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Trump threatens more tariffs after China restricts key exports

0 CommentsPolitics

WASHINGTON (AP) — President Donald Trump said Friday that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea and threatened additional tariffs after China restricted exports of rare earths needed for American industry. The Republican president suggested that he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. It’s possible that could amount to either posturing by the United States for eventual negotiations or a retaliatory step that could foster new fears about the stability of the global economy.…

My cultural awakening: ‘Kate Bush helped me come out as a trans woman’ | Kate Bush

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It wasn’t safe for me to discover The Sensual World, the eponymous track on what Kate Bush described as her “most female album”. The song was intended to be a rejection of the masculine influence that had unwittingly shaped the artist’s previous work, and an ode to something taboo within the female experience. Based on Molly Bloom’s soliloquy in James Joyce’s Ulysses – a stream of consciousness in which the character reflects on her experiences of nature, sex and love – Bush wanted to celebrate the experience of life inside a woman’s body, and the ways it gives her spiritual and…

Trump fires back at China’s rare earth mineral restrictions by threatening 100% tariffs

0 CommentsTechnology

President Donald Trump declared Friday that he will impose a 100% tariff on all imports from China, while also imposing export controls on “any and all critical software” from the United States. This is the latest move in what looks like an escalating trade conflict between the United States and China. In a Truth Social post announcing the tariffs, Trump also said this new tariff would be “over and above” any tariffs already imposed on Chinese imports. (CNBC reports that while U.S. tariffs on Chinese imports vary depending on the goods, the base tariff rate is already 40%.) Earlier this…

Tiger Woods: 15-time major winner has further back surgery

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Tiger Woods has had disc replacement surgery in the latest setback to stall his return to the PGA Tour.The 15-time major champion has been sidelined since missing the cut at The Open in July 2024 and took to social media to announce the news."After experiencing pain and lack of mobility in my back, I consulted with doctors and surgeons to have tests taken," Woods said in a statement."I opted to have my disc replaced yesterday, and I already know I made a good decision for my health and my back."Woods, 49, said that the surgery, performed by Dr Sheeraz Qureshi,…

National Savings Day Reminds Us To Save Smarter—Here’s Where You Can Earn the Most

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Key Takeaways As National Savings Day on Sunday, Oct. 12, spotlights the value of saving, you can still earn strong returns on cash despite last month's Fed rate cut. The top high-yield savings and money market accounts continue to offer up to 5.00%, while the best CD rate stands at 4.45%. The best brokerage and robo-advisor cash accounts currently pay up to 4.05%, while U.S. Treasuries yield as much as 4.63% today. Our tables below compare today’s top rates across banks, credit unions, brokers, robo-advisors, and Treasuries. The full article continues below these offers from our partners. Cash Yields Reach…

China’s New Rare Earth and Magnet Restrictions Threaten U.S. Defense Supply Chains

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In advance of President Donald Trump’s upcoming visit to South Korea later this month—where he is expected to meet Chinese President Xi Jinping for the first time since 2019—China announced that it has expanded its restrictions on rare earth and permanent magnet exports. The Chinese Ministry of Commerce’s Announcement No. 61 of 2025 implements the strictest rare earth and permanent magnet export controls to date. The move both strengthens Beijing’s leverage in upcoming talks while also undercutting U.S. efforts to bolster its industrial base.Q1: What is new about today’s rare earth and permanent magnet export restrictions?A1: The new export controls…

Trump directs Pentagon to use ‘all available funds’ to pay troops despite shutdown

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WASHINGTON (AP) — President Donald Trump said Saturday that he has directed the Defense Department to use “all available funds” to ensure U.S. troops are paid Wednesday despite the government shutdown, a short-term fix that will not apply to the hundreds of thousands of federal workers who have been furloughed. Trump said in a social media post that he was acting because “our Brave Troops will miss the paychecks they are rightfully due on October 15th.” The Republican president’s directive removes one of the pressure points that could have forced Congress into action, likely ensuring that the shutdown — now in its 11th…

Triple Trouble: Fairey, Hirst, Invader review – the most revolting visual soup imaginable | Art

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You’ve heard of the best of both worlds, well get ready for the worst of three. Down in Vauxhall in London, three artists have mashed themselves together to create the most revolting visual soup imaginable, an exhibition that isn’t so much the sum of its parts as a total negation of anything good any of them has ever done.Whatever qualities YBA kingpin Damien Hirst and street artists Shepard Fairey and Invader might have, none of them are on display in this staggeringly vast exhibition – it just goes on and on, huge room after huge room filled with aesthetic crap.Triple…

Prince Harry and Meghan call out the harmful effects of social media on today’s youth

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The guests sipped prosecco and chattered away while dessert was served at the third annual Project Health Minds Gala on Thursday night in New York. The evening was winding down, but there was still one big award to give out: Humanitarian of the Year, which this year would be honoring Prince Harry and Meghan, the Duke and Duchess of Sussex, for creating The Parents Network through their nonprofit Archewell Foundation. The Parents Network supports families who have been harmed by social media. Earlier this year, it hosted an event where the faces of young children were shown on giant smartphone screens; the children had lost their lives in ways their parents believe social media…

David Allen v Arslanbek Makhmudov: Defeat in Sheffield for Doncaster boxer

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British heavyweight David Allen's fairytale headline show ended in a unanimous points defeat to Russian Arslanbek Makhmudov at a raucous Sheffield Arena.Judges scored the fight 115-111, 117-109 and 116-10 in favour of Makhmudov.Allen, 33, had previously fought at the venue five times, but this was his first time as a headliner and a 9,000-strong crowd came out to support their South Yorkshire hero, who quit boxing five years ago and planned a quiet life.He returned to the sport with titles on his mind, and for big nights like this."I've never, ever seen anything like it," Allen said after the fight.…