Dow when donald trump took office

News magazines around the world are marking one year since Donald Trump took office with decidedly unflattering covers. German news magazine Der Spiegel depicts him reversing evolution, shuffling along as the next phase in human form — after a neanderthal. Time Magazine's cover by the same Cuban immigrant artist shows him in"meltdown" mode and with his "hair on fire," an idiom for being in a constant state of uproar.  The New Yorker shows just the top of the presidential coif deep in a "hole" after his disparagement of the majority of immigrant-exporting nations as "s***holes." Men's Fitness even joins in to capitalize on Trump's recent physical, with a spoof headline declaring "Doctors Will Lie for You If You're President." In reality, however, any European humor about Trump's first year in office is somewhat halfhearted, tinged with genuine concern about how the president's unpredictable politics and Twitter tantrums will translate into policy. He came … [Read more...] about Europe survives Donald Trump’s first year in office

Donald Trump said Friday that his administration had agreed to cancel a new round of tariffs on Chinese goods as part of 'phase one' of a broad trade deal, but insisted that earlier import taxes will remain in force. In a press conference minutes earlier, however, China's State Council said it expected all U.S. tariffs on Chinese products to be phased out in stages. Trump tweeted that '[t]he 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder.' 'The Penalty Tariffs set for December 15th will not be charged,' however, 'because of the fact that we made the deal. We will begin negotiations on the Phase Two Deal immediately, rather than waiting until after the 2020 Election.' Trump called it 'an amazing deal for all.'  Markets spiked briefly after the Chinese press conference began, with the Dow Jones Industrial Average climbing 167 points before settling back down near its morning opening level.  But Chinese officials announced they have agreed on the text of … [Read more...] about BREAKING NEWS: Donald Trump claims victory in China trade deal and cancels massive new tariffs due to kick in Sunday saying Beijing has agreed to ‘massive’ purchases of U.S. products

Donald Trump has accused the European Central Bank of unfairly manipulating the euro, further raising the stakes for Washington in its trade and diplomatic disputes around the world. The US president suggested in a tweet that comments by Mario Draghi, the head of the ECB, had triggered an immediate slide in the value of the euro versus the dollar, “making it unfairly easier for them to compete against the USA”. Reopening a spat over transatlantic trade with the EU that has repeatedly flared up during Trump’s presidency, he warned Brussels it had been “getting away with this for years, along with China and others”. Trump’s comments come after Draghi used one of his last major speeches before stepping down as ECB president to say the central bank could act to loosen monetary policy – cutting interest rates or revamping its quantitative easing bond-buying programme – to stimulate the eurozone economy. Economic growth in the single currency … [Read more...] about Donald Trump attacks ECB for ‘currency manipulation’

The House Judiciary Committee voted out two articles of impeachment against President Donald J. Trump on Friday in a brief early morning session following angry marathon debates this week. Both articles – on abuse of power and obstruction of Congress, passed on party-line votes of 23 to 17 – keeping an impeachment effort now being orchestrated by Democratic party leaders on its brisk schedule, with a House floor vote set for Wednesday. Judiciary Chairman Jerold Nadler announced the decision in an ornate House hearing room after a process that took less than seven minutes Friday morning. In a procedure that was free of the theatrics that characterized Thursday's 14-hour session, the presidential impeachment vote – just the fourth in U.S. history in the committee –  the committee voted out both articles and immediately adjourned.  The votes sets up a House floor vote next week, where a handful of Democrats have signaled they will defect but passage … [Read more...] about Donald Trump claims ‘the people are DISGUSTED’ and his fundraising is ‘through the roof’ as Democrats pass two articles of impeachment in just seven minutes and set up full House vote next week

Donald Trump on Friday claimed Boris Johnson's resounding victory in Britain could foreshadow his own re-election next year. ‘I want to congratulate Boris Johnson on a terrific victory. I think that might be a harbinger of what's to come in our country,' he said during an Oval Office sit down with Paraguay President Mario Abdo Benitez. 'It was last time,' the president said, which was likely a reference to the original Brexit approval vote, which took place in June 2016 - six months before Trump won the American presidential election. Donald Trump claimed Boris Johnson's resounding victory in Britain could foreshadow his own re-election next year Trump and Johnson are personal friends Johnson's Conservative Party won a solid majority of seats in Britain's Parliament on Thursday - a decisive outcome to a Brexit-dominated election that should allow Johnson to fulfill his plan to take the U.K. out of the European Union next month.  President Trump promised good news … [Read more...] about Boris Johnson’s victory could help ME win in 2020 says Donald Trump as he hails UK Conservative’s defeat of hard-left Labour and promises good news on a British trade deal