Trump: Why allow immigrants from ‘shithole countries’

Agencies
January 12, 2018

New Delhi, Jan 12: In bluntly vulgar language, President Donald Trump questioned Thursday why the U.S. would accept more immigrants from Haiti and “shithole countries” in Africa rather than places like Norway, as he rejected a bipartisan immigration deal, according to people briefed on the extraordinary Oval Office conversation.

Trump’s contemptuous description of an entire continent startled lawmakers in the meeting and immediately revived charges that the president is racist, reports AP.  The White House did not deny his remark but issued a statement saying Trump supports immigration policies that welcome “those who can contribute to our society.”

 Trump’s comments came as two senators presented details of a bipartisan compromise that would extend protections against deportation for hundreds of thousands of young immigrants _ and also strengthen border protections as Trump has insisted.

The lawmakers had hoped Trump would back their accord, an agreement among six senators evenly split among Republicans and Democrats, ending a months-long, bitter dispute over protecting the “Dreamers.” But the White House later rejected it, plunging the issue back into uncertainty just eight days before a deadline that threatens a government shutdown.

Dick Durbin of Illinois, the Senate’ s No. 2 Democrat, explained that as part of that deal, a lottery for visas that has benefited people from Africa and other nations would be ended, the sources said, though there could be another way for them to apply. Durbin said people would be allowed to stay in the U.S. who fled here after disasters hit their homes in places including El Salvador, Guatemala and Haiti.

Trump specifically questioned why the U.S. would want to admit more people from Haiti. As for Africa, he asked why more people from “shithole countries” should be allowed into the U.S., the sources said. The president suggested that instead, the U.S. should allow more entrants from countries like Norway. Trump met this week with Norwegian Prime Minister Erna Solberg.

Asked about the remarks, White House spokesman Raj Shah did not deny them. “Certain Washington politicians choose to fight for foreign countries, but President Trump will always fight for the American people,” he said. Trump’s remarks were remarkable even by the standards of a president who has been accused by his foes of racist attitudes and has routinely smashed through public decorum that his modern predecessors have generally embraced.

Trump has claimed without evidence that Barack Obama, the nation’s first black president, wasn’t born in the United States, has said Mexican immigrants were “bringing crime” and were “rapists” and said there were “very fine people on both sides” after violence at a white supremacist rally in Charlottesville, Virginia, left one counter-protester dead.

“Racist,” tweeted Rep. Kathleen Rice, D-N.Y., after Thursday’s story broke. Trump has called himself the “least racist person that you’ve ever met.” Critics also have questioned his mental fitness to serve as president, citing his inability to muster some policy details and his tweets asserting his “nuclear button” is bigger than North Korea’s. He responded to such criticism with a recent tweet calling himself “a very stable genius” who is “like, really smart.”

The sources spoke on condition of anonymity because they weren’t authorized to publicly describe the conversation. One said lawmakers in the room were taken aback by Trump’s remarks. The Trump administration announced late last year that it would end a temporary residency permit program that allowed nearly 60,000 citizens from Haiti to live and work in the United States following a devastating 2010 earthquake.

Trump has spoken positively about Haitians in public. During a 2016 campaign event in Miami, he said “the Haitian people deserve better” and told the audience of Haitian-Americans he wanted to “be your greatest champion, and I will be your champion.” The agreement that Durbin and Sen. Lindsey Graham, R-S.C., described to Trump also includes his $1.6 billion request for a first installment on his long-sought border wall, aides familiar with the agreement said. They required anonymity because the agreement is not yet public.

Trump’s request covers 74 miles of border wall as part of a 10-year, $18 billion proposal. Democrats had long vowed they wouldn’t fund the wall but are accepting the opening request as part of a broader plan that protects from deportation about 800,000 younger immigrants brought to the country as children and now here illegally.

The deal also would include restrictions on a program allowing immigrants to bring some relatives to the U.S. In an afternoon of drama and confusing developments, four other GOP lawmakers _ including hardliners on immigration _ were also in Trump’s office for Thursday’s meeting, a development sources said Durbin and Graham did not expect. It was unclear why the four Republicans were there, and the session did not produce the results the two senators were hoping for.

“There has not been a deal reached yet,” said White House spokeswoman Sarah Huckabee Sanders. But she added, “We feel like we’re close.” Underscoring the hurdles facing the effort, other Republicans also undercut the significance of the deal the half-dozen senators hoped to sell to Trump.

“How do six people bind the other 94 in the Senate? I don’t get that,” said No. 2 Senate Republican John Cornyn of Texas. Cornyn said the six lawmakers were hoping for a deal and “everyone would fall in line. The president made it clear to me on the phone less than an hour ago that he wasn’t going to do that.”

The six senators have been meeting for months to find a way to revive protections for young immigrants who arrived in the U.S. as children and are here illegally. Trump ended the Obama-era Deferred Action for Childhood Arrivals program last year but has given Congress until March 5 to find a way to keep it alive.

Federal agencies will run out of money and have to shut down if lawmakers don’t pass legislation extending their financing by Jan. 19. Some Democrats are threatening to withhold their votes _ which Republicans will need to push that legislation through Congress _ unless an immigration accord is reached. Cornyn said the real work for a bipartisan immigration deal will be achieved by a group of four leading lawmakers _ the No. 2 Republicans and Democrats in both the House and Senate. That group met for the first time this week.

The immigration effort seemed to receive a boost Tuesday when Trump met with two dozen lawmakers and agreed to seek a bipartisan way to resuscitate the program. The group agreed to also include provisions strengthening security _ which for Trump means building parts of a wall along the border with Mexico _ curbing immigrants’ relatives from coming here and restricting the visa lottery.

Also in Thursday’s Oval Office meeting were House Majority Leader Kevin McCarthy, R-Calif., House Judiciary Committee Chairman Bob Goodlatte, R-Va., and GOP Sens. Tom Cotton of Arkansas and David Perdue of Georgia. Aides to lawmakers who attended declined to provide comment on Trump’s remarks.

Any immigration deal would face hurdles winning congressional approval. Many Democrats would oppose providing substantial sums for Trump’s campaign promise to build a wall along the border with Mexico. Many Hispanic and liberal members of the party oppose steps toward curtailing immigration such as ending the visa lottery and restricting the relatives that legal immigrants could bring to the U.S.

Among Republicans, some conservatives are insisting on going further than the steps that Trump has suggested. They want to reduce legal immigration, require employers to verify workers’ citizenship and block federal grants to so-called sanctuary cities that hinder federal anti-immigrant efforts.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
June 17,2020

Washington, Jun 17: The United States is closely monitoring the situation following a fierce clash between Indian and Chinese forces in eastern Ladakh and hopes that the differences will be resolved peacefully, officials said here.

Twenty Indian Army personnel including a colonel were killed in the clash with Chinese troops in the Galwan Valley in eastern Ladakh on Monday night, the biggest military confrontation in over five decades that has significantly escalated the already volatile border standoff in the region.

"We are closely monitoring the situation between Indian and Chinese forces along the Line of Actual Control," a State Department spokesperson said.

"We note the Indian military has announced that 20 soldiers have died, and we offer our condolences to their families," the official said.

Both India and China have expressed their desires to de-escalate and the US supports a peaceful resolution of the current situation, the spokesperson said.

"During their phone call on June 2, 2020, President Donald Trump and Prime Minister Narendra Modi had discussed the situation along the India-China border," the official added.

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Agencies
April 20,2020

Hong Kong, Apr 20: Oil prices collapsed to more than two-decade lows Monday as traders grow concerned that storage facilities are reaching their limits, while equities were mixed, with some support coming from signs that the coronavirus may have peaked in Europe and the United States.

US crude benchmark West Texas Intermediate briefly plunged almost 20 percent to below 15 -- its lowest since 1999 -- as stockpiles continue to build owing to a crash in demand caused by the COVID-19 pandemic.

Analysts said this month's agreement between top producers to slash output by 10 million barrels a day was having little impact on the oil crisis because of lockdowns and travel restrictions that are keeping billions of people at home.

WTI was hit particularly hard as its main US storage facilities in Cushing, Oklahoma, were filling up.

ANZ said "crude oil prices remained under pressure, as projections of weaker demand weigh on sentiment".

"Despite the OPEC+ alliance agreeing to an unprecedented cut in output, the physical market is awash with oil," it said, referring to the Organization of the Petroleum Exporting Countries and non-OPEC partners.

And AxiCorp's Stephen Innes added: "It's a dump at all cost as no one... wants delivery of oil, with Cushing storage facilities filling by the minute.

"It hasn't taken long for the market to recognise that the OPEC+ deal will not, in its present form, be enough to balance oil markets." Stock traders were in slightly more buoyant mood as governments start to consider how and when to ease lockdowns that have crippled the global economy.

Italy, Spain, France and Britain reported drops in daily death tolls and slowing infection rates.

"We are scoring points against the epidemic," said Prime Minister Edouard Philippe, while insisting "we are not out of the health crisis yet".

Meanwhile, in the US, Andrew Cuomo, governor of badly hit New York state, said the disease was "on the descent", though he cautioned it was "no time to get cocky".

Mounting evidence suggests that the lockdowns and social distancing are slowing the spread of the virus.

That has intensified planning in many countries to begin loosening curbs on movement and easing the crushing pressure on national economies.

Adding to the sense of hope was a report indicating promising research on a drug to treat coronavirus.

Hong Kong, Shanghai and Seoul were each up 0.1 percent, while Wellington added 0.4 percent.

However, Tokyo went into the break 0.9 percent lower, while Sydney and Manila dropped one percent apiece. There were also losses in Taipei, Singapore and Jakarta.

"The longer investors have to contemplate future economic issues while they wait for more countries to be on the downward slope of the pandemic curve, the more scope there is of risk assets pricing in a difficult future," Chris Iggo, of AXA Investment Managers UK, said.

Investors are keeping an eye on Washington, where Congress and the White House are working towards a 450 billion economic relief plan for small business to add to the trillions already pledged to support the economy.

Big-name companies including IBM, Netflix and Coca-Cola are due to deliver their earnings reports.

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