Trump blasts Democrats on immigration amid migrant caravan crisis

Amid worsening tensions in the White House over refugees from Guatemala and Honduras flocking to the border, Trump took to Twitter and blamed Democrats for being weak on border security. With the November midterms just 17 days away, Trump has become more vocal about the border crisis. I want to build a wall,” Trump told the crowd. Meanwhile, former Vice President Joe Biden was also in Nevada, headlining a get-out-the vote rally for Democrats in Las Vegas. Trump has reportedly become frustrated b


Amid worsening tensions in the White House over refugees from Guatemala and Honduras flocking to the border, Trump took to Twitter and blamed Democrats for being weak on border security. With the November midterms just 17 days away, Trump has become more vocal about the border crisis. I want to build a wall,” Trump told the crowd. Meanwhile, former Vice President Joe Biden was also in Nevada, headlining a get-out-the vote rally for Democrats in Las Vegas. Trump has reportedly become frustrated b
Trump blasts Democrats on immigration amid migrant caravan crisis Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: matthew j belvedere, nicholas kamm, afp, getty images, reuters ueslei marcelino tpx
Keywords: news, cnbc, companies, migrant, caravan, democrats, wall, amid, immigration, blasts, house, white, crisis, trump, president, rally, issue, border


Trump blasts Democrats on immigration amid migrant caravan crisis

President Donald Trump on Saturday launched a new salvo in the fierce battle over immigration, blasting Democrats for obstructing his efforts to secure the border as thousands of Central American migrants flooded the dividing line between the U.S. and Mexico.

Amid worsening tensions in the White House over refugees from Guatemala and Honduras flocking to the border, Trump took to Twitter and blamed Democrats for being weak on border security. Calling attention to the “horrors taking place on the border,” the president urged Senate Minority Leader Chuck Schumer, D-New York, and House Minority Leader Nancy Pelosi, D-California, to work with the White House on a solution.

With the November midterms just 17 days away, Trump has become more vocal about the border crisis. At an election rally on Friday in front of thousands of supporters in Arizona, a state bordered by Mexico.

“Democrats want to throw your borders wide open to criminals. I want to build a wall,” Trump told the crowd. “The Democrats don’t care that a flood of illegal immigration is going to bankrupt our country.”

The president held a rally in rural Nevada on Saturday afternoon. Meanwhile, former Vice President Joe Biden was also in Nevada, headlining a get-out-the vote rally for Democrats in Las Vegas.

The president and Republicans are trying to fire up their base ahead of next month’s hotly-contested election, in an effort to stave off a possible “blue wave” that could see Democrats elected in large numbers.

Trump has reportedly become frustrated by efforts to stymie his tough stance on immigration, an issue that launched his 2016 election bid. Several publications this week reported an expletive-filled shouting match between White House Chief of Staff John Kelly and National Security Adviser John Bolton over the issue, sparking new concerns Kelly could resign.

In September, the president signed a spending bill to keep the government open, despite previously calling the measure “ridiculous” because it did not include funding for a wall along the southern border. White House budget director Mick Mulvaney told CNBC shortly after the House followed the Senate in passing the funding measure that the administration would take up the wall issue after the midterms.


Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: matthew j belvedere, nicholas kamm, afp, getty images, reuters ueslei marcelino tpx
Keywords: news, cnbc, companies, migrant, caravan, democrats, wall, amid, immigration, blasts, house, white, crisis, trump, president, rally, issue, border


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Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms

President Donald Trump says he will pull the United States from the Intermediate-Range Nuclear Forces Treaty with Russia. Trump says Moscow has violated the agreement, but provided no details. The 1987 pact helps protect the security of the U.S. and its allies in Europe and the Far East. It prohibits the United States and Russia from possessing, producing or test-flying a ground-launched cruise missile with a range of 300 to 3,400 miles. Said Trump: “We are going to terminate the agreement and t


President Donald Trump says he will pull the United States from the Intermediate-Range Nuclear Forces Treaty with Russia. Trump says Moscow has violated the agreement, but provided no details. The 1987 pact helps protect the security of the U.S. and its allies in Europe and the Far East. It prohibits the United States and Russia from possessing, producing or test-flying a ground-launched cruise missile with a range of 300 to 3,400 miles. Said Trump: “We are going to terminate the agreement and t
Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: tass, getty images
Keywords: news, cnbc, companies, unless, saying, states, pull, security, violated, going, weapons, pact, trump, moscow, russia, violating, terms, agreement, united, threatens


Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms

President Donald Trump says he will pull the United States from the Intermediate-Range Nuclear Forces Treaty with Russia.

Trump says Moscow has violated the agreement, but provided no details.

The 1987 pact helps protect the security of the U.S. and its allies in Europe and the Far East. It prohibits the United States and Russia from possessing, producing or test-flying a ground-launched cruise missile with a range of 300 to 3,400 miles.

Trump made the announcement Saturday following a campaign stop in Elko, Nevada. National Security Adviser John Bolton was headed Saturday to Russia, Azerbaijan, Armenia and Georgia.

Said Trump: “We are going to terminate the agreement and then we are going to develop the weapons” unless Russia and China agree to a new deal.


Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: tass, getty images
Keywords: news, cnbc, companies, unless, saying, states, pull, security, violated, going, weapons, pact, trump, moscow, russia, violating, terms, agreement, united, threatens


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Chart shows how everything has changed since Trump became president

Since Donald Trump won the presidency, he has presided over both one the most tumultuous political times in recent memory, as well as the best economy the country has seen since well before the financial crisis. The chart below, using mostly data compiled by Goldman Sachs, quantifies just how much things changed from the days just before the election in November 2016 through September 2018. Of course, the stock market has weakened in October, which has been its historically most volatile month.


Since Donald Trump won the presidency, he has presided over both one the most tumultuous political times in recent memory, as well as the best economy the country has seen since well before the financial crisis. The chart below, using mostly data compiled by Goldman Sachs, quantifies just how much things changed from the days just before the election in November 2016 through September 2018. Of course, the stock market has weakened in October, which has been its historically most volatile month.
Chart shows how everything has changed since Trump became president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: jeff cox, jonathan ernst
Keywords: news, cnbc, companies, things, won, trump, weakened, took, volatile, president, shows, using, chart, times, changed, tumultuous


Chart shows how everything has changed since Trump became president

Since Donald Trump won the presidency, he has presided over both one the most tumultuous political times in recent memory, as well as the best economy the country has seen since well before the financial crisis. Consumer and small business confidence is up — but so are both the national debt and budget deficit.

The chart below, using mostly data compiled by Goldman Sachs, quantifies just how much things changed from the days just before the election in November 2016 through September 2018.

Of course, the stock market has weakened in October, which has been its historically most volatile month. The chart doesn’t include GDP, which has averaged 2.72 percent since Trump took over, compared to the 1.6 percent gain in 2016.

But the numbers provide a solid overview of how conditions have evolved during the 45th president’s time in office.


Company: cnbc, Activity: cnbc, Date: 2018-10-20  Authors: jeff cox, jonathan ernst
Keywords: news, cnbc, companies, things, won, trump, weakened, took, volatile, president, shows, using, chart, times, changed, tumultuous


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Texas Senate race: Trump hits Beto O’Rourke, boosts Ted Cruz

President Donald Trump tried to stoke fears of socialism Friday as he bashed Rep. Beto O’Rourke, the Democrat pushing to upset Republican Sen. Ted Cruz in red Texas. Ahead of his Monday visit to Houston, Trump called the 46-year-old representative a “total lightweight compared to Ted Cruz” who “comes nowhere near representing the values and desires” of Texans. The tweet comes as O’Rourke has forced Republicans to work harder than they typically do in statewide Texas races. But the GOP has repeat


President Donald Trump tried to stoke fears of socialism Friday as he bashed Rep. Beto O’Rourke, the Democrat pushing to upset Republican Sen. Ted Cruz in red Texas. Ahead of his Monday visit to Houston, Trump called the 46-year-old representative a “total lightweight compared to Ted Cruz” who “comes nowhere near representing the values and desires” of Texans. The tweet comes as O’Rourke has forced Republicans to work harder than they typically do in statewide Texas races. But the GOP has repeat
Texas Senate race: Trump hits Beto O’Rourke, boosts Ted Cruz Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: jacob pramuk, al drago, cq roll call, getty images
Keywords: news, cnbc, companies, gop, boosts, trump, democrat, hits, senate, race, statewide, texas, orourke, beto, democrats, ted, cruz


Texas Senate race: Trump hits Beto O'Rourke, boosts Ted Cruz

President Donald Trump tried to stoke fears of socialism Friday as he bashed Rep. Beto O’Rourke, the Democrat pushing to upset Republican Sen. Ted Cruz in red Texas.

Ahead of his Monday visit to Houston, Trump called the 46-year-old representative a “total lightweight compared to Ted Cruz” who “comes nowhere near representing the values and desires” of Texans. He suggested O’Rourke wants to “turn Texas into Venezuela” — deploying rhetoric he has used in an attempt to portray Democrats as dangerous leftists as the GOP tries to defend its congressional majorities on Nov. 6.

The tweet comes as O’Rourke has forced Republicans to work harder than they typically do in statewide Texas races. The Democrat, who has harnessed his party’s energy and smashed Senate fundraising records with a $38 million haul in the third quarter, would shake up the battle for control of the Senate if he shocked Cruz next month.

O’Rourke’s campaign did not immediately respond to a request for comment.

O’Rourke has gone no further left than a typical American Democrat. He has advocated for policies such as Medicaid expansion, tighter background checks for gun sales and a path to citizenship for young immigrants brought to the U.S. illegally as children. But the GOP has repeatedly cast him as too liberal for the state, which Trump carried by about 9 percentage points in 2016. Democrats have not won a statewide race there in more than 20 years.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: jacob pramuk, al drago, cq roll call, getty images
Keywords: news, cnbc, companies, gop, boosts, trump, democrat, hits, senate, race, statewide, texas, orourke, beto, democrats, ted, cruz


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Trump-approved boycott appears to be hitting Harley-Davidson amid rising trade-ins for rival Indian brand

A boycott of Harley-Davidson encouraged by President Donald Trump seems to be having a significant impact on the iconic motorcycle manufacturer. While that didn’t cover the period from when the president’s dispute with the company began, Johnson said recent evidence suggests the boycott is adding to Harley’s woes. The issues this year continue a trend in which Polaris and Indian have been able to take market share. In addition, Indian has grown year-over-year sales in 42 of 46 months, while Harl


A boycott of Harley-Davidson encouraged by President Donald Trump seems to be having a significant impact on the iconic motorcycle manufacturer. While that didn’t cover the period from when the president’s dispute with the company began, Johnson said recent evidence suggests the boycott is adding to Harley’s woes. The issues this year continue a trend in which Polaris and Indian have been able to take market share. In addition, Indian has grown year-over-year sales in 42 of 46 months, while Harl
Trump-approved boycott appears to be hitting Harley-Davidson amid rising trade-ins for rival Indian brand Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: jeff cox, fabian bimmer
Keywords: news, cnbc, companies, company, johnson, appears, hitting, trump, tradeins, market, indian, public, harley, rival, trumpapproved, harleydavidson, boycott, president, rising, brand, impact


Trump-approved boycott appears to be hitting Harley-Davidson amid rising trade-ins for rival Indian brand

A boycott of Harley-Davidson encouraged by President Donald Trump seems to be having a significant impact on the iconic motorcycle manufacturer.

Harley sales already had slipped 8.7 percent in the first half of 2018 while its main American competitor, Polaris and its Indian brand, saw a 4 percent gain, according to industry analyst Gerrick L. Johnson at BMO Capital Markets. While that didn’t cover the period from when the president’s dispute with the company began, Johnson said recent evidence suggests the boycott is adding to Harley’s woes.

Harley riders have been trading in their “hogs” in increasing numbers as the company fights through a public relations nightmare created when it said it was shifting some production overseas, Johnson said. The Milwaukee-based manufacturer said it was doing so in response to retaliatory tariffs abroad due to Trump’s duties on steel and aluminum imports from other countries.

While both companies have tried to tamp down the president’s influence on motorcycle sales, Johnson said the impact is unlikely to be a coincidence. Back in August, Trump used his Twitter account to lambaste the company for its production shift and seemed to back a boycott he said was already underway.

“While President Trump’s assessment of HOG’s actions in his tweets were often factually inaccurate, the damage has been done,” Johnson said in a research note. “Dealers are feeling an impact, and we find that the impact has become more acute over time.”

Johnson said he was cutting Harley’s stock from outperform to market perform and knocked the price target to $45 from $52, which still implies 11.5 percent upside from Thursday’s close. Harley shares were off 1.3 percent in premarket trading Friday morning after sliding 3.1 percent in Thursday’s broad market sell-off. The stock has tumbled just over 20 percent year to date.

CNBC has reached out to Harley-Davidson for comment. The company officially reports earnings on Monday.

It’s not so much a problem with Harley’s products — Johnson said, in fact, that the company has continued to bring good bikes to market, but to little avail.

“For the first time in 10 years of covering powersports we have seen a manufacturer develop innovative new products that are significantly better than what they replace, and yet not seen an increase in demand,” he wrote.

But the company, according to the analysis, has failed to capture young riders, due in part to overpricing, and it managed the public relations poorly around the production move and Trump’s subsequent reaction.

“The overlap between Donald Trump supporters and Harley riders is significant,” Johnson said. “Thus, it’s disconcerting to have the President call on these consumers to boycott the brand. In response to new European tariffs on American motorcycles, HOG may have had the right financial intentions but the way it communicated its strategy was a public relations debacle.”

Johnson suggested the company shouldn’t have been as public as it was in announcing the move and shouldn’t have decided to “poke” the president when doing so.

The issues this year continue a trend in which Polaris and Indian have been able to take market share. The company still only holds 7 percent of the market for “heavyweight” brands, compared to 50 percent for Harley-Davidson, but says it has about a 20 percent share in the mid-size market, which is geared toward younger riders.

In addition, Indian has grown year-over-year sales in 42 of 46 months, while Harley has done so just 12 times during the period.

Since the battle with Trump, Johnson said he has found “that a majority of dealers feel they have lost at least some sales.”

“It should be disconcerting to HOG investors that most Indian dealers we speak with are seeing an uptick in Harley trade-ins for whatever the reason may be,” the analyst wrote.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: jeff cox, fabian bimmer
Keywords: news, cnbc, companies, company, johnson, appears, hitting, trump, tradeins, market, indian, public, harley, rival, trumpapproved, harleydavidson, boycott, president, rising, brand, impact


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Investor and Trump friend Tom Barrack not going to Saudi conference

Billionaire investor and one of President Donald Trump’s closest allies Tom Barrack will not be attending the Future Investment Initiative conference in Saudi Arabia, CNBC has learned. Mnuchin and Barrack were slated to be on a panel together next Tuesday in Riyadh. Barrack, a Lebanese American, became close to the president and his operation during the 2016 presidential election. He was one of the lead business figures who helped raise funds for then-candidate Trump and later introduced him to


Billionaire investor and one of President Donald Trump’s closest allies Tom Barrack will not be attending the Future Investment Initiative conference in Saudi Arabia, CNBC has learned. Mnuchin and Barrack were slated to be on a panel together next Tuesday in Riyadh. Barrack, a Lebanese American, became close to the president and his operation during the 2016 presidential election. He was one of the lead business figures who helped raise funds for then-candidate Trump and later introduced him to
Investor and Trump friend Tom Barrack not going to Saudi conference Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: brian schwartz, david a grogan
Keywords: news, cnbc, companies, investment, friend, investor, going, trump, conference, trumps, tom, funds, later, real, president, business, saudi, barrack, attending


Investor and Trump friend Tom Barrack not going to Saudi conference

Billionaire investor and one of President Donald Trump’s closest allies Tom Barrack will not be attending the Future Investment Initiative conference in Saudi Arabia, CNBC has learned.

Barrack will no longer be attending as his speaking session was cancelled by the conference hosts after Treasury Secretary Steven Mnuchin pulled out of attending on Thursday, according to a source with direct knowledge of the matter.

Mnuchin and Barrack were slated to be on a panel together next Tuesday in Riyadh.

Barrack is the latest prominent business figure who have dropped out of taking part in the conference, also known as “Davos in the Desert,” following the disappearance of Washington Post columnist Jamal Khashoggi.

A spokesman for Barrack declined to comment.

Barrack, a Lebanese American, became close to the president and his operation during the 2016 presidential election. He was one of the lead business figures who helped raise funds for then-candidate Trump and later introduced him to his previous campaign chairman Paul Manafort. Barrack later served as chairman of Trump’s inaugural committee

Barrack himself has strong business ties to the Middle East. He reportedly has $200 million invested into the region. His real estate investment firm, Colony Capital, manages at least $34 billion in assets, including $18 billion in over 16 commercial real estate and distressed debt-focused funds.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: brian schwartz, david a grogan
Keywords: news, cnbc, companies, investment, friend, investor, going, trump, conference, trumps, tom, funds, later, real, president, business, saudi, barrack, attending


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Trump praises Montana congressman who body-slammed reporter


Trump praises Montana congressman who body-slammed reporter Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19
Keywords: news, cnbc, companies, congressman, trump, montana, praises, bodyslammed, reporter



Company: cnbc, Activity: cnbc, Date: 2018-10-19
Keywords: news, cnbc, companies, congressman, trump, montana, praises, bodyslammed, reporter


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Kamala Harris, Democrats push to repeal and replace Trump tax cuts

Earlier this year, Senate Democrats announced a more modest proposal to roll back the GOP tax cuts: Move the top tax rate for individuals back to 39 percent, raise the corporate tax rate 4 percentage points to 25 percent and reinstate the alternative minimum tax. “We must reform our tax code in a way that is fiscally responsible, addresses our long-term economic competitiveness needs and helps working families,” he said in a statement. Brown and Khanna’s plan is expected to cost about $1.4 trill


Earlier this year, Senate Democrats announced a more modest proposal to roll back the GOP tax cuts: Move the top tax rate for individuals back to 39 percent, raise the corporate tax rate 4 percentage points to 25 percent and reinstate the alternative minimum tax. “We must reform our tax code in a way that is fiscally responsible, addresses our long-term economic competitiveness needs and helps working families,” he said in a statement. Brown and Khanna’s plan is expected to cost about $1.4 trill
Kamala Harris, Democrats push to repeal and replace Trump tax cuts Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: ylan mui, andrew harrer, bloomberg, getty images, david paul morris, -rep ro khanna
Keywords: news, cnbc, companies, longterm, rate, trillion, replace, trump, plan, repeal, say, cuts, economic, kamala, tax, democrats, gop, pay, harris, push


Kamala Harris, Democrats push to repeal and replace Trump tax cuts

“We’ve seen the debate shift,” Khanna said. “My hope is that other presidential candidates will look at the Brown plan and embrace it as the alternative to Trump.”

Ruben said his organization has spoken with other potential Democratic candidates about the idea but declined to specify whom. Earlier this year, Senate Democrats announced a more modest proposal to roll back the GOP tax cuts: Move the top tax rate for individuals back to 39 percent, raise the corporate tax rate 4 percentage points to 25 percent and reinstate the alternative minimum tax.

Rep. John Delaney, D-Md., who has announced he is running in 2020, has called for nudging the corporate tax rate up to 23 percent to pay for $1 trillion in infrastructure spending. He told CNBC he also supports expanding the earned income tax credit but did not say by how much.

“We must reform our tax code in a way that is fiscally responsible, addresses our long-term economic competitiveness needs and helps working families,” he said in a statement.

Indeed, the new tax credits come with a hefty price tag. Brown and Khanna’s plan is expected to cost about $1.4 trillion – just about what the Republican tax plan costs. Harris’ bill is likely to be in the same ballpark. That’s why liberals say repealing the current law is a critical component of their plan.

Yet Democrats have repeatedly attacked the GOP tax cuts for ballooning the deficit. And while they argue that the new credits would support long-term economic growth, they are not claiming such a plan would pay for itself.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: ylan mui, andrew harrer, bloomberg, getty images, david paul morris, -rep ro khanna
Keywords: news, cnbc, companies, longterm, rate, trillion, replace, trump, plan, repeal, say, cuts, economic, kamala, tax, democrats, gop, pay, harris, push


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Here’s the system Canada uses to protect its dairy farmers and why Trump hates it

Since the 1960s Canada has used a supply management system to bolster its dairy farmers against foreign trade and the risk of overproduction. Canada has defended the system, but it is frequently targeted by other countries, and also President Donald Trump, during trade negotiations. Watch this video to learn more.


Since the 1960s Canada has used a supply management system to bolster its dairy farmers against foreign trade and the risk of overproduction. Canada has defended the system, but it is frequently targeted by other countries, and also President Donald Trump, during trade negotiations. Watch this video to learn more.
Here’s the system Canada uses to protect its dairy farmers and why Trump hates it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: karin shedd
Keywords: news, cnbc, companies, supply, trump, watch, farmers, trade, used, hates, protect, uses, heres, targeted, system, canada, video, dairy, risk


Here's the system Canada uses to protect its dairy farmers and why Trump hates it

Since the 1960s Canada has used a supply management system to bolster its dairy farmers against foreign trade and the risk of overproduction. Canada has defended the system, but it is frequently targeted by other countries, and also President Donald Trump, during trade negotiations. Watch this video to learn more.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: karin shedd
Keywords: news, cnbc, companies, supply, trump, watch, farmers, trade, used, hates, protect, uses, heres, targeted, system, canada, video, dairy, risk


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