World news

Subterms

    More stories

    • 113 Shares75 Views

      in US Politics

      Trump selects Elon Musk to lead government efficiency department

      by

      Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency, Donald Trump said on Tuesday.Despite the name, the department will not be a government agency. Trump said in a statement that Musk and Ramaswamy will work from outside government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to government never seen before.” He added that the move would shock government systems.Trump said the duo “will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”.Posting on X, the social media platform he owns, Musk pledged to document all actions of the department online for “maximum transparency”.“Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!” he said, while also promise to keep “a leaderboard for most insanely dumb spending of your tax dollars”.Ramaswamy also responded to the announcement of his appointment on X. “We will not go gently, @elonmusk”, he said, adding an American flag emoji.It is not clear how the organization will operate. It could come under the Federal Advisory Committee Act, which dictates how external groups that advise the government must operate and be accountable to the public.Federal employees are generally required to disclose their assets and entanglements to ward off any potential conflicts of interest, and to divest significant holdings relating to their work. Because Musk and Ramaswamy would not be formal federal workers, they would not face those requirements or ethical limitations.Musk had pushed for a government efficiency department and has since relentlessly promoted it, emphasizing the acronym for the agency: Doge, a reference to a meme of an expressive Shiba Inu and the name of the cryptocurrency Dogecoin, which Musk promotes. Trump said the agency will be conducting a “complete financial and performance audit of the entire federal government, and making recommendations for drastic reforms”.The value of dogecoin has more than doubled since election day, tracking a surge in cryptocurrency markets on expectations of a softer regulatory ride under a Trump administration. Shares in Tesla are up about 30% since the election.Trump said their work would conclude by 4 July 2026, adding that a smaller and more efficient government would be a “gift” to the country on the 250th anniversary of the signing of the Declaration of Independence.Ramaswamy is a wealthy biotech entrepreneur whose first time running for office was for the Republican party nomination last year. After dropping out of the race, he threw his support behind Trump. He told ABC earlier this week that he was having “high-impact discussions” about possible roles in Trump’s cabinet.He also has no government experience, but has pushed for cost-cutting in the corporate sector. After building a stake in the struggling online media firm Buzzfeed, he urged the company in May to cut staff and hire conservative commentators like Tucker Carlson.Musk, speaking to reporters last month, stated a goal of reducing government spending by $2tn. Practically speaking, experts say those cost cuts could result in deregulation and policy changes that would directly impact Musk’s universe of companies, particularly Tesla, SpaceX, X and Neuralink.Adding a government portfolio to Musk’s plate could benefit the market value of his companies and favored businesses such as artificial intelligence and cryptocurrency.Equities analyst Daniel Ives of Wedbush Securities said in a research note: “It’s clear that Musk will have a massive role in the Trump White House with his increasing reach clearly across many federal agencies.”But Musk’s appointment was criticized by Public Citizen, a progressive consumer rights NGO that challenged several of Trump’s first-term policies. “Musk not only knows nothing about government efficiency and regulation, his own businesses have regularly run afoul of the very rules he will be in position to attack,” co-president Lisa Gilbert said in a statement.Trump had made clear that Musk would likely not hold any kind of full-time position, given his other commitments.“I don’t think I can get him full-time because he’s a little bit busy sending rockets up and all the things he does,” Trump said at a rally in Michigan in September. “He said the waste in this country is crazy. And we’re going to get Elon Musk to be our cost-cutter.” More

    • 150 Shares91 Views

      in US Politics

      Trump builds hawkish team with Rubio and Waltz tipped for top jobs

      by

      Donald Trump has chosen a pair of establishment Republicans from Florida for senior roles in his administration as he builds a national security team that looks more hawkish than the isolationist America First brand of foreign policy that he has championed in public.Trump was expected to select the senator Marco Rubio as his secretary of state, the US’s top diplomat, and has asked the congressman Mike Waltz, a retired Green Beret known as a China hawk, to become his national security adviser, a powerful role that would help shape his policies on the conflicts in Ukraine and Gaza, as well as around the world.Rubio is a noted foreign policy hawk with hardline policies on China, Iran, and on Venezuela, where he has led US efforts to unseat the president, Nicolás Maduro. He was one of the earliest China hawks in Washington, where Beijing is now viewed with extreme scepticism by both parties, and has served as a co-chair of the bipartisan Congressional-Executive Commission on China.On Ukraine he is likely to tailor his views to Trump’s and those around him, including Elon Musk and Donald Trump Jr, who have voiced sharp criticism of continued funding for Ukraine’s defence against the Russian invasion. Rubio was one of 15 Republican lawmakers to vote against a $61bn supplemental aid bill in the Senate earlier this year that led to a months-long delay of crucial funding for the Ukrainian military.Rubio said earlier this month on national television: “I think the Ukrainians have been incredibly brave and strong in standing up to Russia. But at the end of the day what we are funding here is a stalemate war, and it needs to be brought to a conclusion, or that country is going to be set back 100 years.”Rubio, whom Trump nicknamed “Little Marco” during his first presidential run, has gone from a regular target of Trump’s insults to a loyal surrogate to the Republican president-elect.Trump had regularly denigrated him in the past as a member of the Republican establishment, calling him a “puppet” and saying he was a “nervous basket case”. But he has been in lockstep with Trump during the campaign and has worked with Democrats and fellow Republicans in the Senate foreign relations committee and intelligence committee, making it likely he will have an easy confirmation process in that body.That stands in sharp relief to a reported rival for the role of secretary of state, Ric Grenell, Trump’s former acting director of national intelligence and ambassador to Germany, who has proven himself as a loyalist but was known in Washington and Europe as combative and would have faced a tough confirmation process.skip past newsletter promotionafter newsletter promotionWaltz, Trump’s choice for national security adviser, has argued that Trump should move quickly to end the wars in Gaza and Ukraine in order to transfer US focus and military assets back to the Indo-Pacific region and counter China.Those policies dovetail with Trump’s isolationist tendencies in terms of seeking a speedy resolution to the war in Ukraine, even if it is achieved by forcing Ukraine to make concessions to Russia.“Supporting Ukraine for ‘as long as it takes’ in a war of attrition against a larger power is a recipe for failure,” Waltz and a co-author, Matthew Kroenig, wrote in an op-ed for the Economist this year. “The next administration should aim, as Donald Trump has argued, to ‘end the war and stop the killing’.” They said the US should use economic leverage on energy sales to “bring Mr Putin to the table”.“If he refuses to talk, Washington can, as Mr Trump argued, provide more weapons to Ukraine with fewer restrictions on their use,” they continued. “Faced with this pressure, Mr Putin will probably take the opportunity to wind the conflict down.”With regards to Israel’s war in Gaza, the pair appeared ready to give Benjamin Netanyahu carte blanche to “let Israel finish the job”, as Trump has said. They also suggested launching a “diplomatic and economic pressure campaign to stop [Iran] and to constrain their support for terror proxies”.“Washington should maintain a military presence in the region, but with the war in Gaza and Lebanon concluded, it can transfer critical capabilities back to the Indo-Pacific,” they wrote. More

    • 175 Shares65 Views

      in US Politics

      The great danger is that this time, Trumpism starts making sense | Randeep Ramesh

      by

      Donald Trump’s unpredictable style and electoral success reflect a turbulent era when neither progressives nor authoritarians have secured control. Far from signalling an autocratic takeover, his rise shows a political landscape in flux. The 2008 crash and its uneven recovery marked the decline of the old economic order. But in 2016, the rise of Trump on the right and Bernie Sanders on the left highlighted a real shift, as neoliberalism’s grip loosened, making space for once marginalised ideas.Since then, two US presidencies have acknowledged the need to rebuild an economy that supports blue-collar workers affected by free trade, immigration and globalisation. While neither administration succeeded – and paid for it at the ballot box – the result has been a growing constituency on both sides of the American political divide that takes seriously, albeit often rhetorically, economic injustice. But for any political movement to become dominant, it has to shape the core ideas that matter to everyone, not just its diehard supporters.A subtle shift is taking place: once-taboo “protectionism” is now a bipartisan issue, with Joe Biden upholding Trump’s tariffs on China. The two presidents have encouraged US companies to reshore manufacturing. Industrial policy, missing since the 1990s, and antitrust actions now find advocates on both sides of the aisle. Both Trump and Harris gauged voters’ indifference to near-trillion-dollar deficits, promising on the campaign trail to protect social security and Medicare.While the methods are shared, the goals diverge. The US became the world’s top oil and gas producer in the last decade. Biden sought to cultivate a green economy, while Trump promoted fossil fuels so aggressively that it bordered on self-parody.Biden fell short of delivering the transformation he had promised. He set out to tackle inequality, improve public services and address the climate crisis with a $4tn plan funded by taxing the wealthy – a mission to unite social liberalism with economic fairness. But his ambitious plans were shrunk by lobbying by corporate interests and resistance from centrist Democrats.After Russia’s invasion of Ukraine, Biden shifted away from economic radicalism. When inflation surged, instead of controlling prices, he allowed the cost of essentials to soar, causing the steepest food-price hike since the 1970s. In 2022, the poorest 20% of Americans spent nearly a third of their income on food, while the wealthiest fifth spent just 8%. Biden avoided emergency price controls, unlike Richard Nixon who implemented them in 1971 – and won a landslide reelection the following year.Biden learned the lesson too late, promising to tackle “greedflation” as part of his reelection campaign. Once he dropped out, Harris said she would enact the “first ever federal ban” on food-price gouging. That was slamming the stable door shut long after the horse had bolted. However, in a sign that price controls were becoming mainstream in national politics, Trump promised to cap credit card interest rates.Trump’s populist rhetoric resonated with disillusioned voters, yet his first term’s policies had often mirrored the establishment he criticised, blending and betraying the US’s pro-market ideals. As the historian Gary Gerstle writes in his book The Rise and Fall of the Neoliberal Order: “If [the administration’s] deregulation, judicial appointments, and tax cuts pointed toward the maintenance of a neoliberal order … Trump’s assault on free trade and immigration aimed at its destruction.” Trump presents free trade and open borders as threats to US prosperity, advocating for strict controls that admit only goods and people aligned with American interests.The president-elect has abandoned the neoliberal tradition of keeping markets shielded from direct political influence, openly using his power to favour allies and enrich elites. While centrist Democrats support corporate interests by blocking progressive reforms, Trump aligns directly with billionaires, promoting a culture where justice serves the wealthy, prejudice is trivialised and power diminishes equality. This trickle-down bigotry will ultimately create a system where servility to power and social division become normalised, eroding fairness for everyone.Whether Trump can mobilise popular discontent over social and economic inequalities without alienating the oligarchs who support him remains an open question. In the months ahead, a struggle will unfold among factions within Trump’s circle. Economic populists such as the Republican senator Josh Hawley and the vice-president-elect, JD Vance, will differ from libertarians such as Vivek Ramaswamy and the self-interested deregulatory agenda of Elon Musk. Trump’s aim isn’t to lift all boats, but rather to lift enough to convince voters to tolerate the corruption, consumer scams and environmental degradation that enrich a plutocratic class. This strategy, boosted by a pliant mediasphere, enables him to present a party of private power as the voice of the ordinary voter.American political life often oscillates between “normal” and “revolutionary” phases – periods of stability interspersed with upheaval, where ideological shifts reshape public policy. After the crash but before Trump, the Tea Party was a rightwing populist movement frustrated by globalisation yet anti-worker in orientation. Revolutionary moments – such as the rise of nativist populism or democratic progressivism – trigger profound ideological shifts that reshape public values and policy. Trump’s victory was historic, but it is not yet ideologically cohesive or triumphant.If that changes, it could permanently shift certain constituencies. In 1948, Democratic support for civil rights led African Americans to abandon their traditional allegiance to the Republicans. They left the party of emancipation for the party of Jim Crow. Betting that working-class voters have nowhere else to go is a gamble centrist politicians will profoundly regret.For Democrats, the traditional strategy of pairing social liberalism with modest economic reform no longer connects with today’s voters. While social equality is a moral imperative, it requires bold, egalitarian economic policies to truly resonate. Until such policies take shape, political dysfunction and public frustration will persist. The pressing question now, for the US and beyond, is what vision and leadership will meet these urgent demands. More

    • 138 Shares91 Views

      in US Politics

      Trump expected to appoint China critics Marco Rubio and Mike Waltz

      by

      President-elect Donald Trump has reportedly decided to appoint the prominent China hawks Marco Rubio and Mike Waltz as his respective secretary of state and national security adviser.Rubio was arguably the most hawkish option on Trump’s shortlist for secretary of state, and he has in past years advocated for a muscular foreign policy with respect to America’s geopolitical foes, including China, Iran and Cuba.Over the past several years the Florida senator has softened some of his stances to align more closely with Trump’s views. The president-elect accuses past US presidents of leading America into costly and futile wars and has pushed for a more restrained foreign policy.A failed challenger to Trump for the Republican presidential nomination in 2016, Rubio had been rumored to be one of the leading contenders for Trump’s vice-presidential pick before JD Vance was announced.Since his failed run for president, Rubio has served as an informal foreign policy adviser and helped Trump prepare for his first debate against Biden in 2020.Trump has not confirmed the planned appointment, which was first reported by the New York Times. If confirmed, Rubio would be the first Latino to serve as America’s top diplomat once the Republican president-elect takes office in January.While the famously mercurial Trump could always change his mind at the last minute, he appeared to have settled on his pick as of Monday, sources told Reuters.While Rubio was far from the most isolationist option, his likely selection nonetheless underlines a broad shift in Republican foreign policy views under Trump.Once the party of hawks who advocated military intervention and a muscular foreign policy, most of Trump’s allies now preach restraint, particularly in Europe, where many Republicans complain US allies are not paying their fair share on defense.“I’m not on Russia’s side – but unfortunately the reality of it is that the way the war in Ukraine is going to end is with a negotiated settlement,” Rubio told NBC in September.Waltz, a Republican congressman and Trump loyalist who served in the national guard as a colonel, has criticized Chinese activity in the Asia-Pacific and voiced the need for the US to be ready for a potential conflict in the region.Last week, Waltz won re-election to the US House seat representing east-central Florida, which includes Daytona Beach. He defeated the Democrat James Stockton, a pastor and former president of a local NAACP branch.Waltz is a combat-decorated Green Beret and a former White House and Pentagon policy adviser. He was first elected in 2018, replacing the Republican Ron DeSantis, who ran for governor, in Florida’s sixth congressional district.Waltz served multiple combat tours in Afghanistan, and he was awarded four Bronze Stars. He was one of the lawmakers appointed in July to serve on a bipartisan congressional taskforce to investigate the attempted assassination of Trump in Butler, Pennsylvania, in July.After Waltz left the US army, he worked in the Pentagon in the George W Bush administration as policy director for former defense secretaries Donald Rumsfeld and Robert Gates.Under the former vice-president Dick Cheney, Waltz served as a counter-terrorism adviser.In 2021, after Joe Biden ordered a chaotic evacuation from Afghanistan, Waltz asked Biden to reverse course and relaunch military operations in the region. The war in Afghanistan began under Bush after the 11 September 2001 attacks.The Intercept reported that before his run for Congress in 2018 Waltz managed a lucrative defense contracting firm with offices in Afghanistan.Waltz has consistently expressed the need for protecting the Afghan people, saying that US “soldiers will have to go back”. Government reports have stated that US nation-building efforts resulted in the deaths of more than 48,000 civilians and 66,000 Afghan police and military, and widespread torture.In other developments on Trump’s appointments, the governor of South Dakota, Kristi Noem, has been picked to become the next secretary of the Department of Homeland Security, CNN reported on Tuesday, citing two sources.Earlier this year, Noem was widely seen as a potential presidential running mate for Trump. She lost out after recycling a two-decade-old story designed to illustrate decisive leadership that involved her shooting dead a puppy that did not hunt and had bitten members of her family.Reuters contributed to this report More

    • 200 Shares98 Views

      in US Politics

      US election updates: Trump reportedly looks to China hawks for key security and foreign policy roles

      by

      Donald Trump is reportedly tapping up politicians who hold hardline positions on China for key roles within his incoming cabinet. The US president-elect has asked US Representative Michael Waltz, a retired Army National Guard officer and war veteran, to be his national security adviser, multiple outlets reported, while the New York Times and Reuters said Florida senator Marco Rubio was favourite for secretary of state.Waltz is also on the Republican’s China taskforce and is considered hawkish – advocating for a more aggressive foreign policy – when it comes to China. He called for a US boycott of the 2022 Winter Olympics in Beijing due to what he termed the “suppression” of information about the Covid-19 outbreak in Wuhan, and its ongoing mistreatment of the minority Muslim Uyghur population.Rubio is a top China hawk in the Senate. Most notably, he called on the treasury department in 2019 to launch a national security review of popular Chinese social media app TikTok’s acquisition of Musical.ly. As the top Republican on the Senate intelligence committee, he demanded the Biden administration block all sales to Huawei earlier this year after the sanctioned Chinese tech company released a new laptop powered by an Intel AI processor chip.During the campaign, Trump promised to impose tariffs of 60% on all Chinese imports, which could affect $500bn worth of goods.Here’s what else happened on Tuesday:

      Donald Trump has announced that he will nominate Lee Zeldin to lead the Environmental Protection Agency, saying the former New York congressman and gubernatorial candidate will focus on cutting regulations. Trump, who oversaw the rollback of more than 100 environmental rules when he last was US president, said Zeldin was a “true fighter for America First policies” and that “he will ensure fair and swift deregulatory decisions.”

      Trump confirmed that New York Republican congresswoman Elise Stefanik would be nominated as the US ambassador to the United Nations in his administration. “She will be an incredible ambassador to the United Nations, delivering peace through strength and America First National Security policies!”, Trump said in a statement. He also pointed to her efforts against antisemitism on college campuses amid the war on Gaza.

      Trump has reportedly selected longtime adviser Stephen Miller, an immigration hardliner, to be the deputy chief of policy in his new administration. Miller is one of Trump’s longest-serving aides, and has been a central figure in many of his policy decisions, particularly on immigration. Since leaving the White House, Miller has served as the president of America First Legal, an organisation of former Trump advisers fashioned as a conservative version of the American Civil Liberties Union.

      Oklahoma senator Markwayne Mullin is reportedly being considered for a position to lead the Department of Interior or Veterans Affairs in Trump’s administration.

      Axios reported that Israeli prime minister Benjamin Netanyahu’s envoy, Ron Dermer, met Trump at Mar-a-Lago on Sunday, and that Dermer also met Trump’s son in law, Jared Kushner.

      Kamala Harris made her first public appearance since her concession speech at a Veterans Day ceremony. The vice-president did not speak at the event.

      Democrat Cleo Fields has won Louisiana’s congressional race in a recently redrawn second majority-Black district. That flips a once reliably Republican seat blue, according to the Associated Press.

      Juan Merchan, the judge presiding over Trump’s business fraud trial in New York that saw him convicted of 34 felonies earlier this year, will decide on Tuesday whether to overturn the verdict, Reuters reports. The case is the only one of Trump’s four criminal indictments to reach a verdict, and Trump is scheduled to be sentenced on 26 November – though now that he is headed back to the White House, it is unclear if that will happen. More

    • 163 Shares93 Views

      in US Politics

      US climate envoy says fight against climate crisis does not end under Trump

      by

      The US climate envoy John Podesta said the fight “for a cleaner, safer” planet will not stop under a re-elected Donald Trump even if some progress is reversed, speaking at the Cop29 UN climate talks on Monday as they opened in Baku, Azerbaijan.“Although under Donald Trump’s leadership the US federal government placed climate-related actions on the back burner, efforts to prevent climate change remain a commitment in the US and will confidently continue,” said Podesta, who is leading the Biden administration’s delegation at the annual talks.Trump has pledged to deregulate the energy sector, allow the oil and gas industry to “drill, baby, drill”, and pull the US from the Paris climate agreement, which committed countries to taking steps to avoid the worst impacts of the crisis. Yet while Trump will try to reverse progress, “this is not the end of our fight for a cleaner, safer planet”, Podesta said.Last week’s re-election of Trump to the White House, which will see him inaugurated for a second term in January, has cast a shadow on the UN talks after the Republican defeated Kamala Harris. Harris had been expected to continue the climate policies of Joe Biden, who passed the Inflation Reduction Act, the largest down payment on the green transition seen in US history.Experts say Trump’s second term could be even more destructive, as he will be aided by an amenably conservative judiciary and armed with detailed policy blueprints such as the Project 2025 document published by the rightwing Heritage Foundation.Trump’s incoming administration is already reportedly drawing up executive orders to erase climate policies and open up protected land for ramped-up oil and gas production. “We have more liquid gold than any country in the world,” the president-elect said on Wednesday.Staff at the US Environmental Protection Agency, which was targeted the last time Trump was president, are already bracing for a mass exodus. Swaths of work done by the EPA under Biden, such as pollution rules for cars and power plants, as well as efforts to protect vulnerable communities living near industrial activity, are set to be reversed.A June analysis warned that Trump’s forthcoming rollbacks could add 4bn additional metric tons of carbon dioxide emissions to the atmosphere by 2030 when compared with a continuation of Biden’s policies. That “would be a death sentence to our planet”, said Jamie Minden, the 21-year-old acting executive director of Zero Hour, the US-based youth-led climate non-profit, at a press conference about the election result in Baku on Monday.Trump’s looming presidency could also place a damper on other countries’ climate action plans, said Todd Stern, who was the US special envoy for climate change and the United States’ chief negotiator at the 2015 Paris climate agreement – especially China, which is currently the top global contributor to planet-warming emissions.“The two biggest players in the ring are the US and China, and China is extremely aware of that. It has just got a guarantee that the US president won’t be bringing up climate change with them for the next four years and that means something,” he said. “It will make things easier on China and that can’t help but have some impact.”Yet “the fight is bigger than one election, one political cycle in one country,” said Podesta. The UN climate conference in Baku represented a “critical opportunity to cement our progress”, he said.At Cop29, activists are pushing the Biden administration to file a bold climate plan under the Paris climate agreement – known as a nationally determined contribution – and to make big pledges to support global climate finance efforts.And the president “still has critical opportunities to cement his climate legacy” on the domestic level as well, said Allie Rosenbluth, co-manager of the climate NGO Oil Change International, including by rejecting pending permits for fossil fuel projects.At least $1tn is needed to help poor countries reduce their greenhouse gas emissions, shift to a low-carbon economy and adapt to the impacts of climate disasters. If the US fails to meaningfully contribute, other countries can also fill the climate finance gap left by the US, noted Teresa Anderson, the global climate justice lead at the climate non-profit ActionAid, at another Monday press conference.“This is a test for rich countries,” she said. “If they believe in the climate emergency then they should be willing to pay more than their fair share, not less.”The US senator Sheldon Whitehouse, a climate hawk who will arrive at Cop29 later this week, said Trump and other US Republicans were “aiming a torpedo” at climate progress, but that the pressure to slash US emissions would stay strong.“I’m heading to Baku to reassure the international community that large swaths of the US remain committed to steering the planet away from climate catastrophe, a catastrophe that is already doing massive economic harm and driving up prices for insurance, food, and other goods and services,” he wrote in an email.Tina Stege, climate envoy for the Marshall Islands, noted that the Paris agreement had 195 signatories and “will not collapse in the face of a single election result”.“The Paris agreement has survived one Trump presidency and it will survive another,” she said. More

    • 175 Shares117 Views

      in US Politics

      Trump speaks with Putin and advises him not to escalate Ukraine war – report

      by

      Donald Trump spoke on the phone with Vladimir Putin on Thursday and discussed the war in Ukraine, the Washington Post reported on Sunday, citing people familiar with the matter.The US president-elect advised the Russian president not to escalate the war in Ukraine and reminded him of “Washington’s sizeable military presence in Europe”, the Post reported.It added that Trump expressed interest in follow-up conversations on “the resolution of Ukraine’s war soon”.During the election campaign, Trump said he would find a solution to end the war “within a day”, but did not explain how he would do so.According to one former US official who was familiar with the call and spoke to the Washington Post, Trump likely does not want to begin his second presidential term with an escalation in the Ukraine war, “giving him incentive to want to keep the war from worsening”.In a statement to the outlet, Trump spokesperson Steven Cheung said: “President Trump won a historic election decisively and leaders from around the world know America will return to prominence on the world stage. That is why leaders have begun the process of developing stronger relationships with the 45th and 47th president because he represents global peace and stability.”Trump had also spoken to Ukrainian president Volodymyr Zelenskyy on Wednesday, according to media reports.Biden has invited Trump to come to the Oval Office on Wednesday, and on Sunday, national security adviser Jake Sullivan said that Biden’s top message will be his commitment to ensure a peaceful transfer of power. He will also talk to Trump about what’s happening in Europe, in Asia and the Middle East.“President Biden will have the opportunity over the next 70 days to make the case to the Congress and to the incoming administration that the United States should not walk away from Ukraine, that walking away from Ukraine means more instability in Europe,” Sullivan told CBS.Washington has provided tens of billions of dollars worth of US military and economic aid to Ukraine since it was invaded by Russia in February 2022, funding that Trump has repeatedly criticised and rallied against with other Republican lawmakers.Ukraine’s foreign ministry disputed a claim in the Washington Post article that Kyiv was informed of the call and did not object to the conversation taking place. “Reports that the Ukrainian side was informed in advance of the alleged call are false. Subsequently, Ukraine could not have endorsed or opposed the call,” foreign ministry spokesperson Heorhii Tykhyi told Reuters.On Friday, the Kremlin said Putin was ready to discuss Ukraine with Trump but that it did not mean that he was willing to alter Moscow’s demands.On 14 June, Putin set out his terms for an end to the war: Ukraine would have to drop its Nato ambitions and withdraw all its troops from all the territory of four regions claimed by Russia.skip past newsletter promotionafter newsletter promotionUkraine rejected that, saying it would be tantamount to capitulation, and that Zelenskyy has put forward a “victory plan” that includes requests for additional military support from the west.Also on Sunday, Trump spoke to German Chancellor Olaf Scholz. “The chancellor emphasised the German government’s willingness to continue the decades of successful cooperation between the two countries’ governments. They also agreed to work together towards a return to peace in Europe,” a German government spokesperson said.In a call last week with South Korean president Yoon Suk Yeol, Trump said the US was interested in working with Seoul in the shipbuilding industry, particularly in naval shipbuilding, as well as “promoting genuine peace and prosperity in the Asia-Pacific region,”, the South Korean leader said.Trump’s call with Putin comes just a day after Bryan Lanza, a senior political adviser to Trump, told the BBC that Ukraine should focus on achieving peace instead of “a vision for winning”.“When Zelenskyy says we will only stop this fighting, there will only be peace, once Crimea is returned, we’ve got news for President Zelenskyy: Crimea is gone,” Lanza told the BBC.After his comments, a Trump spokesperson said Lanza “was a contractor for the campaign” and that he “does not work for President Trump and does not speak for him”. More

    • 213 Shares82 Views

      in US Politics

      How a second Trump term could further enrich Elon Musk: ‘There will be some quid pro quo’

      by

      Donald Trump owes his decisive 2024 presidential victory in no small part to the enthusiastic support of the world’s richest man. In the months leading up to the election, Elon Musk put his full weight behind the Maga movement, advocated for Trump on major podcasts and used his influence over X to shape political discourse. Musk’s America Pac injected nearly $120m into the former president’s campaign.Now, Trump is looking to return the favor. Speaking with reporters last month, he said he would appoint Musk as “secretary of cost-cutting”. Musk, for his part, has joked he would be interested in serving as head of the “Department of Government Efficiency” (Doge) with a stated goal of reducing government spending by $2tn. Practically speaking, experts say those cost cuts could result in deregulation and policy changes that would directly impact Musk’s universe of companies, particularly Tesla, SpaceX, X and Neuralink.Trump administration officials, eager to maintain Musk’s support, may similarly loosen rules and reassign federal government officials to benefit Musk’s interests. It’s an explicit, openly transactional relationship unlike any seen in recent US political memory, experts said.“We’ve seen lobbying efforts, we’ve seen Super Pacs, but this is a different level we’ve never seen before,” said Gita Johar, a professor at Columbia Business School. “There will be some quid pro quo where he [Musk] will benefit.”Pausing for a moment, Johar added: “‘Conflict of interest’ seems rather quaint.”Trump: bad for electric vehicles, good for ElonTesla is already reaping the benefits of a second Trump administration. On Wednesday, just hours after the Associated Press official called the race in favor of Trump, the car company’s stock shot up 13% to a 52-week high. By the end of the week, Tesla reached $1tn in market capitalization, its highest valuation in two years. Musk’s own fortune shot up $26bn with the stock.That might seem odd considering the former president’s vocal disdain for electric vehicles. In recent years, the president-elect has referred to efforts to promote environmentally friendly cars as a “Green New Scam” and claimed EVs simply “don’t work.” He has also pledged he would end Joe Biden’s “electric vehicle mandate” on his first day in office. Biden has implemented tax credits and emissions standards that favor electric vehicles.But Trump’s hardline rhetoric against EVs started to soften almost immediately after Musk pledged his support for the candidate. Trump himself has been explicit about the reason for his shifting outlook.“I’m for electric cars,” Trump said during a campaign event in August. “I have to be, because Elon endorsed me very strongly.”Still, experts agreed a Trump administration will likely roll back tax credits for consumers looking to buy new electric vehicles. That would hurt newer EV startups and legacy carmakers that are still trying to bring down the costs of manufacturing their vehicles. By contrast, eliminating those credits may be a boon to Tesla since the company has already made extensive use of those credits to capture a commanding lead in the EV market in the US.View image in fullscreen“Tesla has the scale and scope that is unmatched,” Wedbush analyst Dan Ives said in a recent note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment.” For the rest of the electric vehicle industry, though, Trump presidency would be “an overall negative”, Ives wrote.Tesla will also find itself caught in the middle of Trump’s much-vaunted but still vague tariff proposals. Though auto tariffs could help insulate Tesla from cheap, competitive Chinese electric vehicles entering US markets from the likes of BYD, stiff import taxes would simultaneously make it much more expensive to manufacture new cars. Tesla’s supply chain is highly dependent on goods and materials from China. Steel tariffs would likely drive up the cost to produce the company’s Cybertruck, while tariffs impacting rare earth metals and minerals sourced from China would also drive up costs of semiconductors crucial to powering the fleet’s cameras and sensors.“If there is a general tariff, the price of those will skyrocket,” George Mason University Mercatus Center research fellow Matt Mittelsteadt said in an interview. “You can’t re-shore what you can’t make.” Tesla did not respond to requests for comment.Clearing a road for Musk’s autonomous vehiclesExperts say Musk’s role in the Trump administration could help chart the path for Tesla’s autonomous vehicle rollout. The company is currently being investigated by the National Highway Traffic Safety Administration (NHTSA) over the role its Autopilot and “full-self driving” features may have played in a spate of accidents, including more than two dozen fatal ones. A Trump administration favorable toward Musk’s business interest could wind down those investigations.“The specific worry with Musk and NHTSA is that the Trump administration might influence the decisions that civil servants are making to benefit the business interests of Tesla,” Cardozo School of Law professor and tech regulation expert Matthew Wansley said.Musk has also explicitly said he would try to leverage his influence in a Trump administration to streamline regulations around fully autonomous “driverless” vehicles like those operated by Waymo and Cruise. Though Tesla vehicles aren’t currently capable of the same level of autonomy, Musk recently revealed the concept for a more advanced “Cybercab” robotaxi he says will operate without a steering wheel.Current safety regulation for this level of autonomous vehicles varies by state and generally require years of testing with humans behind the wheel. Musk advocated for a “federal approval process” that would preempt those strict state rules during a third-quarter Tesla earnings call. If that weaker federal process were to be approved, Tesla may have a shorter climb to catch up with more advanced competitors.SpaceX could win lucrative government contracts for a Starlink rollout and a Mars missionFew of Musk’s endeavors have benefited as directly from government partnerships in recent years as SpaceX. The private space company secured a $3bn federal contract in 2021. It is currently competing with Jeff Bezos’ Blue Origin for a series of contracts with the US Space Force worth some $5.6bn. Musk has already asked Trump to appoint SpaceX employees to top government positions, according to the New York Times.Experts agreed Musk’s relationship with Trump would strengthen its position as a top contender for space contracts. Mittelsteadt says recent Republican opposition to the Biden administration’s beleaguered rural $42.45bn broadband initiative could also open up a new path for SpaceX’s Starlink satellite internet service. A GOP-led Federal Communications Commission, Mittelsteadt argued, could decide to pay SpaceX to expand Starlink access nationwide. Trump lauded Starlink’s role in providing internet access to hurricane survivors during a speech on election night.“The ceiling for what he could possibly get out of government contracts could be raising,” Mittelsteadt said.skip past newsletter promotionafter newsletter promotionTrump and Musk also appear united in their interest in sending a rocket to Mars. The president-elect has repeatedly praised Musk’s “beautiful, shiny white” rockets on the campaign trail and has said he wants to land a rocket on the red planet before the end of his next term.“We will land an American astronaut on Mars,” Trump said during an October rally.Musk, meanwhile, has repeatedly emphasized his dream of colonizing Mars and creating an interplanetary human species. Equally as often, he has criticized the Federal Aviation Administration (FAA) for bureaucratic “superfluous delays.” A favorable Trump administration could feel motivated to soften those rules and guidelines, experts said. SpaceX did not respond to a request for comment.Trump could reduce scrutiny on Neuralink and XTelsa and SpaceX aren’t the only Musk-owned properties that stand to thrive during a second Trump term. Neuralink, Musk’s brain-computer interface company, has drawn scrutiny from the US Food and Drug Administration over alleged issues related to record-keeping and quality controls for its animal testing. A more favorable FDA under the Trump administration could help wind down those inquiries and provide a clearer runway for the company’s future experiments. Neuralink did not respond to a request for comment.X, which Musk acquired in 2020 for $44bn, could likewise benefit during a Trump term. The platform served as an important, invaluable resource for spreading pro-Trump rhetoric during the 2024 presidential campaign. Johar, whose recent research dives into X’s rise, said its utility to Trump makes it unlikely to draw regulators’ ire under him.“I don’t see any guardrails going up in terms of verifying the truth of information that’s already gone by the wayside since X was taken over,” said Johar.‘Conflict of interest seem rather quaint’The scope of Musk’s influence in the Trump administration and US politics more broadly is just beginning. The billionaire said last week in a conversation livestreamed on X that he will continue pouring money into America PAC, his organization founded this summer to support Trump’s bid for president, and has plans to “weigh in heavily” on future elections like the 2026 midterms.“It’s impossible to imagine how much influence Elon Musk could have in this administration because there’s no precedent,” University of California Berkeley professor Dan Schnur said. “He could have spent over a billion dollars, and it would’ve still been an incredibly savvy investment for him.”Experts speaking to the Guardian unanimously agreed Musk’s potential efforts to influence policies that could directly impact his business would constitute a clear conflict of interest. Whether or not the billionaire faces substantive penalties, however, remains to be seen. Musk and the allied Trump administration could face a barrage of lawsuits alleging misconduct, but litigation alone may not prevent Musk from achieving his preferred policy agenda, experts predicted.“There are all sorts of potential conflicts of interest. The question is whether that bothers Trump or not,” Schnur said. “It’s a reasonable bet to assume that it does not.”Musk has said he would attempt to trim $2tn in government spending if appointed to the cost-cutting position in the Trump White House. Though he hasn’t fully outlined how he would achieve such a goal, the billionaire has suggested much of that belt-tightening could come from eliminating what he sees as redundant government workers and reducing overly burdensome regulations. But Mittelstead says Musk will likely face an uphill battle if tries to apply a “move fast and break things” attitude toward US government positions.“The type of cost-cutting, slash-and-burn approach that he brought to Twitter is not possible in the public sector,” Mittelstead said.It’s also an open question as to whether or not Musk and Trump’s newfound relationship can withstand the weight of two notoriously volatile personalities. Musk made headlines in 2017 when he stepped down from a pair of Trump advisory councils after disagreeing with the then-president decision to exit the Paris Climate Accords. Trump, for his part, has previously referred to Musk as a “bullshit artist”.“They’ve appeared to have developed a very strong personal rapport,” Schnur said. “But they’re also two of the most volatile personalities on the set and earth.” More