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Trump Eyes Bigger Trade War in Second Term
  + stars: | 2024-06-27 | by ( Ana Swanson | Alan Rappeport | ) www.nytimes.com   time to read: +1 min
They hit back, imposing tariffs on American soybeans, whiskey, orange juice and motorcycles. U.S. agricultural exports plummeted, prompting Mr. Trump to send $23 billion to farmers to help offset losses. Now, as he runs for president again, Mr. Trump is promising to ratchet up his trade war to a much greater degree. He has proposed “universal baseline tariffs on most foreign products,” including higher levies on certain countries that devalue their currency. Mr. Trump, who once proclaimed himself “Tariff Man,” has long argued that tariffs would boost American factories, end the gap between what America imported and what it exported and increase American jobs.
Persons: Donald J, Trump, Organizations: , European, America Locations: China, Canada, European Union, Mexico, India
President Joe Biden and former President Donald Trump are squaring off in their first debate of the 2024 White House race in Atlanta on Thursday night. NBC News Now will stream CNN's Presidential Debate live. The 90-minute debate comes as Trump faces two pending criminal prosecutions over the Republican's efforts to overturn his defeat as president in the 2020 election to the Democrat Biden. There will be no studio audience for the debate, and each candidate's microphone will be muted when it is their opponent's turn to speak. CNBC's team of politics and economics reporters will be covering the candidates, the lead-up and the debate live from Washington, D.C.; CNBC Global Headquarters in Englewood Cliffs, New Jersey; and New York City.
Persons: Joe Biden, Donald Trump, Democrat Biden, Jake Tapper, Dana Bash Organizations: White, NBC, Trump, Democrat, CNN, Washington , D.C, CNBC Global Headquarters, New Locations: Atlanta, Washington ,, Englewood Cliffs , New Jersey, New York City
Gail Collins: Not to be obvious or anything, Bret, but do you have any predictions about the big debate tonight? Bret Stephens: No predictions, just the wish that both candidates deliver roughly the same performances they put in four years ago: a coherent Joe Biden and an unhinged Donald Trump. But here’s my question for you: If Biden’s performance is disastrous, will you join me in calling for Democrats to find a new nominee? Gail: It’d have to be pretty super disastrous, Bret. Sure, if the president suddenly goes blank and stares at the screen in silence or forgets where he’s speaking and starts commending the Democratic congressional candidate from Delaware.
Persons: Gail Collins, Bret, Bret Stephens, Joe Biden, Donald Trump, Biden, Gail, It’d Organizations: Trump, Democratic Locations: Delaware
Frank Bruni: Olivia, Matt, I thank you for joining me and I wonder if you’re as disoriented as I am. A general-election presidential debate in June? Matthew Continetti: The dizziness you feel is the result of a truly strange presidential election. Biden and Trump are the oldest presidential candidates in history, and among the least liked. Olivia Nuzzi: I am usually disoriented when I look at our political landscape.
Persons: Frank Bruni, Matthew Continetti, , Olivia Nuzzi, Biden, Donald Trump, Olivia, Matt, Trump, Robert F, Kennedy Jr Organizations: Washington, New York, Commission, Biden Locations: America
In today's big story, we're looking at the first — and somewhat unconventional — US presidential debate happening tonight . Evan Vucci/AP images, Manuel Balce Ceneta/AP images, Tyler Le/BIIt didn't come easy, and it won't feel quite the same, but we're getting our first US presidential debate tonight. AdvertisementBut don't be surprised by some noticeable differences from what you've come to expect when two presidential candidates face off. And this marks the first presidential debate the platform navigates under the Elon Musk regime. In other newsAdvertisementWhat's happening todayRFK Jr., who did not qualify for the CNN presidential debate, will answer debate questions via livestream during his campaign's counter-programming.
Persons: , Evan Vucci, Manuel Balce Ceneta, Tyler Le, Joe Biden, Donald Trump, it's, Insider's Brent D, Griffiths, Biden, Brent, Chris Szagola, Julien de Rosa, Alice Tecotzky, Cros, Sunny Verghese, Goldman Sachs, Goldman, Adam Posen, Posen, Bord, Jenny Chang, Rodriguez, Mustafa Suleyman, Alberto Miranda, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Trump, Biden, CNN, Fox News, MSNBC, Elon, Getty, Peterson, BI, NFL, RFK Jr Locations: Tesla . Texas, New York, London
CNN —President Joe Biden and his predecessor, Donald Trump, are set to make history on CNN Thursday night as they meet for their first 2024 debate. Thursday’s debate will be the earliest in the election cycle that a presidential debate featuring the major parties’ nominees has taken place in modern history. That’s why Trump’s advisers and allies have urged the former president to focus on issues like the economy, crime and inflation as he debates Biden. The Biden campaign knows all this, of course, so it will be interesting – and instructive – to hear his message and analyze where it’s being targeted. The Trump campaign distanced itself, in part, from the plan, noting that the advisers who wrote it are not on the payroll.
Persons: Joe Biden, Donald Trump, It’ll, Biden —, , Trump, Hunter, Jake Tapper, Dana, insurrectionists, Biden, parry, Wade, Roe, , CNN’s Erin Burnett, won’t Biden, ” Biden, , Lincoln, Benjamin Netanyahu, Vladimir Putin, Putin, ” He’s Organizations: CNN, United States, Trump, Capitol, GOP, Biden, NATO, Reuters, Kyiv, Republicans, UFC Locations: New York, Georgia’s, Atlanta, Washington , Florida, Georgia, Russia, Israel, Gaza, Ukraine, Moscow, Kyiv, Western Europe, United States
While the regional wildlife coordinator for Wyoming Game and Fish supported the proposal, Ricketts' neighbors were another story, the Nebraska Examiner said. That's what I kind of equate it to," one local told The Daily Beast about Ricketts at the time. "That's just not something that's ever going to be well received, whether it was Mr. Ricketts or the next billionaire with a big dream and a big plan." And in the end, Ricketts is getting his big dream and big plan — just not when he wants it. According to estimates at the town meeting, the hotel will now take six years to build rather than three.
Persons: , Joshua Coursey, Joe Ricketts —, Donald Trump, Ricketts, Forbes, Jackson, " Ricketts, Little Jackson, He's, Fish, Foundation's Coursey, Matthew Prince, Prince, Bill Gross, Dale Chihuly, Gross, Vinod Khosla, Coursey, That's Organizations: Service, Business, Foundation, Chicago Cubs, Wyoming, Nebraska Examiner, City, Daily Locations: Bondurant, Wyoming, Paramount's, Sublette County , Wyoming, Teton County, Los Angeles and New York, Northwest Wyoming, Sublette, Laguna Beach , California
Learn moreThe first general election presidential debate between President Joe Biden and former President Donald Trump airs tonight. We'll show you how to watch the presidential debate from anywhere, including free live streaming options. How to watch the presidential debate in the USThe first presidential debate will air on CNN on Thursday at 9 p.m. Check price at FuboHow to watch the presidential debate in the UKThe presidential debate will be available to watch on CNN Live in the UK, where subscriptions start at £1.99 a month. There is also an anticipated Vice presidential debate that will take place this summer.
Persons: Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Tapper, Bash, Biden, Trump, We've, Max, ExpressVPN, Kamala Harris, Trump's Organizations: Business, CNN, Union, Trump, CNN.com, YouTube, Max, Sling, Sling TV, NBC, FOX, CBS, ABC, CNN International, Sky, BBC, CBC News Network, CTV News Channel, CBC Gem, CTV, Canadian Locations: CNN's Atlanta , Georgia, CNN's, Nashville , Tennessee, Canada
CNN —Judge Aileen Cannon wants to hold additional hearings on Donald Trump’s attempts to challenge key evidence in his classified documents case and will allow the former president’s lawyers to question witnesses about the investigation and search of Mar-a-Lago. Those issues were argued in hearings on Tuesday, but Cannon did not rule on the matters. The judge did not say when additional hearings would be held. The special counsel’s office has strongly opposed the need for additional hearings and Trump’s attempts to cut out parts of the case. Cannon has not set dates for the additional hearings yet.
Persons: Aileen Cannon, Donald Trump’s, Evan Corcoran, Cannon, , ” Cannon, Ty Cobb, Judge Cannon’s, CNN Cannon, Trump’s, Corcoran, Trump Organizations: CNN, FBI, Mar, Trump Locations: Florida, Lago, Mar, Trump’s Florida, Washington, DC
The first debate of the 2024 general election is almost here: President Biden and former President Donald J. Trump will take the stage Thursday night in Atlanta. While some of the rules and formatting elements are standard — for instance, the candidates will be allowed to take notes during the debate, but not to bring prepared notes — others will be less typical. Here is an overview of the rules that the two campaigns have agreed to with CNN, the evening’s host. Ninety minutes, starting at 9 p.m. Eastern time, with two commercial breaks. That is a normal length for a presidential debate, but the commercial breaks are noteworthy: General-election debates in past cycles, sponsored by the Commission on Presidential Debates rather than an individual news organization, did not have them.
Persons: Biden, Donald J, Trump Organizations: CNN, Commission Locations: Atlanta
Donald Trump and Joe Biden will see each other for the first time since their last debate in 2020. Here is what to expect in the earliest-ever presidential debate before the November election. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Donald Trump, Joe Biden Organizations: Business
Put another way, this isn’t going to be an “abortion” election or an “economy” election: 2024 is going to be the mom election. That decline is largely attributed to one key cost: child care. Both have since lapsed, leaving many families to teeter on (or fall off) a “child care cliff.”In 2024, the cost of child care — the cost of motherhood — has become untenable. They don’t see “motherhood issues,” such as child care and paid leave, as substantive, economic issues worth fighting for. For decades, moms have been divided — working moms versus stay-at-home-moms, single moms versus coupled moms, Moms for Liberty versus Moms Demand Action.
Persons: CNN — Kellyanne Conway, Reshma, Biden, Donald Trump, ” Conway, Conway, , who’ve, we’re, ” isn’t, they’re, Trump Organizations: CNN, , New York Times, , Federal, Household Economics, Liberty, Twitter, Republicans Locations: teeter
Josh Kushner, founder of venture capital firm Thrive Capital, has a net worth of $3.6 billion. Known as Jared Kushner's brother and Karlie Kloss' husband, he's successful in his own right. AdvertisementJosh Kushner is widely known as the brother of Donald Trump's son-in-law, Jared Kushner, and the husband of supermodel Karlie Kloss, but he's also an accomplished businessman in his own right. Kushner's investments in tech startups through his venture capital firm, Thrive Capital, have made him a billionaire worth $3.6 billion, according to Forbes. Most recently, Thrive Capital backed A24, the independent studio responsible for hits like "Everything Everywhere All at Once," "Uncut Gems," and HBO's "Euphoria."
Persons: Josh Kushner, Jared Kushner's, Karlie Kloss, he's, , Donald Trump's, Jared Kushner Organizations: Spotify, Service, Forbes, Business
Trump Biopic Inches Toward Distribution Deal
  + stars: | 2024-06-27 | by ( Brooks Barnes | ) www.nytimes.com   time to read: +1 min
The truth is that they spend most of their time trying to minimize risk. It’s why theaters are clogged with vacuous sequels. But the movie business still has at least one wildcatter: Tom Ortenberg. “Tom’s got more courage than most people in Hollywood combined,” said Stephen Galloway, the dean of Chapman University’s film school. “His interest in this kind of movie involves business, of course.
Persons: Donald J, Trump, Tom Ortenberg, Ortenberg, , “ Tom’s, , Stephen Galloway, Chapman Organizations: Hollywood, Entertainment Locations: United States, bask, Hollywood
Get Ready for the Debate Like an Economics Pro
  + stars: | 2024-06-27 | by ( Jeanna Smialek | ) www.nytimes.com   time to read: +1 min
Many of the issues likely to dominate Thursday’s televised debate between President Biden and former President Donald J. Trump boil down to economics. Given that, it could be handy to go into the event with an understanding of where the economic data stand now and what the latest research says. Below is a rundown of some of today’s hot-button topics and the context you need to follow along like a pro. Inflation jumped during the pandemic and its aftermath for a few reasons. The government had pumped more than $5 trillion into the economy in response to Covid, first under Mr. Trump and then under Mr. Biden.
Persons: Biden, Donald J, Trump Organizations: Mr
Partisan media outlets have fixated this week on Thursday night’s first presidential debate — and how their preferred candidate could prevail. Many conservative media outlets have parroted former President Donald J. Trump by questioning the fairness of the debate, which CNN will host, as well as President Biden’s fitness for it. Many also repeated Mr. Trump’s baseless claim that Mr. Biden would be under the influence of performance-enhancing drugs during the event. Liberal outlets criticized Mr. Trump and his campaign for making the claims about CNN and for the barbs about medication, saying both were lobbed out of desperation. They also suggested the debate could show Americans that Mr. Trump was an erratic candidate.
Persons: Donald J, Trump, Biden Organizations: CNN, Liberal
And as one of the richest and most powerful people in the world, Musk's political stances carry a great weight. Musk's political donations dating back to 2002 fit neatly into just a single landing page on OpenSecrets, a nonprofit organization that tracks money in politics. AdvertisementThough Musk historically hasn't been big on political donations, he's publicly said that he weighs in on politics when it could affect his businesses. Musk's political coming of age during the pre-social media era remains much of a mystery. His latest donations have all been to Republican candidates and causes, with Sen. Chris Coons of Delaware being the last Democrat to receive any Musk donations back in 2020.
Persons: , Elon, hasn't, that's, he's, Trump, Joe Biden, Donald Trump, Musk, Elon Musk, Paul Harris, Errol —, Ashlee Vance's, Musk's, Andrew Panzera, Tesla, Martin Eberhard, Marc Tarpenning, Trump Tesla, Alex Brandon Musk, George W, Bush, John Kerry, Barack Obama, Hillary Clinton, Clinton, Sen, Chris Coons, Rex Tillerson's, Hillary Clinton's, Marc Piasecki, Ron DeSantis, DeSantis, Biden, Nelson Peltz, MAGA, — Musk Organizations: Service, SpaceX, Business, White, Tesla, Getty, Pretoria City Council, Progressive Party, New York Times, Times, PayPal, Trump, Donald Trump AP, Democratic, California Democrats, National Republican Congressional, GOP, Republican, Elon, State, Paris Climate, America, NASA, Biden's, Cannes Lions, Democratic Party, Republican Florida Gov, Twitter Locations: Africa, Los Angeles, Republic of South Africa, Pretoria, South Africa, Canada, Johannesburg, Silicon Valley, California, Sens, Delaware, Paris, Texas, Musk's Texas
Live updates: 2024 election news
  + stars: | 2024-06-26 | by ( Elise Hammond | Aditi Sangal | Maureen Chowdhury | ) edition.cnn.com   time to read: +2 min
President Joe Biden speaks during a campaign rally at Girard College in Philadelphia, Pennsylvania on May 29. Andrew Harnik/Getty ImagesAt tomorrow’s CNN debate, President Joe Biden is planning to attack his predecessor as being unfit for office and unworthy of representing the United States on the world stage. Faiz Shakir, Sanders’s 2020 campaign manager, told CNN it was a smart and effective strategy that earned a lot of media coverage, because of the nature of the announcement. “It works when you have actually relevant and new info to share, whenever that is,” Shakir told CNN. Democrats’ 2024 platform is still being drafted by the Biden campaign and Democratic National Convention operatives, sources say, making it more likely a later debate sees a heavier focus on policies and personnel.
Persons: Joe Biden, Andrew Harnik, Sen, Bernie Sanders, Biden, , ” Biden, Faiz Shakir, Sanders’s, ” Shakir, Trump Organizations: Girard College, CNN, Democratic, Supreme, Univision, Democratic National Convention Locations: Philadelphia , Pennsylvania, United States, Washington ,
Trump-backed candidates lost primary races in Utah, South Carolina, and Colorado. These defeats mark a rare trend of Trump endorsements failing in the 2024 election cycle. But in this week's primary elections, some Trump picks experienced rare losses. In Utah, Republican Rep. John Curtis — who has been critical of Trump — beat out Trump's chosen candidate Trent Staggs to take over Mitt Romney's open Senate seat. Staggs lost to Curtis by 20 points, according to projected race calls from the Associated Press, compiled by The New York Times.
Persons: Trump, , Donald Trump, John Curtis —, Trump's, Trent Staggs, Mitt Romney's, Staggs, Curtis Organizations: Trump, Service, Republican, Trump —, Associated Press, The New York Times Locations: Utah , South Carolina, Colorado, Utah
U.S. President Joe Biden delivers remarks alongside Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo during a Cabinet Meeting at the White House on June 06, 2023 in Washington, DC. President Joe Biden's Cabinet will wrap up a barnstorming tour Thursday after two weeks on the road, touting the administration's economic accomplishments ahead of the Democratic incumbent's first debate against former President Donald Trump. In the 10 days leading up to Thursday's debate, the White House organized 29 public events, featuring more than a dozen top administration officials to promote Biden's economic agenda, a White House official said in a memo announcing the blitz. Not anymore," Neera Tanden, White House domestic policy advisor, said in the release. "Thanks to President Biden's economic plan, the American economy is strong and resilient, with robust economic growth in recent quarters," she said in a speech Monday.
Persons: Joe Biden, Janet Yellen, Gina Raimondo, Joe Biden's, Donald Trump, Lael Brainard, Pete Buttigieg, Neera Tanden, Yellen, Biden's Organizations: White House, Democratic, White, National Economic, Transportation, Seniors Locations: Washington , DC, Georgia , Nevada , Pennsylvania, Michigan, White, Minnesota, American
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewPresident Joe Biden has staked a major tenet of his reelection campaign on painting former President Donald Trump as one of the biggest political threats to democracy in the US. "We're often not faced with questions of whether the vote we cast will preserve democracy," he said at the time. In a survey conducted by The Washington Post and the Schar School of Policy and Government at George Mason University among registered voters from mid-April to late May, Trump led Biden 44 percent to 33 percent on the democracy issue.
Persons: , Joe Biden, Donald Trump, Biden, Trump, — Trump Organizations: Service, GOP, Business, Senate, The Washington Post, Schar School of Policy, Government, George Mason University, Biden, White, Trump, Capitol, Republicans
Washington CNN —President Joe Biden and former President Donald Trump’s foreign policy positions have sometimes seemed like an afterthought in an election with domestic concerns at its heart. One campaign official told CNN that if and when foreign policy issues come up Thursday night, the contrast that Biden will try to paint could not be starker. “President Biden stands up to dictators and defends freedom – Trump is a loser who is too dangerous and reckless to ever be anywhere close to the Oval Office again,” the official said. One potential difficulty for Biden and his advisers might be identifying Trump’s positions on several foreign policy areas. And on Trump, Biden is expected to deploy a broad accusation: That Trump abandoned US allies, cozied up to dictators and generally made the world less safe.
Persons: Joe Biden, Donald Trump’s, , Trump, Biden, Jake Sullivan, David, , – Trump, Benjamin Netanyahu, Vladimir Putin’s, Kim Jong, Donald Trump, , he’s, Netanyahu, Volodymyr Zelensky, Organizations: Washington CNN, Biden, Republican, Democratic, CNN, Oval, North, Trump, , NATO, Republican Party, Ukrainian, Group Locations: Atlanta, Europe, Gaza, Ukraine, China, Beijing, North Korean, ” Russia, , Israel, Kyiv, Italy, United States
But the figure of former President Jacob Zuma and his new political party uMkhonto – or simply “MK” – provoked more reaction. Jerome Delay/APMoreover, according to Herman, pro-Zuma conspiracy theories and propaganda, some with Russian fingerprints, had been flooding South African social media in the lead-up to the election. And even as Zuma takes pages from Trump’s playbook, South Africans may be telling a different narrative. Facing pressure, Zuma resigned as South African president in 2018. Though some South Africans still admire the US’ capitalist spirit, I find that the South African friends who visit me in the US don’t always feel at ease anymore.
Persons: Sean Jacobs, Cape Town CNN —, Read, Nelson Mandela –, Jacob Zuma, uMkhonto, , , Herman Wasserman, Herman, Zuma, Donald Trump’s, Jerome Delay, Trump’s, Mandela, Michele Spatari, Duduzile, Jacob Zuma's, MK’s, Zuma’s, , jestingly liken Donald Trump, Jacob Zuma of, Putin, playbook, Nelson Mandela, Alexander Joe, Trump, “ I’ve, it’s Biden, won’t Organizations: CNN, New School, Cape Town CNN, African National Congress, Zulu, Stellenbosch University, Former South, ANC, Getty, Democratic Alliance, DA, South, Trump, Jacob Zuma of America, Durban, International Court of Justice, Global Locations: Africa, South Africa, Stellenbosch, Cape Town, America, Taiwan, Germany Riding, United States, Orlando, Soweto, Johannesburg, Trump’s playbook, South, Robben, Orange Farm, AFP, Cape, Durban, Russia, States, China, Israel, New York City
President Joe Biden needs his debate gamble to pay off. Biden, who's viewed his life as one shaped by fate, decided to upend his reelection campaign by scheduling the earliest major presidential debate ever. Related storiesThe Times reported that Biden's team hopes the debate will jolt Americans into paying more attention to the race. PRESIDENT TRUMP: I've been preparing for this debate for my whole life. pic.twitter.com/nV3kQXGg3u — Trump War Room (@TrumpWarRoom) June 26, 2024Americans aren't surrounded by the crush of Trump news like they once were.
Persons: Joe Biden, Biden, who's, Donald Trump, There's, Trump, RealClearPolitics, he'll, Obama, David, I'm, Corey Lewandowski, TRUMP, I've, , nudging Trump, Trump's, Jake Tapper, Dana Bash, would've, Bobby Knight, We’re, ” Trump, Karoline Leavitt, Kasie Hunt, Leavitt, Mike Sington, there's Organizations: Service, strongarm Fox, The New York Times, Business, Trump, Times, Studies, CNN, — Trump, Republicans, GOP, MLB Locations: Michigan, Wisconsin, Pennsylvania, Afghanistan
Trump's vows to carry out a major deportation campaign is a stagflationary threat, Adam Posen told Bloomberg TV. Adding to inflation risk are also Trump's trade proposals, as he pledges to lift tariffs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's vow to initiate the country's biggest deportation campaign is a massive stagflationary hazard, risking an economic downturn amid even tighter monetary policy, one think-tank economist said. At the same time, he's also pledged to deport all undocumented workers from the US, which total 7.5 million people, Posen said.
Persons: Trump's, Adam Posen, , Donald Trump's, Trump, he's Organizations: Bloomberg TV, Service, Republican, Peterson, Business Locations: Posen
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