Former president Donald Trump speaks during a rally in Vandalia, Ohio, on March 16. AFP
Former president Donald Trump speaks during a rally in Vandalia, Ohio, on March 16. AFP
Former president Donald Trump speaks during a rally in Vandalia, Ohio, on March 16. AFP
Former president Donald Trump speaks during a rally in Vandalia, Ohio, on March 16. AFP

Trump says some immigrants are 'not people' and warns of 'bloodbath' if he loses


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Former president Donald Trump increased his dark language at the weekend, warning of a “bloodbath” if he loses the election in November, and saying some immigrants are “not people”.

Mr Trump told a rally in Ohio on Saturday that November's presidential election will be the “most important date” in US history.

The “bloodbath” comment came in the context of the car industry.

“If I don't get elected it's going to be a bloodbath for the whole – that's going to be the least of it, it's going to be a bloodbath for the country," Mr Trump said. "That'll be the least of it. But they're not going to sell those cars.”

James Singer, a spokesman for President Joe Biden's re-election campaign, accused Mr Trump of intensifying his “threats of political violence".

Mr Biden has previously accused his rival of using increasingly Nazi-like language and of dehumanising other people.

“He wants another January 6, but the American people are going to give him another electoral defeat this November because they continue to reject his extremism, his affection for violence and his thirst for revenge,” Mr Singer said in a statement.

But Trump campaign spokesman Steven Cheung said Mr Trump had clearly been talking about the effects of a second Biden term on the motor industry and broader economy.

“Crooked Joe Biden and his campaign are engaging in deceptively out-of-context editing,” Mr Cheung said.

Mr Trump also continued to criticise Mr Biden over his handling of the US-Mexico border as he described some migrants as less than human.

“In some cases, they’re not people, in my opinion,” he said, apparently referring to young former prisoners.

Supporters react at a campaign rally before an address by Donald Trump. AP
Supporters react at a campaign rally before an address by Donald Trump. AP

Price, base / as tested From Dh173,775 (base model)
Engine 2.0-litre 4cyl turbo, AWD
Power 249hp at 5,500rpm
Torque 365Nm at 1,300-4,500rpm
Gearbox Nine-speed auto
Fuel economy, combined 7.9L/100km

Profile

Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari

Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.

Number of employees: Over 50

Financing stage: Series B currently being finalised

Investors: Series A - Audacia Capital 

Sector of operation: Transport

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Saudi Cup race day

Schedule in UAE time

5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)

Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
​​​​​​​Penguin 

UAE currency: the story behind the money in your pockets
Updated: March 18, 2024, 8:40 AM