Trump says pain from tariffs 'worth the price' as Canada and Mexico retaliate
Summary
Donald Trump says tariffs on Mexico and Canada "may" bring some pain but "it will all be worth the price"
Canada and Mexico say they'll bring in retaliatory tariffs after the US imposes 25% import taxes on goods from the two countries, as well as a 10% tax on China
China says it will implement "corresponding countermeasures", and plans to file a lawsuit with the World Trade Organization
The tariffs, which Trumps says are in response to concerns around illegal immigration and drug trafficking, will come into effect from midnight on Tuesday
International reaction is starting to pour in, as France's industry minister Marc Ferracci says "it's clear we have to react"
Tariffs come at a time when inflation is a problem for consumers
Most economists will tell you tariffs are inflationary, that means they'll push up the prices businesses and consumers pay for what they buy.
It's because in the US they're paid by the company that imports the affected goods - in this case from China, Mexico or Canada - and at a time when many are already suffering from higher costs, they're likely to pass these additional costs onto their customers rather than let their profits take another hit.
And these tariffs come at a time when inflation has been a problem for a while.
Pressure grows on EU to freeze minerals deal with Rwanda over DRC fighting
Belgium leads calls for suspension of agreement after Rwanda-backed rebels captured city of Goma
The EU is under mounting pressure to suspend a controversial minerals deal with Rwanda that has been blamed for fuelling the conflict in the east of the Democratic Republic of the Congo.
Calls to freeze the agreement have grown after fighters from the Rwanda-backed M23 rebel group captured the city of Goma in the eastern DRC, escalating a decades-old conflict and raising fears of a regional war.
With the people of Goma, in North Kivu province, going hungry and relief efforts paralysed, Belgium, the former colonial power in DRC and Rwanda, is leading calls for the EU to suspend the 2024 agreement intended to boost the flow of critical raw materials for Europe’s microchips and electric car batteries.
Manipulation from AbroadGerman Election Campaign Flooded with Fake News and Videos
The German election campaign has become a magnet for fake news and AI-generated propaganda as foreign actors seek to boost the right wing. The attacks are becoming more sophisticated, and are no longer coming just from Russia, but from the U.S. as well.
German Chancellor Olaf Scholz allegedly has one. So, too, does Green Party co-chair Franziska Brantner. A multi-million-dollar villa in California.
Scholz, according to the narrative, owns a choice estate in the Hollywood Hills – or did, at least, until it was burned down in the fires. That, at least, was the claim espoused by a recent video, complete with aerial shots of a spectacular mansion.
Many videos currently circulating on social media channels, particularly TikTok, are reinforcing a popular cliché: namely that those at the top earn millions and betray the interests of ordinary people.
Ex-Charlie Hebdo artist 'Luz' wins comic book of the year at France's Angoulême festival
A graphic novel based on the true story of an Expressionist painting looted from a Jewish owner by the Nazis won the top prize at the Angoulême International Comics Festival in southwest France on Saturday. "Deux Filles Nues" (Two Naked Girls) beat out 44 in competition.
"Deux Filles Nues" (Two Naked Girls), a graphic novel about a Nazi-looted painting won Best Comic Book at France’s Angoulême Festival on Saturday. Its author, "Luz", is a former cartoonist at the satirical weekly Charlie Hebdo, who escaped the deadly 2015 Islamist attack on its Paris offices because he arrived late that day.
The album traces the true history of the 1919 painting by German Expressionist Otto Mueller, which was looted from a Jewish collector by the Nazis. It was eventually returned to his descendants after WWII.
