Author

admin

Browsing

The U.S. could withdraw from peace talks with Ukraine and Russia if the two sides show no progress, President Donald Trump says.

Trump made the comments during an interview on NBC’s ‘Meet the Press’ that aired Sunday, telling host Kristen Welker that there is ‘tremendous hatred’ between Ukraine and Russia.

The president says he remains hopeful a peace deal is possible, but confirmed that the U.S. would not remain a mediator indefinitely.

‘I do believe we’re closer with one party. And maybe not as close with the other, but we’ll have to see,’ Trump said. ‘Five thousand soldiers a week on average, are dying. They’re not American soldiers. But I want to solve the problem.’

‘How long do you give both countries before you’re going to walk away?’ Welker asked.

‘Well, there will be a time when I will say, okay, keep going, keep being stupid,’ Trump replied.

‘Maybe it’s not possible to do,’ he added. ‘There’s tremendous hatred. Just so you understand, Kristen, we’re talking tremendous hatred between these two men and between, you know, some of the soldiers, frankly, between the generals, they’ve been fighting hard for three years. I think we have a very good chance of doing it.’

The interview comes just days after Trump blasted Russian President Vladimir Putin, questioning whether his Russian counterpart has any interest in peace.

Trump spoke up on social media last week after Russian forces launched missiles into Ukrainian cities.

‘There was no reason for Putin to be shooting missiles into civilian areas, cities and towns, over the last few days,’ Trump wrote. ‘It makes me think that maybe he doesn’t want to stop the war, he’s just tapping me along, and has to be dealt with differently, through ‘Banking’ or ‘Secondary Sanctions?’ Too many people are dying!!!’

Secretary of State Marco Rubio also appeared to temper expectations for a major peace agreement between Ukraine and Russia last week.

Rubio argued it was ‘silly’ to put a specific date or timeline on when the U.S. might pull out from mediation, but he said this will be ‘a very critical week.’

Days later, the White House signed a rare earth minerals agreement with Ukraine, a months-long priority for Trump.

This post appeared first on FOX NEWS

President Donald Trump said Sunday that he plans to appoint a new national security advisor in about six months, telling reporters the former advisor, Mike Waltz, did not resign, but was instead tapped for an upgraded position as the administration’s ambassador to the United Nations.

Trump spoke with reporters on Air Force One on Sunday night, where he was asked about several topics, including the trade deals, Mexican cartels and the national security advisor position.

One reporter asked the president about Waltz’s exit as the national security advisor, which the president said he was being selected for what he called a ‘higher position,’ or an ‘upgrade.’

Trump also said Waltz did not make any mistakes, and, as the ambassador to the UN, he would do a good job.

‘I didn’t lose confidence in him,’ Trump said. ‘He’s going to the United Nations for a reason. To me, I think it’s personally, if I had assurance for myself… I’d rather have that job than the other.’

He also reiterated that Waltz did not resign, but instead, Trump moved him.

‘There was no resignation,’ the president said.

Waltz and other National Security Council staffers were ousted from their office on Thursday in the most high-profile executive office exits of the second Trump administration. Trump’s announcement on naming Waltz as U.N. ambassador unfolded just hours after the news began circulating. 

Trump told reporters Sunday that he plans to appoint someone to the national security advisor position within six months, saying there are a lot of people who want the job, which works into Secretary of State Marco Rubio’s – the interim national security advisor – current responsibilities.

The president was specifically asked if White House deputy chief of staff Stephen Miller was being considered for the role.

‘Stephen Miller at the top of the totem pole? I mean, I think he sort of indirectly already has that job… because he has a lot to say about a lot of things,’ Trump said. ‘He’s a very valued person in the administration, Stephen Miller.’

The president was also asked if any trade deals would be announced this week, answering that there could be some coming.

But when pressed if he could say more about the deals, Trump held back.

‘Nobody understands,’ he said. ‘We’re negotiating with many countries. But at the end of this, I’ll set my own deals because I set the deal. They don’t set the deal. I set the deal.’

Trump said he is meeting with almost all of the countries regarding trade deals, including China.

Explaining the process further, Trump said he will set the tariff, and a country could agree to it or not.

‘They don’t have to deal with us, which is ok, because we lost under Biden. We’re losing $5 billion a day,’ he said. ‘Think of it. $5 billion a day. Now we’re not dealing with China at all because of the tariffs… Because of that, we’re saving billions of dollars.’

During the gaggle, a reporter also asked if it was true that he offered to send U.S. troops to Mexico to take care of the cartels.

‘It’s true because they should be. They are horrible people that have been killing people left and right,’ Trump said. ‘They’ve made a fortune in selling drugs and destroying other people.’

He explained that the cartels are responsible for importing fentanyl into the U.S., which has killed over 300,000 people this year.

Trump called the cartel members ‘bad news.’

‘If Mexico wanted help with the cartels, we would be honored to go in and do it,’ Trump said ‘I told [Mexican President Claudia Sheinbaum] that I would be honored to go in and do it. The cartels are trying to destroy our country. They’re evil.’

The offer was ultimately rejected, which Trump said was because Sheinbaum is afraid of the cartels, so afraid that she ‘can’t even think straight.’

This post appeared first on FOX NEWS

Former Vice President Mike Pence was honored on Sunday night for his actions on Jan. 6, 2021, in defying his then-boss, President Donald Trump.

Pence received the John F. Kennedy Profile in Courage Award for his refusal to honor Trump’s request to throw out the results of the 2020 presidential election, and instead oversaw congressional certification of former President Joe Biden’s Electoral College victory.

‘Vice President Pence put his life career and that of his family on the line to execute his constitutional responsibilities. His actions preserved the fundamental democratic principle of free and fair elections and we are proud to honor him,’ former ambassador Caroline Kennedy, the late President Kennedy’s daughter, said in presenting Pence with the award.

Pence, in accepting the annual award, emphasized that it’s a ‘distinction that I will cherish for the rest of my life.’

And the former vice president, pointing to his actions on Jan. 6, said to a standing ovation, ‘I will always believe by God’s grace that I did my duty that day.’

In a Fox News Digital interview minutes after the awards ceremony, Pence said, ‘in all my travels across the country in the last four years, I’ve been deeply humbled by how many Americans have come up to me and just taken a point to encourage us and support us, and it convinces me that the American people know that what ever differences we may have, the Constitution is the common ground on which we stand.’

The now-65-year-old Pence was Indiana’s governor when Trump named him his running mate in 2016. For four years, Pence served as the loyal vice president to Trump during the president’s first term in the White House.

However, everything changed on Jan. 6, 2021, as right-wing extremists — including some chanting ‘hang Mike Pence’ — stormed the U.S. Capitol aiming to upend congressional certification, overseen by Pence as part of his constitutional duties as vice president, of Biden’s Electoral College victory.

The attack on the Capitol took place soon after Trump spoke to a large rally of supporters near the White House about unproven claims that the 2020 election was ‘rigged’ due to massive ‘voter fraud.’

Pence has long described the violent attack on the Capitol as ‘tragic’ and dishonoring to ‘the millions of people who had supported our cause around the country.’ He has emphasized that he did ‘the right thing’ and performed his ‘duty under the Constitution.’ He has also noted a number of times that he and Trump may never ‘see eye to eye on that day.’

While Pence, his family and top aides were hastily moved by Secret Service agents as rioters roamed the halls of the Capitol, Trump argued in a social media post that ‘Mike Pence didn’t have the courage to do what should have been done to protect our Country and our Constitution, giving States a chance to certify a corrected set of facts, not the fraudulent or inaccurate ones which they were asked to previously certify.’

Pence rejected the advice of the Secret Service that he flee the Capitol, and after the rioters were eventually removed from the Capitol, he resumed his constitutional role in overseeing the congressional certification ceremony.

The former vice president has repeatedly refuted Trump’s claim that he could have overturned the presidential election results. Despite that, hardcore Trump loyalists have never forgiven Pence, whom they view as a traitor, for refusing to assist the president’s repeated efforts to overturn the 2020 election results.

Pence in June 2023 launched a presidential campaign of his own, joining a large field of challengers to Trump gunning for the 2024 GOP nomination, becoming the first running mate in over 80 years to run against their former boss.

Pence ran on a traditional conservative platform, framing the future of the Republican Party against what he called the rise of ‘populism’ in the party. 

Among the slim anti-Trump base of the Republican Party, Pence received praise for his courage during the attack on the Capitol, often receiving thanks at town halls during his campaign for standing up to Trump. 

While Pence regularly campaigned in the crucial early-voting states of Iowa, New Hampshire and South Carolina, his White House bid never took off. Struggling in the polls and with fundraising, he suspended his campaign just four and a half months after declaring his candidacy.

The Profile in Courage Award is named for a book the late John F. Kennedy published in 1957 before he became president.

The award honors public officials who take principled stands despite the potential political or personal consequences. Among the previous recipients were former Presidents Barack Obama, George H.W. Bush and Gerald Ford.

Jack Schlossberg, JFK’s grandson, who introduced the former vice president at the awards ceremony, said Pence ‘saved America that day.’

Caroline Kennedy, in honoring the former vice president, noted her ‘political differences’ with Pence, but emphasized that ‘political courage is not outdated in the United States.’

And Pence, a well-known fiscal and social conservative, joked about speaking in front of an audience dominated by Democrats, saying that he was ‘the minority in this room.’

After dropping his own bid for the White House, Pence declined to endorse Trump, even after Trump clinched the GOP nomination last spring, though he did congratulate his former running mate after his victory last November.

Trump and Pence were seen shaking hands at former President Jimmy Carter’s funeral in early January – their first public appearance together in nearly four years.

Pence has emerged as a rare vocal Republican critic of Trump so far during the president’s second tour of duty in the White House.

He has critiqued Trump’s controversial and haphazard implementation of massive tariffs on America’s largest trading partners, which initially sparked a massive stock market sell-off, and raised concerns of increased inflation and talk of a recession.

He has also criticized the president’s upending of longstanding American foreign policy and has urged Trump to stand with longtime international allies.

Pence’s public advocacy group, Advancing American Freedom, also campaigned against the nomination of Robert F. Kennedy Jr. to lead the nation’s health agencies.

This post appeared first on FOX NEWS

Gold trended down this week, dropping to just over US$3,200 per ounce on the first day of May.

While the yellow metal remains historically high after a strong run this year, its price has pulled back from last week’s record-setting level of US$3,500, causing concern for some market participants.

However, many experts agree that this week’s retreat isn’t a reason to worry.

His technical analysis shows that the US$3,100 to US$3,140 area will be important to watch moving forward — in his view, that’s when bullish players should start re-entering the space, boosting the price.

Soloway also outlined gold’s future price potential, saying he sees a potential path to US$7,000. Check out the full interview for more of his thoughts on gold, as well as silver and the US economy.

Bullet briefing — Fed to meet next week, US-Ukraine deal signed

Market watchers eye Fed meeting

Eyes are shifting to the US Federal Reserve’s next meeting, set to run from May 6 to 7. It follows initial numbers showing that real GDP contracted by an annual rate of 0.3 percent in Q1.

That’s the first negative reading since 2022, and as the news weighed on the stock market, US President Donald Trump took to social media to suggest the data is an ‘overhang’ from Joe Biden’s term.

Trump has pressured Fed Chair Jerome Powell to cut interest rates sooner than later, but CME Group’s FedWatch tool shows the vast majority of market participants expect rates to stay flat.

Trump advisor Elon Musk also has his eye on the Fed. Speaking to reporters on Wednesday (April 30), he said the US$2.5 billion renovation of the central bank’s headquarters could become a point of inquiry for the Department of Government Efficiency, better known as DOGE.

Calling the cost an ‘eyebrow raiser,’ Musk questioned where the money is being spent. The price of the project was initially set at US$1.9 billion in 2021, but has increased since then.

‘Since at the end of the day, this is all taxpayer money, I think we certainly — we should definitely — look to see if indeed the Federal Reserve is spending $2.5 billion on their interior designer’ — Musk

US, Ukraine sign critical minerals deal

The US and Ukraine signed a much-anticipated minerals deal on Wednesday, ending months of often-tense negotiations between the two countries. If approved by parliament in Ukraine, the agreement will set up a reconstruction investment fund that will be split 50/50 between each party.

According to Ukrainian officials, the deal is more equitable than previous versions.

The fund will be financed only by new licenses for critical materials, oil and gas; aside from that, Ukraine will not have to pay back wartime aid provided by the US.

While Ukraine had pushed for security guarantees from the US, that component ultimately wasn’t put in place. However, the US may provide new assistance to Ukraine, such as air defense systems.

A total of 55 minerals are reportedly covered in the arrangement, but more can be added in the future if there is consensus between the US and Ukraine. Although the US will get preferential rights to mineral extraction, Ukraine will have the final say on what is mined and where, and will retain subsoil ownership.

The agreement comes on the back of an increasing global focus on critical minerals, many of which are key for new technology and important industries like defense.

It’s worth noting that while Ukraine is home to a wide variety of these commodities, more geological data will be needed to determine commercial viability — for example, there is no up-to-date information on the country’s reserves of rare earths, which are important to the US.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Description

The securities of White Cliff Minerals Limited (‘WCN’) will be placed in trading halt at the request of WCN, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 7 May 2025 or when the announcement is released to the market.

Issued by

ASX Compliance

Click here for the full ASX Release

This post appeared first on investingnews.com

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday.

In recent days, Temu has abruptly shifted its website and app to only display listings for products shipped from U.S.-based warehouses. Items shipped directly from China, which previously blanketed the site, are now labeled as out of stock.

Temu made a name for itself in the U.S. as a destination for ultra-discounted items shipped direct from China, such as $5 sneakers and $1.50 garlic presses. It’s been able to keep prices low because of the so-called de minimis rule, which has allowed items worth $800 or less to enter the country duty-free since 2016.

The loophole expired Friday at 12:01 a.m. EDT as a result of an executive order signed by President Donald Trump in April. Trump briefly suspended the de minimis rule in February before reinstating the provision days later as customs officials struggled to process and collect tariffs on a mountain of low-value packages.

The end of de minimis, as well as Trump’s new 145% tariffs on China, has forced Temu to raise prices, suspend its aggressive online advertising push and now alter the selection of goods available to American shoppers to circumvent higher levies.

A Temu spokesperson confirmed to CNBC that all sales in the U.S. are now handled by local sellers and said they are fulfilled “from within the country.” Temu said pricing for U.S. shoppers “remains unchanged.”

“Temu has been actively recruiting U.S. sellers to join the platform,” the spokesperson said. “The move is designed to help local merchants reach more customers and grow their businesses.”

Before the change, shoppers who attempted to purchase Temu products shipped from China were confronted with “import charges” of between 130% and 150%. The fees often cost more than the individual item and more than doubled the price of many orders.

Temu advertises that local products have “no import charges” and “no extra charges upon delivery.”

The company, which is owned by Chinese e-commerce giant PDD Holdings, has gradually built up its inventory in the U.S. over the past year in anticipation of escalating trade tensions and the removal of de minimis.

Shein, which has also benefited from the loophole, moved to raise prices last week. The fast-fashion retailer added a banner at checkout that says, “Tariffs are included in the price you pay. You’ll never have to pay extra at delivery.”

Many third-party sellers on Amazon rely on Chinese manufacturers to source or assemble their products. The company’s Temu competitor, called Amazon Haul, has relied on de minimis to ship products priced at $20 or less directly from China to the U.S.

Amazon said Tuesday following a dustup with the White House that had it considered showing tariff-related costs on Haul products ahead of the de minimis cutoff but that it has since scrapped those plans.

Prior to Trump’s second term in office, the Biden administration had also looked to curtail the provision. Critics of the de minimis provision argue that it harms American businesses and that it facilitates shipments of fentanyl and other illicit substances because, they say, the packages are less likely to be inspected by customs agents.

This post appeared first on NBC NEWS

The Israel Defense Forces said Saturday it will mobilize thousands of reservists in the coming days, in what appears to be an expansion of its offensive in Gaza.

The move, which comes amid a deadlock in ceasefire talks, follows reports that the IDF Chief of Staff Lt. Gen. Eyal Zamir on Friday presented a plan for intensifying pressure on Palestinian militant group Hamas to Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz.

Israel’s public broadcaster, Kan 11, reported that Zamir’s plan included evacuating Palestinian civilians from northern and central Gaza ahead of expanded operations in those areas, mirroring tactics used earlier this year in southern Gaza’s Rafah.

Citing unnamed officials, Kan 11 said Netanyahu’s Security Cabinet was expected to approve the plan Sunday.

The news has prompted concern among families of the 59 hostages still held by Hamas in Gaza.

In what it described as “an urgent and heartfelt” appeal, the Hostages and Missing Families Forum Headquarters warned Saturday that “any escalation in the fighting will put the hostages — both the living and the deceased — in immediate danger.”

“The vast majority of the Israeli public views the return of the hostages as the nation’s highest moral priority,” it added.

Negotiations to secure the release of the remaining hostages have been stalled for weeks.

Talks mediated by Egypt and Qatar have repeatedly collapsed. Hamas is demanding a permanent ceasefire and full Israeli withdrawal, while Israel has accused Hamas of rejecting “reasonable offers.”

On Thursday, Netanyahu said explicitly for the first time that defeating Israel’s enemies was more important than securing the release of the remaining hostages, in remarks that drew a backlash from representatives of their families. Previously, he had described defeating Hamas and securing the release of the hostages as the primary goals of Israel’s war in Gaza.

Meanwhile, the Prime Minister’s Office announced Saturday it was rescheduling Netanyahu’s May 7-11 visit to Azerbaijan “to a later date.”

Citing an “intense diplomatic and security schedule,” it said the change came following “developments in Gaza and Syria.”

This is a developing story and will be updated.

This post appeared first on cnn.com

Serbia’s President Aleksandar Vucic has cut short a visit to the United States and returned to Serbia after feeling sudden chest pain apparently caused by high blood pressure, doctors said on Saturday.

Vucic, 55, suddenly fell ill during a meeting in the US on Friday and decided to return home against the advice of US doctors, said cardiologist Dragan Dincic, from Belgrade’s Military Hospital, where Vucic was treated upon arrival.

Dincic said Vucic took additional therapy after the incident and was now in “stable and satisfactory condition.” Dincic added that Vucic won’t be hospitalized but “cannot be expected to return to his regular activities for several days.”

Vucic was previously in Miami, Florida, where he had met with former New York City mayor Rudy Giuliani. Vucic had said he also was hoping to meet with US President Donald Trump.

Richard Grenell, US presidential envoy for special missions, expressed hope that Vucic would recover. “Sorry to miss you but hope all is ok,” Grenell wrote on X.

Serbia’s populist leader also has said he would travel to Russia later this month to attend a Victory Day parade in Moscow, despite warnings from European Union officials that this could affect Serbia’s bid to join the bloc.

Vucic has refused to join Western sanctions against Russia over its invasion of Ukraine. He also has been under pressure at home following six months of persistent anti-corruption protests triggered by the collapse of a roof at a train station in the country’s north that killed 16 people.

This post appeared first on cnn.com