Tag: Donald Trump

• Saturday, November 18th 2017 - 08:11 UTC

  Trump tax cuts bill passes the House, but the Senate is another story

  

  House Republicans have passed a controversial overhaul of the US tax code that slashes corporate rates. The vote came after US President Donald Trump made a rare visit to Congress to rally lawmakers around the tax overhaul plan. The Senate is working to build support for its own version of the bill, but one Republican has said he is a 'no'.

• Wednesday, November 15th 2017 - 08:57 UTC

  Trump syndrome: US Congress examines president's authority to launch a nuclear attack

  

  For the first time in over 40 years, Congress has examined a US president's authority to launch a nuclear attack. The Senate Foreign Relations Committee hearing was titled Authority to Order the Use of Nuclear Weapons and some senators expressed concern that the president might irresponsibly order a nuclear strike; others said he must have the authority to act without meddling from lawyers.

• Friday, November 10th 2017 - 17:59 UTC

  Trump doesn't blame China for its trade surpluses: “they work for the benefit of their citizens”

  

  President Donald Trump has said he does not blame China for the “unfair” trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China “credit” for working to benefit its citizens by taking advantage of the US.

• Thursday, November 9th 2017 - 11:20 UTC

  A solution can be found to the North Korea and trade issues, Trump tells Xi

  

  United States president Donald Trump told Chinese President Xi Jinping on Thursday that he believes, like Xi, that a solution can be found to the North Korean nuclear issue, a day after warning Pyongyang of the grave danger of developing nuclear weapons.

• Monday, November 6th 2017 - 08:07 UTC

  Wall Street and LSE battle to host largest share floatation in history: US$ 100bn of Saudi Arabia's Aramco

  

  President Donald Trump has made a pitch to Saudi Arabia to float the world's biggest oil company in the US. “Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States!”, twitted the US president.

• Thursday, November 2nd 2017 - 08:12 UTC

  Trump expected to announce “centrist” Jerome Powell, as next head of the Fed

  

  President Donald Trump has said he will announce on Thursday his choice to lead the seven/member Federal Reserve board beginning in February. Jerome Powell, a Fed board member, is assumed to be the top contender and Trump anticipated that “I think you will be extremely impressed by this person”.

• Thursday, October 26th 2017 - 06:04 UTC

  Bloomberg describes Brexit as the “single stupidest thing any country has ever done”

  

  Michael Bloomberg, the billionaire media mogul and former mayor of New York, has said Brexit is the “single stupidest thing any country has ever done” apart from the election of Donald Trump as US president. Bloomberg argued that “it is really hard to understand why a country that was doing so well wanted to ruin it” with the Brexit vote, in a series of outspoken remarks made at a technology conference in Boston a fortnight ago.

• Thursday, September 28th 2017 - 07:22 UTC

  Trump announces a “once in a generation” sweeping tax reform

  

  United States President Donald Trump has unveiled sweeping tax reforms which if passed by the Congress would bring down the business tax rate to 15%, introduce territorial tax system that would offer level playing field to American companies.

• Wednesday, September 27th 2017 - 06:18 UTC

  NAFTA: Trudeau predicts “tough days ahead” ahead for negotiators

  

  The top U.S. negotiator at talks to modernize the NAFTA trade pact dismissed questions about why his team had so far failed to produce specific proposals on key issues, saying “I don’t see a problem.” Officials from the United States, Mexico and Canada are in Ottawa for the third of seven planned rounds of talks.

• Wednesday, September 20th 2017 - 07:47 UTC

  Trump threatens “rocket man” with total destruction; warnings to Iran, Syria, Cuba and Venezuela

  

  U.S. President Donald Trump said on Tuesday that the United States will be forced to “totally destroy” North Korea unless Pyongyang backs down from its nuclear challenge, mocking North Korean leader Kim Jong Un as a “rocket man” on a suicide mission.