The European Commission has issued a statement condemning President Donald Trump’s travel ban to 26 European countries, announced last night in a widely criticized speech.
“The Corona virus is a global crisis, not limited to any continent and it requires cooperation rather than unilateral action,” the statement said. “The European Union disapproves of the fact that the U.S. decision to impose a travel ban was taken unilaterally and without consultation.”
Countries excluded from the ban include the UK, the Republic of Ireland, Croatia, Cyprus, Romania, and Bulgaria.
It does not apply to legal permanent residents of the U.S., according to the Department of Homeland Security, and most of their family members.
The ban is set to start this Friday evening and last for 30 days. Over the same period, Congress will close the U.S. Capitol to the public, and the White House has canceled tours.
Trump’s speech came in the wake of the World Health Organization’s long-anticipated designation of the coronavirus as a pandemic.
There have been a total of 1,215 cases and 36 deaths reported in the U.S., according to the CDC.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
