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The United Nations mission in Libya called for de-escalation Monday after fighting erupted in the North African nation’s capital.

The UN Support Mission in Libya (UNSMIL) is “alarmed by the unfolding security situation in Tripoli with intense fighting with heavy weaponry in densely populated civilian areas,” it said in a post on X late Monday.

“The Mission calls on all parties to immediately cease fighting and restore calm, and reminds all parties of their obligations to protect civilians at all times,” UNSMIL added.

“Attacks on civilians and civilian objects may amount to war crimes.”

Gunfire was heard in Tripoli as reports emerged that a prominent commander, Abdulghani Kikli of the Support Force Apparatus SSA, one of the capital’s most powerful armed groups, was killed, Reuters reported. The Support Force Apparatus SSA is a state-backed security institution affiliated with the Presidential Council, according to its website.

Libya has been embroiled in a political conflict since long-time dictator Moammar Gaddafi was overthrown in 2011, leading to the emergence of several armed groups.

While a 2020 ceasefire brought some peace, the country remains fragile and divided, with the internationally recognized Government of National Unity (GNU) ruling in Tripoli and the northwest and the Government of National Stability ruling in Benghazi in the east.

Armed clashes have occasionally been reported, with major factions vying for control over Libya’s substantial oil and gas reserves.

Amid reports of violence, the GNU’s health ministry told local hospitals and medical centers in Tripoli to prepare for emergencies, according to a post on its Facebook account.

The GNU’s interior ministry called on citizens in a short statement to stay at home “for their own safety,” according to Reuters.

The University of Tripoli Presidency also announced on Facebook the suspension of all studies, exams, and administrative work until further notice.

The administration appeared to be moving forward with those plans as recently as Wednesday, when migrants believed to be bound for Libya sat for hours on a bus before abruptly being returned to a detention facility. The White House declined to comment on those flight plans.

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Taiwan on Monday test-fired for the first time a new US-supplied rocket system that has been widely used by Ukraine against Russia and could be deployed to hit targets in China if there is a war with Taiwan.

The United States is Taiwan’s most important arms supplier, despite the lack of formal diplomatic ties. Taiwan has faced increased military pressure from China, including several rounds of war games, as Beijing seeks to assert its sovereignty claims over the island.

Taiwan has bought 29 of Lockheed Martin’s precision weapon High Mobility Artillery Rocket Systems, or HIMARS, with the first batch of 11 received last year and the rest set to arrive by next year.

With a range of about 300 kilometers (186 miles), they could hit coastal targets in China’s southern province of Fujian, on the other side of the Taiwan Strait, in the event of conflict.

The US-trained Taiwan military team fired the rockets from the Jiupeng test center on a remote part of the Pacific coast.

Officer Ho Hsiang-yih told reporters US personnel from the manufacturer were at the site to tackle any problems.

“I believe that this rocket firing shows our people the military’s determination to protect the country’s security and safeguard our beautiful homeland,” he added.

HIMARS, one of Ukraine’s main strike systems, has been used multiple times during the war with Russia. In March, Australia said it had received the first two of 42 HIMARS launcher vehicles.

The test came a day after Taiwan said it had detected another “joint combat readiness patrol” by China’s military near the island, involving warplanes and warships.

Taiwan’s democratically-elected government rejects China’s sovereignty claims, saying only the island’s people can decide their future.

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A court in Paris on Tuesday found French actor Gérard Depardieu guilty of sexually assaulting two women on a film set in 2021 and handed him an 18-month suspended prison sentence.

In one of the highest-profile #MeToo cases to come before judges in France, Depardieu, a towering figure of French cinema, had repeatedly denied any wrongdoing. But judge Thierry Donard said Depardieu’s explanation of events had been unconvincing.

One of the two plaintiffs, Amelie K, a set decorator, had told the court the actor had groped her all over her body as he trapped her between his legs and made explicit sexual comments.

“He touched everything, including my breasts,” she told the court. “I was terrified, he was laughing.”

The presiding judge said two witnesses corroborated her account whilst Depardieu had been contradictory in his own accounts.

The #MeToo protest movement over sexual violence has struggled to gain the same traction in France as in the United States, though there are signs that social attitudes towards sexual assault may be changing.

This is a developing story and will be updated.

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British police said on Tuesday they had arrested a 21-year-old man on suspicion of arson after counter-terrorism officers launched an investigation into three fires, including one at Prime Minister Keir Starmer’s private home.

Police were called to reports of a fire in the early hours of Monday morning at the property in Kentish Town in north London, the area that Starmer represents in parliament.

Nobody was injured but damage was caused to the property’s entrance, police said.

The man was arrested in the early hours of Tuesday on suspicion of arson with intent to endanger life in connection with the fire and two further incidents, police said. He remains in custody, they added.

Police are investigating whether a fire at the entrance of a property in nearby Islington on Sunday and a vehicle fire in Kentish Town on Thursday are linked to the incident on Monday.

A BBC report said the Islington property was also connected to the prime minister.

Starmer lived in the terraced house on a back street with his wife and two children before he moved into Number 10 Downing Street when he became prime minister last July.

Officers from London’s Metropolitan Police Counter Terrorism Command were leading the investigation due to the property’s connections with a high-profile public figure, police said.

His spokesperson thanked the emergency services for their work on Monday.

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US President Donald Trump has said he is open to attending the potential peace talks between Russia and Ukraine in Turkey on Thursday, as the US ramps up pressure on Moscow and Kyiv to bring an end to the three-year conflict.

Trump is visiting the Gulf this week, making stops in Saudi Arabia, the United Arab Emirates and Qatar, for his first overseas trip since the start of his second term. He said he could detour to Turkey “if I thought it would be helpful.”

“I think you may have a good result out of the Thursday meeting in Turkey between Russia and Ukraine,” Trump told reporters at the White House on Monday. “I don’t know where I’m going to be on Thursday, I’ve got so many meetings, but I was thinking about actually flying over there. There’s a possibility of it, I guess, if I think things can happen.”

Shortly after, Ukrainian President Volodymyr Zelensky said his country “would appreciate” Trump’s attendance, and said he supported Trump’s call for direct talks between himself and Russian President Vladimir Putin.

“It is important that President Trump fully supports the meeting, and we would like him to find the opportunity to be in Turkey,” Zelensky said in his evening address.

The Ukrainian president said Sunday he was prepared to meet Putin after the Russian president proposed “direct talks” in Turkey – something not seen since the early weeks of Moscow’s full-scale invasion in 2022. Trump urged the Ukrainian president to “immediately” agree to Putin’s offer, undermining efforts to pressure Moscow to a ceasefire.

Moscow has not yet confirmed whether or not Putin or any other Russian official will attend the talks.

Last weekend, Ukraine’s major European allies had given Russia an ultimatum: agree to an unconditional 30-day ceasefire in Ukraine or face “massive” new sanctions. They insisted there could be no new talks before a ceasefire.

Trump had supported the initiative, Germany’s new chancellor Friedrich Merz said. Trump had called earlier that week for a 30-day unconditional ceasefire in Ukraine, without providing a deadline. “If the ceasefire is not respected, the US and its partners will impose further sanctions,” he warned.

For months, Ukraine and its allies tried to convince the Trump administration that Putin acts in bad faith, and have said Russia’s agreeing to a ceasefire could function as a test of whether it is serious about achieving the peace the US president has long demanded.

In urging Zelensky meet Putin, Trump dropped his demand for Russia to agree to a ceasefire, marking a dramatic change in approach.

On Monday, the Kremlin said Putin was serious about trying to find peace through talks, but the spokesperson said he could not say more, according to Reuters news agency.

Russian Foreign Minister Sergei Lavrov spoke by telephone with his Turkish counterpart Hakan Fidan about Putin’s proposed talks with Ukraine, but a brief Russian foreign ministry account gave no indication whether Putin would attend, according to Reuters.

Zelensky said Monday that Moscow had been “silent” regarding Putin’s proposal to meet.

“Ukraine always supports diplomacy. I am ready to be in Turkey. Unfortunately, the world still has not received a clear answer from Russia regarding numerous proposals for a ceasefire,” Zelensky said in his evening address.

Zelensky said he had spoken to Turkish President Recep Tayyip Erdogan who “expressed full readiness to host the meeting.” The Kremlin said Putin spoke with Erdogan on Sunday, who “fully supported” Putin’s proposal for peace talks and had offered Istanbul as a venue.

“A new window of opportunity has opened with the recent contacts. We hope that this opportunity will not be wasted,” Erdogan said Monday, following his call with Zelensky.

The Trump administration has been growing increasingly frustrated that efforts to broker a peace deal between Russia and Ukraine have so far fallen short.

Last month, US Secretary of State Marco Rubio said that if there was no progress on Ukraine, the US would “need to move on.”

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Kim Kardashian is set to testify Tuesday in the Paris trial of the burglars accused of tying up and robbing the billionaire reality TV star at gunpoint nearly nine years ago.

She is expected to detail her ordeal during the 2016 Paris Fashion Week burglary, where she was robbed of nearly $10 million in cash and jewellery, including a $4 million engagement ring that was never recovered.

It will be the first time Kardashian will face the alleged robbers in court.

The defendants – who consist of nine men and one woman whose ages range from their 30s to their 70s – are facing charges including armed robbery, kidnapping and conspiracy. Eight of them deny involvement, while two have admitted to lesser offenses.

Several are repeat offenders, with much of the beginning of the trial focused on their past criminal careers.

The trial opened on April 28 at a packed courthouse in the French capital.

The bodyguard, named only as Pascal D., said he found Kardashian “crying hysterically” on his arrival.

Dubbed the “Grandpa Robbers,” of the original 12 suspects, one has since died, and another defendant who has Alzheimer’s disease has been ruled unfit to stand trial. If convicted, some of the remaining defendants could face up to 30 years in prison.

The trial has been delayed for years partly because of major cases like those related to the 2015 Paris terrorist attacks.

The trial is scheduled to run through May 22, with a verdict expected on May 23.

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House and Senate Republicans have been working for months on a sweeping piece of legislation addressing a litany of President Donald Trump’s agenda items.

Such a bill is possible via the budget reconciliation process, which allows the party controlling Congress and the White House to pass broad policy overhauls while totally sidelining the minority. It lowers the Senate’s threshold for passage from 60 votes to 51, lining it up with the House’s simple majority rules.

However, one of the caveats is that the measures tucked into the bill must deal with taxes, spending or the national debt. One key person gets the final say over what is relevant to that sphere – the Senate parliamentarian. 

The parliamentarian, who heads the Senate’s parliamentarian office, is a nonpartisan, unelected role appointed by the Senate majority leader. It does not have a fixed term.

The person’s role is to advise the Senate and its staff on the chamber’s rules and precedent. The normally low-profile role has been thrust into the spotlight several times in congressional history, however, particularly surrounding reconciliation.

‘At the end of the day, it really is a judgment call. And sometimes you’re making a judgment call where you’re relying on similar situations or maybe analogous situations where we dealt with reconciliation in the past, maybe other times you’re dealing with a completely novel issue, and you’re having to figure it out,’ one former senior Senate aide described to Fox News Digital.

‘Or maybe, and this happens a lot, people are trying get things through, debating or citing past provisions of previous reconciliation bills…saying ‘Hey, this provision is very similar, and this got through.’’

The Senate parliamentarian leads the ‘Byrd bath,’ a key part of the reconciliation process where the legislation is carefully examined, and any measures found not relevant to the contours of reconciliation are stripped out.

Notably, progressive Rep. Ilhan Omar, D-Minn., called for the firing of the Senate parliamentarian in 2021 when she forced Senate Democrats to scuttle their $15 per hour minimum wage effort from their reconciliation bill at the time.

That same parliamentarian, Elizabeth MacDonough, who was appointed by the late former Senate Majority Leader Harry Reid, D-Nev., is still serving today and has largely garnered bipartisan respect for her handling of the role.

MacDonough, appointed in 2012, is the first woman in the job. She was a part of the parliamentarian’s office before that and briefly served as an attorney in the Department of Justice, according to NPR.

‘I would say that this particular parliamentarian sees herself more as, almost an administrative law judge, and I think that she has generally viewed some of the things that the Senate has been allowed to get away with in reconciliation as a departure from precedent,’ said Paul Winfree, president of the Economic Policy Innovation Center and a former Senate Budget Committee staffer himself, told Fox News Digital.

‘I think that she has more of a ‘small-c’ conservative approach to what is allowable. At the same time, a lot of what is considered to be allowable under reconciliation is dependent on estimates that are produced by the Congressional Budget Office or the joint tax committee.’

When asked if any of the current public reconciliation plans could face issues with the parliamentarian, both people who spoke with Fox News Digital floated an accounting maneuver that would largely obscure the cost of permanently extending Trump’s 2017 Tax Cuts and Jobs Act.

That scoring method, known as current policy baseline, would zero out the cost of extending the 2017 tax cuts by measuring it as an extension of the current economic conditions, rather than factoring in how much less the government is taking in via tax revenues with the cuts in effect.

Senate Republicans have signaled they believe they have the legal basis for moving forward with that calculation, however, without the parliamentarian’s say.

‘We think the law is very clear, and ultimately the budget committee chairman makes that determination,’ Senate Majority Leader John Thune, R-S.D., told reporters last month.

The Senate GOP aide who spoke with Fox News Digital said, ‘If that were to have fallen out or just, you didn’t know what was going to happen, that would just affect so many provisions in the bill.’

‘Because all of a sudden, you know, all these things start scoring [as an increase to the deficit]…and things become more problematic with your instructions,’ the former aide said.

Winfree, however, said Republicans have appeared to be mindful overall with how they have written the text so far.

‘They’ve actually been pretty conservative in how they’ve approached the language,’ he said.

He said it was ‘possible some of the immigration provisions could get a second look,’ but that even then, he believed it would ‘ultimately be okay.’

Republican leaders have said they hope to have a bill on Trump’s desk by Fourth of July.

Fox News Digital reached out to the current Senate Majority Leader’s office for comment.

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President Donald Trump declared Monday that the U.S. ‘will no longer tolerate profiteering and price gouging from Big Pharma’ as he signed an executive order implementing what his administration is calling ‘most favored nations drug pricing.’ 

‘The principle is simple – whatever the lowest price paid for a drug in other developed countries, that is the price that Americans will pay,’ Trump said at the White House. ‘Some prescription drug and pharmaceutical prices will be reduced almost immediately by 50 to 80 to 90%.’ 

Trump said that ‘starting today, the United States will no longer subsidize the healthcare of foreign countries, which is what we were doing. We’re subsidizing others’ healthcare, the countries where they paid a small fraction of what for the same drug that what we pay many, many times more for and will no longer tolerate profiteering and price gouging from Big Pharma.’ 

‘Even though the United States is home to only 4% of the world’s population, pharmaceutical companies make more than two thirds of their profits in America. So think of that with 4% of the population, the pharmaceutical companies make most of their money. Most of their profits from America. That’s not a good thing,’ Trump continued.  

‘I think, by the way, pharmaceutical – I have great respect for these companies and for the people that run them. I really do, and I think they did one of the greatest jobs in history for their company, convincing people for many years that this was a fair system. Nobody really understood why, but I figured it out. For years, pharmaceutical and drug companies have said that research and development costs were what they are, and for no reason whatsoever, they had to be borne by America alone,’ Trump said. ‘Not anymore, they don’t.’ 

The White House said that the executive order ‘directs the U.S. Trade Representative and Secretary of Commerce to take action to ensure foreign countries are not engaged in practices that purposefully and unfairly undercut market prices and drive price hikes in the United States.

‘The Order instructs the Administration to communicate price targets to pharmaceutical manufacturers to establish that America, the largest purchaser and funder of prescription drugs in the world, gets the best deal,’ the White House said.

‘The Secretary of Health and Human Services will establish a mechanism through which American patients can buy their drugs directly from manufacturers who sell to Americans at a ‘Most-Favored-Nation’ price, bypassing middlemen,’ the White House added. ‘If drug manufacturers fail to offer most-favored-nation pricing, the Order directs the Secretary of Health and Human Services to: (1) propose rules that impose most-favored-nation pricing; and (2) take other aggressive measures to significantly reduce the cost of prescription drugs to the American consumer and end anticompetitive practices.’

Health and Human Services Secretary Robert F. Kennedy Jr. said alongside Trump, ‘I never thought that this would happen in my lifetime.’

‘I have a couple of kids who are Democrats, are big Bernie Sanders fans. And when I told them that this was going to happen, they had tears in their eyes. Because they thought, this is never going to happen,’ he said. ‘And we finally have a president who is willing to stand up for the American people.’ 

Trump said earlier this morning that drug prices would be ‘cut by 59%.’ 

The Pharmaceutical Research and Manufacturers of America trade group opposes the order, saying, ‘This Foreign First Pricing scheme is a bad deal for American patients.’ 

‘Importing foreign prices will cut billions of dollars from Medicare with no guarantee that it helps patients or improves their access to medicines,’ the group’s president, Stephen Ubl, said in a statement provided to Fox News Digital. ‘It will jeopardize the hundreds of billions our member companies are planning to invest in America, making us more reliant on China for innovative medicines.’ 

‘To lower costs for Americans, we need to address the real reasons U.S. patients are paying more for their medicines. We are the only country in the world that lets PBMs, insurers and hospitals take 50% of every dollar spent on medicines,’ Ubl also said. ‘In fact, hospital markups in 340B and the rebates and fees paid to middlemen in the U.S. often exceed the total cost of medicines oversees. Giving more of this money to patients will lower their medicine costs and reduce the gap with European prices.’ 

Fox News Digital’s Greg Wehner contributed to this report.  

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President Donald Trump defended the U.S. preparing to accept a jumbo jet gift from Qatar’s royal family to serve as a temporary Air Force One as Boeing failed to roll out a new Air Force One fleet in a timely manner. 

‘We’re very disappointed that it’s taking Boeing so long to build a new Air Force One,’ Trump said during a press conference on drug prices Monday morning. ‘You know, we have an Air Force One that’s 40 years old. And if you take a look at that, compared to the new plane of the equivalent, you know, stature at the time, it’s not even the same ballgame.’ 

‘When I first came in, I signed an order to get (the new Air Force One fleet) built,’ he continued. ‘I took it over from the Obama administration, they had originally agreed. I got the price down much lower. And then, when the election didn’t exactly work out the way that it should have, a lot of work was not done on the plane because a lot of people didn’t know they made change orders. That was so stupid, so ridiculous. And it ended up being a total mess, a real mess.’ 

Reports spread Sunday morning that the Trump administration was expected to accept a $400 million Boeing 747-8 jumbo jet from Qatar’s royal family. ABC News reported that Trump would use the jet until the end of his term, when it would be given to his presidential library. 

Trump confirmed Sunday evening on Truth Social that the Department of Defense would receive the 747 as a gift, while railing against Democrats as ‘world class losers’ for criticizing the gift.  

‘So the fact that the Defense Department is getting a GIFT, FREE OF CHARGE, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction, so bothers the Crooked Democrats that they insist we pay, TOP DOLLAR, for the plane,’ Trump wrote. ‘Anybody can do that! The Dems are World Class Losers!!! MAGA.’

He continued in the press conference Monday that when he returned to office in January, his administration informed him construction on two new Air Force Ones was ‘way behind’ on the schedule for completion. 

‘If we can get a 747 as a contribution to our Defense Department to use during a couple of years while they’re building the other ones. I think that was a very nice gesture. Now, I could be a stupid person to say, ‘Oh, no, we don’t want a free plane.’ We give free things, we’ll take one, two, and it helps us out. Because again, we’re talking about we have a 40-year-old aircraft. The money we spend, the maintenance we spend on those planes to keep them tippy-top is astronomical,’ he added, calling the gift a ‘great gesture from Qatar.’ 

White House press secretary Karoline Leavitt also brushed off concern over the Qatari royal family donating a Boeing jumbo jet to the U.S. Department of Defense, arguing on Monday there will be no quid pro quo arrangement and that the donation is under legal review to ensure full compliance with the law. 

‘The Qatari Government has graciously offered to donate a plane to the Department of Defense,’ Leavitt said on ‘Fox & Friends’ Monday morning. ‘The legal details of that are still being worked out. But, of course, any donation to this government is always done in full compliance with the law, and we commit ourselves to the utmost transparency, and we will continue to do that.’

When asked if the administration was worried that accepting the gift could lead to a quid pro quo situation where Qatar expects something in return, Leavitt shot down such a narrative. 

‘Absolutely not because they know President Trump, and they know he only works with the interests of the American public in mind,’ Leavitt responded. 

Rep. Ritchie Torres, D-N.Y., wrote to the Government Accountability Office on Sunday, calling for an ethics investigation into the gift, claiming it would be the single most expensive gift ever received by a U.S. president. 

‘I am writing to express alarm over reports that President Donald Trump is poised to accept a luxury aircraft — a Boeing 747-8 — from the government of Qatar,’ Torres wrote. ‘The plane, so opulent it has been described as a ‘palace in the sky,’ is set to be made available to President Trump for official use as Air Force One and then for private use once he leaves office.’ 

‘This ‘flying grift’ is merely the latest chapter in a tawdry tale of presidential profiteering unprecedented in American history,’ Torres added.

Presidents have for decades circumvented the Emoluments Clause — which prohibits federal elected officials from accepting gifts from foreign governments or monarchs — by classifying gifts they receive while in office as gifts to the office of the president. Those gifts are then cataloged and stored as part of their presidential libraries after leaving office. 

While presidents maintain some level of access to the items in their libraries, they do not own them directly and must purchase them from the federal government in order to secure private ownership.

Leavitt said in a comment to Fox Digital Monday morning that all gifts received by a foreign government would be above board and in compliance with the law. 

‘Any gift given by a foreign government is always accepted in full compliance with all applicable laws,’ Leavitt said. ‘President Trump’s Administration is committed to full transparency.’ 

Trump is headed to the Middle East and is expected to meet with leaders in Saudi Arabia, Qatar and the United Arab Emirates. A Trump administration official confirmed to Fox News Digital that the plane will not be presented to the president nor accepted by Trump during his trip abroad. 

The current Air Force One fleet includes two aging planes, both of which are more than 30 years old and have been eyed for replacement since at least the Obama administration. 

Trump railed against a government deal with Boeing to build a new fleet of Air Force Ones ahead of his first administration, posting on social media in December 2016 that the ‘costs are out of control, more than $4 billion’ to build the two aircraft.

Trump in 2018 awarded Boeing a $3.9 billion fixed-price agreement to manufacture two new jets. The construction of the jets, however, is not expected to be completed until 2029. 

‘Boeing is proud to build the next generation of Air Force One, providing American Presidents with a flying White House at outstanding value to taxpayers,’ Boeing said in 2018 after ironing out a deal with Trump for the creation of the new fleet. ‘President Trump negotiated a good deal on behalf of the American people.’ 

‘The possible transfer of an aircraft for temporary use as Air Force One is currently under consideration between Qatar’s Ministry of Defense and the U.S. Department of Defense, but the matter remains under review by the respective legal departments, and no decision has been made,’ Qatari embassy official Ali Al-Ansari told ABC News Sunday. 

When not in office as president, Trump has traveled in his private Boeing 757 jet, dubbed Trump Force One. That jet is famously emblazoned with Trump’s last name and was frequently seen in the backdrop of campaign rallies.

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China has agreed to ‘open itself up to American business’ following trade negotiations between Washington, D.C., and Beijing on Saturday, according to President Donald Trump.

The arrangement was arguably the most significant development stemming from the trade negotiations, Trump told reporters Monday at the White House. Plans have yet to be finalized and ‘papered,’ but Trump said that China is on board with the agreement. 

‘The biggest thing to me is the opening up,’ Trump told reporters Monday during an announcement regarding an executive order on drug prices in the U.S. ‘It would be, I think it would be fantastic for our businesses if we could go in and compete and compete with China. It would be a lot of jobs for China.’

‘I think it’s maybe the most important thing to happen, because if you think about it, we opened up our country to China,’ Trump said. ‘They come. We don’t. I mean, they have very few restrictions. and they didn’t open their country to us, never made sense to them. It’s not fair. And they’ve agreed to open China fully open…and I think it’s going to be fantastic.’ 

Treasury Secretary Scott Bessent launched trade negotiations with China in Geneva on Saturday, resulting in a deal that would temporarily ease up on tariffs for 90 days.  

Specifically, the trade deal stipulates that the U.S. will cut down its tariffs against Chinese imports from 145% to 30%. Likewise, China will reduce its tariffs against U.S. imports from 125% to 10%. 

However, tariffs against some Chinese imports will not lighten up, according to Trump. Existing tariffs against cars, steel and aluminum will still remain in place, he said. 

Meanwhile, Bessent signaled that more talks with China would occur in the near future and that both Washington and Beijing would like to continue advancing negotiations. 

‘I would imagine that in the next few weeks, we will be meeting again to get rolling on a more fulsome agreement,’ Bessent said in an interview Monday morning with CNBC. 

Bessent previously warned that the tariffs could cost China up to 10 million jobs, and said that it was up to Beijing whether it would loosen up the tariffs or not.  

‘I think that over time we will see that the Chinese tariffs are unsustainable for China,’ Bessent told reporters at the White House on April 29. ‘I’ve seen some very large numbers over the past few days that show if these numbers stay on, Chinese could lose 10 million jobs very quickly. And even if there is a drop in the tariffs that they could lose five million jobs.’

The deal with China comes days after the U.S. and the U.K. inked a trade deal of their own, which kept existing 10% tariffs in place against U.K. goods but removed some import taxes on items like steel and cars. 

‘With this deal, the U.K. joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade,’ Trump said Thursday. ‘The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol and virtually all of the products produced by our great farmers.’ 

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