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Businesses showing discontent with Trump’s trade policies

WASHINGTON (AP) — President Donald Trump’s aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party.

Corporate America was blindsided last week when Trump threatened to impose crippling taxes on Mexican imports in a push to stop the flow of Central American migrants into the United States.

50 percent tariff on US motorcycles by India unacceptable: Trump

Washington, Jun 11 (PTI) US President Donald Trump said that even though India has reduced its import tariff on American motorcycles from 100 percent to 50 percent, it is still too high and not acceptable to him.

Trump said the United States, under his leadership, is a country that can no longer be fooled. "We're not the foolish country that does so badly. You look at India, very good friend of mine, Prime Minister (Narendra) Modi, you take a look at what they've done, 100 percent tax on a motorcycle. We charge them nothing," Trump told CBS news in an interview on Monday.

China going to make trade deal with US: Trump

Washington, Jun 11 (PTI) US President Donald Trump said China will be left with no other option but to enter into a trade deal with the United States because his increased tariffs on Chinese products is having an impact on its economy.

"The China deal is going to work out. You know why, because of tariffs, because right now China is getting absolutely decimated by companies that are leaving China going to other countries, including our own, because they don't want to pay the tariffs," Trump told CBS news in an interview.

Pompeo to visit Japan, S.Korea on denuclearization in late June

WASHINGTON, June 10 (Xinhua) -- U.S. Secretary of State Mike Pompeo is scheduled to visit Japan and South Korea in late June to discuss denuclearization of the Korean Peninsula, said the U.S. State Department on Monday.

Pompeo would join U.S. President Donald Trump to meet with Japanese Prime Minister Shinzo Abe on the sidelines of the Group of 20 (G20) Summit slated for June 28-29 in Osaka, Japan, said the State Department spokesperson Morgan Ortagus at a press briefing.

Trump says tariffs "will be reinstated" if Mexico fails to pass immigration deal

WASHINGTON, June 10 (Xinhua) -- U.S. President Donald Trump said on Monday that tariffs on Mexican goods "will be reinstated" if Mexico's Congress doesn't approve an immigration deal between the United States and Mexico.

"We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S. has been asking about getting for many years. It will be revealed in the not too distant future and will need a vote by Mexico's Legislative body!" Trump tweeted.

Facebook is building a massive solar project in Texas

ALBUQUERQUE, N.M. (AP) — Facebook is building a massive solar farm in West Texas that’s believed to be one of the largest solar projects in the nation and the social media giant’s first direct investment in renewable energy.

Boston-based renewable energy developer Longroad Energy recently announced it was partnering with Facebook on the $416 million project, just as Facebook is finishing construction of a data center near Albuquerque.

Trump, Biden are bound for Iowa in potential 2020 preview

DES MOINES, Iowa (AP) — After months of jabbing each other from afar, President Donald Trump and Democrat Joe Biden will overlap Tuesday in Iowa, a state that’s critical to both their political futures.

For Biden, a convincing win in next year’s caucuses would cement him as the Democratic front-runner and reinforce his chief argument that he is the party’s best-positioned candidate to beat Trump. The president, meanwhile, is seeking to shore up his Iowa support as part of a broader effort to ensure the Midwestern states he snagged in 2016 remain in his column next year.

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