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Daily Archives: April 5, 2018

Trump Says US Will Weigh Tariffs on Another $100B Worth of Chinese Goods

U.S. President Donald Trump ratcheted up the trade war rhetoric with Beijing on Thursday, saying he had instructed the U.S. trade representative to consider tariffs on an additional $100 billion worth of Chinese goods.

The move came a day after China issued a list of U.S. goods, including soybeans and small aircraft, worth $50 billion for possible tariff hikes. Beijing’s response came after the U.S. proposed tariffs on $50 billion worth of Chinese goods earlier this week.

WATCH: Trump, White House Defend Action on China Trade

U.S. stock futures dropped on Trump’s latest trade directive. Dow futures fell and were down about 400 …read more

Pentagon Says No Change on Syria Strategy

Days after U.S. President Donald Trump repeated his call to bring home U.S. forces from Syria, defense officials insisted there’s been no shift in strategy or to U.S. policy.

“Nothing actually has changed,” Lt. Gen. Kenneth McKenzie told Pentagon reporters during a briefing Thursday.

“We’ve always thought that as we reach finality against ISIS in Syria, we’re going to adjust the level of our presence there,” McKenzie added, using an acronym for the Islamic State terror group.

The U.S. has about 2,000 troops stationed in Syria as part of its ongoing efforts to destroy IS and dismantle the group’s self-declared caliphate.

But Trump has …read more

Bollywood in Shock Over Superstar’s Jail Term

Hundreds of disbelieving fans flocked to the home of Bollywood superstar Salman Khan on Thursday in protest against the five-year jail term given on the action hero for poaching endangered antelopes.

Khan’s army of devotees took selfies outside the Galaxy apartment complex in the Indian film capital Mumbai as their hero was taken off to spend the night in jail in Rajasthan.

Police set up barricades outside the building overlooking the Arabian Sea where actors and tycoons are the main residents.

The Bollywood elite also rallied behind the 52-year-old star of blockbusters such as Sultan and one of the world’s most highly paid …read more

US Administration OKs Sale of $1.3B Worth of Artillery to Saudi Arabia

The Trump administration signed off Thursday on selling more than $1.3 billion in artillery to Saudi Arabia, giving a vote of confidence to the Saudi military as young Crown Prince Mohammed bin Salman concludes a marathon tour of the United States.

Since Prince Mohammed arrived in the U.S. two weeks ago, the administration has green-lighted more than $2.3 billion in arms sales to the kingdom, including more than $1 billion in missiles while the crown prince was in Washington. The latest deal includes about 180 Paladin howitzer systems, which are artillery-firing vehicles on tracks. The vehicles look like a combination of …read more