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White House Hits China With New Tariffs, Ramping up Trade War

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The American tariffs will come in two phases, the U.S. Trade Representative's office said on Friday, with the tariff on some $34 billion worth of Chinese imports set to take effect on July 6. Reuters said, citing an unnamed administration official, "Trump no longer thought of China's influence over North Korea as a compelling reason not to impose tariffs now that the United States had a direct line of communication with Pyongyang". Read More »

How do North Korean defectors feel about the Trump-Kim summit?

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He also says Trump was "defeated" by the North Korean leader when he failed to push him to make human rights commitments. As meaningful as the joint statement is, however, statements made by Kim Jong Un resonate just as deeply. "If a Democratic president had given up so much for so little, Republicans would be up in arms". The historic agreement came after the two leaders held several meetings throughout the day. Read More »

The best photos from Trump's historic summit with Kim Jong Un

He also called a unilateral halt to "very provocative" United States military exercises with South Korea , claiming they were "very expensive" and the USA pays for "a big majority of them". Washington is eager to see if the North's pledges were "sincere", Pompeo said, adding: "The US has been fooled before". The statement provided little detail of what Trump and Kim committed to in terms of timeline and verification of denuclearization of the Korean peninsula and how many nukes Kim is ... Read More »

Net Neutrality Repeal Takes Effect Monday

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And in May, the Senate voted in favor of reversing the FCC's repeal; however, the measure still needs to be passed in the House of Representatives, where afterwards it will then need President Trump's signature. "I would love to have one uniform, robust federal standard protecting net neutrality, but given that the FCC has left a void, the states have to fill it". Read More »

Final preparations under way for Trump-Kim summit

Singapore's Foreign Minister Vivian Balakrishnan , North Korean leader Kim Jong Un , and Singapore's Education Minister Ong Ye Kung pose for a photo in Singapore June 11, 2018 , in this picture obtained from social media. The rare public appearance of Kim, waving and smiling to onlookers, adds to the more affable image of the young leader that has emerged since his summit in April with South Korean leader Moon Jae-in . Read More »

Trump says U.S. backs out of G7 communique, criticizes Trudeau

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Trudeau told reporters that imposing retaliatory measures "is not something I relish doing" but that he wouldn't hesitate to do so because "I will always protect Canadian workers and Canadian interests". I think they are starting to be committed to a much more fair trade situation for the United States, because it has been treated very, very unfairly.... Read More »

G7 leaders set to clash with combative Trump over tariffs, trade

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Prime Minister Justin Trudeau and French President Emmanuel Macron say they support U.S. President Donald Trump's efforts to rid North Korea of nuclear weapons. "Macron was definitely getting more phone calls than other European leaders, so it looked at first like it was paying off", Julianne Smith, a former deputy national security adviser to Vice President Joe Biden, told Politico. Read More »

Canada co-ordinating tariff attack on United States with EU

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Both men however voiced anger over Trump's imposition of steel and aluminum tariffs against close allies, supposedly on "national security" grounds . "We have to maintain these ties". In a radio interview this morning, foreign trade undersecretary Juan Carlos Baker rejected any claim that the tariffs amount to revenge on the United States, charging instead that Mexico was simply acting within its rights. Read More »

Trump tariffs: Mexico retaliates against USA products

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He's in standoffs with Mexico, Canada , China, Japan and members of the European Union, the largest USA trading partner. Mr Mnuchin's support of legislation restricting Chinese investments that imperil the US's national security is among his highest priorities, a Treasury spokesman said Tuesday. Read More »

Mexico Details Its List of Retaliatory Tariffs Against U.S., Adds Bourbon

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Speaking to Xinhua , Chinese Ambassador to Russia Li Hui singled out the Eurasian Economic Union which has "great potential" according to the diplomat . And Trump's rhetoric about trade wars being easy to win isn't preparing the public for the short-term pain and economic upheaval that will result. Trump's decision to penalize some of America's best friends is consistent with his approach of pressing allies and wooing foes, betting he can extract things from both to benefit the United ... Read More »

Apple's software improvements could make AR as universal as iOS

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In an announcement that must have Houseparty a little nervous, iOS 12 will have updated Facetime that allows group video calls. Here's a look at some of the standouts from Apple's WWDC . Universal apps make a lot of sense for Apple - after all, the company has pitched the iPad Pro as a laptop replacement. Of course, AR apps like these have been available in the App Store, but this is built-in to Apple's growing catalog of preinstalled apps. Read More »

Trump economy should ease trade war fears, Peter Navarro says

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President Trump tweeted on Friday that Canada had treated American farmers "very poorly" and that the country's trade policies are "highly restrictive". But as U.S. Commerce Secretary Wilbur Ross conceded Thursday, as far as Canada is concerned, Ottawa's refusal to give sufficient ground on NAFTA was the reason. Read More »

Trudeau says tariffs on steel and aluminum are 'insulting'

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How, he wondered aloud, did Canada suddenly become a national security threat to the United States? The United Steelworkers Union took issue with the administration's decision to remove Canada from the list of countries exempted from the steel tariffs, calling it "wrongheaded". Read More »

Italy swears in populist prime minister

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Five Star Movement leader Luigi Di Maio , left, and League party leader Matteo Salvini attend the swearing-in ceremony for Italy's new government. The improbably fast rise of the grassroots 5-Star Movement and its alliance with the right-wing, anti-immigrant League has been dubbed the birth of Italy's Third Republic, after Italy's political order was largely drubbed in the March 4 national vote. Read More »

Euro break-up index rises as investors fret about Italy - Sentix

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There was no immediate indication from the League on the prospects of success. Cottarelli had been expected to announce his stopgap government's cabinet after those talks. Arguing it is "time to abandon many taboos" on the euro, he also said it is now necessary to find "alternative solutions" to how the eurozone is being regulated. Read More »

Giuseppe Conte to lead coalition gov't as Italy's Prime Minister-designate

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President Sergio Mattarella had summoned Cottarelli to his office after rejecting 81-year-old euroskeptic economist Paolo Savona for economy minister , because he had threatened to pull Italy out of the euro zone. The former International Monetary Fund official Mattarella named as premier-designate of a technical government stepped down earlier Thursday. He is also a fierce critic of Brussels and has called for closer ties to Russia.Di Maio will take on a powerful new post that ... Read More »

Le chef d'entreprise Serge Dassault est mort

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En 1998, le PDG est reconnu coupable par la Cour de cassation belge de " corruption active", passant un pacte avec le parti socialiste belge permettant à Electronique Serge Dassault d'emporter le marché de modernisation électronique des avions de combat F-16 de l'armée de l'air belge. Read More »

EU, Mexico respond to U.S. tariffs on steel and aluminum

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The European Union has already notified the World Trade Organization of plans to levy duties on $7.2 billion worth of USA exports in response, with the aim of collecting $1.6 billion in tariff revenue. "That Canada could be considered a national-security threat to the United States is inconceivable", said Trudeau, adding that the people of the USA are not Canada's target, and that the federal government would have far preferred that its hand wasn't forced. Read More »

Italian president asks economist Carlo Cottarelli to form interim government

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His statement followed a short meeting with President Sergio Mattarella to discuss his progress, as the country tries to form an interim government following an inconclusive election in March. "It's madness, and I ask the Italian people to stay close to us because I want to bring democracy back to this country", he told reporters. Federica Mogherini says she's convinced that President Sergio Mattarella was serving the Italian people and the European Union by forcing the end of the ... Read More »

Why Gas Prices Are 31 Percent Higher Than Last Memorial Day

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The increased price of gas has a trickle down effect on other consumer products, McTeague said. " Most analysts say that around here, we could be looking at $3.30, $3.40 before summer is done", Brandus says. Whether you are a bread New Yorker or you are just visiting the city for the holiday, you have to make sure to include in your list of "things to do" visiting all the different retail stores in the city which are offering some of the most awesome Memorial Day Sales ever. Read More »

Voici vos droits — RGPD

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Qu'ils exercent leur activité au sein de grandes entreprises ou des collectivités publiques, les gestionnaires de parcs automobiles sont considérés comme des responsables de traitement de données à caractère personnel dans la mesure où ils collectent et traitent des informations nominatives relatives aux conducteurs. Read More »

How The EU's New GDPR Law Gives People More Power Online (HBO)

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Privacy advocates have long complained about mind-numbingly long privacy policies stuffed with inscrutable fine print and jargon. The company compared GDPR to previous efforts by less liberal polities, including Russian Federation and China, to enforce national laws on worldwide companies. Read More »

Trump Lists Michael Cohen Payment on Financial Disclosure

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Banks are required to file suspicious activity reports (SARs ) whenever transactions that may violate federal law are detected, or if certain activities may be linked to money laundering. "I find that laughable". The government whistleblower reported that two of the SARs regarding Cohen had vanished from a Treasury Department database, the Financial Crimes Enforcement Network ( FINCEN ), where such reports are listed. Read More »

What Will Happen to Net Neutrality After Senate Votes To Save Protections?

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Fortunately, it looks like we are finally seeing some political pushback on this, as the US Senate voted to repeal the FCC's ruling last night. Susan Collins of Maine, Sen. Working people deserve an internet where corporations can not block, throttle or otherwise impede access to lawful, legitimate content. Yesterday, the US Senate passed the Congressional Review Act , a resolution to restore Net Neutrality provisions. Read More »

The price of oil inches towards $80 a barrel

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U.S. Midwest refinery utilization rates increased last week to 96 percent of capacity, the highest since at least 2010 seasonally. However, it's reported that prices for black gold may soar even higher, as an agreement between the Organization of the Petroleum Exporting Countries ( OPEC ) and other major producers, including Russian Federation, to slash output is still helping to reduce supply. Read More »

Europe offers no guarantees but vows to keep Iran deal alive

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Pompeo also said he couldn't rule out such sanctions , though he expressed hope that the usa withdrawal from the nuclear deal would force the world to strike a new deal. The parties announced, "Today, we have taken a decisive step: we have reached solutions on key parameters of a Joint Comprehensive Plan of Action, " which they meant to complete by June 30. Read More »

Senate votes to save net neutrality rules

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Three Republican Senators broke party lines to vote for the resolution: Susan Collins of Maine, Lisa Murkowski of Alaska and John Kennedy of Louisiana. Despite surviving a court challenge from broadband industry groups seeking to overturn the rules in 2016, they came under fire again a year later - this time from the agency's new Republican leadership. Read More »

Bolton - US sanctions 'possible' on European firms over Iran

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OFAC's guidance makes clear that new business entered into by non-U.S. persons after today's announcement (i.e., those transactions that go beyond wind-down activities) will be taken into consideration in assessing whether such conduct is subsequently sanctionable. Read More »

Vance, Wilson counties to close Wednesday for teacher's rally

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Sabrina Peacock: This is my 24th year of teaching in Guilford County Schools. Organizers are calling it " March for Students and Rally for Respect ". North Carolina remains a purple state, and education policies need buy-in on both sides of the aisle in order to survive the Republican-led legislature's bill graveyard and the Democratic governor's veto stamp. Read More »

World oil price could hit $100 a barrel next year

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Nothing to do with widespread concerns over the absence of prompt inspection opportunities at key Iranian nuclear sites. Airbus, which is subject to the US license because it makes at least 10 percent of its aircraft components in the USA, says it will abide by the new USA sanctions but it could take "some time" to determine the full impact on the industry. Read More »