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      Episcopal church says it won’t help resettle white South Africans granted refugee status

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      The Episcopal church’s migration service is refusing a directive from the federal government to help resettle white South Africans granted refugee status, citing the church’s longstanding “commitment to racial justice and reconciliation”.Presiding bishop Sean Rowe announced the step on Monday, shortly before 59 South Africans arrived at Dulles international airport outside Washington DC on a private charter plane and were greeted by a government delegation.Episcopal Migration Ministries instead will halt its decades-long partnership with the government, Rowe said.Donald Trump opened a fast-tracked refugee status to white South Africans, accusing their government of discrimination, even as his administration abruptly shut down the overall US refugee program. The South Africans jumped ahead of thousands of would-be refugees overseas who had been undergoing years of vetting and processing.Episcopal Migration Ministries has long resettled refugees under federal grants. Rowe said that about two weeks ago, the government contacted it and said it expected the ministry to resettle some of the South Africans under terms of its grant.“In light of our church’s steadfast commitment to racial justice and reconciliation and our historic ties with the Anglican Church of Southern Africa, we are not able to take this step,” Rowe said. “Accordingly, we have determined that, by the end of the federal fiscal year, we will conclude our refugee resettlement grant agreements with the US federal government.”South Africa’s government has vehemently denied allegations of discriminatory treatment of its white minority residents.“It has been painful to watch one group of refugees, selected in a highly unusual manner, receive preferential treatment over many others who have been waiting in refugee camps or dangerous conditions for years,” Rowe said. “I am saddened and ashamed that many of the refugees who are being denied entrance to the United States are brave people who worked alongside our military in Iraq and Afghanistan and now face danger at home because of their service to our country.”He also said many refugees, including Christians, are victims of religious persecution and are now denied entry.He said the church would find other ways to serve immigrants, such as those already in this country and those stranded overseas.The move marks the end of a ministry-government partnership that, for nearly four decades, has served nearly 110,000 refugees from countries, including Ukraine, Myanmar and Congo, Rowe said.It’s not the first high-profile friction between the Episcopal church and the Trump administration. Bishop Mariann Budde of Washington DC drew Trump’s anger in January at an inaugural prayer service in which she urged “mercy” on those fearing his actions, including migrants and LGBTQ+ children.The Anglican church of Southern Africa includes churches in South Africa and neighboring countries. It was a potent force in the campaign against apartheid in the 1980s and 1990s, an effort for which the late archbishop Desmond Tutu received the Nobel peace prize in 1984.Another faith-based refugee agency, Church World Service, says it is open to serving the South African arrivals.“We are concerned that the U.S. Government has chosen to fast-track the admission of Afrikaners, while actively fighting court orders to provide life-saving resettlement to other refugee populations who are in desperate need of resettlement,” Rick Santos, CWS president and CEO, said in a statement.He added that the action proves the government knows how to screen and process refugees quickly.“Despite the Administration’s actions, CWS remains committed to serving all eligible refugee populations seeking safety in the United States, including Afrikaners who are eligible for services,” he said. “Our faith compels us to serve each person in our care with dignity and compassion.”The Episcopal ministry and CWS are among 10 national groups, most of them faith-based, that have partnered with the government for refugee resettlement. More

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      Biden destroyed Harris bid by staying in race too long, top adviser says in book

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      Joe Biden “totally fucked us” by leaving it too late to drop out of the 2024 US presidential election, a former top campaign aide to Kamala Harris has told the authors of a new book.David Plouffe, who was manager of Barack Obama’s winning 2008 campaign and a senior adviser in his White House, was drafted in to help Harris’s bid for president after the declining Biden withdrew from the race last summer.Harris’s 107-day sprint against Donald Trump was “a fucking nightmare”, Plouffe is quoted as saying by authors Jake Tapper and Alex Thompson in Original Sin: President Biden’s Decline, Its Cover-up, and His Disastrous Choice to Run Again. A copy was obtained by the Guardian.“And it’s all Biden,” Plouffe adds, reflecting on the former US president’s decisions to run for re-election and then to cling on for more than three weeks after a catastrophic debate performance against Trump raised questions about his mental acuity and age. “He totally fucked us.”Plouffe, along with some other former Obama staffers, has previously been critical of Biden and his role in the Democratic defeat. In the wake of Harris’s loss he posted a message on X – formerly known as Twitter – that the Harris campaign had begun in a “deep hole”. He later deleted his account.The book describes how Plouffe had received calls from donors worried about Biden’s diminishing energy, cognitive skills and ability to deliver a speech. He in turn pressed the White House and Democratic party if they felt sure that the then president could win another election and was repeatedly told he could.But Tapper, chief Washington correspondent for CNN, and Thompson, a national political correspondent for Axios, spoke to around 200 people for the book, including members of Congress and White House and campaign insiders. Some had been sounding the alarm about Biden’s mental acuity and about desperate efforts by his close staff and allies to hide the extent of his deterioration.One senior aide, who quit the White House because they did not think Biden should run, admits to the authors that “we attempted to shield him from his own staff so many people didn’t realize the extent of the decline beginning in 2023”.“I love Joe Biden. When it comes to decency, there are few in politics like him. Still, it was a disservice to the country and to the party for his family and advisers to allow him to run again.”A prominent Democratic strategist says of Biden’s determination to seek re-election: “It was an abomination. He stole an election from the Democratic party; he stole it from the American people.”Original Sin is one of several eagerly awaited books about the 2024 election and an alleged White House conspiracy.Biden, 82, seemingly tried to preempt its revelations last week with media appearances on BBC Radio 4’s Today program and ABC’s talkshow The View. Biden has signed with Creative Artists Agency for representation and hired communications strategist Chris Meagher to help burnish his public reputation.But the 27 June 2024 debate in Atlanta was no anomaly, the book argues. Since at least 2022 Biden has been increasingly prone to lose his train of thought and struggle to remember the names of top aides. His speeches can be incoherent and difficult to hear. When he proved incapable of delivering a two-minute video address without stumbling, aides filmed him with two cameras so the edit would be less obvious.Original Sin tells how prominent figures tried to intervene in various ways. Obama visited the White House in 2023 and warned Biden: “Just make sure you can win the race.”Ari Emanuel, a Hollywood powerbroker and significant Democratic donor, yelled at longtime Biden ally Ron Klain: “Joe Biden cannot run for re-election! He needs to drop out! He can’t win! What’s the plan B?” Klain admitted there was no plan B.And Chuck Schumer, the Democratic leader in the Senate, confronted the president after the debate last July at his home in Rehoboth, Delaware, and appealed to his desire to preserve his legacy. He warned Biden that, he if stayed in the race and lost to Trump then 50 years of “amazing, beautiful work goes out the window. But it’s worse than that – you will go down in American history as one of the darkest figures.”On their way out, the book reports, Biden put his hands on Schumer’s shoulders and told him: “You have bigger balls than anyone I’ve ever met.”Biden stepped aside on 21 July and quickly endorsed Harris, but it was too late, the authors contend. He had already helped usher in the fate that he most wanted to avoid: the return of Trump to the White House. More

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      Trump’s Hollywood ambassador Jon Voigt joins coalition asking for tax incentives

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      Donald Trump’s Hollywood ambassadors, including actor Jon Voight, joined labor unions and major studios in asking the US president to expand and extend tax incentives for film and television productions.In a letter addressed to Trump on Sunday, the studios and unions did not mention his threat to introduce 100% tariffs on films made abroad, but instead thanked him for supporting the industry through their “shared goal” of domestic production.“We appreciate and thank you for the support you have shown our industry. We also appreciate your understanding of the need to increase domestic film and television production to bring back American jobs,” the letter read.The letter also calls for Trump to back three tax provisions in the upcoming budget reconciliation bill being drafted by Congress that it argues would “immediately make America more competitive, expand the American media industry, brings jobs back to America, and support the independent spirit of American business”.They include reviving section 199 of the tax code, which provided deductions for manufacturing to film and TV production, expanding section 181 to double to $30m in production expenditures, and restoring the section 461 ability to allow companies to carry back their net operating losses.The letter was signed by the Motion Picture Association, which represents Hollywood studios, and unions including Sag-Aftra, the Writers Guild of America, the Directors Guild of America, the Teamsters, as well as Voight and actor Sylvester Stallone, two of Trump’s so-called “special ambassadors” to Hollywood.There is no mention of Trump’s tariff proposal on foreign film production, which sparked outcry and confusion in the entertainment industry. The White House has since insisted: “No final decisions on foreign film tariffs have been made.”Trump announced his 100% tariff on foreign films a day after a meeting with Voight at Mar-a-Lago, during which the Midnight Cowboy and Heat actor presented his “comprehensive plan” to “make Hollywood great again”.Voight has since defended Trump’s proposal and expressed surprise at the negative reaction from across the industry, arguing: “Something has to be done, and it’s way past time.” More

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      Brazil’s president seeks ‘indestructible’ links with China amid Trump trade war

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      The Brazilian president, Luiz Inácio Lula da Silva, has heralded his desire to build “indestructible” relations with China, as the leaders of three of Latin America’s biggest economies flew to Beijing against the backdrop of Donald Trump’s trade war and the profound international uncertainty his presidency has generated.Lula touched down in China’s capital on Sunday for a four-day state visit, accompanied by 11 ministers, top politicians and a delegation of more than 150 business leaders.Hours later Colombia’s president, Gustavo Petro, arrived, making a beeline for the Great Wall of China and declaring his desire for the South American country to not “only look one way” towards the US. “We have decided to take a profound step forward between China and Latin America,” Petro said.Chile’s Gabriel Boric has also travelled to Beijing to attend Tuesday’s meeting between members of the Community of Latin American and Caribbean States (Celac) and Chinese representatives.Addressing hundreds of Chinese and Brazilian business chiefs in the Chinese capital on Monday, Lula hit out at Trump’s tariffs, saying he could not accept the measures “that the president of the US tried to impose on planet Earth, from one day to the next”.The Brazilian leftist said he hoped to build an “indispensable” relationship with China – already Brazil’s top trading partner – and heaped praise on his Communist party hosts as his officials announced $4.6bn (£3.5bn) of Chinese investment in their country. On Tuesday, Lula is scheduled to meet China’s leader, Xi Jinping, who is expected to return the visit in July, when Xi travels to the Brics summit in Rio.“China has often been treated as though it were an enemy of global trade when actually China is behaving like an example of a country that is trying to do business with countries which, over the past 30 years, were forgotten by many other countries,” said Lula, who is expected to seek major Chinese investments in Brazilian infrastructure projects.The visit of the three South American leaders to China underlines the east Asian country’s rapidly growing footprint in a region where, over the past 25 years, it has become a voracious consumer of commodities such as soybeans, iron ore and copper. Chinese companies have also poured into the region. Electric cars made by the Chinese manufacturer BYD can be seen cruising the streets of Brazilian cities, from Brasília to Boa Vista, deep in the Amazon.The visits also come amid global jitters over Trump’s volatile presidency and Latin American anxiety and suspicion over the US president’s plans for a region where he has threatened to “take back” the Panama canal – by force if necessary.Matias Spektor, an international relations professor at the Getúlio Vargas Foundation, a Brazilian thinktank and university, said the presence of the three South American presidents in Beijing underscored how, in the Trump era, with the US in retreat, such leaders were increasingly reaching out to other parts of the world.“It tells us that countries around the world are willing to go out … to exploit all the opportunities that are there in the international system – and there are many. Because, as America turns away from free trade and as America adopts a policy that is … instead of transactional, predatory – countries have an incentive to engage with those who are transactional,” Spektor said, pointing to recent trips Lula made to Japan and Vietnam.“[Lula] is very proactively trying to open trade for Brazil at a time when America is undoing the previous rules of the game, and the new rules of the game are not yet born … These [Latin American] countries want to shape the norms that are likely to emerge now. And those rules are not going to emerge in Washington DC. They are going to be made globally,” Spektor added.Spektor said Latin American leaders such as Lula had long considered the world a multipolar place. “What happened on 20 January [with Trump’s return to power] is that the barrage of policy change coming from Washington DC has accelerated the belief that was already in place that the axis of global power has for a while been moving towards the east, and somewhat towards the south.” More

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      ‘Just wildly illegal’: top Democrats push to censure Trump’s plan to accept Qatar jet

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      Top Democrats in the US Senate are pushing for a vote on the floor of the chamber censuring Donald Trump’s reported plan to accept a $400m luxury jet from the royal family of Qatar for use as Air Force One and later as a fixture in the Trump’s personal presidential library.Four Democratic members of the Senate foreign relations committee said on Monday that they would press for a vote later this week. They said that elected officials, including the president, were not allowed to accept large gifts from foreign governments unless authorized to do so by Congress.Cory Booker from New Jersey, Brian Schatz from Hawaii, Chris Coons from Delaware and Chris Murphy from Connecticut cast the reported gift of the Boeing 747-8 jumbo jet as a clear conflict of interest and a serious threat to national security.“Air Force Once is more than just a plane – it’s a symbol of the presidency and of the United States itself,” the senators said in a joint statement. “No one should use public service for personal gain through foreign gifts.”News of a possible gift of the luxury jet prompted immediate scathing criticism from senior Democrats. Though the Qatari government has stressed that no final decision has yet been made, Trump appeared to confirm it on Sunday when he commented on social media that the transfer was being made “in a very public and transparent transaction”.The plan appears to be for the 13-year-old plane to be fitted out by the US military for use as Air Force One and then, when Trump leaves the White House, for it to be put on display in his presidential library – in effect being handed to Trump for his own personal use.The reported arrangement comes as Trump sets off for a tour of the Middle East, including Qatar. Another of the countries on the tour, the United Arab Emirates, has also become embroiled in controversy over potential conflicts of interest involving Trump.Last week it was revealed that an investment firm based in Abu Dhabi had injected $2bn into a stablecoin venture launched by Trump’s World Liberty Financial crypto company as an investment into the crypto exchange Binance.Senate Democrats are also gearing up to challenge Trump’s conflicts of interest under congressional rules governing the sale of military weapons to foreign countries.Murphy, the senator from Connecticut who has been at the forefront of sounding the alarm over conflicts of interest in the second Trump administration, has said he will use his powers to challenge arms sales as a way of forcing a full debate and Senate vote on both the Qatar plane and UAE stablecoin issues.skip past newsletter promotionafter newsletter promotionHe said on social media that he would object to “any military deal with a nation that is paying off Trump personally – we can’t act like this is normal foreign policy”.He added: “UAE’s investment in Trump crypto and Qatar’s gifting of a plane is nuclear grade graft.”In an earlier post on Bluesky, Murphy described the idea of Qatar handing over the jet as being “just wildly illegal”.Trump has so far brushed aside the Democratic fury. He praised Qatar’s offer on Monday as a “great gesture” and said he would “never be one to turn down that kind of offer”. More

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      Will a disputed North Carolina race push defeated candidates to contest results?

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      A disputed North Carolina state supreme court race that took nearly six months to resolve revealed a playbook for future candidates who lose elections to retroactively challenge votes, observers warn, but its ultimate resolution sent a signal that federal courts are unlikely to support an effort to overturn the results of an election.Democrat Allison Riggs defeated Republican Jefferson Griffin by 734 votes last November out of about 5.5m cast. But for months afterwards, Griffin waged an aggressive legal fight to get 65,000 votes thrown out after the election, even though those voters followed all of the rules election officials had set in advance.The effort was largely seen as a long shot until the North Carolina court of appeals accepted the challenge and said more than 60,000 voters had to prove their eligibility, months after the election, or have their votes thrown out. The Republican-controlled North Carolina supreme court significantly narrowed the number of people who had to prove their eligibility, but still left the door open to more than 1,000 votes being tossed.However, Judge Richard Myers II, a conservative federal judge appointed by Donald Trump, halted that effort on 5 May and ordered the North Carolina state board of elections to certify the race. “You establish the rules before the game. You don’t change them after the game is done,” he wrote in his ruling. Griffin shortly after said he would not appeal against the election and conceded the race.The North Carolina episode marked the most aggressive push by a Republican to overturn an election since Donald Trump’s blunt push to overturn the results of the 2020 presidential race. While both efforts were unsuccessful, the North Carolina state court’s embrace of such a brazen effort to disenfranchise voters after an election could set the stage for another candidate to try the same thing.“The damage to future North Carolina elections has already been done,” Bryan Anderson, a North Carolina reporter who authors the Substack newsletter Anderson Alerts, warned.View image in fullscreenThe North Carolina judges who had ruled in favor of Griffin, Anderson wrote, “have issued decisions paving the way for retroactive voter challenges. It’s a view that can’t be put back in a box and stands to create little incentive for candidates to concede defeat in close elections going forward.“There’s now also precedent for wrongly challenging voters who followed all rules in place at the time of an election and leaving them without any means to address concerns with their ballots,” he added.Although the North Carolina state board of elections was not willing to entertain Griffin’s challenges in the future this time around, North Carolina Republicans wrestled control of the state elections board from Democrats, and might be more willing to entertain efforts to disenfranchise voters.Richard Hasen, an election law scholar at the University of California Los Angeles said the episode sent “two conflicting signals, and it’s hard to know which one is going to dominate”.On the one hand, he said Donald Trump has created an atmosphere in which Republicans are “increasingly willing to believe” elections are being stolen and embrace efforts to overturn them.“On the other hand, the fact that you have pushback, at least from the federal courts, should give some people pause,” he said.Sean Morales-Doyle, director of the voting rights and elections program at the Brennan Center for Justice, said he believed the saga “closed the door” to similar challenges in the future.“Certainly it is a shame that it took six months to get here, but the end result here is a reaffirmation of the fact that the federal courts aren’t going to stand for changing the rules for an election after it’s been run,” he said. “Will other people try this? Maybe. But I think the lesson that should be learned from this is actually this won’t work.”But Griffin’s efforts may have “only failed because the federal courts that oversee North Carolina happen to be free of partisan corruption”, Mark Stern, a legal reporter, wrote in Slate.“But what if a Republican candidate loses by a hair in, say, Texas, where state and federal courts are badly tainted by GOP bias,” he wrote. “Griffin has laid out the blueprint for an election heist in such a scenario, with Scotus standing as the lone bulwark against an assault on democracy.”Although Republicans have been responsible for bringing election denialism into the mainstream in recent years, Benjamin Ginsberg, a well-respected Republican election lawyer who worked on George W Bush’s team during the Florida recount in 2000, said the legal strategy Griffin deployed was essentially what Al Gore tried to do.“That strategy has not worked, which is not to say somebody won’t try it again. Because history would teach you that candidates who lose narrow races, try everything. Throw it on the wall and see what sticks,” he said. More

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      Donald Trump suggestion he will accept luxury plane from Qatar draws criticism from allies and rivals – US politics live

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      President Donald Trump is ready to accept a luxury Boeing 747-8 jumbo jet as a gift from the ruling family of Qatar during his trip to the Middle East this coming week – and American officials say it could be converted into a potential presidential aircraft.The Qatari government said a final decision had not been made, AP reports.However, Trump defended the idea – what would amount to a US President accepting an astonishingly valuable gift from a foreign government – as a fiscally shrewd move for the country.“So the fact that the Defense Department is getting a GIFT, FREE OF CHARGE, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction, so bothers the Crooked Democrats that they insist we pay, TOP DOLLAR, for the plane,” Trump posted on his social media site on Sunday night. “Anybody can do that!”ABC News reported that Trump will use the aircraft as his presidential plane until shortly before he leaves office in January 2029, when ownership will be transferred to the foundation overseeing his yet-to-be-built presidential library.The gift was expected to be announced when Trump visits Qatar, according to ABC’s report, as part of a trip that also includes stops in Saudi Arabia and the United Arab Emirates, the first extended foreign travel of his second term.Laura Loomer, a far-right ally of Trump, said accepting Qatar’s plane would be a “stain” on the administration, adding that Qatar “fund the same Iranian proxies in Hamas and Hezbollah who have murdered US Service Members.”The Democratic National Committee said the move was proof of Trump using the White House for personal financial gain, while Democratic lawmakers blasted the plan as “wildly illegal,” and “corruption in plain sight.”President Donald Trump is ready to accept a luxury Boeing 747-8 jumbo jet as a gift from the ruling family of Qatar during his trip to the Middle East this coming week – and American officials say it could be converted into a potential presidential aircraft.The Qatari government said a final decision had not been made, AP reports.However, Trump defended the idea – what would amount to a US President accepting an astonishingly valuable gift from a foreign government – as a fiscally shrewd move for the country.“So the fact that the Defense Department is getting a GIFT, FREE OF CHARGE, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction, so bothers the Crooked Democrats that they insist we pay, TOP DOLLAR, for the plane,” Trump posted on his social media site on Sunday night. “Anybody can do that!”ABC News reported that Trump will use the aircraft as his presidential plane until shortly before he leaves office in January 2029, when ownership will be transferred to the foundation overseeing his yet-to-be-built presidential library.The gift was expected to be announced when Trump visits Qatar, according to ABC’s report, as part of a trip that also includes stops in Saudi Arabia and the United Arab Emirates, the first extended foreign travel of his second term.Laura Loomer, a far-right ally of Trump, said accepting Qatar’s plane would be a “stain” on the administration, adding that Qatar “fund the same Iranian proxies in Hamas and Hezbollah who have murdered US Service Members.”The Democratic National Committee said the move was proof of Trump using the White House for personal financial gain, while Democratic lawmakers blasted the plan as “wildly illegal,” and “corruption in plain sight.”Hello and welcome to the US politics live blog. I’m Tom Ambrose and will be bringing you the latest news lines.We start with the news that China and the US have agreed a 90-day pause to the deepening trade war that has threatened to upend the global economy, with reciprocal tariffs to be lowered by 115%.Speaking to the media after talks in Geneva, the US treasury secretary, Scott Bessent, said both sides had shown “great respect” in the negotiations.Bessent said: “The consensus from both delegations this weekend was neither side wants a decoupling”.The 90-day lowering of tariffs applies to the duties announced by Donald Trump on 2 April, which ultimately escalated to 125% on Chinese imports, with Beijing responding with equivalent measures.China also imposed non-tariff measures, such as restricting the export of critical minerals that are essential to US manufacturing of hi-tech goods.The US trade representative, Jamieson Greer, said China’s retaliation had been disproportionate and amounted to an effective embargo on trade between the world’s two biggest economies.For the full story, see here:In other news:

      Hamas announced on Sunday that it will release the last living American hostage in Gaza, Edan Alexander, an Israeli-American soldier who was kidnapped on 7 October 2023. Trump confirmed the news in a social media post, writing that Alexander, 21, “is coming home to his family”, while thanking mediators Qatar and Egypt.

      A group of 49 white South Africans departed their homeland on Sunday for the United States on a private charter plane having been offered refugee status by the Trump administration under a new program announced in February. They are the first Afrikaners – a white minority group in South Africa – to be relocated after Trump issued an executive order in February accusing South Africa’s Black-led government of racial discrimination against them.

      Mass terminations and billions of dollars’ worth of cuts at the Department of Health and Human Services (HHS) have gutted key programs – from child support services to HIV treatment abroad – and created a “real danger” that disease outbreaks will be missed, according to former workers. Workers at the HHS, now led by Robert F Kennedy Jr, and in public health warned in interviews that chaotic, flawed and sweeping reductions would have broad, negative effects across the US and beyond.

      The US transportation secretary, Sean Duffy, plans to reduce the number of flights in and out of the Newark Liberty international airport for the “several weeks”, as the facility – one of the country’s busiest airports – struggles with radar outages, numerous flight delays and cancellations due to a shortage of air traffic controllers.

      A group of Quakers were marching more than 300 miles from New York City to Washington DC to demonstrate against the Trump administration’s crackdown on immigrants. Organisers of the march say their protest seeks to show solidarity with migrants and other groups that are being targeted by Trump.

      Trump said on Sunday he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less. The White House did not immediately offer more details on how the plan would work. More

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      China and US agree 90-day pause to trade war initiated by Donald Trump

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      China and the US have agreed a 90-day pause to the deepening trade war that has threatened to upend the global economy, with reciprocal tariffs to be lowered by 115%.Speaking to the media after talks in Geneva, the US treasury secretary, Scott Bessent, said both sides had shown “great respect” in the negotiations.Bessent said: “The consensus from both delegations this weekend was neither side wants a decoupling.”The 90-day lowering of tariffs applies to the duties announced by Donald Trump on 2 April, which ultimately escalated to 125% on Chinese imports, with Beijing responding with equivalent measures.China also imposed non-tariff measures, such as restricting the export of critical minerals that are essential to US manufacturing of hi-tech goods.The US trade representative, Jamieson Greer, said China’s retaliation had been disproportionate and amounted to an effective embargo on trade between the world’s two biggest economies.With the 115% deduction, Chinese duties on US goods will be lowered to 10%, while the US tax on Chinese goods will be lowered to 30%. That is because the US tariffs include a 20% rate imposed by Trump before the latest trade war, which the president said was related to China’s role in the US’s fentanyl crisis. The fentanyl-related tariff will still apply.A spokesperson for China’s ministry of commerce said: “This move meets the expectations of producers and consumers in both countries, as well as the interests of both nations and the common interest of the world.“We hope that the US side will, based on this meeting, continue to move forward in the same direction with China, completely correct the erroneous practice of unilateral tariff hikes, and continually strengthen mutually beneficial cooperation.”China’s yuan jumped to a six-month high on the signal that the trade war would be paused. Up to 16m jobs were at risk in China, according to some estimates, while the US faced rising inflation and empty shelves thanks to dizzying tariffs on the biggest supplier of US goods.Bessent said he was impressed by the level of Chinese engagement on the fentanyl issue during the talks in Switzerland. “For the first time the Chinese side understood the magnitude of what is happening in the US,” Bessent said.A joint statement published by the US and China on Monday said that both sides would “continue to advance related work in a spirit of mutual openness, continuous communication, cooperation and mutual respect”.William Xin, the chair of the hedge fund Spring Mountain Pu Jiang Investment Management, told Reuters: “The result far exceeds market expectations. Previously, the hope was just that the two sides can sit down to talk, and the market had been very fragile. Now, there’s more certainty. Both China stocks and the yuan will be in an upswing for a while.”skip past newsletter promotionafter newsletter promotionHu Xijin, the former editor of the nationalist Chinese tabloid the Global Times, said on social media the agreement was a “great victory for China in upholding the principles of equality and mutual respect”. Hu noted on Weibo that the recently agreed UK-US trade deal maintained the US’s 10% tariff on UK imports, “while the UK did not implement reciprocal measures”.Wang Wen, the head of the Chongyang Institute for Financial Studies at Renmin University in Beijing, said: “This is an unexpected achievement in Sino-US tariff negotiations.”However, Wang also urged caution, as he said the agreement “does not represent the resolution of the structural contradictions between China and the United States, nor does it mean that there will be no friction and serious differences between China and the United States in the future”.Stock markets across Europe rose in the aftermath of the US-China announcement. Germany’s DAX index jumped by 1.5%, with Mercedes-Benz, Daimler Trucks and BMW among the biggest risers. France’s CAC index rose by 1.2%.Additional research by Lillian Yang More