Subterms
<!–> [–><!–>President Trump's new tariffs on more than 100 countries used the same simple formula to calculate the rate for each of them.–><!–> –><!–> [–><!–>The formula’s central value is the trade deficit, the difference between imports and exports between each country and the United States, for the year 2024.–><!–> –> <!–> –><!–> [–><!–> –> <!–> […] More
Venezuela announced Saturday that it had reached an agreement with the Trump administration to resume accepting deportation flights carrying migrants who were in the United States illegally, with the first one landing as soon as Sunday.Part of Venezuela’s willingness to accept the flights appeared related to the plight of Venezuelan migrants whom the Trump administration recently sent to notorious prisons in El Salvador with little to no due process. In a statement on Saturday, a representative for the Venezuelan government said: “Migration isn’t a crime, and we will not rest until we achieve the return of all of those in need and rescue our brothers kidnapped in El Salvador.”The White House did not respond to a request for comment Saturday, though one of the president’s close allies, Richard Grenell, said earlier this month that the Venezuelans had agreed to accept the flights.Venezuela’s autocratic leader, Nicolás Maduro, suspended the deportation cooperation after the Trump administration revoked a Biden-era policy that allowed more oil to be produced in Venezuela and exported.Since the suspension of the flights, Mr. Maduro has come under intense pressure from the Trump administration, which has been pressing various Latin American nations to take in more deportees. Secretary of State Marco Rubio said on social media that Venezuela would face new “severe and escalating” sanctions if it refused to accept its repatriated citizens.Venezuelans have crossed the U.S.-Mexico border in record numbers in recent years, in response to the economic and social crisis consuming the nation, which Mr. Maduro blames on U.S. sanctions against his regime.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
The U.S. is seeking access to Ukrainian minerals, which require extensive energy to process. The Zaporizhzhia power plant in southern Ukraine, which Russia controls, could help with that, Kyiv says.After months of worry over the possibility of nuclear accidents at the Zaporizhzhia power plant in Ukraine, the reactors were stopped in 2022 and the plant mainly dropped off as a topic of discussion. Until last weekend.That was when President Trump suddenly said he intended to bring up Ukrainian power plants in his planned call on Tuesday with President Vladimir V. Putin of Russia to discuss cease-fire proposals. While he did not specifically identify the Zaporizhzhia nuclear plant, which has been under Russian control since early in the war, his administration has strongly hinted at it.Why did the plant re-emerge as a topic of discussion?According to a current Ukrainian official and a former one, both of whom have knowledge of talks between the United States and Ukraine, the plant may now be on the table because it is partly tied to negotiations over U.S. access to Ukrainian mineral resources.The possible carrot for the United States: the critical minerals deal with Ukraine that Mr. Trump wants is contingent on extracting and processing those minerals. And that takes a lot of energy, which the six-reactor Zaporizhzhia nuclear plant, Europe’s largest, could provide.Kyiv and Washington have been negotiating for weeks over U.S. access to Ukraine’s untapped deposits of critical minerals, including lithium and titanium, which are crucial for manufacturing modern technologies.Ukraine has told the United States that processing the minerals would be viable only if the Zaporizhzhia plant was back under its control, according to the two Ukrainians, who spoke on condition of anonymity to discuss the talks. The currently serving Ukrainian official said the issue came up again last week during a top-level U.S.-Ukraine meeting in Saudi Arabia to discuss a potential cease-fire.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
Iran’s supreme leader decried “bullying governments” and bristled on Saturday at the idea of negotiating over the country’s nuclear program with the United States in an apparent response to a letter sent by President Trump earlier in the week.Ayatollah Ali Khamenei, the leader, indirectly addressed Mr. Trump’s suggestion that Iran negotiate over its rapidly advancing nuclear program or face potential military action, while speaking at a meeting with government and military officials for Ramadan. Though he did not explicitly mention the letter, Mr. Trump or even the United States by name, it was clear he was speaking about Washington’s recent gesture.“Some bullying governments insist on negotiations not to resolve issues but to impose,” Mr. Khamenei said, according to state media. He added that “negotiation is a path for them to make new demands, it’s not just nuclear issues to speak about the nuclear topic, they are making new demands which will definitely not be accepted by Iran.”Speaking on Friday in the Oval Office, Mr. Trump suggested that Iran’s nuclear capabilities — which now include enough near-bomb-grade fuel to produce about six weapons — were reaching a critical point. He said he had offered the country a chance to negotiate or risk losing its program in a military strike.The White House did not provide any specifics about the content of Mr. Trump’s letter, which the president said he sent on Wednesday.Iranian officials are currently at odds over whether the country should negotiate over the program. While the ayatollah denounced Mr. Trump’s offer, other moderate and reformist leaders have spoken in favor of opening negotiations, including President Masoud Pezeshkian, who took office last year. Ultimately however, Mr. Khamenei, who has long said Iran cannot trust the United States, has the final say.The 2015 nuclear accord negotiated by President Barack Obama had been effective, officials say. Iran had shipped nearly all its nuclear fuel stockpile out of the country, and international inspectors said the Iranians were abiding by the sharp restrictions on new production of nuclear fuel.But Mr. Trump, who had repeatedly criticized the accord, withdrew from the nuclear agreement with Iran during his first term and reimposed heavy economic sanctions on the country, gambling that Tehran would respond by pleading for a new deal more advantageous to the United States.Iran did not come back to the table, and now the program has reached a critical juncture, experts say.Mr. Trump has also potentially undermined his proposal by upending two U.S. programs that for decades have worked to expose Iran’s atomic bomb programs. One program has since been restored, but experts worry the disruptions will hurt the worldwide struggle to contain nuclear proliferation.Farnaz Fassihi More
Russian officials are arguing that American companies stand to make billions of dollars by re-entering Russia. The White House is listening.The Russian government’s top investment manager, who has Harvard and McKinsey credentials and fluent English, brought a simple printout to Tuesday’s talks with the Trump administration in Saudi Arabia.Its message: By pulling out of Russia in outrage over the invasion of Ukraine, American companies had walked away from piles of cold, hard cash.“Losses of U.S. companies by industry,” read the document, which Kirill Dmitriev, the head of Russia’s sovereign wealth fund, showed to a New York Times reporter. “Total losses,” one of the columns said. The sum at the bottom: $324 billion.In appealing to President Trump, the Kremlin has zeroed in on his desire to make a profit. President Vladimir V. Putin said last month that the two leaders “have a lot to talk about” when it comes to energy and the economy. Sergey V. Lavrov, Russia’s foreign minister, said after Tuesday’s meeting that “there was great interest” in the room “in removing artificial barriers to the development of mutually beneficial economic cooperation” — an apparent reference to lifting American sanctions.Remarkably, the Trump administration appears to be engaging with Russia’s message without demanding payment up front. After Ukraine suggested the possibility of natural resource deals to Mr. Trump, his treasury secretary pushed to have the country sign away half its mineral wealth. And Mr. Trump continues to portray American allies as freeloaders, threatening more tariffs and demanding they pay more for their own defense.With Russia, by contrast, the administration seems to be signaling that the one thing Mr. Putin has to do to pave the way for a full reset in Moscow’s relationship with Washington is end the war in Ukraine. Many Europeans and Ukrainians fear Mr. Trump will seek a peace deal on Russia’s terms, especially after the American president suggested on Tuesday that Ukraine was to blame for the Russian invasion.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
Investors seem open to the prospect of peace talks, but Western companies face a dilemma just three years after many retreated from the country.The return of Western businesses would be an enormous lift to President Vladimir Putin of Russia. But would they dare risk it?Pool photo by Mikhail MetzelWe’re taking a look at President Trump’s plans to consolidate control over many of the agencies that oversee business, including the S.E.C., the Federal Trade Commission, the Federal Communications Commission and the National Labor Relations Board.For years, industry has complained about the alphabet soup of agencies, which often compete with one another. Some officials argue that is a feature, not a bug, while others have called for a complete rethinking of the regulatory apparatus in the country. What do you think?Meanwhile, President Trump is expected to speak on Wednesday at the Saudi-hosted FII Priority conference in Miami Beach, the event that’s increasingly a gathering of power players including Ken Griffin of Citadel, Dara Khosrowshahi of Uber and Masa Son of SoftBank. DealBook’s Lauren Hirsch will be reporting on the ground there and we’ll bring you the latest Thursday morning.“Incredible opportunities” Frozen out of potential Russia-Ukraine peace talks, European leaders are either feeling dazed or are fuming. But investors are feeling increasingly optimistic about the prospects of the nearly three-year war ending, especially as President Trump indicates he may meet with President Vladimir Putin of Russia this month.One big question is how corporate leaders feel about U.S. and Russian officials signaling that Russia may reopen to Western businesses. Concerns like the future of Western sanctions on Moscow remain unresolved, while companies may still feel burned by their hasty and costly exodus from the country.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
President Trump signed an executive order on Thursday placing sanctions on the International Criminal Court, saying that his administration would “impose tangible and significant consequences” on people who work on investigations that threaten the national security of the United States and its allies, including Israel.The court faced backlash from the U.S. and Israel in November over its decision to issue arrest warrants for Prime Minister Benjamin Netanyahu of Israel and his former defense minister, Yoav Gallant, accusing them of war crimes and crimes against humanity in the course of its conflict with Hamas in Gaza.Mr. Trump’s order said that the court’s actions against Israel and its preliminary investigations concerning the United States “set a dangerous precedent, directly endangering current and former United States personnel” by exposing them to harassment and the risk of international criminal prosecution.“The I.C.C. has, without a legitimate basis, asserted jurisdiction over and opened preliminary investigations concerning personnel of the United States and certain of its allies, including Israel, and has further abused its power” in issuing the warrants for Mr. Netanyahu and Mr. Gallant, the order said.The order said the sanctions could include the blocking of purchases of property and assets, and barring I.C.C. officials and their immediate family members from entering the United States.Neither the United States nor Israel recognizes the I.C.C.’s jurisdiction, but the court accepted Palestine as a member in 2015, giving it jurisdiction over international crimes that take place in Gaza.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
As Donald J. Trump nominates staunch supporters of Israel to key positions, advocacy groups are taking aim at the departing administration’s policies.The Biden administration this week imposed sanctions on more groups and individuals it accuses of having ties to Israeli settlers inciting violence in the occupied West Bank, a last-ditch show of disapproval of Israelis’ annexation of land there before U.S. policy on the issue most likely swings the other way under the next administration.When President-elect Donald J. Trump returns to the White House next year, he could easily revoke the February executive order authorizing the sanctions or, even, some pro-settlement activists hope, use the order to go after Palestinian organizations instead.Texans for Israel, a Christian Zionist group, and several other settler supporters and organizations this month renewed a challenge to President Biden’s order in federal court, arguing that it was being applied unconstitutionally, targeting Jewish settlers and violating the rights of Americans exercising freedom of religion and speech in support of them.The case highlights the growing international controversy over West Bank settlement amid the war in the Gaza Strip and the great expectations of the settler movement and its supporters of another Trump presidency.Israel seized control of the West Bank from Jordan in a war in 1967, and Israeli civilians have since settled there with both the tacit and the explicit approval of the Israeli government, living under Israeli civil law while their Palestinian neighbors are subject to Israeli military law. Expanding Israel’s hold over the West Bank is a stated goal of many ministers in Prime Minister Benjamin Netanyahu’s far-right government.The international community largely views the Israeli settlements as illegal, and Palestinians have long argued that they are a creeping annexation that turns land needed for any independent Palestinian state into an unmanageable patchwork.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
Some in Iran’s new, more moderate government think the result of the presidential election provides an opportunity to make a lasting deal with the United States.President Donald J. Trump pulled out of the 2015 nuclear pact between Iran and world powers, imposed tough economic sanctions on Iran and ordered the killing of its top general. And Iran, federal prosecutors said on Friday, plotted to assassinate Mr. Trump before November’s election.Yet despite that charged history, many former officials, pundits and newspaper editorials in Iran have openly called for the government to engage with Mr. Trump in the week since his re-election. Shargh, the main reformist daily newspaper, said in a front-page editorial that Iran’s new, more moderate president, Masoud Pezeshkian, must “avoid past mistakes and assume a pragmatic and multidimensional policy.”And many in Mr. Pezeshkian’s government agree, according to five Iranian officials who asked that their names not be published because they were not authorized to discuss government policy. They say Mr. Trump loves to make deals where others have failed, and that his outsize dominance in the Republican Party could give any potential agreement more staying power. That might give an opening for some kind of lasting deal with the United States, they argue.“Do not lose this historic opportunity for change in Iran-U.S. relations,” wrote a prominent politician and former political adviser to Iran’s government, Hamid Aboutalebi, in an open letter to Iran’s president. He advised Mr. Pezeshkian to congratulate Mr. Trump on winning the election and set a new tone for a pragmatic and forward-looking policy.President Masoud Pezeshkian in Tehran in September. Some in Mr. Masoud’s government are calling on him to engage President-elect Donald J. Trump.Arash Khamooshi for The New York TimesStill, critical decisions in Iran are made by the supreme leader, Ayatollah Ali Khamenei, and he banned negotiations with Mr. Trump during his first term. In Iran’s factional politics, even if Mr. Pezeshkian wanted to negotiate with Mr. Trump, he would have to get Mr. Khamenei’s approval.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More
