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Finance

Trump scraps trade benefits for Cameroon over rights abuses

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said he would end Cameroon’s preferential trade benefits from Jan. 1, citing what he called the African country’s “persistent gross violations of internationally recognized human rights.” In a letter to the U.S. Congress, Trump said Cameroon had failed to address U.S. concerns regarding extrajudicial killings, torture …

Finance

Exclusive: U.S. withholding $105 million in security aid for Lebanon – sources

WASHINGTON (Reuters) – U.S. President Donald Trump’s administration is withholding $105 million in security aid for Lebanon, two U.S. officials said on Thursday, two days after the resignation of Lebanese Prime Minister Saad al-Hariri. The State Department told Congress on Thursday that the White House budget office and National Security Council had decided to withhold …

Finance

U.S. envoy for North Korea Biegun tapped for No. 2 job at State Department: White House

WASHINGTON (Reuters) – President Donald Trump plans to nominate U.S. Special Representative for North Korea Stephen Biegun to become the next deputy secretary of state, the White House said on Thursday. A U.S. official said Biegun would retain his responsibilities for diplomacy with North Korea. Biegun would replace John Sullivan as the State Department’s No. …