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President Trump's trade war threat drove the Dow lower for the second straight day.The Dow fell as much as 391 points on Friday, but it recovered most of those losses and finished down 71. The Nasdaq and the S&P 500 both ended with modest gains after falling 1% earlier in the day.The sell-off began Thursday after Trump announced that his administration would impose a 25% tariff on steel imports and a 10% tariff on aluminum. Trump has not said whether some countries would be excluded from the tariffs.For the market, "this really could be something new and worse than we have seen so far," said Brad McMillan, chief investment officer at Commonwealth Financial Network. 691
President Donald Trump suggested Friday that the federal government could play a role in a possible recount of Florida's close Senate and gubernatorial races."If you look at Broward and Palm Beach (counties) to a lesser extent ... they have had a horrible history," Trump told reporters at the White House before departing for Paris."And if you look at the person, in this case a woman, involved -- she has had a horrible history," Trump said. It was unclear to whom Trump was referring, but Republican Gov. Rick Scott, the Republican candidate for Senate, has called the female election supervisors in Broward and Palm Beach counties "unethical liberals.""All of a sudden they are finding votes out of nowhere," Trump said of the Senate race.The President said Scott had "won by a comfortable margin," but accused Democrats of attempting to pad their margins."Every couple of hours, it goes down a little bit," Trump said of Scott's lead.Democratic Sen. Bill Nelson has pushed for a recount given that he trails Scott by such a slim margin. If the candidates in either contest are separated by 0.5% of the vote or less, the state will automatically recount ballots.Trump tweeted Thursday evening that reported irregularities in Broward and Palm Beach counties amounted to "another big corruption scandal having to do with election fraud."The President said officials involved in the "phony dossier" about his campaign's contacts with Russia are involved in the recount efforts. He was likely referring to Marc Elias, the lawyer Nelson's campaign has reportedly tapped to handle the recount effort, as Elias was also a lawyer for Hillary Clinton's campaign and was involved in commissioning that dossier of opposition research from Fusion GPS.The race for governor between GOP Rep. Ron DeSantis and Democratic Tallahassee Mayor Andrew Gillum is also close enough that a recount is possible.The-CNN-Wire 1910
President Donald Trump’s campaign rally in Tulsa in late June that drew thousands of people, along with large protests that accompanied it, “likely contributed” to a dramatic surge in coronavirus cases, health officials said Wednesday.Tulsa County reported 261 confirmed cases on Monday, a new record one-day high, and another 206 cases on Tuesday.County Health Department Director Dr. Bruce Dart said those large gatherings “more than likely” contributed to the spike.A reporter who attended Trump’s rally is among those who have tested positive for COVID-19, along with six of Trump’s campaign staffers and two members of the Secret Service.Statewide, Oklahoma health officials on Wednesday reported 673 new confirmed cases of the coronavirus, the state’s second-highest daily total since the start of the pandemic. 825
President Donald Trump will meet with North Korean leader Kim Jong Un by May, the South Korean national security adviser announced Thursday at the White House.Kim told the South Koreans "he is committed to denuclearization" and pledged North Korea will "refrain from any further nuclear or missile tests" South Korean national security adviser Chung Eui-Yong said Thursday from the White House.Kim also told the South Koreans he understands that the US and South Korea will move forward with their joint military exercises later this year."He expressed his eagerness to meet President Trump as soon as possible," Chung said. 632
Republican Sen. John McCain, who is battling brain cancer in his home state of Arizona, says in his new book that his current term is his last and, as a result, he feels he can open up about how he sees the current political climate."This is my last term. If I hadn't admitted that to myself before this summer, a stage 4 cancer diagnosis acts as ungentle persuasion," he wrote in his book, "The Restless Wave," according to the excerpt published on Apple News on Monday. "I'm freer than colleagues who will face the voters again. I can speak my mind without fearing the consequences much. And I can vote my conscience without worry."Referring to President Donald Trump, McCain wrote, "He has declined to distinguish the actions of our government from the crimes of despotic ones. The appearance of toughness, or a reality show facsimile of toughness, seems to matter more than any of our values."McCain said he wants to see the nation's politics "return to the purposes and practices that distinguish our history" and says, "you're damn right, I'm a champion of compromise.""I would like to see us recover our sense that we are more alike than different," he wrote. "We are citizens of a republic made of shared ideals forged in a new world to replace the tribal enmities that tormented the old one. Even in times of political turmoil such as these, we share that awesome heritage and the responsibility to embrace it."McCain, 81, made public last summer his brain cancer diagnosis. He's been recovering from side effects of the cancer treatment at his home in Arizona since late last year."'The world is a fine place and worth the fighting for and I hate very much to leave it,' spoke my hero, Robert Jordan, in For Whom the Bell Tolls," McCain wrote in his book. "And I do, too. I hate to leave it. But I don't have a complaint. Not one. It's been quite a ride. I've known great passions, seen amazing wonders, fought in a war, and helped make a peace. I made a small place for myself in the story of America and the history of my times."Cindy McCain, the senator's wife, tweeted Monday that former Vice President Joe Biden visited the family."Enjoyed a wonderful visit from @JoeBiden yesterday. Such good family friends. Enjoyed catching up!" she tweeted. 2277