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WASHINGTON (AP) — President Donald Trump has raised roughly 0 million since his Election Day defeat, a sum garnered through a nonstop stream of solicitations that have falsely claimed the election was stolen while requesting contributions for an “election defense fund.” A person familiar with Trump’s effort who requested anonymity says most of the money was raised in the days after the Nov. 3 contest. The amount, which approaches the sums Trump took in at the height of the campaign, offers yet another sign that he does not intend to leave the White House quietly and will remain a powerful force in Republican politics.As Trump’s chances of reelection dwindled in the hours and days after the election, his campaign began bombarding supporters with hundreds of emails and text messages that made inaccurate claims about voter fraud and election irregularities, while requesting money to fight the outcome.They haven’t let up since.“My father was 100% right when he said mail-in ballots would cause problems. YOU deserve a FAIR and TRANSPARENT Election,” Trump’s son Donald Trump Jr. said Tuesday in one such email.But the fine print indicates much of the money has instead paid down campaign debt, replenished the Republican National Committee and, more recently, helped get Save America, a new political action committee Trump founded, off the ground.Seventy-five percent of each contribution made now goes to Save America, with the remaining 25% going to the RNC’s operating account. It’s only once donors have given the legal maximum to Trump’s political committee and the RNC that money begins spilling over into accounts specifically intended to pay for legal proceedings related to the election. 1718
Wall Street is worried about a trade war.The Dow dropped 420 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports. The Nasdaq and the S&P 500 declined 1.3% apiece.Trump's controversial tariff announcement caught investors off guard and immediately raised concerns about retaliation from China or other major U.S. trading partners."This is the first shot across the bow over a trade war," said Art Hogan, chief market strategist at B. Riley FBR. "And nobody wins a trade war."Trump said his administration would impose a 25% tariff on steel imports and a 10% tariff on aluminum. It was not immediately clear whether Trump would exempt some countries from the tariffs, as his national security advisers have urged him to do to avoid hurting U.S. allies.Corporate America has warned Trump that tariffs could backfire. Last month, the Business Roundtable warned of the risk of "foreign retaliation" that would "harm the U.S. economy."Investors will be looking to see how U.S. trading partners react to the tariffs.Beyond worries about retaliation, the tariff news drove concerns about rising costs for companies that rely heavily on aluminum and steel, like auto and plane makers. Imports make up about a third of the steel American businesses use every year, and more than 90% of aluminum used here. Shares of Boeing fell 3% General Motors dipped 4%, and Ford dropped 3%.Related: NY Fed chief: Tariffs risk 'trade war'If the tariffs result in higher prices on steel and aluminum, companies that rely on those products may pass on some of the costs to consumers. That raises the specter of creeping inflation."This clearly will [lead to] higher prices in the production chain, which is part of the inflation path," said Quincy Krosby, chief market strategist at Prudential Financial.The timing of the tariff news surprised Wall Street. A formal announcement was expected at some point Thursday, but then it was called off. Later, Trump mentioned his tariff plans in a hastily arranged listening session with steel and aluminum executives. And he didn't provide crucial details, such as whether certain countries will be exempted.Concerns about trade come at an already shaky time on Wall Street. The S&P 500 and Dow fell about 4% in February, their worst month in two years. Fears about inflation and soaring bond yields caused a surge in volatility, including two 1,000-point plunges for the Dow.The market had come back as investors focused on the strong economy and booming corporate profits. But stocks fell sharply again on Tuesday and Wednesday, putting the Dow is back in negative territory for the year.Turbulence has picked up as well. The VIX volatility index spiked 15% on Thursday. Selling pressure will climb as volatility increases, Krosby said.At least two corners of the stock market cheered Trump's tariff announcement. U.S. Steel and AK Steel soared 6% and 10%, respectively.Century Aluminum also spiked 7%. Another major aluminum maker, Alcoa, gained 1%.Trump's tariff moves could force investors to confront another trade issue: NAFTA. Trump has repeatedly threatened to tear up this major trade deal with Canada and Mexico. Talks to renegotiate NAFTA, a major piece of the U.S. economy, have so far failed to produce a solution."It sets off the protectionist fears that had been lying dormant," said Hogan.— CNN's Jeremy Diamond contributed to this report.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3547
VISTA (CNS) - An Escondido man who killed a friend after challenging the victim to a fight, then posted sounds of the victim crying during the attack on a social media site, was convicted Tuesday of first-degree murder.A jury deliberated for about 90 minutes before finding Salvador Sanchez guilty in the April 2017 death of 20-year-old Maithem Alfuraiji.Jurors will now be asked to determine whether Sanchez, now 20, was insane at the time of the murder.RELATED: Snapchat murder victim identified by policeEscondido police Detective Greg Gay said friends of the two men were alarmed by messages posted on the defendant's Snapchat account on April 27, 2017, in which Sanchez can be heard telling the victim "tell them what you did."Police said Sanchez lured Alfuraiji to Mountain View Park and later challenged the victim to a "fight to the death."Sanchez told police that he targeted the victim because Alfuraiji was "making decisions and meeting with people" that put everyone they knew in danger.RELATED: Snapchat?aids in arrest of Escondido murder suspectFriends eventually called police about what they saw on Snapchat and Sanchez led them to Alfuraiji's body on the Rincon Indian Reservation in Valley Center. 1233
WASHINGTON (AP) — A divided Senate rejected a bipartisan plan Thursday to help young "Dreamer" immigrants and parcel out money for the wall President Donald Trump wants with Mexico, as Republican leaders joined with the White House and scuttled what seemed the likeliest chance for sweeping immigration legislation this election year.The vote came after the White House threatened to veto the measure and underscored that the issue, a hot button for both parties, remained as intractable as it's been for years. Even the focus on Dreamers, who polls show win wide public support, was not enough to overcome opposition by hard-line conservatives and liberal Democratic presidential hopefuls — neither of whom want to alienate their parties' base voters.The vote was 54-45 in favor, but that was short of the 60 that were needed for approval. Eight Republicans bucked their party and supported the measure while three Democrats abandoned their own leaders and opposed it.The chamber planned to vote next on a wide-ranging plan by Trump that would also restrict legal immigration. It faced strong Democratic opposition and had virtually no chance for passage.Earlier Thursday, the White House used a written statement to label the proposal "dangerous policy that will harm the nation." It singled out a provision that directs the government to prioritize enforcement efforts against immigrants who arrive illegally beginning in July.In an ominous sign, party leaders opened the day's debate by trading blame, as prospects grew that the chamber's long-awaited debate on helping Dreamers and other hot-button immigration issues would end in stalemate. Dreamers are young immigrants who were brought to the U.S. illegally as children who still lack permanent protections from deportation.Senate Majority Leader Mitch McConnell, R-Ky., assailed Democrats for failing to offer "a single proposal that gives us a realistic chance to make law." Instead, he said, Democrats should back Trump's "extremely generous" proposal.Trump would offer 1.8 million Dreamers a 10- to 12-year process for gaining citizenship, provide billion to build his coveted U.S.-Mexico border wall and restrict legal immigration. Dreamers are immigrants brought to the U.S. illegally as children who risk deportation because they lack permanent authorization to stay in the U.S.Instead, Democratic leaders rallied behind a bipartisan plan that would also give 1.8 million Dreamers a chance for citizenship. But while it would provide the billion Trump wants for his wall, it would dole it out over 10 years and lacks most of the limits Trump is seeking on legal immigration.Senate Minority Leader Chuck Schumer, D-N.Y., said Trump has "stood in the way of every single proposal that has had a chance of becoming law." He added, "The American people will blame President Trump and no one else for the failure to protect Dreamers."Overnight, the Department of Homeland Security said in an emailed statement that the bipartisan proposal would be "the end of immigration enforcement in America."That drew fire from Sen. Lindsey Graham, R-S.C., one of eight GOP co-sponsors of the bipartisan plan. "Instead of offering thoughts and advice — or even constructive criticism — they are acting more like a political organization intent on poisoning the well," Graham said in a statement.The bipartisan compromise was announced Wednesday by 16 senators with centrist views on the issue and was winning support from many Democrats, but it faced an uncertain fate.Besides opposition by the administration and leading Republicans, the bipartisan plan prompted qualms among Democrats. The party's No. 2 Senate leader, Dick Durbin of Illinois, said some Democrats had "serious issues" with parts of the plan. Those concerns focused on its spending for Trump's wall and its prohibition against Dreamers sponsoring their parents for legal residency.So far, neither Trump's plan or the bipartisan measure seemed to have support from 60 senators, the number that will be needed to prevail. Republicans control the chamber 51-49, though Sen. John McCain, R-Ariz., has missed the last several weeks while battling cancer.The bipartisan measure's sponsors included eight GOP senators. That meant just three more Republicans would be needed for it to prevail if it is backed by all 47 Democrats and the two independents who usually support them.The centrist proposal was produced by a group led by Sens. Susan Collins, R-Maine, and Joe Manchin, D-W.Va., that spent weeks seeking middle ground. Besides its path to citizenship and border security money, it would bar Dreamers from sponsoring their parents for citizenship, far narrower than Trump's proposal to prevent all legal immigrants from bringing parents and siblings to the U.S.The moderates' measure does not alter a lottery that distributes about 55,000 visas annually to people from diverse countries. Trump has proposed ending it and redistributing its visas to other immigrants, including some who are admitted based on job skills, not family ties.Also in play is a more modest plan by McCain and Sen. Chris Coons, D-Del. It would let many Dreamers qualify for permanent residency and direct federal agencies to more effectively control the border by 2020. But it doesn't offer a special citizenship pathway for Dreamers, raise border security funds or make sweeping changes in legal immigration rules.The White House said it opposes the McCain-Coons plan, saying it would "increase illegal immigration" and cause other problems.Another vote would be taken on a proposal by Sen. Pat Toomey, R-Pa., that would add language blocking federal grants to "sanctuary cities," communities that don't cooperate with federal efforts to enforce immigration laws. The amendment is considered sure to lose. 5813
Wall Street's latest trade war freakout didn't last long.Stocked plummeted early Wednesday after trade tensions escalated between China and the United States. China announced plans for a 25% tariff on billion a year worth of American exports, including plans, cars, soybeans and chemicals.The Dow opened down more than 500 points. But the market erased those losses by early afternoon. 397