Bloomberg Politics: news on page 172

EU Prepares to Retaliate Over Car Tariffs Before Trump Talks

EU Prepares to Retaliate Over Car Tariffs Before Trump Talks

The European Union is preparing a new list of American goods to hit with protective measures if a mission to Washington next week fails to persuade U.S. President Donald Trump not to raise levies on
Trump’s Damage to International Trade Will Take Years to Repair

Trump’s Damage to International Trade Will Take Years to Repair

America’s allies no longer trust Washington and are making free-trade deals that leave the U.S. out.
Trump’s Botched Putin Summit May Help Protect the Russia Probe

Trump’s Botched Putin Summit May Help Protect the Russia Probe

The president can’t shake the Russia investigation.
Manafort's Mansion, Benz on Tap as Mueller Readies Tax Case

Manafort's Mansion, Benz on Tap as Mueller Readies Tax Case

A Mercedes-Benz SL550. A House of Bijan watch. A Hamptons mansion with a putting green, waterfall pond and pool house. Plus bank records from Cyprus, the U.K. and St. Vincent and the Grenadines.
Trump Struggles to Explain Putin Posture as Zigzag Worries Aides

Trump Struggles to Explain Putin Posture as Zigzag Worries Aides

The White House struggled for a second straight day on Wednesday to explain President Donald Trump’s posture on Russian election meddling, and some administration officials are concerned there may be
Foreign Money Diverts From U.S. as Trump Hardens Trade Stance

Foreign Money Diverts From U.S. as Trump Hardens Trade Stance

President Donald Trump’s trade saber-rattling and protectionist economic policies are discouraging the flow of overseas money into job-creating U.S. investments as foreigners grow worried about what
Food-Stamp Use Is Still at Recession-Era Levels Despite Job Gains

Food-Stamp Use Is Still at Recession-Era Levels Despite Job Gains

Judging by the number of Americans on food stamps, it doesn’t feel like one of the best job markets in almost a half century and the second-longest economic expansion on record.
Trump CFPB Pick Is Enigma to Bankers. They Will Soon Learn More

Trump CFPB Pick Is Enigma to Bankers. They Will Soon Learn More

Meet Kathy Kraninger, President Donald Trump’s pick to run a financial regulator that has drawn frequent attacks from members of his administration and Republican lawmakers.
Brexit Rules Require Similar Impact Across Europe, FCA Says

Brexit Rules Require Similar Impact Across Europe, FCA Says

Financial rules should be devised to have a similar impact on markets across the U.K. and European Union after Brexit for the benefit of consumers and businesses, according to a senior executive at
Heatwave Threatens Nordic Crops as Lapland Gets New Heat Record

Heatwave Threatens Nordic Crops as Lapland Gets New Heat Record

The heatwave that’s gripping northern Europe is sending power prices skyrocketing, threatening Nordic grain crops and forcing Sweden to seek help from Italy and France to help combat wildfires.
Italy's Conte Seeks EU Commission Involvement in Migrants Crisis

Italy's Conte Seeks EU Commission Involvement in Migrants Crisis

Italy is asking the European Union to create a permanent role of mediator to ease tensions on migrants.
Brexit Bulletin: No More Indigestion

Brexit Bulletin: No More Indigestion

Today in Brexit: Dominic Raab and Michel Barnier hold their first meeting. It takes place amid growing Brexit gloom.

Manuel Says Investors Wary of S. Africa Land Reform, BD Reports

Foreign investors are wary of radical land reform in South Africa and are concerned that it may harm property rights, the financial sector and food security, Business Day reported, citing former
South Korea's Moon Sees Approval Slide Amid Wage Uproar

South Korea's Moon Sees Approval Slide Amid Wage Uproar

Support for South Korean President Moon Jae-in fell by the most since he took power last year, after a minimum-wage increase that drew criticism from employers and workers alike.
New York State Opens Probe Into Trump Charity, NYT Says

New York State Opens Probe Into Trump Charity, NYT Says

New York is investigating whether the Donald J. Trump Foundation violated state tax laws, a an inquiry that could lead to a criminal referral for possible prosecution, the New York Times reported,
How Europe Is Bracing for Messy Brexit: Dogs, Drones, Do Nothing

How Europe Is Bracing for Messy Brexit: Dogs, Drones, Do Nothing

Brexit talks are stalled and Prime Minister Theresa May’s divorce plan faces opposition on all sides. The European Union is telling governments and companies to prepare for the chaotic scenario of
Malaysia Issues Arrest Warrants for Ex-1MDB Executives

Malaysia Issues Arrest Warrants for Ex-1MDB Executives

Malaysian investigators have issued arrest warrants for two former executives of troubled state fund 1MDB, according to a person with knowledge of the matter.
Italy on Election Alert as Salvini's Permanent Campaign Rolls On

Italy on Election Alert as Salvini's Permanent Campaign Rolls On

Matteo Salvini made the anti-immigrant League the biggest winner in Italy’s March election with a barrage of speeches, interviews and constant tweeting about a supposed migrant crime wave, the
Trump Calls Turkey's Detention of U.S. Pastor a ‘Total Disgrace’

Trump Calls Turkey's Detention of U.S. Pastor a ‘Total Disgrace’

President Donald Trump said Turkey’s failure to release an American pastor from prison was a “total disgrace” and called on Turkish President Recep Tayyip Erdogan to intervene.
Trump's Drug Plan Picks Up Momentum as Merck Lowers Some Prices

Trump's Drug Plan Picks Up Momentum as Merck Lowers Some Prices

The Trump administration moved swiftly in the past 24 hours to implement pieces of its plan to bring down drug prices, preparing several significant steps as one of the biggest U.S. drugmakers said it