U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company. Reuters and other media outlets reported on Friday that the U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies Co Ltd [HWT.UL] that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers. The "temporary general license" will be extended for Huawei for 90 days, Reuters reported, citing two sources familiar with the situation.
* Peter Navarro and Larry Kudlow dispute market indicators * Tariffs are hurting China not US, trade aide insists Traders work after the opening bell at the New York Stock Exchange on Thursday. Photograph: Johannes Eisele/AFP/Getty ImagesDonald Trump's chief trade advisers insisted on Sunday the US is not facing a recession which markets appear to fear and which could cost the president dearly at the polls next year.Speaking to ABC's This Week, White House trade adviser Peter Navarro defended US policy, predicted a "strong economy through 2020" and disputed the existence of a bond-market indicator of approaching recession that this week sent stocks into their largest one-day sell-off...
The Trump administration is aggressively pursuing economic sanctions as a primary foreign policy tool to an extent unseen in decades, or perhaps ever. Since taking office in January 2017, President Donald Trump has used an array of new and existing sanctions against Iran, North Korea and others. The
Workers at a new Shell plant in Pennsylvania were told they had to attend a speech by President Donald Trump in order to get paid.
As Donald Trump ramps up his reelection for 2020 he is resurfacing a controversial gripe held over from 2016: That voter fraud cost him support.