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WASHINGTON, United States (AFP) — North Korea’s Kim Jong Un and US President Donald Trump have agreed to meet to secure a deal to remove nuclear weapons from the Korean peninsula, the US and South Korean officials said Thursday “I told President Trump that at our meeting North Korean leader Kim Jong Un said he’s committed to denuclearization,” said South Korean National Security Advisor Chung Eui-yong, who came to Washington after talks in Pyongyang. “Kim pledged […]
WASHINGTON, United States (AFP) — While slapping duties on steel and aluminum imports, President Donald Trump struck a more conciliatory tone towards China, pointing to negotiations underway to trim Washington’s soaring bilateral trade deficit with Beijing. “We’re negotiating now with China. We’re in the midst of a big negotiation. I don’t know that anything is going to come of it,” Trump said at the White House while rolling out the new trade barriers. “They have […]
by Andrew Beatty and Margaret Donaldson Agence France-Presse WASHINGTON, United States – US President Donald Trump on Thursday slapped deeply contentious trade tariffs on foreign steel and aluminum, swatting aside warnings of a global trade war and protests from allies in Europe and at home. The tariffs of 25 percent on imported steel and 10 percent on aluminum will come into effect in 15 days, the White House said. They will not apply to Canada and Mexico […]
by Andrew BEATTY Agence France Presse WASHINGTON, United States (AFP) — President Donald Trump’s team played down talk of a trade war Wednesday as it fought to limit a financial market sell-off, promising a quick decision on contentious tariffs that prompted a popular economic advisor to the president to quit. Administration big guns Commerce Secretary Wilbur Ross and Treasury Secretary Steve Mnuchin rushed to the cameras to calm market jitters over proposed steel and aluminum […]
SYDNEY, Australia (AFP) — Australia’s central bank chief Wednesday slammed Donald Trump’s decision to levy steel tariffs as “bad policy” and warned of “a very big shock” to the global economy if it sparks retaliation. The US president plans to impose a 25 percent tax on imported steel and 10 percent on aluminium in a move that has raised fears of a trade war. It led to the White House’s top economic advisor, Gary Cohn, […]
by Andrew Beatty, with Jung Hawon in Seoul Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump Tuesday welcomed North Korea’s breakthrough offer of denuclearization talks as positive — and apparently sincere — saying the standoff over Pyongyang’s weapons drive would not be allowed to “fester.” Seoul earlier announced the two Koreas would hold a historic summit in the Demilitarized Zone next month — and that the North’s leader Kim Jong Un […]
by Andrew BEATTY Agence France Presse WASHINGTON, United States (AFP) — Donald Trump’s White House was rocked by another high-profile resignation Tuesday, as top economic advisor Gary Cohn quit in protest at the president’s decision to levy global steel tariffs. “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people,” Cohn said in a terse statement that belied fierce infighting in Trump’s tumultuous White House. Cohn […]
by Michael Mathes Agence France-Presse WASHINGTON, United States – Congressional Republicans occasionally confront Donald Trump on issues from immigration to diplomacy, but it is rare for them to bluntly oppose the US president on economic policy. That changed when he proposed tariffs on steel imports. Trump’s successes of 2017 — slashing regulations on US industry, hard-won tax cuts and soaring consumer confidence — won plaudits among conservatives like House Speaker Paul Ryan. But Trump’s aggressive plan to punish trade […]
WASHINGTON, United States (AFP) — The White House said Monday that Donald Trump had been referring to a call with South Korea’s leader when he appeared to suggest a landmark direct contact with the nuclear North. Trump raised eyebrows at a Washington media dinner on Saturday when he said “they, by the way, called up a couple of days ago and said ‘we would like to talk.’ “And I said, ‘so would we, but you […]
by Michael Mathes Agence France-Presse WASHINGTON, UNITED STATES – The hopes of hundreds of thousands of “Dreamers” were on hold Monday as lawmakers missed an initial deadline for resolving the fate of immigrants brought to the United States illegally as children. The Deferred Action for Childhood Arrivals (DACA) program that shields nearly 700,000 of the immigrants from deportation was supposed to expire on March 5, six months after President Donald Trump announced he was ending it. But a […]
by Heather SCOTT Agence France-Presse WASHINGTON, UNITED STATES – US President Donald Trump vowed Monday he will not back down on imposing steep tariffs on steel and aluminum on Canada and Mexico unless he gets a “fair” deal to revamp the North American Free Trade Agreement. He also criticized the European Union for the trade barriers on US companies and repeated his threat to slap tariffs on European car imports if Brussels retaliates against the steel tariffs. Speaking […]
by Julien Girault Agence France Presse China warned Sunday that it was ready to hit back if the United States damaged its economic interests, fueling fears of a trade war after President Donald Trump unveiled tariffs on steel and aluminium. Trump’s announcement on Thursday sparked a flurry of counter-threats from other nations. But Washington’s main trade rival had avoided any overt warnings of potential retaliation until now. “China doesn’t want a trade war with the […]
