‘We are ready’ to take Trump tariff threats to WTO: French finance minister

France is ready to go to the World Trade Organization to challenge U.S. President Donald Trump’s threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday. “We are ready to take this to an international court, notably the WTO, because the national tax on digital companies touches U.S. companies in the same way as EU or French companies or Chinese. It is not discriminatory,” Finance Minister Bruno Le Maire told


France is ready to go to the World Trade Organization to challenge U.S. President Donald Trump’s threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday.
“We are ready to take this to an international court, notably the WTO, because the national tax on digital companies touches U.S. companies in the same way as EU or French companies or Chinese.
It is not discriminatory,” Finance Minister Bruno Le Maire told
‘We are ready’ to take Trump tariff threats to WTO: French finance minister Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-08
Keywords: news, cnbc, companies, wto, maire, trump, threats, france, tax, french, finance, tariff, companies, million, ready, oecd, digital, minister


'We are ready' to take Trump tariff threats to WTO: French finance minister

France is ready to go to the World Trade Organization to challenge U.S. President Donald Trump’s threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday.

“We are ready to take this to an international court, notably the WTO, because the national tax on digital companies touches U.S. companies in the same way as EU or French companies or Chinese. It is not discriminatory,” Finance Minister Bruno Le Maire told France 3 television.

Paris has long complained about U.S. digital companies not paying enough tax on revenues earned in France.

In July, the French government decided to apply a 3% levy on revenue from digital services earned in France by firms with more than 25 million euros in French revenue and 750 million euros ($845 million) worldwide.

It is due to kick in retroactively from the start of 2019.

Washington is threatening to retaliate with heavy duties on imports of French champagne, cheeses and luxury handbags, but France and the European Union say they are ready to retaliate in turn if Trump carries out the threat.

Le Maire said France was willing to discuss a global digital tax with the United States at the Organisation for Economic Cooperation and Development (OECD), but that such a tax could not be optional for internet companies.

“If there is agreement at the OECD, all the better, then we will finally have a global digital tax. If there is no agreement at OECD level, we will restart talks at EU level,” Le Maire said.

He added that new EU Commissioner for Economy Paolo Gentiloni had already proposed to restart such talks.

France pushed ahead with its digital tax after EU member states, under the previous executive European Commission, failed to agree on a levy valid across the bloc after opposition from Ireland, Denmark, Sweden and Finland.

The new European Commission assumed office on Dec. 1.


Company: cnbc, Activity: cnbc, Date: 2019-12-08
Keywords: news, cnbc, companies, wto, maire, trump, threats, france, tax, french, finance, tariff, companies, million, ready, oecd, digital, minister


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Trump thanks Iran for releasing American grad student: ‘We can make deal’

Wang was released in Switzerland in exchange for Iranian citizen Massoud Soleimani, who was being held in an Atlanta jail over charges of violating American trade sanctions against Iran. Wang was among at least four other Americans being held in Iran. The swap comes amid growing tensions between Iran and the U.S. and massive protests in Iran. Trump has placed significant economic sanctions on Iran and withdrew from the Obama-era Iran nuclear deal. The White House confirmed the trade on Saturday


Wang was released in Switzerland in exchange for Iranian citizen Massoud Soleimani, who was being held in an Atlanta jail over charges of violating American trade sanctions against Iran.
Wang was among at least four other Americans being held in Iran.
The swap comes amid growing tensions between Iran and the U.S. and massive protests in Iran.
Trump has placed significant economic sanctions on Iran and withdrew from the Obama-era Iran nuclear deal.
The White House confirmed the trade on Saturday
Trump thanks Iran for releasing American grad student: ‘We can make deal’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: emma newburger
Keywords: news, cnbc, companies, administration, trade, releasing, student, trump, deal, white, thanks, held, wang, grad, twitter, american, iran


Trump thanks Iran for releasing American grad student: 'We can make deal'

U.S. President Donald Trump hosts a roundtable discussion with small business owners and members of his administration in the Roosevelt Room at the White House December 06, 2019 in Washington, DC.

President Donald Trump on Saturday thanked Iran for releasing an American graduate student who had been imprisoned in Tehran for over three years on charges of espionage in exchange for a prisoner held in the U.S.

“Taken during the Obama Administration (despite $150 Billion gift), returned during the Trump Administration,” the president wrote on Twitter. “Thank you to Iran on a very fair negotiation. See, we can make a deal together!”

Xiyue Wang, 38, was a Princeton University doctoral student doing research in Iran when he was arrested there in August 2016 and sentenced to 10 years in prison over suspicion of being a spy.

U.S. officials have repeatedly denied that Wang, who was held in Evin Prison on two counts of espionage, was a spy.

Wang was released in Switzerland in exchange for Iranian citizen Massoud Soleimani, who was being held in an Atlanta jail over charges of violating American trade sanctions against Iran. Soleimani was expected to be released as early as January under a plea agreement.

Wang was among at least four other Americans being held in Iran.

The swap comes amid growing tensions between Iran and the U.S. and massive protests in Iran. Trump has placed significant economic sanctions on Iran and withdrew from the Obama-era Iran nuclear deal.

The protests erupted across Iran in November in response to a 50% increase in gas prices. U.S. officials believe the demonstrations have left as many as 1,000 people dead and 7,000 imprisoned, drawing widespread global criticism.

Secretary of State Mike Pompeo said Saturday that “The United States will not rest until we bring every American detained in Iran and around the world back home to their loved ones.”

The White House confirmed the trade on Saturday with a statement from Trump, and Iran’s foreign minister, Mohammad Javad Zarif, also confirmed the deal on twitter.


Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: emma newburger
Keywords: news, cnbc, companies, administration, trade, releasing, student, trump, deal, white, thanks, held, wang, grad, twitter, american, iran


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Managing China is NATO’s biggest challenge yet

China has emerged as the most formidable challenge that has ever faced NATO. That is true as well for the North American and European economies upon which NATO rests, which account for roughly half of global GDP. Most media focused on the theatrics of this week’s 70th anniversary summit of NATO’s now-29 members. The biggest news – though woefully underreported – was that NATO, history’s most enduring and successful alliance, for the first-time defined China as a strategic challenge. However, alt


China has emerged as the most formidable challenge that has ever faced NATO.
That is true as well for the North American and European economies upon which NATO rests, which account for roughly half of global GDP.
Most media focused on the theatrics of this week’s 70th anniversary summit of NATO’s now-29 members.
The biggest news – though woefully underreported – was that NATO, history’s most enduring and successful alliance, for the first-time defined China as a strategic challenge.
However, alt
Managing China is NATO’s biggest challenge yet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: frederick kempe
Keywords: news, cnbc, companies, challenge, biggest, european, huaweis, summit, weeks, nato, trump, chinas, managing, united, china, natos, leader


Managing China is NATO's biggest challenge yet

China has emerged as the most formidable challenge that has ever faced NATO. That is true as well for the North American and European economies upon which NATO rests, which account for roughly half of global GDP.

Most media focused on the theatrics of this week’s 70th anniversary summit of NATO’s now-29 members. The biggest news – though woefully underreported – was that NATO, history’s most enduring and successful alliance, for the first-time defined China as a strategic challenge.

That news was drowned out by French leader Emmanuel Macron, who came into town having declared NATO brain dead; by Turkish leader Recep Tayyip Erdoğan, who responded that it instead was the French leader’s brain that was lifeless; by Canadian leader Justin Trudeau, who was caught mocking President Trump during allied cocktail hour; and by President Trump, who shrugged in response that the Canadian was two-faced.

As entertaining as all that was, more significant was that NATO allies have belatedly focused on the most significant challenge to world democracies and their market-driven economies in our new era of major power competition. However, although the closing NATO summit statement required unanimity, even more revealing is the ambiguity of its language, reflecting disagreement over whether Beijing is more of an economic opportunity than fundamental challenge.

“We recognize that China’s growing influence and international policies present both opportunities and challenges that we need to address together as an alliance,” it said.

That’s soft stuff considering that this authoritarian, state capitalist country has already become a global center of gravity – the world’s largest by population, ranking second only to the United States in military spending and, depending on what measure you like, is already or will soon be the largest economy on Earth.

The language was also muted compared to new outrage and legislative action in the United States and elsewhere regarding the reported repression of China’s Uighur Muslim minority, following weeks of Hong Kong protests and local elections supporting their cause, and in the face of continued concerns regarding Huawei’s 5G telecom dominance.

One also didn’t have to look far in the news this week to see new evidence of China’s growing partnerships with Russia, NATO’s primary focus for many years, ranging from a new 1,800 mile-long gas pipeline connecting both countries, to Huawei’s expanded relations with at least eight top Russian universities and research institutes.

Writing for Defense One, the Atlantic Council’s Barry Pavel and Ian Brzezinski have usefully called upon NATO to create a NATO-China Council that would collectively engage China on areas of concern. It would be a structural mechanism for dialogue with Russia to raise concerns, avoid misunderstandings and, where possible, foster cooperation.

The list of matters it would deal with is already a lengthy one, write the authors: Huawei’s targeting of European and North American digital infrastructure; increasing ownership of major European seaports critical to NATO; joint exercises with the Russian military, including in the Nordic-Baltic region; and cyber espionage and intellectual property theft.


Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: frederick kempe
Keywords: news, cnbc, companies, challenge, biggest, european, huaweis, summit, weeks, nato, trump, chinas, managing, united, china, natos, leader


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Trump calls for World Bank to stop lending money to China

U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections. The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025. “Why is the World Bank loaning money to China? “World Bank lending to China has fallen sharply and will continue to reduce as part of our agreement with all our shareholders


U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections.
The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.
“Why is the World Bank loaning money to China?
“World Bank lending to China has fallen sharply and will continue to reduce as part of our agreement with all our shareholders
Trump calls for World Bank to stop lending money to China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07
Keywords: news, cnbc, companies, china, billion, calls, trump, president, plan, world, bank, money, lending, stop


Trump calls for World Bank to stop lending money to China

US president Donald Trump is seen during his press conference at the 2018 NATO Summit in Brussels, Belgium on July 12, 2018.

U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections.

The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025. The plan calls for lending to “gradually decline” from the previous five-year average of $1.8 billion.

“Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they create it. STOP!” Trump wrote in a post on Twitter.

“World Bank lending to China has fallen sharply and will continue to reduce as part of our agreement with all our shareholders including the United States,” the World Bank said in an emailed statement to Reuters.

“We eliminate lending as countries get richer.”

Spokespeople for the White House declined to comment on the record.

The World Bank loaned China $1.3 billion in the fiscal 2019 year, which ended on June 30, a decrease from around $2.4 billion in fiscal 2017.

But the fall in the World Bank’s loans to China is not swift enough for the Trump administration, which has argued that Beijing is too wealthy for international aid.


Company: cnbc, Activity: cnbc, Date: 2019-12-07
Keywords: news, cnbc, companies, china, billion, calls, trump, president, plan, world, bank, money, lending, stop


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Microsoft President Brad Smith says work on JEDI continues despite Amazon protest

Brad Smith, President, Microsoft, on Future Societies stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. SIMI VALLEY, Calif. — Amazon’s decision to protest the Pentagon’s cloud computing contract hasn’t delayed Microsoft from working on the colossal Joint Enterprise Defense Infrastructure, or JEDI, deal. The JEDI contract, which could be worth up to $10 billion for services rendered over as many as 10 years, was awarded to Microsoft on October 25. Last month, Amazon


Brad Smith, President, Microsoft, on Future Societies stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal.
SIMI VALLEY, Calif. — Amazon’s decision to protest the Pentagon’s cloud computing contract hasn’t delayed Microsoft from working on the colossal Joint Enterprise Defense Infrastructure, or JEDI, deal.
The JEDI contract, which could be worth up to $10 billion for services rendered over as many as 10 years, was awarded to Microsoft on October 25.
Last month, Amazon
Microsoft President Brad Smith says work on JEDI continues despite Amazon protest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: amanda macias
Keywords: news, cnbc, companies, contract, cloud, trump, microsoft, smith, working, president, work, continues, despite, valley, told, protest, brad, amazon, jedi


Microsoft President Brad Smith says work on JEDI continues despite Amazon protest

Brad Smith, President, Microsoft, on Future Societies stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal.

SIMI VALLEY, Calif. — Amazon’s decision to protest the Pentagon’s cloud computing contract hasn’t delayed Microsoft from working on the colossal Joint Enterprise Defense Infrastructure, or JEDI, deal.

“We were working every day before we won that contract to make the product better,” Microsoft President Brad Smith told CNBC in an exclusive interview on the sidelines at the Reagan National Defense Forum in Simi Valley, California. “We have if anything been moving even faster since that contract was awarded,” he added.

The JEDI contract, which could be worth up to $10 billion for services rendered over as many as 10 years, was awarded to Microsoft on October 25. Last month, Amazon filed a notice in the U.S. Court of Federal Claims indicating a plan to protest the Pentagon’s decision to award Microsoft the multibillion-dollar cloud contract.

“Numerous aspects of the JEDI evaluation process contained clear deficiencies, errors, and unmistakable bias — and it’s important that these matters be examined and rectified,” Amazon told CNBC in an email.

Amazon’s AWS chief Andy Jassy told CNBC’s Jon Fortt in an exclusive interview that the cloud contracting was not adjudicated fairly.

“You know, there was significant political interference here,” Jassy explained of the JEDI award.

“When you have a sitting president who’s willing to be very vocal that they dislike a company and the CEO of that company, it makes it difficult for government agencies, including the DoD to make objective decisions without fear of reprisal. And I think that’s dangerous and risky for our country,” he added.

The billionaire executive has been a constant source of frustration for the president. Bezos owns The Washington Post, which President Donald Trump regularly criticizes for its coverage of his administration. Trump also has gone after Amazon repeatedly for, as he claims, not paying its fair share of taxes and ripping off the U.S. Post Office.

Trump said in July that companies conveyed that the specifications of the JEDI cloud contract favored Amazon.

“I never had something where more people are complaining,” Trump said in July at the White House, adding that he was seriously considering looking at the Pentagon contract. “Some of the greatest companies in the world are complaining about it,” he added, naming Microsoft, Oracle and IBM.


Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: amanda macias
Keywords: news, cnbc, companies, contract, cloud, trump, microsoft, smith, working, president, work, continues, despite, valley, told, protest, brad, amazon, jedi


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North Korea’s UN envoy says denuclearization off negotiating table with United States

North Korea’s ambassador to the United Nations said on Saturday that denuclearization is off the negotiating table with the United States and lengthy talks with Washington are not needed. Tensions have risen ahead of a year-end deadline set by North Korea, which has called on the United States to change its policy of demanding Pyongyang’s unilateral denuclearization and demanded relief from punishing sanctions. On Tuesday, Trump once again called Kim “Rocket Man” and said the United States reser


North Korea’s ambassador to the United Nations said on Saturday that denuclearization is off the negotiating table with the United States and lengthy talks with Washington are not needed.
Tensions have risen ahead of a year-end deadline set by North Korea, which has called on the United States to change its policy of demanding Pyongyang’s unilateral denuclearization and demanded relief from punishing sanctions.
On Tuesday, Trump once again called Kim “Rocket Man” and said the United States reser
North Korea’s UN envoy says denuclearization off negotiating table with United States Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07
Keywords: news, cnbc, companies, trump, north, states, president, negotiating, korea, korean, koreas, envoy, united, kim, jong, table, denuclearization


North Korea's UN envoy says denuclearization off negotiating table with United States

U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the demilitarized zone separating the two Koreas, in Panmunjom, South Korea, June 30, 2019.

North Korea’s ambassador to the United Nations said on Saturday that denuclearization is off the negotiating table with the United States and lengthy talks with Washington are not needed.

Ambassador Kim Song’s comment appeared to go further than North Korea’s earlier warning that discussions related to its nuclear weapons program, the central focus of U.S. engagement with North Korea in the past two years, might have to be taken off the table given Washington’s refusal to offer concessions.

Kim said in a statement that the “sustained and substantial dialogue” sought by the United States was a “time-saving trick” to suit its domestic political agenda, a reference to U.S. President Donald Trump’s 2020 reelection bid.

“We do not need to have lengthy talks with the U.S. now and denuclearization is already gone out of the negotiating table,” he said in the statement made available to Reuters.

The U.S. State Department did not immediately respond to a request for comment.

Tensions have risen ahead of a year-end deadline set by North Korea, which has called on the United States to change its policy of demanding Pyongyang’s unilateral denuclearization and demanded relief from punishing sanctions.

North Korean leader Kim Jong Un has warned he could take an unspecified “new path” next year, raising fears this could mean a return to the nuclear bomb and long-range missile testing suspended since 2017.

On Tuesday, North Korea’s Foreign Ministry repeated a call for Washington to change its “hostile policies” and said it was up to Washington to decide what “Christmas gift” came at the end of the year.

Kim Song also hit out at a statement this week from EU members of the U.N. Security Council criticizing recent short range launches by North Korea, calling it a “serious provocation” against Pyongyang and saying they were playing the role of “pet dog” of the United States.

Trump and Kim Jong Un have met three times since June 2018, but talks have made little progress and recent days have seen a return to the highly charged rhetoric that raised fears of war two years ago.

In 2017, the two leaders famously engaged in a war of words, with Trump calling Kim Jong Un “Rocket Man” and North Korea slamming the U.S. president, now 73, as a “dotard.”

On Tuesday, Trump once again called Kim “Rocket Man” and said the United States reserved the right to use military force against North Korea. Pyongyang said any repeat of such language would represent “the relapse of the dotage of a dotard.”

In spite of Trump’s reprise of the Rocket Man meme, he still expressed hope that Kim Jong Un would denuclearize. On Friday the U.S. ambassador to the United Nations said the United States had not yet decided whether to have a U.N. Security Council meeting to discuss North Korean human rights abuses that has angered Pyongyang.

On Friday, South Korea said Trump and South Korean President Moon Jae-in held a half-hour phone discussion on ways to maintain diplomacy with North Korea.

It said the two leaders agreed that the situation has become “severe” and that “dialogue momentum should be maintained to achieve prompt results from denuclearization negotiations.”


Company: cnbc, Activity: cnbc, Date: 2019-12-07
Keywords: news, cnbc, companies, trump, north, states, president, negotiating, korea, korean, koreas, envoy, united, kim, jong, table, denuclearization


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Kudlow says a trade deal is close, but Trump is prepared to ‘walk away’ if some conditions not met

Larry Kudlow, White House National Economic Council director, said the U.S. and China are “close” to a trade deal but that the administration was prepared to walk away if it did not get the terms they wanted. We will walk away,” Kudlow said on CNBC’s “Squawk on the Street” on Friday. “The president has said that if we can not get the enforcement and the assurances, then we will not go forward.” The two countries are in talks to finalize a so-called phase one trade deal as 15% tariffs on $165 bil


Larry Kudlow, White House National Economic Council director, said the U.S. and China are “close” to a trade deal but that the administration was prepared to walk away if it did not get the terms they wanted.
We will walk away,” Kudlow said on CNBC’s “Squawk on the Street” on Friday.
“The president has said that if we can not get the enforcement and the assurances, then we will not go forward.”
The two countries are in talks to finalize a so-called phase one trade deal as 15% tariffs on $165 bil
Kudlow says a trade deal is close, but Trump is prepared to ‘walk away’ if some conditions not met Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: yun li
Keywords: news, cnbc, companies, fact, walk, away, good, kudlow, tariffs, close, president, trade, conditions, talks, met, trump, deal, prepared


Kudlow says a trade deal is close, but Trump is prepared to 'walk away' if some conditions not met

Larry Kudlow, White House National Economic Council director, said the U.S. and China are “close” to a trade deal but that the administration was prepared to walk away if it did not get the terms they wanted.

“The president has said many times if the deal is no good, if the assurances with respects to preventing future thefts, if the enforcement procedure is no good he has said we will not go for it. We will walk away,” Kudlow said on CNBC’s “Squawk on the Street” on Friday. “The president has said that if we can not get the enforcement and the assurances, then we will not go forward.”

The two countries are in talks to finalize a so-called phase one trade deal as 15% tariffs on $165 billion in Chinese imports are set to kick in Dec. 15. Kudlow said the two sides are moving closer to a deal.

“The deal is close. It’s probably even closer than in mid-November,” Kudlow said. “Deputy level met again … The reality is constructive talks, almost daily talks. We are in fact close…There’s no arbitrary deadlines, but the fact remains December 15 is a very important date with respect to a no go or go on tariffs.”


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: yun li
Keywords: news, cnbc, companies, fact, walk, away, good, kudlow, tariffs, close, president, trade, conditions, talks, met, trump, deal, prepared


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Trump’s tricky decision: Hit Chinese goods with new tariffs or hold off?

U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. In this multifront, multiyear trade war, with shifting deadlines and political headwinds, it has paid for investors to beware the ides of March. “If enough substantive progress had been made, he might” be willing to delay, Commerce Secretary Wilbur Ross told CNBC this week. Republicans and Democrats alike would worry the Whit


U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019.
In this multifront, multiyear trade war, with shifting deadlines and political headwinds, it has paid for investors to beware the ides of March.
“If enough substantive progress had been made, he might” be willing to delay, Commerce Secretary Wilbur Ross told CNBC this week.
Republicans and Democrats alike would worry the Whit
Trump’s tricky decision: Hit Chinese goods with new tariffs or hold off? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: kayla tausche
Keywords: news, cnbc, companies, decision, hold, mnuchin, tariffs, goods, president, chinese, talking, trump, trade, secretary, tricky, donald, trumps, deal, hit


Trump's tricky decision: Hit Chinese goods with new tariffs or hold off?

U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019.

In this multifront, multiyear trade war, with shifting deadlines and political headwinds, it has paid for investors to beware the ides of March. May. August. October. And now, December.

In less than two weeks, President Donald Trump must decide whether to slap tariffs on $156 billion in consumer goods made in China — including toys, phones, laptops and clothes, right before the holidays — or move the goal post yet again in lieu of the comprehensive trade deal he’s been seeking.

“If enough substantive progress had been made, he might” be willing to delay, Commerce Secretary Wilbur Ross told CNBC this week. Treasury Secretary Steven Mnuchin said Thursday the two sides were still “on track,” for a deal and still talking, but he did not say whether the tariffs would be shelved.

During the Oval Office announcement of the latest truce, Mnuchin assured the public there would be more than enough time to finish the deal and permanently avert further tariffs.

That was two months ago.

Trump now has a complicated calculus to consider: Postponing the tariffs would avoid a market sell-off and higher holiday prices — and the ire of CEOs like Tim Cook and Jamie Dimon whom Trump has come to not only trust but revere. But doing so with anything short of a deal-signing — which Trump said in October was the next step — would mark the fifth instance this year that he delayed or canceled tariffs as a gesture of goodwill, further exposing him to criticism that the “phase one” deal exists only as a talking point.

Enacting the tariffs would cause its own problems. Republicans and Democrats alike would worry the White House was gambling with a U.S. economy already seeing some cracks in its strength. American farmers, many in swing states, would see exports further shrink and endure deeper financial suffering, not to mention continued retaliation.


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: kayla tausche
Keywords: news, cnbc, companies, decision, hold, mnuchin, tariffs, goods, president, chinese, talking, trump, trade, secretary, tricky, donald, trumps, deal, hit


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Elizabeth Warren releases doctor’s note describing good health as voters weigh ages of 2020 presidential contenders

Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination. The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country. About one sixth of voters are concerned about his age, according to the Los Angeles Times poll. Sanders made public a doctor’s note during


Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination.
The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country.
About one sixth of voters are concerned about his age, according to the Los Angeles Times poll.
Sanders made public a doctor’s note during
Elizabeth Warren releases doctor’s note describing good health as voters weigh ages of 2020 presidential contenders Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: tucker higgins
Keywords: news, cnbc, companies, good, releases, times, president, presidential, voters, weigh, note, health, warren, elizabeth, medical, release, trump, doctors, concerned


Elizabeth Warren releases doctor's note describing good health as voters weigh ages of 2020 presidential contenders

Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks to guests during a campaign stop at the Val Air Ballroom on November 25, 2019 in West Des Moines, Iowa.

Sen. Elizabeth Warren released a doctor’s note on Friday saying that the 70-year-old progressive is in good health, as voters consider the vitality of her and her fellow septuagenarians vying for the Democratic nomination.

“Senator Warren is in excellent health and has been throughout the 20 years I have served as her physician,” Beverly Woo, an associate professor of medicine at Harvard Medical School, wrote in a letter dated Wednesday and obtained by NBC News.

Woo wrote that there are “no medical conditions or health problems that would keep her from fulfilling the duties of the President of the United States.”

The memo noted that Warren has never smoked, used drugs or had a problem with alcohol, and that she exercises regularly and eats healthfully. Her only medical condition, hypothyroidism, is being treated by a daily dose of levothyroxine. Blood tests in January, taken at her most recent physical, came back normal.

The clean bill of health comes as voters consider whether the race’s oldest contenders are up to the grueling task of running the country.

A survey conducted for The Los Angeles Times and released on Thursday showed that a third of voters are concerned that Sen. Bernie Sanders, I-Vt. and former Vice President Joe Biden could be hampered in the job because of their ages.

Sanders, 78, and Biden, 77, lead Warren in support in national surveys. But voters are less concerned about Warren’s health.

Only 7% of voters told the pollsters conducting the survey they shared the same concerns about her. Warren has made a show of her endurance during the race, frequently spending hours on her feet after campaign events taking photos and chatting with supporters.

Michael Bloomberg, the former mayor of New York who entered the primary contest last month, is 77. About one sixth of voters are concerned about his age, according to the Los Angeles Times poll.

Sanders, Biden and Bloomberg did not immediately respond to requests for comment.

Biden has said that he will release his medical records before votes are cast, and has criticized those who have questioned his vigor, challenging one Iowa voter to pushup and IQ contests on Thursday.

Sanders, who was hospitalized in October after a heart attack, has said he will release his medical records by year’s end. Sanders made public a doctor’s note during his 2016 run that pronounced him to be in good shape.

President Donald Trump, who is 73, has had numerous physicals while in office. In February, his physician said that Trump was in “very good health.” (Trump was 72 at the time.)

In November, the president made an unannounced visit to Walter Reed National Military Medical Center that the White House said was the first part of his routine annual physical.

The White House did not release details about the visit, but press secretary Stephanie Grisham said following the examination that Trump was healthy, “as demonstrated by his repeated vigorous rally performances in front of thousands of Americans several times a week.”


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: tucker higgins
Keywords: news, cnbc, companies, good, releases, times, president, presidential, voters, weigh, note, health, warren, elizabeth, medical, release, trump, doctors, concerned


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Democrats need to realize that impeaching Trump may not accomplish anything at all

It’s hard to deny that anti-Trump sentiment and a desire to oust him from office is a unifying issue for Democrats. Do the Democrats really need more anti-Trump publicity? A recent study by the conservative Media Research Council found that 96 percent of network news stories covering President Trump were negative since the impeachment inquiry began. The White House and several Trump supporters have been arguing that the impeachment process is solidifying the president’s chances at re-election. T


It’s hard to deny that anti-Trump sentiment and a desire to oust him from office is a unifying issue for Democrats.
Do the Democrats really need more anti-Trump publicity?
A recent study by the conservative Media Research Council found that 96 percent of network news stories covering President Trump were negative since the impeachment inquiry began.
The White House and several Trump supporters have been arguing that the impeachment process is solidifying the president’s chances at re-election.
T
Democrats need to realize that impeaching Trump may not accomplish anything at all Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: jake novak
Keywords: news, cnbc, companies, realize, democrats, accomplish, impeachment, house, antitrump, trump, impeaching, negative, president, presidential, need


Democrats need to realize that impeaching Trump may not accomplish anything at all

Now that House Speaker Nancy Pelosi has asked House committee chairmen to draft articles of impeachment for President Donald Trump, it’s a virtual certainty that he will be impeached and tried in the U.S. Senate.

But Democrats should consider at least four burning questions before moving forward:

1. Does this energize the Democrats for 2020, or take their eyes off the ball?

It’s hard to deny that anti-Trump sentiment and a desire to oust him from office is a unifying issue for Democrats.

Some pundits argue that while impeaching Trump is not likely to lead to his removal by the Republican-majority in the U.S. Senate, failing to at least bring him up for an impeachment trial risks turning off the Democratic base.

But that argument seems like a stretch, judging by the constant rage we see against Trump from his opponents on the left. Would Democratic voters really stay home and not vote for Trump’s 2020 opponent if no impeachment vote passes?

It’s also hard to imagine large numbers of voters angrily voting against Trump at the top of the ballot, and then simply leaving the bottom of the ballot blank or opting for pro-Trump GOP candidates in Congressional races

2. Do the Democrats really need more anti-Trump publicity?

As the impeachment process moves forward and likely moves to a trial in the Senate, the Democrats are getting what amounts to a free 24/7 negative political ad against Trump on the TV news networks.

So what else is new?

In case you haven’t noticed. Just about all the TV news coverage of this president has been negative and those networks have barely covered anything else. A recent study by the conservative Media Research Council found that 96 percent of network news stories covering President Trump were negative since the impeachment inquiry began. But that’s only four percentage points higher than the same group’s results from a study about one year ago.

Democrats should focus more on positive stories about their own still crowded field of presidential candidates, and something that defines them other than just being anti-Trump. They need something more like the inspirational story of Barack Obama’s quest to become the first African-American to win the White House in 2008, or a young Bill Clinton’s push to move us past the older generation’s Cold War focus in 1992. Focusing only on replacing Trump won’t get that done.

3. This helps Trump… a little.

The White House and several Trump supporters have been arguing that the impeachment process is solidifying the president’s chances at re-election. Their argument is that the Democrats are coming off as vindictive and derelict in their duties as lawmakers by focusing on attacking Trump.

That seems a little too optimistic. But what is demonstrably true is that a good section of President Trump’s loyal base has indeed been fired up. The Trump re-election campaign has been using the impeachment as an excuse to ask for more donations and online engagement, and by all accounts it’s paying off. One can argue that added funds don’t make a major difference for an incumbent president who already has the power of his office and Air Force One to spread his message across the world.

But it doesn’t hurt.

4. It’s not all about Trump.

The need to present something other than an attack on the president is about more than just inspiring personalities. Yes, anti-Trump sentiment came off as a key national theme for the Democrats running for Congress in the 2018 elections. But the Democrats would be wise to remember that they retook the House in a midterm contest that saw healthcare consistently ranked as the top voter concern. The Republicans’ failure to repeal and replace Obamacare as promised surely added to their midterm woes last year and a failure to get anywhere on the issue in this session of Congress could be a similar liability for the Democrats in 2020.

Since the midterm election, things have only gotten worse with healthcare costs rising and the percentage of Americans without health insurance rising. The Democrats still have a shot at crafting a unified message on healthcare packed with plenty of attacks on the Trump administration and the Republicans for failing to rein in costs.

But good luck getting that message the attention and repetition in the news media it would need to get noticed in the midst of the impeachment obsession. Don’t even think about the Democrats putting together a major Obamacare overhaul bill right now either.

It’s not often that a #1 voter issue doesn’t even get much lip service from politicians. But that’s happening now.

Of course the impeachment will still go forward, despite the above questions and concerns. It’s also not too late for the Democrats in Congress and on the presidential campaign trail to make the proper adjustments to avoid all the impeachment-related pitfalls they face. But that will take a lot more foresight than we’re seeing evidence of right now.

The most likely outcome is that what was once considered the absolute nadir for a presidential administration will end up barely moving the electoral needle one way or another.

Jake Novak is a political and economic analyst at Jake Novak News and former CNBC TV producer. You can follow him on Twitter @jakejakeny.


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: jake novak
Keywords: news, cnbc, companies, realize, democrats, accomplish, impeachment, house, antitrump, trump, impeaching, negative, president, presidential, need


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