Home Economy Trump Today: President says U.N. sanctions on North Korea don’t go far enough, brings back ‘fake news’ jibe

Trump Today: President says U.N. sanctions on North Korea don’t go far enough, brings back ‘fake news’ jibe

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         Trump Today: President says U.N. sanctions on North Korea don’t go far enough, brings back ‘fake news’ jibe

President Donald Trump on Tuesday met with Malaysia’s prime minister, and downplayed the impact of a United Nations vote against North Korea ahead of a meeting with a bipartisan group of senators on tax reform.

SCANDAL-WRACKED MALAYSIAN LEADER VISITS

Prime Minister Najib Razak visited Trump with a pledge to increase U.S. investments — including in stocks. Trump thanked Najib both for the investments, which includes buying Boeing aircraft, as well as the fight against terrorism. Neither publicly discussed the Justice Department investigation into Najib’s role in the alleged looting of the 1MDB sovereign wealth fund.

Alongside Najib, Trump said he discussed with Secretary of State Rex Tillerson the 15-0 vote at the United Nations to impose new sanctions on North Korea. “Rex and I were just discussing — not big. I don’t know if it has any impact, but certainly it was nice to get a 15-to-nothing vote,” Trump said. “But those sanctions are nothing compared to what ultimately will have to happen.”

Read: This is what will happen to the global economy if war with North Korea erupts


         Trump Today: President says U.N. sanctions on North Korea don’t go far enough, brings back ‘fake news’ jibe

‘FAKE NEWS’ RETURNS AFTER A LONG HIATUS

Trump tweeted an old standby on Tuesday after a two-week lull. “Fascinating to watch people writing books and major articles about me and yet they know nothing about me & have zero access. #FAKE NEWS!” Trump tweeted.

Trump could be referring to two books, one by Katy Tur and another by his election rival, Hillary Clinton.

Tur, an NBC reporter who covered the president on the campaign trail, discussed an incident where she received an unwanted kiss from Trump before he appeared on MSNBC’s “Morning Joe.” “Before I know what’s happening, his hands are on my shoulders and his lips are on my cheek,” Tur writes. “My eyes widen. My body freezes. My heart stops.”

On Clinton’s book, White House press secretary Sarah Huckabee Sanders said Trump was “pretty well versed on what happened,” a play on the title of the former secretary of state’s book.

Read: Hillary Clinton is ‘convinced’ Trump’s team colluded with Russia

TAX DISCUSSION OVER DINNER

Three Democrats — Sens. Joe Donnelly, Heidi Heitkamp and Joe Manchin — and three Republicans — Sens. Orrin Hatch, John Thune and Pat Toomey — are invited to the White House for a dinner to discuss tax reform.

“He wants to continue building unity by working on more issues supported by both parties, especially restoring fairness to our broken tax code and cutting taxes for hard-working Americans,” Sanders said. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn both met with Capitol Hill officials to discuss the issue, she said.

Mnuchin told a group of hedge-fund pros that the administration was in favor of getting rid of the carried-interest deduction as he said it would be difficult to achieve a 15% corporate tax rate.

Read: Trump, Congress mull 23% corporate tax rate

Read: Mnuchin says hedge funds will lose carried-interest loophole in tax overhaul

GRANDFATHER AGAIN

Eric Trump and his wife, Lara, had their first son, who they also named Eric. The president congratulated his son on Twitter over the birth of his ninth grandchild.

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