Trump. Trade. Tariffs.

trumptariff

After announcing his plan to impose harsh tariffs on steel and aluminum entering the US, President Trump has received heavy criticism from his own party while drawing unlikely praise from some Democrats, who have upheld it as a step toward protecting American manufacturers from unfair trade practices carried out by Chinese steel companies. Republicans, who have long been the party of free trade, point out that tariffs are often passed on to the consumer which, in this case, are often American businesses. The massive 25% and 10% tariffs on steel and aluminum, respectively have hurt markets as investors fear they could spark a trade war with Canada and China.

This isn’t the first time Trump has gone against the Republican grain. Earlier this week, he angered some members of the GOP by expressing support for stricter gun control measures.

 

Hicks Leaves White House

HopeHicks

Hope Hicks, President Trump’s White House communications director, plans to resign from her role in the administration. She is one of the President’s closest aides and one of numerous high-level advisers to resign from the administration. The news came just one day after Hicks testified to a congressional committee regarding Russian meddling in the 2016 presidential election, in which she admitted to telling “white lies” for the President. Trump reportedly did not want her to leave.

Hicks’ resignation comes the same week that more than 30 of the President’s aides have lost “top-secret” security clearance, including Trump’s son-in-law, Jared Kushner.

 

Putin Postures New Nukes

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Russian President Vladimir Putin showed off a new array of nuclear weapons to members of parliament this week in a series of videos, which seem to show missiles raining down on Florida. In his speech, Putin warned the West that, “They need to take account of a new reality and understand … [this]… is not a bluff.” Putin said the revamped arsenal was a reaction to America’s advancement of its missile defense system.

The presentation comes at a strategic time in Russia. Putin, who has so far done minimal campaigning, aims to convince voters that a vote for him is a vote for national security. He will run for a fourth presidential term in just 17 days and is expected to win, as his main opponent, Alexei Navalny, has been prohibited from running in the election.