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      Markets fall and gold and silver hit new highs after Trump’s latest tariff threat

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      European carmakers among hardest hit with US president’s talk of Greenland-linked trade levies also pushing down the dollarMarkets stay calm amid Trump’s gambit, but long-term risks are hugeCould the EU hit back with its ‘big bazooka’?European stock markets fell on Monday and gold and silver prices hit record highs after Donald Trump threatened to impose additional tariffs on eight European countries in an increasingly aggressive attempt to claim Greenland.France’s Cac fell 1.8%, while Germany’s Dax and Italy’s FTSE MIB were down 1.3%. In the UK, the FTSE 100 fell 0.4%. Continue reading… More

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      The Trump-Kennedy Center is another front in the battle for the soul of America | Charlotte Higgins

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      Under Trump, the world-class centre for performing arts is one of many US cultural institutions changing beyond recognition. Will others buckle?A year ago – just a year ago – the Kennedy Center in Washington DC was a world-class centre for the performing arts. It had a resident opera company, respected artistic teams, and a run of the acclaimed musical Hamilton to look forward to. It had a bipartisan board that upheld the dignity of an organisation that, since it was conceived of in the mid-20th century, had been treated with courtesy and supported by governments of both stripes.How quickly things unravel. Donald Trump inserted himself as chair of the organisation soon after his 20 January inauguration, dispatched the hugely experienced executive director, and installed his unfortunate loyalist Richard Grenell to run it. This former ambassador to Germany might have wished for better things; at any rate, entirely inexperienced in the arts, he seems utterly out of his depth. Things have unravelled. Artists have departed the centre in droves. Hamilton pulled out. So have audiences. In November, Francesca Zambello, the artistic director of the Washington National Opera, told me that ticket sales had tanked for the opera. Analysis by the Washington Post showed it was the same pattern across the centre. Continue reading… More

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      Trump news at a glance: EU weighs up economic sanctions against US after Trump’s tariff threats

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      European leaders meet for crisis talks and are expected to discuss reviving plan to levy tariffs on €93bn of US goods – key US politics stories from Sunday 18 January at a glanceThe EU was weighing up retaliatory tariffs on American goods and even deploying its most serious economic sanctions against the US as European leaders lined up to criticise Donald Trump’s threat to levy new taxes on imports from eight nations who oppose his attempt to annex Greenland – which one minister called “blackmail”.“Tariff threats undermine transatlantic relations and risk a dangerous downward spiral,” the leaders of Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland said in a joint statement. “We are committed to upholding our sovereignty.” Continue reading… More

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      Pentagon readies 1,500 troops for potential Minnesota deployment, officials say

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      US army issues prepare-to-deploy orders amid tension over ICE killing, though it is unclear if units will be sentThe Pentagon has ordered about 1,500 active-duty soldiers in Alaska to prepare for a possible deployment to Minnesota, the site of large protests against the government’s deportation drive, two US officials told Reuters on Sunday.The US army placed the units on prepare-to-deploy orders in case violence in the midwestern state escalates, the officials said, though it is not clear whether any of them will be sent. Continue reading… More

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      Justice department ‘not investigating’ Renee Good killing in contrast to 2020 inquiry on George Floyd death

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      In 2020, Trump DoJ investigated police killing of Floyd in Minneapolis, leading to four officers’ convictionsSix years after the US justice department launched an immediate criminal investigation of the video-recorded killing of George Floyd by a Minneapolis police officer, deputy attorney general Todd Blanche confirmed on Sunday that the department is “not investigating” the fatal 7 January shooting of Renee Good by an Immigration and Customs Enforcement (ICE) agent in the same city.The killing of Good, less than a mile from where Floyd was murdered in May 2020, was recorded on at least five phones, including one held by the ICE agent who shot her, Jonathan Ross. Continue reading… More

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      US reportedly considers granting asylum to Jewish people from UK

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      Trump lawyer Robert Garson told the Telegraph he discussed refuge for those leaving UK over antisemitismDiscussions are reportedly under way within Donald Trump’s administration about the US possibly granting asylum to Jewish people from the UK, according to the Telegraph, citing the US president’s personal lawyer.Trump lawyer Robert Garson told the newspaper that he has held conversations with the US state department about offering refuge to British Jews who are leaving the UK citing rising antisemitism. Continue reading… More

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      Trump exacts revenge on Bill Cassidy by backing possible Republican challenger

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      Trump’s support of Letlow comes after Louisiana senator voted to convict president in second impeachment trialDonald Trump has sought to deliver a staggering blow to the re-election chances of Senator Bill Cassidy – the president’s fellow Republican with whom he has politically feuded – by giving his “complete and total endorsement” to a potential primary opponent.Trump’s endorsement of US House member Julia Letlow as well as his encouragement for her to run for Cassidy’s Senate seat in Louisiana comes after the senator voted to convict Trump in his second impeachment trial during Trump’s first presidency. Continue reading… More

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      If it wasn’t clear before, it is now: Britain needs an escape plan from the Trump world order | Gaby Hinsliff

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      The US president’s trade war for Greenland tells us that the time for fence-sitting or wishful thinking is overOne way or the other, President Trump said, he will have Greenland. Well, at least now we know it’s the other; not an invasion that would have sent young men home to their mothers across Europe in coffins, but instead another trade war, designed to kill off jobs and break Europe’s will. Just our hopes of an economic recovery, then, getting taken out and shot on a whim by our supposedly closest ally, months after Britain signed a trade deal supposed to protect us from such arbitrary punishment beatings. In a sane universe, that would not feel like a climbdown by the White House, yet by comparison with the rhetoric that had Denmark scrambling troops to Greenland last week it is.That said, don’t underestimate the gravity of the moment.Gaby Hinsliff is a Guardian columnist Continue reading… More