Trump Today: President says second North Korea summit being set up as he weighs Nikki Haley's replacement

Posted by On 1:59 PM

Trump Today: President says second North Korea summit being set up as he weighs Nikki Haley's replacement

President Donald Trump speaks as Nikki Haley, the outgoing U.S. ambassador to the United Nations, looks on in the Oval Office of the White House on Tuesday.

President Donald Trump accepted the resignation of U.S. ambassador to the United Nations Nikki Haley on Tuesday, as he said he was weighing locations for a second North Korea summit and declared an emergency in Florida with Hurricane Michael expected to hit.

HALEY’S RESIGNATION ACCEPTED

Trump called Haley a “fantastic person” who’d done an “incredible job” as the U.S.’s representative to the world body, and told reporters: “She 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 can’t all like you, but they do.” Haley will stay in her job through the end of the year, Trump said. He told reporters he’d consider Dina Powell, a former deputy national security adviser, for the job, and shot down speculation he’d consider his daughter Ivanka for the post.

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Also see: Nikki Haley’s 2-year stint as Trump’s U.N. ambassador not unusual for a job that’s 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. “I like him. He likes me,” he said about Kim. Trump’s comments came a day after Secretary of State Mike Pompeo said he and Kim made “significant progress” toward an agreement for Pyongyang to give up its nuclear weapons.

LATEST FED CRITICISM

In his latest criticism of the Federal Reserve, Trump said he doesn’t like the central bank’s decision to keep raising interest rates. “I think we don’t have to go as fast,” the president said, adding he doesn’t believe there is a problem with inflation. The Fed has raised interest rates three times in 2018 and is forecasting more increases to come. In August, Trump said he expected “more help” from the Fed.

Also see: Fed Chairman Powell says that when it comes to this economy, ‘everything’ keeps him up at night.

EMERGENCY DECLARATION FOR HURRICANE

Trump declared that an emergency exists in Florida, in advance of Hurricane Michael making landfall in the state’s panhandle. The declaration authorizes federal assistance for emergency measures.

Oil futures CLX8, +0.59% 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.

ETHANOL PLAN

Republican senators said Trump followed through with plans to lift a ban on summer sales of a higher-ethanol blend of gasoline. The president “is doing something for agriculture, doing something for the ethanol workers in Iowa and doing something for the environment,” said Iowa Sen. Chuck Grassley, a Republican.

Trump also plugged his deal to replace the North American Free Trade Agreement in tweeting that he’d be going to Iowa for an evening rally. “The Farmers (and all) are very happy with USMCA!” he tweeted, referring to the United States-Mexico-Canada agreement.

Also read: Here’s what Trump’s ethanol plan means for farmers, refiners and motorists.

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Source: Google News North Korea | Netizen 24 North Korea

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