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US heading towards a ‘massive trade war’ because of Trump’s ‘absurd’ policy

The United States is heading to a “massive trade war” because President  Donald Trump “doesn’t know what he’s doing,” said former Reagan budget director David Stockman. “We have an absurd policy dangerous, stupid. The worst that I’ve seen since my whole career started in 1970 under Nixon, and he did some crazy things,” Stockman said Tuesday. He believes it will get "out of hand" because the global trade system is so complex that "no one knows all the ins and outs." “You can’t stop it once it gets…

South Korea to play ‘mediator’ to resolve North Korea-U.S. summit doubts

SEOUL: South Korea is seeking to mediate to bridge the gap between the United States and North Korea as they appear to have “some kind of different instances” ahead of a planned summit, an official at South Korea’s presidential Blue House said on Thursday. The comments come after Pyongyang on Wednesday threatened to pull out of the June 12 summit in Singapore with U.S. President Donald Trump, saying it might not attend if Washington continues to demand it unilaterally abandon its nuclear arsenal. The Blue House…