Through the bill, natural gas pipeline developers can pay a $10 million fee for expedited permitting, and applicants for a potential liquefied natural gas export site can pay a $1 million fee to be deemed in the “public interest,” circumventing what is usually a regulatory challenge.
She said Trump seems to believe that negotiations operate by going to a “threat point” that could risk self-harm to the U.S. just to demonstrate how serious he is, in hopes that doing so would produce an agreement.But Lovely said that in the long-run Trump’s approach “suggests that the U.S. is an unreliable trading partner, that it operates on whim, not on rule of law.”
Trump has run hot and cold on his relationship with Apple, a sign that currying favor with him might not necessarily shield a company from his anger. He has essentially told companies such as Walmart to “eat” the costs of his tariffs instead of raising prices, even though doing so could squeeze profits and cause layoffs. He now appears to deploying a similar degree of pressure to force Apple to accept the higher costs of relocating its supply chains.Trump had previously created an exemption on electronics imported from China to help companies such as Apple, something he could now remove. He also threatened separate 25% import taxes on computer chips and could have the tariffs schedule rewritten in ways that could expose Apple products to the taxes.Until recently, the U.S. president repeatedly bragged about the $500 billion that Apple in February pledged to invest domestically as part of its development of artificial intelligence technologies. But he publicly turned against the company last week while speaking in Qatar.
“I had a little problem with Tim Cook yesterday,” Trump told the audience. “I said to him: ‘Tim, you’re my friend. I treated you very good. You’re coming here with $500 billion, but now I hear you’re building all over India. I don’t want you building in India.’”Analysts have been skeptical that Apple could quickly shift device manufacturing to the U.S., mainly because it has spent decades embedding complex supply chains in China to feed the factories. But it also has the challenge of grappling with “the unpredictable nature of the current U.S. administration,” said Ben Wood, chief analyst at U.K.-based research firm CCS Insight.
“At any moment, things can change overnight, making it extremely difficult for companies such as Apple to plan their business,” Wood said. “It seems that despite the best efforts of the Apple leadership team to lobby the U.S. administration to treat the iPhone more favorably, a curveball can come out of nowhere and derail any plans they have in place.”
AP writers Paul Wiseman, David McHugh in Frankfurt, Germany, Geir Moulson in Berlin and Kelvin Chan in London contributed to this report.ATLANTA (AP) — San Diego right-hander Michael King, who was
, was placed on the 15-day injured list on Sunday with right shoulder inflammation.The Padres said Saturday that King had stiffness after sleeping on the shoulder. The team announced the inflammation on Sunday and said the right-hander would be sidelined for at least two weeks.
The Padres recalled right-hander David Morgan from Triple-A El Paso before Sunday’s game at Atlanta.The Padres did not say how King’s spot in the rotation would be filled. Morgan has worked only in relief at El Paso, posting a 6.91 ERA in 14 games.