Mar 09 2018
Officials say Trump has listened carefully to the criticism of his announcement and concede it's likely that the final plan won't apply the same tariffs to every country.
White House spokeswoman Sarah Sanders said, "there are potential carve-outs for Mexico and Canada based on national security, and possibly other countries, as well, based on that process".
Cohn, 57, who served in the White House for a little more than a year, achieved an early rapport with Trump and proved influential in the administration's decisions last April not to label China a currency manipulator and to renegotiate the North American Free Trade Agreement, instead of terminating it.
Mr. Trump's announcement last week that he will impose a 25 percent tariff on imported steel and 10 percent tariff on imported aluminum has been met with opposition, but so far, he hasn't given any indication that he's backing down.
Sanders would not indicate if the carve-outs would apply to other US allies such as the European Union, which has spoken out forcefully against the tariffs and which has threatened to impose tariffs on American products in retaliation.
Trump had originally said that the tariffs would be applied equally, with no exceptions for allies.
Trump said on Twitter that since former President George H.W. Bush was in the White House 30 years ago, "our Country has lost more than 55,000 factories, 6,000,000 manufacturing jobs and accumulated Trade Deficits of more than 12 Trillion Dollars".
Despite the threat of an impending trade war, Asian shares performed better overnight as the concessions for Canada and Mexico suggested that the policy would not be as severe as feared. House and Senate GOP leaders also have pushed Trump to change his mind, or at least narrow the tariffs to avoid retaliatory tariffs or a trade war.
S Korea's Moon says sanctions stay, too early to be optimistic
Bush interrupted any hopes of progress when he included North Korea in his "axis of evil" along with Iran and Iraq. Up until now, they have kept the stance that their nuclear weapons program would never be up for debate.
Dwyane Wade visits students at Marjory Stoneman Douglas High
Wade been among many members of the team who have reached out to the shooting victims since it took place. Education Secretary Betsy DeVos was on campus meeting with students and teachers.
Kell Brook claims comeback win over Sergey Rabchenko
Brook is under pressure to perform, here we break down the fight and explain why the Brit could come unstuck against Rabchenko. Those injuries are a major concerns considering Spence Jr targeted Brook's right eye last May, before breaking the left one.
Foreign Minister Wang Yi said China and the U.S. should strive to be partners rather than rivals.
The internal pressure from within Washington to go back to the drawing board was illustrated Wednesday in a letter from 107 congressional Republicans, who expressed deep concern about the president's plans.
Australia is among those making the case for exemption, with Foreign Minister Julie Bishop citing her nation's status as a "close ally and partner" in a Sky News interview on Thursday.
Appearing on the TODAY show this morning, Bishop argued import tariffs could spark a trade war in which "everyone loses". Instead, most USA steel and aluminum imports come from Canada and other allies. If the goal is to keep out low-cost worldwide steel, with excess Chinese supply dragging down the entire global market, they say the USA can't allow any supply in at low global prices.
International Monetary Fund chief Christine Lagarde warned "nobody wins" in a trade war, saying it would harm global economic growth. This will be Trump's first visit to the Golden State.
"I don't think the president is going to be easily deterred", said Sen.
Japan has requested that the United States exempt it from the planned measure, saying Japanese steel and aluminum exports do not pose a threat to US national security.
Following the news on Cohn, the United States dollar weakened and stock futures fell more than one per cent, with analysts citing increased uncertainty about economic agenda.
Mar 08 2018
Every Oculus Rift VR headset bricked due to expired certificate
Issues were first reported several hours ago on Reddit , where a post on the topic has already garnered hundreds of comments. If an expired certificate is the cause of the errors, Oculus will likely have to issue a patch in order to fix the problems.
Mar 08 2018
Kate Middleton and Prince William: the royal couples best looks
The Sun quoted a source who claimed that the new royal baby will arrive on the feast day of England's patron saint. In the past, scientists have linked the so-called "digit ratio" to a whole host of seemingly unrelated traits.
Mar 07 2018
Deployment of the Hispasat 30W-6 satellite from the Falcon 9 rocket
Tonight, the company is tasked with sending up a hefty communications satellite for operator Hispasat , called Hispasat 30W-6. The satellite will use its own propulsion system to circularize the orbit at an altitude of 22,000 miles above the equator.
Mar 06 2018
Modi's nationalist party notches win in key Indian state
But the BJP in its pre-election alliance chose Neiphiu Rio's new party and projected him as presumptive chief minister. However, shielding the party president, the Congress party asserted that it is not a crime to visit one's grandmother.
Mar 05 2018
Four more arrested in PNB fraud
The ED has seized diamonds and other valuables to the tune of around Rs 5,700 crore from Modi's jewellery outlets. The agency has yet to track down Modi and Choksi, who left India in January before the fraud came to light.
Mar 05 2018
Russian Federation dismisses new 'invincible' weapons as new arms race
It was Kelly's second interview with the Russian leader. "Give us materials, give us information". To which Kelly, a lawyer before she turned to journalism, fired back: "I do".
Mar 04 2018
Global oil prices projected to be stable in 2018: OPEC
This effort was undertaken to handle the oversupply of oil that has caused the global oil prices to plummet since 2014. Producers are sticking to the cuts and an involuntary drop in Venezuelan output has further boosted compliance.
Mar 04 2018
Chinese, US senior officials highlight cooperation to settle trade disputes
But now, given that the proposal is unlikely to be stopped, that is something that will only become clearer over time . Shades of Mugabe, I hear you thinking, although Xi commands a country around a thousand times richer than Zimbabwe.
Mar 04 2018
World''s most sophisticated weather satellite to launch shortly
It also tracked the paths of Hurricanes Irma and Maria , providing crucial data as to which areas would be impacted the greatest. After the satellite is deployed, it will spend about three weeks making its way into geostationary orbit.
Mar 03 2018
WWE Raw: Reigns calls out Lesnar, Rousey demands an apology
Lesnar had come to Las Vegas the day before as the photograph going around of him with Dana White was taken on Sunday afternoon. Speaking on SiriusXM UFC president White was asked whether a UFC return was on the cards for wrestling star Brock Lesnar.
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