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Trump directing aides to proceed with tariffs on $200 billion more of Chinese products

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U.S. President Donald Trump has instructed aides to proceed with tariffs on about $200 billion more of Chinese products, a source familiar with the process said on Friday, adding that the timing is not yet clear.

An earlier Bloomberg report on Friday that Trump was moving ahead on the tariffs despite Treasury Secretary Steven Mnuchin’s attempts to restart talks with China on resolving the trade war had an immediate effect on financial markets, leading U.S. stocks to reverse course and trade lower.

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The step comes one week after Trump raised the possibility of duties on the $200 billion of imports and also threatened tariffs on another $267 billion worth of goods. Trump has already levied duties on $50 billion worth of Chinese goods.

The United States only imported $505 billion in goods imported from China last year. But 2018 imports from China through July were up nearly 9 percent over the same period of 2017, according to U.S. Census Bureau data.

Reporting by Lisa Lambert and Jeff Mason; Editing by Chizu Nomiyama and Phil Berlowitz

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Rick Perry quickly gets stumped after claiming House impeachment inquiry is breaking the law

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Speaking on the Fox Business Network this Wednesday morning, outgoing Energy Secretary Rick Perry tried to dispel speculation that his coming resignation is due to his alleged involvement in the Ukraine fiasco enveloping the White House, saying that he had been planning to resign for "eight or nine months."

Perry jumped right into the subject of the impeachment inquiry targeting President Trump and the fact that his former department will not comply with a House subpoena for documents.

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Michael Cohen might have some valuable dirt on Giuliani associate Lev Parnas: report

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Much of Vanity Fair journalist Emily Jane Fox’s reporting on Michael Cohen, President Donald Trump’s former personal attorney and fixer, has focused heavily on Trump-related scandals that included hush money payments to women Trump allegedly had extramarital affairs with and Russian interference in the 2016 presidential election. But since Cohen’s incarceration, another Trump-related scandal has come about: Ukrainegate. And Fox, in an article published by Vanity Fair on October 22, describes the ways in which Cohen could possibly help shed some light on Trump and former New York City Mayor Rudy Giuliani’s Ukraine-related activities.

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‘Beyond parody’: Matt Gaetz and dozens of his GOP colleagues try to barge into secret hearing in latest anti-impeachment stunt

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On Wednesday, a group of right-wing representatives led by Rep. Matt Gaetz (R-FL) tried to storm into a secure facility for classified information being used as part of the impeachment proceedings, demanding to be informed of the process.

They are almost certain to be ejected because they are not members of the committees reviewing the evidence.

Reporters reacted with astonishment at the stunt:

More than two dozen House conservatives rail on Schiff and the process outside the closed impeachment proceedings, and have now entered the SCIF - and they are bound to be kicked out bc they don’t serve on the three committees conducting the probe. It is being led by Matt Gaetz

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