Tag Archives: Trump&#039s

AFL-CIO chief leaves Trump's manufacturing council after president's latest remarks

The CEOs who quit Trump’s business councils The head of the AFL-CIO has stepped down from the White House’s manufacturing council after President Trump doubled down on his position that violence in Charlottesville was perpetrated by many sides at a press conference Tuesday. Richard Trumka said in a statement posted on Twitter that he “cannot sit on a council for a President who tolerates bigotry and domestic terrorism,” and called Tuesday’s remarks “the last straw.” The statement was jointly issued by Thea Lee, an economist who previously served as deputy ...

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Intel CEO is the latest to leave Trump's manufacturing council

The CEOs that quit Trump’s business councils Intel CEO Brian Krzanich has become the third top business leader to step down from President Trump’s manufacturing council on Monday. He follows the chiefs of Merck(MRK) and Under Armour(UA), who announcedtheir decisions earlier Monday amid the fallout over Trump’s response to violence over the weekend at a white nationalist rally in Charlottesville, Virginia. “We should honor — not attack — those who have stood up for equality and other cherished American values. I hope this will change, and I remain willing to ...

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Under Armour CEO quits Trump's manufacturing council

Trump criticizes black CEO by name before mentioning white supremacists Under Armour CEO Kevin Plank said Monday night that he’s leaving President Trump’s manufacturing council, the second departure by a high-profile business leader in the space of a day. Plank didn’t give a clear reason for stepping down, but his announcement comes amid fierce criticism over Trump’s response to violence over the weekend at a white nationalist rally in Charlottesville, Virginia. “I am appreciative of the opportunity to have served, but have decided to step down from the council,” Plank ...

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Trump's team begins NAFTA talks on Wednesday

NAFTA explained President Trump calls it the worst trade agreement in American history. Now he wants to fulfill one of his core campaign promises: to make better deal for American workers. The Trump administration will begin to renegotiate NAFTA on Wednesday with counterparts from Mexico and Canada. The first round of talks kick off in Washington, D.C. Trump’s verbal punching bag Trump blames NAFTA for millions of lost jobs and thousands of shuttered factories in America. Nonpartisan congressional research concluded in 2015 that NAFTA didn’t cause a jobs exodus. About ...

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California ready to add Obamacare surcharge amid Trump's subsidy threats

Trump threatens to end insurance subsidies California plans to slap a surcharge on certain Obamacare policies if President Trump and Congress don’t commit to funding a key set of subsidies. Covered California, the state-run exchange, will add a “CSR surcharge” of 12.4%, on average, to silver-level policies in 2018 unless the president and lawmakers guarantee they will pay Obamacare’s cost-sharing subsidies through 2018. The deadline: Later this month, when insurers and the exchange must lock in premiums for next year. The funding of Obamacare’s cost-sharing subsidies has emerged as a ...

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Trump's tough call about Venezuela and oil 

U.S. sanctions Venezuelan president President Trump acted quickly to levy sanctions against Venezuelan President Nicolas Maduro. But the administration has some tough decisions to make before slapping harsh penalties on that country’s oil. Maduro held a vote on Sunday leading to the creation of a new legislature that will have the authority to dismantle Venezuela’s constitution. Critics say Sunday’s vote eroded the country’s democracy. The move drew strong rebukes from the U.S. and other countries who see it as a move toward a dictatorship. World leaders are considering penalties. Any sanctions ...

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Russia sanctions: Trump's hand forced by Senate vote

The United States Senate has voted 98-2 to impose new sanctions on Russia, Iran and North Korea, despite objections from the White House. The House of Representatives approved the bill earlier this week, also by an overwhelming majority. Having passed through both chambers, it will be sent to President Trump to sign into law. But Mr Trump has sought closer ties with Russia, and has the power to veto the bill despite its political support. A presidential veto can, in turn, be overridden by a two-thirds vote in the House ...

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'From crazy to cruel': Late night reacts to Trump's transgender military ban

LGBT Laws: Tech CEOs speak out again Stephen Colbert and the rest of late night didn’t hold back on President Donald Trump following his announcement on Twitter of a plan to reinstate a ban on transgender individuals from serving in the U.S. armed forces. The host of CBS’ “The Late Show” kicked off his broadcast Wednesday night by describing Trump’s announcement as “cruel.” “I began my day today as I often begin my days by checking Donald Trump’s Twitter feed to see how far the crazy has spread,” Colbert said ...

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