News Wrap: Trump says he might delay China trade deal until after 2020 election

News Wrap: Trump says he might delay China trade deal until after 2020 election


In the day’s other news: President Trump’s
first day at the NATO summit was marked by a clash with French President Emmanuel Macron. He criticized Macron for saying that the alliance
suffers from — quote — “brain death.” But the French leader stood by his criticism. We will have a detailed report after the news
summary. As he made his rounds in London, the president
lost a round in his legal fight to keep his banking records from Congress. A federal appeals court in New York directed
Deutsche Bank and Capital One to comply with subpoenas from House committees. They’re investigating Mr. Trump’s business
dealings. The White House said that it may appeal to
the U.S. Supreme Court. The president roiled financial markets today
when he suggested delaying a trade agreement with China until after the 2020 election. New tariffs on Chinese imports could take
effect December 15, but Mr. Trump said there is no deadline for making a deal. DONALD TRUMP, President of the United States:
I think, in some ways, it’s better to wait until after the election with China. But I’m not going to say that. I just think that. I’ll just tell you, in some ways, I like the
idea of waiting until after the election for the China deal. But they want to make the deal now. And we will see whether or not the deal is
going to be right. It’s got to be right. JUDY WOODRUFF: The president’s remarks sent
Wall Street into a day-long dive. In the end, the Dow Jones industrial average
lost 280 points to close at 27502. The Nasdaq fell 47 points, and the S&P 500
gave up 20. California Senator Kamala Harris dropped out
of the 2020 Democratic presidential race today. She said her campaign lacks the money to go
on. Harris was an early standout in the crowded
field, but has since faded. We will take a closer look later in the program. In Iran, the government acknowledged, for
the first time, that security forces shot and killed demonstrators in a crackdown on
protests over gas prices. State TV described the protesters as rioters. Amnesty International had said that at least
208 people were killed in a crackdown. but Tehran rejected that figure today. GHOLAMHOSSEIN ESMAILI, Spokesman, Iranian
Judiciary (through translator): I bluntly say that numbers and figures given by hostile
groups about deaths in the protests are sheer lies. Real statistics are seriously different from
what they announce, and numbers are far less than what they claim. JUDY WOODRUFF: President Trump said today
that Iran is killing thousands of people, and he added — quote — “I think the world
has to be watching.” A new wave of anti-government protests flared
across Southern Iraq today. Thousands of college students filled streets
in Basra to demand government reforms. Some carried mock coffins representing more
than 400 protesters killed by security forces since October 1. In this country, Republican Congressman Duncan
Hunter formally admitted diverting campaign funds for personal use. He pled guilty today in federal court in San
Diego. He now faces five years in prison. The six-term California lawmaker will also
resign from Congress. The U.S. Supreme Court heard arguments today
in a high-stakes environmental case on Superfund sites. It involves a former copper smelter site in
Montana. Local landowners want a more extensive cleanup
of arsenic contamination than federal rules call for. Atlantic Richfield, which is the site’s owner,
argues that the federal regulations take precedent. And back in London, Prince Andrew faced allegations
that he once had sex with a 17-year-old American. And President Trump faced questions about
it. The accuser, who’s now 35, said that Jeffrey
Epstein trafficked her. Mr. Trump offered no opinion the case and
said that he did not know Andrew. Photos like this one from June do show them
at several events together over the years. The prince has denied any wrongdoing. Still to come on the “NewsHour”: on the ground
for the NATO summit, as the alliance faces new challenges; bowing out — Senator Kamala
Harris ends her run for the presidency; plus, on the “NewsHour” Bookshelf, “Supreme Ambition:
Brett Kavanaugh and the Conservative Takeover.”

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