United States was given 90 days to drop a special tax exemption for the giant aerospace company Boeing because it amounts to an unlawful subsidy. The World Trade Organization (WTO) made the order after investigating a complaint from the European Union.
The most expensive destroyer ever built for the United States Navy has suffered an engineering problem in the Panama Canal and had to be towed to port. U.S. The 3rd Fleet spokesman Commander Ryan Perry says a vice admiral has directed the USS Zumwalt to remain at ex-Naval Station Rodman in Panama to address the issues. The ship was built at Bath Iron Works in Maine.
President-elect Donald Trump named KT McFarland as deputy national security adviser and Donald McGahn as his White House counsel. McFarland served in three separate Republican administrations, most notably as a spokeswoman for Defense Secretary Caspar Weinberger under Ronald Reagan.
In his first Thanksgiving Message as US President-elect, Donald Trump has called for unity following a “long and bruising political campaign”. He also announced the selection of the first two women in her cabinet, education and UN ambassador.
Britain dismissed U.S. President-elect Donald Trump's unprecedented expression of support for Brexit campaigner Nigel Farage to be made British ambassador to Washington, saying pointedly that there is no vacancy for the job. Trump, who after his election victory met Farage before any EU leaders, said on Twitter that “many people” would like to see the former metals trader turned politician as Britain's ambassador.
Zhang Xiangchen, China's deputy international trade representative, said his country would defend its rights under World Trade Organization tariff rules should Trump uphold his campaign threats to levy punitive duties on China-made goods, which, according to an Auxtralian expert, is “very unlikely” to happen.
The Trans-Pacific Partnership (TPP) trade deal would be “meaningless” without US participation, Japanese prime minister Shinzo Abe said as United States President-elect Donald Trump announced he planned to quit the pact. PM Abe’s comment on Monday (Tuesday morning) came shortly before the Mr Trump released a short video about his plans for his administration, including an intention to have the US drop out of the TPP pact.
President-elect Donald J. Trump has ostensibly thrown his support behind the idea of UK Independence Party (UKIP) leader Nigel Farage becoming the British Ambassador to the United States in a tweet issued late on Monday night. Trump issued the statement, unprompted, via his Twitter feed, stating that the idea was popular amongst “many people” in a move that is sure to set the British political establishment into a further tailspin.
President-elect Donald Trump says the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House. He made the announcement in a video messaged outlining what he intends to do first when he takes office in January. The TPP trade deal was signed by 12 countries which together cover 40% of the world's economy. Trump also pledged to reduce “job-killing restrictions” on coal production and stop visa abuses.
Mexican President Enrique Peña Nieto is well aware of his country's need to take a new approach at bilateral relations with the United States under the coming Republican presidency of Donald Trump. “We’re at the stage of prioritizing dialogue as the path through which we may able to establish a new agenda for bilateral relations,” Peña Nieto said in Lima at the Asia-Pacific Economic Cooperation (APEC) summit.