Donald Trump set the stage for a trade war by slapping tariffs on steel and aluminum imports, daring other countries to retaliate and leading the European Union to warn that it would target iconic American brands. In turn, the U.S. president put the European auto industry in his sights.Hours after Trump said in a Twitter…
Axa SA is in advanced talks to buy XL Group Ltd., a property and casualty insurer with a market value of $11 billion, people familiar with the matter said.A deal could be announced in coming days, said the people, who asked not to be identified because the matter isn’t public. XL has also attracted interest from insurers…
In that meeting, Mr. Trump called for comprehensive legislation that would, among other things, expand background checks to firearms purchased at gun shows and on the internet — a measure favored by Democrats but anathema to the N.R.A. He also stunned lawmakers from both parties by suggesting that he would support measures to allow the…
While the president was talking up armaments and bonuses for teachers who volunteer for weapons training, dispirited educators in West Virginia walked out of their schools, seeking what they say would be simply a living wage. “Doesn’t it get to be too much?” said Brianne Solomon, a veteran West Virginia teacher who supplies food for…
President Donald Trump said the U.S. would slap tariffs on steel and aluminum imports to protect national security, prompting threats of retaliation from China to Europe.Trump said he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum for “a long period of time,” and he expected to sign a formal…
Headwinds mounted for global stocks on Friday, with Japan’s talk of an end to stimulus compounding investor concerns over a potential trade war and more hawkish Federal Reserve.The Stoxx Euro 600 Index dropped for a fourth day, with Germany’s DAX gauge reaching a six-month low, as carmakers slumped. U.S. equity-index futures also fell. Japan led…
The decision to reduce his access to classified information was made after John F. Kelly, the White House chief of staff, announced plans to overhaul the security clearance process at the White House after the resignation of Rob Porter, Mr. Trump’s staff secretary, amid allegations of spousal abuse. The change in Mr. Kushner’s clearance was…
Photo Hope Hicks, the White House communications director, testified behind closed doors on Tuesday to the House Intelligence Committee in its investigation into Russia’s interference in the 2016 election. Credit Chip Somodevilla/Getty Images North America WASHINGTON — Hope Hicks, the White House communications director, told House investigators on Tuesday that her work for President Trump,…
Shares in Europe fell as disappointing Chinese data added to a perceived hawkish tilt in U.S. Federal Reserve policy that weighed on equities in Asia. Benchmark Treasury yields held near a four-year high and the dollar was steady after Tuesday’s jump.Miners led a decline in the Stoxx Europe 600 gauge after lower-than-expected Chinese manufacturing data.…
Among the enduring curiosities of Donald Trump’s presidential run was his announcement that campaign chairman Paul Manafort was an unpaid volunteer.Why would a longtime political fixer do that? That question has grown more persistent thanks to successive indictments of Manafort by U.S. Special Counsel Robert Mueller, each documenting in finer detail Manafort’s allegedly fraudulent scramble…
