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Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
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China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
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Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
Billionaire investor Carl Icahn says he hasn't spoken with President Donald Trump for months.
In a letter published Tuesday in The Washington Post, Icahn said he was concerned about the newspaper's characterization of his relationship with the president in a recent article.
"The article seemed to imply that I've been speaking regularly with the president," he said. "I'd like to set the record straight: Neither I nor anyone in my office has spoken with the president or any high-level member of the Trump administration, including Environmental Protection Agency Administrator Scott Pruitt, regarding government business since August. "
Icahn resigned from his post as special advisor on regulation to Trump last year, ahead of a critical New Yorker magazine article describing his potential conflicts of interest.
In the letter to the editor, Icahn reiterated that his White House departure stemmed from his distaste for partisan backbiting.
"While I agree with many of the things his administration has done, I do disagree with others," Icahn wrote. "I simply found the constant drumbeat of vitriol and rhetoric in Washington — on both sides of the aisle — to be distasteful and a distraction from my busy schedule."
"Washington is not for me," Icahn added.