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Tech support: Tesla, Uber & Pepsi CEOs join Trump’s advisory council

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President-elect Donald Trump has added Elon Musk of Tesla and SpaceX, Travis Kalanick of Uber, and Indra Nooyi of PepsiCo, to his Strategic and Policy Forum. The body of business leaders was created to advise Trump on economic policy.

Musk and Kalanick inject a mix of innovation and new technologies into the team consisting mainly of old-fashioned ‘blue-chip’ companies, while Nooyi will be the third woman on the panel.

“America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this Forum today are at the top of their fields,” Trump said in the announcement. “My Administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland.”

The announcement comes as top executives from Silicon Valley – who by and large backed Trump’s rival Hillary Clinton in the presidential race – are set to meet with the president-elect at Trump Tower on Wednesday. In addition to Musk, Apple CEO Tim Cook and Facebook COO Sheryl Sandberg will be attending the summit. PayPal co-founder Peter Thiel, who reportedly helped set up the meeting, is one of the few tech entrepreneurs who openly backed Trump during the campaign.

Kalanick co-founded Uber in 2008, disrupting the taxi service business model in more than 450 cities across 80 countries. Musk made a fortune from startups Zip2 and PayPal before establishing private space exploration company SpaceX in 2002 and Tesla Motors in 2003. He serves as chairman and CEO of both. Nooyi heads PepsiCo, the largest food and beverage company in the US.

Established in early December, the forum consists of “some of America’s most highly respected and successful business leaders,” with the mission to “share their specific experience and knowledge” with Trump to aid his economic program, according to the presidential transition team.

The forum is chaired by Stephen A. Schwarzman, CEO and co-founder of asset management company Blackstone. Other notable members are JPMorgan Chase CEO Jamie Dimon, Disney CEO and Chairman Bob Iger, General Motors Chairman and CEO Mary Barra, IBM President and CEO Ginni Rometty, President and CEO of Walmart Doug McMillon, and former CEO of General Electric Jack Welch.

The first meeting of the Strategic and Policy Forum is planned to take place at the White House during the first week of February.

America

Trump says Kim Jong Un wants to meet ‘as soon as possible’ and that he’s ‘very honorable’

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  • President Donald Trump continued his recent trend of praising North Korean leader Kim Jong Un on Tuesday by saying he was “very honorable” and “very open.”

  • Trump has a habit of mixing praise of Kim with threats, but has lately taken to praising the North Korean leader.

  • Trump is set to become the first US president to ever meet face to face with a North Korean leader after Kim made a set of stunning concessions and appeared to cave to US demands, but experts are skeptical.

President Donald Trump continued his recent trend of praising North Korean leader Kim Jong Un on Tuesday by saying he was “very honorable” and “very open” ahead of a planned meeting between the two leaders.

“Kim Jong Un – he really has been very open and, I think, very honorable from everything we’re seeing,” Trump said to reporters, as French President Emmanuel Macron visited the White House.

Trump has proven eager to meet with and conduct diplomacy with Kim despite spending almost all of 2017 threatening North Korea with nuclear annihilation and responding to Pyongyang’s own threats.

But since the Pyeongchang Winter Olympics in South Korea, and sweeping rounds of US-led sanctions after intercontinental ballistic missile tests and a massive nuclear test, Kim has opened himself up to diplomacy.

First North Korea offered to meet South Korean President Moon Jae-in, then made the same offer to Trump, and then Kim unexpectedly went to Beijing to meet Chinese President Xi Jinping.

Trump reportedly accepted the offer to meet Kim without consulting his secretary of state at the time, Rex Tillerson. South Korea’s Moon was less eager, but ultimately agreed when Kim agreed to meet his conditions.

Trump previously said he’d be “honored” to talk to Kim, which he now looks likely to achieve.

He’s also expressed admiration for Kim’s leadership of North Korea, despite the fact that the regime runs labor camps that have been likened to Auschwitz in Nazi-controlled Europe.

“Not many 27-year-old men could go in and take over a regime … Say what you want, but that’s not easy – especially at that age,” Trump told ABC News before his inauguration in January 2016.

“How many young guys – he was like 26 or 25 when his father died – take over these tough generals, and all of a sudden … he goes in, he takes over, and he’s the boss,” Trump said. “You gotta give him credit.”

Trump is set to become the first US president to ever meet face to face with a North Korean leader after Kim made a set of stunning concessions and appeared to cave to US demands.

But experts warn Business Insider that North Korea has entered into and backed out of talks with the US before, and may simply be working to gain sanctions relief as the country’s economy falters.

 

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America

Trump confirms CIA chief met Kim Jong Un in North Korea

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Donald Trump confirmed CIA Director Mike Pompeo met with the leader of North Korea last week.

“Mike Pompeo met with Kim Jong Un in North Korea last week. Meeting went very smoothly and a good relationship was formed, ” U.S. President Trump says in Twitter post.

He added: “Details of summit are being worked out now. Denuclearization will be a great thing for world, but also for North Korea!”

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America

President Trump says WTO ‘unfair to U.S.

China, which is a great economic power, is considered a Developing Nation within the World Trade Organisation.

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WASHINGTON: US President Donald Trump blasted the World Trade Organization on Thursday, saying the international trade body was “unfair” to the United States while giving China “tremendous perks and advantages,” but he offered no evidence or examples to back up his claim.

“China, which is a great economic power, is considered a Developing Nation within the World Trade Organization. They therefore get tremendous perks and advantages, especially over the US Does anybody think this is fair. We were badly represented. The WTO is unfair to US,” Trump wrote on Twitter.

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