U.S. Commerce Secretary Wilbur Ross today spoke to CNBC about the anti-China tariffs introduced today by President Trump, and the negative stock market reaction. His primary message:
Trade war is a matter of definition. You could argue that there has been a trade war underway for decades.
President Trump speaks at the White House. Photo: Doug Mills - Pool/Getty Images
President Trump unloaded on his former defense secretary via Twitter on Wednesday, hours after James Mattis condemned him for making a "mockery of our Constitution" in his response to mass protests in the wake of George Floyd's killing.
What he's saying: "Probably the only thing Barack Obama & I have in common is that we both had the honor of firing Jim Mattis, the world’s most overrated General. I asked for his letter of resignation, & felt great about it. His nickname was 'Chaos', which I didn’t like, & changed it to 'Mad Dog'"
Former President Barack Obama called on all mayors to review their use-of-force policies and commit to policing reform in a virtual town hall Wednesday hosted by the Obama Foundation's My Brothers Keepers Alliance.
Why it matters: Obama has addressed the killing of George Floyd and the nationwide protests that followed on social media and in a Medium post, but this was his first time speaking about the past week's events on camera. His voice will add weight to the growing pressure on local, state and federal officials to pursue policing reforms.
Mattis on Fox in Septemnber 2019 in New York City. Photo: Steven Ferdman/Getty Images
Former Secretary of Defense James Mattis condemned President Trump for making a "mockery of our Constitution" in a statement to The Atlantic on Wednesday, saying he was "appalled" at the president's response to mass protests in the wake of George Floyd's killing.
Why it matters: Trump’s former defense secretary had refrained from publicly criticizing his former boss since resigning in 2018.