China seeks no trade war but warns U S bears brunt if it breaks out
Premier Li Keqiang said China does not want a trade war with the United States but warned that if one occurs, American companies would bear the brunt. He expressed optimism about ties and urged dialogue to narrow differences as talks with U S leaders were anticipated. The remarks followed reports of a possible Xi-Trump meeting and Tillerson's upcoming visit to Beijing.
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Russian spies indicted over Yahoo data breach and money motive
Prosecutors say two FSB officers and hackers orchestrated a massive data theft affecting over 500 million Yahoo accounts. They allegedly sought intelligence while the hackers mined emails for gift cards and credit card numbers and run a spam operation and a compromised search engine to route users to a paying online pharmacy. The case marks a rare federal indictment against Russian security officials for a major U S corporate breach, with a Canadian arrest noted.
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Trump budget plan seeks deep foreign aid and EPA cuts
A forthcoming fiscal 2018 blueprint outlines 28 percent cuts to the State Department, a 10 percent defense spending increase, and a 6 percent rise for homeland security to fund a larger military. It also proposes eliminating funding for public broadcasting and reducing EPA resources, with Congress facing resistance despite GOP control. It includes border wall funding and phased-out public broadcasting support.
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Hawaii judge halts Trump travel ban before it takes effect
Federal Judge Derrick Watson in Hawaii temporarily blocks the revised travel ban targeting six Muslim majority nations. The ruling cites potential irreparable harm to Hawaii’s Muslim population tourism and universities while noting the judge’s assessment of likely success on the merits. Trump vows to appeal and widen the battle.
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