China threatens to retaliate over Trump’s 25% tariff on countries trading with Iran

US president announces measure in response to situation in Iran, which is facing anti-government protests Business live – latest updates US politics – live updates China has threatened to retaliate against Donald Trump after the US president said he would impose 25% tariffs on countries that trade with Iran as a way of punishing Tehran for its brutal crackdown on the biggest anti-regime protests in years. Liu Pengyu, the spokesperson for the Chinese embassy in Washington, said Beijing would “take all necessary measures to safeguard its legitimate rights and interests”…

Greenland says it cannot accept US takeover ‘under any circumstances’

Greenland’s government has said it “cannot under any circumstances accept” Donald Trump’s desire to take control of Greenland, as Nato’s secretary general, Mark Rutte, said the organisation was working on ways to bolster Arctic security. At the start of a critical week for the vast Arctic island, a largely self-governing part of Denmark, the US president restated his interest in the strategically located, mineral-rich territory, saying the US would take it “one way or the other”. The US president has rocked the EU and Nato by refusing to rule out…

Morality, military might and a sense of mischief: key takeaways from Trump’s New York Times interview

1. US is in Venezuela for the long haul When asked how long he would be “running Venezuela”, Trump said it would be “much longer” than a year. After Trump initially claimed that the US was running the South American country, in the hours after the operation that seized President Nicolás Maduro, members of Trump’s cabinet sought to downplay America’s role in its governance. Since then however, Trump has continued to assert that he is in fact “in charge”. Saturday’s operation in Caracas has been described by some as a…

US attack on Venezuela will decide direction of South America’s vast mineral wealth

The US’s first overt attack on an Amazon nation last weekend is a new phase in its extractivist rivalry with China. The outcome will decide whether the vast mineral wealth of South America is directed towards a 21st-century energy transition or a buildup of military power to defend 20th-century fossil fuel interests. Although this onslaught was ostensibly aimed at one corrupt dictatorship in a miserably dysfunctional country, the ramifications are far wider. Venezuela’s oil is the obvious – but not the only – objective. When the former Guardian journalist Seumas…

Trump’s new world order is being born – and Venezuela is just the start | Owen Jones

The US president has been quite clear that Cuba, Mexico, Colombia and Greenland are in his sights. We must believe him As Venezuela’s skyline lit up under US bombs, we were watching the morbid symptoms of a declining empire. That may sound counterintuitive. After all, the US has kidnapped a foreign leader, and Donald Trump has announced that he will “run” Venezuela. Surely this looks less like decay than intoxication: a superpower high on its own force. But Trump’s great virtue, if it can be called that, is candour. Previous…

US foes and allies denounce Trump’s ‘crime of aggression’ in Venezuela at UN meeting

The US has faced widespread condemnation for a “crime of aggression” in Venezuela at an emergency meeting of the United Nations security council. Brazil, China, Colombia, Cuba, Eritrea, Mexico, Russia, South Africa and Spain were among countries that on Monday denounced Donald Trump’s decision to launch deadly strikes on Venezuela and snatch its leader, Nicolás Maduro and his wife, Cilia Flores, to stand trial in the US. “The bombings on Venezuelan territory and the capture of its president cross an unacceptable line,” Sérgio França Danese, the Brazilian ambassador to the…

Trump’s attack leaves China worried about its interests in Venezuela | Amy Hawkins

Hours before his life and the fate of his country was changed dramatically, Venezuela’s leader, Nicolás Maduro, was exchanging smiles and handshakes with a Chinese delegation in the presidential palace in Caracas. On Friday evening, shortly before he was seized by US forces, Maduro wrote on Telegram of his meeting with China’s special envoy for Latin American affairs, Qiu Xiaoqi: “A fraternal meeting that reaffirms the strong bonds of brotherhood and friendship between China and Venezuela. Through thick and thin!” Those bonds will be put to the test now that…

Trump is wrong: ‘woke’ policies aren’t the real threat to Europe | Nouriel Roubini

Donald Trump’s new national security strategy offers a misguided assessment of Europe, long regarded as the US’s most reliable ally. Unrestrained immigration and other policies derided by administration officials as “woke”, it warns, could lead to “civilisational erasure” within a few decades. That argument rests on a fundamental misreading of Europe’s current predicament. While the EU does face an existential threat, it has little to do with immigration or cultural politics. In fact, the share of foreign-born residents in the US is slightly higher than in Europe. The real threat…

Five tech trends we’ll be watching in 2026

Hello, and welcome to TechScape. I’m your host, Blake Montgomery, wishing you a happy New Year’s Eve filled with cheer, champagne and Mariah Carey’s comically awful rendition of Auld Lang Syne. Today, we’re looking forward to the next year in technology news. I am watching five trends I think will define the year: datacenters will see rapid proliferation beyond the US and China; billionaires will reap billions more; self-driving cars will park themselves in a slew of brand-new locales; AI will find its niche at work; and consumer tech will…

Copper price on track for biggest rise in 15 years amid global shortage fears

Copper, the metal that underpins the fast-growing renewable energy industry, is on course for its biggest annual price rise in more than 15 years as traders react to fears of global shortages. As one of the main beneficiaries of the “electrification of everything”, copper has soared by more than 35% in value this year, spurred by US tariff uncertainty and concerns about mining disasters that could restrict supply. Analysts said copper had also joined silver and gold as a safe haven asset for investors wanting to hedge against the falling…