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Where the U.S.-Japan trade deal falls short of Trans-Pacific pact abandoned by Trump

WASHINGTON (Reuters) - U.S. President Donald Trump has called his new trade deal with Japan a “phenomenal” victory for U.S. farmers. U.S. President Donald Trump speaks at a formal signing ceremony for the U.S.-Japan Trade Agreement at the White House in Washington, October 7, 2019. REUTERS/Kevin LamarqueBut don’t expect America’s Land O’Lakes butter to knock New Zealand’s Anchor or France’s President brands off store shelves in Japan, the world’s third largest economy. Butter is one of several U.S. dairy products that will not get improved access to Japan’s 127 million consumers under the limited bilateral trade deal signed by Trump and Japanese Prime Minister Shinzo Abe on…

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Trump threatens Turkey with ‘extremely decimated economy’ over Syria

WASHINGTON/ISTANBUL (Reuters) - President Donald Trump on Monday launched a harsh attack on NATO ally Turkey, threatening to destroy its economy if Ankara takes a planned military strike in Syria too far even though the U.S. leader himself has opened the door for a Turkish incursion. Trump said he would “totally destroy and obliterate” Turkey’s economy if it took action in Syria that he considered “off-limits” following his decision on Sunday to pull out U.S. forces from northeastern Syria. The U.S. withdrawal will leave Kurdish-led forces in Syria that have long allied with Washington vulnerable to a planned incursion by the Turkish military which brands them terrorists.…

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Southwest pilots sue Boeing for misleading them on 737 MAX

CHICAGO (Reuters) - The Southwest Airlines Pilots Association (SWAPA) said on Monday it had filed a lawsuit against Boeing Co alleging that the planemaker “deliberately misled” the airline and pilots about its 737 MAX aircraft. FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File PhotoThe grounding of the 737 MAX in March has wiped out more than 30,000 Southwest Airlines flights, causing over $100 million in lost wages for pilots, the union said. Southwest is the largest operator of the MAX with 34 jetliners in its fleet when…

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Judge’s order releasing Trump’s tax returns and blasting ‘repugnant’ immunity claim put on hold

NEW YORK (Reuters) - A federal judge on Monday said eight years of U.S. President Donald Trump’s tax returns must be provided to Manhattan prosecutors, forcefully rejecting the president’s argument that he was immune from criminal investigations. Trump’s returns will not be turned over immediately, after the 2nd U.S. Circuit Court of Appeals in Manhattan granted the president’s request to temporarily block the order, handed down by U.S. District Judge Victor Marrero. The Manhattan judge had called the immunity claim “repugnant to the nation’s governmental structure and constitutional values,” and said he could not “square a vision of presidential immunity that would place the President above the…

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Turkish Defense Ministry says preparations complete for Syria offensive

ISTANBUL (Reuters) - All preparations for a possible military operation into northeastern Syria are completed, the Turkish Defense Ministry said in a Twitter post late on Monday. Establishment of a safe zone is essential to contribute to stability and peace of the region and for Syrians to live in safety, the Defense Ministry also said. Writing by Ezgi Erkoyun; Editing by Leslie AdlerOur Standards:The Thomson Reuters Trust Principles.

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Facebook the focus of U.S. Justice Department and state AGs meeting

WASHINGTON (Reuters) - U.S. state attorneys general investigating Facebook Inc (FB.O) for alleged anti-competitive practices met on Monday with officials of the Justice Department and the Federal Trade Commission, New York Attorney General Letitia James said in a statement. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File PhotoThe group met with U.S. Attorney General William Barr to discuss the Facebook probe, as well as with Deputy Attorney General Jeffrey Rosen and Makan Delrahim, who heads the department’s Antitrust Division, two sources said. “Today, we held bipartisan conversations with attorneys general…

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Democrats subpoena Pentagon, White House budget office in impeachment probe

WASHINGTON (Reuters) - Congressional Democrats issued subpoenas to the Pentagon and the White House budget office on Monday as part of their impeachment inquiry, seeking documents related to U.S. President Donald Trump’s decision to withhold military assistance from Ukraine. The subpoenas follow a whistleblower’s allegations that Trump leveraged $400 million in aid to secure a promise from Ukrainian President Volodymyr Zelenskiy to investigate political rival Joe Biden, and his son Hunter, who sat on the board of a Ukrainian energy company. The taxpayer funds had been approved by Congress to help Ukraine protect against Russian aggression. “The committees are investigating the extent to which President Trump jeopardized…

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Jeffrey Katzenberg’s Mobile Start-Up, Quibi, Makes a Deal With ESPN

LOS ANGELES — Quibi’s latest partner is ESPN.The sports network, part of the Walt Disney Company, has agreed to join the likes of NBC News in providing content for the soon-to-launch short-form video platform from Jeffrey Katzenberg, a onetime chairman of Walt Disney Studios and a founder of DreamWorks.ESPN’s contribution, a daily sports highlights show, is expected to air on Quibi at the platform’s scheduled launch in April. The show will be part of Quibi’s Daily Essentials, programming that Mr. Katzenberg and his team are betting will be the kind of thing young viewers will want to watch on their phones.“Daily Essentials is setting out to take…

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Trump economic adviser says delisting Chinese firms ‘not on the table’

FILE PHOTO: White House chief economic adviser Larry Kudlow talks with reporters on the driveway outside the West Wing of the White House in Washington, U.S. August 2, 2019. REUTERS/Carlos Barria/File PhotoWASHINGTON (Reuters) - U.S. President Donald Trump’s chief economic adviser on Monday said the administration had begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges “is not on the table.” “The delisting is not on the table. I don’t know where that came from,” Larry Kudlow told reporters.     “What we’re looking at, actually, is investor protection, U.S. investor protections ... transparency and compliance with a number of laws,”…

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U.S.-China deputy-level trade talks get underway in tense atmosphere

WASHINGTON (Reuters) - U.S. and Chinese deputy trade negotiators launched a new round of talks on Monday aimed at resolving the two nations’ 15-month trade war, with neither side showing any signs of giving ground. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly SongAbout 30 Chinese officials, led by Vice Finance Minister Liao Min, entered the U.S. Trade Representative’s office on Monday morning for two days of negotiations, to be followed by the first minister-level trade talks in more than two months. The White House officially confirmed that…

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