Highlights: The Trump presidency on April 26 at 9:12 P.M. EDT/0112 GMT on April 27(Reuters) - Highlights for U.S. President Donald Trump’s administration on Wednesday: Trump proposes slashing tax rates for businesses and on overseas corporate profits returned to the country in a plan greeted as an opening gambit by his fellow Republicans in Congress. Trump’s plan could shift the U.S. economy into higher gear but could have one effect the White House would not welcome — interest rates ratcheted higher than expected by a wary central bank. The Trump tax cut will generate growth but not nearly enough to replace trillions of dollars in lost revenues, while rising deficits could even take back some of the economic gains, fiscal experts say. Congress inches toward a deal to fund the government through September but is preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. Trump is considering issuing an executive order to pull the United States from the North American Free Trade Agreement, an administration official says, a move that could unravel one of the world’s biggest trading blocs. Trump and Canadian Prime Minister Justin Trudeau discuss bilateral trade in their second conversation in as many days  amid strains over softwood lumber and dairy. The Trump administration says it aims to push North Korea into dismantling its nuclear and missile programs through tougher international sanctions and diplomatic pressure, and remains open to negotiations to bring that about. Trump gives the military the authority to reset a confusing system of troop limits in Iraq and Syria that critics say allows the White House to micro-manage battlefield decisions and ultimately obscures the real number of U.S. forces. Trump signs an executive order to allow national monument designations to be rescinded or reduce the size of sites as the administration pushes to open more federal land to drilling, mining and other development. Trump orders Education Secretary Betsy DeVos to review the government role in school policy, which supporters cheer as a step in creating more local control in education and critics worry it could lead to lower quality schools in poorer neighborhoods. Israel’s intelligence minister says his country wants an “understanding” with the Trump administration that Iran must not be allowed to establish a permanent military foothold in Syria. politicsNews
highlights the trump presidency april gt april reuters highlights president donald trump administration wednesday trump proposes slashing tax rates businesses overseas corporate profits returned country plan greeted opening gambit fellow republicans congress trump plan could shift economy higher gear could one effect white house would welcome interest rates ratcheted higher expected wary central bank the trump tax cut generate growth nearly enough replace trillion dollars lost revenues rising deficits could even take back economic gains fiscal experts say congress inches toward deal fund government september preparing possibly extend midnight friday deadline order wrap negotiations avoid imminent government shutdown trump considering issuing executive order pull united states north american free trade agreement administration official says move could unravel one world biggest trading block trump canadian prime minister justin trudeau discuss bilateral trade second conversation many days amid strains softwood lumber dairy the trump administration says aims push north korea dismantling nuclear missile programs tougher international sanctions diplomatic pressure remains open negotiations bring trump gives military authority reset confusing system troop limits iraq syria critics say allows white house battlefield decisions ultimately obscure real number forces trump signs executive order allow national monument designations rescinded reduce size sites administration pushes open federal land drilling mining development trump orders education secretary bets demos review government role school policy supporters cheer step creating local control education critics worry could lead lower quality schools poorer neighborhoods israel intelligence minister says country wants understanding trump administration iran must allowed establish permanent military foothold syria politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Highlights: The Trump presidency on April 26 at 9:12 P.M. EDT/0112 GMT on April 27(Reuters) - Highlights for U.S. President Donald Trump’s administration on Wednesday: Trump proposes slashing tax rates for businesses and on overseas corporate profits returned to the country in a plan greeted as an opening gambit by his fellow Republicans in Congress. Trump’s plan could shift the U.S. economy into higher gear but could have one effect the White House would not welcome — interest rates ratcheted higher than expected by a wary central bank. The Trump tax cut will generate growth but not nearly enough to replace trillions of dollars in lost revenues, while rising deficits could even take back some of the economic gains, fiscal experts say. Congress inches toward a deal to fund the government through September but is preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. Trump is considering issuing an executive order to pull the United States from the North American Free Trade Agreement, an administration official says, a move that could unravel one of the world’s biggest trading blocs. Trump and Canadian Prime Minister Justin Trudeau discuss bilateral trade in their second conversation in as many days  amid strains over softwood lumber and dairy. The Trump administration says it aims to push North Korea into dismantling its nuclear and missile programs through tougher international sanctions and diplomatic pressure, and remains open to negotiations to bring that about. Trump gives the military the authority to reset a confusing system of troop limits in Iraq and Syria that critics say allows the White House to micro-manage battlefield decisions and ultimately obscures the real number of U.S. forces. Trump signs an executive order to allow national monument designations to be rescinded or reduce the size of sites as the administration pushes to open more federal land to drilling, mining and other development. Trump orders Education Secretary Betsy DeVos to review the government role in school policy, which supporters cheer as a step in creating more local control in education and critics worry it could lead to lower quality schools in poorer neighborhoods. Israel’s intelligence minister says his country wants an “understanding” with the Trump administration that Iran must not be allowed to establish a permanent military foothold in Syria. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: highlights the trump presidency april gt april reuters highlights president donald trump administration wednesday trump proposes slashing tax rates businesses overseas corporate profits returned country plan greeted opening gambit fellow republicans congress trump plan could shift economy higher gear could one effect white house would welcome interest rates ratcheted higher expected wary central bank the trump tax cut generate growth nearly enough replace trillion dollars lost revenues rising deficits could even take back economic gains fiscal experts say congress inches toward deal fund government september preparing possibly extend midnight friday deadline order wrap negotiations avoid imminent government shutdown trump considering issuing executive order pull united states north american free trade agreement administration official says move could unravel one world biggest trading block trump canadian prime minister justin trudeau discuss bilateral trade second conversation many days amid strains softwood lumber dairy the trump administration says aims push north korea dismantling nuclear missile programs tougher international sanctions diplomatic pressure remains open negotiations bring trump gives military authority reset confusing system troop limits iraq syria critics say allows white house battlefield decisions ultimately obscure real number forces trump signs executive order allow national monument designations rescinded reduce size sites administration pushes open federal land drilling mining development trump orders education secretary bets demos review government role school policy supporters cheer step creating local control education critics worry could lead lower quality schools poorer neighborhoods israel intelligence minister says country wants understanding trump administration iran must allowed establish permanent military foothold syria politicsnews