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President Donald Trump ratcheted up the trade war rhetoric with China on Thursday, saying he was considering another 0 billion in tariffs on the country."In light of China's unfair retaliation, I have instructed the [United States Trade Representative] to consider whether 0 billion of additional tariffs would be appropriate," the president said in a statement.Earlier this week, the United States announced new tariffs on billion worth of Chinese goods, claiming that China is stealing US intellectual property. China responded within hours by announcing billion worth of tariffs on US goods.The moves follow US tariffs that were imposed earlier this year on Chinese steel and aluminum, which also prompted a response from China.The Chinese embassy in Washington did not immediately issue a response to Trump's proposed new round of tariffs.Dow futures fell after Trump's announcement on Thursday and were down about 400 points in after-hours trading.That followed a day of stock market gains as investors appeared to warm to the idea that the barbs between Washington and Beijing were all talk.Investors were reassured by Larry Kudlow, the director of the White House National Economic Council, who also characterized the tariffs as just proposals in remarks on Thursday.He told reporters there is "nothing around the corner" regarding any concrete tariff plans.The US threatened to levy import taxes on more than 1,300 Chinese products, including TVs, dishwashers and printers. In turn, China vowed to target key US exports, including soybeans."Rather than remedy its misconduct, China has chosen to harm our farmers and manufacturers," Trump's statement reads.Trump said he instructed to the USTR to "identify the products upon which to impose" the additional tariffs he suggested.US Trade Representative Robert Lighthizer in a statement late Thursday called Trump's request "appropriate.""China has chosen to respond thus far with threats to impose unjustified tariffs on billions of dollars in U.S. exports, including our agricultural products," Lighthizer said. "Such measures would undoubtedly cause further harm to American workers, farmers, and businesses. Under these circumstances, the President is right to ask for additional appropriate action to obtain the elimination of the unfair acts, policies, and practices identified in USTR's report." 2380

President Donald Trump acknowledged Monday there would not be time for Congress to vote through new tax cuts before next month's midterm elections.That's after he told reporters on Saturday that Republicans would unveil a new package "sometime just prior, I would say, to November."He conceded in Monday's comments outside the White House there wouldn't be new tax cuts before the November 6 vote. But he insisted the GOP is working toward introducing something in the next few weeks."We're putting in a resolution sometime in the next week-and-a-half or two weeks," Trump said, suggesting he would still make a new tax plan a campaign issue in the closing weeks.He said the new plan would focus on middle-class Americans, as opposed to businesses, which were one of the main beneficiaries of his first tax cut."This is not for business. This is for middle. That's on top of the tax decrease that we've already given," he said."I'm going through Congress. We won't have time to do the vote. We'll do the vote later. We'll do the vote after the election," he said. 1071

POWAY, Calif. (KGTV) -- The brother of Rabbi Yisroel Goldstien pleaded guilty in federal court Monday to charges relating to a conspiracy to conceal more than 0,000 in earnings from the IRS, according to the US Attorneys office.According to a news release, Mendel Goldstein, the owner of a videography business based in Brooklyn pleaded guilty to tax evasion charges.The office says that until 2018, Yisroel Goldstein used the Chabad of Poway to divert his brother’s income and conceal the money from the IRS.RELATED: Poway rabbi pleads guilty to tax fraudAccording to the US Attorneys office, the brothers hid the money by depositing it into Chabad accounts before funneling it back to Mendel Goldstein by writing checks to fictitious names such as “Mr. Green,” Mr. Gold,” and Mr. Fish.”The brothers also agreed that Yisroel Goldstein could keep 10 percent of the income as a fee for the exchange, according to a plea agreement.In 2020, Yisroel Goldstein, along with five other people, pleaded guilty to fraud charges, admitting that he took part in a years-long, multi-million dollar tax-evasion scheme along with other financial deceptions involving the theft of public money, prosecutors said.“People who cheat on their taxes are cheating all honest taxpayers,” said U.S. Attorney Robert Brewer. “We will not tolerate the exploitation of non-profit and religious organizations to line the perpetrators’ pockets at society’s expense.” 1448

President Donald Trump publicly undermined his attorney Rudy Giuliani on Friday, saying the former New York City mayor had only a loose grasp of the Stormy Daniels business when he spoke about it earlier this week.A clarifying statement from Giuliani issued four hours later did little to illuminate the matter. Instead, the series of pronouncements only lent further confusion to an issue that has deeply undercut the administration's credibility and has fueled the impression of a West Wing in crisis."He''ll get his facts straight," Trump stipulated of his longtime friend on Friday morning, before adding: "There has been a lot of misinformation. I say, You know what? Learn before you speak. It's a lot easier."Calling Giuliani a "great guy," Trump nonetheless insisted his attorney wasn't fully up to speed when he told an interviewer that Trump had reimbursed another lawyer for hush money paid to Daniels, an adult film actress who claims she had sex with Trump in 2006. Trump has denied the encounter."He really has his heart into it. He's working hard," Trump said of Giuliani, before adding: "He's learning the subject matter."By midday, Giuliani had issued a statement he said was "intended to clarify the views I expressed over the past few days." But it did little to spell out when precisely Trump knew of the payment, or how involved he was in reimbursing Cohen."My references to timing were not describing my understanding of the President's knowledge, but instead, my understanding of these matters," Giuliani wrote.He asserted the payment would have been made "whether he was a candidate or not." 1623

President Donald Trump applauded reports Thursday that Senator-elect Tommy Tuberville, R-Alabama, could team up with an Alabama congressman in an extremely unlikely, last-ditch effort to overturn the results of the 2020 election.In a series of tweets on Thursday, Trump called Tuberville a "hero" and "a man of courage."Despite producing little evidence to support his claims, Trump has claimed there was widespread voter fraud in the 2020 election and has falsely claimed victory over President-elect Joe Biden.Trump's efforts to overturn the results of the election have been shot down by courts in every battleground state, federal appeals courts and the Supreme Court. Furthermore, every state has certified the results of their elections, and the Electoral College has already sealed Biden's win.However, some Republicans believe they'll be able to overturn the results of the election on Jan. 6, when Congress meets to certify the Electoral College results.It's a process that is typically a little more than a rubber stamp approval, but Rep. Mo Brooks, R-Alabama, has promised to raise an objection. Should a senator — like Tuberville — join in Brooks' objection, both the House and the Senate would then be forced to take a vote. If both chambers approve of the objection, the Electoral College votes could be thrown out.While Tuberville's objection could cause a slight delay in approving the Electoral College results, most experts believe that it would be "impossible" to overturn the election results through this process. Democrats control the House of Representatives, and Senate Majority Leader Mitch McConnell has said he does not want Republican senators further challenging election results.Tuberville will be sworn in as a Senator on Jan. 3 — just three days before Congress meets to approve the Electoral College vote. By defying McConnell in one of his first official acts as a Senator, Tuberville risks losing the support of one of the most powerful lawmakers in Washington.However, his recent comments indicate that he plans to object to the Electoral College vote."You'll see what's coming," Tuberville said this week. "You've been reading about in the House. We're going to have to do it in the Senate."Other GOP senators have not said whether they plan to voice an objection.Tuberville, a former college football coach at Ole Miss, Auburn, Texas Tech and Cincinnati, defeated Sen. Doug Jones, D-Alabama, in November.Democrats in the House filed similar objections in 2001, 2005, and 2017. None were voted upon. 2544

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