U.S. President Donald Trump continues his trip throughout Asia Wednesday where he’s set to meet with South Korean President Lee Jae Myung in Gyeongju, a historic city playing host to this year’s Asia-Pacific
Economic Cooperation summit.
After a charm offensive during Trump’s visit to Japan that culminated in $490 billion in investment commitments, a trade deal between the U.S. and South Korea appears more elusive as Trump seeks $350 billion in investment in the U.S.
Trump’s visit comes as North Korea said Wednesday it fired sea-to-surface cruise missiles into its western waters, in another display of its growing military capabilities.
Here's the latest:
Trump’s musings about a potential third-term bid for the White House have run up against at least one obstacle: House Speaker Mike Johnson.
Johnson, the Republican leader who has built his career by drawing closer to Trump, said they have discussed the issue, but the speaker held the line against a Constitution-bending third term.
“I don’t see a path for that,” Johnson said Tuesday at his daily press conference at the Capitol.
The speaker described how the Constitution’s 22nd Amendment does not allow for a third presidential term and changing that, with a new amendment, would be a cumbersome, decade-long process to win over states and votes in Congress.
The speaker’s remarks come as Trump, just 10 months in office in his second term, is testing the powers of the presidency in new and often jarring ways — and repeatedly has raised the idea of trying to stay in power at the White House.
▶ Read more about Trump’s comments here
A federal judge in San Francisco has indefinitely blocked the Trump administration from firing federal workers during the government shutdown.
U.S. District Judge Susan Illston on Tuesday granted a preliminary injunction that bars the firings while a lawsuit challenging them plays out. She had previously issued a temporary restraining order against the job cuts that was set to expire Wednesday. Illston, who was nominated by Democratic President Bill Clinton, has said she believes the evidence will ultimately show the mass firings were illegal and in excess of authority.
The Republican administration has been slashing jobs in education, health and other areas it says are favored by Democrats. Lawyers for the government argued personnel issues should be heard in a separate venue.
North Korea said Wednesday it has fired sea-to-surface cruise missiles into its western waters, in another display of its growing military capabilities as Trump travels to South Korea for a regional summit.
North Korea’s official Korean Central News Agency described Tuesday’s test as a success and claimed that the weapons would contribute to expanding the operational sphere of the country’s nuclear-armed military.
South Korea’s military didn’t immediately confirm whether it had detected the tests.
The North Korean report came hours before an expected summit between Trump and South Korean President Lee Jae Myung in the city of Gyeongju, where South Korea is hosting this year’s Asia-Pacific Economic Cooperation meetings.
Nvidia has been shut out of the Chinese market, and has taken China out of its quarterly forecast, CEO Jensen Huang said Tuesday in Washington, D.C.
“We are currently completely shut out of China,” Huang said. “Our market share has gone from 95% to 0%, which is very, very, very disappointing.”
Earlier this year, Huang had persuaded the U.S. government to allow Nvidia to sell its H20 chips to China, but Beijing reportedly banned the AI chips in September due to alleged security concerns.
Washington does not allow the sale of the most advanced American chips to China, while China has vowed to achieve self sufficiency in semiconductor production to power its tech race with the United States.
