Lawyer Baltasar Garzón, representing Chambers, said case against his client is ‘very strange’ as US requests extradition

FBI agents raided the Ibiza, Spain, vacation rental of 41-year-old James “Fergie” Chambers, a US citizen and wealthy donor to leftwing and humanitarian projects worldwide, in the days following his arrest last month, the Guardian has learned.

Baltasar Garzón, a human rights lawyer representing Chambers, revealed the details in an exclusive interview. Chambers is wanted for extradition by the Trump administration for alleged financial support of Hamas, as well as other charges.

Tariffs on Canada, threats against Iran’s partners and bond market intervention show a president weaponising US power while making Americans poorer at home

Three moves in the last week have exposed the limits of Donald Trump’s economic bullying. The US slapped 50% tariffs on another $20bn of Canadian goods – then threatened the same rate on the cars, trucks, parts and steel that America Inc depends on. On Monday, the Treasury secretary, Scott Bessent, menaced Iran’s trading partners with exclusion from the US financial network, hoping that coercion can deliver what months of war have not. And as the costs of war, tariffs and pro-billionaire tax cuts helped send US bond yields higher, the Treasury stepped in to tame long-term rates. These are not contradictory policies but a gamble: that US economic power can be repeatedly weaponised without reducing others’ willingness to depend on it.

The Trump administration’s “D-day” sanctions are potentially the most consequential because they expose the scaffolding of American financial power. While markets shrugged off the immediate threat, that calculation might change were the US to target a major Chinese refinery or bank. Such an escalation could spark a trade war with Beijing. The US has leverage. But China has pressure points – especially farmers in Republican states – that make using it costly. In the long run, there is a price to pay. Nations hold one another’s currencies partly because they trust the political relationship. Mr Trump is testing what happens when they don’t.

Unannounced trip reported by US media is said to be Ratcliffe’s first known visit to Russia as CIA chief

The CIA director, John Ratcliffe, has made an unannounced visit to Moscow, US media reported, after flight data showed an American military aircraft flew to the Russian capital, where a US diplomatic motorcade was later spotted.

CBS News quoted sources familiar with the situation as confirming Ratcliffe’s trip, saying it was his first known visit to Russia as CIA chief. Axios separately confirmed the visit, quoting a US official.