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Trump-Kim Summit in jeopardy after US-South Korea drill

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Trump-Kim Summit in jeopardy after US-South Korea drill

Reluctant Kim Jong-un suspends talks with South Korea

Reacting to the US-South Korea largest ever “2018 Max Thunder” joint drill throughout South Korea since May 11, in an alleged bid “to make a preemptive air-strike at North Korea”, Kim Jong-un has suspended high level talks with South scheduled for Wednesday and has also thrown doubt over Trump-Kim Summit scheduled to be held on June 12 in Singapore.

North Korean state media quoted vice foreign minister Kim Kye-gwan saying that If America “corners us and unilaterally demands we give up nuclear weapons we will no longer have an interest in talks and will have to reconsider whether we will accept the upcoming DPRK-US summit”.

North Korea believes that the military exercise threatens warming ties on the divided peninsula.

North Korea’s official Korean Central News Agency (KCNA) said, “The U.S. will have to think twice about the fate of the DPRK-U.S. summit now on high agenda before a provocative military racket against the DPRK in league with the South Korean authorities.” It further said, “We will closely watch the ensuing behaviour of the U.S. and the south Korean authorities”.

Read More: Trump: Time and Place for Summit with Kim Jong-un is fixed

The KCNA describes the US-South Korea exercise saying, “Involved in the drill are over 100 fighters of various missions including B-52 strategic nuclear bombers and F-22 Raptor stealth fighters under the supervision of the U.S. imperialist aggressor forces in South Korea and the South Korean air force. It is to last till May 25.”

A high level meeting was scheduled to be held on Wednesday. Earlier the Unification Ministry, said in a statement, “The South and North will hold a high-level inter-Korea meeting on May 16 in the Peace House in Panmunjom, to discuss the implementation of ‘Panmunjom Declaration for Peace, Prosperity, and Unification of the Korean Peninsula.”

Trump-Kim Summit in jeopardy after US-South Korea drillThe meeting was also being considered as a prelude to the historic meeting between the North Korean leader Kim Jong-un and the US President Donald Trump.

Read More: Trump reach airport to welcome US prisoners from North Korea

The official news agency said “Public opinions at home and abroad comment that the manoeuvre is the largest-ever and a reflection of the invariable stand of the U.S. and South Korea to persist in the “maximum pressure and sanctions” against the DPRK (North Korea).”

Earlier, Kim Kye Gwan, North Korea’s first vice minister in the Ministry of Foreign Affairs, was quoted in an article saying the US said “it would offer economic compensation and benefit in case we abandon (nuclear weapons).We have never had any expectation of US support in carrying out our economic construction and will not… make such a deal in future.”

North Korean official further said that if the Trump administration was “genuinely committed to improving ties with Pyongyang, they will receive a deserving response. But if they try to push us into a corner and force only unilateral nuclear abandonment, we will no longer be interested in that kind of talks and will have to reconsider … the upcoming summit.”

Read More: North Korea criticize US for misleading and provocative move

In a related development, South Korean foreign minister Kang Kyung-hwa spoke with US Secretary of State Mike Pompeo early Wednesday morning. During the conversation Pompeo has reportedly said that the preparations would continue for the Trump-Kim summit, “keeping in mid this action of the North.”

A statement issued by South Korea said, “Minister Kang and Secretary Pompeo agreed to continue close cooperation between South Korea and the United States to achieve a complete denuclearization and peace settlement on the Korean Peninsula.”

Over the weekend, Pompeo said that the US is pushing for North Korea to fully and irreversibly dismantle its nuclear program. In return US would aid North Korean economy by lifting sanctions and allowing private capital to flow into the country.

Read More: North and South come closer on Korean Peninsula

US President Donald Trump has recently been isolated on two counts: withdrawal from Iran nuclear deal signed by Iran and P5+1 in 2015 and on relocating its embassy from Tel Aviv to Jerusalem.

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Nightclub roof collapse in Dominican Republic: Toll crosses 114

As concrete slabs crashed down, more than 114 people were killed, and many others were trapped on a packed dance floor where attendees were enthusiastically enjoying a merengue concert early Tuesday morning. Authorities reported over 255 injuries.

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The iconic Jet Set nightclub in Santo Domingo was bustling with musicians, athletes, and government officials when debris began to fall from the ceiling, landing in patrons’ drinks.

Tragedy struck with the collapse of the entire roof, claiming the lives of at least 98 individuals and injuring around 160 in one of the worst nightclub disasters in the Dominican Republic’s history. As concrete slabs crashed down, more than 114 people were killed, and many others were trapped on a packed dance floor where attendees were enthusiastically enjoying a merengue concert early Tuesday morning. Authorities reported over 255 injuries.

Among the deceased was Rubby Pérez, a beloved merengue star who had been performing just moments before the calamity. His body was recovered early Wednesday, according to emergency operations director Juan Manuel Méndez.

Rescue teams continued to search for survivors more than a day after the incident. “We will remain here as long as there are reports of missing persons,” Méndez stated.

Assistance arrived from rescue teams from Puerto Rico and Israel on Wednesday to aid local officials in their efforts.

As night fell on Tuesday, families and friends still searching for their loved ones gathered outside the club, where a guitarist played soothing melodies while they sang hymns.

Only 32 victims have been identified thus far in what is marked as one of the Dominican Republic’s deadliest disasters. Reports indicate that among the victims were a cardiologist, a government architect, a retired police officer, and the brother of the vice minister of Youth.

Also among the deceased are MLB pitcher Octavio Dotel and Dominican player Tony Enrique Blanco Cabrera, as confirmed by Satosky Terrero, spokesperson for the Professional Baseball League.

Nelsy Cruz, the Governor of Montecristi province and sister of seven-time MLB All-Star Nelson Cruz, informed President Luis Abinader about the disaster. Tragically, she called for help from beneath the rubble but later succumbed to her injuries in a hospital.

Other casualties included saxophonist Luis Solís, who was performing on stage when the roof fell, several Venezuelan bartenders, and an Army officer who left behind four daughters. Grupo Popular, a financial services firm, noted that three of its employees perished, including the president of AFP Popular Bank and his wife. Unfortunately, many more victims remain unidentified.

“I’ve searched all the hospitals and haven’t found her,” lamented Deysi Suriel, who was desperately trying to locate her friend, 61-year-old Milca Curiel, during her vacation in the Dominican Republic.

Numerous anxious relatives flocked to the National Institute of Forensic Pathology to search through lists of victims, while others scoured hospitals, clutching photos of their loved ones.

“There’s a lot of pain,” commented Senator Daniel Rivera, the former public health minister. “We must exercise patience.”

Among those desperately looking for their families was Kimberly Jones, whose godson, 45-year-old artist Osiris Blanc, and his friends were unaccounted for.

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US vs China trade war: Beijing hits back with 84% tariffs after Trump’s 104% import duty

The new tariff rate, set to take effect on April 10, marks a sharp retaliation to Washington’s recent imposition of steep duties on Chinese exports.

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China US trade war

In a bold escalation of the ongoing trade dispute between the world’s two largest economies, China announced on Wednesday, April 9, that it will increase tariffs on all goods imported from the United States to 84 per cent, up from the previously stated 34 per cent.

The new tariff rate, set to take effect on April 10, marks a sharp retaliation to Washington’s recent imposition of steep duties on Chinese exports.

Last week, Beijing signalled its initial response with a 34 per cent tariff on US-origin products, reacting to fresh trade restrictions from the US.

However, following the implementation of a 104 per cent tariff on Chinese imports by the US—effective Wednesday under former President Donald Trump’s policies—China has significantly ratcheted up its countermeasures. This tit-for-tat escalation signals deepening economic tension that could disrupt global trade and supply chains.

The US tariffs, which include a baseline 10 per cent increase rolled out over the weekend and additional levies from February and March, now total a staggering 104 per cent on Chinese goods.

Trump, who returned to the presidency, had initially proposed a 34 per cent tariff hike, but after China responded with its own 34 per cent duty on American products, he vowed to add another 50 percent, bringing the total to its current level.

On Tuesday, Trump claimed that the US was “taking in almost $2 billion a day” from these tariffs, defending his strategy as a means to revive America’s manufacturing sector by forcing companies to relocate domestically.

However, the global economic fallout has been immediate and severe. Since Trump’s baseline tariffs took effect, markets worldwide have experienced dramatic sell-offs, fueling fears of a potential recession. Starting Wednesday, import tariffs from dozens of economies, including major players like India, Brazil, and the European Union, are also rising, compounding the uncertainty.

In China, senior officials, including President Xi Jinping’s top economic advisor, condemned the US moves as “unilateralism, protectionism, and economic coercion.” The advisor emphasized that China’s retaliatory measures are not only to protect its own interests but also to uphold international trade rules.

“Our firm response demonstrates our commitment to defending fairness in global commerce,” he stated, warning that Beijing would fight “to the end” against what it perceives as American aggression.

Trump, meanwhile, remains undeterred, arguing that higher tariffs will pressure companies to shift production back to the US.

During a speech on April 8 at a fundraising gala for House Republicans, he outlined plans to impose major tariffs on the pharmaceutical sector, claiming it would incentivize firms to leave China and other countries. “We’re a very big market, and when they hear about these tariffs, they’ll open plants here,” he said.

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Trump pokes fun at world leaders negotiating US tariffs, says they are dying to make a deal

“We don’t make our own pharma drugs; they’re made in other countries. The same packet that costs a certain price abroad can be priced ten times higher here,” he said.

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During a fundraising gala for House Republicans, US President Donald Trump took a swipe at world leaders eager to negotiate trade deals, mimicking their desperation with a theatrical flourish. “These countries are calling us up, and trying everything,” he quipped, before imitating their pleas: “Please, please, sir, make a deal. I’ll do anything, sir.”

Trump’s remarks, delivered with his signature bravado, underscored his aggressive stance on international trade as he addressed supporters at the event. He also took aim at rebel Republicans who have suggested that Congress should handle trade negotiations instead of the executive branch. “Let me tell you, you don’t negotiate like I negotiate,” he asserted, dismissing their approach with confidence.

The comments came on the heels of escalating trade tensions, particularly with China. Earlier, the White House confirmed that US tariffs on Chinese imports would jump to 104 percent starting Wednesday, April 9.

A White House official told CNBC that the increase would proceed as planned after Trump warned of a potential 50 percent hike unless Beijing lifted its 34 percent retaliatory tariffs on US goods by Tuesday’s deadline. Trump had set a firm noon deadline on Tuesday, emphasizing that China needed to act swiftly to avoid further escalation.

At the gala, Trump also revealed plans to impose significant tariffs on the pharmaceutical sector, arguing that the US relies too heavily on foreign production. “We don’t make our own pharma drugs; they’re made in other countries. The same packet that costs a certain price abroad can be priced ten times higher here,” he said.

“We’re going to tariff pharma in such a way that companies will come rushing to us very soon. The advantage we have is that we’re a massive market. Very shortly, I’ll announce major tariffs on pharma, and when these companies hear that, they’ll leave China and other countries because most of their products are sold here. They’ll start opening plants in the US.”

Trump’s tariff strategy extends beyond China. Earlier this month, he announced new tariffs on imports from countries including India, Brazil, Japan, and the European Union, warning that more measures would follow. These actions have sparked uncertainty among nations and triggered volatility in global financial markets, as countries brace for potential economic repercussions.

The President’s remarks at the gala, which raised funds for House Republicans, reflect his “America First” approach, prioritizing domestic industry and reducing trade deficits. However, his mocking tone and unilateral decisions have drawn criticism from allies and adversaries alike, with some fearing a return to trade wars that could disrupt global economic stability.

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