President Trump shared his take on the stalled U.S. trade talks with China on Saturday, suggesting Beijing may be waiting until the 2020 presidential election to see if a Democrat gets elected to secure more favorable terms.
“I
think that China felt they were being beaten so badly in the recent
negotiation that they may as well wait around for the next election,
2020, to see if they could get lucky & have a Democrat win - in
which case they would continue to rip-off the USA for $500 Billion a
year...." the president wrote.
Trump’s remarks came a day after another round of talks between Washington and Beijing ended with no trade pact. In follow-up tweets, the president said it would be wise for China to agree to a trade deal soon, before predicting it would face “far worse” terms if the impasse continues.
"....The
only problem is that they know I am going to win (best economy &
employment numbers in U.S. history, & much more), and the deal will
become far worse for them if it has to be negotiated in my second term.
Would be wise for them to act now, but love collecting BIG TARIFFS!" he
posted.
In response to a lack of progress between both sides last week, the U.S. imposed further tariffs on $200 billion in Chinese goods and threatened more tariffs on remaining Chinese products worth $325 billion.
China’s top negotiator, Vice Premier Liu He, said Friday that both sides have agreed to more trade talks in Beijing, Bloomberg reported.
Speaking to Chinese media, he said the U.S. must remove all extra
tariffs to clear the way for the possibility of an agreement. China has
vowed retaliation but has not released specifics.
“For the
interest of the people of China, the people of U.S. and the people of
the whole world, we will deal with this rationally,” Liu said. “But
China is not afraid, nor are the Chinese people,” adding that “China
needs a cooperative agreement with equality and dignity.”
U.S.
Trade Representative Robert Lighthizer said the Trump administration
would release details of the tariffs on $325 billion in Chinese imports
on Monday.
A trade deal seemed imminent, until last week when
China sent American trade negotiators a cable with redacted text that
both sides had been working on. To the American, the modification
signaled Beijing’s walking back of its earlier commitments made during
months of negotiations.
In this March 5, 2019 photo, a cargo ship arrives at the Port of
Tacoma, in Tacoma, Wash. U.S. and Chinese negotiators resumed trade
talks Friday, May 10, 2019, under increasing pressure after President
Donald Trump raised tariffs on $200 billion in Chinese goods and Beijing
promised to retaliate. (Associated Press)
The divide between both sides has not stalled the
U.S. economy. The GDP rose at a 3.2 percent annualized rate, even as a
five-week partial government shutdown affected some sectors.
Unemployment is at a historic low and 213,000 jobs are being created
monthly.
Trump, who is seeking re-election on the heels of a
booming economy, signaled Friday that he is no rush to secure a deal.
Over Twitter, he proposed using income from the import taxes to buy
agricultural products from American farmers.
Chinese state media said China would give in on its core interests, Reuters reported.
“China
clearly requires that the trade procurement figures should be
realistic; the text must be balanced and expressed in terms that are
acceptable to the Chinese people and do not undermine the sovereignty
and dignity of the country,” the People’s Daily newspaper said in a
commentary on Saturday.
Mad
magazine got in on the action between President Trump and 2020
Democratic presidential candidate Pete Buttigieg on Saturday, after
Trump compared his young political rival to a cartoon mascot from the
venerable humor mag.
First, Trump took aim at Buttigieg, the Democratic mayor of South Bend, Ind., at a “Make America Great Again” rally on Wednesday calling him “Boot edge edge.”
“He
has a great chance, don't he? He will be great,” Trump said
sarcastically. “Representing us against President Xi of China, that will
be great. That will be great. I want to be in that room and I want to
watch that one.”
But Trump was far from finished with the young
Dem. The president, who has repeatedly assigned unflattering nicknames
to political foes, dug into Mad magazine history to find an apt one for
the 37-year-old Buttigieg.
On Friday, in an interview with Politico, Trump declared that "Alfred E. Neuman cannot become president of the United States.”
Alfred E. Neuman has been the official cartoon face of Mad since 1956.
Neuman is the cartoon mascot and cover boy of the
magazine, known for his red hair, the gap in his teeth and the
catchphrase "What, me worry?"
But Mad dates back to the 1950s, and
Buttigieg, the youngest candidate in the 2020 race, responded by saying
he didn't really get Trump’s reference. (The character became a magazine icon under editor and publisher Al Feldstein, who was in charge of Mad from 1955-1984.)
“I’ll be honest, I had to Google that,” Buttigieg told Politico on Friday. “I guess it’s just a generational thing. I didn’t get the reference. It’s kind of funny, I guess.
"But
he’s also the president of the United States and I’m surprised he’s not
spending more time trying to salvage this China deal,” he said. That
was a pointed reference to economic talks with Beijing that ended Friday
without reaching a conclusive deal.
For its part, Mad couldn't
resist adding its own voice to the political back-and-forth with a tweet
about Buttigieg's lack of knowledge about Alfred E.: “Who’s Pete
Buttigieg? Must be a generational thing.”
About Neuman:
"I want a definitive portrait of this kid,” Feldstein recalled in a 2007 interview with AV/TV Club.
“I don't want him to look like an idiot — I want him to be loveable and
have an intelligence behind his eyes. But I want him to have this
devil-may-care attitude, someone who can maintain a sense of humor while
the world is collapsing around him."
As for Buttigieg, though he
was the butt of a Trump joke that may have eluded him because of his
age, he has consistently polled higher than other,
better-known Democratic contenders, including Sen. Cory Booker, D-N.J.,
and former Texas congressman Beto O’Rourke, making him a promising pick
for the 2020 elections and raising the specter of future references to
Mad's gap-toothed mascot.
Vice President Mike Pence had a sobering message Saturday as he delivered a commencement address at Liberty University in Lynchburg, Va.
Pence
warned graduating seniors of the Christian university that they needed
to prepare for persecution from critics he described as “the secular
left.”
“Some of the loudest voices for tolerance today have little
tolerance for traditional Christian beliefs,” the vice president
warned, according to the Washington Times. “So as you go about your daily life, just be ready.”
As
an example, Pence pointed to a “bevy of Hollywood liberals” who’ve been
waging a boycott effort against the state of Georgia, whose Republican
governor, Brian Kemp, recently signed a strict pro-life “heartbeat”
abortion bill into law.
The vice president noted that strident criticism against Christians is relatively new in American experience.
“Throughout most of American history, it's been pretty easy to call yourself Christian,” Pence told the gathering, according to USA Today. “It didn’t even occur to people that you might be shunned or ridiculed for defending the teachings of the Bible.”
According
to the Christian Post, Pence said his wife Karen was subjected to
“harsh attacks by the media and the secular left” when she returned to
teaching at a Christian elementary school earlier this year.
“These attacks on Christian education are un-American,” Pence said, according to the Post, adding that President Trump and his administration have taken “decisive action to protect religious liberty.”
In
2017, Liberty University was the first college where President Trump
delivered a commencement address since taking office. The school’s
president, Jerry Falwell Jr., has been a staunch supporter of the president.
OAN Newsroom
UPDATED 1:44 PM PT — Friday, May 10, 2019
Details of a secret meeting are beginning to surface, while Iran
continues to retaliate against U.S. efforts for denuclearization. Last week, various important officials — including National Security
Adviser John Bolton, CIA Director Gina Haspel, and Secretary of State
Mike Pompeo — met together to discuss matters in Iran. The cabinet
officials met outside the White House Situation Room, which is
reportedly extremely rare. The National Security Council would not comment as to what was
discussed during the meeting, but sources have said it was likely about
covert operations given the meeting’s location at CIA headquarters. The officials met just days after the U.S. fast-tracked an aircraft
carrier and bombers to the Persian Gulf. According to sources close to
the matter, Intelligence was warned Tehran approved proxy forces to
attack U.S. personnel and assets in the region.
President Trump confirmed it was a matter of national and foreign security. “Well, they were threatening…we have information that you don’t want
to know about,’ he stated. “They were very threatening…we have to have
great security for this country and for a lot of other places.” It’s been one year since President Trump left the Iran Nuclear
agreement, which offered Tehran relief on sanctions in exchange for a
curbed nuclear program. Instead, the president took a hard-line approach
with the Middle Eastern country and reintroduced tough penalties in
hopes to put enough pressure on them to stop their nuclear program. However, Iran has only scaled back on their obligations to the
nuclear deal. On Wednesday, they threatened to resume uranium production
unless other global powers in the pact agreed to help them skirt the
sanctions. “Under the terms of Joint Comprehensive Plan of Action we agreed that
we would keep enrichment to the level of 3.67,” stated Iranian
President Hassan Rouhani. “We will stop adhering to this and there will
no longer be a set level for enrichment of uranium.”
Worshippers
chant slogans against the United States and Israel during a rally after
Friday prayers in Tehran, Iran, Friday, May 10, 2019. A top commander
in Iran’s powerful Revolutionary Guard said Friday that Tehran will not
talk with the United States, an Iranian news agency reported — a day
after President Donald Trump said he’d like Iranian leaders to “call
me.” (AP Photo/Ebrahim Noroozi)
Hours after the announcement, a White House official responded saying
the U.S. is willing to put more sanctions on Iran very soon if they
follow through. Analysts say more sanctions could be detrimental for
Iran’s economy, which is already doing poorly. Earlier this week, the National Security Council stated the White
House is not seeking war with the Iranian regime, but they are fully
prepared to fight back if prompted by an attack on the U.S. or its
allies. President Trump said he is still willing to negotiate deals with Iran if they abandon their nuclear program.
Media reporter Joe Concha said Friday that some of those in the media who are covering the contents of President Trump's 1985-1994 tax returns are exhibiting "the worst kind of bias." Concha said on "Tucker Carlson Tonight" that many outlets are expressing a "bias of omission" in neglecting to report that New York City newspapers and other outlets comprehensively reported on those turbulent times for the former real estate mogul. "You
don't get the other side of the story, which is [that] he was very
transparent about it on TV and in books," Concha said. "You're being
sold a bill of goods here that this is a new revelation - when it was
anything but new." Concha
added that anyone who watched "The Apprentice" would've seen the
opening segment, in which Trump spoke about losing billions of dollars
and yet was able to "come back." "This was his whole story," Carlson said. "He bragged about it endlessly... This was his redemption story." Concha
said that the reporting on the tax returns often exhibited the same
"means to an end" mentality that was prevalent in the aftermath of the
2016 "Access Hollywood" tape leak. On that recording, which was recorded several years prior, Trump is heard making coarse remarks about women to Billy Bush "Everybody
concentrated, and rightly so, on the contents of [the tape]. But then
there was another part of that story: How exactly did that tape get out
of NBC and into the hands of the Washington Post, two days before a
presidential debate...," Concha said.
Rudy Giuliani, President Trump's personal attorney, said Friday on "Fox News @ Night" that he will not be traveling to Ukraine as previously announced. Giuliani,
a former Republican mayor of New York City, said that he believed he
would be "walking into a group of people that are enemies of the
president, and in some cases, enemies of the United States and in one
case, an already convicted person who has been found to be involved in
assisting the Democrats with the 2016 investigation. "There was a
great fear that the new [Ukrainian] president would be surrounded by,
literally, enemies of the president [of the United States] who were
involved in that and people who are involved with other Democratic
operatives," he told host Shannon Bream. "I'm
convinced from what I've heard from two very reliable people tonight
that the president [Ukrainian President-elect Volodymyr Zelensky] is
surrounded by people who are enemies of the president [Trump], and
people who are -- at least [in] one case -- clearly corrupt and involved
in this scheme," Giuliani said. Giuliani said that his decisions had nothing to do with the upcoming 2020 U.S. presidential election. Bream
asked about "pushback" Giuliani received for announcing his original
decision to go, including from U.S. Sen. Chris Murphy, D-Conn., who
demanded that the Senate Foreign Relations Committee open an inquiry
into the situation. "Rudolph Giuliani, the President’s personal
lawyer, has apparently held meetings with Ukrainian officials in the
United States and plans to travel to Ukraine for further discussions,"
Murphy wrote, in a letter to committee chairman Sen. James Risch,
R-Idaho, according to NBC News. "As
far as we know, none of these meetings are being coordinated with the
U.S. State Department or other government agencies," Murphy wrote. Giuliani
said that he would welcome Murphy's proposed hearing, saying that he
could lay out what he said was alleged "unbelievably incriminating
evidence about members of the [Democratic National Committee], members
of the Clinton campaign who were involved in gathering information there
that was negative to the Trump campaign." The former mayor also pointed to evidence that 2020 hopeful and former Vice President Joe Biden improperly pressured Ukrainian President Petro Poroshenko and the country's parliament to fire Prosecutor General Viktor Shokin, in March 2016. At
the same time, Biden's son, Hunter, served on the board of the
Ukrainian natural gas firm Burisma Holdings -- which was owned by an
oligarch, Mykola Zlochevsky, who in turn was being investigated by that
same prosecutor. Shokin
was soon voted out by the Ukrainian parliament. After leaving office,
Biden admitted on video that he had threatened that the U.S.
would pull $1 billion in loan guarantees unless Shokin was terminated. "That
stinks, the facts are stubborn, and eventually this is going to have to
be investigated," Giuliani said, adding that in order to prevent any
"political suggestions" he is going to "step back and just watch [the
situation] unfold." Fox News' Gregg Re contributed to this report.
Talks between U.S. and Chinese negotiators ended Friday without a trade
pact, prompting the Trump administration to possibly further expand its
trade war with Beijing and tax its remaining imports, increasing the
widening divide between the world's two largest economies.
In a
statement Friday evening, a trade representative for the United States
said Trump had “ordered us to begin the process of raising tariffs on
essentially all remaining imports from China, which are valued at
approximately $300 billion.”
Earlier reports said the Trump
administration had set a one-month deadline for China to agree to a
trade deal or face the punitive tariffs. The threat of additional
tariffs -- at 25 percent -- would be placed on $325 billion in Chinese
goods, according to Bloomberg. News of the impasse comes hours after the
U.S. imposed a second round of tariffs on $200 billion in Chinese products as retaliation for China walking back on its commitments.
President Trump and China's President Xi Jinping shake hands in
Beijing on No. 9, 2017. After U.S.-China trade talks ended Friday
without a deal, Trump said he maintained faith in his "strong"
relationship with the Chinese leader. (Getty Images)
"The relationship between President Xi and myself
remains a very strong one, and conversations into the future will
continue," Trump said after trade talks wrapped up. "In the meantime,
the United States has imposed tariffs on China, which may or may not be
removed depending on what happens with respect to future negotiations!"
China’s
top negotiator, Vice Premier Liu He, said in a Friday interview on
China-state television that both sides agreed to keep talking despite
what he called “some temporary resistance and distractions."
“For
the interest of the people of China, the people of U.S. and the people
of the whole world, we will deal with this rationally,” Liu continued.
He said negotiations had not broken down but added that China was not
willing to make concessions on “principle issues," the New York Times reported.
China
has vowed retaliation against the U.S. for the higher tariffs even as
talks between the world’s two largest economies continue. No specifics
have been released.
Trump justified the tariff hikes in a series of other tweets Friday.
“Talks
with China continue in a very congenial manner - there is absolutely no
need to rush - as Tariffs are NOW being paid to the United States by
China of 25% on 250 Billion Dollars worth of goods & products. These
massive payments go directly to the Treasury of the U.S....,” he
posted.
In other tweets, he said proposed using income from the
tariffs to buy agricultural products from American farmers and that the
U.S. sells China only about $100 billion in goods and services, which he
called a "very big imbalance," Bloomberg reported.
Friday's
trade escalation came as a surprise to many American businesses and
consumers who thought a trade deal was within reach.
This graphic shows the increasing US-China trade deficit over time
and compares with other top U.S. trade deficits from other counties.
(Associated Press )
"Thousands of U.S.
companies are affected, and some had millions of dollars on the line,"
Brian Keare, the field chief information officer at Incorta, who advises
companies like Broadcom, Starbucks, and Apple, told Business Insider.
"You literally had to make split-second decisions about your logistics
and supply chain if you wanted to make sound financial decisions."
White House officials have stressed that both sides were eager to reach a deal. Treasury Secretary Steven Mnuchin told FOX Business last week that although they still had “more work to do,” enforcement mechanisms were “close to done.”
“If we get to a completed agreement it will have real enforcement provisions,” he said at the time.