Apr 6, 2018

Sanders: Trump "absolutely" still believes trade wars are easy to win

White House Press Secretary Sarah Sanders said Friday that the president doesn't want to enter a trade war with China, but if he does, he'll win.

Key quote: President Trump "absolutely" still believes trade wars are easy to win. "If he is in charge of those negotiations then absolutely. He's the best negotiator at the table."

  • Tariffs effect on the markets: Sanders said the president understands that the tariffs could cause "some fluctuation" in the stock market, but he thinks "enough is enough" ... "Frankly we shouldn't be in this situation, the previous administration should have stepped up and dealt with this."
  • Today’s Russia sanctions don’t mean that a summit with President Vladimir Putin is off the table, said Sanders. Trump still wants to have a good relationship with Russia, but "what we would like to see is the totality of the Russian behavior change."
  • National guard to the southern border: The administration is working with border states to get the National Guard on the ground as soon as possible. California has resisted, but Sanders said she hopes they will “do the right thing.”

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Stocks fall 4% as sell-off worsens

A trader on the floor of the New York Stock Exchange. Photo: Johannes Eisele/AFP via Getty Images

Stocks fell more than 4% on Thursday, extending the market’s worst week since the financial crisis in 2008 following a spike in coronavirus cases around the world.

The big picture: All three indices closed in correction territory on Thursday, down over 10% from their recent record-highs amid a global market rout.

Coronavirus updates: California monitors 8,400 potential cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

33 people in California have tested positive for the coronavirus, and health officials are monitoring 8,400 people who have recently returned from "points of concern," Gov. Gavin Newsom said Thursday.

The big picture: COVID-19 has killed more than 2,800 people and infected over 82,000 others in some 50 countries and territories. The novel coronavirus is now affecting every continent but Antarctica, and the WHO said Wednesday the number of new cases reported outside China has exceeded those inside the country for the first time.

Go deeperArrowUpdated 1 hour ago - Health

Watchdog opens probe into VA secretary over handling of sexual assault claim

VA Secretary Robert Wilkie on Fox Business Network’s "The Evening Edit" on Jan. 7. Photo: Steven Ferdman/Getty Images

The Department of Veterans Affairs Inspector General Michael Missal said Thursday he had opened an investigation into VA Secretary Robert Wilkie after lawmakers demanded an inquiry into his handling of a sexual misconduct report, the Washington Post reports.

Context: Wilkie allegedly "worked to discredit" the credibility of Democratic aide and veteran Andrea Goldstein after she reported last fall "that a man groped and propositioned her in the main lobby of the agency's D.C. Medical Center," a senior VA official told the Post.