Tariffs_Steel

U.S. Plans to Hit EU With Steel, Aluminum Tariffs

WASHINGTON—The Trump administration, unable to win concessions from European Union counterparts ahead of a Friday deadline, is planning to make good on its threat to impose tariffs on European steel and aluminum, people familiar with the matter said. The administration is expected to make an announcement as early as Thursday. The move, which has been threatened for months, is almost certain to draw a response from the EU, which has threatened to retaliate with its own tariffs on such American products as motorcycles, jeans and bourbon. President Donald Trump announced in March global tariffs of 25% on imported steel, and 10% on aluminum, based on national security concerns. The White… Read More

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Venezuela’s Maduro Sworn In for Second Term in Rushed Inauguration

CARACAS, Venezuela—President Nicolás Maduro, fresh off his victory in an election derided as farce by the U.S. and other countries, moved up his inauguration by eight months and was sworn in Thursday for a second, six-year term. Mr. Maduro won a snap election Sunday over a former member of his Socialist Party, after having barred two popular opposition leaders from running and forced others into exile. Inaugurated before the National Constituent Assembly, a body his allies created to supersede the opposition-controlled congress, Mr. Maduro defended his victory. “Venezuela had free elections, legitimate ones,” he told followers at the ornate congressional compound where the inauguration was staged. The ceremony was moved… Read More

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Donald Trump and Kim Jong Un could meet by May to talk ...

South Korea, U.S. expected to hold summit in mid-May: South Korean official

SEOUL (Reuters) – South Korea and the United States are likely to hold a summit in mid-May, a South Korean presidential official said on Wednesday. FILE PHOTO – U.S. President Donald Trump gestures as he speaks during a joint press conference with South Korea’s President Moon Jae-in at the presidential Blue House in Seoul, South Korea, November 7, 2017. REUTERS/Jung Yeon-Je/Pool The official spoke on condition of anonymity, ahead of a separate proposed summit between North Korean leader Kim Jong Un and U.S. President Donald Trump. South Korean President Moon Jae-in and Trump are also scheduled to speak by a phone shortly after the inter-Korean summit this Friday wraps up,… Read More

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Fatal Southwest Accident Puts Focus on Widely Used Engine – AtlantaVibe©

Fatal Southwest Accident Puts Focus on Widely Used Engine

The engine failure that killed a passenger aboard a Southwest Airlines Co. flight puts the spotlight on one of the industry’s most commonly used engines. CFM International—a joint venture between General Electric Co. and France’s Safran SA—makes engines that have become a mainstay of commercial aviation. The engines power most of Boeing Co. and Airbus SE’s single-aisle planes, the workhorses of the industry. On Tuesday, one of two CFM56-7B engines ruptured on a Boeing 737-700 operated by Southwest. The engine broke apart while the plane was at cruising altitude, flying from New York’s LaGuardia Airport to Dallas Love Field, with 149 passengers and crew aboard. Metal pieces struck the fuselage,… Read More

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Russian indicted in election probe says US justice ‘1-sided’

MOSCOW – One of the 13 Russians indicted by the United States for interfering in the American presidential election says the U.S. justice system is unfair. Mikhail Burchik was quoted as saying by the newspaper Komsomolskaya Pravda that “I am very surprised that, in the opinion of the Washington court, several Russian people interfered in the elections in the United States. I do not know how the Americans came to this decision.” Burchik was identified in the indictment as executive director of an organization that allegedly sowed propaganda on social media to try to interfere with the 2016 election. Burchik was quoted as saying Saturday that “they have one-sided justice,… Read More

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