World
Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.
“I don’t want them to go higher because at a certain point you make it where people don’t buy,” Trump told reporters about tariffs at the White House, Reuters reported.
“So, I may not want to go higher or I may not want to even go up to that level. I may want to go to less because you know you want people to buy and, at a certain point, people aren’t gonna buy.”
Trump’s comments further pointed to a diminished appetite for sharply higher across-the-board tariffs on dozens of countries after markets reacted violently to their introduction on April 2.
The Republican president slapped 10% tariffs on most goods entering the country but delayed the implementation of higher levies, pending negotiations.
Still, he hiked rates on Chinese imports, now totaling 145%, after Beijing retaliated with its own counter-measures. Last week, China said “will not respond” to a “numbers game with tariffs,” its own signal that across-the-board rates would not rise further.
Trump said China had been in touch since the imposition of tariffs and expressed optimism that they could reach a deal.
While the two sides are in touch, sources told Reuters that free-flowing, high-level exchanges of the sorts that would lead to a deal have largely been absent.
Speaking with reporters, Trump repeatedly declined to specify the nature of talks between the countries or whether they directly included Chinese President Xi Jinping.
Trump has repeatedly extended a legal deadline for China-based ByteDance to divest the U.S. assets of the short video app used by 170 million Americans. On Thursday, he said a spin-off deal would likely wait until the trade issue is settled.
“We have a deal for TikTok, but it’ll be subject to China so we’ll just delay the deal ’til this thing works out one way or the other,” Trump said.
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World
US Senate passes Russia sanctions championed by Graham; US House next
In a statement, the Ukrainian embassy in Washington welcomed passage, calling it “a timely and significant step that strengthens pressure on Russia.”
The U.S. Senate easily passed sweeping Russia sanctions legislation on Friday, advancing a long-delayed measure backed by late Senator Lindsey Graham and setting the stage for consideration by the House of Representatives within weeks, Reuters reported.
Graham, a South Carolina Republican who died last month, was among Kyiv’s most outspoken allies in Congress in its four-year-long war with Russia, and the bill aims to increase economic pressure on Moscow over its invasion of Ukraine.
It also includes expanded sanctions on Iran sought by President Donald Trump as lawmakers pushed for a vote on the measure well over a year since it was introduced in 2025.
The Senate’s Republican leaders had not brought the bill up because of resistance from Trump, who had kept decisions on sanctions at the White House, not Congress, since starting his second term in January 2025.
The Senate voted 86-11 to pass the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” to sanction Russian officials and authorize stiff tariffs on China, India and other countries to reduce their dependence on Russian oil and gas.
In a statement, the Ukrainian embassy in Washington welcomed passage, calling it “a timely and significant step that strengthens pressure on Russia.”
However, broad support may not be enough to secure House passage, with some lawmakers and industries wary that new tariff powers for Trump could raise costs for U.S. importers and consumers while exposing Republicans to political blowback.
Representatives Gregory Meeks of New York and Don Beyer of Virginia said in a statement they still had “fundamental concerns” about the tariff powers for Trump, who has made them a central piece of his “America First” approach to foreign policy, read the report.
“What the bill does grant … are sweeping new tariff authorities that the president could weaponize with abandon, as he has repeatedly done in the past,” said Meeks, the top Democrat on the House Foreign Affairs Committee, and Beyer, the senior Democrat on the Joint Economic Committee.
Trump’s fellow Republicans control only slim majorities in both the House and Senate.
Only one Senate Republican, Rand Paul of Kentucky, voted against the bill, likening tariffs to taxes on American consumers.
The chamber erupted into applause after Graham’s sister, Darline Graham, who was appointed to fill his seat, read out the final tally.
The Senate rejected an amendment sponsored by Paul and Democratic Senator Ron Wyden of Oregon that would have removed the tariff powers.
Democratic Senator Raphael Warnock of Georgia, who also sought to change the tariff language, said he had received a written commitment from Trump’s U.S. trade representative, Jamieson Greer, to put guardrails on the tariff authorities, Reuters reported.
If it is approved by the House and signed into law by Trump, the measure would allow the president to impose tariffs of up to 100% on countries that are major consumers of Russian energy, including India, Japan and some countries in the European Union, and leave it to his discretion to lift them.
The legislation’s backers insist that the tariffs are narrow enough that they would do their intended job of reducing Russian energy revenue that funds its war on Ukraine without negative consequences.
Supporters called the legislation the best opportunity to support Ukraine, and the strong bipartisan Senate vote provided momentum for it to pass the House after it returns from its summer recess on August 31.
Graham had announced shortly before his sudden death on July 11 that he and Trump agreed finally to move forward with the legislation.
The legislation lets the president impose targeted tariffs on imported goods from countries that buy the vast majority of Russian oil or gas and enable Russia’s evasion of sanctions.
The bill limits these tariffs to the five largest importers of Russian crude oil or gas and the top five countries that aid Russia’s energy sanctions evasion. The measure includes a provision to prevent a lapse in sanctions authority that restricts funding for Iranian energy and weapons.
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World2 days agoUS Senate passes Russia sanctions championed by Graham; US House next
