After aluminum imports hit an all-time high last year, President Trump announced Thursday, his plan to impose new tariffs on imports of steel and aluminum. Trump will impose a 25% tariff on steel and 10% on aluminum, which investors expect to cause ongoing volatility in the market. The decision comes after two Commerce Department investigations.
Russian President Vladimir Putin presented a new generation of nuclear weapons, Thursday, including an ‘invincible’ intercontinental cruise missile and a nuclear torpedo.The presentation comes before a March 18th election, which he is expected to win. Putin said the weapons are defensive and attacks on Russia’s allies will be taken as an attack on Russia provoking an immediate response.
Bangladesh summoned Myanmar’s Ambassador Lwin Oo, Thursday, to ask for the immediate removal of the troops that have been deployed, with heavy weapons, to line their shared border where thousands of Rohingya refugees have taken shelter. Nearly 100,00 Rohingya have fled Myanmar for Bangladesh since August, after attacks labeled ‘ethnic cleansing’ by the United Nations.
The US ambassador to Mexico, Roberta Jacobson, announced Thursday, that she will resign from her post in May, in another high-level official State Department departure. Jacobson, who took the post in 2016, is an experienced diplomat and Latin America, expert. Jacobson’s departure could lead to a further deterioration of relations between the US and Mexico.
Following Delta Air Lines’ decision to cut ties with the National Rifle Association, Georgia lawmakers voted to eliminate a tax benefit of at least $38 million for the Atlanta based airline company. Delta ended their promotional discount for NRA members to stay ‘neutral’ in the national gun debate. Georgia Republicans say they have the right to ‘govern guided by our principles.’
The ‘Beast from the East,’ a cold blast from Siberia continues to make its way across Europe, reaching as far south as the Mediterranean, with flight cancellations, closed roads and schools, and suspended rail service. The World Health Organization issued a warning that the poor, homeless and migrants will be hit hardest by the cold.