News

Trump loses lawsuit challenging subpoena for financial records

Jan Wolfe, Reuters
Posted at May 21 08:12 AM

A U.S. judge on Monday ruled in favor of a U.S. House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress. Read more »

US tech firms to take hit from Huawei sanctions

Rob Lever, Agence France-Presse
Posted at May 21 06:44 AM

The tough sanctions imposed on Huawei by President Donald Trump could deal a blow to the many US firms that make up the Chinese tech giant's supply chain.   Read more »

Trump to open Middle East peace drive with economic conference

Peter Baker and Mark Landler, The New York Times
Updated as of May 20 10:39 AM

The idea is to secure financial commitments from wealthy Persian Gulf states as well as donors in Europe and Asia to induce the Palestinians and their allies to make political concessions to resolve the decades-old conflict with Israel. Read more »

President foul mouth: Trump masters the cuss

Peter Baker, The New York Times
Posted at May 20 10:33 AM

At rallies and in interviews, on Twitter and in formal speeches, Trump relishes the bad-boy language of a shock jock, just one more way of gleefully provoking the political establishment bothered by his norm-shattering ways.   Read more »

Deutsche Bank staff saw suspicious activity in Trump, Kushner accounts

David Enrich, The New York Times
Posted at May 20 07:56 AM

The transactions, some of which involved Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Read more »

Google suspends some business with Huawei after Trump blacklist: source

Angela Moon, Reuters
Updated as of May 20 11:59 AM

Users of existing Huawei devices who have access to the Google Play Store will still be able to download app updates provided by Google, according to the Reuters source. Read more »

Republican lawmaker says Trump engaged in impeachable conduct

Timothy Gardner, Reuters
Updated as of May 19 10:39 AM

Impeachment should be undertaken only in extraordinary circumstances, US Representative Justin Amash wrote on Saturday. Read more »

World stocks gain after Trump auto-tariff delay

Lewis Krauskopf, Reuters
Posted at May 16 08:01 AM

Trump is expected to delay a decision on tariffs on imported cars and parts by up to 6 months, 3 administration officials told Reuters. Fears about an escalating global trade war, particularly following a spike in US-China tensions, have rattled markets over the past week. Read more »

Trump bans foreign telecom gear, targeting Huawei

Cecilia Kang and David E. Sanger, The New York Times
Posted at May 16 07:48 AM

Trump issued an executive order instructing the commerce secretary, Wilbur Ross, to ban transactions “posing an unacceptable risk” but did not single out any nation or company. Read more »

'Fire and Fury' author to publish new tell-all on Trump

Agence France-Presse
Posted at May 16 07:34 AM

NEW YORK - Michael Wolff, whose tell-all about Donald Trump's chaotic early days in the White House was one of last year's bestsellers, is to publish a follow up next month called "Siege: Trump Under Fire." Read more »

Trump to propose plan to make US immigration more merit-based

Steve Holland and Roberta Rampton, Reuters
Posted at May 16 06:44 AM

WASHINGTON - US President Donald Trump will outline on Thursday a plan to harden border security and overhaul the legal immigration system to favor applicants who speak English, are well-educated and have job offers, senior administration officials said. Read more »

World stocks bounce back as Trump downplays US-China trade fight

Lewis Krauskopf, Reuters
Posted at May 15 07:54 AM

Fears that the United States and China were spiraling into a fiercer, more protracted trade dispute that could derail the global economy have shaken investors in the past week. Read more »

iPhones and bras: Chinese imports Trump wants to tax next

Jim Tankersley and Jeanna Smialek, The New York Times
Updated as of May 14 02:32 PM

Trump has threatened to tax nearly every product China sends to the United States, or roughly $300 billion worth of goods. Read more »

Trump to meet Xi after defiant China slaps US with new tariffs

Jeff Mason and Se Young Lee, Reuters
Posted at May 14 07:38 AM

China announced it would impose higher tariffs on a range of US goods including frozen vegetables and liquefied natural gas, a move that followed Washington's decision last week to hike its own levies on $200 billion in Chinese imports. Read more »

Israel says site found for Golan 'Trump' settlement

Agence France-Presse
Posted at May 13 05:01 AM

JERUSALEM - Israeli Prime Minister Benjamin Netanyahu said Sunday that a site for a promised new settlement to be named after US President Donald Trump had been chosen and formal approval was under way. Read more »

China expresses regret over US tariff hike, vows countermeasures

Reuters
Posted at May 10 01:36 PM

China's Commerce Ministry said in a short statement that it hoped the United States could meet China halfway and resolve the issue through cooperation and consultation. Read more »

Trump's tariff hike on $200 billion of Chinese goods takes effect

David Lawder, Reuters
Posted at May 10 01:07 PM

US President Donald Trump's tariff increase to 25 percent on $200 billion worth of Chinese goods took effect on Friday, ratcheting up tensions between the United States and China as they pursue last-ditch talks to try to salvage a trade deal.   Read more »

Trump to raise China tariffs as trade deal hangs in the balance

Alan Rappeport and Ana Swanson, The New York Times
Posted at May 10 08:02 AM

Trump, who made his comments before a pivotal round of trade talks that began Thursday afternoon, vacillated between threatening China and suggesting a deal was still within reach. Read more »

10 million signatures urging Trump impeachment delivered to Congress

Agence France-Presse
Updated as of May 10 07:57 AM

WASHINGTON - Two House Democrats on Thursday joined activists at the US Capitol who presented Congress with signatures of 10 million people calling on lawmakers to begin impeachment proceedings against President Donald Trump. Read more »

Trump son Donald Jr. subpoenaed by Senate panel: reports

Agence France-Presse
Posted at May 10 12:19 AM

President Donald Trump's son Donald Jr. was subpoenaed Wednesday to testify before the Senate Intelligence Committee as part of its probe into Russian election meddling, US media reported.   Read more »