Investors seek safe havens such as US treasuries and gold as the superpower standoff shows no sign of being resolved
Shares in Australia and across Asia Pacific have fallen sharply amid a new flare-up of US-Chinese trade tensions.
Despite a senior Chinese leader saying Beijing wanted to resolve the dispute with “calm negotiations”, indices were deep in the red on Monday.
Continue reading...US president reportedly asked more than once about why military could not bomb hurricanes
Donald Trump has reportedly suggested on more than one occasion that the US military should bomb hurricanes in order to disrupt them before they make landfall.
According to US news website Axios, the president said in a meeting with top national security and homeland security officials about the threat of hurricanes: “I got it. I got it. Why don’t we nuke them?”
“They start forming off the coast of Africa, as they’re moving across the Atlantic, we drop a bomb inside the eye of the hurricane and it disrupts it. Why can’t we do that?”
Continue reading...PM said EU leaders would be blamed for their ‘obduracy’ and that UK could keep much of £39bn settlement
Britain could “easily cope” with a no-deal Brexit, which would be the fault of EU leaders’ “obduracy”, Boris Johnson claimed at the summit of G7 countries in France, as he continued to resist mounting pressure to spell out his own plans for breaking the deadlock.
“I think we can get through this, this is a great, great country, the UK, we can easily cope with a no-deal scenario,” Johnson insisted in Biarritz, as he made his debut on the international stage as prime minister with a series of bilateral meetings with world leaders including Donald Trump, the EU council president, Donald Tusk, and the Indian prime minister, Narendra Modi.
Continue reading...US president argues Putin should be included in discussions on Iran, Syria and North Korea
Donald Trump has rowed with his fellow G7 leaders over his demand that Russia be readmitted to the group, rejecting arguments that it should remain an association of liberal democracies, according to diplomats at the summit in Biarritz.
The disagreement led to heated exchanges at a dinner on Saturday night inside the seaside resort’s 19th-century lighthouse. According to diplomatic sources, Trump argued strenuously that Vladimir Putin should be invited back, five years after Russia was ejected from the then G8) for its annexation of Crimea.
Continue reading...Visit comes during summit at which policy on Iran has been one of most contentious issues
Iran’s foreign minister, Mohammad Javad Zarif, has made a surprise appearance in Biarritz meeting Emmanuel Macron, in the midst of a G7 summit where western policy towards Iran has been one of the most contentious issues.
On Sunday evening, Zarif posted a picture on Twitter of his meeting with the French president and the foreign minister, Jean-Yves Le Drian, reportedly in the office of the Biarritz mayor, across the road from a building where G7 leaders had been meeting. The Iranian foreign minister said he had also provided a briefing for British and German officials.
Continue reading...Joe Walsh, a talk radio host and former congressman, said on Sunday he would challenge Donald Trump for the 2020 Republican presidential nomination.
Related: Something rotten? Trump's state over Denmark at heart of a madcap week
Continue reading...Donald Trump has admitted he may rethink his deepening trade war with China after criticism from fellow world leaders at the G7 summit in Biarritz. Asked at a working breakfast with Boris Johnson if he had had second thoughts about the standoff, the president replied: 'Yeah, sure. Why not? … I have second thoughts about everything'
Continue reading...The US president talks up the prospects of a US-UK trade deal after meeting Boris Johnson at the G7 summit in Biarritz, praising the PM as 'the right man' to deliver Brexit and suggesting a trade agreement between the two countries could be struck quickly
Continue reading...Australia’s PM flies into Biarritz, where he will have talks with world leaders – and a chat with Donald Trump
Scott Morrison will try to push countries further on taking action against terrorist and violent extremist material on social media during a series of meetings on the sidelines of the G7 summit.
Australia’s prime minister arrived in the French surfing town of Biarritz on Saturday night (early Sunday AEST) for the high-powered international forum.
Continue reading...French president Emmanuel Macron has said he hopes to convince world leaders to pull back from trade war and heal growing divisions at the G7 summit in Biarritz, despite signs that will be a daunting task.
Related: Boris Johnson prepares for Biarritz balancing act with Donald Trump
Continue reading...Analysts say sending a warship to patrol the Strait of Hormuz risks binding Australia to an incoherent and inflammatory US foreign policy
Australia’s announcement this week that it will join US-led freedom of navigation operations patrolling the Strait of Hormuz brings the number of American allies willing to contribute to America’s latest Middle East sortie to just three.
The increasing tensions in the narrow, but critical, strait are almost universally regarded as an avoidable, US-created crisis, the result of Washington tearing up the Iran nuclear deal.
Continue reading...World powers are racing to exploit the vast untapped resources of the Arctic as global heating opens up a new frontier
Donald Trump’s cack-handed attempt to buy Greenland, and the shirty response of Denmark’s prime minister, provoked amusement last week. But it was mostly nervous laughter. The US intervention shone a cold light on a rapidly developing yet neglected crisis at the top of the world – the pillage of the Arctic.
Like the late 19th-century “scramble for Africa”, when European empires expanded colonial control of the continent’s land mass from 10% to 90% in 40 years, the Arctic region is up for grabs. As was the case then, the race for advantage is nationalistic, dangerously unregulated, and harmful to indigenous peoples and the environment.
Continue reading...President ‘hereby orders’ US firms to seek alternative locations and suggests Fed Chair is an ‘enemy’
Donald Trump escalated his attacks on China on Friday, bumping up tariffs on Chinese imports and ordering US companies to leave China.
Trump’s announcements on Friday – all on Twitter – came after the president launched another blistering criticism of the Federal Reserve chairman, Jerome Powell, asking: “Who is our bigger enemy, Jay Powell or [China’s] Chairman Xi?”
Continue reading...Boris Johnson also expected to discuss Iran with Donald Trump at summit in Biarritz
Britain will continue to be an “energetic partner” to its international allies after Brexit, Boris Johnson has said, as he prepared to fly to Biarritz for the G7 summit – his first major appearance on the world stage as prime minister.
Fresh from Brexit discussions in Berlin and Paris this week, Johnson will use a string of bilateral meetings with world leaders in the French resort to underline Britain’s determination to remain internationalist.
Continue reading...On Friday the US president ‘hereby ordered’ companies to halt business with China, among other attacks – how did we get here?
Even by Donald Trump’s standards his Twitter rant attacking China on Friday was extraordinary. In a series of outbursts Trump “hereby ordered” US companies to stop doing business with China, accused the country of killing 100,000 Americans a year with imported fentanyl and stealing hundred of billions in intellectual property.
The attack marked a new low in Sino-US relations and looks certain to escalate a trade war already worrying investors, manufacturers and economists who are concerned that the dispute between the two economic superpowers could trigger a recession.
Continue reading...The president is travelling to France for the G7 summit, claiming the economy is ‘phenomenal’ despite some worrying signs
A city council candidate in Michigan said she wants to keep her community white “as much as possible” at a public forum on Thursday.
The candidate, Jean Cramer, made the comment in response to a question about diversity in Marysville, which is 55 miles (88 kilometers) northeast of Detroit and more than 90% of its 9,700-person population is white.
Donald Trump, who tapped into the angst and anger in the rust belt in 2016, has failed to return jobs to Lordstown, Ohio, where a GM plant closed down last year.
The Guardian’s Adam Gabbatt visited the town where, he writes, the presence of the factory and its well-paid manufacturing jobs was particularly important:
Related: 'It's devastating'. End of GM in Ohio town as Trump fails to bring back midwest jobs
Continue reading...Exclusive: songwriter discusses her political awakening in a Guardian interview
Taylor Swift has spoken of her disillusionment with American values in an exclusive interview with the Guardian.
The 29-year-old songwriter said she began feeling conflicted about what the US stood for when “all the dirtiest tricks in the book were used and it worked”. The Pennsylvania-born musician described the atmosphere in her home country as “gaslighting the American public into being like, ‘If you hate the president, you hate America.’”
Continue reading...Trump’s mood is volatile, and the French leader’s approach has had only limited success
Emmanuel Macron reckons he has found the best way of dealing with Donald Trump. It involves acceptance that the US president’s mind will not be changed where a campaign promise is involved. But on everything else – keep talking.
Macron’s method is about to be put to the test once more as Trump arrives on Saturday to join the G7 summit of the world’s major industrialised democracies in Biarritz. So far, the results have been thin at best.
Continue reading...
I’m signing off for the day and handing over the reigns to my talented colleague, Julia Wong. Thanks for sticking with us through what has proved to be a slow but steady news days. Here’s a roundup of the biggest news of the day.
Connecticut senator Chris Murphy, a Democrat who became a leading champion of gun control in the wake of the Newtown shooting, has revived hope of action on background checks after Trump appeared to walk back his support.
I spoke with the White House today. They have not walked away from improving background checks. I am skeptical we can reach consensus but I’m willing to stay at the table over next few weeks. Maybe I’m a fool for trying but stakes are too high.
Continue reading...The US president said his life would be easier if he had not mounted a trade war with China but went on to say ‘I am the chosen one’ to take on Beijing. Donald Trump said the US would probably make a deal with China