Trump tariffs latest news: Vance says good chance of UK trade deal and praises ‘cultural affinity’ with Britain

The Chinese airlines were ordered to no longer take Boeing aircraft deliveries in response to the US decision to increase rates on Chinese goods to 145 percent, Bloomberg News reports.

Sources familiar with the case told the News Services that Beijing also asked airlines to stop buying any aircraft -related equipment and parts of US businesses.

Airlines that rent Boeing jets and now face higher costs can also receive help from the Chinese government, the sources told Bloomberg.

Ed Davey, the British Liberal Democratic leader, says Parliament should vote any tariff agreement with the US that undermines “British farmers” or negatively affects the NHS.

“A good trade agreement with the US could have major benefits, but Trump is an unreliable partner who breaks transactions whenever he feels.

“The government must commit to protecting our NHS, farmers and online safety laws, and not exchanging them, just to make Donald Trump disappear.”

Ireland’s Deputy Prime Minister said it would be ‘bizarre’ for the US to further raise rates during negotiations with the European Union.

“In any good faith -negotiation, you should never take steps to increase the situation,” Simon Harris said Tuesday before a cabinet meeting in Dublin.

“I mean, it would be bizarre and not good if one of the parties in the middle of discussions about trade was one of the parties until the talks were to do something that could do the other economic damage or damage.

Donald Trump singled out pharmaceutical businesses operating from Ireland for higher duties, but Harris said the companies are based on access to the European market, which can also be “just good for the US economy”.

“So it is a mutual, interdependent relationship, and I really hope, if some standards of meaningful discussions are given, good progress can be made,” Harris said.

British Minister of Business and Trade, Sarah Jones, welcomed JD Vance’s comments and said Britain is in a ‘good position’ to negotiate.

Yesterday, the Vice President said Donald Trump “worked very hard” on an agreement with Britain to increase or facilitate the rates possible.

With LBC, Jones said: ‘The conversations continue, I can’t update more than that.

“We know we’re in a good position. We have good conversations. The Secretary of State (Jonathan Reynolds) had good discussions with his partners, and there is a deal to do, but when it will be done, I will not be able to tell, but it is positive that the vice president is positive about our negotiations.”

South Korea is working to delay the reciprocal rates as much as possible, the country’s finance minister said.

Choi Sang-Mok told Parliament that the country negotiated with the US on 25 percent tariffs delayed by the Trump administration by 90 days.

“From our national interest perspective, the idea is to negotiate as much as possible and take it under the new government,” he said when asked about Seoul’s response.

South Korea will hold a snap election on June 3 to choose a new president, after Yoon Suk Yeol was discharged this month over his controversial and short-lived martial law in December.

Chinese President Xi Jinping urged Vietnam to oppose “one -sidedism and bullying practices” as the trade war between Beijing and the US continues.

XI is on a state visit to the South Asian nation, which is also facing the US Recipient Tariff Program under the Trump administration’s reciprocal tariff program.

State Media turnover Xinhua reported the Chinese president that he requested Vietnam to join Beijing in the contrast of oneerism and protectionism.

While Xi did not mention America by the name, China’s Ministry spokesman said the US had injured the entire world with its high tariffs.

“The US uses tariff as a weapon to exert maximum pressure and seek selfish profits, and put its own interests on the public community of the international community,” Lin Jian said at a press conference on Monday.

“It is a typical step of one -sidedness, protectionism and economic bullying, which severely harms the interests of China, the EU and the rest of the world.”

The Trump administration freezes more than $ 2.2 billion in grants for Harvard University after the school refused to meet the White House list of claims.

The freezing of funding, as well as a freezing point on $ 60 million contracts, comes because the White House is still trying to push the country’s most prestigious universities to meet Donald Trump’s agenda.

The White House targeted seven schools, including Harvard, who demanded broad leadership, management and admission reforms.

In a letter to Harvard, the administration made a long list of claims, including that Harvard wasted all diversity, fairness and inclusion programs, that it reformed his admissions for international students and took audits from his international student program and took student groups.

Harvard challenged the Trump administration’s orders and said in an answer letter: “The university will not surrender its independence or relinquish its constitutional rights.”

The administration also interrupted federal financing for Brown, Princeton, Cornell, North West and the University of Pennsylvania. Colombia was also targeted, and the school released to the government’s demands.

US Vice President JD Vance said Washington “worked very hard” there was a ‘good chance’ that a trade agreement with the UK could be reached.

“We are definitely working very hard with the government of Keir Starmer,” Vance told the Unherd website.

US President Donald Trump imposed the rates on imports to the US, caused the global economy to disappear and tumbled share prices and provoked the fear of a global recession.

Since then, Trump has rowed back on rates, reducing the rate paid on the import of most countries to 10 percent and released electronics such as smartphones and laptops of the levy on Saturday.

‘The president loves the UK. He loved the queen. He admires and loves the king. This is a very important relationship. And he is a businessman and has a number of important business relations in [Britain]. But I think it’s much deeper than that.

‘There is a real cultural affinity. And of course America is an Anglo country. I think there is a good chance that we will come to a good deal that is in the best interests of both countries. ” He added.

Vance added that the ‘reciprocal relationship’ between the US and the UK has given Britain a more beneficial position than other European countries to negotiate new trade agreements.

“While we love the Germans, they are very dependent on exports to the United States, but they are very difficult for many American companies who want to export to Germany.”

President Donald Trump claimed that Chinese President Xi Jinping Southeastern Asian countries were visiting ways to “screw” the US

China and Vietnam signed dozens of cooperation agreements yesterday, strengthening the ties between communist countries during XI’s visit to Hanoi.

Xi is in Vietnam for the first leg of a tour in Southeast Asia, while Beijing tries to offer himself as a stable alternative to a volatile Trump after his imposition of wipe rates. Xi warned that protectionism “does not lead anywhere” and that a trade war “would have no winners”.

In response to his visit, Trump said: ‘I don’t blame China; I don’t blame Vietnam. ‘ “It’s a lovely meeting. Meeting like finding out: ‘How can we screw the United States? ”

Vietnam was hit by one of the highest rates of 46 percent earlier this month.