Trump Today: President praises Haley and says second North Korea summit being set up
President Donald Trump accepted the resignation of U.S. ambassador to the United Nations Nikki Haley on Tuesday, as he was expected to announce allowing more ethanol in gasoline and said he was weighing locations for a second North Korea summit.
HALEYâS RESIGNATION ACCEPTED
Trump called Haley a âfantastic personâ whoâd done an âincredible jobâ as the U.S.âs representative to the world body, and told reporters: âShe got to know China, Russia, India. She knows everybody on a first-name basis, and they like her, except maybe a couple, which is normal. They canât all like you, but they do.â Haley will stay in her job through the end of the year, Trump said.See Also
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Also see: Nikki Haleyâs 2-year stint as Trumpâs U.N. ambassador not unusual for a job thatâs often been a revolving door.
Trump also said that he is preparing for a second summit with North Korean leader Kim Jong Un, and that three or four different locations are under consideration. âI like him. He likes me,â he said about Kim. Trumpâs comments came a day after Secretary of State Mike Pompeo said he and Kim made âsignificant progressâ toward an agreement for Pyongyang to give up its nuclear weapons.
ETHANOL PLAN TO BE UNVEILED
Trump is moving to allow the year-round sale of gasoline containing a higher percentage of ethanol. The Wall Street Journal, citing a senior White House official, wrote that Trump has endorsed pushing the maximum to 15% and views it as a way to help farmers and expand biofuels. He is set to make the announcement before leaving for a political rally in Iowa, the leading corn- and ethanol-producing state.
Trump also plugged his deal to replace the North American Free Trade Agreement in tw eeting that heâd be going to Iowa for a rally. âThe Farmers (and all) are very happy with USMCA!â he tweeted, referring to the United States-Mexico-Canada agreement.
Also read: Whatâs new, and whatâs not, in Trumpâs Nafta do-over with Canada.
EMERGENCY DECLARATION FOR HURRICANE
Trump declared that an emergency exists in Florida, in advance of Hurricane Michael making landfall in the stateâs panhandle. The declaration authorizes federal assistance for emergency measures.
Oil futures CLX8, +0.77% rose Tuesday as market participants eyed any risks to energy infrastructure as the storm headed for the Gulf of Mexico.
See: Oil boosted by signs Iran crude exports falling, Hurricane Michael threat.
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