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Trump to charge tariffs of up to 50% on ‘worst offenders’ globally

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President Donald Trump has unveiled plans for sweeping new import taxes on all goods entering the US, in a watershed moment for global trade.

The plan sets a baseline tariff on all imports of at least 10%, consistent with a proposal Trump made on the campaign last year.

Items from countries that the White House described as the “worst offenders”, including the European Union, China, Vietnam and Lesotho, would face far higher rates for what Trump said was payback for unfair trade policies.

Trump’s move breaks with decades of American policy embracing free trade, and analysts said it was likely to lead to higher prices in the US and slower growth in the US and around the world.

The White House said officials would start charging the 10% tariffs on 5 April, with the higher duties starting on 9 April.

“It’s our declaration of economic independence,” Trump said in the White House Rose Garden against a backdrop of US flags.

The Republican president said the US had for years been “looted, pillaged, raped and plundered by nations near and far, both friend and foe alike”.

“Today we are standing up for the American worker and we are finally putting America first,” he said, calling it “one of the most important days, in my opinion, in American history.”

On the campaign trail last year, Trump called for new tariffs that he said would raise money for the government and boost manufacturing, promising a new age of American prosperity.

He has spent weeks previewing Wednesday’s announcement, which follows other orders raising tariffs on imports from China, foreign cars, steel and aluminium and some goods from Mexico and Canada.

The White House said the latest changes would not apply to Mexico and Canada, two of America’s closest trading partners.

Goods from the UK are set to face a new 10% tariff, while import taxes on items from the European Union would go to 20%.

The charge for goods imported from China will be 34%, while it will be 24% for Japan, and 26% on India.

Some of the highest rates will be levied on smaller countries, with goods from the southern African nation of Lesotho facing 50%, while Vietnam and Cambodia will be hit with 46% and 49% respectively.

The latter two have both seen a rush of investment in recent years, as firms shifted supply chains away from China following Trump’s first term.

Together the moves will bring effective tariff rates in the US to levels not seen in decades.

Trump also confirmed that a 25% tax on imports of all foreign-made cars, which he announced last week, would begin from midnight.

[BBC]



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Former first lady Shiranthi Rajapaksa arrested by CIABOC

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Former first lady Shiranthi Rajapaksa, wife of former President Mahinda Rajapaksa was  produced before the Hulftsdorp court, after  being  arrested by officers of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and produce

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Smriti Mandhana appointed India captain across formats

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Smriti Mandhana looks on in the field [Cricinfo]

Smriti Mandhana has been named India’s all-format women’s captain on the same day Harmanpreet Kaur stepped down from the role after nearly a decade since she first took over.

Mandhana – vice-captain to Harmanpreet for much of this period – has previously led India in four ODIs and 18 T20Is, apart from captaining Maharashtra in domestic cricket and Royal Challengers Bengaluru in the Women’s Premier League.

Mandhana’s first assignment will be the limited-overs series against Zimbabwe beginning with the three T20Is in Raipur from October 16. On Tuesday, Mandhana was part of the selection meeting chaired by Amita Sharma to pick the squad for the tour.

Terming the appointment a “special honour”, Mandhana also acknowledged the contributions of her predecessor in her welcome note.

“I would also like to acknowledge Harmanpreet and the contribution she has made as captain over the years,” she was quoted as saying by the BCCI. “She has led the team with great commitment and has been an important part of our journey.

“I understand the responsibility that comes with this role and look forward to working with the team, learning along the way and giving my best to take Indian cricket forward.”

Mandhana’s appointment comes on the back of a review meeting held on Monday in Guwahati. Chaired by secretary Devajit Saikia, the meeting was also attended by Mandhana, Harmanpreet and head coach Amol Muzumdar to chart a roadmap forward, with an eye on next year’s inaugural Women’s Champions Trophy in February as well as the T20 World Cup and Los Angeles Olympics in 2028.

Mandhana, India’s best all-format batter, has been knocking on the doors for a while. Earlier this year, she led RCB to their second WPL title, in which she also top-scored in the final.

In September, she overtook Mithali Raj to become the leading run-scorer in women’s international across formats. Her 18 international hundreds are also the most in women’s cricket. She is also the first Indian woman to score centuries in all formats.

[Cricinfo]

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Ronaldo apologizes for Portugal walkout; says Jesus broke promise

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Cristiano Ronaldo is Portugal's leading scorer (Aljazeera)

Cristiano Ronaldo has accused Portugal ‌coach Jorge Jesus of twice breaking his word, saying a failed agreement to publicly ⁠explain his omission ⁠against Norway drove him out of the camp, but insisting he remained available after any punishment.

In a lengthy statement, the 41-year-old gave his account of the dispute ⁠that prompted his departure  from Copenhagen before Portugal’s Nations League match versus Denmark last week.

Ronaldo said Jesus had agreed a plan under which the forward would miss the Norway and Denmark ⁠matches to manage his fitness. However, on the day of the Norway game, the coach told him he would play for 30 minutes.

“Everyone knows the rest. I warmed up from halftime onwards, watched the minutes tick by and wasn’t called on,” Ronaldo said.

“The manager had broken his word to me.”

Portugal’s ‌captain and all-time leading scorer said a subsequent meeting with Jesus, attended by his club side Al Nassr’s sporting director Simao Coutinho, produced an agreement for the coach to clarify events at his next news conference.

According to Ronaldo, an eight-point document was prepared saying he had never demanded playing time, had respected Jesus’s decisions and that the coach asking him to warm up without bringing him on had been a mistake.

Ronaldo said the agreed notes did ⁠not require Jesus to apologise to him but said the coach’s ⁠public remarks bore no resemblance to their private discussion.

“It was the second time he had broken his word to me,” Ronaldo said. “I decided to leave the training camp without waiting for any further broken promises.”

The statement provided Ronaldo’s account⁠, but on Sunday, after Portugal’s win over Norway, Jesus denied he had made any agreement with the player, nevertheless leaving the door open  ⁠for his return.

The Portuguese Football Federation (FPF) did not immediately respond ⁠to a request for comment about Ronaldo’s statement.

Ronaldo apologised for failing to greet supporters after the Norway match and for leaving his teammates,  accepting that his captaincy made his conduct more serious.

“The consequences of my actions must be assessed ‌and punished by the Portuguese Football Federation,” he said.

Despite the rupture, Ronaldo said he was not limiting his international ambitions to a farewell appearance.

“If I’m physically fit, playing for my club – scoring ‌goals, ‌I hope – after serving whatever suspension is imposed on me, I’ll be available, as I’ve always been until now, to compete and win for our national team,” he added.

(Aljazeera)

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