US politics live: Russia hits back at Trump’s Putin jab

The Kremlin has hit back at Donald Trump’s declaration that Russian dictator Vladimir Putin is “crazy”.

The Pentagon has released a blockbuster advertisement declaring an end to ‘wokeness’ in the military and reminding America’s enemies of its new global agenda.

Narrated by President Donald Trump and his troubled Defence Secretary Pete Hegseth, the 90-second clip features action-packed vision and soaring music.

Conservative news outlets praised the ad, which rolled out on social media earlier today.

Meanwhile, a US firm with close ties to Mr Trump is preparing to make a major move on Darwin Port, seizing control from a Chinese billionaire linked to the Communist Party.

Prime Minister Anthony Albanese wants the key strategic asset to be sold, otherwise he has threatened to take back its ownership.

Elsewhere, European stock markets rallied on Monday after Mr Trump delayed 50 per cent tariffs on the European Union until July 9 to give more time for negotiations.

Trump sent the markets into a tailspin again late last week when he threatened to hit EU goods with the huge levy from June 1 as talks were “going nowhere”.

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