As he lived in a tent and battled to provide for his family, Hussam al-Masri, a Reuters journalist killed by Israeli fire on Monday while running a live video feed at Gaza's Nasser Hospital, covered the suffering of civilians during the conflict. According to journalist colleagues, Masri, 49, was a seasoned cameraman who was well-liked by Gaza's close-knit community of reporters because of his upbeat demeanor in the most perilous circumstances. In the months before his death, he would say, "Tomorrow will be better," despite the fact that the Palestinian enclave was becoming increasingly desolate and hungry. That was the conclusion of his final discussion with Mohamed Salem, a senior Reuters visuals journalist who had collaborated with Masri in Rafah, in southern Gaza, last year and had known him since 2003. Salem, who left Gaza later in 2024 but stayed in daily contact with Masri until Monday morning, said he was a pleasure to work with because of his smiles and o...
With just hours before U.S. tariffs on Chinese goods were set to return to triple-digit rates, a White House official announced Monday that U.S. President Donald Trump had signed an executive order extending a tariff truce with China by an additional ninety days.
The order came a day after Trump urged Beijing to quadruple its purchases of U.S. soybeans and gave reporters a vague response when asked if he would extend the lower tariff rates.On Tuesday at 00:01 ET (04:01 GMT), a tariff truce between Washington and Beijing was scheduled to end. With Chinese tariffs on U.S. goods expected to reach 125%, the order keeps U.S. tariffs on Chinese goods from skyrocketing to 145%, which would have effectively created a trade embargo.
When asked how he intended to extend the deadline, Trump responded at a press conference, "We'll see what happens." "They've been getting along just fine. My relationship with President Xi (Jinping) is excellent.
Washington imposed 30% tariffs on Chinese imports in February and March, with a 10% base rate and 20% fentanyl-related tariffs. The de-escalation was matched by China, which reduced its import tariff to 10%.
When asked how he intended to extend the deadline, Trump responded at a press conference, "We'll see what happens." "They've been getting along just fine. My relationship with President Xi (Jinping) is excellent.
Washington imposed 30% tariffs on Chinese imports in February and March, with a 10% base rate and 20% fentanyl-related tariffs. The de-escalation was matched by China, which reduced its import tariff to 10%.
Following discussions in Geneva, Switzerland, the two parties declared a truce in their trade dispute in May, committing to a 90-day window for additional negotiations. They did not declare a deal to further extend the deadline when they met again in late July in Stockholm, Sweden.
Trump is expected to extend the 90-day "tariff détente" for an additional 90 days, according to Kelly Ann Shaw, a senior White House trade official during Trump's first term who is currently with Akin Gump Strauss Hauer & Feld.
She stated, "It wouldn't be a Trump-style negotiation if it didn't go right down to the wire," adding that Trump might use the announcement of advancements in other areas of the economic partnership as justification for issuing the extension.
Trump is expected to extend the 90-day "tariff détente" for an additional 90 days, according to Kelly Ann Shaw, a senior White House trade official during Trump's first term who is currently with Akin Gump Strauss Hauer & Feld.
She stated, "It wouldn't be a Trump-style negotiation if it didn't go right down to the wire," adding that Trump might use the announcement of advancements in other areas of the economic partnership as justification for issuing the extension.
The news was welcomed by Ryan Majerus, a former U.S. trade official who currently works for the King & Spalding law firm.
As negotiations continue and the United States and China strive for a framework agreement in the fall, this will surely lessen anxiety on both sides. "The extension gives them more time to try and work out some of the longstanding trade concerns, and I'm sure investment commitments will factor into any potential deal," he said.
As negotiations continue and the United States and China strive for a framework agreement in the fall, this will surely lessen anxiety on both sides. "The extension gives them more time to try and work out some of the longstanding trade concerns, and I'm sure investment commitments will factor into any potential deal," he said.
Beyond Trump's comments, the White House remained silent. Requests for comment were not answered by the U.S. Trade Representative's Office or the Treasury Department.
Washington has the makings of a deal with China, according to U.S. Treasury Secretary Scott Bessent, who expressed optimism about the future.
Though analysts questioned the viability of any such agreement, Trump pushed for more concessions on Sunday, calling on China to quadruple its soybean purchases. On Monday, Trump did not reiterate the demand.
Trump has threatened to impose secondary tariffs on China, but Washington has also been pressuring Beijing to cease purchasing Russian oil.
Washington has the makings of a deal with China, according to U.S. Treasury Secretary Scott Bessent, who expressed optimism about the future.
Though analysts questioned the viability of any such agreement, Trump pushed for more concessions on Sunday, calling on China to quadruple its soybean purchases. On Monday, Trump did not reiterate the demand.
Trump has threatened to impose secondary tariffs on China, but Washington has also been pressuring Beijing to cease purchasing Russian oil.
SOURCE: NEWS AGENCIES