Trump Erupts on Reporters, Claims Obama Built ‘Cages’ For Migrants: ‘Obama Separated the Children!’

Speaking with reporters in the Oval Office, President Donald Trump repeatedly stated migrants who were caught crossing the border were put in “cages” and separated from their families when Barack Obama was president.

“Obama separated the children, by the way. Just so you understand, President Obama separated the children,” Trump said.

“Those cages that were shown, I think they were very inappropriate. They were built by President Obama’s administration, not by Trump. President Obama had child separation. Take a look, the press knows it, you know it, we all know it,” he continued. “I didn’t have —I’m the one that stopped it. President Obama had child separation. Now, I’ll tell you something. Once you don’t have it, that’s why you see many more people coming. They’re coming like it’s a picnic, because let’s go to Disneyland.”

“President Obama separated children. They had child separation. I was the one that changed it, okay? Thank you very much. Thank you,” Trump added.

Trump also maintained he never said he was “cleaning house” at the Department of Homeland Security after the announcement of the resignation Homeland Security Secretary Kirstjen Nielsen.

[Mediaite]

Media

Stock Market Falls as Trump threatens tariffs on $11 billion of EU goods

U.S. stocks closed lower Tuesday, with the S&P 500 snapping its eight-day winning streak, on fears over escalation of trade tensions with the European Union and a weaker global outlook from the International Monetary Fund.

How did the benchmarks fare?

The Dow Jones Industrial Average DJIA, -0.72%  dropped 190.44 points, or 0.7%, to close at 26,150.58, while the S&P 500 index SPX, -0.61% fell 17.57 points. or 0.6%, to 2,878.20. The Nasdaq Composite Index COMP, -0.56% declined 44.61 points, or 0.6%, to 7,909.28.

What drove the market?

The office of the U.S. Trade Representative threatened to levy tariffs on many European goods late Monday. The threat is a retaliation against European companies’ subsidies for aircraft manufacturer Airbus SE EADSY, -1.82% If the U.S. follows through, the proposed tariffs would affect about $11 billion in imports to the U.S., including helicopters, bicycles, cheese and wine.

Lighthizer said the Trump administration would wait for World Trade Organization clearance to implement the duties. President Donald Trump Tuesday morning tweeted that the EU has taken advantage of the U.S., adding that it would “soon stop!”:

The U.S.-EU tensions comes with the administration reportedly close to resolving a yearlong spat with China, which has roiled markets amid fears the clash between the world’s largest economies could disrupt global economic growth.

The IMF lowered the outlook for global economic growth in 2019 to 3.3% from 3.5% projected in January, marking its third reduction of growth expectations in six months. The decline has been broadly felt, with all advanced economies, including the U.S., and most major emerging-market economies seeing deterioration in their outlook.

Meanwhile, data pointed to a tightening of the U.S. labor market. The number of job openings in the U.S. fell by 538,000 to 7.1 million on the last business day of February, marking the smallest number of job openings since March of 2018.

The National Federation of Independent Business’s small-business optimism index edged up 0.1 point to a seasonally adjusted 101.8, marking the third month in a row in a narrow range.

What were strategists saying?

“The tariff threat is probably what’s moving markets negatively,” Karen Cavanaugh, senior market strategist with Voya Investment Management, told MarketWatch, though she noted that tariffs being discussed are relatively small. “We’re in an information vacuum before earnings season, and right now any little thing could move markets until we get something substantial to sink our teeth into.”

“Sentiment in continental Europe is holding up well, considering the heightened tensions between Washington, D.C., and Brussels in relation to the threat of $11 billion worth of tariffs being imposed on European imports,” wrote David Madden, market analyst at CMC Markets, in a research note.

Which stocks were in focus?

Apple Inc. AAPL, -0.30%  surrendered early gains to fall 0.3%, bringing its nine-day win streak to a close as its effort to reclaim $1 trillion in market cap took a pause.

Shares of Wynn Resorts LtdWYNN, -3.86% dropped 3.9% after the company terminated talks to purchase Australia’s Crown Resorts.

Shares of Paris-listed Airbus SE AIR, -1.86%  were off 1.9% amid the U.S. tariff threat. U.S. listed shares EADSY, -1.82% also fell 1.8%.

Avaya Holdings CorpAVYA, +4.17% shares gained 4.2% after Bloomberg reported that the communications software company is organizing a sales process for the company, following the receipt of unsolicited bids.

General Electric CoGE, -2.85% shares slid 2.9% a day after J.P. Morgan analyst Stephen Tusa downgraded the stock.

Shares of American Airlines Group IncAAL, -1.68% fell 1.7% after the company cut its first quarter guidance.

How were other markets trading?

Markets in Asia closed on a mixed note, with Japan’s Nikkei 225 NIK, -0.61%adding 0.2%, Hong Kong’s Hang Seng Index HSI, -0.35% rising 0.3%, while the Shanghai Composite Index SHCOMP, -0.39% lost 0.2%. European stocks were lower, with the Stoxx Europe 600 SXXP, -0.47% down 0.5%.

In commodities markets, the price of oil CLK9, +0.19% retreated from five-month highs, while gold futures GCM9, -0.13% settled higher. The U.S. dollarDXY, +0.02% was mostly unchanged.

[MarketWatch]

Trump Shifts Course on Egypt, Praising Its Authoritarian Leader

Ever since he seized power in a military takeover nearly four years ago, President Abdel Fattah el-Sisi of Egypt has been barred from the White House. But President Trump made clear on Monday that the period of ostracism was over as he hosted Mr. Sisi and pledged unstinting support for the autocratic ruler.

“We agree on so many things,” Mr. Trump said as he sat beside Mr. Sisi in the Oval Office. “I just want to let everybody know in case there was any doubt that we are very much behind President el-Sisi. He’s done a fantastic job in a very difficult situation. We are very much behind Egypt and the people of Egypt. The United States has, believe me, backing, and we have strong backing.”

In that one moment, Mr. Trump underscored a fundamental shift in American foreign policy since he took office. While his predecessors considered authoritarians like Mr. Sisi to be distasteful and at times shied away from them, Mr. Trump signaled that he sees international relations through a transactional lens. If Egypt can be a partner in the battle against international terrorism, then in Mr. Trump’s calculation, that is more important to the United States than concerns over its brutal suppression of domestic dissent.

Nothing could have made Mr. Sisi happier. He arrived from Cairo with a list of financial, security and political requests, but effectively he got what he really wanted in the six minutes that news media photographers were permitted in the Oval Office to record the visit that President Barack Obama had denied him. The picture of the general-turned-president in the White House, hosted by an American leader lavishing praise on him, was the seal of approval he had long craved, the validation of a strongman on the world’s most prominent stage.

That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.”

The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, who know him as the leader of the military takeover that removed an elected president, oversaw a vicious security operation in which hundreds of protesters were gunned down in the streets of Cairo and has cemented his authority by filling prisons with his opponents while strangling the free press.

It was the first visit by an Egyptian president to Washington since 2009, when the guest was the autocratic former president Hosni Mubarak, then in the waning years of his rule — an era now viewed by many Egyptians as a time of relative freedom, prosperity and security. Mr. Mubarak was pushed out in 2011 by a wave of street protests and succeeded, in a democratic election, by the Muslim Brotherhood’s Mohamed Morsi. Taking advantage of popular discontent with Mr. Morsi two years later, the military, led by Mr. Sisi, then a general, took power and Mr. Sisi became president in a pro forma election that awarded him 97 percent of the vote.

Little of that seems to matter to Mr. Trump, though, who has showcased his determination to reshape America’s relationship with a number of Middle Eastern countries, regardless of human rights concerns. In his public remarks on Monday, Mr. Trump made no mention of such issues; aides said he believed discussing them in private might be more effective.

“I just want to say to you, Mr. President, that you have a great friend and ally in the United States and in me,” Mr. Trump told Mr. Sisi.

Mr. Sisi responded in kind, sometimes in language mimicking a Trumpian sales pitch. “You will find Egypt and myself always beside you in bringing about an effective strategy in the counterterrorism effort,” he said. He also vowed to support Mr. Trump’s effort to negotiate peace between Israelis and Palestinians, calling it an effort to “find a solution to the problem of the century in the deal of the century.”

While Egypt has long been a crucial American ally in the Middle East, Mr. Trump’s admiration for Mr. Sisi seems to mirror in some ways his appreciation for President Vladimir V. Putin of Russia as a fellow tough figure. After their first meeting in September, on the sidelines of the United Nations General Assembly when Mr. Trump was running for president, he hailed Mr. Sisi as “a fantastic guy” and spoke admiringly of his iron-fisted methods. “He took control of Egypt. And he really took control of it,” Mr. Trump said in an interview with Fox Business Network.

Mr. Sisi has rejected suggestions that he rules like a dictator. Speaking to The Financial Times in December, he said he was “building love between Egyptians, a wave of respect for the other that will start in Cairo and spread across the region.”

Yet as he was preparing to meet Mr. Trump on Monday, a court in Cairo sentenced 17 people to jail terms of five years each for taking part in street protests in January 2015.

In Rome, the parents of Giulio Regeni, an Italian postgraduate student found dead in Cairo last year, held a news conference to press their longstanding accusations that Egyptian security officials had abducted, tortured and killed their son, probably on suspicion that he was a spy. The family’s lawyer, Alessandra Ballerini, said they had identified two high-ranking Egyptian national security officials said to be implicated in the case, but declined to give further details.

Beyond a shared love for harsh rhetoric warning against the dangers of jihadist Islam, Mr. Trump has striking similarities with Mr. Sisi’s brand of authoritarianism in Egypt, according to Middle East analysts. Both leaders came to power promising splashy projects derided by experts — an expensive extension of the Suez Canal for Mr. Sisi, and a giant wall along the Mexico border for Mr. Trump. In speeches, both leaders have been ridiculed for making exaggerated claims, embracing conspiracy theories and speaking in a limited rhetorical style.

Egyptians also often mock Mr. Sisi for speaking in a rustic form of Arabic that contrasts with the formal version usually favored by national leaders. Mr. Trump has the grammar and vocabulary of a fifth-grade student, one study last year found.

Both leaders are notoriously thin-skinned and project a sense of unfiltered self-regard. In recent months, Mr. Trump branded critics in the “fake news” media as the “enemy of the American people”; last year, in a fit of exasperation, Mr. Sisi told Egyptians, “Please, do not listen to anyone but me!”

Yet in many other ways there are vast differences between their styles. While Mr. Trump wrestles with a hostile media and recalcitrant factions in his Republican party, Mr. Sisi’s government has imprisoned dozens of journalists — fewer only than China and Turkey, according to press freedom groups — while the national Parliament is stuffed with his supporters.

It remains far from clear what the two leaders can offer each other in concrete terms. Mr. Sisi has resisted loud appeals to release Aya Hijazi, an American aid worker imprisoned in Egypt, while Mr. Trump’s White House is considering slashing foreign aid to countries including Egypt’s $1.3 billion in military assistance. The Trump administration also appears to have gone cold on proposals to designate the country’s Muslim Brotherhood as a terrorist organization.

While human rights advocates criticized Mr. Trump, a lawyer for Ms. Hijazi said her supporters had been working with his administration to highlight her case and those of others held. “We are confident that the case is being prioritized at the highest levels of the United States government,” said the lawyer, Wade McMullen, managing attorney at Robert F. Kennedy Human Rights, an advocacy center.

One thing Mr. Sisi desperately wants, according to Western officials in Cairo, is for Mr. Trump to reinstate a military financing deal, suspended under Mr. Obama in 2015, allowing Egypt to effectively buy, on credit, the tanks, warplanes and other large-ticket military items it desires. Such a deal would give Mr. Sisi something to bring home to his backers in the military.

But experts say that while a military finance deal might please American defense contractors, it could frustrate American counterterrorism goals by making Egypt less likely to pour resources into smaller weapons that are better suited to battling Islamic State insurgents in Sinai.

“If Trump is really interested in getting the Egyptians to fight radical Islam, giving them more tanks will not help our goals,” said Amy Hawthorne of the Project on Middle East Democracy, a Washington nonprofit that has been sharply critical of Mr. Sisi.

Some experts worry that Mr. Sisi’s hard-knuckled approach to Islamism — banning all forms of political Islam, such as the Muslim Brotherhood, as well as fighting jihadist violence — could ultimately feed a new wellspring of radicalism that could blow back on the United States.

“The authoritarian bargain the U.S. has struck with Egypt might seem to be the right thing, but it never pays off in the long run,” Ms. Hawthorne said. “It’s not just about being on the wrong side of history, but about over-investing in a regime that is fueling radicalization that will ultimately harm U.S. interests.”

(h/t New York Times)

Reality

This isn’t the first time Donald Trump praised other authoritarian leaders while calling the democratically elected officials in Congress and the White House “weak.”

  • After receiving praise from Vladimir Putin, Trump showed lots of love for the authoritarian Russian President in return saying he’ll get along fine with him.
  • Praised North Korean dictator Kim Jong Un on how well he killed all of his uncles in order to take power.
  • In the midst of a brutal civil war where authoritarian Syrian President Bashar al-Assad used chemical weapons against his own people, Trump was kind enough to give Bashar a grade of ‘A’ for leadership.
  • During the CNN-Telemundo Republican candidates’ debate in February that while Gaddafi was “really bad,” his tactics were effective and we would be so much better off if Gaddafi were in charge.
  • Trump tweeted a quote from former Italian dictator Benito Mussolini. When asked about being associated with a fascist Trump responded what difference does it make if it was Mussolini or somebody else — it’s a very good quote.
  • And Trump has a history of praising Saddam Hussein in interviews and at rallies.

Gadhafi, Hussein, Bashar, Un, and Putin all have committed atrocities against their own people and were among the world’s worst human rights abusers.