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Trump seeks trade deal with Xi during Asia trip

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U.S. President Donald Trump will test his deal-making capabilities on a trip to Asia, a region battered by his hardball trade policies, while doubts hang over his highly anticipated meeting with China’s Xi Jinping.

Trump, who left Washington on Friday night, is set for a five-day trip to Malaysia, Japan and South Korea, his first to the region and longest journey abroad since taking office in January, Reuters reported.

The Republican leader hopes to pile up trade, critical mineral and ceasefire deals before turning to the toughest challenge, a face-to-face with Xi on Thursday in South Korea.

Trump is also working to maintain the signature foreign policy achievement of his second term, a fragile ceasefire he helped to strike in the Israel-Gaza conflict, while the Russian war in Ukraine rages and a trade war with China shows little sign of ending.

US AND CHINA TRADE THREATS ON KEY MINERALS, TECHNOLOGY

Washington and Beijing have hiked tariffs on each other’s exports and threatened to cut off trade in critical minerals and technologies altogether.

The trip was formally announced by the White House on Thursday. Details remain in flux, including the meeting between leaders of the world’s two largest economies.

Neither side expects a breakthrough that would restore terms of trade that existed before Trump’s second-term inauguration in January, according to a person familiar with the conversations. Instead, talks between the two sides to prepare for the meeting focused on managing disagreements and modest improvements.

An interim agreement could include limited relief on tariffs, an extension of current rates, or China committing to buy U.S.-made soybeans and Boeing airplanes. Beijing reneged on similar promises in a 2020 deal with Trump.

Washington could let more high-end computer chips flow to Beijing, which in turn could loosen controls on rare earth magnets that have angered Trump.

Or, nothing could come of the talks at all.

On Wednesday, U.S. Treasury Secretary Scott Bessent said the Trump-Xi talk would be a “pull-aside,” suggesting nothing formal. Trump later told reporters the two would have “a pretty long meeting,” allowing them to “work out a lot of our questions and our doubts and our tremendous assets together.”

China has not confirmed a meeting is planned.

TRUMP SET TO VISIT THREE COUNTRIES, MEET WORLD LEADERS

Mira Rapp-Hooper, a visiting fellow at the Brookings Institution and former Biden administration official, said Trump’s Asia policy has been defined by intense pressure on countries’ trade policies and defense spending.

“The high-level question on this trip is really, who does the United States stand with, and what does it stand for,” she said.

Trump is expected at the Association of Southeast Asian Nations summit, which starts Sunday in Kuala Lumpur, Malaysia.

There, he could oversee the signing of a ceasefire deal between Thailand and Cambodia. The deal would formalize an agreement that ended the worst fighting in years between the two countries in July, though it falls short of a comprehensive peace deal. During his second term in office, Trump has branded himself as a global peacemaker.

After that stop, Trump will head to Japan to meet Sanae Takaichi, the newly elected prime minister. Takaichi is expected to affirm plans by her predecessor to hike military spending and to make $550 billion in Trump-directed investments in the U.S.

Then, in Busan, South Korea, Trump plans to meet Xi ahead of an international trade summit. Trump is set to return to Washington before the Asia-Pacific Economic Cooperation leaders’ forum gets under way, according to the schedule announced by the White House on Thursday.

Trump has threatened to raise tariffs on Chinese imports to a total of some 155% from November 1 if they cannot strike a deal. That would almost certainly provoke a reaction from Beijing and end a truce that paused tit-for-tat hikes.

Beyond trade, the two leaders are expected to discuss Taiwan, a long-running U.S.-China irritant, and Russia, a Chinese ally now subject to expanded U.S. sanctions over the war in Ukraine.

“There’s no intent from the U.S. side to discuss other issues,” aside from China’s trade, export controls and its purchases of Russian oil, according to a U.S. official, who said Trump would be prepared to reiterate previous responses if Xi raised other topics.

Before departing the White House on Friday for the trip, Trump told reporters he expected the Taiwan issue to be raised during his talks with Xi.

Trump also said he will likely raise the issue of releasing Jimmy Lai, the founder of the now-defunct pro-democracy newspaper Apple Daily. Lai is serving a prison sentence in Hong Kong under Beijing-imposed national security laws.

“It’s on my list. I’m going to ask … We’ll see what happens,” Trump told reporters.

DEAL OR NO DEAL

It was not clear if Trump would try to resume trade negotiations with Canadian Prime Minister Mark Carney, who is also traveling in Asia, after abruptly cutting off talks. The two “will likely see each other” on Wednesday at a dinner with other leaders, another official said.

Trump is also trying to close trade deals with Malaysia and India, while shoring up a deal that has already been struck with South Korea.

U.S. and South Korean relations have been strained by Seoul’s concerns over the $350 billion investment in U.S. companies sought by Trump and deportations of the country’s foreign workers.

South Korean President Lee Jae Myung wants Trump to pursue peace with North Korea’s Kim Jong Un. U.S. officials considered, but never confirmed, a trip to the demilitarized zone (DMZ) separating the two Koreas, according to another person familiar with the discussions. Another U.S. official said on Friday that no Kim-Trump meeting was on the schedule for the trip.

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Hamas quietly reasserts control in Gaza as post-war talks grind on

A new Gaza government can be formed once the United Nations approves Trump’s plan, the spokesperson said, adding that progress has been made towards forming the multinational force.

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From regulating the price of chicken to levying fees on cigarettes, Hamas is seeking to widen control over Gaza as U.S. plans for its future slowly take shape, Gazans say, adding to rivals’ doubts over whether it will cede authority as promised, Reuters reported.

After a ceasefire began last month, Hamas swiftly reestablished its hold over areas from which Israel withdrew, killing dozens of Palestinians it accused of collaborating with Israel, theft or other crimes. Foreign powers demand the group disarm and leave government but have yet to agree who will replace them.

Now, a dozen Gazans say they are increasingly feeling Hamas control in other ways. Authorities monitor everything coming into areas of Gaza held by Hamas, levying fees on some privately imported goods including fuel as well as cigarettes and fining merchants seen to be overcharging for goods, according to 10 of the Gazans, three of them merchants with direct knowledge.

Ismail Al-Thawabta, head of the media office of the Hamas government, said accounts of Hamas taxing cigarettes and fuel were inaccurate, denying the government was raising any taxes.

The authorities were only carrying out urgent humanitarian and administrative tasks whilst making “strenuous efforts” to control prices, Thawabta said. He reiterated Hamas’ readiness to hand over to a new technocratic administration, saying it aimed to avoid chaos in Gaza: “Our goal is for the transition to proceed smoothly”.

Hatem Abu Dalal, owner of a Gaza mall, said prices were high because not enough goods were coming into Gaza. Government representatives were trying to bring order to the economy – touring around, checking goods and setting prices, he said.

Mohammed Khalifa, shopping in central Gaza’s Nuseirat area, said prices were constantly changing despite attempts to regulate them. “It’s like a stock exchange,” he said.

“The prices are high. There’s no income, circumstances are difficult, life is hard, and winter is coming,” he said.

U.S. President Donald Trump’s Gaza plan secured a ceasefire on October 10 and the release of the last living hostages seized during the Hamas-led October 7, 2023 attacks on Israel.

The plan calls for the establishment of a transitional authority, the deployment of a multinational security force, Hamas’ disarmament, and the start of reconstruction.

But Reuters, citing multiple sources, reported this week that Gaza’s de facto partition appeared increasingly likely, with Israeli forces still deployed in more than half the territory and efforts to advance the plan faltering.

Nearly all of Gaza’s 2 million people live in areas controlled by Hamas, which seized control of the territory from President Mahmoud Abbas’ Palestinian Authority (PA) and his Fatah Movement in 2007.

Ghaith al-Omari, a senior fellow at the Washington Institute think-tank, said Hamas’ actions aimed to show Gazans and foreign powers alike that it cannot be bypassed.

“The longer that the international community waits, the more entrenched Hamas becomes,” Omari said.

Asked for comment on Gazans’ accounts of Hamas levying fees on some goods, among other reported activities, a U.S. State Department spokesperson said: “This is why Hamas cannot and will not govern in Gaza”.

A new Gaza government can be formed once the United Nations approves Trump’s plan, the spokesperson said, adding that progress has been made towards forming the multinational force, Reuters reported.

The PA is pressing for a say in Gaza’s new government, though Israel rejects the idea of it running Gaza again. Fatah and Hamas are at odds over how the new governing body should be formed.

Munther al-Hayek, a Fatah spokesperson in Gaza, said Hamas actions “give a clear indication that Hamas wants to continue to govern”.

In the areas held by Israel, small Palestinian groups that oppose Hamas have a foothold, a lingering challenge to it.

Gazans continue to endure dire conditions, though more aid has entered since the ceasefire.

A senior Gazan food importer said Hamas hadn’t returned to a full taxation policy, but they “see and record everything”.

They monitor everything that enters, with checkpoints along routes, and stop trucks and question drivers, he said, declining to be identified. Price manipulators are fined, which helps reduce some prices, but they are still much higher than before the war began and people complain they have no money.

Hamas’ Gaza government employed up to 50,000 people, including policemen, before the war. Thawabta said that thousands of them were killed, and those remaining were ready to continue working under a new administration.

Hamas authorities continued paying them salaries during the war, though it cut the highest, standardizing wages to 1,500 shekels ($470) a month, Hamas sources and economists familiar with the matter said. It is believed that Hamas drew on stockpiled cash to pay the wages, a diplomat said.

The Hamas government replaced four regional governors who were killed, sources close to Hamas said. A Hamas official said the group also replaced 11 members of its Gaza politburo who died.

Gaza City activist and commentator Mustafa Ibrahim said Hamas was exploiting delays in the Trump plan “to bolster its rule”. “Will it be allowed to continue doing so? I think it will continue until an alternative government is in place,” he said.

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Trump says he is considering F-35 fighter jet deal with Saudis

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U.S. President Donald Trump said on Friday that he is considering agreeing to a deal to supply Saudi Arabia with F-35 stealth fighter jets, which are made by Lockheed Martin.

“They wanna buy a lot of jets,” Trump told reporters aboard Air Force One, Reuters reported.

“I’m looking at that. They’ve asked me to look at it. They want to buy a lot of ’35’ – but they want to buy actually more than that, fighter jets.”

The potential sale comes as Trump plans to host Saudi Crown Prince Mohammed bin Salman at the White House next week, when they are expected to sign economic and defense agreements.

Asked about the talks, Trump told reporters it was “more than meeting, we’re honoring” Saudi Arabia.

He repeated that he hoped Saudi would soon join the Abraham Accords, which have normalized relations between Israel and Muslim-majority nations. Riyadh has resisted such a step absent agreement on a roadmap to Palestinian statehood.

A Pentagon intelligence report has raised concerns over the potential F-35 deal, warning that China could acquire the aircraft’s technology if the sale proceeds, the New York Times reported on Thursday, citing people familiar with the assessment.

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BBC apologises to Trump over speech edit but rejects defamation claim

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The British Broadcasting Corporation sent a personal apology to U.S. President Donald Trump on Thursday but said there was no legal basis for him to sue the public broadcaster over a documentary his lawyers called defamatory.

The documentary, which aired on the BBC’s “Panorama” news programme just before the U.S. presidential election in 2024, spliced together three parts of Trump’s speech on January 6, 2021, when his supporters stormed the Capitol. The edit created the impression he had called for violence, Reuters reported.

“While the BBC sincerely regrets the manner in which the video clip was edited, we strongly disagree there is a basis for a defamation claim,” the broadcaster said in a statement.

Lawyers for the U.S. president threatened on Sunday to sue the BBC for damages of up to $1 billion unless it withdrew the documentary, apologised to the president and compensated him for “financial and reputational harm.”

By asserting that Trump’s defamation case lacks merit, the BBC effectively signaled that it believes his claim for financial damages is equally untenable. But the broadcaster did not directly address Trump’s financial demand.

In its statement, the BBC said Chair Samir Shah on Thursday “sent a personal letter to the White House making clear that he and the corporation were sorry for the edit.” Shah earlier in the week apologised to a British parliamentary oversight committee and said the edit was “an error of judgement.”

In the Thursday statement, the BBC added that it has no plans to rebroadcast the documentary on any of its platforms.

Earlier on Thursday, the BBC said it was looking into fresh allegations, published in The Telegraph newspaper, over the editing by another of its programmes, “Newsnight,” of the same speech.

The BBC has been thrown into its biggest crisis in decades after two senior executives resigned amid allegations of bias, including about the edit of Trump’s speech. The claims came to light because of a leaked report by a BBC standards official.

Founded in 1922 and funded largely by a licence fee paid by TV-watching Britons, the BBC is without a permanent leader as the government weighs how it should be funded in the future.

It is a vital instrument of Britain’s “soft power” globally, and Prime Minister Keir Starmer said he believed in a “strong and independent” BBC on Wednesday.

 

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