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Trump tax plan will sharply slash corporate tax rates

Tue, 25 Apr 2017 22:30:45 -0400

WASHINGTON (Reuters) - U.S. President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday.(image)

Trump's concession on wall funding removes obstacle from spending talks

Tue, 25 Apr 2017 22:03:00 -0400

WASHINGTON (Reuters) - The threat of a U.S. government shutdown this weekend appeared to recede on Tuesday after President Donald Trump backed away from a demand that Congress include funding for his planned border wall with Mexico in a spending bill.(image)

Trump administration to brief full U.S. Congress on North Korea policy

Wed, 26 Apr 2017 00:06:29 -0400

WASHINGTON (Reuters) - U.S. lawmakers want to leave briefings on North Korea on Wednesday with something many think has been absent in the Trump administration so far: a clear strategy for dealing with a major national security threat.(image)

U.S. judge blocks Trump order to restrict funding for 'sanctuary cities'

Tue, 25 Apr 2017 23:45:34 -0400

SAN FRANCISCO (Reuters) - A U.S. judge on Tuesday blocked President Donald Trump's executive order that sought to withhold federal funds from so-called sanctuary cities, dealing another legal blow to the administration's efforts to toughen immigration enforcement.(image)

Trump opposes including Obamacare subsidies in spending bill: Mulvaney

Tue, 25 Apr 2017 21:59:04 -0400

WASHINGTON (Reuters) - U.S. President Donald Trump will not agree to a Democratic demand that subsidies for Obamacare be included in a must-pass spending bill in Congress, White House budget director Mick Mulvaney said on Tuesday.(image)

U.S. lawmakers push Yucca nuclear dump facing transport crunch

Tue, 25 Apr 2017 23:07:10 -0400

WASHINGTON (Reuters) - Lawmakers in the U.S. House of Representatives will debate legislation on Wednesday to breathe life into the stalled Yucca Mountain spent nuclear fuel dump in Nevada, but critics say the project is hindered by the lack of an easy transport route.(image)

Former Trump adviser Flynn likely broke law with Russia trip: lawmakers

Tue, 25 Apr 2017 19:17:49 -0400

WASHINGTON (Reuters) - Former White House national security adviser Michael Flynn likely broke the law by failing to get permission to be paid for a trip to Russia in 2015, the leaders of a House of Representatives committee said on Tuesday.(image)

Trump to meet Australian PM, relations strained over asylum seekers

Tue, 25 Apr 2017 22:11:38 -0400

SYDNEY/WASHINGTON (Reuters)) - U.S. President Donald Trump will meet with Australian Prime Minister Malcolm Turnbull on May 4 in New York City as the two nations seek to repair a relationship strained by a row over an asylum seeker resettlement deal.(image)

Trump administration to review dozens of U.S. national monuments

Tue, 25 Apr 2017 21:22:16 -0400

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday will order a review of national monuments created over the past 20 years with an aim toward rescinding or resizing some of them - part of a broader push to reopen areas to drilling, mining and other development.(image)

U.S. commerce secretary eyes more trade moves: WSJ

Tue, 25 Apr 2017 21:44:42 -0400

WASHINGTON (Reuters) - The Trump administration may undertake trade actions to protect the U.S. semiconductor, shipbuilding and aluminum industries, citing national security concerns, Commerce Secretary Wilbur Ross told the Wall Street Journal in an interview on Tuesday.(image)