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WASHINGTON — President Donald Trump presidde over the signing of historic diplomatic deals between Israel and two Gulf Arab nations that could herald a dramatic shift in Middle East power dynamics.The Tuesday ceremony at the White House aimed at showcasing presidential statesmanship ahead of November's election.Trump hosted more than 700 guests on the South Lawn to witness the sealing of the agreements between Israel and the United Arab Emirates and between Israel and Bahrain.Watch the ceremony in the player below. If the video fails to load, click here.The agreement formalized the normalization of the Jewish state's already warming relations with the two countries — and may pave the way for a broader Arab-Israeli rapprochement after decades of enmity. 770

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

WASHINGTON — As President Donald Trump continues to press his argument that the vote was rigged against him, the machinery of government and democracy is moving inexorably toward Joe Biden's presidency.As U.S. District Judge put it this week in throwing out a lawsuit challenging Biden's win in Michigan: "This ship has sailed."Trump has refused to recognize that fact and vows to press on with his challenges. On Wednesday, Trump tweeted a call to "#OVERTURN" the results of the election and has continuously tweeted baseless claims that he was the winner.But Biden is firmly on track to become president Jan. 20, after having won a decisive majority of the electoral vote.As of Tuesday, nearly every state has now certified the results of their elections, a process known as "safe harbor." With Biden's win certified, the electoral college will formally recognize Biden's win on Dec. 14.The Trump campaign and other Republicans continue to file lawsuits attempting to overturn election results on widespread fraud claims. But none of those lawsuits have proved any systematic fraud or consequential error in U.S. voting systems.Trump has also not been helped by the newly-conservative Supreme Court and the hundreds of federal judges that he's appointed. His repeated attempts to personally pressure election officials in Michigan and Georgia into delaying certification also amounted to nothing.Ultimately, Biden will be sworn in on Jan. 20 after receiving 306 electoral college votes — the amount of votes Trump won in his 2016 win over Hillary Clinton, which he has referred to as a landslide win. 1610

VISTA, CA (KGTV) — The man accused of intentionally driving a U-Haul van into a crowd of people outside of an Encinitas bar, pleaded not guilty to serious charges in a Vista courtroom Wednesday.Christian Davis, 28, stood next to an attorney with his head down as he was formally charged with two counts of attempted premeditated murder, three counts of assault with a deadly weapon, and one count of felony driving under the influence of alcohol.Deputy District Attorney, Kim Coulter, said the incident early Sunday morning started at the Saloon and Shelter bar when Davis was kicked out.RELATED: Video shows driver slamming into crowd outside Encinitas bar"He was asked to leave because he was highly intoxicated and it was time for him to go," said Coulter.Once he was kicked out, Coulter said he got into a verbal argument with two bouncers, then threatened them."It escalated and culminated with Davis telling the security guards 'you're going to regret doing this, I’m going to come back and I’m going to kill you,'" she said.Moments later, witnesses saw the U-Haul heading for a crowd of people standing outside of the bars.RELATED: Man arrested after driving into crowd outside Encinitas barThe incident was captured on a passerby's dash cam video."He reversed out of a 7-Eleven and he came barreling down a sidewalk in front of Shelter bar, right into a crowd of people," said Coulter. "It’s our position that he used the U-Haul passenger van as a deadly weapon."Good Samaritans rushed to hold Davis in place until deputies arrived and arrested him. Sadly, two men who were outside of the bar at the wrong time were seriously hurt."A 25-year-old victim has had a severe injury to his leg, he’s had his third surgery today," said Coulter.The other victim, a 24-year-old, was also left hospitalized with severe injuries."He has two collapsed lungs, fractured ribs, a broken arm and he did spend time in the ICU," she said.Bail was set at million. If Davis is released on bail, he will wear an alcohol monitoring bracelet.He is due in court for a preliminary hearing on March 17. 2095

Walmart said they would stop selling "All Lives Matter" merchandise after customers and employees raised concerns about the products.RELATED: Walmart facing backlash for selling 'All Lives Matter' t-shirt 212