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The Dow tumbled 875 points and global stocks were in disarray on Monday after China escalated the trade war with the United States. The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade Monday. A weaker currency could soften the blow the United States has dealt China with its tariffs. The weak yuan ignited fear on Wall Street that a currency war has begun or that the United States would respond with even higher tariffs, prolonging the standoff with China and potentially weakening the global economy. Investors...

From his first days in politics, the fake press panned Trump as "inexperienced" in statecraft and therefore "unqualified" to preside over America's domestic, let alone foreign policy. But in practice, Trump has pretty much demolished every bogeyman his opponents have thrown in front of him.  So follow me as I try to analyze how Trump has (in his first 100 days) succeeded mightily in the diplomatic sphere. Diplomacy vs.  Straight Talk Trump is steadily revolutionizing the practice of international relations -- bringing Art of the Deal business negotiations to statecraft.  And doing that, you bet he's ruffled the feathers...

President Trump called off a round of deportations slated to begin Sunday, saying he was delaying them for two weeks at the request of Democrats — though he said both sides need to use the time to strike a broader deal on stopping new illegal immigrants. The surprise move came just hours after House Speaker Nancy Pelosi requested the delay, calling the planned deportations too cruel. “At the request of Democrats, I have delayed the Illegal Immigration Removal Process (Deportation) for two weeks to see if the Democrats and Republicans can get together and work out a solution to the...

The Mexican foreign minister says no secret immigration deal exists between Mexico and the US, just hours after President Donald Trump tweeted that a “fully signed and documented” agreement would be “be revealed in the not too distant future.” Marcelo Ebrard, Mexico’s top diplomat, said in a news conference in Mexico City on Monday that there was an understanding that both countries would evaluate the number of migrants crossing the border of Mexico and the United States in the coming months, according to the New York Times. If the number is no significantly reduced, Mr Ebrard says, both nations will...

President Trump's tariffs against Mexico have been "indefinitely suspended," he was proud to report on Friday night. He explained that the two parties managed to reach some sort of agreement. I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to....— Donald J. Trump (@realDonaldTrump) June 8, 2019 ....stem the tide of Migration through Mexico, and to our Southern Border. This is being done...

Vice President Mike Pence and other top administration officials will meet Wednesday with Mexico’s top diplomat as both sides try to avert the potentially crippling economic consequences of President Trump’s threat to impose tariffs on all Mexican imports. Mr. Trump has vowed to impose a 5 percent tariff on all goods from Mexico beginning Monday and to increase the tax to 25 percent by October if Mexico does not prevent migrants from illegally entering the United States. On Tuesday, Mr. Trump said that it was “more likely that the tariffs” would be imposed. But on Wednesday, the president said he...

President Donald Trump tweeted Friday in celebration of LGBT Pride Month, which begins in June, and repeated his administration’s call for the international community to decriminalize homosexuality in countries where it is illegal. Trump has frequently been attacked by LGBT (lesbian, gay, bisexual, and transgender) activists on the left, particularly for his administration’s policies on transgenderism. Trump has barred transgender individuals from serving in the military, and reversed Barack Obama’s policies encouraging public schools to provide for transgender bathrooms. His administration also recently insisted on sticking to a definition of sexual discrimination that refers to biological sex. More broadly, however,...

The biggest Chinese newspaper explicitly warned the U.S. on Wednesday that China would cut off rare earth minerals as a countermeasure in the escalated trade battle, using an expression the publication has only used twice in history, both of which involved full-on wars. “We advise the U.S. side not to underestimate the Chinese side’s ability to safeguard its development rights and interests. Don’t say we didn’t warn you!” the People’s Daily said in a commentary titled “United States, don’t underestimate China’s ability to strike back.” The publication is the official newspaper of the Communist Party of China. The phrase “Don’t...

President Trump's former ghostwriter says writing "The Art of the Deal" is the biggest regret of his life and wishes the 1987 bestseller "weren't even in print." "I knew this was a bad guy when I did the book," Tony Schwartz told CBS News chief Washington correspondent Major Garrett for this week's episode of "The Takeout" podcast. The pair sat down for lunch at New York's ViceVersa restaurant. "Trump is not only willing to lie, but he doesn't get bothered by it, doesn't feel guilty about it, isn't preoccupied by it," Schwartz said. "There's an emptiness inside Trump. There's an...

..."this is a do-nothing Congress". ..."Nancy has lost it..."

<p>President Donald Trump showed Democratic congressional leaders the back of his hand on Wednesday, ending a planned meeting on infrastructure legislation before it began and venting publicly instead about their vows to investigate him and possibly impeach him.</p> <p>House Speaker Nancy Pelosi had accused him hours earlier of presiding over a 'cover-up.'</p>

Key Points China will raise tariffs on $60 billion in U.S. goods in retaliation for the Trump administration’s latest decision to increase duties on $200 billion worth of Chinese products. U.S. stock indexes fall about 2% as the trade war between the world’s two largest economies escalates. ================================================================ China will raise tariffs on $60 billion in U.S. goods in retaliation for the U.S. decision to hike duties on Chinese goods, the Chinese Finance Ministry said Monday. Beijing will increase tariffs on more than 5,000 products to as high as 25%. Duties on some other goods will increase to 20%. Those...

RUSH: It’s amazing. The Drive-By Media now understands the concept of tax cuts and tax increases, but it took tariffs and a tariff war with the ChiComs for the Drive-Bys to understand it. I’m being ironic and a little sarcastic. They know it and understand it. It’s just that since the Republicans own mantra of tax cuts, since that is a Republican owned belief… Democrats don’t believe in cutting taxes; Republicans do, and the Democrats know it. So whenever the concept of tax cuts comes up, the Democrats and the media have to destroy it, as they did the latest...

Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end in a stalemate. How did the benchmark indexes fare? Dow futures YMM9, -1.28% fell 311 points, or 1.2%, to 25,653, while S&P 500 futures ES, +1.86% dropped 36.40 points, or 1.2%, to 2,850.50. Nasdaq-100 futures NQM9, -1.76% slid 127.75 points, or 1.7%, to 7,482.50. On Friday, the Dow Jones Industrial Average DJIA, +0.44% rose 114.01 points, or 0.4%, to end...

Stocks fell sharply on Monday, giving back the gains from a strong turnaround in the previous session, after China decided to raise tariffs on some U.S. goods as the ongoing trade war between the worldÂ’s largest economies intensifies. The Dow Jones Industrial Average traded down 490 points, while a 2.8% drop in the tech sector pushed the S&P 500 down by 1.9%. The Nasdaq Composite dropped 2.6%. China will hike tariffs on $60 billion worth of U.S. imports, starting on June 1. The goods targeted include a broad range of agricultural products. This comes after President Donald Trump raised tariffs...

"The risk of a complete breakdown in trade talks has certainly increased," said Michael Taylor of Moody's Investors Service in a report.WINING!!!!!!

The Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%... Industries and businesses affected by the tariff hike will not feel the effect right away: it will apply to goods exported after May 10, according to the Office of the U.S. Trade Representative. It will not affect products already in transit to the United States. Trump has prepared to put even more pressure on China as he pushes for an agreement. The president has threatened to slap 25% tariffs on $325 billion in Chinese goods that remain untaxed.

US Customs and Border Protection imposed the new 25 percent duty on affected US-bound cargoes leaving China after 12.01am on Friday The hike comes in the midst of two days of talks between top US and Chinese negotiators to trying to rescue a faltering deal to end a 10-month trade war China's commerce ministry said 'necessary countermeasures' would be taken Mike Pence said the administration is working 'hour by hour' to reach agreement Economists and industry consultants have said it may take three or four months for American shoppers to feel the pinch from the tariff hike They say...

WASHINGTON: US President Donald Trump voiced confidence Saturday that North Korea’s Kim Jong Un would not “break his promise,” after South Korea said Pyongyang had launched several unidentified projectiles into the sea. “Anything in this very interesting world is possible, but I believe that Kim Jong Un fully realizes the great economic potential of North Korea, & will do nothing to interfere or end it,” Trump tweeted. “He also knows that I am with him & does not want to break his promise to me. Deal will happen!”

President says Moore has withdrawn from consideration https://twitter.com/realDonaldTrump/status/1123987855053873154