Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday morning following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
The Trump administration approved the transfer of nuclear energy information to Saudi Arabia on two occasions after the slaying of Saudi dissident Jamal Khashoggi by agents of the kingdom, according to Senate Democrats.
The administration granted the first approval in question Oct. 18, 2018, 16 days after the killing of The Washington Post columnist and Virginia resident at the Saudi Consulate in Istanbul. The second authorization was granted Feb. 18, 2019, three months after the CIA reportedly concluded that Saudi Crown Prince Mohammed bin Salman ordered Khashoggi's death.
"The alarming realization that the Trump Administration signed off on sharing our nuclear know-how with the Saudi regime after it brutally murdered an American resident adds to a disturbing pattern of behavior," Sen. Tim Kaine, D-Va., said in a press release.
The information, first shared by Kaine in the press release, came from documents provided by the Department of Energy to the Senate Foreign Relations Committee. Sen. James Risch, R-Idaho, the committee's chairman, sought information about seven so-called Part 810 authorizations granted to U.S. firms to share nuclear energy information with Saudi Arabia beginning on Dec. 13, 2017.
In particular, congressional Democrats and Republicans alike wanted to know whether the administration continued to grant Part 810 authorizations for information sharing with Saudi Arabia after Khashoggi's slaying.
The Department of Energy, which approves Part 810 authorizations along with the State Department, did not immediately return a request for comment. A foreign relations aide for Risch could not immediately be reached to confirm the contents of the letter.
A spokesperson for Sen. Robert Menendez, a New Jersey Democrat and the ranking member of the Foreign Relations Committee, confirmed the dates disclosed by Kaine.
"This adds to my existing worries about the Administration's willingness to give Saudi Arabia a free pass, especially after its brutal murder of Jamal Khashogghi," Menendez said in an email to CNBC. "The fact that we now know two of these transactions took place after the murder makes clear that the Administration is willing to support the Saudis with impunity."
The issue of U.S.-Saudi nuclear energy cooperation has become a flash point in the broader conflict between the White House and Capitol Hill over U.S. relations with Saudi Arabia. Members of Congress have questioned whether the kingdom should be trusted with U.S. nuclear energy technology in light of the CIA conclusion that Crown Prince Mohammed played a part in Khashoggi's murder, an assessment the Saudis deny.
Saudi Arabia is reviewing bids by firms from several countries to build nuclear reactors in the kingdom. The Trump administration wants American companies to win the work, and the authorizations give U.S. firms the ability to share information as they make their pitches to the Saudis. The administration is trying to thwart efforts by China and Russia to export nuclear reactors to Saudi Arabia and other nations.
Yet the Trump administration's support for Saudi Arabia goes beyond nuclear energy export policy. Riyadh has emerged as one of the Trump administration's top allies, particularly as Washington aims to crack down on Iran, Saudi Arabia's chief Middle East rival.
Kaine is part of a group of bipartisan senators who introduced legislation in April that would give Congress greater oversight of the executive branch's power to allow companies to engage in nuclear energy cooperation with foreign countries.
Kaine on Tuesday called out the Trump administration for "citing a bogus emergency to bypass a Congressional block on arms sales to the Saudis, continuing support for the disastrous war in Yemen over Congressional objections, turning a blind eye to the regime's detention of women's rights activists, and refusing to comply with the Global Magnitsky Act to reach a determination about the Saudi government's responsibility for the murder of Jamal Khashoggi."
The White House did not respond to a request for comment.