Trade

Trump Parched During Animated Defense of Asia Trip
America first trade message has resonated, president says

South Korean President Moon Jae-In shakes hands with U.S. President Donald Trump during the joint press conference at the presidential Blue House on November 7, 2017 in Seoul, South Korea. (Chung Sung-Jun/Getty Images)

President Donald Trump delivered a passionate defense Wednesday of the “America first” trade policy he sold during his recent Asia swing

At one point the president became so animated he ducked behind his podium in search of water.

Corker, Cardin See Little ‘Firm’ in Latest Trump North Korea Shift
President told of peaceful path, ‘maybe it sunk in,’ Cardin says

Senate Foreign Relations Chairman Bob Corker, left, speaks with ranking member Ben Cardin during a hearing earlier this year. (Photo By Bill Clark/CQ Roll Call)

Senior Senate Foreign Relations Committee members aren’t quite sure what to make of the White House’s dramatic shift on North Korea during President Donald Trump’s recent Asia tour

Before the president departed on the 12-day trip, he and his senior aides ruled out negotiations with North Korea. But during the Asia swing, he invited the North’s government to the negotiating table, and Trump’s senior staff spoke openly about the president’s terms for the very talks he for months had said would not work.

HHS Pick at Odds With Trump’s Rhetoric on Drug Prices
Alex Azar previously led Eli Lilly’s U.S. operations

Alex Azar is President Donald Trump’s nominee for Health and Human Services secretary. (Screenshot/Veeva Systems/YouTube)

President Donald Trump’s tweet Monday announcing former pharmaceutical executive Alex Azar as his choice to lead the Department of Health and Human Services boasted that Azar “will be a star for better healthcare and lower drug prices!”

But Azar, who led drugmaker Eli Lilly and Co.’s United States operations from 2012 until earlier this year, has contributed significantly to the pharmaceutical industry political spending that the president has decried.

Plan to Boost Coal and Nuclear Could Cost Consumers
Should consumers pay more so coal and nuclear plants can survive?

Energy Secretary Rick Perry testifies during the House Energy and Commerce Committee hearing Oct. 12. (Bill Clark/CQ Roll Call)

For years, federal regulation of the electric grid has focused on keeping prices low and competition stiff. But that could change with a recent proposal from the Trump administration to put more emphasis on what it calls resiliency.

According to Energy Secretary Rick Perry, the electric grid is more resilient — able to bounce back from disasters of the natural and man-made variety — when it has plenty of so-called baseload power that can run 24/7, with or without sunshine or wind and regardless of supply snags.

Boastful Trump Ends Asia Trip Touting ‘Minimum’ $300B in Deals
Major trade announcement could slip to Thursday, president says

President Donald Trump boards Air Force One on Saturday. He did the same on Tuesday and is headed back to the United States. (Shealah Craighead/White House via Flickr)

President Donald Trump wrapped up his swing through Asia by boasting that he inked agreements to sell $300 billion in U.S.-made goods and predicting the total value of the deals could “quadruple.”

“I think the fruits of are going to be incredible,” Trump told reporters of his dealmaking during the 12-day trip just minutes before Air Force One lifted off from the Philippines.

Trump to Nominate New HHS Secretary Alex Azar
Former pharmaceutical president vocal Obamacare opponent

Tom Price (Tom Williams/CQ Roll Call)

President Trump announced on Twitter he plans to nominate Alex Azar to be the next secretary of the Department of Health and Human Services.

Azar will be “a star for better healthcare and lower drug prices,” Trump wrote in his tweet announcing the coming nomination.

Major Announcement on Trade Coming Wednesday, Trump Says
U.S. president praises Philippines’ Duterte despite hardline crackdown

\President Donald Trump holds a bilateral meeting with Philippine President Rodrigo Duterte on the sidelines of the 31st Association of Southeast Asian Nations Summit in Manila on Monday. (Rolex dela Pena/Pool Photo via AP)

Updated at 7:54 a.m. | President Donald Trump plans to make a major announcement Wednesday on trade and North Korea following his 12-day swing through Asia.

“A lot of things are happening on trade. And I’ll be announcing pretty much what happened here, and also with other meetings, including China and South Korea and lots of other places,” Trump said during a meeting with his Australian and Japanese counterparts at a summit of Asian leaders in Manila, Philippines.

Analysis: Trump Pitches Every Country-For-Itself System in Asia
President urges Asian leaders to replicate his ‘America first’ approach

President Donald Trump, here arriving in Beijing with Chinese President Xi Jinping, has defended his “America first” approach throughout his Asia trip. (Official White House photo by Shealah Craighead/Flickr)

Unhappy With Asia’s Trade Tactics, Trump Delivers Stern Warning
President says his administration will punish ‘chronic trade abuses’

President Donald Trump waves to the audience Friday after speaking at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam. (Mark Schiefelbein/AP)

Updated 8:30 a.m. | President Donald Trump delivered a stern lecture to Asian leaders Friday, chiding them for profiting off an open U.S. market while taking advantage of America and its companies.

“The United States promoted private enterprise, innovation, and industry. Other countries used government-run industrial planning and state-owned enterprises,” Trump said during remarks at an Asia-Pacific Economic Cooperation summit in Danang, Vietnam. “They engaged in product dumping, subsidized goods, currency manipulation, and predatory industrial policies.

Tillerson: China Sends ‘Unequivocal’ Message on North Korea
Xi wants to give sanctions time to further squeeze North, secretary of state says

Secretary of State nominee Rex Tillerson appears on Capitol Hill earlier this year. He said on Thursday that Chinese officials say they will not stand for a nuclear-armed North Korea. (Bill Clark/CQ Roll Call file photo)

Chinese leaders have made an “unequivocal” declaration to U.S. officials that they will not tolerate a North Korea armed with nuclear weapons, says Secretary of State Rex Tillerson.

U.S. and Chinese officials see evidence of “stress” on key North Korean figures, including members of its military, because of recent sanctions applied since the Trump administration took office, Tillerson said, citing intelligence reports.