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U.S. NEWS Tuesday 27 November 2018
Global trade is at stake as Trump and Xi come face to face
Continued from Page 4 Clouding the outlook are went on CNBC and dis- The administration and about tumbling stock pric-
mixed messages from the missed Navarro’s remarks the European Union, for es, and Xi is contending
Trump himself sought Mon- Trump administration. as “way off base.” instance, reached a truce with a decelerating Chi-
day to increase the pres- The White House appears “They were not authorized last summer that suspend- nese economy.
sure on China. divided between hawks by anybody,” Kudlow said. ed threatened U.S. tariffs A truce would bring at least
In an interview with The like Trump’s trade adviser, “I actually think he did the on European auto imports. a temporary calm.
Wall Street Journal, Trump Peter Navarro, and free president a great disser- “My personal guess — and “No one is expecting they
said it was “highly unlikely” traders like the top White vice.” I’m sticking my neck out will come out with a solid
that he would agree to Bei- House economic adviser, Regardless of which ap- here — is that there will be agreement,” said Quincy
jing’s request to suspend Larry Kudlow. proach Trump takes to some kind of cease-fire Krosby, chief market strat-
the tariff hikes that are set On Nov. 9, Navarro deliv- Buenos Aires, Trump and agreed to,” said Matthew egist at Prudential Finan-
to take effect Jan. 1. ered a combative speech Xi don’t have to resolve Goodman, a senior adviser cial. “What the market
And he repeated his threat suggesting that Trump their differences this week. on Asian economics at the wants — what the market
to target an additional didn’t care what Wall A cease-fire that suspends Center for Strategic and In- needs — is a sense that
$267 billion in Chinese im- Street thought of his con- any further escalation of ternational Studies. they are negotiating and
ports with tariffs of 10 per- frontational China policy. the U.S. tariffs wouldn’t be Goodman noted that that the negotiations will
cent or 25 percent. Four days later, Kudlow unprecedented. Trump appears concerned continue.”q
Associate of Trump confidant Stone says he’ll reject plea
By CHAD DAY and ERIC other documents pertain-
TUCKER, Associated Press ing to the 2016 U.S. presi-
WASHINGTON (AP) — An dential election.”
associate of Trump con- Corsi’s lawyer, David Gray,
fidant Roger Stone said declined to comment, as
Monday that he is rejecting did Peter Carr, a spokes-
a plea offer in the special man for special counsel
counsel’s Russia investiga- Robert Mueller.
tion. Corsi told the AP last week
In an email to The Associat- that he was in plea nego-
ed Press, Corsi, a conserva- tiations with Mueller’s office
tive author who has pushed and had earlier said on his
conspiracy theories, said YouTube show that he ex-
he planned to reject a po- pected to be indicted for
tential plea deal with pros- making false statements.
ecutors. Corsi has said he cooper-
He did not elaborate, but in ated with the probe for
earlier interviews with other about two months after he
news organizations, he received a subpoena in
said he had been offered In this Oct. 7, 2008, file photo, Jerome Corsi, right, arrives at the immigration department in Nai- August. As part of that co-
a chance to plead guilty robi, Kenya. operation, he turned over
to a single count of lying Associated Press. two computers and a cell
to investigators. He said he tioned Corsi, a former weeks of the 2016 presiden- WikiLeaks’ plans. phone and provided the
planned to reject that offer Washington bureau chief tial election. Those emails ABC News reported that FBI access to his email ac-
because it would force him of InfoWars, as prosecutors included messages from Corsi had provided copies counts and tweets.
to admit to willfully lying, scrutinize Stone’s possible John Podesta, the chair- of a draft plea agreement Stone has denied being a
which he insisted he did not connections to WikiLeaks. man of Democrat Hillary in which he would have conduit for WikiLeaks and
do. American intelligence Clinton’s campaign. admitted to lying about an has not been charged. He
“They can put me in prison agencies have said Rus- Mueller is trying to deter- email about an associate’s has said he did not have
the rest of my life,” Corsi sia was the source of the mine whether Stone and “request to get in touch advance knowledge of
told CNN. “I am not going hacked material released other associates of Presi- with an organization that the source, content or ex-
to sign a lie.” by the anti-secrecy web- dent Donald Trump had he understood to be in pos- act timing of the WikiLeaks
Mueller’s team has ques- site WikiLeaks in the closing advance knowledge of session of stolen emails and release.q