Putin claims new weapons not likely to shift global power
Putin announces a suite of weapons including a nuclear powered cruise missile and an underwater drone. Analysts say the comments are unlikely to alter U S and Russian strategic postures or derail the Trump administration from expanding U S nuclear forces and defenses. White House officials underscore Russia has long denied destabilizing weapons programs.
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President Trump adrift amid West Wing exits and probes
Rattled by two weeks of mixed messages and departures, President Trump faces a shrinking circle of aides as Hope Hicks exits heighten West Wing tensions. Special counsel Mueller probes his pre office and in office actions with Kushner's access limited, while Ivanka remains near the presidency.
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Stocks dive as Trump pledges steel tariffs amid market rout
U S stocks slumped after President Trump promised broad tariffs on imported steel and aluminum. The S&P 500 fell about 3 percent to 2677.87, the Dow dropped 420.22 points to 24608.98, and the Nasdaq declined 92.45 to 7180.58 as investors priced in protectionist policy risks and global retaliation. President Trump’s stance sparked a flight to safety with bonds rallying and yields easing while steelmakers rose on tariff news and users of steel faced price pressures.
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