151266 comments

• Comment Link Domenica, 27 Aprile 2025 08:02 posted by MichaelRoaky

  How Trump changed his mind on tariffs
  
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  Peter Nicholas, Garrett Haake and Carol E. Lee
  Reporting from Washington
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  “Liberation Day” gave way to Capitulation Day last night.
  
  President Donald Trump pulled back yesterday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
  
  Image: President Donald Trump
  Saul Loeb / AFP - Getty Images
  Trump’s early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
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  The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who’ve been sinking their savings into 401(k)s to rethink their retirement plans.
  
  Read the full story here.
  
  32m ago / 12:55 PM GMT+3
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  China's foreign ministry calls the U.S. a '21st century barbarian'
  
  Peter Guo
  
  Reporting from Hong Kong
  
  China's public language on its trade war with the U.S. has become increasingly bellicose and took a new turn today when Beijing's foreign ministry said the Trump administration's tariffs have made the U.S. a “barbarian of the 21st century.”
  
  Trump’s tariffs will “never America great again” ministry of foreign affairs spokesperson Huang Jingrui, wrote in an open letter today in Hong Kong’s newspaper South China Morning Post.
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  “A tariff-wielding barbarian who attempts to force countries to call and beg for mercy can never expect that call from China,” Huang said, adding that the U.S. is “obsessed with the art of bullying and blackmailing the entire world.”
  
  47m ago / 12:40 PM GMT+3
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  EU welcomes 90-day tariff pause
  
  Peter Guo
  
  The EU President Ursula von der Leyen said today that the region welcomes Trump’s announcement to pause tariffs for 90 days.
  
  Von der Leyen said the EU remains “committed to constructive negotiations” with the U.S., according to a statement from her office.
  
  Meanwhile, Europe continues to focus on diversifying their trade partnerships, engaging with countries that account for 87% of global trade, she said.
  
  Trump’s tariffs have shown that the European internal market is the region’s “anchor of stability and resilience” in times of uncertainty, von der Leyen added.
  
  1h ago / 12:27 PM GMT+3
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  Trade war with China 'to spark a wave of smuggling'
  
  Peter Guo
  
  Reporting from Hong Kong
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  Irregular trade including smuggling will most likely rise amid the U.S.' and China's tit-for-tat tariffs, an economist warns.
  
  The cost of tariffs has become “prohibitive to almost every company,” Tianchen Xu, senior economist at Economist Intelligence Unit.
  
  “As a result, trade flows in both directions will tumble, and irregular trade will proliferate, including smuggling, transshipment and systemic under-reporting of trade value during customs clearance,” Xu said in a note.
  
  Xu said trade negotiations and a partial de-escalation in the ongoing trade war may ensue in the coming months, but those tensions are likely to worsen in the short term between the world’s two largest economies.
  
  1h ago / 12:09 PM GMT+3
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  California plant business owner says costs will double with tariffs
  
  Gadi Schwartz and Phil Helsel
  The owner of a California home decor and plant shop said that even in dealing locally, the sourcing of goods from China is impossible to avoid.
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• Comment Link Domenica, 27 Aprile 2025 07:22 posted by Stevepoolf

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• Comment Link Domenica, 27 Aprile 2025 03:58 posted by JasonVok

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  For getting around during winter, the Inuit here nowadays prefer snowmobiles, although they still keep their sled dogs. During winter they’ll offer intrepid visitors, wrapped up warm against the deep-freeze temperatures, dog-sledding jaunts. These can last either an hour or be part of expeditions over several days, sometimes with the added experience of learning how to build an igloo. Sisimiut on the west coast and Tasilaq in the southeast are active winter centers for dog sledding.
  
  Winter’s most stellar attraction, though, is northern lights watching. With little urban light pollution, Greenland is a dark canvas for spectacular displays, and aurora borealis-watching vacations are becoming more popular.
  
  Staying outdoors, Greenland is developing a reputation among adventure enthusiasts: from long-distance skiing expeditions and heliskiing on the icecap to hiking the 100-mile-long Arctic Circle Trail from Kangerslussuaq, where firearms need to be carried for warning shots in case of polar bear encounters.
  
  Life is definitely changing here. The climate crisis is eating away at its icecap and Greenland may well end up as a pawn in a game of geopolitical chess. But for now, the bright glare of international attention should shine a favorable light on one of the wildest travel destinations on Earth.
  
  Travel writer Mark Stratton is an Arctic specialist who has traveled to Greenland six times and counting. He’s marveled at the aurora borealis, sailed to Disko Island, dog-sledded with the Inuit, and once got stuck in an icefloe.
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