Tag Archives: Donald Trump

Vice President Pence heads to Seoul as North Korea tensions flare

FILE PHOTO: U.S. Vice President Mike Pence arrives for the swearing-in ceremony of Judge Neil Gorsuch as an Associate Supreme Court Justice in the Rose Garden of the White House in Washington, U.S., April 10, 2017. REUTERS/Joshua Roberts /File Photo

By Roberta Rampton

WASHINGTON (Reuters) – U.S. Vice President Mike Pence will travel to South Korea on Sunday in what his aides said was a sign of the U.S. commitment to its ally in the face of rising tensions over North Korea’s nuclear program.

Pence’s Seoul stop kicks off a long-planned 10-day trip to Asia – his first as vice president – and comes amid concerns that Pyongyang could soon conduct its sixth nuclear test.

President Donald Trump has warned against further provocations, sending an aircraft carrier group to the region as a show of force. His officials have been assessing tougher economic sanctions as well as military options to curb North Korea’s nuclear ambitions.

Pence plans to celebrate Easter with U.S. and Korean troops on Sunday before talks on Monday with acting President Hwang Kyo-ahn.

“We’re going to consult with the Republic of Korea on North Korea’s efforts to advance its ballistic missile and its nuclear program,” a White House foreign policy adviser told reporters, previewing Pence’s trip.

Pence will land in Seoul the day after North Korea’s biggest national day, the “Day of the Sun.” The White House has contingency plans for Pence’s trip should it coincide with a another North Korean nuclear test by its leader Kim Jong Un, the adviser said.

“Unfortunately, it’s not a new surprise for us. He continues to develop this program, he continues to launch missiles into the Sea of Japan,” the adviser said.

“With the regime it’s not a matter of if – it’s when. We are well prepared to counter that,” the adviser said.

‘FREE AND FAIR’ TRADE

Pence expects to talk about the “belligerence” of North Korea at stops in Tokyo, Jakarta and Sydney, the White House adviser said.

But the need for “free and fair trade” will also be a theme, the adviser said.

Trump campaigned on an “America First” trade policy, complaining that trade partners in Asia and elsewhere had taken advantage of the United States.

One of his first acts in office was to remove the United States from the 12-nation Trans-Pacific Partnership (TPP) trade deal negotiated by former President Barack Obama.

“Withdrawing from the TPP shouldn’t be seen as a retreat from the region. On the contrary, our economic presence in the region is enduring,” the adviser said.

On Tuesday, Pence will kick off economic talks with Japan requested by Trump and Prime Minister Shinzo Abe. The discussions will focus more on setting a “framework” for future talks rather than on specific industry issues, a White House official said.

Pence will meet with business leaders at each stop, including in Jakarta, though he was not expected to wade into the weedy details of disputes between the Indonesian government and U.S. companies like mining giant Freeport-McMoRan Inc <FCX.N>.

“We’re going to discuss the business environment in Indonesia in a general sense,” a White House official said.

(Reporting by Roberta Rampton; Editing by Michael Perry)

‘Right time’ to use huge bomb in Afghanistan: U.S. general

The GBU-43/B Massive Ordnance Air Blast (MOAB) bomb is pictured in this undated handout photo. Elgin Air Force Base/Handout via REUTERS

By Hamid Shalizi and Josh Smith

KABUL (Reuters) – The top U.S. military commander in Afghanistan said on Friday the decision to deploy one of the largest conventional bombs ever unleashed in combat was a purely tactical decision made as part of the campaign against Islamic State-linked fighters.

As many as 36 suspected Islamic State militants were killed in the strike on Thursday evening, Afghan defense officials said, adding there were no civilian casualties.

The strike came as U.S. President Donald Trump dispatches his first high-level delegation to Kabul, amid uncertainty about his plans for the nearly 9,000 American troops stationed in Afghanistan.

Nicknamed “the mother of all bombs,” the weapon was dropped from an MC-130 aircraft in the Achin district of the eastern province of Nangarhar bordering Pakistan.

Nicholson said he was in constant communication with officials in Washington, but the decision to use the 21,600-pound (9,797-kg) GBU-43 bomb was based on his assessment of military needs and not broader political considerations.

“This was the first time that we encountered an extensive obstacle to our progress,” he said of a joint Afghan-U.S. operation that has been targeting Islamic State since March.

“It was the right time to use it tactically against the right target on the battlefield.”

Afghan and U.S. forces were at the scene of the strike and reported that the “weapon achieved its intended purpose,”, Nicholson said.

Afghan Defence Ministry spokesman Dawlat Waziri said no civilians were harmed in the massive blast that targeted a network of caves and tunnels that had been heavily mined.

“No civilian has been hurt and only the base, which Daesh used to launch attacks in other parts of the province, was destroyed,” Waziri said in a statement.

He was using an Arabic term that refers to Islamic State, which has established a small stronghold in eastern Afghanistan and launched deadly attacks on the capital, Kabul.

The GBU-43 is a GPS-guided munition that had never before been used in combat since its first test in 2003, when it produced a mushroom cloud visible from 20 miles (32 km) away.

The bomb’s destructive power, equivalent to 11 tonnes of TNT, pales in comparison with the relatively small atomic bombs dropped on Japan at the end of World War Two, which had blasts equivalent to between 15,000 and 20,000 tonnes of TNT.

At a village about 3 miles (5 km) from the remote, mountainous area where the bomb was dropped, witnesses said the ground shook, but homes and shops appeared unaffected.

“Last night’s bomb was really huge, when it dropped, everywhere, it was shaking,” said a resident, Palstar Khan, adding that he believed no civilians were in the area hit.

He praised the strike, saying killing Islamic State fighters was a “positive move.”

Other residents said they saw militants climbing up and down the mountain every day, making occasional visits to the village.

“They were Arabs, Pakistanis, Chinese and local insurgents coming to buy from shops in the bazaar,” said resident Raz Mohammad.

‘TESTING GROUND’

On Friday, the village was swarming with Afghan and international troops, as helicopters and other aircraft flew overhead.

Afghan President Ashraf Ghani’s office said in a statement the attack was a part of a joint operation by Afghan and international troops.

“Afghan and foreign troops closely coordinated this operation and were extra cautious to avoid any civilian casualties,” it said.

But former president Hamid Karzai condemned the use of the weapon on Afghan soil.

“This is not the war on terror, but the inhuman and most brutal misuse of our country as testing ground for new and dangerous weapons,” he said on social media network Twitter.

The Taliban also denounced the bombing.

“Using this massive bomb cannot be justified and will leave a material and psychological impact on our people,” the Taliban, who compete with Islamic State in Afghanistan, said in a statement.

American officials said the bomb had been positioned for possible use in Afghanistan for “some time” since the administration of former president Barack Obama.

The United States has steadily intensified its air campaign against Islamic State and Taliban militants in Afghanistan, with the Air Force deploying nearly 500 weapons in the first three months of 2017, up from 300 in the corresponding 2016 period.

Thursday’s strike was not the first time Islamic State fighters have been targeted by heavy American bombardment in Nangarhar, where a U.S. special forces soldier was killed battling militants a week ago.

Last year, B-52 bombers operating out of Qatar flew at least two missions in Afghanistan for the first time since 2006.

Such aircraft can carry as much as 70,000 pounds (32,000 kg)of bombs, missiles, or other weapons on each mission.

In March, U.S. forces conducted 79 “counterterror strikes” against Islamic State in Nangarhar, killing as many as 200 militants, according to the U.S. military command in Kabul.

U.S. military officials estimate there are about 600 to 800 Islamic State fighters in Afghanistan, mostly in Nangarhar, but also in the neighboring province of Kunar.

The United Nations has raised concerns that the American air campaign is swelling civilian casualties in Afghanistan.

Last year, air strikes by international forces caused at least 127 civilian deaths and 108 injuries, up from 103 deaths and 67 injuries in 2015, the United Nations said.

(Reporting by Hamid Shalizi; Writing by Josh Smith; Editing by Clarence Fernandez)

China says North Korea tension has to be stopped from reaching ‘irreversible’ stage

North Korean leader Kim Jong Un arrives for an opening ceremony of a newly constructed residential complex in Ryomyong street in Pyongyang, North Korea April 13, 2017. REUTERS/Damir Sagolj

By Dominique Patton and Sue-Lin Wong

BEIJING/PYONGYANG (Reuters) – China said on Friday tension over North Korea had to be stopped from reaching an “irreversible and unmanageable stage” as a U.S. aircraft carrier group steamed toward the region amid fears the North may conduct a sixth nuclear weapons test.

Concern has grown since the U.S. Navy fired 59 Tomahawk missiles at a Syrian airfield last week in response to a deadly gas attack, raising questions about U.S. President Donald Trump’s plans for North Korea, which has conducted missile and nuclear tests in defiance of U.N. and unilateral sanctions.

The United States has warned that a policy of “strategic patience” is over. U.S. Vice President Mike Pence travels to South Korea on Sunday on a long-planned 10-day trip to Asia.

China, North Korea’s sole major ally and neighbor which nevertheless opposes its weapons program, has called for talks leading to the denuclearization of the Korean peninsula.

“We call on all parties to refrain from provoking and threatening each other, whether in words or actions, and not let the situation get to an irreversible and unmanageable stage,” Chinese Foreign Minister Wang Yi told reporters in Beijing.

North Korea denounced the United States for bringing “huge nuclear strategic assets” to the region as the Carl Vinson strike group with a flag-ship nuclear-powered aircraft carrier steamed closer, and said it stood ready to strike back.

“The Trump administration, which made a surprise guided cruise-missile strike on Syria on April 6, has entered the path of open threat and blackmail,” the North’s KCNA news agency quoted the military as saying in a statement.

“The army and people of the DPRK will as ever courageously counter those who encroach upon the dignity and sovereignty of the DPRK and will always mercilessly ravage all provocative options of the U.S. with Korean-style toughest counteraction.”

DPRK stands for the North’s official name, the Democratic People’s Republic of Korea.

North Korea, still technically at war with the South after their 1950-53 conflict ended in a truce, not a treaty, has on occasion conducted missile or nuclear tests to coincide with big political events and often threatens the United States, South Korea and Japan.

On Saturday, it marks the “Day of the Sun”, the 105th anniversary of the birth of state founder Kim Il Sung.

U.S. ally South Korea warned against any North Korean “provocation”, such as a nuclear or missile test.

“There is certain to be powerful punitive measure that will be difficult for the North Korean regime to endure,” the South’s Foreign Ministry said in a statement.

WITH OR WITHOUT YOU

While Trump has put North Korea on notice that he will not tolerate any more provocation, U.S. officials have said his administration is focusing its strategy on tougher economic sanctions.

Trump said on Thursday North Korea was a problem that “will be taken care of” and he believed Chinese President Xi Jinping would “work very hard” to help resolve it.

Trump has also said the United States is prepared to tackle the crisis without China, if necessary.

He diverted the Carl Vinson aircraft carrier and its strike group toward the Korean peninsula last weekend in a show of force. (http://tmsnrt.rs/2p1yGTQ)

Worry about North Korean aggression has also led to a deterioration of ties between China and South Korea because China objects to the deployment of a U.S. Terminal High Altitude Area Defense (THAAD) anti-missile system in the South.

“It’s not hard to see that ever since the United States and Republic of Korea decided to deploy THAAD, the situation has not become harmonious but has become more tense,” Chinese Foreign Ministry spokesman Geng Shuang, said in response to a question about the system.

South Korea and the United States say the sole purpose of the THAAD is to guard against North Korean missiles, but China says that its powerful radar could penetrate its territory.

The dollar fell on Friday against a basket of currencies, on track for a losing week as tension over North Korea underpinned the perceived safe-haven Japanese yen.

Japan’s Nikkei business daily said the government had discussed how to rescue an estimated 57,000 Japanese citizens in South Korea as well as how to cope with a possible flood of North Korean refugees coming to Japan, among whom might be spies.

In Pyongyang, retired soldier Ho Song Chol told Reuters that North Korea would win should there be any conflict with the United States.

“We don’t think about other things, we just live in our belief that we will win as long as our Supreme Leader is with us,” Ho said, referring to Kim Jong Un.

Kang Gil-won, a 26-year-old graduate living in Seoul, said his biggest concern was not North Korea, but finding work in a tough job market.

“There’s no concern that war is going to break out tomorrow,” he told Reuters at a “study café” where many young job seekers prepare for interviews.

“Getting a job is a war that I feel in my bones.”

(Additional reporting by Nick Macfie, James Pearson, Ju-min Park and Jack Kim in SEOUL, Natalie Thomas in Pyongyang, Linda Sieg in TOKYO and Michael Martina and Christian Shepherd in BEIJING; Writing by Nick Macfie; Editing by Robert Birsel)

Trump signs resolution allowing U.S. states to block family planning funds

U.S. President Donald Trump waves as he boards Air Force One at Joint Base Andrews outside Washington, U.S., before traveling to Palm Beach, Florida for the Good Friday holiday/Easter weekend, April 13, 2017. REUTERS/Yuri Gripas

By Lisa Lambert

WASHINGTON (Reuters) – President Donald Trump on Thursday signed a resolution that will allow U.S. states to restrict how federal funds for contraception and reproductive health are spent, a move cheered by anti-abortion campaigners.

“This is a major pro-life victory,” said the most powerful Republican in the House of Representatives, Speaker Paul Ryan, adding that a regulation enacted under Democratic former President Barack Obama had forced states to fund Planned Parenthood, a national non-profit that provides contraception, health screenings, and abortions.

Under the Congressional Review Act, which allows lawmakers to repeal newly minted rules, both the House and Senate had passed a resolution killing Obama’s regulation that had protected federal grants for clinics in states wanting to block the funding.

States such as Texas in recent years have kept the grants from going to clinics as part of the country’s longstanding fight over abortion. Broadly, many Republicans seek to restrict abortion or make it illegal while Democrats have fought to keep abortion legal.

The resolution had narrowly passed the U.S. Congress, with Vice President Mike Pence called to the Senate on March 30 to break a tie vote in the chamber, where Republicans hold a slim majority. The federal government can never again create a “substantially similar” regulation under the review law.

The grants, known as “Title X” funds, were already barred from going directly to abortion services but under the now-null regulation Planned Parenthood clinics were assured they could receive money even in the face of state objections.

“Allowing states to withhold Title X funding from family planning clinics won’t make anyone safer or healthier – it will instead place essential services out of reach,” said Diane Horvath-Cosper, a medical doctor and fellow at Physicians for Reproductive Health, adding that for many people the clinics are the only place where they can receive affordable health services such as disease testing.

(Reporting by Lisa Lambert; Editing by Frances Kerry)

Dollar rises after sliding on Trump remarks on currency, rates

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

By Dion Rabouin

NEW YORK (Reuters) – The U.S. dollar rose on Thursday, rebounding after a slide that investors considered overdone following remarks by President Donald Trump that the currency was getting too strong and he would prefer the Federal Reserve to keep interest rates low.

The greenback and U.S. Treasury yields took a heavy hit after Trump’s comments to the Wall Street Journal, in which he said the strength of the dollar would hurt the economy.

But after losing 0.6 percent on Wednesday – its biggest one-day fall in more than three weeks – the dollar recovered on Thursday against a basket of major currencies <=USD> that tracks its value, rising 0.3 percent.

“Clearly, I think it was oversold yesterday,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California. “The market was very sensitive to headlines given how nervous it has become due to geopolitical risk.”

Trading was also thinner than usual because of the impending Good Friday holiday in the U.S. and Europe this week, Ng said.

Having hit a five-month low of 108.73 yen in early Asian trading, the dollar steadied at 109.20 yen. <JPY=>

“Yes, it was negative what (Trump) said…but it’s not a big surprise – it wasn’t a U-turn in his rhetoric on the exchange rate so far,” said Commerzbank currency strategist Thu Lan Nguyen in Frankfurt.

“The question is: is he able to influence monetary policy in order to get a weaker dollar? That is still an open question.”

Trump’s remarks went against a long-standing practice of both U.S. Democratic and Republican administrations of refraining from commenting on policy set by the independent Federal Reserve. It is also unusual for a president to talk about the value of the dollar, a subject usually left to the U.S. Treasury secretary.

The dollar has shed 1.7 percent against the yen so far this week, its fourth week lower against the safe-haven Japanese currency in five, as a rise in tensions in Asia and Europe prompted yen buying.

Investors are concerned about the upcoming French presidential election as well as possible U.S. military action against Syria and North Korea, and an escalation of tensions with Russia.

The euro fell 0.5 percent to $1.0619 <EUR=> after touching a one-week high in overnight trading.

The dollar was little changed against China’s offshore yuan <CNH=D3>, after falling to a six-day low on Wednesday. It had risen to a one-month high at the start of the week.

(Additional reporting by Shinichi Saoshiro in Tokyo; Editing by Bernadette Baum)

Wall Street flat as investors assess earnings, Trump comments

Traders work on the floor of the New York Stock Exchange (NYSE) in the Manhattan borough of New York, New York, U.S., April 4, 2017. REUTERS/Brendan McDermid

By Yashaswini Swamynathan

(Reuters) – U.S. stocks were little changed on Thursday as investors assessed the first rush of bank earnings and President Donald Trump’s remarks on the dollar’s strength and interest rates.

Shares of JPMorgan <.JPM.N> and Citigroup <C.N> rose about 1 percent after the two banks reported better-than-expected quarterly profits.

However, Wells Fargo <WFC.N> slipped 2.5 percent after reporting a big drop in mortgage banking revenue.

The earnings reports come in the wake of a frenetic rally in bank shares that started after Trump’s election as U.S. president on hopes that he would rein in banking regulations and introduce other business friendly policies.

At 10:01 a.m. EDT the Dow Jones industrial average <.DJI> was down 0.58 points, flat, at 20,591.28, the S&P 500 <.SPX> was up 0.68 points, or 0.028999 percent, at 2,345.61 and the Nasdaq Composite <.IXIC> was up 10.40 points, or 0.18 percent, at 5,846.56.

“Investors will (be) faced with another day of market uncertainties as bank earnings, geopolitical worries and Trump’s comments on the greenback are being reflected in the volatility index that is flashing trouble ahead,” Peter Cardillo, chief market economist at First Standard Financial, wrote in a note.

Trump told the Wall Street Journal on Wednesday that the dollar “was getting too strong” and that he would like to see interest rates stay low.

The S&P 500 financial index <.SPSY> was up 0.2 percent, while five other S&P sectors were down.

Nine of the 11 major S&P sectors were lower, led by a 0.4 percent decline in financials. Bank of America <BAC.N> and Goldman Sachs <GS.N> are due to report results next week.

Shares of Applied Optoelectronics <AAOI.O> jumped nearly 23 percent to $50.15 after the company said it expected first-quarter earnings to exceed its forecast.

Trading volumes could be lower than usual on Thursday ahead of the Good Friday holiday.

Declining issues outnumbered advancers on the NYSE by 1,403 to 1,186. On the Nasdaq, 1,201 issues fell and 1,163 advanced.

The S&P 500 index showed two 52-week highs and no lows, while the Nasdaq recorded 10 highs and 27 lows.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D’Silva)

May, Trump agree Russia should break ties with Assad: UK PM’s office

U.S. President Donald Trump escorts British Prime Minister Theresa May after their meeting at the White House in Washington, U.S., January 27, 2017. REUTERS/Kevin Lamarque

LONDON (Reuters) – British Prime Minister Theresa May spoke on Monday to U.S. President Donald Trump and agreed that “a window of opportunity” exists to persuade Russia to break ties with Syrian President Bashar al-Assad, May’s office said.

A spokeswoman for the prime minister said Trump had thanked May for her support following last week’s U.S. military action in Syria against the Assad regime.

The White House later on Monday said Trump had spoken with May and separately with German Chancellor Angela Merkel by telephone about the U.S. attack and thanked them for their support.

It said in a statement that May and Merkel expressed support for the U.S. action and agreed with Trump on the importance of holding Assad accountable.

In a shift in Washington’s strategy, U.S. missiles hit a Syrian air base last week in retaliation for what the United States and its allies say was a poison gas attack by Syria’s military in which scores of civilians died. The Syrian government has denied it was behind the assault.

Trump had previously appeared disinclined to intervene against the Syrian leader and the attack raised expectations that he might now be ready to adopt a tougher-than-expected stance with Russia, Assad’s main backer.

U.S. Secretary of State Rex Tillerson is due to travel to Moscow this week and the spokeswoman for May said the two leaders had agreed during their conversation that the visit was an opportunity to make progress toward a solution.

“The prime minister and the president agreed that a window of opportunity now exists in which to persuade Russia that its alliance with Assad is no longer in its strategic interest,” the spokeswoman said.

“They agreed that U.S. Secretary of State Tillerson’s visit to Moscow this week provides an opportunity to make progress toward a solution which will deliver a lasting political settlement.”

The spokeswoman said the two leaders had also stressed the importance of the international community, including China, putting pressure on North Korea to constrain the threat it poses.

(Reporting by Kate Holton; Editing by James Dalgleish, Toni Reinhold)

Groups sue to obtain White House visitor logs

Man arrested after threatening to kill 'all white police' at White House

By Jonathan Stempel

NEW YORK (Reuters) – A coalition of nonprofit groups on Monday sued the U.S. Department of Homeland Security to obtain logs of visitors to President Donald Trump’s homes.

The lawsuit accused the Secret Service, which maintains the logs, of violating the law by ignoring several requests for lists of visitors to the White House, Trump Tower in Manhattan, and the Mar-a-Lago estate in Palm Beach, Florida.

Monday’s complaint was filed in Manhattan federal court by the Citizens for Responsibility and Ethics in Washington (CREW), the Knight First Amendment Institute at Columbia University, the National Security Archive, and archive researcher Kate Doyle.

The plaintiffs had requested the logs under the federal Freedom of Information Act.

Similar litigation by CREW in 2009 prompted the Obama administration to disclose White House visitor logs on a delayed basis, and according to the complaint led to the release of 5.99 million records.

A spokesman for the Homeland Security Department, which oversees the Secret Service, said the department does not discuss pending litigation. The lawsuit was reported earlier by the Washington Post.

The website where White House visitor logs were available went dark after Trump became president.

That page now reads: “This page is being updated. It will post records of White House visitors on an ongoing basis, once they become available.” (https://www.whitehouse.gov/briefing-room/disclosures/visitor-records)

Several Democratic lawmakers last month called on Trump, a Republican, to make logs public again.

Many FOIA lawsuits against federal agencies are filed in Washington rather than New York.

But in August 2013, the federal appeals court in Washington said Congress did not intend to authorize FOIA requesters to obtain records “indirectly” from the Secret Service that they could not obtain directly from the President.

That decision involved a request by the conservative group Judicial Watch for records of all White House visitors over seven months.

It was written by Chief Judge Merrick Garland, whose Supreme Court nomination by Obama was never acted upon by Congress.

Federal judges in Manhattan can use Garland’s opinion for guidance, but need not follow it.

The case is Doyle et al v. U.S. Department of Homeland Security, U.S. District Court, Southern District of New York, No. 17-02542.

(Reporting by Jonathan Stempel in New York; Editing by Richard Chang)

Trump to meet U.S. business leaders on infrastructure, tax reform

U.S. President Donald Trump waves as he walks from Marine One upon his return to the White House in Washington, U.S., April 9, 2017. REUTERS/Joshua Roberts - RTX34UUD

By David Shepardson

WASHINGTON (Reuters) – U.S. President Donald Trump will meet with about 20 chief executives on Tuesday as he works to gain support for a $1 trillion infrastructure program, tax reform and other administration priorities, said White House spokesman Sean Spicer.

Trump will meet with the heads of General Motors Co <GM.N>, International Business Machines Corp <IBM.N> and Wal-Mart Stores Inc <WMT.N>, a government official briefed on the matter said.

Trump has pledged to unlock $1 trillion in private and public infrastructure investments to fix bridges, improve the electrical grid and broadband internet, modernize airports and potentially rebuild hospitals for veterans. Nearly three months after his inauguration, Trump will again seek the advice and funds of the private sector for his “national rebuilding” program.

Trump also wants to streamline the income tax system, cut federal regulations, reduce corporate income tax and add new taxes to prod companies to keep or move production to the United States. He has held numerous sessions with CEOs since taking office.

The chief executives are part of Trump’s “Strategy and Policy Forum” that was created in December and last met with the president on Feb. 3.

The business leaders from a variety of sectors will also meet in small groups with Transportation Secretary Elaine Chao, Environmental Protection Agency chief Scott Pruitt, Commerce Secretary Wilbur Ross, Education Secretary Betsy DeVos and White House budget director Mick Mulvaney, Spicer said.

Participants in Ross’ meeting include Wal-Mart CEO Doug McMillon and Indra Nooyi, chief executive officer of PepsiCo Inc <PEP.N>. Pruitt’s meeting will include GM CEO Mary Barra and Paul Atkins, CEO of Patomak Global Partners LLC and a Republican former SEC commissioner. Chao’s meeting will include Tesla Inc <TSLA.O> CEO Elon Musk.

BlackRock CEO Larry Fink, who heads the world’s largest investment management firm, in a letter to shareholders Monday backed calls for private investment to rebuild U.S. infrastructure. The Trump administration plans to unveil as soon as May the $1 trillion infrastructure plan over 10 years.

“Fixing crumbling roads and bridges is not enough. We need to be focused on reshaping our world, not just repairing it,” Fink wrote.

Last week, Trump pitched infrastructure projects to about 50 New York area CEOs. National Economic Council Director Gary Cohn told executives that privatizing air traffic control, which the administration proposed in its budget outline in March, could be a big boost.

Other chief executives taking part Tuesday include consultant EY, Boston Consulting Group, the Cleveland Clinic and Global Infrastructure Partners, an infrastructure investment fund.

(Reporting by David Shepardson; Editing by Andrew Hay and Lisa Shumaker)