Trump announces 20% tariff on Vietnamese exports in scaled-back trade move
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as...
President Joe Biden on Monday issued preemptive pardons for Gen. Mark Milley, Dr. Anthony Fauci, and members of Congress who served on the committee investigating the January 6, 2021, attack on the Capitol, using extraordinary executive prerogative as a shield against revenge by his incoming successor, Donald Trump.
The pardons, coming in the final hours of Biden’s presidency, amount to a stunning flex of presidential power that is unprecedented in recent presidential history. They serve to protect several outspoken critics of the incoming president, including former Republican Rep. Liz Cheney, whom Trump has vowed retribution against.
“These are exceptional circumstances, and I cannot in good conscience do nothing,” Biden wrote in a statement, issued hours before he was set to welcome Trump to the White House for tea before attending his swearing-in. “Baseless and politically motivated investigations wreak havoc on the lives, safety and financial security of targeted individuals and their families.”
Biden had been weighing issuing the pardons in the waning days of his presidency, concerned Trump would enter office and immediately seek to prosecute his adversaries. In his statement, he spelled out his rationale, saying “alarmingly, public servants have been subjected to ongoing threats and intimidation for faithfully discharging their duties.”
The recipients of Biden’s pardons have all faced intense criticism from Trump and his allies.
Fauci served as director of the National Institute of Allergy and Infection Disease for decades, including during the outbreak of Covid in Trump’s first presidency, and Milley served as chairman of the Joint Chiefs of Staff during Trump’s first term and has warned Trump is a fascist.
Biden, in his statement, noted that the pardons did not denote guilt.
“The issuance of these pardons should not be mistaken as an acknowledgment that any individual engaged in any wrongdoing, nor should acceptance be misconstrued as an admission of guilt for any offense. Our nation owes these public servants a debt of gratitude for their tireless commitment to our country,” he wrote.
As he weighed preemptive pardons over the past several days, the president has made clear in conversations with aides that he does not believe those who received them were guilty of any crimes – and voiced concern that pardoning them could connote guilt, according to people familiar with the conversations.
Ultimately, Biden put aside those concerns with the view that providing protection would outweigh the potential implication of guilt.
In doing so, he is taking a step that’s unprecedented in presidential history. Preemptive pardons on such a sweeping scale have never previously been issued. When President Gerald Ford pardoned his predecessor, Richard Nixon, the 37th president was facing a real threat of prosecution. None of those on Biden’s list appeared at risk of imminent legal action, but Biden believed the threat was real enough that protection was necessary.
In a statement to CNN, Milley said he and his family were “deeply grateful” for Biden’s action.
“After forty-three years of faithful service in uniform to our nation, protecting and defending the Constitution, I do not wish to spend whatever remaining time the Lord grants me fighting those who unjustly might seek retribution for perceived slights,” Milley said. “I do not want to put my family, my friends, and those with whom I served through the resulting distraction, expense, and anxiety.”
Some of those who were issued the last-minute pardons did not get a heads-up, a person familiar tells CNN.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The World Health Organization has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
The European Union has raised Ukraine's electricity export capacity by 38.5%, enabling the country to generate additional revenue to repair energy infrastructure damaged by Russian attacks.
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment while stopping short of U.S. calls to adopt a higher military spending target.
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
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