could be seen from the tournament’s main stadium on Sunday. But attendees also steered clear of wearing any of the the Republican’s signature “Make America Great Again” caps.
A 58-year-old tennis fan originally from Turin, Italy, came from her home in the Boston area to watch the final and said that when she bought a U.S. Open cap, she went with a fuchsia-hued one so it wouldn’t be mistaken for the signature darker color of MAGA hats.
“I was careful not to get the red one,” said the fan, who declined to give her name because of her employer’s rules about being publicly quoted.
Among those attending with Trump were White House press secretary Karoline Leavitt, Attorney General Pam Bondi, Treasury Secretary Scott Bessent, special envoy Steve Witkoff and Susie Wiles, the White House chief of staff. Trump spent various portions of the match engaged in conversation with many of those around him.
Elsewhere in the crowd were a slew of celebrities — some of whom publicly backed then-Vice President Kamala Harris during last year’s election. Among them were Pink, Bruce Springsteen and Shonda Rhimes. In pre-match interviews shown on large stadium screens with the likes of Martha Stewart and Jon Hamm, the questions asked stuck to tennis and pop culture — not Trump and politics.
The president nonetheless was excited enough about his trip to tell reporters on Air Force One during the flight to New York when the plane flew over Ashe stadium — though the covered roof kept those inside from reacting.
Trump was once a U.S. Open mainstay, but hadn’t attended since he was booed at a quarterfinals match in September 2015, months after launching his first presidential campaign.
The Trump Organization once controlled its own U.S. Open suite, which was adjacent to the stadium’s television broadcasting booth, but suspended it in 2017, during the first year of Trump’s first term. The family business is now being run by Trump’s sons with their father back in the White House.
Trump was born in Queens, home of the U.S. Open, and for decades was a New York-area real estate mogul and, later, a reality TV star. Attending the tournament before he was a politician, he usually sat in his company’s suite’s balcony during night matches and was frequently shown on the arena’s video screens.
https://apnews.com/article/trump-us-open-sporting-events-boos-5a80b02c78403f1f2f87a30852ffb0f5
Trump cabinet officials told a federal appeals court that ruling president’s global tariffs illegal would seriously harm US foreign policy, with Treasury Secretary Scott Bessent warning of “dangerous diplomatic embarrassment.”
The administration on Friday filed statements by Bessent, Commerce Secretary Howard Lutnick and Secretary of State Marco Rubio in the US Court of Appeals for the Federal Circuit in Washington. The court is expected to decide soon whether President Donald Trump exceeded his authority to impose tariffs under a 1977 emergency powers law.
Bessent, Lutnick and Rubio’s statements were filed in support of a request that any ruling against the administration be immediately put on hold until the US Supreme Court issues a final decision. Failing to do so would have “devastating and dire consequences,” Lutnick said.
During July 31 oral arguments before the Federal Circuit, the administration’s claims of broad tariff power were met with skepticism, suggesting the judges might side with separate challenges filed by a group of small businesses and a coalition of Democratic-led states. Friday’s filing seems to suggest the administration is worried about precisely that outcome.
The cabinet secretaries said that a ruling invalidating tariffs would undo months of negotiations with the European Union, Japan, South Korea and other nations. Bessent said the president’s ability to quickly impose tariffs had prevented other nation’s from responding in kind.
“Suspending the effectiveness of the tariffs would expose the United States to the risk of retaliation by other countries based on a perception that the United States lacks the capacity to respond rapidly to retaliation,” the Treasury secretary said.
Trump’s tariffs were ruled illegal in May by the US Court of International Trade, which found that tariff power belongs to Congress and Trump improperly claimed authority under the International Emergency Economic Powers Act. That decision was put on hold by the Federal Circuit for the appeal, allowing the administration to continue threatening tariffs during the negotiations cited by Bessent, Lutnick and Rubio.
Lutnick said tariffs had brought foreign powers to the negotiating table “in ways that no other president came close to achieving” and told the court that an adverse ruling would “send a signal to the world that the United States lacks the resolve to defend its own economic and national security.”
Rubio said Trump used his IEEPA authority in connection with highly sensitive negotiations to end Russia’s war in Ukraine and claimed there could be “severe consequences for ongoing peace negotiations and human rights abuses” if the court ruled against the administration.
Tariff-loving Donald Trump has issued an unhinged threat against countries he claims don’t show the U.S. and major tech companies “respect.”
In a typical deranged late-night post on Truth Social, the MAGA president warned he would impose “substantial” new tariffs and block U.S. chip exports to countries that enforce digital taxes.
Trump argued that digital service taxes are designed to “harm, or discriminate” against American technology, and issued a sinister warning for if they are not dropped.
Trump has long railed against digital services taxes, including those imposed in Europe, which primarily hit U.S. tech giants, including Apple, Google, and Meta.
“They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW,” Trump wrote.
“With this TRUTH, I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed,” he added. “America, and American Technology Companies, are neither the ‘piggy bank’ nor the ‘doormat’ of the World any longer. Show respect to America and our amazing Tech Companies or, consider the consequences! Thank you for your attention to this matter.”
While not mentioning any nation by name, his comments appear to be a swipe at the European Union, whose Digital Markets Act (DMA) designates tech behemoths as “gatekeepers” and seeks to ensure they do not have a monopoly on their respective markets or abuse their powers.
The president’s warning came shortly after the U.S. and EU issued a joint statement pledging to negotiate over “unjustified trade barriers” targeting U.S. tech companies and agreeing not to impose customs duties on electronic transmissions, Bloomberg reported.
In June, Canada also pulled plans to tax American tech companies’ operations in the country to appease Trump amid threats to impose higher tariffs on imports from its northern neighbor.
Trump blasted Canada’s proposed digital tax—which would have slapped a 3 percent levy on Canadian revenue above $20 million—as a “blatant attack.”
At the time, White House Press Secretary Karoline Leavitt said Canadian Prime Minister Mark Carney “caved” to Trump by dropping the tax, originally announced in 2020.
President Donald Trump’s administration has published the terms of the trade deal with the European Union, but some of the promises Trump claimed were coming didn’t materialize after all, according to one economics expert.
University of Michigan economics and public policy professor Justin Wolfers wrote on X that after perusing the deal, he discovered Trump’s promise of $600 billion being sent to the U.S. from the E.U. isn’t on the list.
“The most important thing is what’s not there. Trump had boasted, ‘They gave me $600 billion, and that’s a gift.’ But guess what? They didn’t. He didn’t get a penny,” wrote Wolfers. “Bottom line: The final text of the EU-US trade deal delivers $5,000 less to the average American household than the handshake agreement Trump boasted of on August 5.”
“I expect there will be soul-searching, an investigation, and recriminations, as the White House explores how its negotiators fell $600 billion short of the deal the president thought he had struck. Resignations seem likely, and a re-think of the entire deal-making apparatus,” Wolfers added.
The deal mapped out on July 28 promised, “The EU will purchase $750 billion in U.S. energy and make new investments of $600 billion in the United States, all by 2028.”
It explained, “The EU will invest $600 billion in the United States over the course of President Trump’s term. This new investment is in addition to the over $100 billion EU companies already invest in the United States every year.”
It appeared again toward the end of the July 28 plan: “The deal bolsters America’s economy and manufacturing capabilities. The EU will purchase $750 billion in U.S. energy and make new investments of $600 billion in the United States, all by 2028.”
The Aug. 21 deal changes the language significantly, shifting from a commitment to phrases like “make new investments” and “invest,” and now saying things like they’re “expected to invest.”
“In this context, European companies are expected to invest an additional $600 billion across strategic sectors in the United States through 2028,” the document says, removing the firm commitment. “This investment reflects the European Union’s strong commitment to the transatlantic partnership and its recognition of the United States as the most secure and innovative destination for foreign investment,” the new deal says.
French President Emmanuel Macron has warned that the global credibility of the United States and its NATO allies is on the line in Ukraine, as U.S. President Donald Trump attempts to end the Russian invasion once and for all.
Why It Matters
Macron made the comment after talks in Washington on Monday between Trump, Ukrainian President Volodymyr Zelensky and the leaders of Finland, France, Germany, Italy, the United Kingdom, the European Union and NATO, following up on Trump’s talks with Russian President Vladimir Putin in Alaska on Friday.
While no agreement has been reached to end the more than three-year war, Monday’s gathering laid the groundwork for a long-anticipated trilateral meeting between Trump, Zelensky and Putin.
Macron’s warning about the credibility of the U.S. and its allies is a reminder of the far-reaching implications of the peace effort that Trump is promoting.
What To Know
Macron, in an interview with NBC News, said that how the United States and its allies handled the war in Ukraine would have global consequences for their credibility.
“What’s happening in Ukraine is extremely important for Ukrainian people, obviously, but for the whole security of Europe, because we speak about containing a nuclear power, which decided just not to respect international borders anymore,” he said.
“And I think it’s very important for your country because it’s a matter of credibility,” he said. “The way we will behave in Ukraine will be a test for our collective credibility in the rest of the world.”
Macron said Trump was confident he could reach a deal to end the war in Ukraine, which he welcomed while stressing that any agreement must not have negative consequences for Ukraine and its European allies.
“My point … is to be sure that this deal is not detrimental to Ukraine and Europe,” Macron said.
“All of us, we want a deal, and we want a peace deal. But we want to make sure that this peace, and so this deal, will be something which will allow the Ukrainians to recover their country and live in peace, to be sure the day after this peace deal that they will have sufficient deterrence power not to be attacked again, and to be sure—for the Europeans—that they will live in peace and security,” he said.
But the French president appeared less upbeat about Putin’s attitude to ending the full-scale invasion Russia launched in 2022.
“When I look at the situation and the facts, I don’t see President Putin very willing to get peace now,” he said, adding, “But perhaps I’m too pessimistic.”
Macron said he still hoped for a ceasefire even though Trump said after meeting Putin on Friday that a ceasefire was not an essential step toward a deal.
“It’s impossible for a Ukrainian president and Ukrainian officials to have talks about peace as their country is being destroyed and as their civilians are being killed,” Macron said, adding that security guarantees for Ukraine were vital.
“If you make any peace deal without security guarantees, Russia will never respect its words, will never comply with its own commitments,” Macron said.
Macron also said that in the absence of progress, Russia should be hit with more sanctions.
“I’m very much in favor of the fact that if, at the end of the day, there is no serious progress during the bilateral, or if there is a refusal of the trilateral meeting and, or if the Russians don’t comply with this approach, yes, we have to increase the sanctions, secondary and primary sanctions, in order to increase the pressure on the Russians to do so,” he said, according to a transcript of the interview provided by NBC.
What People Are Saying
French President Emmanuel Macron told NBC: “Your president, indeed, is very confident about the capacity he has to get this deal done, which is good news for all of us and can break this—I would say this daily killings, which are the responsibility of the Russian aggressor. So I think it’s great news. My point—and this is why we’ve worked so hard during the past few months and we need this convergence—is to be sure that this deal is not detrimental to Ukraine and Europe.”
What Happens Next
Trump has established a two-week timeline for determining diplomatic progress, saying both sides would soon know “whether or not we’re going to solve this or is this horrible fighting going to continue.”
The proposed Putin-Zelensky meeting is expected to precede trilateral discussions that include Trump, though specific timing and location remain undetermined. Russian officials have indicated a willingness to continue direct negotiations, but full agreement on meeting parameters has not been confirmed.
https://www.newsweek.com/macron-nato-trump-nuclear-russia-credibility-warning-2115451
President Donald Trump met with Ukrainian President Volodymyr Zelensky today at the White House, and boasted about his ability to end wars, making one major slip in the process.
The two world leaders met at the White House on Monday afternoon, along with a delegation of European leaders from the U.K., France, Germany, Italy, Finland, the European Union, and NATO. The leaders showed up to support Zelensky at the high-stakes meeting that could determine the future of his country. Discussing the possibility of a ceasefire, Trump bragged about his track record of “ending wars.”
“I’ve ended six wars. I thought maybe this would be the easiest one. And it’s not. It’s a tough one,” Trump claimed. It comes amid alarming fears over the president’s health due to an injury being spotted.
As Trump rambled about the wars he has claimed credit for ending, he made a major slip, calling the Democratic Republic of Congo, the “Republic of the Condo.” It comes after the Prime Minister of Italy mocks Trump with a brutal eye roll.
On X, a viewer pointed it out, writing, “Yes, he just said ‘Republic of the Condo.’ Can’t get his mind away from real estate!”
Trump immediately corrected himself, briefly closing his eyes as he gathered his thoughts. The high-stakes meeting, which had many eyes on it, was an opportunity for Trump to shut down rumors that he is experiencing a cognitive decline.
On numerous occasions recently, Trump has slipped up and misspoken, causing viewers to call his mental capacity into question.
Today’s mistake is not the first one Trump has made when speaking about the Congo. He was accused of not knowing anything about the country, after flippantly saying, “many people come from the Congo. I don’t know what that is.”
On X, another user added, “Trump’s Freudian slip “Republic of the Condo” in his press conference reveals his preferred solution to all international conflicts: turn them into luxury resorts!”
Today’s meeting comes just days after President Trump met with Russian President Vladimir Putin. The Russian leader rejected a cease-fire and called on Ukraine to cede land in the country’s east in exchange for a freeze in the front line elsewhere.
Trump and Zelensky’s last meeting in February ended abruptly and without any resolve. The two butted heads and Trump grew impatient with the Ukrainian president, telling him, “You’ve got to be more thankful, because, let me tell you, you don’t have the cards. With us, you have the cards, but without us, you don’t have any cards.”
JD Vance, who called Zelensky ungrateful during their February meeting, was also present today. It comes as Trump lets slip his true feelings about his wife Melania with a gesture at Zelensky showdown.
https://www.irishstar.com/news/us-news/trumps-geography-gaffe-during-zelensky-35752320
When U.S. President Donald Trump called Norway’s finance minister last month to discuss tariffs, he also told him he wanted the Nobel Peace Prize, Norwegian business daily Dagens Naeringsliv reported on Thursday.
Several countries including Israel, Pakistan and Cambodia have nominated Trump for brokering peace agreements or ceasefires, and he has said he deserves the Norwegian-bestowed accolade that four White House predecessors received.
“Out of the blue, while Finance Minister Jens Stoltenberg was walking down the street in Oslo, Donald Trump called,” Dagens Naeringsliv reported, citing unnamed sources.
“He wanted the Nobel Prize – and to discuss tariffs.”
In a comment to Reuters, Stoltenberg said the call was to discuss tariffs and economic cooperation ahead of Trump’s call with Norwegian Prime Minister Jonas Stoere. “I will not go into further detail about the content of the conversation,” he added.
Several White House officials, including U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer were on the call, Stoltenberg added.
The White House and the Norwegian Nobel Committee did not reply to requests for comment.
With hundreds of candidates nominated each year, laureates are chosen by the Norwegian Nobel Committee, whose five members are appointed by Norway’s parliament according to the will of Swedish 19th-century industrialist Alfred Nobel.
The announcement comes in October in Oslo.
The Norwegian newspaper said it was not the first time Trump had brought up the prize in conversation with Stoltenberg, a former secretary general of the NATO military alliance.
The White House on July 31 announced a 15% tariff on imports from Norway, the same as the European Union.
Stoltenberg said on Wednesday that Norway and the United States were still in talks regarding the tariffs.
As the Trump administration’s crackdown on immigrants and asylum seekers brings tear gas, protests and raids to the streets of the United States, Spain is positioning itself as a counterpoint: a new land of opportunity.
In this nation of 48 million with long colonial links to the New World, an influx of predominantly Latin American immigrants is helping fuel one of the fastest-growing economies in Europe. The Spanish economic transformation is unfolding as the center-left government of Prime Minister Pedro Sánchez has streamlined immigration rules while offering legal status to roughly 700,000 irregular migrants since 2021.
A landmark bill now being negotiated in the Congress of Deputies could grant legal amnesty to hundreds of thousands more — most of them Spanish-speakers from predominantly Catholic countries in Latin America. Those newcomers often enjoy visa-free travel to Spain, even as Madrid controversially works with Morocco, Mauritania and other countries to block irregular arrivals from the African coast, though Sánchez has also called for tolerance toward migrants fleeing poverty and violence in Africa.
Spain’s approach is attracting at least some migrants rejected or barred from the United States, including Venezuelans who are now subject to President Donald Trump’s travel ban.
…
Yet the legislative amnesty push came not from a government plan but a grassroots effort backed by civil actors including small-town mayors, companies, migrant advocates and the Catholic church. Spain also has a history of normalizing irregular migrants who can prove steady work, with the last large-scale amnesty under the center-left government of José Luis Rodríguez Zapatero in 2005.
Should Sánchez survive the corruption crisis — and Spain’s economy continue to thrive — his policies could set up this nation as the antithesis of Trump’s America: a migrant-friendly progressive paradise.