China’s been trying to ‘Trump-proof’ its economy amid his tariff threats, experts say
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(WASHINGTON) — Key U.S. trading partners are better equipped now to deal with President-elect Donald Trump’s tariff threats than they were during his first administration, according to experts.
China has spent the last several years trying to “Trump-proof” its economy, reducing its reliance on U.S. trade. Exports from China to the U.S. fell 20% to $427 billion in 2023.
“China’s been trying to Trump-proof its economy for the last few years,” said Neil Thomas, a fellow for Chinese politics at the Asia Society Policy Institute’s Center for China Analysis. “We know from Trump’s first term that tariff threats are often used as an opening salvo for diplomatic negotiations, so I expect there’s going to be a lot of behind-the-scenes diplomacy.”
Trump on Monday announced he plans to impose a 10% additional tariff on Chinese imports, as well as 25% tariff on products coming from Canada and Mexico.
American markets, so far, are mostly shrugging off Trump’s latest tariff threat with stock indexes mixed.
But the Canadian dollar and Mexican peso fell against the U.S. dollar and socks of global carmakers also fell — suggesting investors are waiting to see if Trump makes good on his proposals.
China has shifted and diversified exports to other regions, including Europe and Latin America. It has also increased investments in manufacturing in Southeast Asia, Europe, and Latin America, according to Scott Kennedy, Chinese business and economics specialist at the Center for Strategic and International Studies in Washington.
The bigger concern for China is Trump’s campaign vow to slap 60% tariffs on Chinese imports. That tariff threat could still come.
Trump’s latest reason for imposing tariffs on China is the flow of fentanyl into the United States.
Beijing’s Ministry of Foreign Affairs pushed back on Trump’s claim that China hasn’t done enough to stop the flow of illicit drugs.
“China is willing to continue to carry out anti-drug cooperation with the United States on the basis of equality, mutual benefit and mutual respect,” it said. “The United States should cherish China’s goodwill and maintain the hard-won good situation of Sino-US anti-drug cooperation.”
Cooperation on fentanyl is one of the big wins from President Joe Biden’s diplomacy with Chinese leader Xi Jinping. According to one senior administration official, China has been “helpful” on curbing the flow of precursor chemicals and they’ve been abiding by their commitments.
“Trump wants to take credit for that win [on fentanyl cooperation], and he wants to get even more out of Beijing than Biden to show that his approach to diplomacy is superior,” Thomas said.
Thomas said given the fact that China is still struggling to revive its economy post-pandemic, it’s possible China could take further steps on fentanyl and impose the death penalty on a few major exporters.
Experts say Beijing will likely try to use Elon Musk and other American businesses with operations in China to try to persuade the Trump administration to moderate his policies on China.
In retaliation to the tariffs, Beijing could also revoke some of the preferential treatment that it gives Tesla.
(WASHINGTON) — Senate Republicans on Wednesday elected John Thune to be the next Republican leader, succeeding Mitch McConnell in a position he’s held for 17 years.
With McConnell announcing his intent to step aside earlier this year, Thune, the current Republican whip, was running against Sen. John Cornyn, a Texas senator and former Republican whip and Sen. Rick Scott, a Florida Republican who just won reelection to his second term.
Scott was eliminated after the first round of voting by secret ballot on Wednesday before the final round.
Ahead of the vote, Republicans gathered behind closed doors for over two hours Tuesday evening to hear arguments from Thune, Cornyn and Scott, as well as other senators who are running for down-ballot leadership positions. Any other candidate who might wish to throw their name in the running for party leadership would have been permitted to do so during the meeting.
It was described by senators in the room as “energetic” but not a debate.
When the meeting was over, Thune told reporters that Tuesday night was an opportunity for the conference to hear from the candidates.
When asked specifically about the whip count, Thune remained vague.
“You never know until the voters vote,” Thune said.
Cornyn kept quiet leaving the room, “I’ll make my pitch to my colleagues, not to you.”
Even before the Tuesday meeting, the candidates were beginning to make their closing arguments and working to assert their loyalty to Trump, whose influence could certainly sway the outcome of the race.
Cornyn wrote a letter to colleagues Tuesday, obtained by ABC News, in which he repeatedly touted his commitment to Trump’s agenda and confirmation of his Cabinet selections.
“It’s imperative that Republicans hit the ground running to implement President Donald Trump’s agenda for the American people,” Cornyn wrote in the letter, citing GOP success across the House, Senate, an White House.
Scott, meanwhile, has made appearances on cable news outlets in recent days and touted his endorsements from a number of Trump-aligned outside influencers, including Elon Musk and Robert F. Kennedy Jr. He’s tried to position himself as the most Trump-aligned candidate.
And Thune, who perhaps has had the iciest relationship with Trump among the contenders, also made clear he’s been in regular contact with Trump’s team, and he’s made public statements supporting Trump proposals, including potential changes to Senate operating procedure.
Trump has not endorsed a candidate in the leadership race, opting instead to insist that whichever candidate is selected will support his use of recess appointments, which would allow him to temporarily fill federal vacancies without Senate approval.
All three candidates have signaled their willingness to use that strategy to quickly fill out Trump’s Cabinet.
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(WASHINGTON) — Catholic voters have always been a key voting bloc in every presidential election, with candidates vying hard for their support.
And this year, the battle for their votes has gotten aggressive as former President Donald Trump has repeatedly claimed, without evidence, that Vice President Kamala Harris has been anti-Catholic.
While Harris has not said the same about Trump, she has sent a message to Catholic voters that her policies are in line with their social and political views and priorities. But in reality, academics who have been studying religion’s role in politics tell ABC News that it’s not easy to pin a single label on the nation’s Catholics.
“It’s really interesting that the Catholic Church is probably one of the few places where you find people with different perspectives sitting together at Sunday Mass,” Margaret Susan Thompson, a professor of history at Syracuse University’s Maxwell School of Citizenship & Public Affairs, told ABC News.
Thompson and others said that if past election results are any indication, Catholic turnout and the choices they make at the polls will depend on a variety of factors.
Changing demographics show schism in voting patterns
Thompson, who has been researching Catholic vote trends, said that, as a whole, Catholics have been voting more Republican in the last 44 years after abortion became a major campaign issue for the Christians as a whole.
But over those decades, she noted that the makeup of American Catholics has also changed as the number of non-white Catholics has grown.
Since 2007, the share of American Catholics who are white has dropped by 8 percentage points, while the share who are Hispanic has increased by 4 points, according to data from the Pew Research Center.
“It has changed the map a lot,” Thompson said. “Latino Catholics have risen in numbers in the South and in swing states like Arizona and have brought their own perspectives on their faith and their beliefs.”
Ryan Burge, associate professor of political science at Eastern Illinois University, who has compiled data on the voting patterns of the county’s religious groups, agreed.
“The Catholic vote is full of contradictions,” Burge said. “There is a lot of cross-pressures that they face. They may be white, but also a union member. They may be against LGTBQ rights but want better immigration rights.”
Burge told ABC News that the increased diversity among Catholics has also reflected a shift in the presidential races.
In 2020, 56% of Catholic voters voted Republican, according to data he compiled from Harvard University’s Cooperative Election Study. However, when the community was broken down into race, 59% of white Catholics voted Republican last election while it was only 31% of non-white Catholics voted for the GOP.
“We see the same racial trends for most religious groups,” he explained.
Not in communion with the Catholic Church’s teaching
Thompson said the diversity also extends to Catholics’ political leanings.
For example, Pew found that 61% of all Catholics find abortion should be legal in all or most cases. An ABC News/Ipsos poll found 55% of Catholics would rather the federal government restore abortion access as it was before the Supreme Court overruled Roe v. Wade.
“Just because the hierarchy says ‘this is right, this is wrong’ doesn’t mean that every Catholic is going to follow their lead,” she said.
Burge also noted that cultural ties outside of one’s religion have factored in individual leanings of certain Catholic groups.
For example, he noted that data has shown that Latino Catholics are less in favor of promoting LGBTQ rights and socialism ideals than their white and Black counterparts.
“I think they are pulled in two directions,” he said of Latino Catholics. “Traditionally they’ve been Democratic and we’ve seen them in a majority still vote Democratic but they’ve always been culturally conservative. I think that’s where you’re seeing the shift in some Latino circles voting Republican because of the party’s messaging on those issues.”
A recent ABCNews/Ipsos poll found that Catholic likely voters are closely divided in vote preference, 51-48% Trump-Harris.
“I think they seem to be a more moderate voting bloc. I don’t think they can be taken for granted,” Burge said.
Trump slams Harris over Catholic vote on the campaign trail
Since the start of the election season, the Trump, Biden and Harris campaigns have been trying to court various religious groups.
Trump, in particular, has been sounding off in rallies, social media and interviews against Harris, calling her anti-Catholic. He’s claimed in a Truth Social post that she lost the Catholic vote due to her stance on reproductive rights and that she was “persecuting” the group.
“Any Catholic that votes for Comrade Kamala Harris should have their head examined,” he said in a Truth Social post in September.
Harris has rarely made direct comments about the Catholic vote during the campaign and did not attend the annual Al Smith Dinner hosted by the Archdiocese of New York, saying it was due to schedule conflicts.
Even though she was the first presidential candidate not to attend the dinner in 40 years, she provided a video speech that included a skit with “Saturday Night Live” alum Molly Shannon.
“The Gospel of Luke tells us that faith has the power to shine a light on those living in darkness and to guide our feet in the path of peace. In the spirit of tonight’s dinner, let us recommit to reaching across divides, to seek understanding and common ground,” she said.
Trump, in breaking with the dinner’s soft-hearted roasting, continued his attacks on Harris at the dinner.
“You can’t do what I just saw on that screen, but my opponent feels like she does not have to be here, which is deeply disrespectful to the event and in particular to our great Catholic community. Very disrespectful,” he said.
Rhetoric does little to sway Catholic voters
Despite the media attention, the experts said that Trump’s rhetoric and back-and-forth with Harris over the Catholic vote isn’t going to move the needle.
Thompson said that there are very few undecided voters left and most voters’ preferences are locked in at this point.
She also noted Trump’s attacks and messaging are no different from the language he’s used for other religious groups, such as Jewish voters, Latino voters and Black voters.
“It’s his go-to phrase: ‘They should have their head checked,'” she said.
Thompson also noted that the sentiment applies to the Vatican.
Pope Francis weighed in on the election in September and appeared to take a middle ground, claiming “One must choose the lesser of two evils.”
“Who is the lesser of two evils? That lady or that gentleman? I don’t know,” he told reporters during a news conference.
Francis did not directly name Trump or Harris or either political party, but even while noting the church’s opposition to abortion, he also emphasized a more moderate stance on social issues.
“To send migrants away, to leave them wherever you want, to leave them … it’s something terrible, there is evil there. To send away a child from the womb of the mother is an assassination, because there is life. We must speak about these things clearly,” he said.
Thompson said that the pope has contributed to a major schism among Catholics, with more conservative members dismissing his progressive stances on LGBTQ rights and the environment and more liberal members calling him out for not shifting the church’s stance on reproductive rights.
“There is selective listening to the pope by everyone,” she said. “I don’t think that his non-endorsement is really going to change people’s minds, either.”
Burge said that, at the end of the day, the moments that are going to affect the Catholic vote are in the rhetoric and actions of the candidates in the final days.
“Politicians have always had a problem speaking about religion without sounding pandering,” he said. “The public just cares about where they stand and how they are going to tackle the issues they feel are important.”
(WASHINGTON) — Three people have been charged in an alleged Iran-linked plot to assassinate President-elect Donald Trump, an Iranian-American activist and two Jewish Americans living in New York, according to a criminal complaint unsealed Friday in New York.
Farhad Shakeri, Carlisle Rivera and Jonathan Loadholt are charged with murder-for-hire, according to the U.S. Department of Justice. Rivera and Loadholt have been arrested, while Shakeri, who the FBI described as an “asset” of Iran’s Islamic Revolutionary Guard Corps, is believed to be in Tehran.
The IRGC tasked Shakeri with surveilling and killing Trump to avenge the death of Qassem Soleimani, the leader of Iran’s elite Quds Force, in a U.S. drone strike in Baghdad in January 2020, according to the complaint.
“There are few actors in the world that pose as grave a threat to the national security of the United States as does Iran. The Justice Department has charged an asset of the Iranian regime who was tasked by the regime to direct a network of criminal associates to further Iran’s assassination plots against its targets, including President-elect Donald J. Trump,” Attorney General Merrick Garland said in a statement announcing the charges.
Shakeri emigrated to the United States but was deported in 2008 after serving prison time for robbery, according to the Justice Department. While in prison, he met Rivera and Loadholt and hired them to target an Iranian American activist living in Brooklyn, according to the complaint.
The IRGC also tasked Shakeri with carrying out other assassinations against U.S. and Israeli citizens located in the United States, including Trump, the complaint alleges.
Shakeri informed law enforcement officials that he was tasked a month before the election with providing a plan to kill Trump, according to prosecutors. During the interview, Shakeri allegedly claimed he did not intend to propose a plan to kill Trump within the timeframe set by the IRGC.
He also stated he was tasked with surveilling two Jewish-American citizens residing in New York City and was offered $500,000 by an IRGC official for the murder of either victim, according to the complaint. He was also tasked with targeting Israeli tourists in Sri Lanka, the complaint said.
“Actors directed by the Government of Iran continue to target our citizens, including President-elect Trump, on U.S. soil and abroad. This has to stop,” U.S. Attorney Damian Williams said in a statement. “Today’s charges are another message to those who continue in their efforts — we will remain unrelenting in our pursuit of bad actors, no matter where they reside, and will stop at nothing to bring to justice those who harm our safety and security.”
This is a developing story. Please check back for updates.
