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Trump threatens to pull US out of World Trade Organization

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JOBS REPORT: U.S. payrolls jump by 266,000, smashing expectations

…To extend ban on citizens’ travel to North Korea***

… As US military video purports to show arms smuggling off Yemen***

President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO), claiming it treats the country unfairly.

“If they don’t shape up, I would withdraw from the WTO,” Mr Trump said in an interview with Bloomberg News.

The WTO was established to provide rules for global trade and resolve disputes between countries.

Mr Trump says the body too often rules against the US, although he concedes it has won some recent judgments.

He claimed on Fox News earlier this year that the WTO was set up “to benefit everybody but us”, adding: “We lose the lawsuits, almost all of the lawsuits in the WTO.”

However, some analysis shows the US wins about 90% when it is the complainant and loses about the same percentage when it is complained against.

Mr Trump’s warning about a possible US pull-out from the organisation highlights the conflict between the president’s protectionist trade policies and the open trade system that the WTO oversees.

US-China trade row: What has happened so far?

Is Trump the WTO’s biggest threat?

Is Trump right about trade?

Washington has also recently been blocking the election of new judges to the WTO’s dispute settlement system, which could potentially paralyse its ability to issue judgments.

US Trade Representative Robert Lighthizer has also accused the WTO of interfering with US sovereignty.

What’s Trump’s issue with the WTO?

The US president has been sounding off about unfair trade since even before he became president.

Mr Trump said on Thursday that the 1994 agreement to establish the WTO “was the single worst trade deal ever made”.

The US has been embroiled in a tit-for-tat trade battle on several fronts in recent months.

The one creating the most interest is with China, as the world’s two largest economies wrangle for global influence.

Mr Trump has introduced tariffs on a number of goods imported into the US.

Early victims of Trump’s trade war

What is a trade war and should I worry?

Six ways China could retaliate in a trade war

A third round of tariffs on $200bn (£154bn) of Chinese goods could come as soon as a public-comment period concludes next week, according to a Bloomberg report citing various sources.

Asked to confirm this during the Bloomberg interview, President Trump said that it was “not totally wrong”.

China has responded to US tariffs by imposing retaliatory taxes on the same value of US products and has filed complaints against the tariffs at the WTO.

China’s commerce ministry has said it “clearly suspects” the US of violating WTO rules.

An initial complaint at the WTO was filed by China in July after Mr Trump imposed his first round of tariffs.

The WTO is at the heart of the system of rules for international trade.

It is the forum for sorting disputes between countries about breaches of global trade rules and for negotiating new trade liberalisation.

In the meantime, the US State Department said on Thursday it had decided to extend by a year its ban on US citizens’ travel to North Korea, citing continued concerns about the threat of arrest and long-term detention of US nationals there.

The two countries are involved in talks intended to ease tensions between them, and US President Donald Trump met with North Korea`s leader Kim Jong Un in June.

Since then relations have cooled and a planned visit by the top U.S. diplomat to North Korea was scrapped last week because Trump said insufficient progress toward denuclearization had been made.

The ban, which went into effect on Sept. 1, 2017, had been set to expire on Friday. It will be extended through Aug. 31, 2019, the State Department said in a notice to be published in the Federal Register on Friday.

Meanwhile, a U.S. military video released early Friday purported to show small ships in the Gulf of Aden smuggling weapons amid the ongoing war in Yemen, with officials saying they seized over 1,000 arms from the vessels.

The seizure by the guided-missile destroyer USS Jason Dunham may mark the first such interdiction of weapons at sea bound for Yemen in years for American forces patrolling the region.

However, the military did not identify the weapons seized, nor did they say whom they suspected of smuggling the weapons. The U.S. Navy’s 5th Fleet, based in Bahrain, did not respond to multiple requests for comment.

The short video clip appeared to show a skiff and a dhow, a traditional ship that commonly sails the waters of the Persian Gulf region. As the vessels bob in the high waves, people on the dhow toss large boxes into the skiff.

“The guided-missile destroyer USS Jason Dunham . conducted a flag verification boarding aboard a dhow and skiff in accordance with customary international law, finding both vessels to be stateless, and over 1,000 weapons aboard the skiff,” a caption for the video reads.

The U.S. military did not offer a location for the seizure in the Gulf of Aden, which has Yemen to its north and Somalia to its south. Smuggling of drugs, weapons and charcoal into and out of Somalia by criminal gangs and militant groups remains common.

The 5th Fleet repeatedly has accused Iran of smuggling arms via the sea to Yemen’s Shiite Houthi rebels. It points to seizures over a four-week period in early 2016, when coalition warships stopped three dhows in the Arabian Sea. The dhows carried thousands of Kalashnikov assault rifles as well as sniper rifles, machine guns, rocket-propelled grenade launchers, anti-tank missiles and other weapons.

One dhow carried 2,000 new assault rifles with serial numbers in sequential order, suggesting they came from a national stockpile, a report by the group Conflict Armament Research said. The rocket-propelled grenade launchers also bore hallmarks of being manufactured in Iran, the group said.

BBC with additional report from Zee and Fox

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U.S. strikes 2 targets in Syria in response to ‘continued attacks’

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The U.S. military struck two facilities in eastern Syria used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and Iran-affiliated groups in response to “continued attacks” against U.S. personnel in Iraq and Syria, the Pentagon said on Sunday.

The strikes were conducted against a training facility in Abu Kamal and a safe house in Mayadin in the eastern governorate of Deir Ezzor, U.S. Defense Secretary Lloyd Austin said in a brief statement.

The U.S. struck similar targets in eastern Syria in October and earlier in November.

Pro-Iranian militias have intensified their attacks on U.S. military bases in Syria and Iraq in recent weeks as a response to the Israeli military campaign in Gaza.

The security situation in the entire region has been particularly tense since Oct. 7, when Hamas militants staged deadly attacks in southern Israel.

Israel is responding with an overwhelming air and ground offensive in Gaza.

As a deterrent, the U.S. has moved more weapons systems, warships and air squadrons to the Eastern Mediterranean, and is deploying several hundred troops to the Middle East to support US units there.

U.S. President Joe Biden had ordered Sunday’s action to make it clear that the U.S. was defending itself, its personnel, and its interests, Austin stressed.

The U.S. is prepared to take further necessary measures to protect its own people and interests.

  • dpa
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Russia writes off $23bn debt for Africa – Putin

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Russia sends almost 12m tons of grain to Africa says Putin

…Pledges additional $90 million***

Vladimir Putin, the Russian President, says the Russian Government has written off $23 billion debt burden of African countries.

Putin spoke at the plenary session of the ongoing second Russia–Africa Summit 2023 held from July 27 to July 28.

He said Moscow would allocate an additional $90 million for these purposes.

Putin said Russia was advocating the expansion of representation of African countries in the UN Security Council and other UN structures.

“Russia and Africa strive to develop cooperation in all areas and strengthen ‘honest, open, constructive’ partnership.

“Russia will also assist in opening new African embassies and consulates in Russia,” he said.

According to him, the reopening of embassies in Burkina Faso and Equatorial Guinea is going as planned.

He said sovereignty was “not a one-time achieved state,” and it must be constantly protected.

Putin also offered assistance to Africa in countering threats such as terrorism, piracy, and transnational crimes adding that it would continue to train personnel from African countries.

He assured that Russian businesses have a lot to offer partners from Africa.

Putin said transition to national currencies and the establishment of transport and logistics chains would contribute to the increase in mutual trade turnover.

“Russia is ready to provide trade preferences to Africa, support the creation of modern production sectors, agricultural sector, and provide assistance through relevant international structures and agencies.

“Russia will always be a responsible international supplier of agricultural products,” he said.

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U.S. Coastguard Finds ‘debris field’ Near Missing Vessel

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A “debris field” has been discovered within the search area for the missing Titan submersible, the U.S. Coastguard (USCG) said on Thursday.

The agency said a remotely-operated vehicle made the discovery near the wreckage of the Titanic on Thursday.

The hunt for the missing deep-sea vessel is still an “active search and rescue” mission after it lost communication on Sunday.

The vessel was about 700 kilometres south of St John’s, Newfoundland, during a voyage to the Titanic shipwreck off the coast of Canada.

Coastguard officials said they were “evaluating the information” following Thursday’s debris discovery.

A press conference will be held at the Coastguard base in Boston to “discuss the findings” at 8pm (1900 GMT).

Rear Admiral John Mauger, the first Coastguard district commander, and Captain Jamie Frederick, first Coastguard district response coordinator, will lead the press conference.

Founding member of the Board of Trustees of The Explorers Club, Hamish Harding, was on board the undersea craft, alongside UK-based businessman Shahzada Dawood, his son Suleman Dawood, and OceanGate’s chief executive and founder Stockton Rush, as well as French submersible pilot Paul-Henri Nargeolet.

The USCG said the ROV that made the discovery was from the Canadian Horizon Arctic ship – with the debris being found on the sea floor near the Titanic wreckage.

Assistance from the Royal Air Force (RAF) is due to arrive in St John’s on Thursday after it confirmed a request was received overnight for help with the movement of additional commercial equipment.

Two RAF planes, a C-17 Globemaster and A400 Atlas, departed RAF Lossiemouth in north-east Scotland on Thursday.

A British submariner and equipment from a UK firm have been sent to help the search at the request of the U.S. Coastguard, Downing Street said.

Royal Navy submariner Lieutenant Commander Richard Kantharia, who was on exchange with the U.S. Navy, has been seconded to the search and rescue team.

OceanGate Expeditions estimated the oxygen supply on the 6.7 metre-long vessel would last 96 hours, giving rescuers a deadline of around midday on Thursday.

Experts said the chances of finding the sub and rescuing those inside were diminishing.

Former Royal Navy submarine captain Ryan Ramsey told the PA news agency: “The outlook is bleak, that’s the only word for it as this tragic event unfolds and almost the closing stages of where this changes from rescue to a salvage mission.”

The Titan is believed to be about 900 miles east and 400 miles south of Newfoundland.

It is not known how deep the vessel is, with the seabed being around 3,800 metres from the surface. 

– dpa

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