Trump tough on South Korea: Threatens free trade deal termination, wants payment for THAAD system

President Donald Trump said that he will either renegotiate or terminate a “horrible” trade deal with South Korea, Reuters reported late Thursday. The president also said he wants South Korea to pay for the $1 billion THAAD missile defense system, Reuters...

Mexico’s president says opportunity to update NAFTA to benefit all 3 countries

Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau spoke on Thursday about the NAFTA trade deal and agreed there was an opportunity to update the accord to the mutual benefit of all signatories, the Mexican government said. In a statement,...

Trump says ‘major, major’ conflict with North Korea possible, but seeks diplomacy

Trump lavished praise on Chinese President Xi Jinping for Chinese assistance in trying to rein in North Korea. The two leaders met in Florida earlier this month. “I believe he is trying very hard. He certainly doesn’t want to see turmoil and death. He...

Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest

The vast majority of benefits would go to the highest earners and largest holders of wealth, analysts said, setting up a battle over the government’s strained resources.

Republicans’ Fiscal Discipline Wilts in Face of Trump’s Tax Plan

Some G.O.P. lawmakers are rallying around the idea that less taxation is more important than less debt, in a break from their party’s vocal deficit hawks.