Highlights for U. S. President Donald Trump's administration on Wednesday: TAXES Trump proposes slashing tax rates for businesses and on overseas corporate profits returned to the country in a plan greeted as an opening gambit by his fellow Republicans in Congress.
Highlights for U.S. President Donald Trump's administration on Wednesday: TAXES Trump proposes slashing tax rates for businesses and on overseas corporate profits returned to the country in a plan greeted as an opening gambit by his fellow Republicans in Congress. GOVERNMENT SPENDING BILL Congress inches toward a deal to fund the government through September but is preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. TRADE The White House is considering a draft executive order to withdraw the United States from the North American Free Trade Agreement (NAFTA), a senior Trump administration official says. Canada and the United States have made progress in recent days on a dispute over Canadian lumber exports "but we are not there yet," Canadian Foreign Minister Chrystia Freeland says. Europe's claim to be the global champion of open trade and a counterweight to the protectionism threatened by Trump risks ringing hollow if it cannot sign a new Pacific free trade deal by the end of this year. NORTH KOREA The U.S. military starts moving parts of an anti-missile defense system to a deployment site in South Korea, triggering protests from villagers and criticism from China, amid tension over North Korea's weapons development. The United States may need to strengthen its missile defenses, particularly in Hawaii, given the advancing threat from North Korea's missile and nuclear weapons programs, the top U.S. commander in the Pacific tells Congress. U.S. lawmakers hope that Trump administration officials articulate a clear strategy to deal with the North Korean threat during a White House briefing on Wednesday. NATIONAL MONUMENTS Trump signs an executive order to identify national monuments that can be rescinded or resized, part of a broader push to open up more federal lands to drilling, mining and other development. CLIMATE CHANGE White House advisers and Trump administration officials will meet on Thursday to discuss whether the United States should remain in the Paris climate agreement, a White House official says. SANCTUARY CITIES Trump, on Twitter, attacks a federal judge's ruling that blocked his executive order seeking to withhold funds from "sanctuary cities" for illegal immigrants, vowing an appeal to the U.S. Supreme Court. ISRAEL VISIT Israel and the White House are in preliminary discussions about a visit to Israel by Trump as early as next month, an Israeli government official says.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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