Bloomberg Politics: news on page 419

Trump's Steel Tariff Rejected by GOP, Praised by Democrats

Trump's Steel Tariff Rejected by GOP, Praised by Democrats

President Donald Trump’s closest Republican allies on Capitol Hill are criticizing his plan to impose tariffs on steel and aluminum imports to protect national security, while some Democrats are
What All the Key Players Said About Brexit This Week

What All the Key Players Said About Brexit This Week

U.K. Prime Minister Theresa May will make a key Brexit speech on Friday. Her remarks mark the end of an intense week. U.K. Labour leader Jeremy Corbyn, Trade Secretary Liam Fox, chief EU negotiator
Hungary's Premier Sounds Alarm on Risk of Opposition Resurgence

Hungary's Premier Sounds Alarm on Risk of Opposition Resurgence

Hungarian Prime Minister Viktor Orban regards his party’s defeat in a municipal election last weekend as an "alarm bell" before a nationwide vote in April as the opposition is overcoming its
Third Time's Not a Charm as Trump Tries to Craft a Biofuel Fix

Third Time's Not a Charm as Trump Tries to Craft a Biofuel Fix

President Donald Trump found out how difficult it is to bridge the competing interests of ethanol producers and oil refiners as a third White House biofuel meeting in four days ended with no agreement
Puigdemont Stands Aside to Allow Creation of Catalan Government

Puigdemont Stands Aside to Allow Creation of Catalan Government

Carles Puigdemont, who was ousted as president of Catalonia, said he won’t seek the leadership of the Spanish region, opening the way for a pro-independence government to form two months after
The NRA Has a Secret Weapon to Fight Gun Control: A Powerful App

The NRA Has a Secret Weapon to Fight Gun Control: A Powerful App

The app is so effective at connecting the NRA’s members with lawmakers, even Democrats are jealous.
Hudson Tunnel Requires Committed Cash, Transportation Secretary Tells Senators

Hudson Tunnel Requires Committed Cash, Transportation Secretary Tells Senators

Almost a year after U.S. Transportation Secretary Elaine Chao called a massive tunnel connecting New Jersey with New York “an absolute priority,” she said federal loans shouldn’t count toward the
Democrats Rush to Seize Momentum After Trump Gun-Control Push

Democrats Rush to Seize Momentum After Trump Gun-Control Push

Senate Democrats, seeking to take advantage of President Donald Trump’s surprising embrace of new gun controls, proposed reinstating an assault-weapons ban as part of their agenda Thursday while GOP
Morneau Rejects U.S.-Scale Deficits That Would Raise Rates

Morneau Rejects U.S.-Scale Deficits That Would Raise Rates

Canada’s Finance Minister won’t follow Donald Trump’s big deficits in part because he doesn’t want interest rates to rise too quickly.
ECB's Rimsevics Back at Central Bank Despite Bribery Probe

ECB's Rimsevics Back at Central Bank Despite Bribery Probe

Ilmars Rimsevics, probed for bribery by Latvia’s anti-corruption bureau, has returned to work at the central bank in Riga that he’s headed since 2001.
De Blasio’s New Schools Chief Changes His Mind a Day After Announcement

De Blasio’s New Schools Chief Changes His Mind a Day After Announcement

New York Mayor Bill de Blasio’s pick to be chancellor of the city’s school system, the largest in the U.S., has turned down the job.
Robert Reich Says He Wouldn't Support Tariff Plan

Robert Reich Says He Wouldn't Support Tariff Plan

Former Labor Secretary Robert Reich, author of "The Common Good," discusses President Trump's plan to slap tariffs on steel and aluminum imports on "Bloomberg Markets: Balance of Power." (Source:
Venezuela Pushes Presidential Vote Back a Month to May 20

Venezuela Pushes Presidential Vote Back a Month to May 20

Venezuela’s ruling socialists and opponents agreed to postpone general elections from April 22 until the second half of May and invite international observers to monitor the balloting.
Jury Begins Deliberating Fate of Cuomo’s Former Aide

Jury Begins Deliberating Fate of Cuomo’s Former Aide

A jury has begun deliberating the fate of a former top aide to New York Governor Andrew Cuomo.
Embattled Anti-Brexit Tories Get New Mojo From John Major

Embattled Anti-Brexit Tories Get New Mojo From John Major

Ever since Britain’s surprise vote to leave the European Union, Conservatives who oppose Brexit have been on the back foot. Stunned by their defeat, leaderless with the resignation of David Cameron,
Scaramucci Says He Fears John Kelly Will Thwart SkyBridge Sale

Scaramucci Says He Fears John Kelly Will Thwart SkyBridge Sale

Former Donald Trump aide Anthony Scaramucci tore into White House Chief of Staff John Kelly, accusing him of blocking his access to the president at the White House and Davos and driving away Trump’s
Corbyn Cheerleader Moves to Seal Control of U.K. Labour Party

Corbyn Cheerleader Moves to Seal Control of U.K. Labour Party

The “Lifelong Leftie” who helped persuade Jeremy Corbyn to run for the Labour leadership in 2015 has made his next move in a quest to cement the hard-line socialist takeover of Britain’s main
Trump Says Trade Wars Are ‘Good, and Easy to Win’

Trump Says Trade Wars Are ‘Good, and Easy to Win’

President Donald Trump invited a trade war after slapping tariffs on steel and aluminum imports, daring other countries to act on threats of retaliation.
IRS Seeks to Close Hedge-Fund Tax Loophole for Carried Interest

IRS Seeks to Close Hedge-Fund Tax Loophole for Carried Interest

The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on
The Business Titans to Watch at China’s Big Political Gathering

The Business Titans to Watch at China’s Big Political Gathering

Among the rich and powerful gathering in Beijing for the annual meetings of China’s legislature and political advisory body are some of the biggest names in business.