Trade

Lawmakers are bracing for a Commerce Dept. report on car import tariffs
The department has sent Trump its report on whether or not to impose new duties on imported vehicles

U.S. Department of Commerce building in Washington. (Bill Clark/CQ Roll Call file photo)

As President Donald Trump studies a Commerce Department report on the impact of car imports, lawmakers and industry groups are bracing for yet another hit on trade.

On Sunday, the Commerce Department sent Trump its long-awaited report on whether or not to impose new duties on imported vehicles under a national security rationale. The report’s contents have not been released to the public or apparently to members of Congress.

After contentious border moves, stakes only get higher for Trump
‘The real rough water for President Trump still lies ahead,’ GOP insider says

South Koreans watch on a screen at the Seoul Railway Station on June 12, 2018, showing President Donald Trump meeting with North Korean leader Kim Jong Un. (Chung Sung-Jun/Getty Images file photo)

ANALYSIS — “Stay tuned” is a common refrain from White House aides when asked about the many cliffhangers created by President Donald Trump. But remarkably, even after three topsy-turvy months that culminated Friday in a wild Rose Garden appearance, that West Wing mantra will apply doubly over the next few weeks.

Trump’s decision to declare a national emergency at the southern border to unlock Pentagon funds for his proposed border wall came wrapped in an announcement press conference during which he veered from topic to topic, undercut his own legal position, often appeared dispassionate when discussing the emergency declaration, and made more baseless claims. That matter is already embroiled in court fights, putting perhaps his biggest campaign promise in legal limbo, and has appeared to created new distance between him and some Senate Republicans.

Trump makes Space Force official. There’s already a Netflix parody
The president also gets request from governor of ‘Space Coast’ to place Space Force HQ in his state

President Donald Trump speaks to the media after signing the Space Policy Directive 4, during a ceremony in the Oval Office on Tuesday in Washington, D.C. (Mark Wilson/Getty Images)

President Donald Trump made Space Force official, but that might have been hard to tell at first from Tuesday in the Oval Office, as the chief executive held court on several satellite issues. 

“During my administration, we’re doing so much in space. We need it,” Trump said, surrounded by military brass as he signed a directive establishing Space Force within the Air Force.

Trump denies asking Whitaker if ally could oversee Cohen probe
Trump also discusses North Korean summit, Sanders’ presidential run and China tariffs during space policy event

Acting attorney general Matthew Whitaker arrives for a House Judiciary Committee hearing in Rayburn Building titled “Oversight of the U.S. Department of Justice,“  on Feb. 8, 2019. (Tom Williams/CQ Roll Call file photo)

President Donald Trump on Tuesday denied a report that he asked then-Acting Attorney General Matthew Whitaker if an ally could undo his recusal in an investigation of his former personal attorney and fixer, Michael Cohen.

Longtime Trump ally Geoffrey Berman, the United States attorney for the Southern District of New York, had already recused himself from the Cohen case at the point of Trump’s request. But the president wanted him to oversee an investigation into Trump, Cohen, and payments made during the 2016 campaign to several women to keep them quiet about extramarital affairs with Trump.

Trump denies calling Andrew McCabe's wife a ‘loser’ as feud intensifies
Former acting FBI boss is under president’s skin ahead of Kim summit, China tariffs deadline

Then-Acting FBI Director Andrew McCabe prepares to testify before the Senate Select Intelligence Committee. Since fired, he is at war with President Trump. (Bill Clark/CQ Roll Call)

Donald Trump is at war with Andrew McCabe, accusing the former acting FBI director of “Treason!” and accusing him of a “lie” by claiming the president once called his wife a “loser.”

Even during and after a long weekend at his South Florida resort after a chaotic mid-December to mid-February stretch, Trump was unable to ignore claims McCabe, who ordered a counterintelligence investigation into Trump and his possible coordination with Russians, is making as he peddles a new tell-all book.

Treasury official doubts fintech needs payment system overhaul
Analysis appeared in blog

Matt Swinehart, a senior counsel at the Treasury Department, says a massive “regulatory rethink” for financial technology won’t be required. (Bill Clark/CQ Roll Call file photo)

A senior Treasury Department official is challenging the idea that rapidly evolving financial technology will require a sweeping overhaul of rules governing payment services and the electronic transfer of funds between consumers, banks, merchants and others.

In a recent analysis, Matt Swinehart, a senior counsel at Treasury, said a massive “regulatory rethink” of payment services won’t be required because many rules and standards governing payments are what he called technology neutral. The analysis appeared on a blog about the intersection between financial technology and government policy. Swinehart and the Treasury Department declined an interview request about his statements.

Trump wings it in feisty, combative Rose Garden emergency announcement
POTUS berates reporters, slams Dems as policy event morphs into campaign rally

\President Donald Trump speaks in the White House Rose Garden on Friday. Trump said he would declare a national emergency to free up federal funding to build a wall along the southern border. (Chip Somodevilla/Getty Images)

ANALYSIS  — A testy and combative President Donald Trump winged it Friday in the Rose Garden, turning an often-rambling defense of his border security emergency into a 2020 assault on Democrats.

Trump has redefined the presidency around his unique style and penchant for unpredictable and unprecedented moves, as well as the sharp rhetoric he uses both at the White House and his rowdy campaign rallies. But there was something different during Trump’s remarks Friday, with the president leading off his remarks by talking about anything but the compromise funding measure and border security actions he signed later that day.

Trump defends signing national emergency to build border wall
‘Walls work 100 percent,’ Trump said in a Rose Garden press conference

Donald Trump speaks on border security during a Rose Garden event at the White House on Friday. (Alex Wong/Getty Images)

President Donald Trump defended his executive action to access $6.6 billion in Pentagon and Treasury Department funds for his southern border barrier, accusing Democrats of opposing it as part of a “big con” and “a lie.”

Trump said Speaker Nancy Pelosi and Senate Minority Charles E. Schumer “know” border walls work, but they are resisting his proposal purely for political reasons.

Trade talks with China ‘intensive’ but tariffs still set to balloon on March 1, White House says
‘Much work remains,’ Sarah Huckabee Sanders said ahead of new round next week

U.S. and Chinese officials made “progress” in trade talks this week in Beijing, the White House said. But spokeswoman Sarah Huckabee Sanders did not provide details as a new round of talks is slated for next week in Washington. (Lintao Zhang/Getty Images file photo)

The White House on Friday said “intensive” trade talks this week with Chinese officials yielded “progress,” but there was no indication President Donald Trump is ready to delay a substantial ballooning of tariffs on Chinese-made goods set to take effect March 1.

“These detailed and intensive discussions led to progress between the two parties,” press secretary Sarah Huckabee Sanders said in a statement. “Much work remains, however.”

U.S. trade team ‘soldiering on’ in China ahead of high-stakes Xi meeting
Kudlow downplays deficit growth as experts, lawmakers sound alarms

White House National Economic Council Director Lawrence Kudlow holds a news briefing at the White House in June. (Chip Somodevilla/Getty Images file photo)

U.S. officials on the ground in China for high-stakes trade talks are “soldiering on” and will get facetime with Chinese President Xi Jinping, something a top aide to President Donald Trump calls a positive sign as a key deadline approaches.

“I’ve talked to the group [in China]. They’re covering all the ground,” said Lawrence Kudlow, the White House’s chief economic official. “They’re hard at it. They are going to meet with President Xi, so that’s a very good sign.”