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Donald Trump wants to redraw the political map of the world. His vision seems to be that smaller countries – such as perhaps Greenland, Ukraine and Taiwan – should fall under the sway of their local big power as the US, Russia and China expand their regional zones of influence.

There is a vicious logic to this new world order if one excludes the principles of democracy, independence, co-existence, borders and basic rights for all nations, regardless of size. It simply asserts that might is right. Mr Trump believes the US is the mightiest country and he is set on Making America Great Again at home and abroad.

Sucking up to the presidency

This is a grim prospect for a middle-sized post-imperial power like the United Kingdom. The leaders of Labour, the Conservatives, and Reform UK have chosen not to go public with any private misgivings they may have about the Trump administration’s intentions. They have all concluded that sucking up is the best way to handle the new presidency.

Many have wondered whether Donald Trump, a great admirer of King Charles, realises that Charles is currently also Canada's head of state, writes Sky's Rhiannon Mills. Pic: Jaimi Joy/Pool photo via AP
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King Charles. Pic: AP

This explains the astonishing reports that the King might invite the United States to become an associate member of the Commonwealth when Mr Trump visits him in Scotland later this year to plan his second state visit to this country.

Mr Trump has already welcomed the news about joining up with the Commonwealth. “I love King Charles. Sounds good to me!” he posted on his Truth Social platform.

There has been no official invitation to the president. “Associate” membership of the organisation does not exist. New members require the agreement of all 56 existing member countries. It is not up to the King, who is nominal head of the Commonwealth, or even the British government. And it is not called “the British” Commonwealth anymore.

More on Commonwealth

Still, stranger things have happened – will happen again now Mr Trump is back in the White House.

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The first approach may merely be an invitation to become an associate of the Royal Commonwealth Society (RCS), which describes itself as “a network of individuals and organisations committed to improving the lives and prospects of Commonwealth citizens across the world”.

The RCS has already offered that to Mr Trump in 2017 shortly after his first election. Nigel Farage delivered the letter in person. Like most clubs the RCS is hungry to expand and has also put out feelers to Ireland and Nordic countries.

Neither Mr Trump nor the British government would leave it at this trivial level. He is a great disrupter always on the lookout for the upside in any deal and with a record of turning some ideas which seemed laughable into reality.

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Why is Trump getting a second state visit?

Starmer government has overlooked everything

The prime minister laid it on thick in the Oval Office with the “unprecedented”, “historic” second state visit invitation. Most US presidents, including those who have been conspicuous friends of this country, never get one.

The Starmer government has decided not to criticise the Trump administration. They have overlooked everything from claiming Canada as the 51st state to top officials breaching security on a Signal phone group in which they expressed “hate” for “PATHETIC” European “freeloaders”. In direct contrast to their Americanophilia, ministers are reluctant to discuss closer ties with Europeans.

It would be entirely consistent with this government’s sycophancy to try to engineer a further inducement to the US in the form of closer involvement in the Commonwealth, a last vestige of UK soft power.

Sir Keir Starmer the Trump charmer.
Pic: PA
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Sir Keir Starmer and Donald Trump. Pic: PA

Trump as the King’s successor?

Mr Trump would see any deal as a takeover in which he was the equal to the King, and his probable successor as head of the Commonwealth. He would be likely to try to remake the organisation with a so-called “White Commonwealth” dominating the other members.

That would go down well with his ethno-nationalist supporters back home. It is already the vision of one British champion of US participation.

“Commonwealth union – not least a CANZUK union between Australia, Canada, New Zealand and the UK – really should be a cross-party no-brainer for the British. What exactly does the UK have to lose?” asks the political commentator Jonathan Saxty in The Daily Express.

This nation’s integrity would be at stake. Only a truly “perfidious Albion” would let Mr Trump into the Commonwealth in the hope of buying his favour.

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What happened when Starmer met Trump?

The King would not be happy

The King, who has done his best to indicate support for his realm of Canada against Mr Trump’s threats, would not be happy. The legs would still be knocked out from under Canada’s resistance. All Commonwealth members would face the option of going it alone outside the alliance or bowing to Mr Trump. The US would meanwhile try to exploit old British ties to counter China’s growing influence in Africa and Asia.

There are already some in the UK ready to throw in their lot with the US. But not all of the coalition which elected Mr Trump agrees with his imperialistic expansionism.

America First isolationists tore into him after his “sounds good” comment, on his own Truth Social network. One wrote: “HELL NO !!! We left UK & kicked their asses once, NEVER going back. Personally I don’t associate with TYRANTS. All of their ‘commonwealth’ can F off, eh !!! SCUMBAGS !!!”

Another posted: “No! King Charles has been amongst the top players of WEF, for years. He’s a globalist. Americans do not want to join their Commonwealth. The U.K. allowed itself to fall to muslim invaders & Charles has ‘secret offer’ for you? Hard no from ALL of your supporters!”

Alex Jones of the conspiracy website Infowars warned: “If you really try to make America join the British Commonwealth, 1776 will commence again!” adding, “I love Trump overall… but sometimes he does just the most terrible things.”

No sign Trump’s fanbase is deserting him

Terrible or not, there is no sign this fanbase is deserting the president. As their Signal chat showed his closest aides embrace his simplistic, extractive, what’s the “economic upside” for us approach to foreign relations.

The British government should think very carefully about what they are prepared to offer up voluntarily to a rapacious American bully in this global geopolitical struggle.

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Stock markets slump for second day running after Trump announces tariffs – in worst day for indexes since COVID

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Stock markets slump for second day running after Trump announces tariffs - in worst day for indexes since COVID

Worldwide stock markets have plummeted for the second day running as the fallout from Donald Trump’s global tariffs continues.

While European and Asian markets suffered notable falls, American indexes were the worst hit, with Wall Street closing to a sea of red on Friday following Thursday’s rout – the worst day in US markets since the COVID-19 pandemic.

As it happened: Worst week’s trading in five years

All three of the US’s major indexes were down by more than 5% at market close; The Dow Jones Industrial Average plummeted 5.5%, the S&P 500 was 5.97% lower, and the Nasdaq Composite slipped 5.82%.

The Nasdaq was also 22% below its record-high set in December, which indicates a bear market.

Read more: What’s a bear market?

Ever since the US president announced the tariffs on Wednesday evening, analysts estimate that around $4.9trn (£3.8trn) has been wiped off the value of the global stock market.

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Mr Trump has remained unapologetic as the markets struggle, posting in all-caps on Truth Social before the markets closed that “only the weak will fail”.

The UK’s leading stock market, the FTSE 100, also suffered its worst daily drop in more than five years, closing 4.95% down, a level not seen since March 2020.

And the Japanese exchange Nikkei 225 dropped by 2.75% at end of trading, down 20% from its recent peak in July last year.

Pic: Reuters
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US indexes had the worst day of trading since the COVID-19 pandemic. Pic: Reuters

Trump holds trade deal talks – reports

It comes as a source told CNN that Mr Trump has been in discussions with Vietnamese, Indian and Israeli representatives to negotiate bespoke trade deals that could alleviate proposed tariffs on those countries before a deadline next week.

The source told the US broadcaster the talks were being held in advance of the reciprocal levies going into effect next week.

Vietnam faced one of the highest reciprocal tariffs announced by the US president this week, with 46% rates on imports. Israeli imports face a 17% rate, and Indian goods will be subject to 26% tariffs.

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Do Trump’s tariffs add up?

Read more:
Markets gave Trump a clear no-confidence vote
There were no winners from Trump’s tariff gameshow

China – hit with 34% tariffs on imported goods – has also announced it will issue its own levy of the same rate on US imports.

Mr Trump said China “played it wrong” and “panicked – the one thing they cannot afford to do” in another all-caps Truth Social post earlier on Friday.

Later, on Air Force One, the US president told reporters that “the beauty” of the tariffs is that they allow for negotiations, referencing talks with Chinese company ByteDance on the sale of social media app TikTok.

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Tariffs: Xi hits back at Trump

He said: “We have a situation with TikTok where China will probably say, ‘We’ll approve a deal, but will you do something on the tariffs?’

“The tariffs give us great power to negotiate. They always have.”

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Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem

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Financial markets were always going to respond to Trump tariffs but they're also battling with another problem

Global financial markets gave a clear vote of no-confidence in President Trump’s economic policy.

The damage it will do is obvious: costs for companies will rise, hitting their earnings.

The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

Tariffs latest: FTSE 100 suffers biggest daily drop since COVID

Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

Hopes that his actions may not match his rhetoric were dashed on Wednesday as he imposed sweeping tariffs on the US’ trading partners, ratcheting up protectionism to a level not seen in more than a century.

Markets were always going to respond to that but they are also battling with another problem: the lack of certainty when it comes to Trump.

More on Donald Trump

He is a capricious figure and we can only guess his next move. Will he row back? How far is he willing to negotiate and offer concessions?

Read more:
There were no winners from Trump’s tariff gameshow
Trade war sparks ‘$2.2trn’ global market sell-off

These are massive unknowns, which are piled on to uncertainty about how countries will respond.

China has already retaliated and Europe has indicated it will go further.

That will compound the problems for the global economy and undoubtedly send shivers through the markets.

Much is yet to be determined, but if there’s one thing markets hate, it’s uncertainty.

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Court confirms sacking of South Korean president who declared martial law

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Court confirms sacking of South Korean president who declared martial law

South Korea’s constitutional court has confirmed the dismissal of President Yoon Suk Yeol, who was impeached in December after declaring martial law.

His decision to send troops onto the streets led to the country’s worst political crisis in decades.

The court ruled to uphold the impeachment saying the conservative leader “violated his duty as commander-in-chief by mobilising troops” when he declared martial law.

The president was also said to have taken actions “beyond the powers provided in the constitution”.

Demonstrators who stayed overnight near the constitutional court wait for the start of a rally calling for the president to step down. Pic: AP
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Demonstrators stayed overnight near the constitutional court. Pic: AP

Supporters and opponents of the president gathered in their thousands in central Seoul as they awaited the ruling.

The 64-year-old shocked MPs, the public and international allies in early December when he declared martial law, meaning all existing laws regarding civilians were suspended in place of military law.

Read more from Sky News:
Highs and lows of Five-Year Keir
MP tells Sky News she was targeted online by Tate brothers

More on South Korea

The Constitutional Court is under heavy police security guard ahead of the announcement of the impeachment trial. Pic: AP
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The court was under heavy police security guard ahead of the announcement. Pic: AP

After suddenly declaring martial law, Mr Yoon sent hundreds of soldiers and police officers to the National Assembly.

He has argued that he sought to maintain order, but some senior military and police officers sent there have told hearings and investigators that Mr Yoon ordered them to drag out politicians to prevent an assembly vote on his decree.

His presidential powers were suspended when the opposition-dominated assembly voted to impeach him on 14 December, accusing him of rebellion.

The unanimous verdict to uphold parliament’s impeachment and remove Mr Yoon from office required the support of at least six of the court’s eight justices.

South Korea must hold a national election within two months to find a new leader.

Lee Jae-myung, leader of the main liberal opposition Democratic Party, is the early favourite to become the country’s next president, according to surveys.

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