Lost contracts, bankruptcies, defaults, deceptions and indifference to investors—Trump’s business career is a long, long list of such troubles, according to regulatory, corporate and court records, as well as sworn testimony and government investigative reports. Call it the art of the bad deal, one created by the arrogance and recklessness of a businessman whose main talent is self-promotion.
My book exposed a grubby secret of American higher education: that
the rich buy their underachieving children’s way into elite universities
with massive, tax-deductible donations. It reported that New Jersey
real estate developer Charles Kushner had pledged $2.5m to Harvard University
not long before his son Jared was admitted to the prestigious Ivy
League school, which at the time accepted about one of every nine
applicants. (Nowadays, it only takes one out of 20.)
I also quoted administrators at Jared’s high school, who described
him as a less-than-stellar student and expressed dismay at Harvard’s
US military officials say Trump approved counter terrorism operation without sufficient intelligence or ground support. The US military has launched an investigation into the scale of civilian casualties in a botched special forces raid against a suspected al-Qaida base in Yemen, the first such mission to be approved by Donald Trump, as questions mount over the operation.
The German defence minister, Ursula von der Leyen, on Sunday rejected Donald Trump’s claim that Germany owes Nato and the US “vast sums” of money for defence. Ivo Daalder, permanent representative from 2009 to 2013, wrote: “Sorry, Mr President, that’s not how Nato works. The US decides for itself how much it contributes to defending Nato. This is not a financial transaction, where Nato countries pay the US to defend them. It is part of our treaty commitment.
What should a United States senator, or any citizen, do if the president is a liar? Does ignoring this reality benefit the American people? Do we make a bad situation worse by disrespecting the president of the United States? Or do we have an obligation to say that he is a liar to protect America’s standing in the world and people’s trust in our institutions?
As a candidate, Mr. Trump declared that he understood America’s complex tax laws “better than anyone who has ever run for president” and that he alone could fix them. But it is becoming increasingly unlikely that there will be a simpler system, or even lower tax rates, this time next year. The Trump administration’s tax plan, promised in February, has yet to materialize; a House Republican plan has bogged down, taking as much fire from conservatives as liberals; and on Monday, Treasury Secretary Steven Mnuchin told The Financial Times that the administration’s goal of getting a tax plan signed by August was “not realistic at this point.”
President Trump has finally found an economic issue that's not too complicated for him to do something about. That's stopping China from manipulating its currency that it hasn't been manipulating for the past two years.
The Trump administration has failed to fill crucial public health positions across the government, leaving the nation ill-prepared to face one of its greatest potential threats: a pandemic outbreak of a deadly infectious disease, according to experts in health and national security.
U.S. President Donald Trump has said it is "very unfair" that Germany sells more products in the United States than vice versa. Now German Finance Minister Wolfgang Schäuble is traveling to the U.S. with a paper obtained by DER SPIEGEL. The message: Trade surpluses aren't really a problem.
Secretary of State Rex W. Tillerson wants to restructure the department before he fills top posts, an aide said — a timeline that alarms many of its veterans. Whatever the future — even if it involves drastic reductions — there is a near-universal wish among State Department employees for Mr. Tillerson to lead them to it, and soon. The wait is taking a toll. “With very little guidance coming from the secretary’s office, rumors of draconian cuts abound, and many dedicated and extremely knowledgeable civil servants are electing to leave,” said Robert G. Berschinski, a top Obama administration diplomat.